Virtual Training and Simulation Market Next Big Thing | SimforHealth, VirtaMed, Mursion, Cubic

PRESS RELEASE
Published April 18, 2023

Latest Study on Industrial Growth of Virtual Training and Simulation Market 2023-2028. A detailed study accumulated to offer Latest insights about acute features of the Virtual Training and Simulation market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis.

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Major players profiled in the study are:

CAE Inc (Canada), The DiSTI Corporation (United States), Oxford Medical Simulation (United States), SimforHealth (MediActiv) (France), Elbit Systems Ltd., (Israel), VirtaMed AG (Switzerland), Mursion Inc. (United States), Kratos Defense & Security Solutions, Inc. (United States), Cubic Corporation (United States), Virtro (Canada)

Scope of the Report of Virtual Training and Simulation

The virtual training and simulation is the combination where training is conducted in a virtual or simulated environment when the learner or the trainee and the instructor are in separate locations. Virtual training can be done synchronously or asynchronously, it gives the traditional classroom or learning experience. The simulation helps learners to believe that the settings are real and they can act or respond to it by making mistakes and actually doing no harm or wastage leading to the real-time learning experience. This technology is widely used in various industries including education, healthcare, military for training students, medical trainees, and military troops respectively. Currently, virtual training and simulation are being used in training nursing students for clinical learning in the wake of COVID-19.

On 18th January 2020, In advance of the International Meeting on Simulation in Healthcare, CAE Healthcare has released CAE Vimedix 3.0, its updated ultrasound simulator with a new user interface that includes 3-D/4-D cardiac ultrasound for advanced assessment and diagnosis in preparation for ultrasound-guided interventions.

On 17th January 2020, CAE Healthcare announced the release of its first training applications for Microsoft HoloLens 2, which will integrate holographically, modeled physiology into its patient simulators. The mixed reality applications will accelerate learning by displaying 3D, interactive cardiac, respiratory, and circulatory systems that will allow learners to envision human anatomy.

On 18th Feb 2020, PaleBlue and European Space Agency (ESA) launched a virtual reality training project as an agreement. PaleBlue started developing a VR training simulator for astronaut training in Zero Gravity. Within this project, the International Space Station (ISS) is reproduced as a virtual 3D model, where groups of astronauts use VR to perform simultaneous training. This project will allow PaleBlue and ESA to visualize navigation inside the ISS in Zero-G conditions. The project contains cutting-edge research and development. PaleBlue has been selected for this project based on the unique capabilities of the company’s Simulation Platform, allowing for collaborative training in VR, where participants can connect from around the world to the same simulation scene.

The Global Virtual Training and Simulation Market segments and Market Data Break Down are illuminated below:

by Application (Virtual Schools, Institutes, Hospitals, Others), Components (Hardware, Software, Service), Platform (Computer, Smartphones, VR Devices), Industry Verticals (Healthcare Industry, Education Industry, Gaming Industry, Entertainment Industry, Manufacturing Industry, Others)

Market Opportunities:

  • Growing Spendings of Various Industries in Virtual Training and Simulation
  • Surging Demand for Virtual Training and Simulation in Military and Defense

Market Drivers:

  • The Demand for Engaging, Appealing and Immersive Technology
  • Growing Demand for the Virtual Environment that Mimics Real-life Use in Various Industry

Market Trend:

  • Rising Use of Virtual Training and Simulation in Medicine and Healthcare Industry
  • Demand for Virtual Training and Simulation in Manufacturing Industry for Precise Designing and Production of the Product

What can be explored with the Virtual Training and Simulation Market Study?

  • Gain Market Understanding
  • Identify Growth Opportunities
  • Analyze and Measure the Global Virtual Training and Simulation Market by Identifying Investment across various Industry Verticals
  • Understand the Trends that will drive Future Changes in Virtual Training and Simulation
  • Understand the Competitive Scenarios
    • Track Right Markets
    • Identify the Right Verticals

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Table of Contents

Global Virtual Training and Simulation Market Research Report

Chapter 1 Global Virtual Training and Simulation Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Productions, Revenue (Value) by Region

Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions

Chapter 6 Global Productions, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 Global Virtual Training and Simulation Market Forecast

Finally, Virtual Training and Simulation Market is a valuable source of guidance for individuals and companies.

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