Medico-Legal and Insurance Services market top £700 million
The UK Medico-Legal and Insurance Market (MLIS) is valued at over £700 million in terms of revenue and grew in 2017 by 6%, compared with 13% in 2016. While the market continues to expand, it is being put under more pressure by official moves to cut the number of low value personal injury cases, which has, for example, resulted in a cut in the value of Medco reports sales in 2017 compared with 2016.
The UK Medico-Legal and Insurance Market Briefing is the second edition of an annual IRN Legal Market Briefing from IRN Research and provides an overview of the market for medico-legal and insurance service. This market offers two main types of services to legal services providers, insurers and employers: Medical expertise (ME), i.e. medical expert witnesses and medico-legal report writing; and Rehabilitation and allied medical services (RAMS), i.e. medical services to rehabilitate and help an injured or ill individual.
The report discusses the key drivers of the market from medical, economic and legal perspectives and profiles a number of key companies active in the industry. It also outlines how legal and other changes will shape the market in the future.
The briefing (79pp, PDF), is available directly from IRN Research, priced at £190/€213/US$264. UK sterling price is plus VAT so total price is £228.