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U.K. Private Healthcare Market estimated to surge ahead at a CAGR of 2.8% to reach a Revenue of US$ 14 Bn by the end of 2025

04-21-2023 07:03 AM CET | Health & Medicine

Press release from: Persistence Market Research

The private healthcare market in the United Kingdom (UK) is a rapidly growing industry, with a wide range of services offered by private hospitals and clinics. Private healthcare is often sought after by those who wish to avoid long waiting times and benefit from better facilities, services, and amenities. In recent years, the UK private healthcare market has experienced significant growth, driven by factors such as an ageing population, increasing healthcare costs, and rising demand for specialized healthcare services.

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One of the key drivers of the UK private healthcare market is the increasing demand for elective surgeries and procedures. Private healthcare providers offer patients the opportunity to access these services without having to wait for extended periods of time. The National Health Service (NHS) in the UK has long waiting times for many procedures, and private healthcare providers can help to bridge this gap by providing more timely access to healthcare services.

Another factor driving the growth of the UK private healthcare market is the ageing population. As the population ages, there is a greater demand for healthcare services, and many elderly individuals opt for private healthcare to ensure they receive the best possible care. Additionally, as the population ages, there is a greater demand for specialized healthcare services such as cancer treatment, orthopaedic surgery, and cardiovascular procedures.

Companies
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

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The UK private healthcare market is also seeing increased demand for digital health services, such as telemedicine and virtual consultations. These services allow patients to access healthcare remotely, which is especially important in the wake of the COVID-19 pandemic, which has made it more difficult for patients to access healthcare in person.

However, the UK private healthcare market is not without its challenges. One of the main challenges is the high cost of private healthcare services, which puts them out of reach for many individuals. Additionally, private healthcare providers have been criticized for cherry-picking low-risk patients and leaving the NHS to care for those who are more complex or require emergency treatment.

In conclusion, the private healthcare market in the UK is a rapidly growing industry that provides a range of services to patients who are seeking more timely access to healthcare and specialized services. The market is highly competitive, with several major players operating in the industry. While there are challenges associated with the cost of private healthcare and the potential for cherry-picking, the market is expected to continue growing in the coming years as demand for healthcare services continues to increase.

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Market Taxonomy

By Service Type
Private Acute Care Hospitals
Private Patient Care Clinics
Private Specialist Services
Private Diagnostics and Imaging Centers
Private Urgent Care Centers
Others

By Application
Trauma and Orthopedics
General Surgery
Oncology
Maternity and OB-Gyn
Cardiology
Urology
Others

By End User
International Tourists
NHS Referrals & PMI
Self-pay Individuals

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About Us

Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.

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