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- Healthcare Construction Sector Snapshot Report in New Zealand 2024
Healthcare Construction Sector Snapshot Report in New Zealand 2024
BCI’s Healthcare Construction Sector Snapshot report in New Zealand captures the total number and value of active projects across the country, as of August 2024.
Healthcare Construction Projects Breakdown
As reported by BCI, the health sector is showing signs of growth: the number of design applications approved for healthcare construction has steadily increased since 2022, with an 11.27% change in the last year alone. Additionally, construction commencements have also increased with a 38.54% growth since 2023.
New Zealand’s health sector has 330 active construction projects totalling just over 11.66 billion NZD. This total value is quite evenly spread across projects in the early stages of construction, with 36.07% attributed to Concept stage projects, and 35.92% attributed to Design & Documentation projects. Additionally, the highest number of healthcare construction projects (145) can also be found at the Design & Documentation stage, where plans are in progress and applications are being submitted for approval.
Looking at the projects broken down by region, it is interesting to note that while the Northern Region has the highest number of projects (141), it has the lowest total value of projects (just shy of 3.74 billion NZD). The Southern Region of New Zealand, despite having 40 fewer projects than its northern counterpart, has a total project value of just over 4.18 billion NZD.
Key Market Players in the Healthcare Construction Sector
Our Sector Snapshot report ranks the leading developers, architects and builders based on their total construction project value over the past 12 months, as reported by BCI Central. Te Whatu Ora – Health New Zealand Southern, Warren & Mahoney – Christchurch, and CPB Contractors Pty Ltd ranked as the top developer, architect and builder respectively.
Discover the complete list of the top three developers, architects and builders in our Healthcare Construction Sector Snapshot report in New Zealand 2024.
Tauranga Hospital – Featured Healthcare Construction Project
- PID: 292494017
- Approximate Value: 1,000M NZD
- Project Type: HOSPITAL – redevelopment
- Sector: Health
- Stage: Concept
- Location: Tauranga City, New Zealand
*All values as of 21 August 2024
What are BCI Sector Snapshots?
The BCI Sector Snapshots are a series of free reports that share top-level insights into key construction sectors in New Zealand. Our BCI Sector Snapshot reports provide you with the total number and value of active projects broken down into:
- Overall national figures
- Construction stages
- Regional figures
With further details on
- Key market players (developers, architects and builders)
- Noteworthy projects.
BCI LeadManager offers comprehensive information on the projects undertaken by key market players in the transport construction sector. Within the transport sector, BCI reports on:
- Aged Care Facilities
- Hospitals
- Medical Centres
- Nursing Homes
- Veterinary Clinics
Additionally, BCI Analytix provides in-depth analysis of construction activity by sector, stage and location, as well as the sector’s prominent market players.
Explore our range of free Sector Snapshot reports below: