Special care: Healthcare reform will spur growth, despite Medicaid funding threats

IBISWorld’s Industry Market Report on Children's Specialty Hospitals is a comprehensive guide to market size and growth prospects. Ensure due diligence in your research with our strategic analysis of the factors influencing companies, including new product developments; economic, lifestyle and demographic influences; distribution and supply chain factors; and pricing issues.


Industry Threats & Opportunities

  • Rising prevalence of chronic conditions among school-aged children will keep demand strong
  • Competition from other healthcare service providers has risen, limiting profit
  • The PPACA will continue to support industry demand by raising the number of insured patients

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    Industry Analysis & Industry Trends

    Due to the indispensable nature of services provided by specialty children's hospitals, industry demand has remained strong over the past five years. Nevertheless, the industry faced some headwinds along the way. A number of states continue to pressure the Medicaid program locally, thus exposing the industry to potential reimbursement risks. In addition, the ongoing shortage of physicians and nurses is causing hospitals to incur high labor costs. Over the next five years, the industry will benefit from an influx of previously uninsured people who will gain healthcare coverage due to healthcare reform...

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    Industry Report - Industry Locations Chapter

    Children's hospitals are located in all states and territories, reflecting the industry's highly fragmented nature. Children's hospitals are primarily located in areas of dense population, so the spread of establishments is similar to the spread of the American population. The four regions that encompass the greatest percentages of children's hospital facilities include the Southeast (29.0% of establishments), the Southwest (22.9%), the Great Lakes (12.9%), and the Mid-Atlantic (11.7%) regions of the United States. Together these four regions account for 76.5% of total establishments. In addition to being located near population centers, children's hospitals are generally also established in conjunction with higher education institutions. Bos..

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    Additional Insights for the Children's Specialty Hospitals Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Children's Specialty Hospitals Industry are

  • Access to highly skilled workforce
  • Recommendation/accreditation from authoritative source
  • Proximity to key markets
  • IBISWorld analysts also discuss how external factors such as Federal funding for Medicare and Medicaid and Number of people with private health insurance in the Children's Specialty Hospitals industry impact industry performance..

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    Industry Products

    What is the Children's Specialty Hospitals Industry?

    This industry includes hospitals that provide diagnostic and medical treatment (surgical and nonsurgical) to inpatients who are typically aged 21 and younger. These hospitals treat a specific type of disease or medical condition (except psychiatric conditions or substance abuse), maintain inpatient beds and provide patients with food services and other services (e.g. outpatient services, X-ray services, laboratory services, operating room services and pharmacy services).

    Industry Products
    Cardiology and CT surgery services
    General pediatric services
    Neonatology services
    General surgery services
    Critical care and anesthesia services
    Other services
    Industry Activities
    Inpatient care
    Outpatient care
    Operating room services
    Diagnostic X-ray services
    Clinical laboratory services

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Federal funding for Medicare and Medicaid
  • Number of people with private health insurance
  • Number of births
  • Per capita disposable income

  • Current Performance
  • Industry headwinds and tailwinds
  • Consolidation continues
  • Shortage of physicians and nurses
  • Chart: Revenue Growth

  • Industry Outlook
  • Changing landscape
  • Ongoing shortage of medical personnel
  • Table: Children's Specialty Hospitals Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Children's Specialty Hospitals Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Health & Medical Insurance
  • Health & Welfare Funds
  • Consumers

  • Key Selling Industries
  • Brand Name Pharmaceutical Manufacturing
  • Diagnostic & Medical Laboratories
  • Generic Pharmaceutical Manufacturing
  • Medical Instrument & Supply Manufacturing
  • Medical Supplies Wholesaling
  • Primary Care Doctors
  • Specialist Doctors
  • Waste Collection Services

  • Products & Services
  • Other services
  • Cardiology and CT surgery services
  • General pediatric services
  • Neonatology services
  • Oncology
  • General surgery services
  • Critical care and anesthesia services
  • Chart: Children's Specialty Hospitals Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Private health insurance
  • Medicaid
  • Other
  • Out-of-pocket expenditures
  • Chart: Major Market Segmentation for the Children's Specialty Hospitals Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Provision for doubtful accounts
  • Purchases and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Children's Specialty Hospitals

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Children's Specialty Hospitals Industry

  • Industry Globalization
    Major Companies
    Children's Hospital of PhiladelphiaBoston Children's HospitalChildren's Medical Center of Dallas
  • Table: Children's Hospital of Philadelphia - financial performance
  • Table: Boston Children's Hospital - financial performance
  • Table: Children's Medical Center of Dallas - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Children's Specialty Hospitals Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Children's Specialty Hospitals Industry
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Federal funding for Medicare and Medicaid (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Accountable Care Organizations
  • Groups of physicians, hospitals and other healthcare providers that provide coordinated care to their patients.
  • Inpatient
  • Admitted patients who say overnight or longer.
  • Outpatient
  • A patient admitted to a hospital, clinic or associated facility for diagnosis or treatment and released the same day.
  • Pediatrics
  • The branch of medicine dealing with children and their diseases.
  • Why buy this report?

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    • Inform your decisions for marketing, strategy and planning
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    This report on Children's Specialty Hospitals:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Children's Specialty Hospitals market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Children's Specialty Hospitals, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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