Health & Safety Industry Today

The UK Private Healthcare Market To Ruffle Healthy Feathers Between 2025

The UK Private Healthcare Market report by PersistenceMarketResearch throws light on the fact that the healthcare industry is more towards value-based care and continuous improvements based on the feedback. The mainstreaming of this practice is increasing all through. As such, the healthcare providers could make way for customized, lasting, and effective solutions to render utmost care to patients.
Published 29 April 2021
PersistenceMarketResearch, in its report entitled “The UK Private Healthcare Market”, paves the way for every technological advancement through which the healthcare industry is evolving. While preparing the report, every parameter has been considered – right from the inception of that particular thing in healthcare industry to the end-results and the role modern-day research and technology play therein. 

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).

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Company Profiles 

  • 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
  • Vein Centre Limited

Get To Know Methodology of Report @ https://www.persistencemarketresearch.com/methodology/16030

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.

PMR’s report titled “Private Healthcare Market: U.K. Industry Analysis, 2012 – 2016 and Forecast, 2017 – 2025” 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.

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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.

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.

Additional Excerpts of the Report Include:

  • 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.

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