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

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Healthcare Digital Twin Market Forecast By Top
Leading Manufacturers Microsoft, Philips
Healthcare, Siemens, HP
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A digital twin is a virtual representation of a
physical object or procedure. Sensor data from
the real world is supplied into the virtual
model. 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 personalised
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.
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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, SimCure 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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• Explore Premium Report on Healthcare Digital Twin
  Market _at_ https//meditechinsights.com/healthcare-d
  igital-twin-market/
• Medi-Tech Insights research comprehensively
  analyses key areas such as investment trends in
  healthcare digital twin market
• The significance of digital twin solutions in
  improving patient care is becoming more and more
  recognized by healthcare organisations,
  investors, and regulatory authorities. Drawn by
  the huge promise to disrupt healthcare, many
  VCs/investors have backed companies in healthcare
  digital twin market.
• For instance,
• In October 2021, Twin Health, makers of the
  Whole-Body Digital Twin precision health
  technology raised 140 million in Series C
  funding. At present, the digital twin solution is
  addressing diseases such as diabetes,
  hypertension, and some other metabolic diseases.
• Similarly, US-based Unlearn has developed
  DiGenesis, a machine-learning platform that
  generates control patient data for clinical
  studies. In April 2020, the company secured a 12
  million Series A financing. Such fundings will
  instil the impetus for development and adoption
  of digital twin technology in healthcare.

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Competitive Landscape Analysis of Healthcare
Digital Twin Market Some of the large and small
players operating in the global healthcare
digital twin market include General Electric,
Ansys, Atos, Dassault Systems (3DS Company),
Microsoft, Philips Healthcare, Siemens, HP, Twin
Health, Verto Health, Fasttream Technologies,
ThoughtWire, SimCure, and Optimo Medical, among
others. For More Detailed Insights, Contact Us
_at_ https//meditechinsights.com/contact-us/ About
Medi-Tech Insights Medi-Tech Insights is a
healthcare-focused business research insights
firm. Our clients include Fortune 500 companies,
blue-chip investors hyper-growth start-ups. We
have completed 100 projects in Digital Health,
Healthcare IT, Medical Technology, Medical
Devices Pharma Services. Contact Ruta
Halde Associate, Medi-Tech Insights 32 498 86 80
79 info_at_meditechinsights.com