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Report Overview
The global medical education market was valued at USD 43.89 Billion in 2023. The market is further projcted to grow at a CAGR of 5.50% between 2024 and 2032.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
- In India, the number of medical colleges rose from 387 in 2014 to 704 in 2023, valued at an 82% increase.
- In 2022, there were an estimated 2,370 cardiologists employed in the United States.
- New York had the highest number of cardiologists in 2022.
Medical Education Market Competitive Landscape
The market landscape is continuously evolving with market players focused on providing digital medical education and comprehensive research and training facilities.
| Company Name | Year Founded | Headquarters | Products/Services |
| Harvard Medical School | 1782 | Massachusetts, United States | Medical education, research, and clinical care |
| Koninklijke Philips N.V. | 1891 | Amsterdam, Netherlands | Health technology, consumer electronics, lighting, and personal care |
| Siemens Healthcare GmBH | 1847 | Erlangen, Germany | Medical imaging, laboratory diagnostics, therapy systems, and digital health solutions |
| Zimmer Biomet Holdings, Inc. | 1927 | Indiana, United States | Musculoskeletal products, such as joint replacements, dental implants, trauma devices, and spine products |
Other medical education companies in the market report include University of Oxford, University of Cambridge, Stanford University, Gundersen Health System, and Olympus Corporation, among others.
Medical Education Market Report Snapshots
Medical Education Market Trends
Medical Education Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the medical education market reached an approximate value of USD 43.89 Billion.
The market is expected to grow at a CAGR of 5.50% between 2024 and 2032.
Medical education refers to the course of study for individuals seeking to become physicians. Medical education is essential for physicians to maintain and upgrade their knowledge and skills, improve patient care, reduce medical errors, and ensure better health outcomes.
The market is expected to grow due to several factors, including the growing need for online learning, increasing digitalisation, the spread of advanced technology and artificial intelligence (AI), and the rise in the number of medical schools.
The introduction of novel teaching techniques, such as evidence-based medicine (EBM), problem-based learning (PBL), practical-based approaches, and patient engagement and training to advance medical knowledge, is one of the key trends supporting market expansion.
The major regions in the market are North America, Latin America, Europe, Middle East and Africa, and Asia Pacific.
Classroom-based course, distance, and online, among others are the different delivery modes in the market.
Cardiothoracic, neurology, orthopaedic, oral, and maxillofacial, paediatric, radiology, and laboratory, among others are the leading training categories in the market.
Medical education finds extensive end-uses in school of medicine, government/military organisations, hospital, insurance and company, non-profit organisation, and publishing or education company, among others.
Key players in the market are Harvard Medical School, University of Oxford, University of Cambridge, Stanford Medicine, Gundersen Health System, Koninklijke Philips N.V., Siemens Healthcare Private Limited, Zimmer Pvt. Ltd., and Olympus America, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124