As Per the Report, the Size of the Europe Medical Animation Market Size is valued at USD 35.8 Million in 2019 and projected to reach USD 82.67 Million by 2024, increasing at a CAGR of 18.22% during the forecast period 2019-2024.
Medical animations are educational videos used to explain surgical or physiological topics with the help of computer graphics which are rendered. They are mostly viewed by patients and medical professionals among other users. Initially, these animations were basic in nature, but with the advancement in technology, the videos became more intricate. They can be coupled with additional devices such as haptic gloves, head-mounted displays, and electronic lenses.
Medical animations have a range of applications. Fully informed consent can be obtained from patients before performing a surgical procedure on them. Since carcasses are difficult to find, surgical instructions can be demonstrated with the help of animated videos. Animations can be used to demonstrate numerous biological processes occurring inside a living cell. They can be used to explain the mechanism of action of pharmaceutical drugs. During cases of emergency, animations can be used to help novices in performing a cardiovascular resuscitation procedure. In the field of forensics, they can be used to recreate a crime scene that can be produced in court.
The driving factors of the Europe Medical Animation market are growing number of surgeries, rising growth of advancements in technology, rising penetration of electronic devices such as smartphones, tablets, and computers, an increasing the number of pharmaceutical companies using medical animations, growing geriatric population, and entry of start-ups among others. However, the market is constrained by factors like the high cost of generating medical animations.
Europe Medical Animation Market has been segmented and sub-segmented into the following categories
On the basis of region, Europe holds the second-largest share in the global market after the North America region.
Factors such as rising geriatric population, rising penetration of electronic devices and progressing technological advancements are expected to drive the growth of this market in the region.
Promising Companies dominating the Europe 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
184.108.40.206 By Type
220.127.116.11 By Therapeutic Area
18.104.22.168 By Application
22.214.171.124 By End Users
6.1.4 Market Attractiveness Analysis
126.96.36.199 By Type
188.8.131.52 By Therapeutic Area
184.108.40.206 By Application
220.127.116.11 By End Users
6.1.5 Market Share Analysis
18.104.22.168 By Type
22.214.171.124 By Therapeutic Area
126.96.36.199 By Application
188.8.131.52 By End Users
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