DIGITAL TWINS IN HEALTHCARE MARKET: OVERVIEW
As per Roots Analysis, the global digital twins in healthcare market is estimated to grow from USD 2.5 billion in the current year to USD 33.4 billion by 2035, at a CAGR of 29.6% during the forecast period, till 2035.
The market sizing and opportunity analysis has been segmented across the following parameters:
Therapeutic Area
- Cardiovascular Disorders
- Metabolic Disorders
- Orthopedic Disorders
- Other Disorders
Type of Digital Twin
- Process Twins
- System Twins
- Whole Body Twins
- Body Part Twins
Area of Application
- Asset / Process Management
- Personalized Treatment
- Surgical Planning
- Diagnosis
- Other Applications
End Users
- Pharmaceutical Companies
- Medical Device Manufacturers
- Healthcare Providers
- Patients
- Other End Users
Key Geographical Regions
- North America
- Europe
- Asia
- Latin America
- Middle East and North Africa
- Rest of the World
DIGITAL TWINS IN HEALTHCARE MARKET: GROWTH AND TRENDS
Digital twins refer to a digital replica of a real-world object, process, or service. These virtual systems use artificial intelligence (AI) and data analytics to run simulations based on the real-time data gathered using internet of things (IoT) devices and sensors, to accurately replicate the workflow of an original system. Notably, digital twins can be created using a wide range of data sources, such as sensors, models, and images. At present, digital twins, or virtual replicas of physical objects and environments, are being used in many different industries, and healthcare is no exception.

The application of digital twins in healthcare has the potential to revolutionize patient care, improve remote care, create personalized treatments and reduce costs. In fact, in healthcare, these technologies can provide the full representation of a patient's medical history, symptoms, current treatment, and even biometric data, such as blood pressure and heart rate. According to recent industry insights, 66% of healthcare executives anticipate increased investment in digital twin technologies over the next three years. By leveraging digital twins, healthcare providers can access real-time patient data, gaining deeper insight into their physical, mental, and emotional needs to deliver more effective and tailored care. Consequently, a number of digital twin companies are focusing on developing solutions that meet the needs of the healthcare industry.
DIGITAL TWINS IN HEALTHCARE MARKET: KEY INSIGHTS
The report delves into the current state of the digital twins in healthcare market and identifies potential growth opportunities within industry. Some key findings from the report include:
- Currently, over 90 digital twins are either commercially available in the market or are under development for various healthcare related applications including diagnosis, health monitoring and surgical planning.
- Over 42% of the digital twins offered by industry players are process twins; majority of the twins are primarily intended for asset / process management, personalized treatment and surgical planning.
- In order to gain a competitive edge in digital twins in healthcare industry, companies are continuously upgrading their existing offerings to expand their portfolio.
- The partnership activity in this industry has grown at a rate of over 20% in the past three years; it is worth noting that over 45% of the deals have been signed in the last two years.

- To support the ongoing innovations, several private and public investors have made substantial capital investments; notably, most of the funding rounds took place in the past few years.
- Start-ups in the digital twin market are gradually adopting advanced and innovative technologies, such as artificial intelligence and blockchain, in order to differentiate themselves from their competitors.
- Driven by increasing adoption of digital twin technologies in healthcare and pharmaceutical industries, we anticipate the global digital twins market in healthcare domain to grow at an annualized rate of 29.6%, till 2035.
- The overall market opportunity is likely to be well distributed among various end users; in terms of geographical regions, North America is expected to capture the majority of the market share.
DIGITAL TWINS IN HEALTHCARE MARKET: KEY SEGMENTS
Cardiovascular Disorders Segment holds the Largest Share of the Digital Twins in Healthcare Market
Based on the therapeutic area, the market is segmented into cardiovascular disorders, metabolic disorders, orthopedic disorders, and other disorders. At present, the cardiovascular disorders segment holds the maximum share of the global digital twins in healthcare market. This trend is likely to remain the same in the coming years.
By Type of Digital Twin, Body Part Twins is the Fastest Growing Segment of the Global Digital Twins in Healthcare Market
Based on the type of digital twin, the market is segmented into process twins, system twins, whole body twins and body part twins. Currently, the process twins segment captures the highest proportion of the global digital twins in healthcare market. The primary reason for this is that the process of digital twins facilitates detailed simulations and optimizations of healthcare workflows, resulting in greater efficiency, cost reductions, and better patient outcomes, which fuels their broad adoption. Further, the body part twins segment is anticipated to show the highest growth rate in the coming future.
Asset / Process Management Segment Occupy the Largest Share of the Global Digital Twins in Healthcare Market by Area of Application
Based on the area of application, the market is segmented into asset / process management, personalized treatment, surgical planning, diagnosis and other applications. At present, the asset / process management segment holds the maximum share of the global digital twins in healthcare market. However, the market for personalized treatment segment is expected to grow at a higher CAGR in the coming future owing to its increasing adoption.
Pharmaceutical Companies Segment Account for the Largest Share of the Global Digital Twins in Healthcare Market
Based on the end users, the market is segmented into pharmaceutical companies, medical device manufacturers, healthcare providers, patients, and other end users. Currently, pharmaceutical companies segment holds the maximum share of the global digital twins in healthcare market. Further, the patient's segment is anticipated to grow at a higher growth rate during the forecasted period.
North America Accounts for the Largest Share of the Market
Based on key geographical regions, the market is segmented into North America, Europe, Asia, Latin America, Middle East and North Africa, and Rest of the World. Currently, North America dominates the global digital twins in healthcare market and accounts for the largest revenue share. Further, the market Asia is likely to grow at a higher CAGR in the coming future.
Example Players in the Digital Twins in Healthcare Market
- BigBear.ai
- Certara
- Dassault Systemes
- DEO
- Mesh Bio
- NavvTrack
- OnScale
- Phesi
- PrediSurge
- SingHealth
- Twin Health
- Unlearn
- Verto
- VictoryXR
- Virtonomy
DIGITAL TWINS IN HEALTHCARE MARKET: RESEARCH COVERAGE
- Market Sizing and Opportunity Analysis: The report features an in-depth analysis of the global digital twins in healthcare market, focusing on key market segments, including [A] therapeutic area, [B] type of digital twin, [C] area of application, [D] end users and [E] key geographical regions.
- Market Landscape: A comprehensive evaluation of players engaged in the development of digital twins, based on several relevant parameters, such as [A] year of establishment, [B] company size, and [C] location of headquarters. Additionally, a comprehensive evaluation of digital twins in the healthcare market, based on several relevant parameters, such as [D] status of development, [E] therapeutic area, [F] areas of application, [G] type of technology used, [H] type of digital twin and [I] end users.
- Key Insights: In-depth market analysis, highlighting the contemporary market trends, using five schematic representations, focusing on [A] areas of application and status of development, [B] type of technology used and type of digital twin, [C] type of end user and type of digital twin, [D] area of application and location of headquarters, and [E] company size and location of headquarters.
- Company Competitiveness Analysis: A comprehensive competitive analysis of players involved in the production / development of digital twins in the healthcare industry, examining factors, such as [A] years of experience, [B] portfolio strength, [C] partnership strength and [D] funding strength.
- Company Profiles: In-depth profiles of key players that are currently involved in the digital twins in healthcare market, focusing on [A] overview of the company, [B] financial information (if available) and [C] recent developments and an informed future outlook.
- Partnerships and Collaborations: An insightful analysis of the deals inked by stakeholders in this domain, based on several parameters, such as [A] year of partnership, [B] type of partnership, [C] most active players (in terms of the number of partnerships signed) and [D] geographical distribution of partnership activity.
- Funding and Investment Analysis: An in-depth analysis of the fundings received by players in digital twin domain, based on relevant parameters, such as [A] number of funding instances, [B] amount invested, [C] type of funding, [D] most active players, [E] most active investors and [F] geography.
- Berkus Start-up Valuation Analysis: A detailed analysis to evaluate start-ups engaged in digital twin domain, by assigning monetary values to various competition differentiators possessed by a player, focusing on the Berkus start-up valuation parameters, such as [A] sound idea, [B] prototype, [C] management experience and [D] strategic relationships undertaken by market players.
- Market Impact Analysis: A thorough analysis of various factors, such as drivers, restraints, opportunities, and existing challenges that are likely to impact market growth.
KEY QUESTIONS ANSWERED IN THIS REPORT
- How many companies are currently engaged in this market?
- Which are the leading companies in this market?
- What factors are likely to influence the evolution of this market?
- What is the current and future market size?
- What is the CAGR of this market?
- How is the current and future market opportunity likely to be distributed across key market segments?
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