According to Stratistics MRC, the Global Medical Animation Market is accounted for $110.36 million in 2015 and is expected to reach $356.20 million by 2022 growing at a CAGR of 18.2% during the forecast period. Growing penetration of Smartphones, rising usage of medical animation by life sciences & medical device and increasing ageing population are some of the factors fueling the market growth. However, high cost of medical animation services is hampering the market. Emerging economies are offering new growth opportunities for the players in the medical animation market.
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By technology, 3D animation segment dominated the global market with largest share. By region, North America accounted for largest market share due to the presence of improved healthcare system and availability of advanced technologies. However, Asia Pacific is anticipated to witness highest CAGR, owing to growing awareness levels amongst end users and developing healthcare infrastructure in the region.
Some of the key players in Medical Animation market include Ghost Productions, Inc., AXS Studio Inc., Radius Digital Science, Infuse Medical, Scientific Animations, Elara Systems, Inc., Animated Biomedical Productions, Nucleus Medical Media, Understand.Com, XVIVO Scientific Animation, Viscira, Hybrid Medical Animation, Trinsic Animation LLC, Blausen Medical Communications, Inc., Visible Body, Random42 Scientific Communication and INVIVO Communications Inc.
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Rest of Europe
Rest of Asia Pacific
Rest of the World
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