Medical Education Market: Introduction
According to the report, the global medical education market was valued at ~US$ 32 Bn in 2019 and is
projected to expand at a CAGR of ~5% from 2020 to 2030. Medical education is a highly practical field that
calls for intense on-job training. The market for distance training is quite small; those attempting to gain
certification through distance learning are unlikely to gain complete knowledge. There exists no substitute
for on-job practical training for medicine. This is a globally accepted view. The market for distance training
is quite small; it is not expected to expand significantly. In terms of type of training, the global medical
education market has been classified into cardiothoracic training, neurology training, orthopedic training,
oral & maxillofacial training, pediatric training, radiology training, laboratory training, and others.
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Based on mode of training, the global market has been categorized into on-campus, distance, and online.
The on-campus segment accounted for major share of the global medical education market in 2019. The
segment is anticipated to expand at a high CAGR during the forecast period, owing to a rise in the demand
for medical education across the world. In terms of education providers, the global medical education
market has been divided into school of medicine, government/military organization, hospitals, insurance
& co., non-profit organization, publishing or education company, molecular genetic methods, and others.
Based on application, the global medical education market has been split into cardiovascular diseases,
diabetes, cancer, hypertension, infections, bronchitis, dehydration, sleep disorder, weight management
& fitness monitoring, and others. The cardiovascular diseases segment held significant share of the global
medical education market in 2019. In terms of delivery method, the global medical education