Healthcare Digital Twin Market is slated to grow at a CAGR of 30-50% During 2021-2026

BRUSSELS - Nov. 9, 2022 - PRLog -- The real-time view is then presented by the digital twin in a 3D visual format. The real-time insights help prevent bad decisions, conduct preventive measures and reduce any future untoward incidents. Healthcare is rapidly embracing digital twin technology. The goal of this trend is to deliver data-driven personalized medicine as well as accelerate medical innovation. Global healthcare digital twin market is driven by huge infusion of funds by government as well as venture capital firms; rising cancer, genetic, and rare disorder research; increasing healthcare digitization; growing demand for personalized/precision medicine; and increasing focus of healthcare organization on limiting burgeoning cost, improve workflow and patient care.

Global Healthcare Digital Twin Market is growing at a Lucrative Rate of 30-50% during the forecast period. The market growth would be driven by the rising demand for personalized therapies and trend of digitization.

Medi-Tech Insights' research on healthcare digital twin market analyses the market with respect to product (software and services), application, end user, and geography
The US is the largest geographic healthcare digital twin market, and based on our research and interviews with industry experts, it is clear that asset and process management, personalised medicine, surgical planning, and drug discovery (including clinical trials) are the major applications of this market today.

The healthcare digital twin market is evolving and currently driven by start-ups/small size companies offering application specific solutions
The healthcare digital twin market is still in its development and has seen momentum after the COVID-19 pandemic. The market comprises various start-ups/small players offering solutions for specific applications. For instance, Sim&Cure is France-based start-up offering patient-based digital twin for treating aneurysms. Additionally, the Switzerland-based digital solutions company Optimo Medical, which specialized in ophthalmology, offers a digital twin solution for organising astigmatism eye surgery.

"Medical device manufacturers are progressively accepting digital twins to model devices as well as patients to treat people with specific conditions. The journey of digital twins in healthcare has just begun and its future is nearly infinite"- CEO, Whole Body Digital Twin Solution Provider

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