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The healthcare education market is forecasted to achieve notable growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 10%, as per The Business Research Company’s market report!

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The Healthcare Education Market Size In 2022 And Forecast
The global healthcare education market is expected to grow from $77.74 billion in 2021 to $88.42 billion in 2022 at a compound annual growth rate (CAGR) of 13.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The healthcare education market is expected to grow to $132.31 billion in 2026 at a CAGR of 10.6%.

The healthcare education market consists of sales of healthcare education services by entities (organizations, sole traders, and partnerships) that are used to educate people about their physical, mental, and social health.

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Rapid Growth In Online Education Is Driving The Growth Of The Healthcare Education Market
For instance, according to World Economic Forum (WEF), a Switzerland-based non-governmental and lobbying organization, 71 million students and other learners were registered for Coursera’s online courses in 2020, which increased to 92 million in 2021. There was an increase of 21 million registrations in one year. Therefore, rapid growth in online education is driving the growth of the health care education market.

Competitive Landscape And The Regional Analysis Of The Healthcare Education Market
Major players in the healthcare education market are SAP SE, Adobe Inc, Oracle Corporation, HealthcareSource, HealthStream Inc, Koninklijke Philips NV, GE Healthcare, Cerner Corporation, Siemens Healthineers AG, Richmond Academy of Medicine Inc, Gundersen Health System, Apollo Hospitals Enterprise Ltd, Olympus Corporation, PeopleFluent.

Additionally, as per TBRC’s research – North America was the largest region in the healthcare education market in 2021 holding the largest market share.

The Healthcare Education Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the healthcare education market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the healthcare education market.

Technological Advancement – A Key Trend In The Healthcare Education Market
Major market players are concentrating their efforts on creating innovative technologies such as the use of virtual reality to deliver quality education in the field of healthcare.

Healthcare Education Market Segmentation By The Business Research Company

1) By Provider: Universities and Academic Centers, Continuing Medical Education Providers, OEMs or Pharmaceutical Companies, Learning Management Systems providers, Educational Platforms, Medical Simulation

2) By Delivery Mode: Classroom Based Courses, E-Learning Solutions

3) By Application: Academic Education, Cardiology, Neurology, Radiology, Internal Medicine, Pediatrics, Other applications

4) By End-User: Students, Physicians, Non-Physicians.

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