Hospitals in Texas - Industry Market Research Report

  • ID: 4578291
  • Report
  • Region: Texas
  • 26 pages
  • IBISWorld
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Slow recovery: Industry demand has grown faster than the number of hospitals in Texas

Hospitals in Texas

Much like the national Hospitals industry, the Texas industry has grown steadily over the past five years, as demand for healthcare services has risen. The Patient Protection and Affordable Care Act, which was passed prior to the five-year period, has drastically boosted demand for healthcare over the past five years by expanding insurance coverage. However, while demand for hospital services has grown over the past five years, the number of hospitals in Texas has grown slowly. This slow growth is mainly due to Texas has a concentrated Hospitals industry with several large well-established healthcare networks. This concentration has made it slightly difficult for new hospitals to enter the industry in Texas. However, it has also enabled large companies to expand their operations to meet the needs of the state's population. Over the next five years, revenue is expected to grow at the same pace as the previous period. Looking forward, the effects of the PPACA are expected to slow in Texas, as the number of people with private health insurance in Texas is projected to grow at a slower rate over the next five years.

This industry includes operators licensed as general medical and surgical hospitals that provide surgical and nonsurgical diagnostic and medical treatment to inpatients. Hospitals maintain inpatient beds and usually provide other services, including outpatient, operating room and pharmacy services. The industry excludes psychiatric and other specialty hospitals.

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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  • Houston Methodist Hospital
  • University of Texas Southwestern Medical Center
  • Baylor
  • Scott and White Health
  • Memorial Hermann-Texas Medical Center
  • Medical City Dallas Hospital
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