Medical Animation Market

Medical Animation Market

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raksha

Author :

Raksha Sharma

Vineet

Fact-checked by :

Vineet Pandey

Vishal

Editor :

Vishal Golekar

The global medical animation market size was valued at around USD 304 million in 2021 and is anticipated to expand at a CAGR of 20.9% during the forecast period, 2022–2030. The growth of the market is attributed to rising adoption of medical animation by pharmaceutical and life science companies. 

Medical animation is a video or clip created on physiological or surgical topics, biomedical technology, pharmaceutical drug, and on anatomical process with the help of 3D computer graphics. Medical animation provides educational videos, demonstrations, simulation of surgeries, and evaluation of treatment among others. Medical animation aids in the communication of healthcare-related information to the targeted audience
by providing a visual representation of complex biological procedures.

Medical Animation Market_Outlook

The adoption of scientific analysis with animation capabilities helped to develop a link between art and science, and resulted in a new generation of designers for scientific and medical illustrations. Medical animation is used in therapy and traditional classroom learning. Medical animation has various applications among medical professionals and patients.

The COVID-19 pandemic negatively affected industries and economies in several countries, due to travel bans, business shutdowns, and lockdowns. Manufacturing, delivery schedules, and sales of products slowed down, due the outbreak of coronavirus. The Laboratories are sharing genome and protein architectures in open-access databases to combat against the pandemic.

According to the WHO, viruses are evolving at a fast pace and causing new diseases and infections to living beings. Emergence of diseases gave rise to research and development of drugs and vaccines.
The global medical animation market is gradually growing, as it aids in creating videos and clips to explain the mechanism of action of new drugs and to spread awareness of vaccines to people.  

Medical Animation Market Trends, Drivers, Restraints, and Opportunities

  • Increasing number of pharmaceutical companies used animation for product promotion and medical education, which is expected to drive the market.
  • Rising penetration of electronic devices is anticipated to propel the market during the forecast period.
  • High cost required for generating medical animation videos is projected to hamper the market growth.
  • Lack of skilled workers is anticipated to hinder the market growth during the forecast period.
  • Introduction of technologies such as computer graphics and 3D animation is expected to create lucrative opportunities for the market players.

Scope of the Medical Animation Market Report

The report on the global medical animation market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Medical Animation Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2021

Historic Data

2019–2020

Forecast Period

2022–2030

Segmentation

Types (2D, 3D, and 4D), Applications (Drug MoA and Patient Education), Therapeutic Areas (Cosmeceutical/Plastic Surgery and Oncology), and End-users (Hospitals and Medical Device Manufacturers)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Ghost Production, Inc.; Scientific Animation, Inc.; INVIVO Communications, Inc.; Radius Digital Science; Nucleus Medical Media, Inc.; Infuse Medical; Hybrid Medical Animation, Inc.; and Ghost Productions, Inc.

Medical Animation Market Segment Insights

3D segment to expand at a considerable CAGR

On the basis of types, the medical animation market is segmented into 2D, 3D, and 4D. The 3D segment is projected to expand at a considerable CAGR during the forecast period, as it provides viewers a sense of perspective and enables clear understanding of key concepts in forensics. The 4D segment is anticipated to account for a major market share during the forecast period, owing to increasing demand for technological advancements and innovations.   

Medical Animation Market_By Applications

Patient education segment to hold a significant share of the market

Based on applications, the medical animation market is bifurcated into drug MoA and patient education. The patient education segment is expected to hold a significant share of the market in the coming years, due to increasing patient enrolment in disease management or wellness programs. The drug MoA segment accounts for a significant market share, as it helps achieve deep understanding of molecular targets and identify proteins and activated pathways of human body mechanism.

Oncology segment to register significant market share

In terms of therapeutic areas, the medical animation market is segregated into cosmeceutical/plastic surgery and oncology. The oncology segment is anticipated to register significant market share in the coming years. Medical animation introduces people to the highly targeted antibody-drug conjugate and explains mechanism of action in solid tumors with the help of graphics and animation. The videos are created to educate oncologists about the complex immunomodulatory effects of a designed drug. The cosmeceutical/plastic surgery segment is anticipated to constitute a key market share during the forecast period, due to the rising geriatric population and growing number of surgeries globally.

Medical device manufacturers segment to expand at a considerable CAGR

On the basis of end-users, the market is divided into hospitals and medical device manufacturers. The medical device manufacturers segment is anticipated to expand at a considerable CAGR during the forecast period, owing to advanced microprocessor design and rapidly evolved computer memory of medical devices. The hospitals segment is projected to register significant market share in the coming years, due to low healthcare literacy among some developing nations.

Asia Pacific is anticipated to constitute a key market share

In terms of regions, the medical animation market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is expected to constitute a key share of the market during the forecast period, owing to increasing skills of company sales representatives, customer engagement activities, and rising adoption of medical animation for patient education in the region. The market in North America is anticipated to expand at a rapid pace during the forecast period, due to growing number of surgeries in the region that require medical animation for illustration purposes.

Medical Animation Market_By Regions

Segments

The global medical animation market has been segmented on the basis of

Types

  • 2D
  • 3D
  • 4D
Applications
 
  • Drug MoA
  • Patient Education
Therapeutic Areas
 
  • Cosmeceutical/Plastic Surgery
  • Oncology
End-users
 
  • Hospitals
  • Medical Device Manufacturers
Regions
 
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
 

Competitive Landscape

Key players competing in the global medical animation market are Ghost Production, Inc.; Scientific Animation, Inc.; INVIVO Communications, Inc.; Radius Digital Science; Nucleus Medical Media, Inc.; Infuse Medical; Hybrid Medical Animation, Inc.; and Ghost Productions, Inc.  

Several companies are adopting medical animation for gaining competitive advantage and prominent players in the market are planning to launch advanced technology. For instance, ZWSOFT, a China-based company, launched 3D product design software for use in medical animation, which aids in designing development projects in April 2014.

Medical Animation Market_By Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Medical Animation Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Medical Animation Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Medical Animation Market - Supply Chain
  4.5. Global Medical Animation Market Forecast
     4.5.1. Medical Animation Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Medical Animation Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Medical Animation Market Absolute $ Opportunity
5. Global Medical Animation Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Medical Animation Market Size and Volume Forecast by Applications
     5.3.1. Applications Drug MoA Patient Education
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Medical Animation Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Medical Animation Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Medical Animation Demand Share Forecast, 2019-2026
7. North America Medical Animation Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Medical Animation Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Medical Animation Market Size and Volume Forecast by Applications
     7.4.1. Applications Drug MoA Patient Education
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Medical Animation Demand Share Forecast, 2019-2026
8. Latin America Medical Animation Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Medical Animation Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Medical Animation Market Size and Volume Forecast by Applications
     8.4.1. Applications Drug MoA Patient Education
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Medical Animation Demand Share Forecast, 2019-2026
9. Europe Medical Animation Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Medical Animation Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Medical Animation Market Size and Volume Forecast by Applications
     9.4.1. Applications Drug MoA Patient Education
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Medical Animation Demand Share Forecast, 2019-2026
10. Asia Pacific Medical Animation Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Medical Animation Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Medical Animation Market Size and Volume Forecast by Applications
     10.4.1. Applications Drug MoA Patient Education
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Medical Animation Demand Share Forecast, 2019-2026
11. Middle East & Africa Medical Animation Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Medical Animation Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Medical Animation Market Size and Volume Forecast by Applications
     11.4.1. Applications Drug MoA Patient Education
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Medical Animation Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Medical Animation Market: Market Share Analysis
  12.2. Medical Animation Distributors and Customers
  12.3. Medical Animation Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)

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FAQ Section

Some frequently asked questions about this report!

Key players competing in the global medical animation market are Ghost Production, Inc.; Scientific Animation, Inc.; INVIVO Communications, Inc.; Radius Digital Science; Nucleus Medical Media, Inc.; Infuse Medical; Hybrid Medical Animation, Inc.; and Ghost Productions, Inc.

Asia Pacific region accounted for a large market share during the forecast period.

The global medical animation market is anticipated to expand at a CAGR of 20.9% during the forecast period, 2022–2030.

Increasing number of pharmaceutical companies used animation for product promotion and medical education, which is expected to drive the market.

The global medical animation market size was valued at around USD 304 million in 2021 during the forecast period, 2022–2030.