Top 2 Medical Simulation Software Companies Under $1M Revenue (September 2026)

Santa Fe, New Mexico, United States

At IRIS XR, we're on a mission to revolutionize healthcare training. Our innovative platform uses augmented reality (AR) to turn real-world OR experiences into interactive, accessible simulations. Here's what makes us unique: Accessible Anywhere: Our patented technology allows surgeons, medical device companies, and anyone involved in the OR to collaborate and learn on any device, regardless of location. Enhanced Competency: Surgeons gain confidence and refine skills through immersive AR simulations that mimic real-world procedures. Reduced Errors: Interactive training reduces the risk of errors in the OR by promoting better decision-making and teamwork. Faster Learning & Sales Cycles: Streamline training for medical professionals and accelerate sales cycles for medical device companies with efficient, engaging AR experiences.

Baltimore, Maryland, United States

Developer of application software designed for surgical and medical training. The company's application offers an on-the-job real-time assessment for surgeons to help university residency programs save critical faculty time and improve medical training by shortening the feedback loop and meeting the new goals of quantitative, competency-based education, enabling committees to view trainee progress relative to average ratings of their peers.