The forecasted data indicates that total health expenditures in the UK will see a steady year-on-year increase from 2024 through 2028. Health expenditure per capita is projected to rise from $7.25 thousand in 2024 to $9.29 thousand in 2028. Compared to the previous year, the growth rates are 7.17% (2025), 6.56% (2026), 6.16% (2027), and 5.69% (2028). From 2023, where values stood at $6.81 thousand, the compound annual growth rate (CAGR) over the five-year period is estimated to be around 6.37%.
Future trends to watch for:
- Increased investment in medical technology and digital health solutions.
- Rising healthcare demands due to an aging population.
- Potential policy changes impacting healthcare funding and expenditure.