Industry Analysis & Industry Trends
A number of factors will benefit the industry over the next five years. That is to say, demand will strengthen in line with the aging population and healthcare reform. Senior citizens with chronic diseases will increasingly turn to operators in the economic recovery, supporting overall revenue growth. Moreover, specialists will increasingly join and form practices to leverage referrals and cut costs... 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 2018, industry value added, a measure of the industry's contribution to the overall economy, is forecast to increase 4.7% per year on average. In comparison, IBISWorld projects that US GDP will grow 2.1% annually on average, which indicates that the industry will grow faster than the overall economy.
Specialist doctors enjoy strong and growing demand for their services due to demographic trends in the United States. An aging population leads to a greater number of people requiring geriatric services and more healthcare overall. Chronic conditions are also on the rise in the United States, which increases demand for cardiovascular surgeons and endocrinologists, among other specialists... purchase to read more