Industry Analysis & Industry Trends
The Drug and Alcohol Rehabilitation Clinics industry has benefited from the continuing shift to outpatient care. Rising government interest in ensuring a healthy population will minimize the adverse flow-through effects of substance abuse. As a result, healthcare reform will expand coverage to include treatment for substance abuse and boost demand for outpatient services.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
IBISWorld analysis reveals this industry is mature. During the 10 years to 2017, industry value added (IVA), which measures the industry's contribution to the US economy, is projected to increase at an annualized rate of 1.5%. In comparison, US GDP is forecast to rise at an average rate of 1.8% per year during the same period. Because IVA is growing roughly in line with GDP, IBISWorld classifies this industry as mature. In addition, other factors point to this industry's ongoing maturity.
To grow profit, mature industries typically focus on internal efficiencies rather than introducing new products. Wages' falling share of revenue during the 10 years to 2017 indicates the ability of outpatient clinics to do more with fewer workers... purchase to read more