Published: May 13, 2021
Rising investment in healthcare infrastructure and growing popularity of online education are bolstering the growth of medical education market
Fact.MR, New York: The
global medical education market is expected to register moderate growth of 4.2% CAGR to reach a value of US$ 44 Bn through 2021 and beyond. According to a study by Fact MR., technological advancement in healthcare infrastructure and strategic tie-ups with education industry are propelling the growth of medical education market. With the emergence of digital media and online education, healthcare practitioners are developing novel ways to impart education through distance and online mode of training.
According to Fact.MR analysis, adoption of online courses due to the practice of social distancing across the globe is expected to grow at a CAGR of 5.5% throughout the forecast period. Surge in online training and educational institutes are imparting education through online platforms and distance education is expected to bolster the growth of medical education market. Fact.MR estimates, on-campus training is expected to account for more than half of medical education market.