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Hospitals in Newfoundland

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS NL62211CA

Hospitals in Newfoundland industry analysis

Revenue for the Hospitals industry in Newfoundland And Labrador is expected to grow an annualized x.x% to $x.x billion over the five years to 2025, while revenue for the national industry will likely grow at x.x% during the same period. The number of industry establishments has decreased an annualized -x.x% to xx locations over the past five years. Industry employment has decreased an annualized x% to x,xxx workers during the period, while industry wages have decreased an annualized -x.x% to $x.x billion.

Over the five years to 2030, provincial industry revenue is expected to grow an annualized x.x% to $x.x billion, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to stagnate x% to xx locations over the next five years. Industry employment is expected to increase an annualized x.x% to x,xxx workers during the outlook period, while industry wages likely increase x% to $x.x billion.

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About the Hospitals in Newfoundland Market Research Report

What’s Included in the Hospitals in Newfoundland Market Research Report

Definition of the Hospitals in Newfoundland?

The Hospitals industry includes specialized healthcare facilities where medical professionals diagnose, treat and care for patients with various illnesses, injuries and medical conditions. Hospitals offer a wide range of medical services, including emergency care, surgeries, inpatient care, outpatient care and specialized treatments in various medical specialties such as cardiology, oncology, neurology and more.

What’s included in the Hospitals in Newfoundland?

The Hospitals in Newfoundland includes intensive care, obstetric, pediatric and nicu care, other acute care, mental health and substance use care and rehabilitation care. Related terms covered in the Hospitals in Newfoundland industry report includes medical diagnostic or therapeutic services are delivered to patients who are not admitted to a hospital; this is also known as outpatient care, a freestanding, independent hospital that only offers surgery on an outpatient basis and an application of clinical medicine wherein medical information is transferred through interactive audiovisual media for medical consulting or remote medical procedures or examinations.

Industry Performance of the Hospitals industry in Newfoundland

Benchmark the Hospitals in Newfoundland industry performance with all NL Census Metropolitan Area and national performance.

Hospitals in Newfoundland

#9 in Highest Revenue 2.5% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Hospitals in Canada


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Hospitals industry in Newfoundland

See how key industry drivers, such as median houshold income, population, private investment in residential construction, total health expenditure, number of adults aged 65 and older and per capita disposable income are impacting Hospitals in Newfoundland

Newfoundland Economic Indicators

Median Houshold Income
Population
Private Investment in Residential Construction

View more economic information in NL State Economic profile

Canada Key External Drivers

Total health expenditure
Number of adults aged 65 and older
Per capita disposable income

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Hospitals industry in Newfoundland

Access proprietary data on Census Metropolitan Area in the Hospitals in Newfoundland, such as St. John's, Corner Brook and Gander. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Hospitals industry in Newfoundland

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Hospitals industry in Newfoundland in 2025?

The market size of the Hospitals industry in Newfoundland is $2.5bn in 2025.

How many businesses are there in the Hospitals industry in Newfoundland in 2025?

There are 15 businesses in the Hospitals industry in Newfoundland, which has been declining at an average annual rate of -4.6% from 2020 to 2025.

Has the Hospitals industry in Newfoundland grown or declined over the past 5 years?

The market size of the Hospitals industry in Newfoundland has been growing at an average annual rate of 2.6% from 2020 to 2025.

How many employees in the Hospitals industry in Newfoundland in 2025?

There are 16,354 employees in the Hospitals industry in Newfoundland, which has been declining at an average annual rate of 0.0% from 2020 to 2025.