Overview

Doctor's orders: An aging population and expanding workforce will support industry demand

The Occupational Therapists industry market report contains strategic analysis of the key drivers influencing the industry. Save hours of time on research and prospecting using IBISWorld’s standardized, up-to-date reports on thousands of industries. Our industry research provides growth and profit forecasts for a five-year outlook period, presented in a clear and user-friendly format.

REPORT SNAPSHOT

Market Share of Companies
There are no companies with a dominant market share in this industry
Industry Statistics & Market Size
Revenue
$20bn
Annual Growth
11-16
1.1%
Annual Growth
16-21
Profit
Employment
118,281
Business
23,920

Industry Threats & Opportunities

  • The burgeoning elderly population will bolster demand for industry services
  • Many healthcare providers have stressed the importance of mental health
  • Many elderly individuals will want to maintain their autonomy, bolstering demand

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    Industry Analysis & Industry Trends

    Over the past five years, the Occupational Therapists industry has grown, due to the burgeoning elderly population requiring occupational therapy for age-related ailments. Additionally, autism is the fastest growing development disability, which has boosted patients demand for industry services to aid with developmental activities, among other daily tasks. In the next five years, industry revenue is forecast, driven by the continued demand from the elderly population. Moreover, as healthcare insurance providers seek to cut costs, many will provide favorable reimbursements for noninvasive outpatient treatment options, including occupational therapy...

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    Industry Report - Industry Investment Chapter

    The Occupational Therapists industry has a very low level of capital intensity. In 2016, for every dollar spent on labor, industry operators are expected to spend $0.02 on capital investments. Patients require personalized services from skilled employees, resulting in very high labor costs. Occupational therapists typically are highly educated, with most having at least a master's degree in occupational therapy. Occupational therapy assistants and aides require specialized training through accredited programs at community colleges and technical schools. Many states also require licenses for occupational therapy assistants. Over the past five years, capital intensity has steadily increased due to the growth of technology, such as electronic medical records. Thi..

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    Additional Insights for the Occupational Therapists Industry

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

  • Having a good reputation
  • Ability to quickly adopt new technology
  • Proximity to key markets
  • IBISWorld analysts also discuss how external factors such as Median age of population and Federal funding for Medicare and Medicaid in the Occupational Therapists industry impact industry performance..

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    Industry Products

    What is the Occupational Therapists Industry?

    This industry includes independent health practitioners who help individuals with physical, mental or developmental conditions with daily living and working through everyday activities (occupations). More specifically, occupational therapy includes: helping children with disabilities to participate fully in school and social situations; helping individuals recovering from injury to regain skills; and providing support for individuals experiencing physical and cognitive changes.

    Industry Products
    Orthopedic occupational therapy services
    Geriatric occupational therapy services
    Pediatric occupational therapy services
    Industry Activities
    Providing habilitation services
    Providing rehabilitation services
    Providing other occupational therapy services

    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
  • Median age of population
  • Federal funding for Medicare and Medicaid
  • Number of employees
  • Number of people with private health insurance
  • National unemployment rate

  • Current Performance
  • Industry landscape
  • Medicare and Medicaid reimbursement
  • Chart: Revenue Growth

  • Industry Outlook
  • Mental health ailments spur demand
  • Enterprises and employment
  • Table: Occupational Therapists Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Occupational Therapists Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Life Insurance & Annuities
  • Health & Medical Insurance
  • Property, Casualty and Direct Insurance
  • Workers' Compensation & Other Insurance Funds
  • Primary Care Doctors
  • Specialist Doctors
  • Home Care Providers
  • Hospitals
  • Consumers

  • Key Selling Industries
  • Brand Name Pharmaceutical Manufacturing
  • Diagnostic & Medical Laboratories
  • Generic Pharmaceutical Manufacturing
  • Medical Instrument & Supply Manufacturing
  • Primary Care Doctors
  • Specialist Doctors

  • Products & Services
  • Orthopedic occupational therapy services
  • Geriatric occupational therapy services
  • Pediatric occupational therapy services
  • Chart: Occupational Therapists Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Hospitals
  • Schools
  • Skilled nursing facilities
  • Outpatient clinics
  • Other
  • Home health
  • Academia
  • Mental health
  • Chart: Major Market Segmentation for the Occupational Therapists Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Purchases
  • Rent and utilities
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Occupational Therapists

  • Basis of Competition
  • Internal
  • External

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Occupational Therapists Industry

  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Occupational Therapists 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 Occupational Therapists Industry
    Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Number of people with private health insurance (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Musculoskeletal
  • A term that refers to issues related to muscles and the skeleton.
  • Occupational Therapy
  • Therapy to help people participate in the things they want and need to do through the therapeutic use of everyday activities.
  • Workers' Compensation
  • A state-mandated, comprehensive insurance program that requires employers to fund or insure medical expenses, lost wages and other costs resulting from work-related injuries and illnesses.
  • 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 Occupational Therapists:
    • 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 Occupational Therapists 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 Occupational Therapists, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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