The number of hospitals in the UK in 2023 stood at 2.03 thousand establishments, indicating a growth of 1.65% compared to 2022. Year-on-year variations for the last two years show a growth trend, with a 0.25% increase from 2021 to 2022 and a 1.65% increase from 2022 to 2023. Over the longer term, the Compound Annual Growth Rate (CAGR) from 2018 to 2023 has been a modest 1.27%. Future forecasts predict a steady growth, with the number of hospitals reaching 2.12 thousand by 2028, guided by a 5-year CAGR of 0.6% and an overall growth rate of 3.02% over the forecasted period.
Future trends to watch for:
- Technological advancements and digital transformations within the healthcare sector.
- Potential impacts of governmental policies and funding trends.
- Changes in demographic trends, especially an aging population, impacting healthcare demand and infrastructure.
- Integration of innovative healthcare models, such as telemedicine and outpatient services.