Report Description

United Kingdom AI in healthcare market is expected to register robust growth in the forecast period, 2023-2027. AI is also referred as machine intelligence. AI in healthcare involves with the resolution of the complex factors with the aid of algorithms and by the analysis of medical data. Artificial intelligence is widely utilized within the healthcare industry to research the connection between treatment techniques and patient outcomes. AI in healthcare has several applications in medication management, treatment plans, and drug discovery. It is also used in medical practices including diagnostic processes, personalized medicines, drug development, and patient monitoring care. Underlying reasons for wastage of healthcare expenditure such as preventable and rectifiable system inefficiencies including care delivery failures, over-treatment, and improper care delivery. To deal with this, technologies like Artificial Intelligence (AI) can aid in minimizing such inefficiencies and minimize errors, ensuring substantially more stream-lined and cost-effective health ecosystems.

Increase in Prevalence of Chronic Disorders Augments the Market Growth

The growing number of cases of Chronic as well as acute ailments across the country due to the several internal and external factors is one of the primary reasons for the propelling the growth of the market. With this, the increasing patient pool across United Kingdom drives the growth of the AI in healthcare market.

Rise in R & D Activities is Expected to Boost the Market Growth

Extensive expenditure for research and development proficiencies pertaining to the healthcare tools and equipment is offering lucrative opportunities to the leading market players. Research and development proficiencies have further resulted into the advancements in the medical technology which has enhanced the quality of healthcare services. This, in turn, is projected to support the market growth.

High Investments on Healthcare Infrastructure Accelerates the Market Growth

The expand in the funding by the government authorities is primarily driving the market growth. With this, the significant growth of the healthcare sector on account of the public as well as private leading market players will offer lucrative opportunities to the personal healthcare devices market.


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Market Segmentation

The United Kingdom AI in healthcare market is segmented into offering, technology, application, end- user, regional distribution, and competitive landscape. Based on offering, the market is divided into hardware, software, services. Based on technology, the market is segmented into machine learning, NLP, context-aware computing, computer vision. Based on application, the market is segmented into robot-assisted surgery, virtual nursing assistant, administrative workflow assistance, fraud detection, dosage error reduction, clinical trial participant identifier, preliminary diagnosis, and others. Based on end user, the market is divided into healthcare providers, pharmaceutical & biotechnology companies, patients, healthcare payers. The United Kingdom AI in healthcare market is studied in major regions namely London, Southeast, East Anglia, Scotland, Southwest, East Midlands, Yorkshire & Humberside, Rest of United Kingdom.

Market Players

Intel Corporation, Microsoft Corporation, IBM Corporation, Siemens Healthineers, Nvidia Corporation, General Electric Company, Medtronic, Micron Technology, Amazon Web Services, Johnson & Johnson are the key market players operating in United Kingdom AI in healthcare market.

Attribute

Details

Base Year

2021

Historic Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Drug Type

·         Product Type

·         Application

·         Distribution Channel

Regional scope

London, Southeast, East Anglia, Scotland, Southwest, East Midlands, Yorkshire & Humberside, Rest of United Kingdom

Key companies profiled

Intel Corporation, Microsoft Corporation, IBM Corporation, Siemens Healthineers, Nvidia Corporation, General Electric Company, Medtronic, Micron Technology, Amazon Web Services, Johnson & Johnson

Customization scope

10% free report customization with purchase. Addition or alteration to regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, United Kingdom AI in healthcare market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         United Kingdom AI in healthcare Market, By Offering:

o   Hardware

o   Software

o   Services

·         United Kingdom AI in healthcare Market, By Technology:

o   Machine learning

o   NLP

o   Context-aware computing

o   Computer vision

·         United Kingdom AI in healthcare Market, By Application:

o   Robot-assisted surgery

o   Virtual nursing assistant

o   Administrative workflow assistance

o   Fraud detection

o   Dosage error reduction

o   Clinical trial participant identifier

o   Preliminary diagnosis

o   Others

·         United Kingdom AI in healthcare Market, By End User:

o   Healthcare providers

o   Pharmaceutical & biotechnology companies

o   Patients

o   Healthcare payers

·         United Kingdom Prenatal & Neonatal Care Devices, By Region:

o   London

o   Southeast

o   East Anglia

o   Scotland

o   Southwest

o   East Midlands

o   Yorkshire & Humberside

o   Rest of United Kingdom

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in United Kingdom AI in healthcare market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

o   Detailed analysis and profiling of additional market players (up to five).

United Kingdom AI in healthcare market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

United Kingdom AI in healthcare Market- 2017-2027F

1.     Service Overview

2.    Research Methodology

3.    Impact of COVID-19 on United Kingdom AI in Healthcare Market

4.    Executive Summary

5.    Voice of Customers

6.    United Kingdom AI in Healthcare Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Offering (Hardware, Software, Services)

6.2.2.     By Technology (Machine Learning, NLP, Context-aware Computing, Computer Vision)

6.2.3.     By Application (Robot-Assisted Surgery, Virtual Nursing Assistant, Administrative Workflow Assistance, Fraud Detection, Dosage Error Reduction, Clinical Trial Participant Identifier, Preliminary Diagnosis, and Others)

6.2.4.     By End User (Healthcare Providers, Pharmaceutical & Biotechnology Companies, Patients, Healthcare Payers)

6.2.5.     By Region

6.2.6.     By Company (2021)

6.3.  Market Map

7.    United Kingdom AI in Healthcare Hardware Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value 

7.2.  Market Share & Forecast

7.2.1.     By Technology

7.2.2.     By Application

7.2.3.     By End User

7.2.4.     By Region

8.    United Kingdom AI in Healthcare Software Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value 

8.2.  Market Share & Forecast

8.2.1.     By Technology

8.2.2.     By Application

8.2.3.     By End User

8.2.4.     By Region

9.    United Kingdom AI in Healthcare Service Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value 

9.2.  Market Share & Forecast

9.2.1.     By Technology

9.2.2.     By Application

9.2.3.     By End User

9.2.4.     By Region

10.  Market Dynamics

10.1.  Drivers

10.2.  Challenges

11.  Market Trends & Developments

12.  Policy & Regulatory Landscape

13.  United Kingdom Economic Profile

14.  Company Profiles

14.1.  Intel Corporation

14.2.  Microsoft Corporation

14.3.  IBM Corporation

14.4.  Siemens Healthineers

14.5.  Nvidia Corporation

14.6.  General Electric Company

14.7.  Medtronic

14.8.  Micron Technology

14.9.  Amazon Web Services

14.10.            Johnson & Johnson

15.  Strategic Recommendations

16.  About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The United Kingdom AI in healthcare market is divided into offering, technology, application, end user, regional distribution, and competitive landscape.

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Based on offering, the market is divided into software, hardware, and services. Among these three, software segments is expected to hold the largest market share in the forecast period.

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Intel Corporation, Microsoft Corporation, IBM Corporation, Siemens Healthineers, Nvidia Corporation, General Electric Company, Medtronic, Micron Technology, Amazon Web Services, Johnson & Johnson are the key players operating in the United Kingdom AI in healthcare market.

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Due to the absence of security of patient data, huge cost and extensive investments, and lack of standard guidelines are projected to limit the market growth during the forecast period.

profile

Sakshi Bajaal

Business Consultant
Press Release

United Kingdom AI in healthcare market to be dominated by hardware till 2027

Jun, 2022

The increasing use of AI in providing digital and virtual consultations to patients and offer drug creation and management facilities is anticipated to augment the growth of United Kingdom AI in heal