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 Key Buyers Chapter
The Primary Care Doctors industry is highly fragmented; the largest four firms are expected to account for less than 3.0% of industry revenue in 2016. 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 about 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 2016... purchase to read more