UK Healthcare Erp Market Size & Outlook, 2021-2028
UK healthcare erp market, 2016-2028 (US$M)
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UK healthcare erp market highlights
- The UK healthcare erp market generated a revenue of USD 342.2 million in 2021 and is expected to reach USD 583.4 million by 2028.
- The UK market is expected to grow at a CAGR of 7.9% from 2022 to 2028.
- In terms of segment, finance and billing was the largest revenue generating function in 2021.
- Inventory and material management is the most lucrative function segment registering the fastest growth during the forecast period.
Healthcare erp market data book summary
| Market revenue in 2021 | USD 342.2 million |
| Market revenue in 2028 | USD 583.4 million |
| Growth rate | 7.9% (CAGR from 2021 to 2028) |
| Largest segment | Finance and billing |
| Fastest growing segment | Inventory and material management |
| Historical data | 2016 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Inventory and material management, Supply chain and logistics management, Patient relationship management, Finance and billing |
| Key market players worldwide | McKesson Corp, Microsoft Corp, Informa PLC, SAP SE, Oracle Corp, Sage Group (The) PLC, Odoo, Epicor Software (Formerly Solarsoft Business Systems), QAD, Aptean |
Other key industry trends
- In terms of revenue, UK accounted for 5.2% of the global healthcare erp market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Europe, UK healthcare erp market is projected to lead the regional market in terms of revenue in 2028.
- UK is the fastest growing regional market in Europe and is projected to reach USD 583.4 million by 2028.
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Healthcare ERP Market Scope
Healthcare ERP Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK healthcare erp 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 erp market will help companies and investors design strategic landscapes.
Finance and billing was the largest segment with a revenue share of 32.64% in 2021. Horizon Databook has segmented the UK healthcare erp market based on inventory and material management, supply chain and logistics management, patient relationship management, finance and billing covering the revenue growth of each sub-segment from 2016 to 2028.
Several hospitals and other healthcare providers of varying sizes have invested a significant amount of time & money in enhancing operational efficiencies while lowering labor costs, as technology continued to advance in this digital landscape.
Implementation of ERP software in the country has increased significantly, as it provides support in keeping insurance companies, patients, and healthcare professionals under one umbrella and centralize all critical information.
In addition, benefits associated with the adoption of ERP solutions in healthcare organizations such as reducing operational costs, improving patient care & safety, streamlining healthcare processes & initiating best practices, electronic storage of health information, and business intelligence & strategic planning are driving their adoption in the country.
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Our clientele includes a mix of healthcare erp 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 erp market , including forecasts for subscribers. This country databook contains high-level insights into UK healthcare erp market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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UK healthcare erp market size, by function, 2016-2028 (US$M)
UK Healthcare ERP Market Outlook Share, 2021 & 2028 (US$M)
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