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Children's Specialty Hospitals - Industry Market Research Report

  • ID: 2629736
  • Report
  • August 2020
  • Region: Global
  • 44 pages
  • IBISWorld
Growing Up: Healthcare Reform is Expected to Spur Industry Expansion, Despite Medicaid Funding Threats

Children's Specialty Hospitals

Although children's specialty hospitals represent less than 5.0% of all hospitals in the United States, they are the backbone of the pediatric healthcare infrastructure. Due to the indispensable nature of services provided by these hospitals, demand for the Children's Specialty Hospitals industry has remained strong over the five years to 2019. Furthermore, children's hospitals benefit from a unique mix of revenue sources. Unlike adults, the vast majority of children have some type of health insurance coverage, either through their parents' private, employer-sponsored plans, Medicaid or the Children's Health Insurance Program. As a result, the number of uninsured children has fallen dramatically since 1987, further bolstering demand for and affordability of hospital services. Over the five years to 2024, the analyst projects that industry revenue will continue to grow. Demand for hospital services is expected to remain strong, driven by the rising prevalence of chronic conditions among school-aged children, such as asthma, obesity, diabetes and congenital anomalies.

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).

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

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ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization
MAJOR COMPANIES

OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY
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  • Children's Hospital of Philadelphia
  • Boston Children's Hospital
Note: Product cover images may vary from those shown

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