2024 General Medical & Surgical Hospitals Industry Statistics 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.

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)

Industry Market Size
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023

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

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesGeneral 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:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent 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

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits



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 RatioIndustry Average
Profitability Ratios


Profit Margin
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 DescriptionDescriptionRevenue
($ 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

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations4%


Chief Executives0%
General and Operations Managers0%
Healthcare Practitioners and Technical Occupations56%
Health Diagnosing and Treating Practitioners41%
Registered Nurses31%
Registered Nurses31%
Health Technologists and Technicians15%
Healthcare Support Occupations12%
Nursing, Psychiatric, and Home Health Aides8%
Nursing, Psychiatric, and Home Health Aides8%
Nursing Assistants7%
Office and Administrative Support Occupations13%

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

($ Millions)


General Medical & Surgical Hospitals Industry Research
GeographyUnited States  
Publication DateJuly 2024
Report FormatPDF Download  PDF

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