Future demand
The projected data from 2023 to 2029 reveals differing rates of increase between the number of WCC residential and nursing care packages and the over-65 population. During this period, the 65+ population is anticipated to expand by 13%. In contrast, Warwickshire’s residential care packages are expected to grow by 4%, while nursing care packages are projected to increase by 9%.
These projections indicate that the growth in the number of individuals receiving support from WCC to transition to care homes is not aligning with the overall population growth. Instead, current trends indicate varying demands for residential and nursing beds.
The challenges posed by the COVID-19 pandemic has further complicated our ability to predict future trends. Significant drops in occupancy levels during the pandemic, followed by increased demand in recent times, have made forecasting more complex. Consequently, we remain committed to collecting regional and national data and collaborating with providers to gain insights into demand trends. This collaborative effort will help us determine the appropriate level of investment and development needed for our market.
