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Private Healthcare Market - Comprehensive Study Report & Recent Trends

Private Healthcare Market 2021 - Global Analysis and Forecasts by Type, Application, Regions, Trends, Growth and Market Size

  • Report ID : IMR-14562 |
  • Category : Healthcare  |
  • Published Date : March 2021 |
  • Format :   IMR Report Formats   IMR Report Formats   IMR Report Formats

Global Private Healthcare Market Overview

The global private healthcare market is estimated at USD 4.5 Trillion and is projected to reach a revised size of USD 5.4 Trillion by 2026, growing at a CAGR of 5.7% during the prediction period.

A privately run healthcare facility is referred to as private healthcare. Acute medical services, private medical benefits, long-term care, psychiatric care, and primary care are also examples of private healthcare. Personal medical insurance policies and out-of-pocket expenses are used to cover private healthcare. In the private healthcare industry, the long-term care sector is the biggest. In different countries, the private healthcare sector varies in terms of scale and obligations.

Private medical insurance, acute medical care, psychiatric care, primary care, and long-term care are among the services offered by private healthcare. Out-of-pocket funds and commercial medical insurance plans support private medical healthcare services. Among these various private healthcare markets, the long-term care sector is expected to become the largest in the global private healthcare industry. Depending on the region, the industry has different responsibilities and sizes. The private healthcare sector in many countries is highly fragmented due to the existence of several players. Several small players on the market are owned by health experts. However, in the coming years, the demand is expected to grow even further.

Private Healthcare Market Dynamics

Owing to increased demand for healthcare facilities, there has been a rise in the use of private healthcare in recent years. Some of the main factors driving the global private healthcare market's development include an aging population, enhanced reimbursement policies, and an increase in the prevalence of chronic diseases. Furthermore, a high degree of National Health Service (NHS) outsourcing, as well as the proliferation of new medical technology and therapies, is propelling the global private healthcare sector forward. However, high costs and a slowing economy are some of the major factors restricting the global private healthcare market's expansion.

The global private healthcare sector will benefit from increased medical tourism and shorter patient wait times. The demand for diagnostic treatment and care is on the rise in the global private healthcare sector.

Market Segmentation

By Type, Private Healthcare has been segmented into:

  • Private Acute Care Hospitals
  • Private Patient Care Clinics
  • Private Specialist Services
  • Private Diagnostics and Imaging Centers
  • Private Urgent Care Centers
  • Others

By Application, Private Healthcare has been segmented into:

  • Trauma and Orthopedics
  • General Surgery
  • Oncology
  • Maternity and OB-Gyn
  • Cardiology
  • Urology
  • Others

Regions and Countries Level Analysis:

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
  • Asia-Pacific (China, India, Japan, Southeast Asia etc.)
  • South America (Brazil, Argentina etc.)
  • Middle East & Africa (Saudi Arabia, South Africa etc.)

North America Dominates the Global Private Healthcare Market

Because of its massive aging population and rising rates of lifestyle-related diseases, North America dominates the global private healthcare sector. Asia, led by Europe, is projected to expand rapidly in the global private healthcare sector over the next five years. In the Asia-Pacific region, China and India are projected to be the fastest-growing private healthcare markets. Broad pools of patients increased healthcare awareness, and increased healthcare spending are some of the main driving factors for the private healthcare sector in developing countries. Furthermore, in developing nations, the government is unable to meet healthcare needs due to a lack of funding.

Players Covered in Private Healthcare market are :

  • Hospital of St John’s & St Elizabeth
  • Care UK
  • CIRCLE HOLDINGS PLC
  • BMI Healthcare
  • Nuffield Health
  • HCA Management Services
  • LP
  • Ramsay Health Care
  • Spire Healthcare Group plc
  • The London Clinic
  • Aspen Healthcare (A Sub Of Tenet Healthcare)
  • Bupa Cromwell Hospital
  • The Huntercombe Group
  • KIMS Hospital
  • 3fivetwo Group
  • London Welbeck Hospital
  • The Bournemouth Private Clinic Limited
  • Alliance Medical
  • King Edward VII's Hospital
  • The Private Clinic
  • Vein Centre Limited

Key Developments in the Private Healthcare Market

In countries such as India, the public healthcare system has been carrying the burden of the healthcare sector on its own for decades. However, managing the well-being of a nation with a population of about 150 million people has become complicated. As a result, the private healthcare sector is being embraced and encouraged with open arms in order to provide people with the best healthcare facilities at an affordable price. However, since the majority of the budget is spent on new technology and devices, maintaining the low price point becomes challenging. In September 2018, the Ayushman Bharat's policy was unveiled in India. This was at a time when the country was going through a significant transition. The government's insurance scheme has the potential to improve the lives of millions of people by lowering the cost of insurance.

Perkbox, a well-known employee engagement app, has partnered with Healix, a global healthcare services company. The key target was to improve its medical coverage by adding two more health insurance tiers. Any company will benefit from Perkbox Medical's assistance in lowering the cost of health insurance. It has accomplished its target by incorporating new policy advantages to provide excellent coverage in major industries. Throughout the claim process, it has also kept the cost factor in check.


Frequently Asked Questions :

  • A privately run healthcare facility is referred to as private healthcare.

  • The key players mentioned are Hospital of St John’s & St Elizabeth,Care UK,CIRCLE HOLDINGS PLC,BMI Healthcare,Nuffield Health,HCA Management Services, LP,Ramsay Health Care,Spire Healthcare Group plc,The London Clinic,Aspen Healthcare (A Sub Of Tenet Healthcare),Bupa Cromwell Hospital,The Huntercombe Group,KIMS Hospital,3fivetwo Group,London Welbeck Hospital,The Bournemouth Private Clinic Limited,Alliance Medical,King Edward VII's Hospital,The Private Clinic,Vein Centre Limited.

  • Acute medical services, private medical benefits, long-term care, psychiatric care, and primary care are also examples of private healthcare.

  • Some of the main factors driving the global private healthcare market's development include an aging population, enhanced reimbursement policies, and an increase in the prevalence of chronic diseases.

  • The global private healthcare market is estimated at USD 4.5 Trillion and is projected to reach a revised size of USD 5.4 Trillion by 2026, growing at a CAGR of 5.7% during the prediction period.

Table of Content

1. Market Overview of Private Healthcare
	1.1 Private Healthcare Market Overview
		1.1.1 Private Healthcare Product Scope
		1.1.2 Market Status and Outlook
	1.2 Private Healthcare Market Size by Regions: 2015 VS 2021 VS 2026
	1.3 Private Healthcare Historic Market Size by Regions (2015-2020)
	1.4 Private Healthcare Forecasted Market Size by Regions (2021-2026)
	1.5 Covid-19 Impact on Key Regions, Keyword Market Size YoY Growth (2015-2026)
		1.5.1 North America
		1.5.2 East Asia
		1.5.3 Europe
		1.5.4 South Asia
		1.5.5 Southeast Asia
		1.5.6 Middle East
		1.5.7 Africa
		1.5.8 Oceania
		1.5.9 South America
		1.5.10 Rest of the World
	1.6 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth
		1.6.1 Covid-19 Impact: Global GDP Growth, 2019, 2020 and 2021 Projections
		1.6.2 Covid-19 Impact: Commodity Prices Indices
		1.6.3 Covid-19 Impact: Global Major Government Policy
2. Covid-19 Impact Private Healthcare Sales Market by Type (2015-2026)
	2.1 Global Private Healthcare Historic Market Size by Type (2015-2020)
	2.2 Global Private Healthcare Forecasted Market Size by Type (2021-2026)
	2.3 Private Acute Care Hospitals
	2.4 Private Patient Care Clinics
	2.5 Private Specialist Services
	2.6 Private Diagnostics and Imaging Centers
	2.7 Private Urgent Care Centers
	2.8 Others
3. Covid-19 Impact Private Healthcare Sales Market by Application (2015-2026)
	3.1 Global Private Healthcare Historic Market Size by Application (2015-2020)
	3.2 Global Private Healthcare Forecasted Market Size by Application (2021-2026)
	3.3 Trauma and Orthopedics
	3.4 General Surgery
	3.5 Oncology
	3.6 Maternity and OB-Gyn
	3.7 Cardiology
	3.8 Urology
	3.9 Others
4. Covid-19 Impact Market Competition by Manufacturers
	4.1 Global Private Healthcare Production Capacity Market Share by Manufacturers (2015-2020)
	4.2 Global Private Healthcare Revenue Market Share by Manufacturers (2015-2020)
	4.3 Global Private Healthcare Average Price by Manufacturers (2015-2020)
5. Company Profiles and Key Figures in Private Healthcare Business
	5.1 Hospital of St John’s & St Elizabeth
		5.1.1 Hospital of St John’s & St Elizabeth Company Profile
		5.1.2 Hospital of St John’s & St Elizabeth Private Healthcare Product Specification
		5.1.3 Hospital of St John’s & St Elizabeth Private Healthcare Production Capacity, Revenue, Price and Gross Margin (2015-2020)
	5.2 Care UK
		5.2.1 Care UK Company Profile
		5.2.2 Care UK Private Healthcare Product Specification
		5.2.3 Care UK Private Healthcare Production Capacity, Revenue, Price and Gross Margin (2015-2020)
	5.3 CIRCLE HOLDINGS PLC
		5.3.1 CIRCLE HOLDINGS PLC Company Profile
		5.3.2 CIRCLE HOLDINGS PLC Private Healthcare Product Specification
		5.3.3 CIRCLE HOLDINGS PLC Private Healthcare Production Capacity, Revenue, Price and Gross Margin (2015-2020)
	5.4 BMI Healthcare
		5.4.1 BMI Healthcare Company Profile
		5.4.2 BMI Healthcare Private Healthcare Product Specification
		5.4.3 BMI Healthcare Private Healthcare Production Capacity, Revenue, Price and Gross Margin (2015-2020)
	5.5 Nuffield Health
		5.5.1 Nuffield Health Company Profile
		5.5.2 Nuffield Health Private Healthcare Product Specification
		5.5.3 Nuffield Health Private Healthcare Production Capacity, Revenue, Price and Gross Margin (2015-2020)
	5.6 HCA Management Services
		5.6.1 HCA Management Services Company Profile
		5.6.2 HCA Management Services Private Healthcare Product Specification
		5.6.3 HCA Management Services Private Healthcare Production Capacity, Revenue, Price and Gross Margin (2015-2020)
	5.7 LP
		5.7.1 LP Company Profile
		5.7.2 LP Private Healthcare Product Specification
		5.7.3 LP Private Healthcare Production Capacity, Revenue, Price and Gross Margin (2015-2020)
	5.8 Ramsay Health Care
		5.8.1 Ramsay Health Care Company Profile
		5.8.2 Ramsay Health Care Private Healthcare Product Specification
		5.8.3 Ramsay Health Care Private Healthcare Production Capacity, Revenue, Price and Gross Margin (2015-2020)
	5.9 Spire Healthcare Group plc
		5.9.1 Spire Healthcare Group plc Company Profile
		5.9.2 Spire Healthcare Group plc Private Healthcare Product Specification
		5.9.3 Spire Healthcare Group plc Private Healthcare Production Capacity, Revenue, Price and Gross Margin (2015-2020)
	5.10 The London Clinic
		5.10.1 The London Clinic Company Profile
		5.10.2 The London Clinic Private Healthcare Product Specification
		5.10.3 The London Clinic Private Healthcare Production Capacity, Revenue, Price and Gross Margin (2015-2020)
	5.11 Aspen Healthcare (A Sub Of Tenet Healthcare)
		5.11.1 Aspen Healthcare (A Sub Of Tenet Healthcare) Company Profile
		5.11.2 Aspen Healthcare (A Sub Of Tenet Healthcare) Private Healthcare Product Specification
		5.11.3 Aspen Healthcare (A Sub Of Tenet Healthcare) Private Healthcare Production Capacity, Revenue, Price and Gross Margin (2015-2020)
	5.12 Bupa Cromwell Hospital
		5.12.1 Bupa Cromwell Hospital Company Profile
		5.12.2 Bupa Cromwell Hospital Private Healthcare Product Specification
		5.12.3 Bupa Cromwell Hospital Private Healthcare Production Capacity, Revenue, Price and Gross Margin (2015-2020)
	5.13 The Huntercombe Group
		5.13.1 The Huntercombe Group Company Profile
		5.13.2 The Huntercombe Group Private Healthcare Product Specification
		5.13.3 The Huntercombe Group Private Healthcare Production Capacity, Revenue, Price and Gross Margin (2015-2020)
	5.14 KIMS Hospital
		5.14.1 KIMS Hospital Company Profile
		5.14.2 KIMS Hospital Private Healthcare Product Specification
		5.14.3 KIMS Hospital Private Healthcare Production Capacity, Revenue, Price and Gross Margin (2015-2020)
	5.15 3fivetwo Group
		5.15.1 3fivetwo Group Company Profile
		5.15.2 3fivetwo Group Private Healthcare Product Specification
		5.15.3 3fivetwo Group Private Healthcare Production Capacity, Revenue, Price and Gross Margin (2015-2020)
	5.16 London Welbeck Hospital
		5.16.1 London Welbeck Hospital Company Profile
		5.16.2 London Welbeck Hospital Private Healthcare Product Specification
		5.16.3 London Welbeck Hospital Private Healthcare Production Capacity, Revenue, Price and Gross Margin (2015-2020)
	5.17 The Bournemouth Private Clinic Limited
		5.17.1 The Bournemouth Private Clinic Limited Company Profile
		5.17.2 The Bournemouth Private Clinic Limited Private Healthcare Product Specification
		5.17.3 The Bournemouth Private Clinic Limited Private Healthcare Production Capacity, Revenue, Price and Gross Margin (2015-2020)
	5.18 Alliance Medical
		5.18.1 Alliance Medical Company Profile
		5.18.2 Alliance Medical Private Healthcare Product Specification
		5.18.3 Alliance Medical Private Healthcare Production Capacity, Revenue, Price and Gross Margin (2015-2020)
	5.19 King Edward VII's Hospital
		5.19.1 King Edward VII's Hospital Company Profile
		5.19.2 King Edward VII's Hospital Private Healthcare Product Specification
		5.19.3 King Edward VII's Hospital Private Healthcare Production Capacity, Revenue, Price and Gross Margin (2015-2020)
	5.20 The Private Clinic
		5.20.1 The Private Clinic Company Profile
		5.20.2 The Private Clinic Private Healthcare Product Specification
		5.20.3 The Private Clinic Private Healthcare Production Capacity, Revenue, Price and Gross Margin (2015-2020)
	5.21 Vein Centre Limited
		5.21.1 Vein Centre Limited Company Profile
		5.21.2 Vein Centre Limited Private Healthcare Product Specification
		5.21.3 Vein Centre Limited Private Healthcare Production Capacity, Revenue, Price and Gross Margin (2015-2020)
6. North America
	6.1 North America Private Healthcare Market Size (2015-2026)
	6.2 North America Private Healthcare Key Players in North America (2015-2020)
	6.3 North America Private Healthcare Market Size by Type (2015-2020)
	6.4 North America Private Healthcare Market Size by Application (2015-2020)
7. East Asia
	7.1 East Asia Private Healthcare Market Size (2015-2026)
	7.2 East Asia Private Healthcare Key Players in North America (2015-2020)
	7.3 East Asia Private Healthcare Market Size by Type (2015-2020)
	7.4 East Asia Private Healthcare Market Size by Application (2015-2020)
8. Europe
	8.1 Europe Private Healthcare Market Size (2015-2026)
	8.2 Europe Private Healthcare Key Players in North America (2015-2020)
	8.3 Europe Private Healthcare Market Size by Type (2015-2020)
	8.4 Europe Private Healthcare Market Size by Application (2015-2020)
9. South Asia
	9.1 South Asia Private Healthcare Market Size (2015-2026)
	9.2 South Asia Private Healthcare Key Players in North America (2015-2020)
	9.3 South Asia Private Healthcare Market Size by Type (2015-2020)
	9.4 South Asia Private Healthcare Market Size by Application (2015-2020)
10. Southeast Asia
	10.1 Southeast Asia Private Healthcare Market Size (2015-2026)
	10.2 Southeast Asia Private Healthcare Key Players in North America (2015-2020)
	10.3 Southeast Asia Private Healthcare Market Size by Type (2015-2020)
	10.4 Southeast Asia Private Healthcare Market Size by Application (2015-2020)
11. Middle East
	11.1 Middle East Private Healthcare Market Size (2015-2026)
	11.2 Middle East Private Healthcare Key Players in North America (2015-2020)
	11.3 Middle East Private Healthcare Market Size by Type (2015-2020)
	11.4 Middle East Private Healthcare Market Size by Application (2015-2020)
12. Africa
	12.1 Africa Private Healthcare Market Size (2015-2026)
	12.2 Africa Private Healthcare Key Players in North America (2015-2020)
	12.3 Africa Private Healthcare Market Size by Type (2015-2020)
	12.4 Africa Private Healthcare Market Size by Application (2015-2020)
13. Oceania
	13.1 Oceania Private Healthcare Market Size (2015-2026)
	13.2 Oceania Private Healthcare Key Players in North America (2015-2020)
	13.3 Oceania Private Healthcare Market Size by Type (2015-2020)
	13.4 Oceania Private Healthcare Market Size by Application (2015-2020)
14. South America
	14.1 South America Private Healthcare Market Size (2015-2026)
	14.2 South America Private Healthcare Key Players in North America (2015-2020)
	14.3 South America Private Healthcare Market Size by Type (2015-2020)
	14.4 South America Private Healthcare Market Size by Application (2015-2020)
15. Rest of the World
	15.1 Rest of the World Private Healthcare Market Size (2015-2026)
	15.2 Rest of the World Private Healthcare Key Players in North America (2015-2020)
	15.3 Rest of the World Private Healthcare Market Size by Type (2015-2020)
	15.4 Rest of the World Private Healthcare Market Size by Application (2015-2020)
16 Private Healthcare Market Dynamics
	16.1 Covid-19 Impact Market Top Trends
	16.2 Covid-19 Impact Market Drivers
	16.3 Covid-19 Impact Market Challenges
	16.4 Porter’s Five Forces Analysis
18 Regulatory Information
17 Analyst's Viewpoints/Conclusions
18 Appendix
	18.1 Research Methodology
		18.1.1 Methodology/Research Approach
		18.1.2 Data Source
	18.2 Disclaimer
Tables and figures
Table Main Market Activities by Regions
Table Market Revenue (M USD) and Growth Rate 2014-2019
Table Major Players
Table Market Revenue (M USD) and Growth Rate 2014-2019
Table Major Players
Table Market Revenue (M USD) and Growth Rate 2014-2019
Table Major Players
Table Market Revenue (M USD) and Growth Rate 2014-2019
Table Major Players
Table Market Revenue (M USD) and Growth Rate 2014-2019
Table Major Players
Table Major Production Market share by Players 2018
Table Major Revenue (M USD) Market share by Players 2018
Table Production Market share by Major Regions in 2014-2019
Table Production Market share by Major Regions in 2019-2021
Table Revenue (M USD) Market share by Regions in 2014-2019
Table Revenue (M USD) Market share by Regions in 2019-2021
Table Industry Supply chain Analysis
Table Raw material Prices Analysis 2014-2019
Table Raw material Suppliers Market Analysis
Table Manufacturing Equipment Suppliers Analysis
Figure Production Process Analysis
Figure Production Cost Structure
Table major End Users by Regions
Table Hospital of St John’s & St Elizabeth Information List
Figure Private Healthcare Picture, Specifications and Applications of Hospital of St John’s & St Elizabeth
Table Private Healthcare Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Hospital of St John’s & St Elizabeth 2018-2019
Figure Private Healthcare Sales Volume and World Market Share of Hospital of St John’s & St Elizabeth 2018-2019
Table Care UK Information List
Figure Private Healthcare Picture, Specifications and Applications of Care UK
Table Private Healthcare Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Care UK 2018-2019
Figure Private Healthcare Sales Volume and World Market Share of Care UK 2018-2019
Table CIRCLE HOLDINGS PLC Information List
Figure Private Healthcare Picture, Specifications and Applications of CIRCLE HOLDINGS PLC
Table Private Healthcare Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of 2018-2019
Figure Private Healthcare Sales Volume and World Market Share of CIRCLE HOLDINGS PLC 2018-2019
Table Business Locations
Figure Supply channels
Figure marketing strategy
Table Major Distributors and contact information by Regions
Table Major Customers and contact information by Regions
Table USA Supply, Import, Export, Consumption and Consumption Value (M USD)
Table Germany Supply, Import, Export, Consumption and Consumption Value (M USD)
Table China Supply, Import, Export, Consumption and Consumption Value (M USD)
Table Japan Supply, Import, Export, Consumption and Consumption Value (M USD)
Table India Supply, Import, Export, Consumption and Consumption Value (M USD)
Table World Demand by Regions Forecast Analysis of Private Healthcare (2019-2021)
Table World Price by Regions Forecast Analysis of Private Healthcare (2019-2021)
Table World Price by Types Forecast Analysis of Private Healthcare (2019-2021)
Table World Price by Applications Forecast Analysis of Private Healthcare (2019-2021)
Table World Revenue (M USD) by Regions Forecast Analysis of Private Healthcare (2019-2021)
Table World Revenue (M USD) by Types Forecast Analysis of Private Healthcare (2019-2021)
Table World Revenue (M USD) by Applications Forecast Analysis of Private Healthcare (2019-2021)
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