Market Research Report
United Kingdom Data Exchange in Healthcare Market Forecast 2021-2026
|Published by||Inkwood Research||Product code||991403|
|Published||Content info||103 Pages
Delivery time: 2-3 business days
|United Kingdom Data Exchange in Healthcare Market Forecast 2021-2026|
|Published: March 1, 2021||Content info: 103 Pages||
The United Kingdom data exchange in healthcare market is predicted to grow with a CAGR of 27.78%, during the forecast period. The growing digitization of healthcare data, the emergence of data-driven social partnerships, and the benefits of data sharing and monetization. The base year considered for the market study is 2020, and the forecast period is from 2021 to 2026.
The United Kingdom is well-recognized for its unique environment, promoting the development of the country's healthcare analytics industry. Moreover, the sector also entails the combination of large volumes of data generated by the National Health Service (NHS), in addition to the substantial investments in genomics and improved digital health solutions. The United Kingdom's healthcare analytics market is further propelled by a strong academic and research base, an individual purchaser of healthcare, and an ardent willingness to augment the industry. The continual progress made in terms of building the required infrastructure to access and use data, would also be vital for ensuring the market's development.
The United Kingdom's big data market is expected to grow at a faster rate over the forecast years, owing to the robust underlying base that the country has been developing. However, recent government initiatives to overcome barriers must prove successful. The United Kingdom also fosters multiple organizations operating under the analytics and data division, such as, the Clinical Practice Research Datalink (CPRD), the Farr Institutes, and the Health and Social Care Information Centre (HSCIC), among several others. Hence, these factors are set to fuel the country's market growth, over the forecast period.
Some of the leading companies operating in the market are, Medical Chain, Siemens Healthineers, CloudTag, AWS, Snowflake, etc.