Authored By: Sarah
16 Jul 2024

 Medical Education Market Size to grow by USD 185.66 billion between 2024-2028

According to a research report “ Medical Education Market” by Application (Blended learning, Online learning) Type (Graduation courses, Certifications and trainings, Post graduate courses) Geography (North America, APAC, Europe, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 185.66 billion, at a CAGR of 20.88% during the forecast period. In the medical education sector, there is a noticeable shift towards online learning as opposed to traditional classroom instruction. Online medical courses offer numerous advantages over conventional methods. These courses enable learners to access specialized medical stream content and a wide range of course materials, including recorded videos, online assessments, and digital reading materials. Furthermore, instructors can monitor student progress in real-time through online tools, utilizing data from test scores and student activities. For instance, OMNICURIS HEALTHCARE PVT. Ltd. is a leading provider of online medical education, delivering high-quality, flexible, and accessible learning solutions..

Browse market data tables, figures, and in-depth TOC on “Medical Education Market” by Application (Blended learning, Online learning) Type (Graduation courses, Certifications and trainings, Post graduate courses) Geography (North America, APAC, Europe, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample

 

By Application, the Blended learning segment is projected to dominate the market size in 2024

Blended learning represents a cutting-edge approach to medical education that merges conventional teaching methods with digital content and communication technology. By incorporating this methodology into medical courses, institutions enhance learning outcomes and evaluate students' behavior, knowledge, and academic performance. Comprising both face-to-face instruction and a range of teaching techniques such as recorded lectures, pre-class videos, online tutorials, and assessments, blended learning fosters an engaging and effective learning experience. To facilitate this approach, medical institutions integrate advanced technology tools, enabling students to expand their medical knowledge and skills. The blended learning process is divided into three distinct phases: prior to class, during class, and post-class. In the pre-class phase, students access online content to review subjects and prepare for upcoming lectures.

By Type, Graduation courses  segment is expected to hold the largest market size for the year 2024

In the medical education sector, graduate degrees serve as the essential qualification for individuals aiming to join the medical services industry. This segment is projected to dominate the global medical education market due to the substantial student enrollment in graduate programs compared to other levels of education. The enrollment numbers for graduate courses in medical schools and universities differ significantly based on the cost of education and regional variations. Innovation in teaching methods is a key trend in medical education institutes worldwide, aimed at improving students' knowledge and skills through advanced graduate courses.

North America is forecasted to hold the largest market size by region in 2024

In the North American region, the United States and Canada represent the primary markets for medical education. The growing popularity of distance learning in these countries is noteworthy, as it offers numerous benefits for students. These advantages include increased accessibility, flexibility in terms of time and location, and cost savings. Distance learning medical education courses are typically more affordable than traditional programs due to reduced expenses such as on-campus housing and meals. Furthermore, the cost per credit hour for distance learning degrees is often significantly lower than that of traditional degrees. Consequently, distance education opens up valuable learning opportunities for individuals who may not have the financial means to pursue a conventional medical degree.

The Medical Education Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • Alison
  • All India Institute of Medical Sciences
  • Childrens Hospital Los Angeles
  • Grand Canyon University
  • Harvard Medical School
  • Johns Hopkins University
  • Kaiser Foundation Health Plan Inc.
  • KP Bernard J. Tyson School of Medicine
  • Mayo Clinic
  • Medvarsity Online Ltd.
  • National University of Singapore
  • New York University
  • OMNICURIS HEALTHCARE PVT. LTD
  • Stanford University
  • The University of Alabama
  • THE UNIVERSITY OF BRITISH COLUMBIA
  • The University of Stavanger
  • TTUHSC
  • University of California
  • University of Cambridge
  • University of Eastern Finland
  • University of Liverpool
  • University of New England
  • University of Oslo
  • University of Oxford
  • University of Washington
  • Western Governors University
  • Yale University
  • Zimmer Biomet Holdings Inc.
  • University of Bergen
.

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Research Analysis Overview

The medical education market is a dynamic and evolving landscape, driven by the need for innovative teaching methods and advanced technologies to prepare future healthcare professionals for the complexities of modern healthcare. Traditional curricula are giving way to integrated curricula that prioritize hands-on interaction with patients, problem-based learning (PBL), and evidence-based medicine (EBM). Library facilities play a crucial role in medical education, providing students with access to the latest research and medical technologies. Universities are investing in practical-based approaches, such as realistic simulations using AR technology, recorded films, online reading resources, and online medical courses and training modules. Medical schools are embracing these educational solutions to enhance the learning experience and prepare students for quality care and patient safety. Training methods are shifting towards a more patient-centered approach, with an emphasis on problem-solving and critical thinking. Medical training now includes a wide range of resources, from online courses to hands-on experience in clinical settings. Medical educational programs are continually adapting to meet the changing needs of the healthcare industry, ensuring that students are equipped with the knowledge and skills necessary to provide effective disease treatments and deliver high-quality care.

Market Research Overview

The medical education market is a dynamic and evolving landscape that caters to the diverse needs of medical graduates and practicing clinicians. With the advent of technology, traditional medical education programs offered by schools of medicine have given way to hybrid medical education, including online and on-campus learning. Clinical care options like Visual learning platforms provided by Origin Learning offer medical graduates and healthcare professionals access to a wealth of educational resources, including e-books, audio, video, and internet enduring materials. These platforms provide training in various medical specialties such as Radiology, Pediatrics, Oral & Maxillofacial, Orthopedic, Neurology, Cardiothoracic, and more through regularly scheduled series and on-demand online courses. Medical schools, ambulatory surgery centers, hospitals, and training centers offer additional training through internships, residencies, and fellowships. The academic education segment of the medical education market includes classroom-based courses, while the delivery mode segment offers online, on-campus, and hybrid learning solutions. Medical colleges and universities are integrating digital learning solutions like ENS4Care, which use Artificial Intelligence (AI) and adaptive learning to personalize education and improve patient safety and quality care. Practicing clinicians benefit from continuing education through eLearning solutions, online research journals, and educational resources. Medical technologies like robotics, AR technology, and big data are transforming medical education research and training with patients, incorporating a practical-based approach, problem-based learning (PBL), and evidence-based medicine (EBM) into teaching methods. Non-physicians, including nurses and allied health professionals, also benefit from these educational solutions. The learning landscape continues to evolve, with social networking and healthcare professionals collaborating to share knowledge and best practices.

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Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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