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