Latest report confirms dramatic slow down in UK private acute healthcare

LaingBuisson’s 5th edition of its Private Acute Healthcare market report says the market has slowed dramatically, contracting in real terms in 2017, highlighting a shift in market drivers including fewer international patients.

The UK private acute medical care hospitals and clinics market (the independent sector + NHS private patient services) was worth an estimated £5.78 billion in 2017.

Mixed market conditions were highlighted as real growth slowed from 4.2% in 2015 to just 2.5% in real terms during 2016 – and the market experienced a contraction in real terms, growing by just 0.6% in 2017.

While NHS demand for services flattened, embassies in the Gulf States/Middle East reduced their overseas spending, and medical cover payouts were softer, there remains a strong self-pay demand as a larger number of customers have been willing to pay for private acute medical care.

The Private Acute Healthcare market report focuses on the challenges and opportunities that current and future demand trends define for sector providers at a time when some trends have recently shifted significantly. Acute medical care providers are now evolving strategies to anticipate future demand behaviour, and LaingBuisson’s latest report provides valuable insight and analysis to support this.