UK Healthcare Analytics Market Size & Outlook, 2023-2030
UK healthcare analytics market, 2018-2030 (US$M)
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UK healthcare analytics market highlights
- The UK healthcare analytics market generated a revenue of USD 2,068.5 million in 2023 and is expected to reach USD 8,485.7 million by 2030.
- The UK market is expected to grow at a CAGR of 22.3% from 2024 to 2030.
- In terms of segment, descriptive analytics was the largest revenue generating type in 2023.
- Predictive Analytics is the most lucrative type segment registering the fastest growth during the forecast period.
Healthcare analytics market data book summary
| Market revenue in 2023 | USD 2,068.5 million |
| Market revenue in 2030 | USD 8,485.7 million |
| Growth rate | 22.3% (CAGR from 2023 to 2030) |
| Largest segment | Descriptive analytics |
| Fastest growing segment | Predictive Analytics |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Descriptive Analytics, Diagnostic Analytics, Predictive Analytics, Prescriptive Analytics |
| Key market players worldwide | McKesson Corp, UnitedHealth Group Inc, International Business Machines Corp, Oracle Corp, SAS, IQVIA Holdings Inc, Verisk Analytics Inc, ELSE Corp, Allscripts Healthcare, Cerner Corporation |
Other key industry trends
- In terms of revenue, UK accounted for 4.8% of the global healthcare analytics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany healthcare analytics market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 6,358.2 million by 2030.
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Healthcare Analytics Market Scope
Healthcare Analytics Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK healthcare analytics 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 healthcare analytics market will help companies and investors design strategic landscapes.
Descriptive analytics was the largest segment with a revenue share of 46.82% in 2023. Horizon Databook has segmented the UK healthcare analytics market based on descriptive analytics, diagnostic analytics, predictive analytics, prescriptive analytics covering the revenue growth of each sub-segment from 2018 to 2030.
The UK healthcare analytics market held a substantial revenue share over the recent years. Presence of sophisticated infrastructure increased per capita income, high healthcare cost, rise in demand for advanced technological solutions, and high prevalence of chronic disorders have increased the adoption of analytics services in the UK.
Further, shifts in economics, technology, and social demographics are transforming the pharmaceutical industry in the UK. Currently, people in the UK are experiencing age-related health issues, which is a major concern for the government.
Thus, the National Health Service (NHS) is encouraging technological innovations that are expected to help patients monitor their health. In the UK, patient data can be used to risk score of every NHS patient. Factors such as increasing adoption of analytics and cloud computing by NHS and healthcare practitioners to improve diagnosis have contributed to high market growth.
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Our clientele includes a mix of healthcare analytics market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK healthcare analytics market , including forecasts for subscribers. This country databook contains high-level insights into UK healthcare analytics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK healthcare analytics market size, by type, 2018-2030 (US$M)
UK Healthcare Analytics Market Outlook Share, 2023 & 2030 (US$M)
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