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Digital Twins In Healthcare Market

Digital Twins In Healthcare Market

Digital Twins in Healthcare Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2019–2029, Segmented By Application (Drug Discovery & Development, Personalized Medicine, Treatment Planning, Risk Management, Healthcare Workflow Optimization, Others); By End User (Pharmaceutical Companies, Research Institutions, Medical Device Companies, Others); By Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

  • Published Date: December 2023
  • Report ID: BWC23998
  • Available Format: PDF
  • Page: 400

Report Overview

Increasing number of digital health firms supporting the use of cutting-edge technologies like IoT and AI, in conjunction with supportive government programs to digitize the healthcare industry are expected to boost the growth of Global Digital Twins in Healthcare Market during the forecast period between 2023 and 2029.

Global Digital Twins in Healthcare Market - Industry Trends & Forecast Report, 2029

Global Digital Twins in Healthcare Market size was estimated to be worth USD 1.07 billion in 2022. During the forecast period between 2023 and 2029, the Global Digital Twins in Healthcare Market size is projected to grow at a CAGR of 43.2%, reaching a value of USD 39.56 billion by 2029. Major growth factors for the Global Digital Twins in Healthcare Market include a growing number of digital health companies assisting the adoption of advanced technologies, such as IoT and AI, along with favorable government initiatives, such as funding and investments, to digitize the healthcare sector.

Digital Twins in Healthcare Market

Digital Twins in Healthcare – Overview

A digital twin is the virtual representation of a physical asset or a system or process that is developed using technologies such as Artificial Intelligence (AI), Augmented Reality (AR), Virtual Reality (VR), and the Internet of Things (IoT). Using information from many sources, a digital twin of the patient's afflicted organ or component can be produced. Digital twins can use the data to create a 3D model that the surgeon can use to see the whole surgery. It involves giving physicians the ability to use clinical decision support systems supported by digital care and maybe hundreds of factors to model the optimal course of action intelligently at the point of care.

Global Digital Twins in Healthcare Market

Growth Drivers

Extensive Research and Development Activities

The healthcare sector is witnessing a notable surge in research and development endeavors aimed at broadening the use of digital twins, owing to the growing acceptance of sophisticated technologies like the Internet of Things (IoT), AI, and ML. For instance, the National Center for Neurology and Psychiatry in Japan has partnered with NTT Corporation to create a digital twin of the brain that will identify and prevent mental diseases. The goal is to build a digital twin processing platform by the end of 2023, which will gather different kinds of data from NCNP-provided medical tests.

Restraints

High Risk of Security Breaches and Cyberattacks

Utilizing a variety of digital technologies, including artificial intelligence (AI), big data, machine learning, and others, digital twin technology enables healthcare providers to offer precise diagnosis and data-driven medication. Therefore, to avoid IoT data breaches and remove cloud security threats, a robust firewall system along with anti-theft and anti-virus software is essential. Cyberattacks are becoming more frequent and sophisticated, which has caused concerns about digital twin data protection and data storage security procedures. It necessitates the development of industry-accepted security guidelines and standards.

Escalating Geopolitical Tensions Could Affect Growth of Global Digital Twins in Healthcare Market

The escalating and spreading geopolitical tensions across the regions may disrupt the growth of the Global Digital Twins In The Healthcare Market. For instance, the Israel-Palestine war has hindered investments and research and development activities of advanced technologies, including digital twins in healthcare, that have strong roots in Israel. Israel is a leading producer of processors and chipsets for leading technology corporations, including Microsoft and Google. In 2022, the high-tech industry in Israel constituted 48.3% of Israel's total export earnings, or USD 71 billion. The favorable government policies and investments contributed significantly to expanding the innovation and technology sector in the Jewish state. But as the conflict has intensified and been escalating, investors may consider withdrawing their investments from tech firms, which could weaken the digital twins in the field of healthcare research and development. Israel is also home to leading digital startups. As a result, these firms' inability to get investments forced them to temporarily halt their operations. Hence, if the war continues to escalate or spread to other regions, it could restrain the expansion of the Global Digital Twin Market in Healthcare Market.

Global Digital Twins in Healthcare Market

Segmental Coverage

Global Digital Twins in Healthcare Market – By Application

Based on application, the Global Digital Twins in Healthcare Market is segmented into drug discovery & development, personalized medicine, treatment planning, risk management, healthcare workflow optimization, and others. The personalized medicine segment holds the largest share of the Global Digital Twins In Healthcare Market. According to an editorial published in Nature Journal, the implementation of digital twins in healthcare not only allows healthcare practitioners to diagnose and treat disease but also helps forecast patient response to medication.

Global Digital Twins in Healthcare Market – By End User

Based on end users, the Global Digital Twins in Healthcare Market is segmented into pharmaceutical companies, research institutions, medical device companies, and others. The research institutions segment accounts for the largest share of the market. The digital twin in health is a budding industry and, therefore, is undergoing extensive research and development activities that are being funded by governments as well as private players. The medical device companies also cover a substantial market share as these companies are implementing AI models into their devices to collect patient data.

Digital Twins in Healthcare Market Size

Global Digital Twins in Healthcare Market – By Region

The in-depth research report on the Global Digital Twins in Healthcare Market covers a number of country-specific markets across five major regions: North America, Europe, Asia Pacific (APAC), Latin America, the Middle East and Africa. North America dominates the global digital twins in healthcare market owing to the high concentration of digital twin conglomerates in the region, such as Microsoft and NVIDIA Corporation. Furthermore, biotech and pharmaceutical companies are investing in the digital healthcare industry, including digital twins. An AI-enabled platform called Leucine secured USD 7 million in a Series A funding round headed by Ecolab. Such investments are anticipated to present lucrative growth opportunities to the global digital twins in the healthcare market.

Competitive Landscape

Major players operating in the Global Digital Twins in Healthcare Market include Siemens Healthineers AG, Dassault Systèmes, Microsoft, Koninklijke Philips N.V., Faststream Technologies, IBM, NVIDIA Corporation, GE Healthcare, and NUREA Rescale, Inc.

To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Recent Developments

  • In April 2023 – Accenture Ventures, the venture capital firm arm of Accenture, invested in Virtonomy, a provider of data-driven simulations based in Germany, to use digital twin technology for medical devices.

Scope of the Report

Attributes

Details

Years Considered

Historical Data – 2019–2022

Base Year – 2022

Estimated Year – 2023

Forecast Period – 2023–2029

Facts Covered

Revenue in USD Billion

Market Coverage

North America, Europe, Asia Pacific, Latin America, Middle East and Africa

Product/ Service Segmentation

Application, End User, Region

Key Players

Siemens Healthineers AG, Dassault Systèmes, Microsoft, Koninklijke Philips N.V., Faststream Technologies, IBM, NVIDIA Corporation, GE Healthcare, NUREA Rescale, Inc.

 

By Application

  • Drug Discovery & Development

  • Personalized Medicine

  • Treatment Planning

  • Risk Management

  • Healthcare Workflow Optimization

  • Others

By End User

  • Pharmaceutical Companies

  • Research Institutions

  • Medical Device Companies

  • Others

By Region

  • North America

  • Europe

  • Asia Pacific (APAC)

  • Latin America (LATAM)

  • Middle East and Africa (MEA)

  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Executive Summary
  3.  Global Digital Twins in Healthcare Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
        1. Increasing Investments in Digital Twins
        2. Operational Efficiency
      2. Restraints
        1. High Implementation Costs
        2. Limited Adoption
      3. Opportunities
        1. Personalized Medicine
        2. AI and Analytics Integration
      4. Challenges
        1. Data Privacy
        2. Data Quality
    3. Technological Advancements/Recent Developments
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  4.  Global Digital Twins in Healthcare Market Overview
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Billion)
    2. Market Share and Forecast
      1. By Application
        1. Drug Discovery & Development
        2. Personalized Medicine
        3. Treatment Planning
        4. Risk Management
        5. Healthcare Workflow Optimization
        6. Others
      2. By End User
        1. Pharmaceutical Companies
        2. Research Institutions
        3. Medical Device Companies
        4. Others
      3. By Region
        1. North America
        2. Europe
        3. Asia Pacific (APAC)
        4. Latin America (LATAM)
        5. Middle East and Africa (MEA)
  5. North America Digital Twins in Healthcare Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Application
      2. By End User
      3. By Country
        1. United States
          1. By Application
          2. By End User
        2. Canada
          1. By Application
          2. By End User
  6. Europe Digital Twins in Healthcare Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Application
      2. By End User
      3. By Country
        1. Germany
          1. By Application
          2. By End User
        2. United Kingdom
          1. By Application
          2. By End User
        3. Italy
          1. By Application
          2. By End User
        4. France
          1. By Application
          2. By End User
        5. Spain
          1. By Application
          2. By End User
        6. Belgium
          1. By Application
          2. By End User
        7. Russia
          1. By Application
          2. By End User
        8. The Netherlands
          1. By Application
          2. By End User
        9. Rest of Europe
          1. By Application
          2. By End User
  7. Asia-Pacific Digital Twins in Healthcare Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Application
      2. By End User
      3. By Country
        1. China
          1. By Application
          2. By End User
        2. India
          1. By Application
          2. By End User
        3. Japan
          1. By Application
          2. By End User
        4. South Korea
          1. By Application
          2. By End User
        5. Australia & New Zealand
          1. By Application
          2. By End User
        6. Indonesia
          1. By Application
          2. By End User
        7. Malaysia
          1. By Application
          2. By End User
        8. Singapore
          1. By Application
          2. By End User
        9. Vietnam
          1. By Application
          2. By End User
        10. Rest of APAC
          1. By Application
          2. By End User
  8. Latin America Digital Twins in Healthcare Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Application
      2. By End User
      3. By Country
        1. Brazil
          1. By Application
          2. By End User
        2. Mexico
          1. By Application
          2. By End User
        3. Argentina
          1. By Application
          2. By End User
        4. Peru
          1. By Application
          2. By End User
        5. Rest of LATAM
          1. By Application
          2. By End User
  9. Middle East and Africa Digital Twins in Healthcare Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Application
      2. By End User
      3. By Country
        1. Saudi Arabia
          1. By Application
          2. By End User
        2. UAE
          1. By Application
          2. By End User
        3. Qatar
          1. By Application
          2. By End User
        4. Kuwait
          1. By Application
          2. By End User
        5. South Africa
          1. By Application
          2. By End User
        6. Nigeria
          1. By Application
          2. By End User
        7. Algeria
          1. By Application
          2. By End User
        8. Rest of MEA
          1. By Application
          2. By End User
  10. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Global Digital Twins in Healthcare Market Share Analysis, 2022
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
  11. Impact of Covid-19 on Global Digital Twins in Healthcare Market
  12. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
    1. Siemens Healthineers AG
    2. Dassault Systèmes
    3. Microsoft
    4. Koninklijke Philips N.V.
    5. Faststream Technologies
    6. IBM
    7. NVIDIA Corporation
    8. GE Healthcare
    9. NUREA Rescale, Inc.
    10. Other Prominent Players
  13. Key Strategic Recommendations
  14. Research Methodology
    1.  Qualitative Research
      1.  Primary & Secondary Research
    2.  Quantitative Research
    3.  Market Breakdown & Data Triangulation
      1.  Secondary Research
      2.  Primary Research
    4.  Breakdown of Primary Research Respondents, By Region
    5.  Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable

 

List of Figures

Figure 1       Global Digital Twins in Healthcare Segmentation

Figure 2       Global Digital Twins in Healthcare Market Value Chain Analysis

Figure 3       Company Market Share Analysis, 2022

Figure 4       Global Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Figure 5       Global Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Figure 6       Global Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Figure 7       Global Digital Twins in Healthcare Market Share, By Region, By Value, 2019–2029

Figure 8       North America Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Figure 9       North America Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Figure 10     North America Digital Twins in Healthcare Market Share, By End User, By Value,

Figure 11     North America Digital Twins in Healthcare Market Share, By Country, By Value, 2019–2029

Figure 12     United States Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Figure 13     United States Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Figure 14     United States Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Figure 15     Canada Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Figure 16     Canada Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Figure 17     Canada Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Figure 18     Europe Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Figure 19     Europe Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Figure 20     Europe Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Figure 21     Europe Digital Twins in Healthcare Market Share, By Country, By Value, 2019–2029

Figure 22     Germany Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Figure 23     Germany Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Figure 24     Germany Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Figure 25     United Kingdom Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Figure 26     United Kingdom Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Figure 27     United Kingdom Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Figure 28     Italy Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Figure 29     Italy Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Figure 30     Italy Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Figure 31     France Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Figure 32     France Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Figure 33     France Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Figure 34     Spain Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Figure 35     Spain Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Figure 36     Spain Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Figure 37     Belgium Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Figure 38     Belgium Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Figure 39     Belgium Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Figure 40     Russia Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Figure 41     Russia Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Figure 42     Russia Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Figure 43     The Netherlands Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Figure 44     The Netherlands Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Figure 45     The Netherlands Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Figure 46     Rest of Europe Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Figure 47     Rest of Europe Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Figure 48     Rest of Europe Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Figure 49     Asia-Pacific Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Figure 50     Asia-Pacific Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Figure 51     Asia-Pacific Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Figure 52     Asia-Pacific Digital Twins in Healthcare Market Share, By Country, By Value, 2019–2029

Figure 53     China Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Figure 54     China Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Figure 55     China Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Figure 56     India Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Figure 57     India Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Figure 58     India Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Figure 59     Japan Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Figure 60     Japan Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Figure 61     Japan Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Figure 62     South Korea Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Figure 63     South Korea Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Figure 64     South Korea Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Figure 65     Australia & New Zealand Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Figure 66     Australia & New Zealand Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Figure 67     Australia & New Zealand Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Figure 68     Indonesia Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Figure 69     Indonesia Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Figure 70     Indonesia Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Figure 71     Malaysia Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Figure 72     Malaysia Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Figure 73     Malaysia Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Figure 74     Singapore Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Figure 75     Singapore Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Figure 76     Singapore Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Figure 77     Vietnam Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Figure 78     Vietnam Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Figure 79     Vietnam Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Figure 80     Rest of APAC Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Figure 81     Rest of APAC Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Figure 82     Rest of APAC Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Figure 83     Latin America Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Figure 84     Latin America Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Figure 85     Latin America Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Figure 86     Latin America Digital Twins in Healthcare Market Share, By Country, By Value, 2019–2029

Figure 87     Brazil Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Figure 88     Brazil Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Figure 89     Brazil Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Figure 90     Mexico Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Figure 91     Mexico Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Figure 92     Mexico Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Figure 93     Argentina Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Figure 94     Argentina Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Figure 95     Argentina Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Figure 96     Peru Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Figure 97     Peru Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Figure 98     Peru Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Figure 99     Rest of LATAM Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Figure 100   Rest of LATAM Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Figure 101   Rest of LATAM Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Figure 102   Middle East & Africa Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Figure 103   Middle East & Africa Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Figure 104   Middle East & Africa Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Figure 105   Middle East & Africa Digital Twins in Healthcare Market Share, By Country, By Value, 2019–2029

Figure 106   Saudi Arabia Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Figure 107   Saudi Arabia Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Figure 108   Saudi Arabia Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Figure 109   UAE Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Figure 110   UAE Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Figure 111   UAE Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Figure 112   Qatar Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Figure 113   Qatar Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Figure 114   Qatar Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Figure 115   Kuwait Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Figure 116   Kuwait Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Figure 117   Kuwait Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Figure 118   South Africa Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Figure 119   South Africa Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Figure 120   South Africa Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Figure 121   Nigeria Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Figure 122   Nigeria Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Figure 123   Nigeria Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Figure 124   Algeria Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Figure 125   Algeria Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Figure 126   Algeria Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Figure 127   Rest of MEA Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Figure 128   Rest of MEA Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Figure 129   Rest of MEA Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

 

List of Tables

 

Table 1 Global Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Table 2 Global Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Table 3 Global Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Table 4 Global Digital Twins in Healthcare Market Share, By Region, By Value, 2019–2029

Table 5 North America Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Table 6 North America Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Table 7 North America Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Table 8 North America Digital Twins in Healthcare Market Share, By Country, By Value, 2019–2029

Table 9 United States Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Table 10      United States Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Table 11      United States Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Table 12      Canada Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Table 13      Canada Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Table 14      Canada Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Table 15      Europe Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Table 16      Europe Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Table 17      Europe Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Table 18      Europe Digital Twins in Healthcare Market Share, By Country, By Value, 2019–2029

Table 19      Germany Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Table 20      Germany Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Table 21      Germany Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Table 22      United Kingdom Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Table 23      United Kingdom Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Table 24      United Kingdom Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Table 25      Italy Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Table 26      Italy Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Table 27      Italy Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Table 28      France Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Table 29      France Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Table 30      France Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Table 31      Spain Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Table 32      Spain Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Table 33      Spain Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Table 34      Belgium Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Table 35      Belgium Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Table 36      Belgium Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Table 37      Russia Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Table 38      Russia Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Table 39      Russia Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Table 40      The Netherlands Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Table 41      The Netherlands Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Table 42      The Netherlands Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Table 43      Rest of Europe Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Table 44      Rest of Europe Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Table 45      Rest of Europe Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Table 46      Asia-Pacific Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Table 47      Asia-Pacific Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Table 48      Asia-Pacific Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Table 49      Asia-Pacific Digital Twins in Healthcare Market Share, By Country, By Value, 2019–2029

Table 50      China Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Table 51      China Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Table 52      China Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Table 53      India Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Table 54      India Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Table 55      India Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Table 56      Japan Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Table 57      Japan Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Table 58      Japan Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Table 59      South Korea Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Table 60      South Korea Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Table 61      South Korea Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Table 62      Australia & New Zealand Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Table 63      Australia & New Zealand Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Table 64      Australia & New Zealand Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Table 65      Indonesia Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Table 66      Indonesia Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Table 67      Indonesia Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Table 68      Malaysia Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Table 69      Malaysia Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Table 70      Malaysia Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Table 71      Singapore Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Table 72      Singapore Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Table 73      Singapore Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Table 74      Vietnam Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Table 75      Vietnam Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Table 76      Vietnam Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Table 77      Rest of APAC Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Table 78      Rest of APAC Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Table 79      Rest of APAC Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Table 80      Latin America Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Table 81      Latin America Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Table 82      Latin America Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Table 83      Latin America Digital Twins in Healthcare Market Share, By Country, By Value, 2019–2029

Table 84      Brazil Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Table 85      Brazil Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Table 86      Brazil Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Table 87      Mexico Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Table 88      Mexico Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Table 89      Mexico Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Table 90      Argentina Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Table 91      Argentina Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Table 92      Argentina Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Table 93      Peru Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Table 94      Peru Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Table 95      Peru Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Table 96      Rest of LATAM Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Table 97      Rest of LATAM Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Table 98      Rest of LATAM Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Table 99      Middle East & Africa Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Table 100    Middle East & Africa Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Table 101    Middle East & Africa Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Table 102    Middle East & Africa Digital Twins in Healthcare Market Share, By Country, By Value, 2019–2029

Table 103    Saudi Arabia Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Table 104    Saudi Arabia Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Table 105    Saudi Arabia Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Table 106    UAE Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Table 107    UAE Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Table 108    UAE Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Table 109    Qatar Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Table 110    Qatar Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Table 111    Qatar Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Table 112    Kuwait Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Table 113    Kuwait Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Table 114    Kuwait Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Table 115    South Africa Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Table 116    South Africa Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Table 117    South Africa Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Table 118    Nigeria Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Table 119    Nigeria Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Table 120    Nigeria Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Table 121    Algeria Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Table 122    Algeria Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Table 123    Algeria Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Table 124    Rest of MEA Digital Twins in Healthcare Market Size, By Value (USD Billion), 2019–2029

Table 125    Rest of MEA Digital Twins in Healthcare Market Share, By Application, By Value, 2019–2029

Table 126    Rest of MEA Digital Twins in Healthcare Market Share, By End User, By Value, 2019–2029

Table 127    Siemens Healthineers AG Company Overview

Table 128    Siemens Healthineers AG Financial Overview

Table 129    Dassault Systèmes Company Overview

Table 130    Dassault Systèmes Financial Overview

Table 131    Microsoft Company Overview

Table 132    Microsoft Financial Overview

Table 133    Koninklijke Philips N.V. Company Overview

Table 134    Koninklijke Philips N.V. Financial Overview

Table 135    Faststream Technologies Company Overview

Table 136    Faststream Technologies Financial Overview

Table 137    IBM Company Overview

Table 138    IBM Financial Overview

Table 139    NVIDIA Corporation Company Overview

Table 140    NVIDIA Corporation Financial Overview

Table 141    GE Healthcare Company Overview

Table 142    GE Healthcare Financial Overview

Table 143    NUREA Rescale, Inc. Company Overview

Table 144    NUREA Rescale, Inc. Financial Overview

Market Segmentation

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Frequently Asked Questions (FAQs):

Ans: Global Digital Twins in Healthcare Market size was estimated at USD 1.07 billion in 2022.
Ans: Global Digital Twins in Healthcare Market size is expected to grow at a CAGR of 67.56% during the forecast period between 2023 and 2029.
Ans: Global Digital Twins in Healthcare Market size is forecast to reach a value of USD 39.56 billion by 2029.
Ans: Major factors driving the growth of the Global Digital Twins in Healthcare Market include Increasing number of digital health firms supporting the use of cutting-edge technologies like IoT and AI, in conjunction with supportive government programs to digitize the healthcare industry.
Ans: Asia Pacific is expected to grow at the fastest rate in the Global Digital Twins in Healthcare Market during the forecast period between 2023 and 2029.
Ans: The research institutions segment holds the highest market share in the Global Digital Twins in Healthcare Market by end user.
Ans: Key players in the Global Digital Twins in Healthcare Market include Siemens Healthineers AG, Dassault Systèmes, Microsoft, Koninklijke Philips N.V., Faststream Technologies, IBM, NVIDIA Corporation, GE Healthcare, and NUREA Rescale, Inc.
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