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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 | Aug 2014

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

IBISWorld’s Specialist Doctors market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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 - 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

 


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 MD (except mental health) offices Operating surgical (except dental) officesOperating DO and mental health offices Operating mental health physician offices


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