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Press Release: UK Domiciliary Care Market Development Report

Released: September 2010

After researching the UK domiciliaty care market development and taking into account various other factors the following conclusions can be drawn from MBD's report:

Market Review 2006-2010:

The UK market for domiciliary care is expected to increase by 2% to £54.84 billion in the current year, continuing the growth trend evident in recent years. Indeed, the value of the market increased during each year between 2006 and 2010, with annual levels of growth oscillating between 2% and 4%. Overall, demand is anticipated to increase by a cumulative 10% during the period under review. The positive market development is a partial reflection of Government initiatives to promote independent living, in line with continued emphasis of reducing demand for residential care through the provision of improved domiciliary services. Furthermore, the market has inevitably benefited from the demographic trend of an aging population in the UK.

Market Forecast 2011-2015:

The UK market for domiciliary care is anticipated to increase year-on-year between 2011 and 2015, culminating in overall real term growth of 20%. Annual levels of growth are expected to be moderate, fluctuating between 2% and 4%. In 2015, the value of the market is projected to reach £65.67 billion (at 2010 prices), representing an increase of 4% in the year. The market is expected to benefit from the demographic trend towards an ageing population and the social trend towards older people wanting to remain in their own homes.

Note to Editors:

MBD specialises in business to business market research. The range of reports and industries in which we operate in is constantly expanding (our portfolio comprises of more that 140 titles). All our reports are written by in-house market consultants.

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