UK Healthcare It Market Size & Outlook, 2021-2030
UK healthcare it market, 2018-2030 (US$M)
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UK healthcare it market highlights
- The UK healthcare it market generated a revenue of USD 302.9 million in 2021 and is expected to reach USD 583.4 million by 2030.
- The UK market is expected to grow at a CAGR of 7.6% from 2022 to 2030.
- 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 it market data book summary
| Market revenue in 2021 | USD 302.9 million |
| Market revenue in 2030 | USD 583.4 million |
| Growth rate | 7.6% (CAGR from 2021 to 2030) |
| Largest segment | Finance and billing |
| Fastest growing segment | Inventory and material management |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| 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 | Koninklijke Philips NV, McKesson Corp, Veradigm Inc, Carestream Health - HCIS business, EMDS, Athenahealth |
Other key industry trends
- In terms of revenue, UK accounted for 5.0% of the global healthcare it market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK healthcare it market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 583.4 million by 2030.
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Healthcare IT Market Scope
Healthcare IT Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK healthcare it 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 it market will help companies and investors design strategic landscapes.
Finance and billing was the largest segment with a revenue share of 33.25% in 2021. Horizon Databook has segmented the UK healthcare it 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 2018 to 2030.
UK healthcare information technology system is majorly driven by increase in the number of initiatives for the promotion of eHealth & digital health. The development of integrated care systems is one example of such initiatives.
It integrates a national database that holds details of citizens registered to use NHS in England. The NHS, along with the Department of Health (DOH) and the government, focuses on improving the productivity and quality standards of the healthcare industry.
Reasons to subscribe to UK healthcare it market databook:
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of UK healthcare it market databook
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Our clientele includes a mix of healthcare it 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 it market , including forecasts for subscribers. This country databook contains high-level insights into UK healthcare it market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK healthcare it market size, by function, 2018-2030 (US$M)
UK Healthcare IT Market Outlook Share, 2021 & 2030 (US$M)
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