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Sunday, September 03, 2006

US Psychiatric Hospital Market and Business Trends

USA PSYCHIATRIC HOSPITALS.

USA Psychiatric Hospitals (SIC 8063) NAICS 622210

Market Value The USA psychiatric hospitals market shrank by 3.6% in 1999, to reach a value of $4,446.0 million.

Market Sectors Profit-making is the largest sector of the USA psychiatric hospitals market, representing 87.5% of the market in value terms.

Market Shares The top three competitors in the USA psychiatric hospitals market (Community Psychiatric, Columbia/HCA and Ramsay Health Care) are predicted to account for 6.2% of the market between them.

Market Forecasts In 2004, the USA psychiatric hospitals market is forecast to reach $3,458.8 million, a decrease of 22.2% since 1999.

MARKET VALUE

The USA psychiatric hospitals market shrank by 3.6% in 1999, to reach a value of $4,446.0 million.

The compound annual rate of change of the market in the period 1994-1999 was -2.1%.

The largest fall in the market came in 1996, when the market shrank by 2.2%.

Table 1: USA Psychiatric Hospitals Market Value: $Mn, 1994-1999


Market Value $ Mn % Growth

1994 4,945.0
1995 4,871.0 -1.5%
1996 4,763.0 -2.2%
1997 4,692.0 -1.5%
1998 4,613.2 -1.7%
1999 4,446.0 -3.6%

CAGR, 1994-1999: -2.1%
MARKET SECTORS
Profit-making is the largest sector of the USA psychiatric hospitals market, representing 87.5% of the market in value terms.
The largest three sectors in the USA psychiatric hospitals market (Profit-making, Secular non-profit and Catholic) account for 99.8% of the total market.
Other religious is the smallest sector of the USA psychiatric hospitals market considered, attributable for 0.2% of the market in value terms.
Table 2: USA Psychiatric Hospitals Market Segmentation by
Value: % Share, 1999

Sector % Share

Profit-making 87.5%
Secular non-profit 7.8%
Catholic 4.5%
Other religious 0.2%

Total 100.0%
MARKET SHARES
The top three competitors in the USA psychiatric hospitals market (Community Psychiatric, Columbia/HCA and Ramsay Health Care) are predicted to account for 6.2% of the market between them. Community Psychiatric products are predicted to account for the largest share of the USA psychiatric hospitals market, with 2.6% of the market in value terms.
The market is relatively fragmented, with the 'Others' segment predicted to account for over one-third of the market (92.0%).
Table 3: USA Psychiatric Hospitals Market Shares: % by Value, 1999e

Company % Share

Charter Medical Corp. 6.8%
Community Psychiatric 2.6%
Columbia/HCA 2.5%
Ramsay Health Care 1.1%
Healthcare America 0.9%
Universal Health Services 0.9%

Others 92.0%

Total 100.0%
MARKET FORECASTS
In 2004, the USA psychiatric hospitals market is forecast to reach $3,458.8 million, a decrease of 22.2% since 1999.
The compound annual rate of change of the USA psychiatric hospitals market over the period 1999-2004 is predicted to be -4.9%.
Table 4: USA Psychiatric Hospitals Market Value Forecasts:
$Mn (1998 Prices), 1999-2004

Market Value $ Mn (1998 Prices) % Growth

1999 4,446.0 -3.6%
2000 4,264.0 -4.1%
2001 4,059.0 -4.8%
2002 3,843.0 -5.3%
2003 3,669.3 -4.5%
2004 3,458.8 -5.7%

CAGR, 1999-2004: -4.9%




US FACILITIES SUPPORT SERVICES.
(Industry Overview)(Statistical Data Included)(Brief Article)


Full Text: COPYRIGHT 1998 Datamonitor
EXECUTIVE SUMMARY
US Facilities Support Services (SIC 8744)
Market Value The US facilities support services market grew by 3.5% in 1997, to reach a value of $7,778.0 million.
Market Shares The top three competitors in the US facilities support services market (Corrections Corp. of America, Wackenhut Corrections Corp. and Corporation Concept Inc.) account for 64.7% of the market between them.
Wackenhut Corp In 1996, revenues for Wackenhut Corp grew by 6.6% on the previous year's level, to reach $796.7 million.
Market Forecasts In 2003, the US facilities support services market is forecast to reach $9,224.4 million, an increase of 13.5% since 1998.
MARKET VALUE
The US facilities support services market grew by 3.5% in 1997, to reach a value of $7,778.0 million.
The compound annual growth rate of the market in the period 1993-1997 was 3.9%. The strongest growth was in 1994, when the market grew by 4.2%.
Table 1: US Facilities Support Services Market Value: $Mn, 1993-1997

Market Value $ Mn % Growth

1993 6,668
1994 6,948 4.2%
1995 7,233 4.1%
1996 7,515 3.9%
1997 7,778 3.5%
1998e 8,065 3.7%

CAGR, 1993-1997: 3.9%
WACKENHUT CORP
In 1996, revenues for Wackenhut Corp grew by 6.6% on the previous year's level, to reach $796.7 million.
Over the same period, operating profit grew by 3.3% to reach a value of $15.8 million. This yielded an operating margin of 2.0%, compared to 2.0% in 1995.
Table 2: Wackenhut Corp Company Performance, 1993-1996

$ Mn Revenues Operating Profit Operating Margin

1993 630.3 3.4 0.5%
1994 664.2 6.2 0.9%
1995 747.7 15.3 2.0%
1996 796.7 15.8 2.0%
MARKET FORECASTS
In 2003, the US facilities support services market is forecast to reach $9,224.4 million, an increase of 13.5% since 1998.
The compound annual growth rate of the US facilities support services market over the period 1998-2003 is predicted to be 2.6%.
Table 3: US Facilities Support Services Market Value Forecasts: $Mn
(1997 Prices), 1998-2003

Market Value $ Mn (1997 Prices) % Growth

7778
1998 8,128 4.5%
1999 8,461 4.1%
2000 8,647 2.2%
2001 8,823 2.0%
2002 8,976 1.7%
2003 9,224 2.8%

CAGR, 1998-2003: 2.6%

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