Industry Analysis & Industry Trends
There is a statutory duty on local authorities to provide residential accommodation for people in need of care. The Elderly & Disabled Residential Care industry is expected to generate revenue of £7.1 billion in 2012-13, a decline of 2.5% from the previous year and representing about 40% of total expenditure on residential care in the United Kingdom.
Industry revenue is expected to decrease by an annualised 1.4% in the five years through 2012-13. There will be a decline in the number of residential care places for the elderly and people with disabilities, falling by about 0.2% per annum due to personal and government preferences for people to stay in their own homes for as long as possible... purchase to read more
Industry Report - Industry Key Buyers Chapter
This industry exhibits a low level of concentration, with the top four organisations accounting for about 5.5% of total industry revenue. The largest operators in this industry have grown through acquisition and hold large market share positions relative to other players, which include a large number of very small operators. However, it appears that larger players tend to concentrate on providing nursing care... purchase to read more