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What's driving the Private Healthcare Market Market Growth? Insight Analysis With BMI Healthcare, Nuffield Health, Ramsay Health Care, Spire Healthcare Group plc, The London Clinic, The Huntercombe Group

What's driving the Private Healthcare Market Market Growth?

Private Healthcare Market: U.K. Industry Analysis, 2012 – 2016 and Forecast, 2017 – 2025 by further identifies some of the key trends governing the U.K.’s private healthcare market under the influence of multiple factors. Leading private healthcare providers in the country are now offering several fixed packages for various procedures and treatments in an attempt to lure more patients. The focus has shifted toward a more meticulous marketing of medical services to patients. Some of the private companies are using local media and medical scheme membership brochures to reach out to more number of people. Market players are also investing in improving out-patient services, setting up day clinics and sub-acute beds in order to increase their services offerings.

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The decline in individual purchases of private medical insurance and low medical cover pay-outs to clinics and hospitals will continue to negatively impact the U.K. private healthcare market. Besides, the country has a well-defined public healthcare structure for its permanent residents. At the point of need, public healthcare coverage is subsidized or offered completely free and is usually paid through general taxation. Persistence Market Research in its latest study reveals that the U.K. private healthcare market is set to expand at a sluggish 2.8% CAGR during the forecast period (2017–2025). In addition, this market is anticipated to represents an absolute $ opportunity of US$ 321.4 Mn in 2018 over 2017. According to PMR findings, the U.K’s private healthcare sector is much smaller than the public sector. However, a rise in self-pay elective procedures and introduction of attractive packaged pricing is expected to support the country’s private healthcare sector in the near future.

The demand for private acute care services, private specialist services, and private patient care services is projected to remain higher as compared to other private healthcare services over 2025. By 2017-end, private hospitals that provide acute care services are expected to account for more than 57% value share of the market.

Based on end-users, self-pay individuals and NHS referrals are expected to collectively account for a massive market share in terms of revenue. Over the next couple of years, increasing out-of-pocket spending on healthcare expenses is projected to create further demand for private healthcare services in the country.
Hospital of St. John’s & St. Elizabeth, Care UK, CIRCLE HOLDINGS PLC, BMI Healthcare, Nuffield Health, HCA Management Services, L.P., Ramsay Health Care, Spire Healthcare Group plc., The London Clinic, Aspen Healthcare (A Sub. Of Tenet Healthcare), Bupa Cromwell Hospital, The Huntercombe Group, KIMS Hospital, 3fivetwo Group, London Welbeck Hospital, The Bournemouth Private Clinic Limited, Alliance Medical, King Edward VII's Hospital, The Private Clinic, and Vein Centre Limited are the key players operating in the region’s private healthcare market. Currently, Ramsay holds the top position in the market, maintaining around 21.1% share despite the growing competition.

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As per the report, increasing waiting times for various treatment and procedures at public healthcare centers is prompting patients to opt for private healthcare services. This, in turn, is expected to create lucrative market opportunities for private healthcare organizations during the forecast period.

4. U.K. Private Healthcare Market Analysis 2012–2016 and Forecast 2017–2025, By Service Type
4.1. Introduction/Key Findings
4.2. Historical Market Size (US$ Mn) Trend Analysis By Service Type, 2012–2016
4.2.1. Private Acute Care Hospitals
4.2.2. Private Patient Care Clinics

4.2.3. Private Specialist Services
4.2.4. Private Diagnostics and Imaging Centers
4.2.5. Private Urgent Care Centers
4.2.6. Others
4.3. Market Size (US$ Mn) and Forecast By Service Type, 2017–2025
4.3.1. Private Acute Care Hospitals

4.3.2. Private Patient Care Clinics
4.3.3. Private Specialist Services
4.3.4. Private Diagnostics and Imaging Centers
4.3.5. Private Urgent Care Centers
4.3.6. Others
4.4. Market Attractiveness Analysis By Service Type

5. U.K. Private Healthcare Market Analysis 2012–2016 and Forecast 2017–2025, By Application
5.1. Introduction/Key Findings
5.2. Historical Market Size (US$ Mn) Trend Analysis By Application, 2012–2016
5.2.1. Trauma & Orthopedics
5.2.2. General Surgery

5.2.3. Oncology
5.2.4. Maternity and OB-Gyn
5.2.5. Cardiology
5.2.6. Urology
5.2.7. Others
5.3. Market Size (US$ Mn) Forecast By Application, 2017–2025

5.3.1. Trauma & Orthopedics
5.3.2. General Surgery
5.3.3. Oncology
5.3.4. Maternity and OB-Gyn
5.3.5. Cardiology
5.3.6. Urology
5.3.7. Others
5.4. Market Attractiveness Analysis By Application

6. U.K. Private Healthcare Market Analysis 2012–2016 and Forecast 2017–2025, By End User
6.1. Introduction/Key Findings
6.2. Historical Market Size (US$ Mn) Trend Analysis By End User, 2012–2016
6.2.1. International Tourists
6.2.2. NHS Referrals & PMI
6.2.3. Self-pay Individuals

6.3. Market Size (US$ Mn) Forecast By End User, 2017–2025
6.3.1. International Tourists
6.3.2. NHS Referrals & PMI
6.3.3. Self-pay Individuals
6.4. Market Attractiveness Analysis By End User

7. U.K. Private Healthcare Market Analysis 2012–2016 and Forecast 2017–2025
7.1. Market Size and Y-o-Y Growth
7.2. Absolute $ Opportunity
7.3. Market Dynamics
7.3.1. Drivers
7.3.2. Restraints
7.3.3. Opportunities
7.3.4. Trends

Full Report@ https://www.persistencemarketresearch.com/market-research/uk-private-healthcare-market.asp

ABOUT US:
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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