Global Medical Animation Market
Medical animation refers to a short educational video, often explaining complicated medical subjects through motion and animation. Medical cartoon is usually used as a teaching tool for medical professional education and professional practice. It can be used in the classroom for student learning and clinical instruction. It can also be used to supplement conventional classroom learning and treatment. Educational videos in the form of animation can often be found on many medical websites, including websites designed for teachers and student learning.
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A medical animation is a video, generally of a less than one hour in length, which is made using 3D animation and computer-generated imagery to educate, stimulate, or even to entertain. While typically it can be meant for a myriad of different audiences, particularly those within the healthcare industry, the most common medical animation used as a teaching tool is often used as an educational tool for students or healthcare practitioners. As a result of this, many animated films or videos about the human body or human anatomy have become incredibly popular in the past few years.
Market Statistics:
The global medical animation market is valued at US$ 176.60 million in 2017 and is expected to witness a CAGR of 19.3% over the forecast period (2017 – 2025).
Recent Developments
The global medical animation market is witnessing several M&A activities. For instance, in July 2017, Graphite Capital, a mid-market private equity firm, acquired Random42, a medical animation studio.
Global Medical Animation Market: Drivers
Increasing adoption of medical animation is expected to propel growth of the global medical animation market over the forecast period. For instance, in October, 2017, Infuse produced 3D animation for Terumo Trima to promote an update to one of their existing product line, highlighting the new features of the updated device.
Moreover, high prevalence of chronic diseases is also expected to aid in growth of the market over the forecast period. For instance, according to the study, ‘Cancer statistics for adults aged 85 years and older, 2019’, published in ACS CA: A Cancer Journal for Clinicians, in August 2019, in 2019, the projected number of cancer cases and deaths was 140,690 and 103,250 respectively, among adults aged 85 years and older in the U.S.
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Global Medical Animation Market: Opportunities
Increasing funding for capability expansion is expected to offer lucrative growth opportunities for players in the global medical animation market. For instance, in October 2020, Random42 received a US$ 100 million grant from Epic Games to enhance its capabilities in the medical animation and interactive space.
Global Medical Animation Market: Restraints
High cost of medical animation videos is expected to limit growth of the global medical animation market.
Global Medical Animation Market: Competitive Landscape
Major players operating in the global medical animation market include, AXS Studio, Inc., Ghost Productions, Inc., Hybrid Medical Animation, Inc., Infuse Medical, INVIVO Communications, Inc., Medmovie Inc., Nucleus Medical Media, Inc., Random42 Scientific Communication, Radius Digital Science, Scientific Animations, Inc., and Trinsic Animation.
Global Medical Animation Market: Taxonomy
On the basis of type, the global medical animation market is segmented into:
- 2D
- 3D
- 4D
- Flash Animation
On the basis of therapeutic area, the global medical animation market is segmented into:
- Oncology
- Plastic Surgery
- Cardiology
- Dental
- Others
On the basis of application, the global medical animation market is segmented into:
- Patient Education
- Medical Device/ Drug Formula Simulation
- Molecular/ Cellular Animation
- Emergency Care Education
- Surgical Training
- Forensic Reconstruction
On the basis of end user, the global medical animation market is segmented into:
- Pharmaceutical and Medical Device Manufacturers
- Hospitals and Clinics
- Research Laboratories
- Others
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Table of Content
Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Global Medical Animation Market Size Analysis from 2021 to 2027
11.6 COVID-19 Outbreak: Medical Animation Industry Impact
Chapter 2 Global Medical Animation Competition by Types, Applications, and Top Regions and Countries
2.1 Global Medical Animation (Volume and Value) by Type
2.3 Global Medical Animation (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Medical Animation Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Medical Animation Market Analysis
Chapter 6 East Asia Medical Animation Market Analysis
Chapter 7 Europe Medical Animation Market Analysis
Chapter 8 South Asia Medical Animation Market Analysis
Chapter 9 Southeast Asia Medical Animation Market Analysis
Chapter 10 Middle East Medical Animation Market Analysis
Chapter 11 Africa Medical Animation Market Analysis
Chapter 12 Oceania Medical Animation Market Analysis
Chapter 13 South America Medical Animation Market Analysis
Chapter 14 Company Profiles and Key Figures in Medical Animation Business
Chapter 15 Global Medical Animation Market Forecast (2021-2027)
Chapter 16 Conclusions
Research Methodology
Continued….
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