UK Digital Health Market Forecast 2023-2033: Trends, Growth, and Insights

The United Kingdom Digital Health Market is anticipated to exceed USD 60.1 Billion by 2033, growing at a CAGR of 18.62% from 2023 to 2033. The growing adoption of digital healthcare, the rise in AI, IoT, and big data, and the increasing adoption of mobile health applications are driving the growth of the digital health market in the UK. Digital health is the convergence of digital technologies with health, healthcare, living, and society to improve healthcare delivery and make precise tailored medicine. Around 28 million UK citizens have registered with NHS login, the service that operates the NHS App 2021, according to NHS digital data from October 2021. Similarly, Cera offers telehealth and prescription services, which is comparable to 1,000 care homes every day. The establishment of Cera’s technology has reduced the hospitalization risk and freed valuable bed space for older and more vulnerable persons to stay at home. Furthermore, the long-term expansion of the sector is facilitated by government support in the form of subsidies and investments in health tech. For instance, UK Research and Innovative’s Innovate UK funded up to GBP 4 million (USD 83 million) on innovative initiatives within the creative technologies industry in September 2022. UK’s digital health industry is being driven by a number of factors, including the expansion of the Internet of Things (IoT) and technological advancements, the changing inclination of consumers for mobile devices and the Internet, and the growing need for population health management.