October 22, 2022
Worldwide Medical Education Industry is Expected to Reach $162.5 Billion by 2028
T The global market for medical education, according to reports, was estimated to be worth USD 90.66 billion in 2021 and is projected to grow to USD 162.56 billion by 2028 at a CAGR of 8.70% during the forecast period (2022 - 2028). Rapid improvements in healthcare infrastructure have caught the attention of those working in the international medical education sector.
Particularly in developing nations, the number of medical schools is rising. The COVID-19 pandemic is still going strong, and it will almost certainly broaden the scope of medical education — especially online courses. Some people credit the availability of online learning for the expansion of medical education. As governments enact stricter social segregation laws, online education has grown in popularity.
Because of the internet's widespread use and people's familiarity with modern technology, medical professionals, academics, and professors can now schedule online classes in a number of different ways. In addition to live video streaming for lectures, these include the distribution of printed medical literature, audio recordings, and e-books. The pandemic has also accelerated research on potential vaccines and drugs to combat the deadly illness.
…the entire process entails studying the annual and financial reports of the leading market players and conducting in-depth interviews with top business executives, including CEOs, VPs, Directors, and marketing executives, to gain important industry insights...
The size of the global medical education market as well as the size of numerous other dependent submarkets were estimated and validated using top-down and bottom-up methods.
The information included in the research methodology to calculate the market size: secondary research was used to identify the major players in the market, and primary and secondary research was used to calculate their market shares in the various regions.
The entire process entails studying the annual and financial reports of the leading market players and conducting in-depth interviews with top business executives, including CEOs, VPs, directors, and marketing executives, to gain important industry insights.
All breakdowns and percentage splits were calculated using secondary sources and confirmed using primary sources.
To obtain the final quantitative and qualitative data, all relevant factors that might have an impact on the markets covered by this research study have been taken into account, carefully examined, confirmed through primary research, and analysed.
Based on the provider, delivery method, application, end-user, and region, the global medical education market is divided into sub-segments. Continued Medical Education, Universities and Academic Centres, and Other Providers are the categories used to group providers.
Depending on the delivery method, it is divided into classroom-based and online-based. It is divided into categories for applications in cardiology, neurology, radiology, internal medicine, paediatrics, and others.
It is divided into three categories based on the end-user: students, doctors, and non-physicians. It is divided into North America, Europe, Asia-Pacific, South America, and MEA according to region.
Posted in News and tagged News, Medical Education Industry, Medical Schools, Online Courses, Research Methodology
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