In 2023, healthcare expenditure on residential long-term care facilities in the UK stood at a base level. Forecasted data indicates a year-on-year increase in spending from 2024 to 2028, with the values in Euros per capita rising steadily within this period. Specifically, the projected values for 2024 to 2028 demonstrate consistent growth, reflecting a positive trend in healthcare expenditure in this sector.
Year-on-year percentage variations show moderate annual increments:
- Between 2024 and 2025: Approximately 0.75% increase
- Between 2025 and 2026: Roughly 0.72% increase
- Between 2026 and 2027: About 0.70% increase
- Between 2027 and 2028: Around 0.68% increase
The Compound Annual Growth Rate (CAGR) over the last five years averages around 0.71%, indicating consistent and moderate growth in expenditure.
Future trends to watch for include potential impacts from demographic shifts such as an aging population, policy changes related to healthcare funding, technological advancements in healthcare delivery, and economic factors that may influence both public and private contributions to long-term care funding.
