Medical animation serve as a tool to visually represent the complex scientific concepts such as pharmaceutical mechanism of action, specific details of microcellular biology or to easily explain various surgical procedures with a significantly higher comprehension than surgical video production alone. The various computer techniques of animation and morphing provide promising horizons for medical animation technology.
The companies are adopting competitive strategies such as new product development, merger & acquisitions and technology upgradation to sustain in the medical animation competitive market. For instance, In July 2017, Random42 was acquired by Graphite Capital, a mid-market private equity firm. Random42, which provides high-quality medical animation and digital media services to the healthcare and pharmaceutical industry was planning to expand geographically in Europe while continuing to grow its North American sales.
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Key features of the study:
This report provides in-depth analysis of medical animation market and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017–2025), considering 2016 as the base year
-It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, regulatory scenario, regional outlook, and competitive strategy adopted by the leading players
-It profiles leading players in the global medical animation market based on the following parameters – company overview, financial performance, geographical presence, key developments and strategies, and future plans
Increasing adoption of medical animation techniques by healthcare professionals for demonstrating medical procedures or other scientific purposes with a significantly higher comprehension is expected to propel growth of the medical animation market. Since this technology aids in educating patients, an increasing patient enrolment in disease management or wellness programs is witnessed.
This showcases the potential for this technology in near future. Fusion of this medical animation into the mobile apps by combining real time media rich content with measurable data and configurable tools for various medical device and pharmaceutical company sales is also expected to create a lucrative opportunities for the growth of the medical animation market.
The key players operating in the global market of medical animation include Infuse Medical, Hybrid Medical Animation, Inc., Ghost Productions, Inc., Scientific Animations, Inc., INVIVO Communications, Inc., Random42 Scientific Communication, Radius Digital Science, Nucleus Medical Media, Inc., AXS Studio, Inc., Trinsic Animation, and Medmovie Inc. Click To Read More On Global Medical Animation Market