INDUSTRY TRENDS: BY THE NUMBERS Compiled by Cari Kraft, Jacobs Management Group, Inc.
$472B
Outpatient revenue of U.S. hospitals Outpatient revenue for U.S. hospitals has continued to grow in the last several years. Total outpatient number for 2017 was $472B, compared to inpatient revenue of $498B, a ratio of 95% as compared to 83% in 2013. At the same time, hospital profits reached $88B, a 12.5% increase over 2016. Source: American Hospital Association 2019 AHA Hospital Statistics
302,767
45%
U.S. share of total global pharmaceutical market sales With just 4.4% of the world’s population, the U.S. accounts for nearly half of total spending on pharmaceuticals. Europe accounts for about 20%, other developed markets 11%, and emerging markets 21%. These numbers have remained relatively steady for the last five years. Source: Statista 2019
Clinical trials being conducted worldwide As of April, 2019, there were over 300,000 clinical studies being conducted around the globe. Thirty-four percent of these (104,380) were in the U.S., with another five percent (16,043) happening simultaneously in the U.S. and other countries. Source: Clinicaltrials.gov, April 2019
49 | HS&M MAY/JUNE 2019
