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Primary Care Doctors in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Primary Care Doctors Market Research Report | NAICS 62111a | Apr 2016

The doctor will see you: Healthcare reform will heighten demand for industry services

IBISWorld’s Primary Care Doctors market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$248bn
Annual Growth 11-16
3.6%
Annual Growth 16-21
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Profit
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Employment
1,266,540
Businesses
174,933
Industry Analysis & Industry Trends

The vital nature of the Primary Care Doctors industry's services has contributed to strong demand over the past five years, as has the aging of the population. The burden of chronic illnesses, which are disproportionately prevalent in older adults, has risen significantly due to this demographic shift. Most important to growth, however, has been the passage of the landmark Patient Protection and Affordable Care Act (PPACA) in 2010. While healthcare reform has increased the number of insured individuals, it has also exacerbated the shortage of primary care doctors. Despite growth, the number of primary care doctors has not expanded enough to keep pace with demand... purchase to read more

Industry Report - Industry Investment Chapter

The Primary Care Doctors industry has a low level of capital intensity; as healthcare is a labor-intensive sector, and much of that labor is highly skilled and highly paid. In 2016, IBISWorld estimates that for every dollar spent on wages, industry operators will spend $0.04 in capital investment. Over the past five years, capital intensity has remained relatively unchanged; in 2011, for every dollar spent on wages, industry operators also spent about $0.04 in capital investment.

In 2016, labor costs account for an estimated 38.9% of total revenue, whereas depreciation expenses represent about 1.4% of total revenue. There is a high level of personal care in most healthcare industries, since patient-doctor interaction is necessary in order to improve one's health... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Primary Care Doctors Industry?

This industry includes general practitioners who possess a Doctor of Medicine (MD) or Doctor of Osteopathy (DO) degree. These doctors primarily work using a broad understanding of all illnesses and do not restrict their practice to one particular field of medicine. Doctors in this industry are trained for comprehensive first-contact and continued care for individuals with any undiagnosed health concern.

Industry Products
Diagnosis of general symptomsDiagnosis, screenings and preventative careDiagnosis of symptoms related to the respiratory systemDiagnosis of symptoms related to the musculoskeletal systemDisease treatment
 
Industry Activities
Diagnosing ailments and diseasesPrescribing disease and symptom treatmentsReferring patients to specialistsAdministering preventative care (e.g. check-ups and screenings)Educating patientsCounseling patients


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