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Hospitals in Prince Edward Island

Author.Name IBISWorld Canada Last Updated: March 2025 NAICS PE62211CA

Hospitals in Prince Edward Island industry analysis

Revenue for the Hospitals industry in Prince Edward Island is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while revenue for the national industry will likely grow at x.x% during the same period. The number of industry establishments has decreased an annualized -x.x% to x locations over the past five years. Industry employment has increased an annualized x.x% to x,xxx workers during the period, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, provincial industry revenue is expected to grow an annualized x.x% to $x.x billion, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to grow x.x% to x locations over the next five years. Industry employment is expected to increase an annualized x.x% to x,xxx workers during the outlook period, while industry wages likely increase x% to $x.x million.

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About the Hospitals in Prince Edward Island Market Research Report

What’s Included in the Hospitals in Prince Edward Island Market Research Report

Definition of the Hospitals in Prince Edward Island?

The Hospitals industry includes specialized healthcare facilities where medical professionals diagnose, treat and care for patients with various illnesses, injuries and medical conditions. Hospitals offer a wide range of medical services, including emergency care, surgeries, inpatient care, outpatient care and specialized treatments in various medical specialties such as cardiology, oncology, neurology and more.

What’s included in the Hospitals in Prince Edward Island?

The Hospitals in Prince Edward Island includes intensive care, rehabilitation care, laboratory services, surgical procedures and imaging services. Related terms covered in the Hospitals in Prince Edward Island industry report includes medical diagnostic or therapeutic services delivered to a patient who is not admitted to a hospital; also known as outpatient care, a freestanding, independent hospital that only offers surgery on an outpatient basis and an application of clinical medicine wherein medical information is transferred through interactive audiovisual media for medical consulting or remote medical procedures or examinations.

Industry Performance of the Hospitals industry in Prince Edward Island

Benchmark the Hospitals in Prince Edward Island industry performance with all PE Census Metropolitan Area and national performance.

Hospitals in Prince Edward Island

#10 in Highest Revenue 1.1% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Hospitals in Canada


Revenue (2024)
Annual Growth (2019-24)
Annual Growth (2024-29)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Hospitals industry in Prince Edward Island

See how key industry drivers, such as population, median houshold income, gross domestic product, total health expenditure, number of adults aged 65 and older and per capita disposable income are impacting Hospitals in Prince Edward Island

Prince Edward Island Economic Indicators

Population
Median Houshold Income
Gross Domestic Product

View more economic information in PE State Economic profile

Canada Key External Drivers

Total health expenditure
Number of adults aged 65 and older
Per capita disposable income

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Hospitals industry in Prince Edward Island

Access proprietary data on Census Metropolitan Area in the Hospitals in Prince Edward Island, such as Summerside. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Hospitals industry in Prince Edward Island

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Hospitals industry in Prince Edward Island in 2025?

The market size of the Hospitals industry in Prince Edward Island is $993.2m in 2025.

How many businesses are there in the Hospitals industry in Prince Edward Island in 2025?

There are 6 businesses in the Hospitals industry in Prince Edward Island, which has been declining at an average annual rate of -7.8% from 2020 to 2025.

Has the Hospitals industry in Prince Edward Island grown or declined over the past 5 years?

The market size of the Hospitals industry in Prince Edward Island has been growing at an average annual rate of 1.9% from 2020 to 2025.

How many employees in the Hospitals industry in Prince Edward Island in 2025?

There are 7,128 employees in the Hospitals industry in Prince Edward Island, which has been growing at an average annual rate of 1.2% from 2020 to 2025.