SEARCH   
MEMBER LOGIN    

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 offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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
Purchase to read more
Profit
Purchase to read more
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 Analysis Chapter

The multibillion-dollar Hospital Construction industry has faced challenging conditions over the past five years. From 2008 to 2013, revenue from hospital construction activities fell an estimated 4.3% per year on average to $27.1 billion. The industry includes private and public spending on hospital construction, including new building work, additions and alterations, reconstruction and major replacement work. The industry has faced a variety of challenges during the five-year period, largely stemming from the broader downturn in the construction sector... 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


View Sample
Quote
Select Clients