Strong prescription: Healthcare reform will heighten demand for industry services

The Primary Care Doctors industry in Illinois is an integral part of the state's healthcare system, responsible for ensuring the health of millions of individuals who reside in the state. Over the five years to 2017, expanding insurance coverage and an aging population provided increased access and steady demand for industry operators. Moving forward, as more individuals attain health insurance, demand for primary care services is expected to increase. In addition, after three years of relatively strong performance and with healthcare reform initiatives fully implemented, industry profitability is projected to remain robust. However, the industry is expected to undergo several structural changes, encouraged by the PPACA, such as the consolidation of industry establishments...purchase to read more.

Industry Statistics & Market Size
Annual Growth 12-17
Forecast Growth 17-22

Industry Threats & Opportunities

  • Total health expenditure in Illinois will rise, boosting demand for primary care doctors
  • Industry operators and state legislatures will experience mounting pressures for primary care
  • Demand for primary care services will increase, as more individuals attain health insurance
  • Industry Report - Starting a New Business Chapter

    Barriers to entry in the Primary Care Doctors industry are moderate. The most notable entry barriers come from 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. The...purchase to read more.

    Additional Insights for the Primary Care Doctors in Illinois Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Primary Care Doctors in Illinois 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 Federal funding for Medicare and Medicaid and Total health expenditure in Illinois in the Primary Care Doctors in Illinois industry impact industry performance..

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    What's in this report

    What is the Primary Care Doctors in Illinois Industry?

    This industry includes general practitioners who possess a Doctor of Medicine (MD) or Doctor of Osteopathy (DO) degree. These doctors primarily work with a broad understanding of all illnesses and do not restrict their practice to one particular field of medicine. Doctors in this industry are trained for comprehensive first-contact and continued care for individuals with any undiagnosed health concern.

    Industry Products
  • Neoplasms (tumors) and musculoskeletal system diseases
  • Circulatory and respiratory diseases
  • Nervous system and sense organ diseases
  • Endocrine and digestive system diseases
  • All other patient care
  • Industry Activities
  • Diagnosing ailments and diseases
  • Prescribing disease and symptom treatments
  • Referring patients to specialists
  • Administering preventative care (e.g. checkups and screenings)
  • Educating patients
  • Counseling patients
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Federal funding for Medicare and Medicaid
  • Total health expenditure in Illinois
  • Number of births
  • Number of people with private health insurance in Illinois

  • Current Performance
  • State of primary care
  • Benefiting from healthcare reform
  • Chart: Revenue Growth

  • Industry Outlook
  • Outlook for physician demand
  • Healthcare reform continues to alter landscape
  • Table: Primary Care Doctors in Illinois Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Primary Care Doctors in Illinois Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Health & Welfare Funds
  • Specialist 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
  • Specialist Doctors

  • Products & Services
  • Neoplasms (tumors) and musculoskeletal system diseases
  • Circulatory and respiratory diseases
  • Endocrine and digestive system diseases
  • Nervous system and sense organ diseases
  • All other patient care
  • Chart: Primary Care Doctors in Illinois Industry Products and Services Segmentation

  • Major Markets
  • Private insurance
  • Government insurers
  • Patients' out-of-pocket payments
  • Other patient care revenue
  • Chart: Major Market Segmentation for the Primary Care Doctors in Illinois Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Primary Care Doctors in Illinois

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Primary Care Doctors in Illinois Industry

  • HSHS Medical Group, Physician-hospital organization, Primary Care Group, University of Illinois Hospital & Health Sciences System,
  • Table: HSHS Medical Group - financial performance
  • Table: Physician-hospital organization - financial performance
  • Table: Primary Care Group - financial performance
  • Table: University of Illinois Hospital & Health Sciences System - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Primary Care Doctors in Illinois Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

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

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Primary Care Doctors in Illinois Industry
  • Industry Revenue (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Total health expenditure in IL (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Allied Health Practitioners
  • Healthcare professions distinct from dentistry, nursing, medicine and pharmacy. They provide a range of diagnostic, technical, therapeutic and direct patient care and support services.
  • Family Medicine
  • A specialty devoted to comprehensive healthcare; a form of primary care that provides continuing healthcare for the individual and family across all ages, sexes, diseases and parts of the body.
  • Fee-For-Service
  • A health plan where individuals choose the doctor, hospital or clinic, and the insurance pays for part or all of the cost according to a schedule laid out in the policy.
  • Gynecology
  • The surgical specialty dealing with health of the female reproductive system.
  • Health Insurance Exchange
  • A set of state-regulated and standardized healthcare plans from which individuals may purchase health insurance eligible for federal subsidies.
  • Obstetrics
  • The branch of medicine dealing with childbirth and care of the mother.
  • Pediatrics
  • The branch of medicine concerned with the treatment of infants and children.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s industry research report on Primary Care Doctors in Illinois can be used to help you understand the industry’s market size, growth potential and major companies. Five-year forecasts provide insight into the industry’s prospects, so you can make decisions with confidence. This information is perfectly suited to informing your business plans, pitch books, benchmarking and SWOT analysis.

    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 Primary Care Doctors in Illinois:
    • 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 Primary Care Doctors in Illinois 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 Primary Care Doctors in Illinois, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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