Industry Analysis & Industry Trends
Planning for growth
While funding will be restricted for some family planning and abortion services, demand will increase over the next five years. Improved contraception technologies and fertility treatments will mainly drive growth, as they become less costly and more successful. Still, escalating personnel and supply costs and any rise in medical liability expenses will likely constrain industry profitability... purchase to read more
Industry Report - Industry Investment Chapter
The Family Planning and Abortion Clinics industry relies more on labor than capital to sell goods. As discussed in the Cost Structure Benchmarks section, depreciation costs are expected to account for about 3.5% of total industry revenue in 2013 whereas wages are estimated to account for 48.1% of revenue. For every $1.00 spent on labor, about $0.08 is spent on capital.
Employment in the industry has been growing as demand for family planning services has been increasing. However, as the need for physicians and nurses has been on the rise, the supply of these skilled positions has been diminishing. The shortage of skilled medical staff is evidenced by the rising wage cost as a percentage of sales during the five years up to 2013... purchase to read more