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Hospital Construction in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Hospital Construction Market Research Report | Specialist Engineering, Infrastructure & Contractors | Commercial & Institutional Buildings | May 2013

Building up: Revenue will rebound strongly due to healthcare reform and an aging population

IBISWorld’s Hospital Construction market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
McCarthy Holdings Inc. McCarthy Holdings Inc. market share
Turner Turner market share
Industry Statistics & Market Size
Revenue
$27bn
Annual Growth 08-13
-4.3%
Annual Growth 13-18
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Profit
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Employment
33,219
Businesses
3,277
Industry Analysis & Industry Trends

Over the next five years, the Hospital Construction industry is expected to enter into a recovery period. The implementation of the Patient Protection and Affordable Care Act will result in more than 32 million individuals gaining access to healthcare insurance coverage, driving up the demand for hospital services. Furthermore, the gradual aging of the US population will also result in greater demand for hospitals. Hospital construction will also benefit from low interest rates, which will enable lower borrowing costs for financing construction projects.... purchase to read more

Industry Report - Industry Locations Chapter

The location of hospital construction firms in the United States largely reflects the distribution of the population and each region's geographic size. Other factors include the age distribution of the population, birthrates and household incomes. The regions accounting for the largest share of industry activity include the Southeast, Plains and Great Lakes. The largest states in terms of industry establishments and employment are California, New York, Texas and Florida.

The Southeast region's share of establishments outpace its share of the US population, largely due to the consistent need for new hospitals or expansions and renovations of existing hospitals... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Hospital Construction Industry?

The industry includes operators that engage in new work, additions and reconstruction projects for hospitals. These include both private and public hospital construction projects.

Industry Products
Hospital general contractingHospital remodeling contractingHospital construction management and related services
 
Industry Activities
Private hospital construction and expansionPublic hospital construction and expansionHospital remodeling and renovationHospital construction management and related services


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