Industry Analysis & Industry Trends
Residential nursing care involves 24-hour nursing care for residents typically aged 75 years and older. Demand for residential nursing care is being promoted by an ageing of the population. The Residential Nursing Care industry is expected to generate revenue of £4.35 billion in 2012-13, representing about 3.5% of total health expenditure in the United Kingdom.
Industry revenue is expected to increase at an annualised 0.2% in the five years through 2012-13. Government budget austerity is resulting in declining local authority admissions and low increases in fees paid by the National Health Service (NHS) and local authorities to residential nursing care operators. This is being partially offset by growth in admissions of and fees paid by self-funded residents... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Residential Nursing Care industry exhibits a low level of concentration, with the top four organisations accounting for about 37% of industry revenue. The four 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 small operators... purchase to read more