Market revenue in 2022 | USD 723.7 million |
Market revenue in 2030 | USD 1,797.3 million |
Growth rate | 12% (CAGR from 2022 to 2030) |
Largest segment | Data integration solutions |
Fastest growing segment | Care Collaboration Solutions |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Data Integration Solutions, Real-Time Communication Solutions, Workflow Automation Solutions, Care Collaboration Solutions, Enterprise Reporting & Analytics Solutions |
Key market players worldwide | Veradigm Inc, Oracle Corp, McKesson Corp, Koninklijke Philips NV, Cisco Systems Inc, Getinge AB ADR, Stryker Corp, Spok Holdings Inc, AMETEK Inc, NextGen Healthcare |
Data integration solutions was the largest segment with a revenue share of 26.3% in 2022. Horizon Databook has segmented the UK clinical workflow solutions market based on data integration solutions, real-time communication solutions, workflow automation solutions, care collaboration solutions, enterprise reporting & analytics solutions covering the revenue growth of each sub-segment from 2018 to 2030.
Rising number of initiatives by government and nongovernment organizations is expected to boost growth. In January 2013, the Healthcare Improvement Scotland’s ihub received accreditation from National Institute for Health and Excellence. The program implements the required measures as well as provides funding to improve the quality processes.
Favorable government initiatives, such as the NHS connecting for health initiative by the Department of Health, launched in 2005, are responsible for creating a well-developed healthcare IT infrastructure in order to enhance the effectiveness and efficiency of healthcare services across the country.
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