Research and Markets: Care Homes Construction Market Report - Overall Demand is Forecast to Reach around 438,000 by 2020, with Future Growth Sectors in Nursing and Dementia Care Homes.

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DUBLIN--(BUSINESS WIRE)--

Research and Markets(http://www.researchandmarkets.com/research/bddc12/care_homes_constru) has announced the addition of the "Care Homes Construction Market Report - UK 2012-2016" report to their offering.

AMA Research are pleased to announce the publication of the 1st Edition of a new report Care Homes Construction Market Report - UK 2012-2016 Analysis. The report should be of particular interest to care providers in the private and local authority sectors and construction/service companies involved in the long-term care sector.

The care home market and, in particular, the independent sector, is still relatively strong when compared to other sectors of the UK economy. There are approximately 21,000 care homes, nursing homes and residential homes providing adult and elderly care throughout the UK, of which the majority are operated by the independent sector (private for profit) or voluntary (not for profit) organisations.

The UK care home market is currently worth around 14bn, of which the private sector accounts for around 10bn and the public sector almost 4bn. It is estimated that the private long-term care sector will continue to experience steady growth over the next 5 years, increasing on average by around 5% per annum to reach a value of around 12.7bn by 2015.

The most significant change in the provision of residential care in the last 25 years or so has been the much greater involvement of the private sector, with a substantial growth in the number of mainly privately provided nursing home places replacing large numbers of NHS hospital beds for both geriatric and mental illness care.

The private care home market in the UK is very fragmented with several key players, but a large number of small providers. There are currently around 9,300 providers of care homes in the UK, of which around 78% own just one home.

Although 2011 has been a challenging year for the sector, demand for residential care still far outweighs supply and represents a significant opportunity for care home operators and constructors. Studies show that the care home market is booming, with an estimated 75% of people likely to need some form of social care during retirement and predictions are that extra 50,000 places will be needed in the next decade to satisfy demand in both the public and private care home sectors. Overall demand is forecast to reach around 438,000 by 2020, with future growth sectors in nursing and dementia care homes.

Key Topics Covered:

1. Introduction

2. Summary and Future Prospects

3. the Long-Term Care Sector in the Uk

4. Construction Market Overview

5. Building Programmes and Investment in the Care Sector

6. Construction Capability and Supply in the Long-Term Care Sector

Companies Mentioned:

  • Anchor Trust
  • Associated Care Facilities (ACF)
  • Building Construction Partnership (BCP)
  • Castleoak
  • Cornerstone
  • Galliford Try
  • GB Building Solutions
  • Gloucestershire Care Partnership
  • ISG
  • Leadbitter
  • Leonard Cheshire Disability
  • LNT Construction
  • Mansell
  • Methodist Homes (MHA)
  • Morgan Sindall
  • The Abbeyfield Society
  • The Orders of St John Care Trust
  • Wates
  • Willmott Dixon.

For more information visit http://www.researchandmarkets.com/research/bddc12/care_homes_constru

Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

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