UK AI in healthcare market is estimated to grow significantly at a CAGR of 55.4% during the forecast period. Healthcare industry in the UK is well developed and established due to the presence of separate publicly funded healthcare of England, Scotland, Northern Ireland, and Wales each; funded by separate government and parliament. The digitalization of healthcare services in the country is a key driver for the growth of the AI in healthcare market the country. The country has a well-developed infrastructure of ICT. The increasing number of start-ups will significantly contribute to the growth of the AI in healthcare market in UK.

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There are increasing number of start-ups due to large funding raised by private and government agencies. Increasing number of start-up will significantly contribute to the growth of the AI in healthcare market in UK. Some of the start-ups working significantly in AI sector include Onfido and Medopad. These start-ups have received impressive funding in past years. For instance, Onfido has received Series B funding of around $25 million in 2016, led by Idinvest Partners. Further, in 2017, the company received $30 million, led by Crane Venture Partners.

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The market is segmented on the basis of offering, end-user industry, and application. Based on offering, the market is divided into software & services and hardware. Based on the end-user industry, the market is segmented into hospitals & healthcare facilities, personal care, and biotechnology & pharmaceutical companies. Further, on the basis of application, the market is segmented into diagnosis, biomarker, virtual nursing assistance, remote monitoring of patients, drug discovery, and ai-enabled hospital care.
UK AI in Healthcare Market Segmentation
By Offering

• Hardware
• Software & Services

By End-User Industry
• Hospitals & Healthcare Facilities
• Personal Care
• Biotechnology & Pharmaceutical Companies

By Application

• Diagnosis
• Biomarker
• Virtual Nursing Assistance
• Remote Monitoring of Patients
• Drug Discovery
• Ai-Enabled Hospital Care

Company Profiles

• Apple Inc.
• AstraZeneca PLC
• Babylon Health
• BenevolentAI
• Cambridge Cognition
• DeepMind Technologies
• Desktop Genetics Ltd.
• Google LLC
• IBM Corp.
• Microsoft Corp.
• Oracle Corp.

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