EcoDomus Inc., a US-based provider of digital twin software solutions, is part of a rapidly growing digital twins market in healthcare, projected to reach $9.69 billion by 2028 with a CAGR of 49.2%. North America leads this market, driven by the expansion of telehealth, which enhances remote monitoring and personalized treatment. Siemens AG"s acquisition of EcoDomus in December 2021 aims to integrate its technology into Siemens" offerings, further strengthening their portfolio.
The healthcare identity management market is projected to grow from $4.07 billion in 2023 to $7.34 billion by 2028, driven by rising security breaches and advancements in technologies like multi-factor authentication and biometric verification. Key players include Deloitte, Oracle, and CyberArk, focusing on enhancing security measures to protect sensitive patient information. The market is characterized by increasing adoption of cloud solutions and healthcare data sharing initiatives, alongside a growing emphasis on technological innovations such as AI and blockchain.
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