The global medical education market will continue to grow at a 17% growth rate

Technavio, a world-renowned market research organization, recently released a report predicting that the global medical education market will continue to grow at a compound growth rate of 17% between 2017 and 2021.

According to the report, undergraduate courses, professional title training and postgraduate courses are currently the three most important courses. Technavio pointed out that the following three points are the main factors driving the sustainable development of the global medical education market:

Increase in nursing staff;

Popular online learning tools;

The rise of emerging markets.

全球医学教育市场将以17%增长率持续发展

Nursing staff increase

The global economy is facing an aging problem. According to WTO statistics, by 2050, more than 200 million people worldwide will be over 60 years old. Countries such as Japan, Italy, Greece and Singapore currently have a large number of elderly people over the age of 65. With the advent of an aging society, the gap in nursing staff will increase dramatically.

In the international arena, the concept of nursing staff is very wide, from physical therapists to nutritionists can count into this category, often involving diagnosis and treatment, rehabilitation, direct care, medical system management, nutritional diet advice and many other aspects.

Jhansi Mary, an analyst at Technavio who is involved in K12 and higher education market research, said: "The fastest growing jobs in the nursing industry include medical assistants, cardiovascular technicians, ultrasound diagnosticians, assistant physicians and exercise therapists. The more professional nursing positions The more scarce the talent is, this has greatly contributed to the significant growth of the medical training market."

Online learning tool

The training of medical staff is gradually shifting to online mode.

At present, universities and medical institutions offer online education courses. This is because the “flip classroom” and the hybrid learning model are more conducive to improving learning. With the online platform, students' learning can be assessed in a timely manner, teaching materials can be read at any time, and there are various live and recorded classes, which students can use flexibly.

Jhansi said: "Online educational tools have begun to spread in many developing countries, such as China and Kenya, where students have access to more high-level teachers."

The rise of emerging markets

The health care industry in China, India, Japan and other countries has begun to rise. These countries have become an emerging market that cannot be ignored, and their medical education industry has also emerged.

Many NGOs, international agencies and private companies have begun offering training courses for students and health care workers. For example, the non-profit organization HAIVN, as a subsidiary of Harvard Medical School, has set up an online video platform where Vietnamese HIV experts can conduct regular training sessions with community medical staff online.

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