Healthcare Global Medical Animation Market | Page 2

REPORT DESCRIPTION Global Medical Animation Market – Overview Medical animation serve as a tool to visually represent the complex scientific concepts such as pharmaceutical mechanism of action, specific details of microcellular biology or to easily explain various surgical procedures with a significantly higher comprehension than surgical video production alone. The various computer techniques of animation and morphing provide promising horizons for medical animation technology. The companies are adopting competitive strategies such as new product development, merger & acquisitions and technology upgradation to sustain in the medical animation competitive market. For instance, In July 2017, Random42 was acquired by Graphite Capital, a mid-market private equity firm. Random42, which provides high-quality medical animation and digital media services to the healthcare and pharmaceutical industry was planning to expand geographically in Europe while continuing to grow its North American sales. Investment from graphite capital could help it to meet its objective.