The global healthcare education market is projected to reach USD 280.6 billion by 2032
From GlobeNewswire: 2025-01-10 08:00:00
The global healthcare education market was valued at USD 110 billion in 2023 and is projected to reach USD 280.6 billion by 2032 with a CAGR of 11.0%. Technological advancements, increasing chronic diseases, and workforce shortages are driving market growth. Governments worldwide are investing billions in healthcare education programs to improve patient care.
The COVID-19 pandemic has accelerated the digital transformation of healthcare education, with virtual and hybrid learning models becoming more prevalent. Digital platforms are crucial for ensuring training continuity during disruptions. Continuous digitalization is expected to further boost market growth as healthcare education delivery evolves.
Major players in the healthcare education market include Laerdal Medical, Virti, Coursera Inc., Elsevier, GE Healthcare, and more. These companies offer a range of training platforms, simulation tools, and educational resources to support healthcare professionals’ learning needs. The market scope includes key growth drivers, market segmentation analysis, and regional insights to provide a comprehensive overview of the industry.
By provider, universities and academic centers are the largest segment in the healthcare education market, offering comprehensive medical programs and continuing medical education. The students segment commands a significant market share, driven by the increasing demand for healthcare professionals globally. Niche areas like geriatrics and telemedicine are attracting more students seeking specialized education opportunities.
North America leads the global healthcare education market, accounting for 36% of revenue share in 2023. The region benefits from robust healthcare systems, well-developed educational structures, and significant investments from the public and private sectors. The market segmentation includes provider types, delivery modes, applications, and end-users to cater to diverse educational needs in the healthcare industry. The government is allocating funds to the HRSA to increase healthcare professionals, especially in rural areas. North America dominates healthcare education, with institutions like Harvard and Johns Hopkins leading the way. The Asia-Pacific region is seeing rapid growth in healthcare education due to infrastructure changes and technology advancements, especially in countries like China and India.
Recent developments include Wolters Kluwer partnering with Kortext to launch a medical education eBook library in India, and Northwestern University offering a new Health Professions Education Master of Arts degree. The healthcare education market analysis & outlook report for 2024-2032 covers key points such as market dynamics, statistical insights, and regional analysis, providing valuable information for decision-making. SNS Insider is a leading market research agency providing accurate data and insights for clients worldwide.
Read more at GlobeNewswire: Healthcare Education Market Size to Reach USD 280.6 Billion