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 - Starting a New Business Chapter
Barriers to entry in the Specialist Doctors industry are medium. The most notable entry barriers exist in the industry due to educational requirements, residency review committees and regulation. In addition, operators must develop a critical mass of patients to be viable. Depending on the specialty and location, it can be difficult or take considerable time for new entrants to establish a referral base and relationships with other physicians, hospitals and the local community.
Although several barriers exist to new entrants, the large number of small establishments indicates that barriers are not extreme. This may be due to low levels of fixed capital costs in the industry and the high demand for specialist doctors... purchase to read more