Continuing Medical Education Market Overview
Continuing Medical Education Market was valued at US$ 9.8 Billion in 2024 and is projected to grow at a CAGR of 6.10% to reach US$ 17.8 Billion by 2034.
Continuing Medical Education (CME) has become an important part of the healthcare industries where there is a need to keep themselves up-to-date regarding changes in treatment options based on their area of expertise.
Growing healthcare industries has positively impacted target market growth. Growing population and rising prevalence of diseases has given rise in need for updated medical knowledge which in turn, has fueled the market growth. Advancement in technology and expansion of medical specializations is further, expected to fruitful the demand for Continuing Medical Education Market growth.
Continuing Medical Education Market Dynamics
Growing Prevalence of Chronic Diseases to Fuel Market Growth
The growing prevalence of chronic diseases such as diabetes, cancer and heart disease has become a leading factor in the Continuing Medical Education Market growth. CME has become the lifeblood of healthcare & medical professionals in (CPD) continuing professional development journey which help in strengthening and updating their knowledge, inspiring confidence, hones their skills and thus benefit patient’s and public health. Rapidly growing population and prevalence of chronic diseases has given rise in need for healthcare professionals which in turn, powered the demand for Continuing Medical Education Market growth.
According to CDC (Centers for Disease Control and Prevention), around 6 in 10 adults in the United States have chronic diseases, and 4 in 10 adults have two or more chronic conditions. Further, around $4.1 trillion of the nation's cost is spent on Annual Health Care for chronic diseases, which have become a leading cause of death and disability.
Furthermore, according to the CDC (Centers for Disease Control and Prevention), in the United States, around 697,000 people died from heart disease, and approximately 20.1 million adults aged 20 and older are suffering from coronary artery disease (CAD), which in turn supports the growth of Continuing Medical Education Market growth.
Technological Advancement in Medical Education to Fuel Market Growth
The advancement in technology and adoption of digital technology in medical education has become a leading factor in market growth. Improved and advanced medical hospitals, medical institutes provide quality medical education which has driven market growth. Digital technology has fostered the remote education and collaborative learning in medical programs. Video conferencing tools, online discussion forums and virtual classrooms has enabled students to share knowledge, collaborate with colleague with engage in group projects has facilitated the demand for Continuing Medical Education market growth.
Restrains of the Continuing Medical Education Market:
However, additional cost and extra efforts for pursuing continuing medical education with professional work has become burden for doctors which restrain the market growth. Further, high cost for CME programs and lack of incentives have hampered the demand for Continuing Medical Education market growth.
Continuing Medical Education Market Segmentation
Continuing Medical Education Market is segmented based on Service Provider, Delivery Mode, Distribution, End-Users and Region.
Service Provider Insight
On the basis of Service Provider, Continuing Medical Education Market is segmented into Educational Platforms, Universities & Academic Centers, Medical Simulation, and Others.
Delivery Mode Insights
On the basis of Delivery Mode, Continuing Medical Education Market is segmented into Online, Classroom-based Courses.
Distribution Insights
On the basis of Distribution, Continuing Medical Education Market is segmented into Cardiology, Radiology, Academic Education, and Others.
End-Users Insights
On the basis of End-Users, Continuing Medical Education Market is segmented into Physicians, Students, and Others.
Regional Insights:
On region the Continuing Medical Education Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period. Moreover, rising prevalence of chronic diseases, high disposable income, growing number of professional doctors, advanced medical education system, is anticipated to increase demand for Continuing Medical Education in the region.
Report Scope:
|
Attribute |
Details |
|
Base year for estimation |
2023 |
|
Forecast period |
2024 – 2034 |
|
Market representation |
Revenue in USD Billion & CAGR from 2024 to 2034 |
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Market Segmentation |
By Service Provider - Educational Platforms, Universities & Academic Centers, Medical Simulation, and Others By Delivery Mode - Online, Classroom-based Courses By Distribution - Cardiology, Radiology, Academic Education, and Others By End-Users - Physicians, Students, and Others |
|
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
|
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Continuing Medical Education Market report based on Service Provider, Delivery Mode, Distribution, End-Users and Region.
Continuing Medical Education Market, By Service Provider:
- Educational Platforms
- Universities & Academic Centers
- Medical Simulation
- OEMs/Pharmaceutical Companies
- Continuing Medical Education Providers
Continuing Medical Education Market, By Delivery Mode:
- Online
- Classroom-based Courses
Continuing Medical Education Market, By Distribution:
- Cardiology
- Radiology
- Academic Education
- Pediatrics
- Neurology
- Others
Continuing Medical Education Market, By End-Users:
- Physicians
- Students
- Others
Continuing Medical Education Market, By Region:
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
Continuing Medical Education Market Key Players
The key players operating the Continuing Medical Education Market includes, GE Healthcare, IBM, Cerner, Adobe, Infor, Oracle, Siemens Healthineers, Elsevier, Articulate, Coursea and others.
Continuing Medical Education Market Key Issues Addressed
- In January 2023, DW Healthcare Partners invested in medical education platform known as ‘Med Learning Group’ (MLG). MLG holds an accreditation with ACCME (Accreditation Council for Continuing Medical Education) and focuses on implementing, developing and measuring online & in-person continuing medical education to improve ability of healthcare practitioners for providing optimal care to patients.
- In January 2023, HealthStream a provider of workforce & solutions for healthcare industry acquired Electronic Education Documentation System, LLC. This acquisition will enable HealthStream to strengthen and expand its business with innovative and SaaS-based continuing education management system for healthcare sector.
- In September 2022, Docquity medical education platform at Singapore raised around $44 million for knowledge sharing and medical education platform for doctors. The new developed platform includes library with educational resources, educational webinars explaining treatment methods, provides access to medical guidelines and also summarize the research in medical journals.
Continuing Medical Education Market Company Profile
- GE Healthcare*
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- IBM
- Cerner
- Adobe
- Infor
- Oracle
- Siemens Healthineers
- Elsevier
- Articulate
- Coursea
“*” marked represents similar segmentation in other categories in the respective section.
Continuing Medical Education Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Preview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Service Provider
- Market Snippet, By Delivery Mode
- Market Snippet, By Distribution
- Market Snippet, By End-Users
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restrains
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Market Segmentation, By Service Provider
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Segment Trends
- Educational Platforms
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Universities & Academic Centers
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Medical Simulation
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Overview
- Market Segmentation, By Delivery Mode, 2022 – 2032, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Segment Trends
- Cloud-Based
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- On-Premises
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Overview
- Market Segmentation, By Distribution, 2022 – 2032, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Segment Trends
- Cardiology
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Radiology
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Academic Education
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Overview
- Market Segmentation, By End-Users, 2022 – 2032, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Segment Trends
- Physicians
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Students
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Overview
- Global Market, By Region, 2022 – 2032, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Service Provider, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Delivery Mode, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Distribution, 2022 – 2032
- Market Size and Forecast (US$ Bn), By End-Users, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Service Provider, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Delivery Mode, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Distribution, 2022 – 2032
- Market Size and Forecast (US$ Bn), By End-Users, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Service Provider, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Delivery Mode, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Distribution, 2022 – 2032
- Market Size and Forecast (US$ Bn), By End-Users, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Overview
-
- Latin America
- Market Size and Forecast (US$ Bn), By Service Provider, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Delivery Mode, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Distribution, 2022 – 2032
- Market Size and Forecast (US$ Bn), By End-Users, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- Market Size and Forecast (US$ Bn), By End-Users, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Distribution, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Delivery Mode, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Service Provider, 2022 – 2032
- GCC
- Israel
- South Africa
- Rest of Middle East
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- GE Healthcare
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- IBM
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Cerner
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Adobe
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Infor
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Oracle
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Siemens Healthineers
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Elsevier
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Articulate
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Coursea
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
The Last Word
- Future Impact
- About Us
- Contact
FAQs
The Continuing Medical Education Market is segmented into Service Provider, Delivery Mode, Distribution, End-Users and Region.
Continuing Medical Education Market is driven by factors like growing prevalence of chronic diseases and technological advancement in medical education.
By region, the Continuing Medical Education market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period.
The key players operating the Continuing Medical Education Market includes, GE Healthcare, IBM, Cerner, Adobe, Infor, Oracle, Siemens Healthineers, Elsevier, Articulate, Coursea and others.
Continuing Medical Education Market was valued at US$ 9.8 Billion in 2024 and is projected to grow at a CAGR of 6.10% to reach US$ 17.8 Billion by 2034.