The ai-based clinical trials solution provider market in the UK is expected to reach a projected revenue of US$ 644.5 million by 2030. A compound annual growth rate of 19.9% is expected of the UK ai-based clinical trials solution provider market from 2022 to 2030.
UK ai-based clinical trials solution provider market highlights
The UK ai-based clinical trials solution provider market generated a revenue of USD 125.6 million in 2021 and is expected to reach USD 644.5 million by 2030.
The UK market is expected to grow at a CAGR of 19.9% from 2022 to 2030.
In terms of segment, oncology was the largest revenue generating therapeutic applications in 2021.
CVD is the most lucrative therapeutic applications segment registering the fastest growth during the forecast period.
Ai-based clinical trials solution provider market data book summary
Market revenue in 2021
USD 125.6 million
Market revenue in 2030
USD 644.5 million
Growth rate
19.9% (CAGR from 2021 to 2030)
Largest segment
Oncology
Fastest growing segment
CVD
Historical data
2018 - 2020
Base year
2021
Forecast period
2022 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Oncology, CVD, Neurological Diseases or conditions, Metabolic diseases, Infectious diseases
Key market players worldwide
The Carlyle Group Inc, Mendel.ai, Median Technologies, SAI.TECH Global Corp, Alphabet Inc Class A, Exscientia PLC ADR
Other key industry trends
In terms of revenue, UK accounted for 9.5% of the global ai-based clinical trials solution provider market in 2021.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Europe, UK ai-based clinical trials solution provider market is projected to lead the regional market in terms of revenue in 2030.
France is the fastest growing regional market in Europe and is projected to reach USD 449.7 million by 2030.
The UK market is lucrative owing to penetration and expansion of advanced technologies in the country. Growing investment & research activity by global pharmaceutical companies in established universities & research centers in the UK is expected to boost the market.
The NHS has high potential for driving global investment, with UK’s health service offering an abundant opportunity for clinical trials of novel vaccines and medicines, with its expertise & access to health data and adoption of technologically advanced solutions for clinical trials.
With healthcare data assets, competitive & collaborative research base, substantial capabilities in clinical research & NHS translation, the UK is an attractive market for clinical trials & pioneering research.
U.K. artificial intelligence based clinical trials solution provider market
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to AI-based Clinical Trials Solution Provider Market will help companies and investors design strategic landscapes.
Oncology was the largest segment with a revenue share of 23.25% in 2021.
Horizon Databook has segmented the U.K. ai-based clinical trials solution provider market based on oncology, cvd, neurological diseases or conditions, metabolic diseases, infectious diseases covering the revenue growth of each sub-segment from 2018 to 2030.
The UK market is lucrative owing to penetration and expansion of advanced technologies in the country. Growing investment & research activity by global pharmaceutical companies in established universities & research centers in the UK is expected to boost the market.
The NHS has high potential for driving global investment, with UK’s health service offering an abundant opportunity for clinical trials of novel vaccines and medicines, with its expertise & access to health data and adoption of technologically advanced solutions for clinical trials.
With healthcare data assets, competitive & collaborative research base, substantial capabilities in clinical research & NHS translation, the UK is an attractive market for clinical trials & pioneering research.
U.K. Ai-Based Clinical Trials Solution Provider Market Therapeutic Applications Outlook (Revenue, USD Million , 2018-2030)
Oncology
CVD
Neurological Diseases or conditions
Metabolic diseases
Infectious diseases
Others
U.K. Ai-Based Clinical Trials Solution Provider Market Clinical Trial Phase Outlook (Revenue, USD Million , 2018-2030)
Phase-I
Phase-II
Phase-III
U.K. Ai-Based Clinical Trials Solution Provider Market End User Outlook (Revenue, USD Million , 2018-2030)
Pharmaceutical Companies
Academia
Others
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Horizon Databook provides a detailed overview of country-level data and insights on the U.K. artificial intelligence based clinical trials solution provider market, including forecasts for subscribers. This country databook contains high-level insights into U.K. artificial intelligence based clinical trials solution provider market from 2018 to 2030, including revenue numbers, major trends, and company profiles.