UK Healthcare Business Intelligence Market Size & Outlook
UK healthcare business intelligence market, 2014-2030 (US$M)
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UK healthcare business intelligence market highlights
- The UK healthcare business intelligence market generated a revenue of USD 705.8 million in 2022 and is expected to reach USD 2,054.9 million by 2030.
- The UK market is expected to grow at a CAGR of 14.3% from 2023 to 2030.
- In terms of segment, software was the largest revenue generating product in 2022.
- Software is the most lucrative product segment registering the fastest growth during the forecast period.
Healthcare business intelligence market data book summary
| Market revenue in 2022 | USD 705.8 million |
| Market revenue in 2030 | USD 2,054.9 million |
| Growth rate | 14.3% (CAGR from 2022 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Software |
| Historical data | 2014 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, Services |
| Key market players worldwide | Microsoft Corp, Oracle Corp, SAP SE, Salesforce Inc, Perficient Inc, Infor, Domo Inc, Sisense, TIBCO, Panorama Software |
Other key industry trends
- In terms of revenue, UK accounted for 9.1% of the global healthcare business intelligence market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK healthcare business intelligence market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 1,200.2 million by 2030.
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Healthcare Business Intelligence Market Scope
Healthcare Business Intelligence Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK healthcare business intelligence 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 business intelligence market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 70.5% in 2022. Horizon Databook has segmented the UK healthcare business intelligence market based on software, services covering the revenue growth of each sub-segment from 2014 to 2030.
Healthcare departments in the country are dependent on technology to promote better functioning of overall healthcare systems. On the other hand, hospitals and other healthcare organizations are leveraging tools that provide scalability, flexibility, as well as cost benefits.
Thus, these factors are driving the growth of BI in healthcare in the UK. In addition, growing need to reduce healthcare spending and improving patient outcomes, adoption of data based decision-making solutions, rising number of patient registries, implementation of big data in healthcare, and government initiatives to promote EHR adoption are the key factors driving the demand for healthcare BI in the country.
For instance, as per an analysis conducted by Computing in 2018, around 85% of businesses were using cloud-based services in 2017, which increased to 88% in 2018. This increase signifies the rising demand for cloud-based technologies in the country.
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Target buyers of UK healthcare business intelligence market databook
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Our clientele includes a mix of healthcare business intelligence 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 healthcare business intelligence market, including forecasts for subscribers. This country databook contains high-level insights into UK healthcare business intelligence market from 2014 to 2030, including revenue numbers, major trends, and company profiles.
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UK healthcare business intelligence market size, by product, 2014-2030 (US$M)
UK Healthcare Business Intelligence Market Share, 2022 & 2030 (US$M)
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