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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 can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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 - Starting a New Business Chapter

Barriers to entry in this industry are at a moderate level. It is not expensive to establish a practice in the industry, as evidenced by the large number of small establishments. In addition, there are limited benefits to scale economies (i.e. being a large practice) in this industry; therefore, new entrants are not significantly burdened by their cost structure in the early stages of developing the practice and do not have to compete with firms that dominate the industry.

However, there are educational and regulatory barriers. An individual who wants to become a primary care physician must complete lengthy and expensive educational requirements, internships and residencies... 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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