The decline in individual purchases of private health insurance and low health insurance payouts to clinics and hospitals will continue to negatively impact the UK private healthcare market. Also, the country has a well-defined public healthcare structure for its permanent residents.
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Depending on need, public health care is either subsidized or provided entirely free of charge and is usually paid for by general taxes. Persistence Market Research in its latest study shows that the UK private healthcare market will grow at a sluggish CAGR of 2.8% over the forecast period (2017-2025).
Additionally, this market is expected to represent an absolute $321.4M opportunity in 2018 vs. 2017. According to PMR results, the private healthcare sector in the UK is much smaller than the public sector. However, the country’s private healthcare sector is expected to be supported in the near future by an increase in voluntary self-pay procedures and the introduction of attractive package prices.
- St John’s & St Elizabeth Hospital
- Care UK
- CIRCLE HOLDINGS PLC
- BMI health
- Nuffield health
- HCA Management Services, LP
- Ramsay health care
- Spire Healthcare Group plc.
- The London Clinic
- Aspen Healthcare (a Tenet Healthcare company)
- Bupa Cromwell Hospital
- The Huntercombe Group
- KIMS Hospital
- 3fivetwo group
- London Welbeck Hospital
- The Bournemouth Private Clinic Limited
- Allianz Medical
- King Edward VII Hospital
- The private clinic
- Vein Center Limited
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The PMR report, entitled Private Healthcare Market: UK Industry Analysis, 2012 – 2016 and Forecast, 2017 – 2025, identifies some of the key trends shaping the UK private healthcare market under the influence of multiple factors. Leading private…