Continuing Medical Education Market By Revenue To Reach USD 11.57 Billion By 2026

CHICAGO, December 8, 2021 / PRNewswire / – In-depth analysis and data-driven insights into the impact of COVID-19 included in this report on the Continuing Medical Education Market.

The continuing medical education market is expected to grow at a CAGR of over 6.7% during the period 2020-2026.

Key Ideas:

  • Innovative methods of continuing medical education (CME) platforms are introduced to the market. There are cloud-based CME providers, simulation-based case discussions and live patients, and other unique ways are followed to attract participants.
  • COVID-19 has positively impacted the market for CME programs, thereby increasing the demand for CME programs, especially on online platforms.
  • Afya is one of the leading medical education groups in Brazil. The company offers one-on-one, technology-based offerings that can provide physicians with a more effective, personalized and sustainable learning experience.
  • Growing adoption of digital learning and online platforms is driving the growth of medical education market in North America.
  • The trend towards simulation is accepted by most of the major CME vendors around the world. For example, the American Society of Anesthesiologists and CAE Healthcare have launched next-generation virtual simulation training with anesthesia.

Key offers:

  • Market Size and Forecast by Revenue | 2020-2026
  • Market dynamics – Key trends, growth drivers, constraints and investment opportunities
  • Market Segmentation – A detailed analysis by delivery method, suppliers, specialty and geography
  • Competitive Landscape – 54 Leading Suppliers Featured in Report

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Continuing Medical Education Market – Trends and Opportunities

Adoption of modern technologies such as mobile phones and apps is higher among younger workers than among older physicians participating in the CME program. Smartphone apps provide interactive learning and constant connection using question-and-answer sections. Interactive methods have been proposed as a tool for use in CME by many CME vendors. The vendors maintain their CME libraries which are published digitally using online and mobile platforms thereby accelerating the growth of the CME market. Many large CME training providers are offering newer, shorter courses that are more interactive, engaging, and entertaining for physicians as well. Additionally, governments are working on various guidelines to provide safer CME classes without the influence of pharmaceutical and medical device companies in the market. Suppliers are supposed to create innovation to stay abreast of the competition in the CME market. Considering the opportunities in the Japanese market, many players are focusing on strengthening their presence in the country. For example, in February 2021, the Japanese company Olympus Corporation has launched a new comprehensive educational platform, namely, Olympus Continuum, to empower healthcare professionals at every stage of their career with innovative and premium education and specialized training experiences.

Continuing Medical Education Market by delivery method

  • Classroom training
  • online learning
  • Regularly scheduled series
  • Newspapers
  • Other

Continuing Medical Education Market by suppliers

  • NPOS
  • Publishing / education company
  • Medicine School
  • Hospital / healthcare delivery system
  • Others

Continuing Medical Education Market by specialty

  • Oncology
  • Cardiology
  • Infectious disease
  • Orthopedic
  • Gastroenterology
  • Pediatric
  • First aid
  • Others

Continuing Medical Education Market by geography

  • North America
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
  • APAC
    • China
    • Japan
    • India
    • Australia
    • South Korea
  • Latin America
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • United Arab Emirates
    • Turkey

Key Drivers and Trends Fueling Market Growth:

  • Adoption of digital learning
  • Growth in student enrollment in medical schools
  • Next Generation Simulation Technology for CME
  • Increased demand for shorter CME programs

Continuing Medical Education Market – Geography

North America dominated the global market and is expected to dominate the market during the forecast period. In 2020, the United States accounted for 92.45% of the North American CME market. Medicare is one of the largest insurance providers in the United States. This has given rise to the demand for CME programs, which have helped physicians continuously update their skills and provide better treatments in the North American region. In the United States, ACCME accrediting bodies offer CME credits to physicians. These have increased the demand for CME programs among physicians nationwide. The COVID-19 outbreak has made face-to-face events largely non-existent, increasing the need for more digital and mobile options for CME across North America.

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Leading suppliers

  • Acadoodle
  • Afya
  • Albert Einstein College of Medicine
  • Antidote Education Society
  • AMA EdHub
  • AO North America
  • AcademicCME
  • AffinityCE
  • Amedco
  • American medical seminars
  • Aspire
  • COPIC Insurance Company
  • CME outfitters
  • curi
  • Current notices
  • Carlat FMC Institute
  • CMEPlanet
  • Cine-Med
  • CME procedures
  • Clinical care options
  • Continuing education company
  • EB Medicine
  • Essential CMF
  • Leading Collaborative
  • Greeley Company
  • Global Education Group
  • HonorHealth
  • Indiana University School of Medicine
  • Intelligence
  • King Fahad Medical City
  • Kenes Group
  • MedExpert Group of Companies
  • Medical learning group
  • Medici
  • Med-IQ
  • MED speaks
  • MedScape
  • NORCAL Mutual Insurance Company
  • Opus Medici
  • PESI Health
  • From research to practice
  • Rockpointe Company
  • Relias
  • Stanford Medicine
  • Salus Global
  • Sidra’s Medicine
  • Siyemi apprenticeship
  • Tower health
  • Up to date
  • University of North Dakota
  • University of California, Irvine
  • World-class CME

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