United Kingdom Hospital Market to reach USD 189.05 Billion by 2027

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Increasing geriatric population and rise in total healthcare expenditure of the United Kingdom are the major factors driving the growth of the United Kingdom Hospital Market in the forecast period, 2023-2027.

According to TechSci Research report, “United Kingdom Hospital Market – By Region, Forecast & Opportunities, 2017-2027, the United Kingdom Hospital market stood at USD 140.54 billion in 2021 and is forecasted to reach USD189.05 billion by 2027. This can be attributed to the growing number of elderly people in the United Kingdom.

The government has made a number of commitments in recent years to increase financing for the long-term needs of the underfunded National Health Service (NHS). For instance, the government stated in the Autumn Budget in November 2018 that from 2018–19 to 2023–24, the NHS budget will increase by £20.5 billion in real terms, or 3.3% annually, with capital funds designated for investment in buildings, infrastructure, and equipment. Another key trend attracting the United Kingdom Hospital market is the rise in the number of elderlies because of healthy nutritional habits, finer living conditions and better healthcare facilities and hence, prolonged life expectancies. Moreover, a decline in smoking rates and prohibition of smoking in public locations have led to a decrease in smoking-related diseases and therefore, mortalities. However, unwell staff during COVID-19 outbreak and constrained funding from NHS are just a few of the factors that hinder the growth of the United Kingdom Hospital market.


Browse over 20 market data Figures spread through 70 Pages and an in-depth TOC on United Kingdom Hospital Market

The United Kingdom Hospital market is segmented into ownership, type, type of services, bed capacity, region, and by company. Based on ownership, the market is bifurcated into public and private. Public held the largest market share of around 76.16% in 2021. This can be attributed to the dominance of NHS or National Health Service in the United Kingdom. In the first place, NHS is capitalized by general taxation. At the point of delivery, NHS care is free of cost, but certain fee is imposed for a few prescription medications and dental care.

Based on type of services, the market is divided into out-patient services and in-patient services. The out-patient services segment dominated the market in 2021 with a share of 51.39% and is anticipated to maintain its dominance during the forecast period. The rise in out-patient services is mainly due to less number of beds in the hospitals of United Kingdom. Furthermore, out-of-pocket expenses for hospital stays and additional charges for ICU treatment has led to an increased demand of outpatients in the country. In-patient services are preferred mainly for serious patients.

Based on regional analysis, Scotland accounted for the largest market share in the United Kingdom Hospital Market due to a high number of hospitals and a large number of patients. Moreover, Scottish hospitals recorded the highest level of COVID patients during the pandemic.

The leading companies operating in the United Kingdom Hospital Market are:

  • Spire Healthcare Group PLC
  • Fresenius SE & Co. KGaA
  • BUPA Cromwell
  • Mediclinic International PLC
  • HCA UK Services Ltd.
  • Circle Health Ltd.
  • Nottingham University Hospitals Nhs Trust
  • Kings College Hospital NHS Foundation Trust
  • Nuffield Health
  • The London Clinic Limited

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“A remarkable increment in the geriatric population of the United Kingdom due to better lifestyle and adoption of healthy habits along with a boost in healthcare expenditure has led to the growth of the United Kingdom Hospital market. When compared to other industrialized nations, healthcare spending in the UK is regarded as high. Since 2020, when the public healthcare system in the UK tackled the majority of the cost by responding to the COVID-19 pandemic, government spending on healthcare has increased at a faster rate. Additionally, private spending also increased throughout that time”, said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

United Kingdom Hospital Market By Ownership (Public v/s Private), By Type (General, Multispecialty, Specialty), By Type of Services (Out-Patient Services v/s In-Patient Services), By Bed Capacity (Above 500, 100-500, up to 100), By Region, Competition, Forecast & Opportunities, 2017-2027F”, has evaluated the future growth potential of United Kingdom Hospital market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in India pulse oximeter market.

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