target audience: TECH BUYER  Publication date: Apr 2024 - Document type: Tech Buyer Presentation - Doc  Document number: # US50759923

The Value of Digital Twins for Medical Devices

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  • Nino Giguashvili Loading
  • Silvia Piai Loading

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  • 20 slides


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Abstract


This IDC Tech Buyer Presentation analyzes the use of digital twins in the medical devices industry. The analysis in this report aims to support medical device organizations in understanding the complexities and strategic considerations associated with the adoption of digital twin technologies. The presentation encompasses the essential aspects of digital twin usage in the medical devices industry, including the key capabilities and technologies that must be integrated. It also addresses the primary business drivers, benefits, and challenges associated with digital twin adoption and explores the specifics of various use cases.

“Digital twins are emerging as essential tools for reshaping the future of medical device development and manufacturing, enabling vital efficiency and sustainability while fostering patient-centricity and precision medicine. As new use cases emerge, medical device organizations must define clear strategies for harnessing the transformative potential of digital twin technologies.” — Research Manager Nino Giguashvili, IDC Health Insights

“Real-time supply-demand visibility, scenario planning, and evidence-driven innovation form the backbone of success in the medical devices industry. Digital twins serve as cohesive digital platforms for agile business planning, collaboration, and operational efficiency; they leverage data from across the value chain for insights, automation, and outcomes forecasting." — Research Director Silvia Piai, IDC Health Insights



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