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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 | Aug 2014

Premium care: Improving economic conditions and continuing healthcare reform laws will boost revenue

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
$135bn
Annual Growth 09-14
2.6%
Annual Growth 14-19
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Profit
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Employment
745,642
Businesses
130,526
Industry Analysis & Industry Trends

The Primary Care Doctors industry is an integral component of United States healthcare. However, the recession forced many consumers to cut back on doctor visits and restricted health insurance access to an increasing number of unemployed individuals. However, the main factor contributing to fewer visits was a decrease in the number of people with private health insurance, especially in 2009. Nevertheless, the industry is projected to benefit from the healthcare reform laws of 2010 and revenue will increase in the five years to 2019. As more individuals gain health insurance due to the reform, demand for primary care services will increase, growing industry revenue in turn... 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 comprises general practitioners that 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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