MBD publishes a range of reports on the UK healthcare market. The trends in the residential and nursing care market are analysed in detail in this publication, The UK Residential Care Market Development, while the market for home care is covered in The UK Domiciliary Care Market Development 2013, both published by MBD.
Despite a significant increase in the number of adults aged 64 and under receiving social care in the last decade, growth in the elderly population remains a key driver of the UK’s residential care market
. Since 1931, the number of people aged over 65 has more than doubled. According to forecasts by the Office for National Statistics (ONS), the number of pensioners in Britain is set to increase by almost 30%
between 2010 and 2035, even taking into account planned rises in the state pension age. More significantly, the number of people aged over 85, who are both substantially more likely to need care and typically require more intense care, is expected to grow by 150% over the same period.
There are a number of sub-sectors of the residential care for the elderly market covered in this report:
Homes with nursing (previously known as dual registered homes) are defined as accommodation which is registered to provide residential care and nursing care.
Local authority residential homes, which are also known as Part III homes under the National Assistance Act 1948. Places are allocated through social workers/the social services department.
Nursing homes offer full-time nursing facilities. Government statistics no longer draw any distinction between nursing homes, which offer nursing care for all patients, and homes with nursing, which do not necessarily do so.
Private residential homes, which are operated by private individuals and companies. Those providing accommodation for four or more people are registered with the local authority under the Registered Homes Act 1984. Those premises caring for fewer people are registered with the local authority under the Registered Homes (Amendment) Act 1991.
Sheltered housing, which typically comprises self-contained accommodation specifically designed to cater for the needs of the elderly. Many schemes have a resident warden, while others utilise alarm facilities. Houses are either purchased or rented by the occupiers.
Voluntary residential homes, which are operated by charities and religious organisations and are registered with a local authority.
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