U.K Private Healthcare Market Outlook 2023 - Aspen Healthcare, BMI Healthcare, Bupa Cromwell Hospital, Care UK, CIRCLE HOLDINGS, HCA Management Services

U.K private healthcare market report gives comprehensive outlook on private healthcare services in U.K with emphasis special emphasis on role of NHS and PMIs. The report on U.K private healthcare market gives historical, current, and future market sizes (US$ Mn) on the basis of service type, specialty, and end users. This report studies U.K private healthcare market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, U.K private healthcare market report includes, number GP referrals in 2016, pricing analysis of major services, service provider share analysis, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed U.K private healthcare market to better equip clients with possible investment opportunities across the countries (Investment Hot-Spots) and market unmet needs (Service Opportunities). Key stakeholders of the U.K private healthcare market report include healthcare service providers, private healthcare providers, private insurance players, marketers, policy makers engaged in healthcare delivery.
U.K Private Healthcare Market:

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Key players profiles in the global Private Healthcare in Emerging Countries include:
-Aspen Healthcare (A Sub. Of Tenet Healthcare)
-BMI Healthcare
-Bupa Cromwell Hospital
-Care UK
-CIRCLE HOLDINGS PLC
-HCA Management Services, L.P.
-Nuffield Health
-Ramsay Health Care
-Spire Healthcare Group plc.

The U.K private healthcare market estimated to be valued US$ 11.8 Bn in 2017 and poised to grow at CAGR of 2.6% over 2017 to 2023. Market for private healthcare services projected to reach US$ 13.8 Bn by 2023 due to rise in NHS waiting times and referrals to the private sector.
Rise in self-pay individuals coupled with overseas patients expected to fuel market growth
In recent times patients in the country increasingly preferring private healthcare services over NHS devices for elective procedures and several non-urgent services owing to rise in NHS waiting lists and packaged pricing form private healthcare providers. This is expected to fuel market revenue growth in near future. Moreover, this trend has been well capitalized by service providers by mean of offering packaged and discounted prices along with fixed consultant fees to attract the patients, which is expected to drive the market revenue growth over the forecast period.

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A rise in NHS waiting list and e-Referrals from GPs driving market growth
The rise in waiting list in recent times for several ailments in NHS is prompting patients to choose private healthcare services over NHS services. The rise in NHS waiting time more than 18 weeks for treatment is expected to bolster private healthcare market in UK. Moreover, flexibility in GP referrals where, patients can opt for desired time, date, and hospital/clinic for consultation, which is creating market opportunity for the players in U.K private healthcare market. According to NHS the numbers of patients waiting for NHS services are growing in recent times.

Mute in growth of PMI expected to hinder market revenue growth
The decline in private medical insurance uptake in last few years and decreasing pay-out to clinics and hospitals for healthcare services by insurance providers expected to hinder market revenue growth in midterm. Moreover, ongoing decline in inpatient and day caseload is currently hindering the market growth and relatively fewer companies offer medical benefits after retirement which could hinder market revenue growth of private healthcare market in U.K

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