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Global Medical Education Publishing Market $5.9 Billion by 2027

The global market for medical education publishing anticipated to cross $5.9 billion by 2027, expanding at a CAGR of 5.9% over the forecast period, driven by increased dependence and adoption of online media resources for publishing.

  • Other market growth drivers include increasing prevalence of lifestyle induced illnesses and chronic diseases leading to demand for primary healthcare, and trends in online education and custom content publishing boosting the growth of general medicine and medical publishing areas.
Global Medical Education Publishing Market

The global medical education publishing market report estimates the market size ($million 2017 to 2027), market share, growth trends and forecast (CAGR% 2021 to 2027).

The global market for medical education publishing segmented by media [electronic media publishing (digital textbooks and reference books, distance learning, hospital training, mobile applications, multimedia content, online reference tools, testing and self-assessment), print media publishing (custom content, distance learning, hospital training, print textbooks and reference books, testing and self-assessment)], and geography.

  • Based on the growing demand for classroom technology, the medical education has transitioned from the print-based business model to one based on delivering the digital content and technology-enabled learning solutions.
  • The online medium has become the major method of medical journal delivery. This has eased the task of delivering journals and books physically across the globe.
    • This method also saves time, and it is convenient for the readers to carry the digital content on their mobile devices, as it directly integrates into the libraries’ main database through which multiple users can access the same digital content at the same time. Therefore, the library does not need to keep multiple copies of the books and journals.
  • The online reference tools segment dominated the market, owing to increasing digitization of all forms of communication. The entire publishing process (manuscript preparation, submission, review, revision, proofs, publishing) is now a digital one.
    • Most scientists and clinicians search online and read articles either in digital form (e.g., on computer screens, cell phones, or other mobile devices) or after printing a PDF or HTML version.
  • Publishing standards of medical journals have evolved over decades and have been heavily influenced by the experience with print-based journals, which continue to be the gold standard for many aspects of medical publishing.
    • Among the print media segments, custom content segment accounted for the largest share of total market. The dominance of this segment was attributed to cost of custom publishing, which is much higher than conventional publishing.

The global medical education publishing market research report is divided by geography (regional and country based) into North America (U.S., Canada), Latin America (Brazil, Mexico, Rest of LA), Europe (U.K., Germany, France, Italy, Spain, Rest of EU), Asia Pacific (Japan, China, India, Rest of APAC), and Rest of the World.

  • In terms of geography, the North America region registered highest share of the global medical education publishing market followed by the Europe region, while the Asia Pacific region likely to be the most attractive market in terms of opportunities and market growth during the forecast period.
    • Market growth in developed regions has been attributed to consolidation of the market, favoring publishers in Europe and North America, and availability and accessibility of most scholarly content by readers.

The global market report also provides the detailed market landscape (market drivers, restraints, opportunities), market attractiveness analysis and profiles of major competitors in the market including company overview, financial snapshot, key products, technologies and services offered, and recent developments.

Major competitors operating in the global medical education publishing market include John Wiley & Sons, Inc., Kaplan, Inc. (Graham Holdings Company), Mcgraw-Hill Education, Inc., Reed Elsevier (RELX plc), Springer, Thieme Medical Publishers, and Wolters Kluwer N.V.

  • Electronic Media
    • Digital Textbooks and Reference Books
    • Distance Learning
    • Hospital Training
    • Mobile Applications
    • Multimedia Content
    • Online Reference Tools
    • Testing and Self-Assessment
  • Print Media
    • Custom Content
    • Distance Learning
    • Hospital Training
    • Print Textbooks and Reference Books
    • Testing and Self-Assessment
  • Geography
    • North America (U.S., Canada)
    • Europe (U.K., Germany, France, Italy, Spain, Rest of EU)
    • Asia Pacific (Japan, China, India, Rest of APAC)
    • Latin America (Brazil, Mexico, Rest of LA)
    • Rest of the World
  • Company Profiles
    • John Wiley & Sons, Inc.
    • Kaplan, Inc. (Graham Holdings Company)
    • McGraw-Hill Education, Inc. (Apollo Global Management)
    • Reed Elsevier (RELX plc)
    • Springer (Springer Science+Business Media / Springer SBM One GmbH)
    • Thieme Medical Publishers
    • Wolters Kluwer N.V.

To request Table of Contents and Sample Pages of this report visit: https://www.ihealthcareanalyst.com/report/medical-education-publishing-market/

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