Global Medical Animation Market Size Analysis, 2018-2028

REPORT ID: BKR839Domain: HealthcarePublished Date: October 2018

 

 

Medical animation market size is estimated to be valued over USD 193 Million in 2018 and will register a CAGR of 21% to create higher incremental opportunity.

Advancement in digital technology has led emergence of innovative methods to understand anatomy and other related aspects. Flash and real time animation are key factors driving the overall demand for medical animations worldwide. It has helped various medical professionals, sales executives and healthcare leaders to understand and explain concepts in best possible way. Furthermore, according to study conducted, there has been a high turnaround in patient engagement with medical animation. As such, various end-use sectors including hospitals and diagnostic centers are leveraging the technology.

Mergers and Acquisition and Product Upgradation are key Trends in Medical Animation Industry

Emergence of new players has led companies to fasten the overall product upgradation strategy. Recently, in 2017, Infuse produced 3D animation for Terumo to create technology upgrade platform. Mergers and acquisition could take place in another ten years with higher interest from larger companies. Recently in 2017, Graphite Capital acquired Random42 – one of the key producer of medical animation. The decision was taken considering the higher revenue opportunity in the segment.

Global Medical Animation Market Size Analysis, By Product Type

In 2018, 3D medical animation is valued over US$ 93 Million in 2018 and will continue to dominate the global share throughout the forecast period. It is expected to gain 5.7% market share by 2028 end – creating high revenue opportunity for engaged players.

There’s a consistent evolution in 3D modelling since the onset of computational biology. The segment will be more common across medical institutes and R&D labs to educate patients, professionals and conduct research on human tissues and organs. It is also used in forensic departments to visualize the incident.

Global Medical Animation Market Size Analysis, By Application

Much of the medical animation demand will arise for patient education and educational curriculum. It will account for 37% of total usage. While patient education and surgical education will continue to hold the major portion, drug mechanism of action will register fastest growth. It is primarily attributed to fact that artificial intelligence in drug discovery sector is registering 39% growth – which in turn will create market opportunities for allied sectors.

Global Medical Animation Market Value Analysis, By Therapeutic Applications

Bekryl has analyzed the revenue by general medicines outlook and specialized treatment modalities. There are other segments too that include research purpose.

General therapeutic applications will dominate the global share followed by specialized treatment. Specialized treatment is further analyzed as oncology, dental, plastic surgery and cardiology.

Global Medical Animation Market Value Analysis, By End-Use Analysis

On the basis of end use, the revenue is analyzed across hospitals, academic institutes, medical device and pharmaceutical drugs manufacturers, and others. Academic institutes and hospitals will account for largest share worldwide.

Global Medical Animation Market Share Analysis, By Regions

North America accounted for 53% of global industry share. Availability of advanced technology along with government policies and higher healthcare spending has led to favorable ecosystem in North America. The region will continue to drive the sales, however, will lose substantial market share to few developing countries in Asia Pacific. Clinical image analysis in developing regions will take its spot during the forecast period.

Medical Animation Market Size and Forecast: Competition Landscape

Few key players in the industry are:

  • Hybrid Medical Animation, Inc.
  • Ghost Productions, Inc.
  • Medmovie Inc.
  • Radius Digital Science
  • Scientific Animations, Inc.
  • Nucleus Medical Media, Inc.
  • Random42 Scientific Communication
  • Infuse Medical
  • INVIVO Communications, Inc.
  • AXS Studio, Inc.
  • Trinsic Animation

 

Medical Animation Market Industry Segmentation

By Product Type:

  • 2D
  • 3D
  • 4D
  • Others

By Application

  • Patient Education and curriculum
  • Advanced Surgical Procedures
  • Drug Mechanism of Action
  • Others

By Therapeutic Applications:

  • General Medicines
  • Specialty Treatments
    • Oncology
    • Cardiology
    • Dental
    • Dermatology
    • Others

By End-use:

  • Hospitals
  • Academic Centers
  • Medical Device and Drug Manufacturers
  • Others

What Will You Discover in the Report?

  • An in-depth analysis of the Medical Animation market across regions – North America, Latin America, Western Europe, Central and Eastern Europe, Asia Pacific, Middle East, and Africa.
  • How the Medical Animation market sales is expected to grow throughout the forecast period.
  • How geopolitical policies and technological changes will affect the Medical Animation market in near future
  • Where the stakeholders should invest to generate higher profit margins
  • How consumers (end-users) will reflect to the Medical Animation industry during the forecast period
  • Who are the Medical Animation industry leaders and what are the key initiatives taken by them for long term growth

Analyst access with Bekryl Market Analysts

Purchasing of Medical Animation market research report will give clients access to 120 minutes telephonic access with a research analyst. The duration for access to analysts will be based on the report subscription editions.

Medical Animation Market Overview

  1. Executive Summary
  2. Research Methodology
  3. Medical Animation Market Overview
    • Market Outlook and Forecast
    • Growth Forecast Analysis Scenario
    • Medical Display Market Overview (Parent Market)
    • Healthcare Spending Analysis, By Selected Countries
    • Value Chain Analysis
    • R&D Spending Analysis
  4. Global Medical Animation Market Overview
    • Market Outlook and Forecast
    • Leading Industry Players
  5. Medical Animation Market Dynamics
    • Market Drivers
      • Demand Side Drivers
      • Supply Side Drivers
      • Macroeconomic Drivers
    • Market Restraints
    • Trends
    • Opportunities
    • Manufacturing Outlook
    • Marketed Details
    • Porters Analysis
    • PESTLE Analysis
    • Market Investment Proposition
    • Key Developments and Mergers and Acquisitions
  6. Medical Animation Pricing Analysis
    • Pricing Forecast, Across Regions
    • Pricing Trends
  7. Medical Animation Market, By Product Type
    • Introduction and Key Trends
    • Market Share Analysis, 2017 and 2028 (%)
    • 2D
      • Market Value Forecast, 2017-2028, (US$ Mn)
      • Y-o-Y Growth Analysis (%)
    • 3D
      • Market Value Forecast, 2017-2028, (US$ Mn)
      • Y-o-Y Growth Analysis (%)
    • 4D
      • Market Value Forecast, 2017-2028, (US$ Mn)
      • Y-o-Y Growth Analysis (%)
    • Others
      • Market Value Forecast, 2017-2028, (US$ Mn)
      • Y-o-Y Growth Analysis (%)
    • Market Attractiveness Analysis
  8. Medical Animation Market, By Application
    • Introduction and Key Trends
    • Market Share Analysis, 2017 and 2028 (%)
    • Patient Education and Curriculum
      • Market Value Forecast, 2017-2028, (US$ Mn)
      • Y-o-Y Growth Analysis (%)
    • Advanced Surgical Procedures
      • Market Value Forecast, 2017-2028, (US$ Mn)
      • Y-o-Y Growth Analysis (%)
    • Drug Mechanism of Action
      • Market Value Forecast, 2017-2028, (US$ Mn)
      • Unit Sales Forecast (Mn Unit)
      • Y-o-Y Growth Analysis (%)
    • Others
      • Market Value and Unit Forecast, 2017-2028, (US$ Mn)
      • Y-o-Y Growth Analysis (%)
    • Market Attractiveness Analysis
  9. Medical Animation Market, By Therapeutic Application
    • Introduction and Key Trends
    • Market Share Analysis, 2017 and 2028 (%)
    • General Medicines
      • Market Value Forecast, 2017-2028, (US$ Mn)
      • Y-o-Y Growth Analysis (%)
    • Specialty Treatments
      • Market Value Forecast, 2017-2028, (US$ Mn)
      • Y-o-Y Growth Analysis (%)
      • Oncology
        • Market Value Forecast, 2017-2028, (US$ Mn)
        • Y-o-Y Growth Analysis (%)
      • Cardiology
        • Market Value Forecast, 2017-2028, (US$ Mn)
        • Y-o-Y Growth Analysis (%)
      • Dental
        • Market Value Forecast, 2017-2028, (US$ Mn)
        • Y-o-Y Growth Analysis (%)
      • Dermatology
        • Market Value Forecast, 2017-2028, (US$ Mn)
        • Y-o-Y Growth Analysis (%)
      • Others
        • Market Value Forecast, 2017-2028, (US$ Mn)
        • Y-o-Y Growth Analysis (%)
      • Market Attractiveness Analysis
  1. Medical Animation Market, By End-use
    • Introduction and Key Trends
    • Market Share Analysis, 2017 and 2028 (%)
    • Hospitals
      • Market Value Forecast, 2017-2028, (US$ Mn)
      • Y-o-Y Growth Analysis (%)
    • Academic Centers
      • Market Value Forecast, 2017-2028, (US$ Mn)
      • Y-o-Y Growth Analysis (%)
    • Medical Device and Drug Manufacturers
      • Market Value Forecast, 2017-2028, (US$ Mn)
      • Y-o-Y Growth Analysis (%)
    • Others
      • Market Value Forecast, 2017-2028, (US$ Mn)
      • Y-o-Y Growth Analysis (%)
  1. Medical Animation Market, By Region
    • Introduction
    • Regional Trends
    • Regional Market Share Analysis, 2017 and 2028 (%)
    • Industry Value Proposition Analysis
    • Comparative Ranking Analysis, By Segments
    • Key Developments
  2. North America Medical Animation Market Size
    • Introduction
    • Key Trends
    • Successive Revenue Opportunity Analysis
    • Revenue Analysis (US$ Million), By Product Type
    • Revenue Analysis (US$ Million), By Application
    • Revenue Analysis (US$ Million), By Therapeutic Application
    • Revenue Analysis (US$ Million), By End-use
    • Revenue Analysis (US$ Million), By Country
      • S. Medical Animation Market Value
        • Introduction
        • Key Trends
        • Revenue Analysis(US$ Million), 2018-2028
        • Growth Rate Analysis (%), 2018-2028
      • Canada Medical Animation Market Value
        • Introduction
        • Key Trends
        • Revenue Analysis(US$ Million), 2018-2028
        • Growth Rate Analysis (%), 2018-2028
  1. Western Europe Medical Animation Market Size
    • Introduction
    • Key Trends
    • Successive Revenue Opportunity Analysis
    • Revenue Analysis (US$ Million), By Product Type
    • Revenue Analysis (US$ Million), By Application
    • Revenue Analysis (US$ Million), By Therapeutic Application
    • Revenue Analysis (US$ Million), By End-use
    • Revenue Analysis (US$ Million), By Country
      • Germany Medical Animation Market Value
        • Introduction
        • Key Trends
        • Revenue Analysis(US$ Million), 2018-2028
        • Growth Rate Analysis (%), 2018-2028
      • France Medical Animation Market Value
        • Introduction
        • Key Trends
        • Revenue Analysis(US$ Million), 2018-2028
        • Growth Rate Analysis (%), 2018-2028
      • UK Medical Animation Market Value
        • Introduction
        • Key Trends
        • Revenue Analysis(US$ Million), 2018-2028
        • Growth Rate Analysis (%), 2018-2028
      • Netherlands Medical Animation Market Value
        • Introduction
        • Key Trends
        • Revenue Analysis(US$ Million), 2018-2028
        • Growth Rate Analysis (%), 2018-2028
      • Spain Medical Animation Market Value
        • Introduction
        • Key Trends
        • Revenue Analysis(US$ Million), 2018-2028
        • Growth Rate Analysis (%), 2018-2028
      • BENELUX Medical Animation Market Value
        • Introduction
        • Key Trends
        • Revenue Analysis(US$ Million), 2018-2028
        • Growth Rate Analysis (%), 2018-2028
      • Italy Medical Animation Market Value
        • Introduction
        • Key Trends
        • Revenue Analysis(US$ Million), 2018-2028
        • Growth Rate Analysis (%), 2018-2028
      • NORDIC Medical Animation Market Value
        • Introduction
        • Key Trends
        • Revenue Analysis(US$ Million), 2018-2028
        • Growth Rate Analysis (%), 2018-2028
  1. Central and Eastern Europe (CEE) Medical Animation Market Size
    • Introduction
    • Key Trends
    • Successive Revenue Opportunity Analysis
    • Revenue Analysis (US$ Million), By Product Type
    • Revenue Analysis (US$ Million), By Application
    • Revenue Analysis (US$ Million), By Therapeutic Application
    • Revenue Analysis (US$ Million), By End-use
    • Revenue Analysis (US$ Million), By Country
      • Russia Medical Animation Market Value
        • Introduction
        • Key Trends
        • Revenue Analysis(US$ Million), 2018-2028
        • Growth Rate Analysis (%), 2018-2028
      • Poland Medical Animation Market Value
        • Introduction
        • Key Trends
        • Revenue Analysis(US$ Million), 2018-2028
        • Growth Rate Analysis (%), 2018-2028
      • Ukraine Medical Animation Market Value
        • Introduction
        • Key Trends
        • Revenue Analysis(US$ Million), 2018-2028
        • Growth Rate Analysis (%), 2018-2028
      • Turkey Medical Animation Market Value
        • Introduction
        • Key Trends
        • Revenue Analysis(US$ Million), 2018-2028
        • Growth Rate Analysis (%), 2018-2028
  1. Asia Pacific
    • Introduction
    • Key Trends
    • Successive Revenue Opportunity Analysis
    • Revenue Analysis (US$ Million), By Product Type
    • Revenue Analysis (US$ Million), By Application
    • Revenue Analysis (US$ Million), By Therapeutic Application
    • Revenue Analysis (US$ Million), By End-use
    • Revenue Analysis (US$ Million), By Country
      • China Medical Animation Market Value
        • Introduction
        • Key Trends
        • Revenue Analysis(US$ Million), 2018-2028
        • Growth Rate Analysis (%), 2018-2028
      • Japan Medical Animation Market Value
        • Introduction
        • Key Trends
        • Revenue Analysis(US$ Million), 2018-2028
        • Growth Rate Analysis (%), 2018-2028
      • India Medical Animation Market Value
        • Introduction
        • Key Trends
        • Revenue Analysis(US$ Million), 2018-2028
        • Growth Rate Analysis (%), 2018-2028
      • South Korea Medical Animation Market Value
        • Introduction
        • Key Trends
        • Revenue Analysis(US$ Million), 2018-2028
        • Growth Rate Analysis (%), 2018-2028
      • Australia Medical Animation Market Value
        • Introduction
        • Key Trends
        • Revenue Analysis(US$ Million), 2018-2028
        • Growth Rate Analysis (%), 2018-2028
      • ASEAN Medical Animation Market Value
        • Introduction
        • Key Trends
        • Revenue Analysis(US$ Million), 2018-2028
        • Growth Rate Analysis (%), 2018-2028
      • Rest of Asia Pacific Medical Animation Market Value
        • Introduction
        • Key Trends
        • Revenue Analysis(US$ Million), 2018-2028
        • Growth Rate Analysis (%), 2018-2028
  1. Latin America Medical Animation Market Size
    • Introduction
    • Key Trends
    • Successive Revenue Opportunity Analysis
    • Revenue Analysis (US$ Million), By Product Type
    • Revenue Analysis (US$ Million), By Application
    • Revenue Analysis (US$ Million), By Therapeutic Application
    • Revenue Analysis (US$ Million), By End-use
    • Revenue Analysis (US$ Million), By Country
      • Brazil Medical Animation Market Value
        • Introduction
        • Key Trends
        • Revenue Analysis(US$ Million), 2018-2028
        • Growth Rate Analysis (%), 2018-2028
      • Argentina Medical Animation Market Value
        • Introduction
        • Key Trends
        • Revenue Analysis(US$ Million), 2018-2028
        • Growth Rate Analysis (%), 2018-2028
      • Chile Medical Animation Market Value
        • Introduction
        • Key Trends
        • Revenue Analysis(US$ Million), 2018-2028
        • Growth Rate Analysis (%), 2018-2028
      • Mexico Medical Animation Market Value
        • Introduction
        • Key Trends
        • Revenue Analysis(US$ Million), 2018-2028
        • Growth Rate Analysis (%), 2018-2028
      • Uruguay Medical Animation Market Value
        • Introduction
        • Key Trends
        • Revenue Analysis(US$ Million), 2018-2028
        • Growth Rate Analysis (%), 2018-2028
      • Rest of Latin Ameica Medical Animation Market Value
        • Introduction
        • Key Trends
        • Revenue Analysis(US$ Million), 2018-2028
        • Growth Rate Analysis (%), 2018-2028
  1. Middle East
    • Introduction
    • Key Trends
    • Successive Revenue Opportunity Analysis
    • Revenue Analysis (US$ Million), By Product Type
    • Revenue Analysis (US$ Million), By Application
    • Revenue Analysis (US$ Million), By Therapeutic Application
    • Revenue Analysis (US$ Million), By End-use
    • Revenue Analysis (US$ Million), By Country
      • GCC Animation Market Value
        • Introduction
        • Key Trends
        • Revenue Analysis(US$ Million), 2018-2028
        • Growth Rate Analysis (%), 2018-2028
      • Israel Medical Animation Market Value
        • Introduction
        • Key Trends
        • Revenue Analysis(US$ Million), 2018-2028
        • Growth Rate Analysis (%), 2018-2028
      • Iran Medical Animation Market Value
        • Introduction
        • Key Trends
        • Revenue Analysis(US$ Million), 2018-2028
        • Growth Rate Analysis (%), 2018-2028
      • Rest of Middle East Medical Animation Market Value
        • Introduction
        • Key Trends
        • Revenue Analysis(US$ Million), 2018-2028
        • Growth Rate Analysis (%), 2018-2028
  1. Africa Medical Animation Market Size
    • Introduction
    • Key Trends
    • Successive Revenue Opportunity Analysis
    • Revenue Analysis (US$ Million), By Product Type
    • Revenue Analysis (US$ Million), By Application
    • Revenue Analysis (US$ Million), By Therapeutic Application
    • Revenue Analysis (US$ Million), By End-use
    • Revenue Analysis (US$ Million), By Country
      • North Africa Medical Animation Market Value
        • Introduction
        • Key Trends
        • Revenue Analysis(US$ Million), 2018-2028
        • Growth Rate Analysis (%), 2018-2028
      • Central Africa Medical Animation Market Value
        • Introduction
        • Key Trends
        • Revenue Analysis(US$ Million), 2018-2028
        • Growth Rate Analysis (%), 2018-2028
      • South Africa Medical Animation Market Value
        • Introduction
        • Key Trends
        • Revenue Analysis(US$ Million), 2018-2028
        • Growth Rate Analysis (%), 2018-2028
  1. Company Landscape
    • Competition Dashboard
    • Company Market Positioning, 2018
    • Key Distributors, By Regional Presence
    • Distribution Channel Matrix
    • Company Profiles
      • Hybrid Medical Animation, Inc.
        • Overview
        • Key Developments
        • Business Strategy
          • Product Level
          • Go-to-Market
          • Regional Level
        • SWOT Analysis
        • Regional Presence
      • Ghost Productions, Inc.
      • Medmovie Inc.
      • Radius Digital Science
      • Scientific Animations, Inc.
      • Nucleus Medical Media, Inc.
      • Random42 Scientific Communication
      • Infuse Medical
      • INVIVO Communications, Inc.
      • AXS Studio, Inc.
      • Trinsic Animation

(Key Pointers Covered for all other companies)

Medical Animation Market Research Methodology

According to recently released report by Bekryl, medical animation industry is set to create high incremental opportunity for engaged players across value chain. The industry will be driven by changing digital infrastructure, emergence of artificial intelligence in healthcare and demand for interactive sessions with healthcare personnel and patient’s engagement. Overall revenue is still at its nascent stage, however, changing landscape will boost the global sales. Many players are expected to emerge in the market during the forecast period. As such, the report aims to highlight the key trends, overall market opportunity and key drivers associated with it. While the industry will be driven by North America, medical animation market opportunity will gradually shift to Asia Pacific over the second half of forecast period.

Bekryl Market Analysts has earned reputation within the market research and consulting industry for its ability to not only collect and reprint data but also its ability to build upon its extensive models and databases to provide meaningful forecasting and strategic planning services to clients.

Our research analyst and industry experts thoroughly investigates the industry by extensively interviewing the industry leaders and analyzing information from various secondary sources. The information collected is analyzed with the help of analytical tools to offer real time forecast solutions.

Medical Animation Market Growth Forecasting Methodology

In order to prepare historical data and analyze Medical Animation market forecast, Bekryl prepare data for product supply and actual demand from end-use consumers. Through this, we get to know actual demand for Medical Animation market globally. The data collection is done through secondary and primary market research and then a constructive model is developed.

  • Secondary market research involves data collection through various paid publications and government agencies. Various journals and pre-encrypt transcripts is decoded to get the real time data solutions
  • The data collected through secondary research is then validated with the industry experts to minimize the anomaly and reflect key stakeholders opinion in the report.

With the model constructed, the cluttered data collected through different sources is structured with the help of proprietary analytical tools – making us understand the variation happened in the current year compared to historical years. To forecast Medical Animation market revenue, Bekryl Market Analysts takes in consideration the demand growth of the segments. Demand for the product is dependent on end-user spending which is a function of many factors: amongst them macroeconomic strength, price variation and other base factors.

The forecast methodology requires extensive data analysis across countries. Among all the factors, patients turnaround, spending patterns, healthcare amenities, and GVA and GDP output is considered as the first set of approximation. Bekryl Market Analysts has developed a demand driven model based on these factors across targeted countries.  Under this, co-relation is analyzed between product and the said parameters– resulting in a constant Product coefficient. Higher the coefficient- greater will be the growth rate. For instance, GDP-Product segment coefficient matrix of 3 denotes Medical Animation industry growth is nearly 3.5X to 5.5X higher than the relative GDP.

Besides Market Coefficient, Bekryl establishes following relation variation for higher predictive analysis.

  • Base Factors Growth Analysis
  • Price Variation Analysis
  • Potential Consumer Mapping

Medical Animation Industry Players: Competition Landscape Methodology

Bekryl maps key market players across regions. Financial ratios is taken in consideration along with regional presence and their value chain to understand the company market strength. Thereafter, investment proposition for each company is proposed which gives coefficient matrix value for the company. Industry experts is also reflected in company landscape.

 

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