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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 | Oct 2014

Healthy diagnosis: The recovering economy and increased healthcare coverage will improve revenue

IBISWorld’s Specialist Doctors market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$299bn
Annual Growth 09-14
2.4%
Annual Growth 14-19
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Profit
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Employment
1,782,865
Businesses
217,325
Industry Analysis & Industry Trends

In recent years, the Specialist Doctors industry has benefited from a rise in demand for the industry's services, thanks to an aging population and the growing prevalence of chronic diseases. While the economic environment is forecast to improve over the next five years, profit growth is expected to be mild through 2019. Meanwhile, an aging population and healthcare reform will bolster demand for industry services, as more people have gained healthcare insurance coverage as a result of healthcare reform... purchase to read more

Industry Report - Industry Investment Chapter

The Specialist Doctors industry has a low level of capital intensity as healthcare is a labor-intensive sector and much of that labor is highly skilled and highly paid. IBISWorld estimates that for every dollar spent on wages, industry operators will spend $0.03 on capital. Over the past five years, capital intensity has declined slightly; in 2009, for every dollar spent on wages, industry operators spent about $0.04 in capital investment.

In 2014, labor costs account for an expected 50.1% of total revenue, whereas depreciation expenses represent about 1.7% of total revenue. There is a high level of personal care in most healthcare industries, since patient-doctor interaction is necessary in order to improve health... 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 (MD) or Doctor of Osteopathy (DO) 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
Internal medicinePediatricsObstetrics and gynecologyAnesthesiologyGeneral surgeryEmergency medicineDermatology and cosmetic surgery
 
Industry Activities
Providing internal medicine servicesProviding pediatrics servicesProviding obstetrics and gynecology servicesProviding anesthesiology servicesOperating Doctor of Medicine (MD) (except mental health) offices Operating surgical (except dental) officesOperating Doctor of Osteopathy (DO) and mental health offices Operating mental health physician offices


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