Private Healthcare Industry Analysis in United Kingdom

Private Healthcare Demand Outlook for United Kingdom (2024 to 2034)

Revenue from private healthcare services in the United Kingdom is calculated at US$ 14.22 billion for 2024. The United Kingdom market is foreseen to register a CAGR of 2.9% and reach a value of US$ 18.74 billion by the end of 2034.

The United Kingdom possesses one of the most advanced healthcare systems and is constantly adopting new technologies. Private healthcare services in the country are segmented into National Health Service (NHS), international tourists, and self-pay Individuals. NHS is basically financed through tax and national insurance contributions. The supportive government healthcare policies are aiding the United Kingdom market growth.

The government is investing heavily in the advancement of healthcare infrastructure. The rising popularity of European healthcare facilities and presence of skilled healthcare professionals is attracting many international patients. The majority of individuals in the United Kingdom opt for NHS for medical needs while rest rely on private healthcare with medical insurance coverage availability. Private medical insurance aids patients to take additional healthcare benefits and services compared to government-funded healthcare systems. Rising geriatric population is driving the demand for advanced home healthcare services.

• NHS Referrals & PMI is estimated to hold 78.9% of the United Kingdom market share in 2024.

Report Attributes	Details
Revenue from Private Healthcare in United Kingdom (2024E)	US$ 14.22 Billion
Forecasted Market Value (2034F)	US$ 18.74 Billion
Demand Growth (2024 to 2034)	2.9% CAGR
Market Share of Trauma and Orthopedics Segment (2024E)	30.4%
Private Specialist Service Demand Growth (2024 to 2034)	3.5% CAGR
Key Companies Profiled	BMI Healthcare; Aspen Healthcare; Bupa Cromwell Hospital Care; Funding Circle Holdings Plc.; HCA Management Services, L.P.

What is the Market Situation for Private Healthcare in the United Kingdom?

“Digital Transformation Improving Working Cycle of NHS”

Complexity and structure of NHS is driving the demand for advanced and digital healthcare infrastructure. The government is focusing on digitalization considering the challenges faced by NHS structure. The adoption of digital technologies has gained some momentum during the pandemic period and is expected to witness the same approach throughout the forecast period.

The United Kingdom in a well-developed market and is offering lucrative growth opportunities for several medical technology providers. New medicine device and technology suppliers are finding ways such as contact generation to establish themselves in the market.

Innovation is set to boost the NHS ability to quick diagnosis and deliver better results. The integration of artificial intelligence in the healthcare sector is offering effective results.

• The Brainomix Company uses its solution to scan the brain of patient who has had strokes. This helps doctors with diagnosis and aids to take effective treatment decision. The company’s solution uses AI for brain scanning. Brainomix 360 stroke is a CE-marked and FDA-cleared platform allowing patients to get the right treatment at right time and place.

What’s Impacting Revenue Growth of Private Healthcare Service Providers?

“Inflation Concerns and Russia-Ukraine Conflict”

The Russia-Ukraine conflict and inflation concerns in the United Kingdom are expected to have negative influence on the profits of key market players. The Russia-Ukraine conflict is leading to surge in fuel costs and a confidence-led recession. With rising inflation concerns UK households are expected to witness drop in spending power, contributing to overall market growth.

Category-wise Analysis

According to Fact.MR, a market research and competitive intelligence provider, the private acute care hospitals are projected to account for 54.6% of the United Kingdom market share by 2034. Growing prevalence of orthopedic cases and presence of advanced healthcare facilities are driving patients’ preference for taking treatment from the United Kingdom.

Why Do Patients Prefer Private Acute Care Hospital Services?

“Private Acute Care Hospitals Widely Opted for Due to Quick and Effective Patient Care”

Attribute	Private Acute Care Hospitals
Segment Value (2024E)	US$ 8.03 Billion
Growth Rate (2024 to 2034)	2.4% CAGR
Projected Value (2034F)	US$ 10.22 Billion

Private acute care hospitals are set to hold a major market share in 2024. These hospitals are different from public hospitals and freestanding psychiatric and rehabilitation hospitals. The patients stay in these hospitals for less time for any severe injury or disorder. The NHS provision of care to everyone is set to create a boom time in private healthcare in the United Kingdom. Quick access to diagnosis and treatment is driving the patients’ preference for private hospitals.

What is the Scenario for Trauma and Orthopedics Care?

“Presence of Cutting-Edge Medical Technologies and Professionals”

Attribute	Trauma and Orthopedics
Segment Value (2024E)	US$ 4.28 Billion
Growth Rate (2024 to 2034)	2.5% CAGR
Projected Value (2034F)	US$ 5.51 Billion

Most patients visit the United Kingdom for trauma and orthopedics due to the presence of advanced healthcare technologies. The United Kingdom is well-known for its innovations in healthcare sector. The advancing medical industry coupled with skilled healthcare professionals is contributing to the overall market growth. Furthermore, the favorable reimbursement policies and low taxes are expected to drive the attention of target patients for treatment in the United Kingdom.

Competitive Landscape

Some of the private healthcare providers are BMI Healthcare, Aspen Healthcare, Bupa Cromwell Hospital Care, HCA Management Services, L.P. These healthcare providers are offering treatment facilities integrated with advanced technologies and medical staff. They are continuously adopting latest medical technologies for better treatment output. The existence of cutting-edge technologies is driving patients’ attention towards them for better treatment and care.

Fact.MR provides detailed information about the price points of key private healthcare providers positioned across the United Kingdom, sales growth, production capacity, and speculative technological expansion, in this new market report.

Segmentation of Private Healthcare Study in United Kingdom

• By Service Type :

  • Private Acute Care Hospitals
  • Private Patient Care Clinics
  • Private Specialist Services
  • Private Diagnostics & Imaging Centers
  • Private Urgent Care Centers
  • Others

• By Application :

  • Trauma & Orthopedics
  • General Surgeries
  • Oncology
  • Maternity & OB-Gyn
  • Cardiology
  • Urology
  • Others

• By End User :

  • International Tourists
  • NHS Referrals & PMI
  • Self-pay Individuals

• By Country :

  • United Kingdom