(MENAFN- Ameliorate Digital Consultancy) The uk private medical services market refers to the market for healthcare services that are not provided by the National Health Service (NHS). These services include private consultations, diagnostic tests, elective surgeries, and other medical services that are paid for out-of-pocket or through private health insurance.
The UK private medical services market is driven by various factors such as the increasing demand for faster access to healthcare services, the growing aging population, and the rising burden of chronic diseases.
Persistence Market Research forecasts the U.K. private healthcare market to grow from more than US$ 11,600 Mn in 2016 to over US$ 14,000 Mn by 2025 end. This represents a CAGR of 2.8% over the forecast period.
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The UK private medical services market is driven by several factors, including an aging population, rising demand for higher quality medical care, and increasing patient expectations for timely and personalized medical services. The market is also driven by the increasing prevalence of chronic diseases, which require long-term management and care.
The private medical services market in the UK is highly competitive, with several major players operating in the space. These include private hospital groups, clinics, and independent practitioners. Private hospital groups are the largest players in the market, with a significant market share due to their ability to offer a wide range of medical services and facilities.
Companies
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 Vein Centre Limited
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The private medical services market in the UK is segmented by service type, including inpatient care, outpatient care, diagnostic services, and medical equipment sales. Inpatient care is the largest segment of the market, as it includes surgical procedures and hospital stays. Outpatient care, which includes consultations, tests, and minor procedures, is the second-largest segment of the market.
The diagnostic services segment of the market includes medical imaging, pathology, and laboratory services. This segment is growing rapidly due to the increasing demand for diagnostic tests and imaging services. The medical equipment sales segment includes the sale of medical devices and equipment used in private medical facilities.
One of the key trends in the UK private medical services market is the increasing use of digital health technologies, such as telemedicine, remote monitoring, and digital health records. These technologies are improving patient access to medical care and enabling healthcare providers to deliver more personalized and efficient medical services.
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Market Taxonomy
| By Service Type | Private Acute Care Hospitals Private Patient Care Clinics Private Specialist Services Private Diagnostics and Imaging Centers Private Urgent Care Centers Others |
| By Application | Trauma and Orthopedics General Surgery Oncology Maternity and OB-Gyn Cardiology Urology Others |
| By End User | International Tourists NHS Referrals & PMI Self-pay Individuals |
| By Country | |
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Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.
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