Hospitals in New Zealand - Industry Market Research Report
Description
Hospitals in New Zealand
The Hospitals industry has grown over the past five years. The COVID-19 pandemic has had a mixed effect on industry revenue, with public hospitals requiring additional support and assistance through the COVID-19 pandemic. In contrast, private hospitals have faced reduced demand for elective surgeries as a result of the pandemic, weakening growth in the private sector. Overall, an increase in the number of New Zealanders aged over 50 has contributed to industry revenue growth over the period. Public hospitals operate as not-for-profit organisations, with surplus funds reinvested into the hospital. Conversely, private hospitals generate profit through the premiums paid by members. Industry revenue is expected to increase at an annualised 2.2% over the five years through 2022-23, to $22.9 billion. This trend includes growth of 1.0% in the current year, with continued growth in public funding for hospitals and the return to more normalised output in the private sector.
Hospitals provide surgical, medical and diagnostic services, and continuous medical care for inpatients. Operators that provide both hospital facilities and training of medical and nursing staff are also included in the industry. Psychiatric hospitals are excluded from the industry.
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.
The Hospitals industry has grown over the past five years. The COVID-19 pandemic has had a mixed effect on industry revenue, with public hospitals requiring additional support and assistance through the COVID-19 pandemic. In contrast, private hospitals have faced reduced demand for elective surgeries as a result of the pandemic, weakening growth in the private sector. Overall, an increase in the number of New Zealanders aged over 50 has contributed to industry revenue growth over the period. Public hospitals operate as not-for-profit organisations, with surplus funds reinvested into the hospital. Conversely, private hospitals generate profit through the premiums paid by members. Industry revenue is expected to increase at an annualised 2.2% over the five years through 2022-23, to $22.9 billion. This trend includes growth of 1.0% in the current year, with continued growth in public funding for hospitals and the return to more normalised output in the private sector.
Hospitals provide surgical, medical and diagnostic services, and continuous medical care for inpatients. Operators that provide both hospital facilities and training of medical and nursing staff are also included in the industry. Psychiatric hospitals are excluded from the industry.
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.
Table of Contents
37 Pages
- TABLE OF CONTENTS
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
Search Inside Report
Pricing
Currency Rates
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