Global Healthcare Digital Twins Market Size & Outlook
Global healthcare digital twins market, 2018-2030 (US$M)
Related Markets
Healthcare Digital Twins Market Insights
- The healthcare digital twins market worldwide generated a revenue of USD 572.4 million in 2022.
- The market is expected to grow at a CAGR (2022 - 2030) of 25.6% to attain a revenue of USD 3,547.6 million by 2030.
- In terms of segment, process & system digital twin accounted for a revenue of USD 376.3 million in 2022.
- In 2022, the North America accounted for the largest revenue share of healthcare digital twins market.
Market Dynamics
For instance, according to an article by AI Multiple, dated May 2022, 66% of the healthcare professionals expect increasing investments in digital twins, the adoption of which helps to improve the performance of healthcare organizations, facilitate personalization of medicine, provide customizations, and enable the development of new devices and medications.
The technology has a tremendous opportunity for the development of personalized medicine based on the genetic makeup, behavior, and anatomy of an individual. For instance, Swedish researchers have been mapping mice RNA into various digital twin models with the aim to personalize the diagnosis and treatment of arthritis in humans.
Digital twins have been highly adopted by healthcare facilities after the pandemic in order to optimize workflows and predict the efficiency of the facilities to deal with the increased patient inflow which was observed during the pandemic. Pharmaceutical companies leveraged the technology to develop vaccines in order to keep up with the increased demand.
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Healthcare Digital Twins Market Scope
Healthcare Digital Twins Market Companies
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Global healthcare digital twins market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to healthcare digital twins market will help companies and investors design strategic landscapes.
- Global Healthcare Digital Twins Component Outlook (Revenue, USD Million, 2018-2030)
- Software
- Service
- Global Healthcare Digital Twins Application Outlook (Revenue, USD Million, 2018-2030)
- Personalized medicine
- Healthcare workflow optimization & asset management
- Medical device design and testing
- Drug discovery & development
- Surgical planning and medical education
- Others
- Global Healthcare Digital Twins End Use Outlook (Revenue, USD Million, 2018-2030)
- Providers
- Pharma & bio pharma companies
- Medical device companies
- Research & academia
- Others
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Target buyers of Global healthcare digital twins market databook
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Our clientele includes a mix of healthcare digital twins market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global healthcare digital twins market, including forecasts for subscribers. This global databook contains high-level insights into Global healthcare digital twins market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global healthcare digital twins market size, by regions, 2018-2030 (US$M)
Top 10 countries: Healthcare digital twins market size, 2024 (US$M)
Global healthcare digital twins market share, by component, 2024 & 2030 (%, US$M)
Healthcare digital twins market: Opportunity assessment by country
Global healthcare digital twins market, by region, 2024 (US$M)
Related regional statistics
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