UK Digital Health Market Size & Outlook, 2023-2030
UK digital health market, 2018-2030 (US$M)
Related Markets
UK digital health market highlights
- The UK digital health market generated a revenue of USD 10,515.0 million in 2023 and is expected to reach USD 42,756.5 million by 2030.
- The UK market is expected to grow at a CAGR of 22.2% from 2024 to 2030.
- In terms of segment, tele-healthcare was the largest revenue generating technology in 2023.
- Tele-Healthcare is the most lucrative technology segment registering the fastest growth during the forecast period.
Digital health market data book summary
| Market revenue in 2023 | USD 10,515.0 million |
| Market revenue in 2030 | USD 42,756.5 million |
| Growth rate | 22.2% (CAGR from 2023 to 2030) |
| Largest segment | Tele-healthcare |
| Fastest growing segment | Tele-Healthcare |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tele-Healthcare, MHealth, Healthcare Analytics, Digital Health Systems |
| Key market players worldwide | Epic Systems Corporation, Telefonica SA, AT&T, Airstrip Technologies, Quantum-Si Inc Ordinary Shares - Class A, Alphabet Inc Class C, Orange SA, SoftServe, Hims & Hers Health Inc Ordinary Shares - Class A, Computer Programs and Systems Inc. (CPSI), Vocera Communications, International Business Machines Corp, Cisco Systems Inc, Apple Inc, Oracle Corp, Veradigm Inc, McKesson Corp, Vodafone Group PLC, Qualcomm Inc, Samsung Electronics Co Ltd |
Other key industry trends
- In terms of revenue, UK accounted for 4.4% of the global digital health market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany digital health market is projected to lead the regional market in terms of revenue in 2030.
- Denmark is the fastest growing regional market in Europe and is projected to reach USD 21,073.9 million by 2030.
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Digital Health Market Scope
Digital Health Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK digital health market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to digital health market will help companies and investors design strategic landscapes.
Tele-healthcare was the largest segment with a revenue share of 43.2% in 2023. Horizon Databook has segmented the UK digital health market based on tele-healthcare, mhealth, healthcare analytics, digital health systems covering the revenue growth of each sub-segment from 2018 to 2030.
Factors like government backing and equal adoption of digital health technology by the NHS and small physicians to improve access to healthcare can be attributed to the high market share. Various technology companies are actively working with academic institutes, clinicians, and policy makers to develop solutions in line with patient and clinicians needs.
By introducing tried and tested applications, even overseas clients are able to meet the needs of clinicians, patients, and payers in areas such as telehealth, telecare, eHealth, and mHealth. The UK has always been focused on developing and transforming digital health status in the country, for instance, according to papers published by GOV.
UK in June 2022, transformative programs are being initiated in the country to make reforms and set up an NHS capable of meeting the challenges of 2048 in terms of social & health care.
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Target buyers of UK digital health market databook
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Our clientele includes a mix of digital health market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UK digital health market , including forecasts for subscribers. This country databook contains high-level insights into UK digital health market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK digital health market size, by technology, 2018-2030 (US$M)
UK Digital Health Market Outlook Share, 2023 & 2030 (US$M)
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