Medical Animation Market Report (2022 to 2030) - Infuse Medical, Scientific Animations, Inc., Nucleus Medical Media, Inc., AXS Studio, Inc. and Medmovie Inc.
Growth Plus Reports
Growth Plus Reports

Newark, New Castle, USA, Feb. 15, 2023 (GLOBE NEWSWIRE) -- According to the latest report published by Growth Plus Reports, the global medical animation market is expected to clock US$21.40 billion by 2030 and to grow at a CAGR of 20.20% during the forecast period. Owing to the rising use of digital education platforms and the consequent adoption of medical animation in academic and life science institutes.  This exclusive information is published by Growth Plus Reports in its report titled “Medical Animation Market – Global Outlook & Forecast 2022-2030”

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Market Drivers

Medical animation is a growing market, as there is a greater demand for visual and interactive content in the medical and healthcare industries. Because of its ability to provide a highly detailed and realistic representation of complex medical procedures and concepts, 3D animation is becoming more popular in the medical animation market. Immersive experiences for medical training and education, as well as patient communication and engagement, are being created using virtual and augmented reality technologies. Customized medical animations that can be tailored to the specific needs of a healthcare organization, medical device company, or educational institution are in high demand. Several processes in medical animation are evolving with the use of artificial intelligence and machine learning. Medical animation is increasingly being used as a tool for patient education, assisting in understanding complex medical conditions and procedures.

Rapid technological advancements, such as 3D printing, virtual and augmented reality, and artificial intelligence, have increased medical animation used in the healthcare industry. With rising healthcare spending worldwide, there is a growing demand for medical animation to aid in developing and marketing new medical devices and pharmaceutical products. The rise of medical tourism has increased the demand for medical animation to help patients and healthcare providers in different countries understand complex medical procedures. Medical animation can provide visual evidence to support the efficacy of a medical procedure or treatment, aiding in the confidence of healthcare providers and patients.

The growing use of medical animation techniques to demonstrate medical procedures or other scientific goals with much greater comprehension drives the global medical animation market forward. Medical animation technology further aids in superior patient education, resulting in increased patient enrolment in disease management or wellness programs. This demonstrates the short-term potential of medical animation. Incorporating medical animation into mobile apps by integrating real-time media-rich content with quantifiable data and adjustable tools for various medical device and pharmaceutical firm sales is also projected to generate profitable chances for the medical animation market growth. Other factors driving the medical animation market include growth in pharmaceutical businesses adopting animation for product promotion and medical education and the increasing adoption of electronic devices such as smartphones. However, the high cost of video production and related investments constrain the global medical animation industry. Additionally, another market restraint is the requirement for appropriate skills for niche animation development.