Press Release / Industry / Rising Adoption of Medical Animation Services By Pharmaceutical and Life Sciences Companies is Driving the Growth of the Market

Rising Adoption of Medical Animation Services By Pharmaceutical and Life Sciences Companies is Driving the Growth of the Market

The report "Medical Animation Market by Type (3D, 2D, 4D), by Therapeutic Area (Oncology, Cosmeceutical/Plastic Surgery), by Application (Drug MoA, Patient Education), by End User (Medical Device Manufacturers, Hospitals/ Clinics) - Forecast to 2021", This report studies the global medical animation market for the forecast period of 2016 to 2021.
This market is expected to reach USD 301.3 Million by 2021 from USD 117.3 Million in 2016, at a CAGR of 20.8%.
Browse 86 tables and 37 figures spread through 160 pages and in-depth TOC on " Medical Animation Market”
http://www.marketsandmarkets.com/Market-Reports/medical-animation-market-223188473.html

Industry Insights:
In this report, the medical animation market has been segmented on the basis of type, application, therapeutic area, and end user. On the basis of type, the medical animation market is categorized into 3D animation, 2D animation, 4D animation, and flash animation. The 3D animation segment is expected to account for the largest share of the medical animation market in 2016. 3D animation provides viewers a greater sense of perspective by viewing the objects at multiple angles.
The end users listed in this report are life science companies; medical device manufacturers; hospitals, surgical centers, and clinics; academic institutes; and other end users (medico-legal firms, forensic departments, government bodies, and insurance companies).
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Geographical Scenario:

North America is expected to account for the largest share of the medical animation market. Factors such as presence of major pharmaceutical companies, increased healthcare spending, presence of top market players, increasing number of surgeries in the U.S., and growing medical devices industry in Canada are contributing to the large share of the North American region. However, the Asia-Pacific region is expected to grow at the highest CAGR during the forecast period. The high growth of this region can be attributed to the growing pharmaceutical industry, growing number of medical institutes in India, lucrative medical devices industry in China, entry of local players and low cost of medical animation in India.

This research report categorizes the Medical Animation market into the following segments:

• Medical Animation Market, by Type
• Medical Animation Market, by Application
• Medical Animation Market, by Therapeutic Area
• Medical Animation Market, by Therapeutic Area and by Region

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Industry Leaders:

Major players in the medical animation market include Infuse Medical (U.S.), Hybrid Medical Animation, Inc. (U.S.), Ghost Productions, Inc. (U.S.), Scientific Animations, Inc. (U.S.), INVIVO Communications, Inc. (Canada), Random42 Scientific Communication (U.K.), Radius Digital Science (U.S.), Nucleus Medical Media, Inc. (U.S.), AXS Studio, Inc. (Canada), Visible Body (U.S.), Elara Systems, Inc. (U.S.), Animated Biomedical Productions (Australia), XVIVO Scientific Animation (U.S.), Blausen Medical Communications, Inc. (U.S.), Trinsic Medical Animation, LLC. (U.S.), Viscira (U.S.), Understand.com (U.S.), and Medmovie, Inc. (U.S.).


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