It also includes expert summary reports and specialized reports on niche industries. For example, the “Hospitals in the US” report (IBISWorld Industry Report 6221), has nine sections: About this Industry, Industry at a Glance, Industry Performance, Industry Outlook, Products & Markets, Competitive Landscape, Major Companies, Operating Conditions, and Key Statistics. Some interesting facts I found:

• The hospital industry’s annualized rate of growth over the next five years is expected to rise 3.2% to $1.2 trillion.
• The nation faces a shortage in both nurses and physicians and there are various factors at play, including scarcity of enough programs and faculty for nursing education and a projected increase in soon-to-be retiring physicians.
• Electronic health record technology has been an ongoing development in the industry, but the adopting of this technology has been growing at a slow pace. A survey of the American Hospital Association found that 69% of reporting hospitals had either fully or partly implemented an EHR system.

Health Services Administration faculty and students may find the information in this database particularly useful. But, others in the School of Health Professions may be interested in looking at industry information in their particular fields of study and practice. All healthcare industries are covered including occupational therapy, physical therapy, diagnostic and medical laboratory science, nutrition and dietary science, and biotechnology.