Industry Analysis & Industry Trends
Primary care doctors are the first line of defense against health ailments and are viewed as preventive-care providers. Their staple position in the healthcare sector has contributed to growth in revenue during the five years to 2014. Nonetheless, the recession forced many consumers to cut back on doctor visits and also restricted health insurance access to an increasing number of unemployed individuals. The main factor contributing to fewer visits was a decrease in the number of people with private health insurance. In the five years to 2019, the Primary Care Doctors industry is projected to benefit from the healthcare reform laws of 2010, but not without certain obstacles. As more individuals gain health insurance, due to the reform, demand for primary care services will increase... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Primary Care Doctors industry is highly fragmented; the largest four firms accounted for less than 2.0% of industry revenue in 2014. An estimated 76.4% of all establishments have less than five employees, and about 46.0% have no employees at all. While nonemployer establishments account for a considerable portion of all establishments, they generate only 7.0% of total industry revenue. This discrepancy indicates that larger practices are able to generate more revenue than smaller ones.
While the industry is dominated by small firms, some consolidation has occurred during the five years to 2014... purchase to read more