Forecast: Healthcare Expenditure on Long-Term Care in the UK

The forecasted healthcare expenditure on long-term care in the UK as a percentage of total current health expenditure shows a slight year-on-year increase: 17.96% in 2024 to 18.01% in 2028. In 2023, this stood at 17.95%. Comparing recent years, there has been a minimal incremental variation, with an average annual increase (CAGR) of roughly 0.07% over the past five years. This steady upward trend suggests a gradual but consistent rise in long-term care expenditure.

Future trends to watch for include the impact of an aging population and evolving healthcare needs, potential policy changes affecting funding, and advancements in long-term care technology and service delivery, which may further influence expenditure patterns.

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