Healthy diagnosis: Increasing access to healthcare coverage will strengthen industry revenue

IBISWorld’s industry research report on Specialist Doctors contains five-year forecasts and data analysis that can help you identify and mitigate risks in potential new markets. Position yourself as an expert with internal stakeholders by using our comprehensive industry research to inform your reports, proposals and presentations. Our business information will save you money by helping you make better decisions, faster.


Market Share of Companies
There are no companies with a dominant market share in this industry
Industry Statistics & Market Size
Annual Growth
Annual Growth

Industry Threats & Opportunities

  • Positive demographic changes and rising access to healthcare coverage will keep industry demand strong
  • Many physicians have consolidated their offices into larger multispecialty groups
  • The industry is sensitive to changes in healthcare reimbursement policies
  • Industry Analysis & Industry Trends

    In recent years, the Specialist Doctors industry benefited from a rise in demand due to an aging population and the growing prevalence of chronic diseases. Moreover, improving access to healthcare insurance as a result of the Patient Protection and Affordable Care Act (PPACA) supported revenue growth. However, the effects of healthcare reform have ultimately proven to be mixed for the industry. With its emphasis on primary care, the PPACA has begun to move reimbursement under Medicare and Medicaid away from the traditional fee-for-service model.

    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 $0.02 on capital. Over the past five years, capital intensity has remained virtually unchanged. In 2012, for every dollar spent on wages, industry operators spent about $0.03 in capital investment.

    In 2017, labor costs account for an expected 52.0% of total revenue, whereas depreciation expenses represent about 1.3% of total revenue. There is a high level of personal care in most healthcare industries, since patient-doctor interaction is necessary to improve health. Doc

    Additional Insights for the Specialist Doctors Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Specialist Doctors Industry are

  • Access to highly skilled workforce
  • Proximity to key markets
  • Understanding government policies and their implications
  • IBISWorld analysts also discuss how external factors such as Number of people with private health insurance and Federal funding for Medicare and Medicaid in the Specialist Doctors industry impact industry performance..

    shopping_cartVIEW PURCHASE OPTIONS

    Look under the hood?

    Download a FREE sample report

    Industry Products

    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 or doctor of osteopathy 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
    Obstetrics and gynecology
    General surgery
    Emergency medicine
    Radiology and diagnostic medicine
    Industry Activities
    Providing internal medicine services
    Providing pediatrics services
    Providing obstetrics and gynecology services
    Providing anesthesiology services
    Operating doctor of medicine (except mental health) offices
    Operating surgical (except dental) offices
    Operating doctor of osteopathy and mental health offices
    Operating mental health physician offices

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Number of people with private health insurance
  • Federal funding for Medicare and Medicaid
  • Number of adults aged 65 and older
  • Per capita disposable income
  • Regulation for the Specialist Doctors industry

  • Current Performance
  • Demographic trends underscore strong physician demand
  • Lured by high wages, more physicians enter specialty care
  • Healthcare reform defines industry changes
  • Multispecialist practices on the rise
  • Profit margins pressured, but high
  • Chart: Revenue Growth

  • Industry Outlook
  • Demographic trends underscore strong physician demand
  • Lured by high wages, more physicians enter specialty care
  • Table: Specialist Doctors Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Specialist Doctors Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Health & Welfare Funds
  • Primary Care Doctors
  • Optometrists
  • Physical Therapists
  • Home Care Providers
  • Hospitals
  • Psychiatric Hospitals
  • Nursing Care Facilities

  • Key Selling Industries
  • Brand Name Pharmaceutical Manufacturing
  • Diagnostic & Medical Laboratories
  • Generic Pharmaceutical Manufacturing
  • Glasses & Contact Lens Manufacturing
  • Hospitals
  • Medical Instrument & Supply Manufacturing
  • Medical Supplies Wholesaling

  • Products & Services
  • Other
  • Psychiatry
  • Obstetrics and gynecology
  • Anesthesiology
  • Emergency medicine
  • Radiology and diagnostic medicine
  • General surgery
  • Chart: Specialist Doctors Industry Products and Services Segmentation

  • Demand Determinants
  • Health trends
  • Demographics
  • Technological developments

  • Major Markets
  • People aged 45 to 64
  • People aged 18 to 44
  • People aged 65 and older
  • People aged 17 and younger
  • Chart: Major Market Segmentation for the Specialist Doctors Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Purchases
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Specialist Doctors

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Specialist Doctors Industry

  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Specialist Doctors Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Specialist Doctors Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Federal funding for Medicare and Medicaid (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Jargon & Glossary
  • A medical specialty dealing with disorders of the heart and blood vessels.
  • Comorbidities
  • Medical problems that coexist with the diagnosis of a separate, primary medical issue such as obesity.
  • Endocrinologists
  • Medical specialists who deal with disorders of the endocrine system and its specific secretions, called hormones.
  • Ophthalmology
  • A medical specialty that deals with the diseases and surgery of the visual pathways, including the eye, brain, and areas surrounding the eye, such as the lacrimal system and eyelids.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Specialist Doctors:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Specialist Doctors market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Specialist Doctors, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Join IBISWorld today

    Contact Us

    Want to speak to a representative? Call us.