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Residential Nursing Care in the UK Industry Market Research Report Now Updated by IBISWorld
Date:8/28/2013

's Panorama programme exposed care home abuse that stunned consumers. The scandal strengthened the government's resolve to reform the industry and introduced uncertainty over the extent of future intervention. Under new proposed policies, this already highly regulated industry would be exposed to more public interference. Some changes, like a care cost cap to be introduced in 2017, are sure to squeeze margins. Others, like new nursing labour laws, may ease costs and enhance service quality by making staff more affordable. The recent shake-up of the National Health Service (NHS), which handles public-sector spending on care services, is compounding the industry's woes, since it is currently unclear whether reform will help or hurt industry revenue.

The Residential Nursing Care industry exhibits a low level of market share concentration, since the top four organisations only account for 27.5% of industry revenue. The industry has fragmented over the past five years as new enterprises launched to meet rising demand. However, difficult operating conditions and high barriers to entry have kept enterprise growth fairly low relative to booming demand. Major companies include Four Seasons Health Care, BUPA Care Home and Barchester Healthcare.

For more information on the Residential Nursing Care industry, including latest industry trends, statistics, analysis and market share information, purchase the full report from IBISWorld, the nation’s largest publisher of industry research.

IBISWorld industry Report Key Topics

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