Industry Analysis & Industry Trends
Hospitals occupy an important place in the UK's health-care system by providing care for people with acute illness. Technological change, rising household incomes and an ageing UK population are all promoting demand for hospital services. The Hospitals industry is expected to generate revenue of £68.1 billion in 2012-13, an increase of 0.6% on 2011-12. The United Kingdom has only 389 hospital beds per 100,000 people, compared with the EU average of 590 beds per 100,000 people. Bed numbers have been falling for almost three decades because people are being treated much more quickly and medical advances have translated into fewer people visiting or staying in hospital.
Industry revenue is expected to increase by 2.1% per annum in the five years through 2012-13... purchase to read more
Industry Report - Industry Key Buyers Chapter
The industry is considered to exhibit high concentration, with the largest three operators accounting for about 87% of revenue. IBISWorld includes all NHS Hospital Trusts in England under the National Health Service banner as one player. The private hospital segment in the United Kingdom is relatively small, accounting for about 10% of total hospital activity, but it is concentrated... purchase to read more