Digital Twin Market by Enterprise, Application
(Predictive Maintenance, Business
optimization), Industry (Aerospace,
Automotive & Transportation, Healthcare,
Infrastructure, Energy & Utilities) and
Geography - Global Forecast to 2027
Bharat Book Bureau Provides the Trending Market Research Report on “Digital Twin Market by
Enterprise, Application (Predictive Maintenance, Business optimization), Industry (Aerospace,
Automotive & Transportation, Healthcare, Infrastructure, Energy & Utilities) and Geography -
Global Forecast to 2027” under Consumer Goods Market Research Report Category. The
report offers a collection of superior Market research, Market analysis, competitive
intelligence, and Market reports.
The Digital Twin Market is expected to grow from USD 6.9 billion in 2022 to USD 73.5 billion by
2027, at a CAGR of 60.6% during the forecast period. rising emphasis on digital twins in
manufacturing industries to reduce cost and improve supply chain operations is driving the
market for digital twin. Owing to increasing demand for digital twin from healthcare industry,
the market for digital twin is expected accelerate further. Furthermore, high investments
associated with implementation of digital twin technology; and susceptibility of digital twin to
cyberattacks are major restraints to the market.
“The digital twin market for healthcare industry is expected to grow at highest CAGR during the
forecast period”
The digital twin market for healthcare industry is expected to grow at highest CAGR during the
forecast period. In healthcare, digital twins are used to create a patient's digital twin that
captures continuous data from the individual concerning various vitals, medical conditions,
drug and therapy responses, and the surrounding ecosystem. Each patient's historical and real-
time data aids the ML algorithm in predicting future health issues.
The model alerts the patient for prescriptions, dietary habit modifications, and medical
consultation based on the patient's lifestyl