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Hospitals in Ontario

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS ON62211CA

Hospitals in Ontario industry analysis

Revenue for the Hospitals industry in Ontario 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 xxx locations over the past five years. Industry employment has increased an annualized x.x% to x,xxx workers during the period, while industry wages have increased 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 decline -x.x% to xxx locations over the next five years. Industry employment is expected to increase an annualized 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 Ontario Market Research Report

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

Definition of the Hospitals in Ontario?

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 Ontario?

The Hospitals in Ontario 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 Ontario 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 Ontario

Benchmark the Hospitals in Ontario industry performance with all ON Census Metropolitan Area and national performance.

Hospitals in Ontario

#1 in Highest Revenue 30.1% 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 Ontario

See how key industry drivers, such as median houshold income, governmentt debt, per capita disposable income, total health expenditure, number of adults aged 65 and older and per capita disposable income are impacting Hospitals in Ontario

Ontario Economic Indicators

Median Houshold Income
Governmentt Debt
Per Capita Disposable Income

View more economic information in ON 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 Ontario

Access proprietary data on Census Metropolitan Area in the Hospitals in Ontario, such as Toronto, Ottawa - Gatineau and Hamilton. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Hospitals industry in Ontario

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 Ontario in 2025?

The market size of the Hospitals industry in Ontario is $30.0bn in 2025.

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

There are 194 businesses in the Hospitals industry in Ontario, which has been declining at an average annual rate of -4.6% from 2020 to 2025.

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

The market size of the Hospitals industry in Ontario has been growing at an average annual rate of 1.3% from 2020 to 2025.

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

There are 214,599 employees in the Hospitals industry in Ontario, which has been growing at an average annual rate of 1.8% from 2020 to 2025.