TL/DR –
The US Healthcare Education Market is projected to reach $61.44 billion by 2028, growing at a CAGR of 9.4% from $39.24 billion in 2023. This growth is driven by the ongoing deficit of healthcare workers and investments into technology-based learning tools such as virtual reality (VR) and augmented reality (AR) simulation, web-based courses, and mobile applications. Universities & Academic Centers are expected to dominate the market due to their use of advanced technologies in education and the e-learning segment is expected to register the fastest growth due to its convenience, ease of use, and cost-effectiveness.
US Healthcare Education Market Expected to Reach $61.44 Billion by 2028
Projections indicate the US Healthcare Education Market will grow from $39.24 billion in 2023 to $61.44 billion in 2028. This expansion is propelled by the urgent need for healthcare workers, specifically in niche areas like nursing, primary care, and geriatrics. To address this shortage, institutions are investing in technology-based learning tools such as VR/AR simulations, web-based courses, and mobile applications to offer flexible and accessible learning opportunities.
Universities and Academic Centres Dominate the Market
Universities & Academic Centers are leading providers in the US healthcare education market, offering accredited medical programs, residency training, and continuing education in line with regulatory standards. They utilize advanced technologies like virtual simulation, AI, and telemedicine training to support learning.
E-learning Solutions Register Fastest Growth
E-learning solutions are experiencing the fastest growth in the US healthcare education market due to convenience, ease of use, and cost-effectiveness. They allow healthcare professionals to access training and education materials at any time, proving beneficial for professionals in distant or underserved areas.
Geographical Dominance of Academic Education Segment
In terms of geography, the academic education segment accounts for the largest application share of the US healthcare education market. This dominance is due to a strong presence of medical schools, universities, and training schools offering basic and higher healthcare education. Degree programs, residency training, and certification courses ensure a steady pipeline of qualified healthcare professionals.
Key Players in the US Healthcare Education Market
The report profiles prominent players such as Stryker (US), SAP (Germany), Adobe (US), Infor (US), Oracle (US), HealthStream (US), symplr (US), Elsevier (Netherlands), Articulate (US), PeopleFluent (US), Fujifilm Corporation (Japan), GE Healthcare (US), Trivantis Corporation (US), Coursera (US), and IBM (US).
About the US Healthcare Education Market Report
The report offers an in-depth analysis of the drivers, restraints, challenges, and opportunities related to the US healthcare education market, forecasting the market till 2028. Inquire Now!
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