1、 deep dive into the state of healthcares ageing supplyHealthcare Development OpportunitiesHEALTHCARE DEVELOPMENT OPPORTUNITIES 20252The UK healthcare market continues to attract interest based on strong fundamental drivers such as the ageing population,secure income and consistency of returns.It is,

2、therefore,crucial to understand current and future supply levels.This year,we provide a deep analysis of the current state of supply and pipeline while considering the factors contributing to our annual development hotspots index.Spotlight on the UK care home supplyWe begin our analysis with Figure

3、1,which shows the evolution of bed supply.Since our last analysis,supply has grown by just 86 beds.Whilst this has been a combination of period adjustments and more in-depth analysis splitting out outright new beds instead of reopened ones,it suggests we still have some way to go in combating any fu

4、ture bed deficit.Even more noteworthy is that while bed supply has only grown 2.9%over the last decade,the over-65 population has grown by approximately 20.7%over the same period,demonstrating the flatness in supply growth.Figure 2 points to a continuation of the trend for greater deregistrations ov

5、er the last five years.This is because much of the deregistered stock consists of smaller and older assets,naturally replaced by newer,larger,purpose-built homes.It is also important to note that improvements in the data pool and sources have maintained the level of beds captured among the losses.Fi

6、gure 3 further assesses these deregistrations,suggesting that,on average,there is a leakage of approximately 1.3%of supply.Moving on to Figure 4,two key themes emerge.Firstly,the Midlands(both East and West)have attracted the most new beds regionally despite the second trend of us not building enoug