Healthcare Building Construction in
Croatia: Market Snapshot to 2014
Reference code: WMCN9528MS
Published: May-2010
www.worldmarketintelligence.com
World Market Intelligence
John Carpenter House
7 Carmelite Street
London EC4Y 0BS
United Kingdom
Tel: +44 (0) 20 7936 6400
Fax: +44 (0) 20 7336 6813
Healthcare Building Construction in Croatia: Market Snapshot to 2014 Published May 2010
© World Market Intelligence. This report is a licensed product and is not to be photocopied Page 1
Visit www.worldmarketintelligence.com for more information on our reports and premium subscription services
1 SECTOR OVERVIEW ............................................................................................................. 4
2 MARKET DATA ...................................................................................................................... 5
2.1 Market Value 2005-2009 ...................................................................................................................................... 5
2.2 Market Segmentation, By Project Type, 2009 ..................................................................................................... 6
2.3 Market Value Forecast, 2009-2014 ...................................................................................................................... 7
2.4 Future Market Segmentation, By Project Type, 2009-2014................................................................................. 8
3 APPENDIX .............................................................................................................................. 9
3.1 Research Methodology ........................................................................................................................................ 9
3.2 Definitions ............................................................................................................................................................ 9
3.2.1 Additional Notes ........................................................................................................................................ 10
3.3 About World Market Intelligence ........................................................................................................................ 10
Healthcare Building Construction in Croatia: Market Snapshot to 2014 Published May 2010
© World Market Intelligence. This report is a licensed product and is not to be photocopied Page 2
Visit www.worldmarketintelligence.com for more information on our reports and premium subscription services
List of Tables
Table 1: Healthcare Building Construction in Croatia, Market Value - US$ Million, 2005-2009 .......................................... 5
Table 2: Healthcare Building Construction in Croatia, Market Segmentation by Project Type, US$ Million, 2009 ............. 6
Table 3: Healthcare Building Construction in Croatia, Market Forecast - US$ Million, 2009-2014 ..................................... 7
Table 4: Healthcare Building Construction in Croatia, Market Segmentation by Project, US$ Million, 2014 ...................... 8
List of Figures
Figure 1: Healthcare Building Construction in Croatia, Market Value - US$ Million, 2005-2009 ......................................... 5
Figure 2: Healthcare Building Construction in Croatia, Market Segmentation by Project Type, % Share, 2009 ................ 6
Figure 3: Healthcare Building Construction in Croatia, Market Forecast - US$ Million, 2009-2014 .................................... 7
Figure 4: Healthcare Building Construction in Croatia, Market Segmentation by Project, % Share, 2014.......................... 8
Healthcare Building Construction in Croatia: Market Snapshot to 2014 Published May 2010
© World Market Intelligence. This report is a licensed product and is not to be photocopied Page 3
Visit www.worldmarketintelligence.com for more information on our reports and premium subscription services
1 SECTOR OVERVIEW
Following expansion at a compound annual growth rate of 21.24% between 2005-2009, the healthcare buildings
construction sector in Croatia reached a value of US$215.2 million in 2009, which represented an increase of 4.68% on
2008. The market achieved its strongest performance in 2006 when it expanded by 30.35% and its weakest
performance in 2009, when it grew by 4.68%.
In comparison, the fastest growing construction sector of the institutional construction market between 2005-2009 was
the institutional buildings construction sector, which achieved a CAGR of 33.43%. The weakest performer was
educational buildings, which only achieved a CAGR of 13.05%
By 2009, the healthcare buildings accounted for 41.98% of the institutional construction. In comparison, educational
buildings represented 38.61% while institutional buildings generated a further 10.78% of the market's 2009 share.
Looking ahead, the healthcare buildings market is expected to expand at a CAGR of 9.48% between 2009-2014,
reaching a value of US$ 338.43 million in 2014. This represents total growth of 239.74% since 2005 and 57.26% since
2009.
In comparison, the fastest growing construction sector of the institutional construction market between 2009-2014 is
expected to be research facilities, which is predicted to achieve a CAGR of 10.52%. The weakest performer is expected
to be educational buildings, which is forecast to only achieve a CAGR of 5.18%.
By 2014, the healthcare buildings is forecast to account for 45.45% of the institutional construction. In comparison,
educational buildings is predicted to account for 34.21%, while institutional buildings is expected to generate a further
11.58% of the market's 2014 share.
Healthcare Building Construction in Croatia: Market Snapshot to 2014 Published May 2010
© World Market Intelligence. This report is a licensed product and is not to be photocopied Page 4
Visit www.worldmarketintelligence.com for more information on our reports and premium subscription services
2 MARKET DATA
2.1 Market Value 2005-2009
Healthcare buildings sector in Croatia was valued at US$ 215.2 million in 2009; an increase of 4.68% on 2008. The
sector achieved a CAGR of 21.24%.
Table 1: Healthcare Building Construction in Croatia, Market Value - US$ Million, 2005-2009
Year US$ Million % Growth
2005 99.62
2006 129.85 30.35%
2007 162.50 25.14%
2008 205.59 26.52%
2009 215.20 4.68%