Despite rising demand for medical nursing home services from an ageing, ailing population, the Medical Nursing Homes industry has struggled financially in recent years. The economic downturn of 2008 cut into public and private budgets. The National Health Service (NHS), a leading industry financier, suffered budgetary cutbacks as part of government belt-tightening efforts. As a result, it upped pressure on industry operators to keep costs low despite unprecedented demand. Additionally, private households became increasingly reluctant to splurge on expensive health-care outlays in the face of financial insecurity.
Establishments in this industry provide medical care primarily to inpatients under the direct supervision of medical doctors. This industry excludes the provision of residential care services to the elderly and disabled which is the remit of another 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.