Moderate growth is the dominant trend in the UK Hospitals industry. Revenue is expected to rise at a compound annual rate of 1.1% over the five years through 2015-16. It is set to reach £70.6 billion in the current year following a 1.5% expansion. This growth has been stimulated by booming demand for the industry's services from an ageing, expanding population. Public expenditure on health care has risen to satisfy demand.
Through the National Health Service (NHS), the government is responsible for administering the lion's share of hospitals nationwide. As a result, the size of government grants that finance the NHS have a dramatic effect on total industry revenue.
Industry players provide medical, diagnostic and treatment services at both general and specialised hospitals. General hospitals include civilian and military hospitals, not-for-profit operations and university and prison hospitals. Specialised hospitals include mental health and substance abuse hospitals, hospitals for infectious diseases, maternity hospitals and sanatoriums. Medical nursing homes and ambulance transport services are not part of the industry.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.