The Size of the Asia Pacific Medical Animation Market is valued at USD 24.30 Million in 2021 and estimated to be growing at a CAGR of 21.22%, to reach USD 63.62 Billion by 2026 during the forecast period 2021 to 2026.
Medical animations are educational movies that are used to explain physiological or surgical topics with the help of rendered computer graphics. They are mostly made for patients and medical professionals among other users. At the start, these animations were primitive in nature but with technological advancements, the videos became more intricate. They can be used along with devices such as haptic gloves, head-mounted displays, and electronic lenses.
Medical animations have many applications. Animations can be used to explain biological processes occurring inside a living cell. Fully informed consent can be taken from patients before performing a surgical procedure on them. As cadavers are hard to find, surgical instructions can be explained by using animated videos. Animations can also be used to explain the mechanism of action of pharmaceutical drugs. In the field of forensics, they can be used to recreate a crime scene that can be produced in court. During cases of emergency, they can be used in assisting novices in performing a cardiovascular resuscitation procedure.
The driving factors of the Asia-Pacific Medical Animation market are the increasing the number of pharmaceutical companies using medical animations, rising geriatric population, increasing number of surgeries, growing advancements in technology, increasing penetration of electronic devices such as smartphones, tablets and computers and entry of start-ups among others. However, the market is restrained by factors like the high cost of generating medical animations.
Asia Pacific Medical Animation Market has been segmented and sub-segmented into the following categories
On the basis of region, the Asia-Pacific is the fastest-growing region in the world. Factors such as rising geriatric population and growing innovation in technology are expected to drive the market growth in the region.
Top Companies leading the Asia Pacific Medical Animation Market Profiled in the Report are Infuse Medical (U.S.), Hybrid Medical Animation, Inc. (U.S.), Ghost Productions, Inc. (U.S.), Radius Digital Science (U.S.), Nucleus Medical Media, Inc. (U.S.), AXS Studio, Inc. (Canada), Visible Body (U.S.), Elara Systems, Inc. (U.S.), Animated Biomedical Productions (Australia), XVIVO Scientific Animation (U.S.), Scientific Animations, Inc. (U.S.).
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3.1 Executive Summary
3.2 Key Inferences
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1.1 3D animation
5.1.2 2D animation
5.1.3 Flash Animation
5.1.4 Real-Time Animation
5.1.5 Y-o-Y Growth Analysis, By Type
5.1.6 Market Attractiveness Analysis, By Type
5.1.7 Market Share Analysis, By Type
5.2 Therapeutic Area
5.2.5 Other End Users
5.2.6 Y-o-Y Growth Analysis, By Therapeutic Area
5.2.7 Market Attractiveness Analysis, By Therapeutic Area
5.2.8 Market Share Analysis, By Therapeutic Area
5.3.1 Drug Mechanism of Action
5.3.2 Cellular and Molecular Applications
5.3.3 Patient Education
5.3.4 Surgical Training
5.3.6 Other Applications
5.3.7 Y-o-Y Growth Analysis, By Application
5.3.8 Market Attractiveness Analysis, By Application
5.3.9 Market Share Analysis, By Application
5.4 End Users
5.4.1 Life Science Companies
5.4.2 Academic Institutes,
5.4.3 Hospitals, Surgical Centres and Clinics
5.4.4 Medical Device Manufacturers
5.4.5 Other End Users
5.4.6 Y-o-Y Growth Analysis, By End Users
5.4.7 Market Attractiveness Analysis, By End Users
5.4.8 Market Share Analysis, By End Users
6. Geographical Analysis
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
22.214.171.124 By Type
126.96.36.199 By Therapeutic Area
188.8.131.52 By Application
184.108.40.206 By End Users
6.1.4 Market Attractiveness Analysis
220.127.116.11 By Type
18.104.22.168 By Therapeutic Area
22.214.171.124 By Application
126.96.36.199 By End Users
6.1.5 Market Share Analysis
188.8.131.52 By Type
184.108.40.206 By Therapeutic Area
220.127.116.11 By Application
18.104.22.168 By End Users
6.5 South Korea
7. Strategic Analysis
7.1 PESTLE analysis
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Infuse Medical
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Hybrid Medical Animation, Inc.
8.3 Ghost Productions, Inc.
8.4 Radius Digital Science
8.5 Nucleus Medical Media, Inc.
8.6 AXS Studio, Inc.
8.7 Visible Body
8.8 Elara Systems, Inc.
8.9 Animated Biomedical Productions
8.10 XVIVO Scientific Animation
8.11 Scientific Animations, Inc.
8.12 INVIVO Communications, Inc.
8.13 Random42 Scientific Communication
8.14 Blausen Medical Communications, Inc.
8.15 Trinsic Medical Animation, LLC.
8.18 Medmovie, Inc.
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, Collaborations, and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
a) List of Tables
b) List of Figures