February 26, 2021
According to the research report titled ‘Global Healthcare Education Solution Market Size study with COVID-19 impact, by Delivery Mode (Classroom-based Courses and E-learning solutions), by End-user (Physicians and Non-physicians), by Application (Cardiology, Internal Medicine, Radiology, Neurology, Pediatrics and Others) and Regional Forecasts 2020-2027’, available with Market Study Report, global healthcare education solution market accounted for USD 17.68 billion in 2019 and is predicted to expand with a CAGR of 7.40% between 2020 and 2027, subsequently reaching USD 17.68 billion by the year 2027.
High occurrence of chronic conditions is one of the major growth stimulants of global healthcare education solution industry. For those unaware, healthcare education solution is primarily used for educating people about health.
It is a tool employed to improve awareness regarding maintenance, promotion and restoration of health. Thus, improving health cognizance is stimulating the overall industry outlook.
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The widespread of COVID-19 has compelled people to maintain a strong immune system as well as a healthy body. Additionally, several public entities have released health guidelines in a bid to not only create awareness, but also to avoid exposure to any serious disease, which in turn is favoring global healthcare education solution market outlook.
Increasing popularity of online learning to offer productive healthcare measures is facilitating the overall business scenario. However, budget constraints could act as a bottleneck towards global healthcare education solution industry expansion.
As per regional analysis, North America currently dominates global healthcare education solution market space in terms of revenue share and is predicted to expand consistently throughout the analysis timeframe, primarily due to escalating healthcare expenditure.
Asia-Pacific, on the other hand, is likely to emerge as a key revenue generator for the overall market in the ensuing years, owing to increased pervasiveness of chronic conditions.
Olympus Corporation, Fujifilm Holding Corporation, Johnson & Johnson, Canon Medical Systems Corporation, Medtronic Plc, Stryker Corp., Zimmer Biomet, Siemens Healthineers AG, Koninklijke Philips N.V., and GE Healthcare are the key participants in global healthcare education solution market.