Market Overview:
A digital twin in healthcare refers to a virtual model or replica of a physical entity, such as a patient, medical device, healthcare facility, or even an entire healthcare system. It is a digital representation that uses real-time data, advanced simulation, machine learning, and artificial intelligence (AI) to mirror the physical object or system in the digital world. These models enable healthcare professionals to monitor, analyse, and predict the behaviour or condition of the physical entity they represent, thereby improving decision-making, patient care, and operational efficiency.
The digital twins market in Europe is experiencing robust growth, particularly within the healthcare sector. This expansion is being fueled by increased collaboration between technology providers, healthcare institutions, and research organizations, all working together to leverage digital twins to improve medical research, diagnostics, and patient care.
The use of virtual models is offering more precise, personalized, and data-driven approaches to healthcare, which are expected to transform how medical treatments and services are delivered across the region.
Market Size Growth Rate:
According to the DataM market research report, the Europe Digital Twins Market was valued at US$ 471.35 million in 2024 and is estimated to reach US$ 3,496.18 million by 2033, growing at a CAGR of 25.3% during the forecast period from 2025-2033.
Europe Digital Twins in Healthcare Market Segments:
By Offering:
- Software
- Services
- Hardware
By Application:
- Treatment Planning
- Drug Discovery and Development
- Diagnostics
- Patient Monitoring
- Healthcare Facility Management
- Others
By Technology:
- Virtual Reality (VR)
- Artificial Intelligence (AI)
- Machine Learning (ML)
- Internet of Things (IoT)
- Augmented Reality (AR)
- Others
By End User:
- Hospitals and Clinics
- Pharmaceutical and Biotechnology Companies
- Academic and Research Institutes.
By Country:
- Germany
- U.K
- France
- Italy
- Spain
- Rest of Europe
Recent Developments in the Industry:
- In November 2024, PrediSurge announced a collaboration with Medtronic to offer its cutting-edge, patient-specific technology to customers using Medtronic's Endurant stent graft. Leveraging advanced artificial intelligence (AI) and digital twin technologies, PrediSurge delivers personalized predictive simulations to revolutionize endovascular aortic care.
- In September 2023, Dassault Systémes introduced "Emma Twin," an avatar designed to highlight the crucial role virtual twins play in advancing healthcare and the innovations shaping the future of medicine. This initiative underscores Europe's commitment to integrating digital twin technology to enhance medical research and foster new healthcare innovations.
Major Companies:
The major Europe players in the digital twins in healthcare market include Dassault Systemes SE, Brainlab AG, Virtonomy GmbH, and Predisurge, among others.
The Full Report has the following insights:
- The report offers a comprehensive evaluation of the market in terms of market value (US) and Y-o-Y Growth Rates (%). It does so via in-depth qualitative insights, historical data (2022-2033), and verifiable projections about market size during the forecast period (2025-2033).
- Visualize the composition of the Europe digital twins in healthcare market segmentation by offering, application, technology, end user, and region, highlighting the key commercial assets and players.
- Identify commercial opportunities in the Europe digital twins in healthcare market by analyzing trends and co-development deals.
- The report also covers data insights on various industry forces such as Porter's five forces analysis, supply chain analysis, pricing analysis, and regulatory analysis.
- Excel data sheet with thousands of data points of Europe digital twins in the healthcare market -level 4/5 segmentation.
- PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
- Product mapping in Excel for the key product of all major market players
