2024 General Medical & Surgical Hospitals Industry Research Report
General Medical & Surgical Hospitals - Market Size and Industry Forecast
The 2024 General Medical and Surgical Hospitals Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2019 to 2029 reflect industry trends and growth patterns. Revenues include both public and private companies in the general medical & surgical hospitals industry.
| Historical | Forecasted |
|---|
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|
| Market Size (Total Revenue) | 
|
| % Growth Rate |
| Number of Companies |
| Total Employees |
| Average Revenue per Company |
| Average Employees per Company |
Source: U.S. government financial data.Industry Revenue ($ Billions)
Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.
General Medical & Surgical Hospitals - Geographic Breakdown by U.S. State
Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for General Medical & Surgical Hospitals companies in the United States.
General Medical & Surgical Hospitals Revenue by State
Distribution by Company Size
| Company Size | All Industries | General Medical & Surgical Hospitals |
|---|
| Small Business (< 5 Employees) |
|
| Small Business (5 - 20) |
| Midsized Business (20 - 100) |
| Large Business (100 - 500) |
| Enterprise (> 500) |
General Medical & Surgical Hospitals - Income Statement (Average Financial Metrics)
Financial statement analysis determines averages for the following industry forces:
- Cost of goods sold
- Compensation of officers
- Salaries and wages
- Employee benefit programs
- Rent paid
- Advertising and marketing budgets
The report includes a traditional income statement from an "average" company (both public and private companies included).
| Industry Average | Percent of Sales |
|---|
| Total Revenue |
|
| Operating Revenue |
| Cost of Goods Sold (COGS) |
| Gross Profit |
| Operating Expenses |
| Operating Income |
| Non-Operating Income |
| Earnings Before Interest and Taxes (EBIT) |
| Interest Expense |
| Earnings Before Taxes |
| Income Tax |
| Net Profit |
Average Income Statement
Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
General Medical & Surgical Hospitals - Financial Ratio Analysis
Financial ratios allow a company's performance to be compared against that of its peers.
| Financial Ratio | Industry Average |
|---|
| Profitability Ratios |
|
| Profit Margin |
| ROE |
| ROA |
| Liquidity Ratios |
| Current Ratio |
| Quick Ratio |
| Activity Ratios |
| Average Collection Period |
| Asset Turnover Ratio |
| Receivables Turnover Ratio |
| Inventory Conversion Ratio |
General Medical & Surgical Hospitals - Product Mix
| Product Description | Description | Revenue
($ Millions) |
|---|
| Industry total |
|
| Patient care |
| All other patient care |
| Patient care - circulatory system |
| Patient care - musculoskeletal & connective tissue |
| Patient care - digestive system |
| Patient care - respiratory system |
| Patient care - injuries & adverse affects |
| Appropriations from general gov rev & intergovernmental transfers |
| Patient care - nervous system & sense organ disorders |
General Medical & Surgical Hospitals - Compensation and Salary Surveys
| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|
| Management Occupations | 4% |
|
| Chief Executives | 0% |
| General and Operations Managers | 0% |
| Healthcare Practitioners and Technical Occupations | 56% |
| Health Diagnosing and Treating Practitioners | 41% |
| Registered Nurses | 31% |
| Registered Nurses | 31% |
| Health Technologists and Technicians | 15% |
| Healthcare Support Occupations | 12% |
| Nursing, Psychiatric, and Home Health Aides | 8% |
| Nursing, Psychiatric, and Home Health Aides | 8% |
| Nursing Assistants | 7% |
| Office and Administrative Support Occupations | 13% |
Government Contracts
In the past, the federal government spent an annual total of
$1,067,556,857 on the general medical & surgical hospitals industry. It has awarded 15,682 contracts to 454 companies, with an average value of $2,351,447 per company.
General Medical & Surgical Hospitals and Adjacent Industries - Top Companies
| Company | Address | Revenue
($ Millions) |
|---|
|
