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Specialist Doctors in the US: Market Research Report

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

Specialist Doctors Market Research Report | NAICS 62111b | May 2016

Healthy diagnosis: Increasing access to healthcare coverage will improve industry revenue

The Specialist Doctors market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$252bn
Annual Growth 11-16
1.5%
Annual Growth 16-21
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Profit
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Employment
1,466,837
Businesses
246,528
Industry Analysis & Industry Trends

In recent years, the Specialist Doctors industry benefited from a rise in demand for its services, due to an aging population and the growing prevalence of chronic diseases. Moreover, industry growth was aided by improving access to healthcare insurance as a result of the Patient Protection and Affordable Care Act (PPACA). As a result, industry revenue is projected to grow over the five years to 2016, as healthcare reform enters its third year of full implementation. However, the effects of healthcare reform have ultimately proven to be mixed for the industry. With its emphasis on primary care, the PPACA has begun to move reimbursement under Medicare and Medicaid away from the traditional fee-for-service model... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Specialist Doctors industry is in the growth stage of its life cycle. During the 10 years to 2021, industry value added, a measure of the industry's contribution to the overall economy, is forecast to increase 3.6% per year on average. In comparison, IBISWorld projects that US GDP will grow at an average annual rate of 2.2%. While this indicates that the industry will grow at a faster rate than the overall economy, it is weighed down by poor revenue growth from 2011 to 2013, when difficult economic conditions limited access to healthcare and the implementation of reimbursement rate changes negatively impacted the industry.

Specialist doctors enjoy strong and growing demand for their services, due to demographic trends in the United States... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Specialist Doctors Industry?

A specialist doctor is a physician whose practice is limited to a particular branch of medicine or surgery. This industry includes establishments or health practitioners with a doctor of medicine or doctor of osteopathy degree. These individuals primarily practice specialized medicine, such as anesthesiology; oncology and ophthalmology; or surgery. This industry does not include primary care physicians or mental health specialists.

Industry Products
Obstetrics and gynecologyAnesthesiologyPsychiatryGeneral surgeryEmergency medicineRadiology and diagnostic medicine
 
Industry Activities
Providing internal medicine servicesProviding pediatrics servicesProviding obstetrics and gynecology servicesProviding anesthesiology servicesOperating doctor of medicine (except mental health) offices Operating surgical (except dental) officesOperating doctor of osteopathy and mental health officesOperating mental health physician offices


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