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.
Request to view table of content @
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. 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.
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.
Request Sample Report @
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.
Buy Uk Private Healthcare Market Report @
No comments:
Post a Comment