Healthcare simulation market forecast to hit $14.252b by 2032

This is because hospitals, practitioners perform complex medical procedures without putting patients at risk.

Polaris Market Research predicts that the global healthcare simulation market is expected to reach US$14.252b ($11.52b) by 2032.

It added that healthcare simulation is a training tool for hospitals and medical staff to practice complex medical procedures in a realistic environment without risk to patients.

The market is expected to grow at a compound annual growth rate (CAGR) of 17% from $2.683b (USD2.81b) in 2024 to 2032.

Polaris Market Research said the rise of web-based platforms and simulation technologies such as high-fidelity mannequins, virtual and augmented reality (VR, AR) and 3D printing, as well as demand from healthcare systems will drive the growth of this market.

It added that investments in simulation facilities are also accelerating in emerging regions of Asia-Pacific, particularly India, China and Japan, as healthcare systems expand and prioritize modern training frameworks.

North America leads the way in simulation.

By leveraging a web-based platform and high-fidelity mannequins, physicians can master complex procedures in a real-world setting without compromising patient safety.

VR and AR, 3D printing, and procedural rehearsal systems are being embedded into simulation programs to enable hands-on practice and remote learning, the study said.

It added that hospitals and healthcare systems are increasingly adopting simulation technology to facilitate ongoing training, meet accreditation standards and support team-based practice.