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U.K. Private Healthcare Market Size, Share, Trends, Analysis and Forecast to 2025
U.K. Private Healthcare Market Size, Share, Trends, Analysis and Forecast to 2025A research report on U.K. private healthcare market comprising of market’s current and future trends
The global U.K. private healthcare market is valued at $XX million in 2017, and is expected to reach $XX million by 2025, growing at a CAGR of XX% from 2018 to 2025.
Changing aspects of global U.K. private healthcare market
There have been drastic yet good changes in a way healthcare system is working. In recent years, people are drawn to private healthcare services over NHS for many reasons. Factors such as-
• Fixed consultation fees and discounted pre-packaged prices for services
• Long wait-list on NHS devices, sometimes more than 18 weeks for the treatment services
• Flexibility in and around choosing GP’s time, date, hospitals and clinics
• Increasing patient numbers to NHS has also led to bolster the UK private healthcare market.
However, increasing co-payments, decline in private medical insurance, high rates of declines inpatient and day caseloads and less to no medical benefits after retirement will hinder the growth of UK private healthcare market.
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Market summary:
Market players are aiming to provide great healthcare services, fixed consultation charges are securing the greater market share in U.K. private healthcare. With world-class amenities, great medical services and growing assurance among the outsiders regarding the private healthcare sector in U.K is boosting the market growth. Due to increase in the number of patients from foreign countries, several London based hospitals have increased their intensive care facilities. Moreover, upfront charges for NHS services, and long, tiring wait times for NHS services is making a shift to private medical healthcare. Hence, London being the hub for healthcare as it has built a reputation to sustain the demand of private healthcare as a global center.
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Some of the key market players in the U.K private healthcare market are-
• 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 is divided into following categories-
By Service Type
• Private Acute Care Hospitals
• Private Patient Care Clinics
• Private Specialist Services
• Private Diagnostics and Imaging Centers
• Private Urgent Care Centers
By Specialty
• Trauma and Orthopedics
• General Surgery
• Oncology
• Maternity
• OB-Gyn
• Cardiology
• Urology
• Others
By end-users
• International Tourists
• NHS Referrals & PMI
• Self-pay Individuals
By Country
• U.K.
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