UK Healthcare Cloud Computing Market to 2027, Future Outlook, COVID-19 Impact Analysis, Forecast 2021-2027

 

UK healthcare cloud computing market is anticipated to grow at a CAGR around 21.3% during the forecast period. The digitalization of banking, Insurance, healthcare and business services in the country are the key driver for the growth of the market. According to the export.gov, the country has been a notable destination for cloud services due to advanced economy and mature IT market. National, regional and local government and private companies are major buyers of cloud services. Large companies are adopting cloud technology more quickly than smaller firms, with uptake rates around 96% and 76%, respectively. IaaS had generated interest among IT decision makers particularly in SMEs, which have driven the value of cloud segment to a large extent.

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Government cloud spending is growing quickly as public sector is seeking to catch up with private sector cloud adoption. The UK government G-cloud framework allows the government to directly buy services from suppliers after reaching an agreement on basic terms of use. This saves the cost of individual procurement contracts, although a “call-off contract” is still required for every procurement deal and the government ensures the value of each sale is publicly available. Further, increasing R&D investment in the medical and healthcare sector is estimated to drive the growth of the UK healthcare cloud computing market.

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UK Healthcare cloud computing market is segmented on the basis of application and deployment type. Based on application, the market is segmented into clinical information systems and nonclinical information systems. Based on deployment type, the market is segmented into private cloud, public cloud and hybrid cloud.

The key players that are active in the market include CareCloud Corp., Cisco, Inc, Deutsche Telekom, Dell Inc., GE Healthcare, IBM Corp., Merge Healthcare Inc., Microsoft Corp., Oracle Corp. and Siemens Healthineers. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market.

UK Healthcare Cloud Computing Market- Segmentation

By Application

·        Clinical Information Systems

·        Nonclinical Information Systems

By Deployment Type

·        Private Cloud

·        Public Cloud

·        Hybrid Cloud

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Company Profiles

·        CareCloud Corp.

·        Cisco, Inc

·        Dell Inc.

·        Deutsche Telekom

·        GE Healthcare

·        IBM Corp.

·        Merge Healthcare Inc.

·        Microsoft Corp.

·        Oracle Corp.

·        Siemens Healthineers

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