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Speech-Language Pathologists: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Speech-Language Pathologists Market Research Report | NAICS OD4166 | Sep 2016

Articulating growth: Demographic shifts and expanded insurance coverage will spur demand

IBISWorld’s Speech-Language Pathologists market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 11-16
5.8%
Annual Growth 16-21
Annual Growth
Profit
Profit
Employment
36,496
Businesses
6,948
Industry Threats & Opportunities
  • Rising student enrollment rates have stimulated demand for the industry’s diagnostic and treatment services
  • Rising insurance coverage under the Affordable Care Act has been a boon to the industry
  • The aging population will drive demand because the elderly typically require more medical care
  • ... purchase to read more

Industry Analysis & Industry Trends

The Speech-Language Pathologists industry has experienced steady conditions and stable growth over the past five years. In recent years, rising student enrollment rates have stimulated demand for the industry's diagnostic and treatment services. Most importantly, increased access to health insurance as a result of healthcare reform has better enabled individuals to afford industry services. The passage of the Patient Protection and Affordable Care Act (PPACA) of 2010 has been a boon to the industry. These trends are expected to continue in the next five years. Growth of the industry's main markets, students and the elderly, is expected to remain strong and revenue is expected to rise over the five years to 2021... ... purchase to read more

Industry Report - Industry Products Chapter

Semantics, morphology and syntax language disorders

This segment is anticipated to comprise 29.3% of industry revenue in 2016. Semantic language disorders create difficulty understanding, categorizing or defining words. Typically, children who have motor speech difficulties, such as apraxia, also have issues with syntax. Morphology-related language disorders include difficulty structuring and constructing words or sentences. This segment has remained relatively stable over the past five years.

Pragmatics and social communication language disorders

In 2016, this service segment is expected to make up 17.6% of industry revenue. This segment includes treatment of individuals who have issues with social interaction and pragmatics. Pat.. ... purchase to read more

Additional Insights for the Speech-Language Pathologists Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Speech-Language Pathologists Industry are

  • Development of a symbiotic relationship with another industry
  • Having a good reputation
  • Ability to quickly adopt new technology
  • IBISWorld analysts also discuss how external factors such as Number of K-12 students and Number of adults aged 65 and older in the Speech-Language Pathologists industry impact industry performance... purchase to read more

     


    Industry ProductsRelated Reports

    What is the Speech-Language Pathologists Industry?

    This industry comprises establishments of health practitioners that primarily evaluate, diagnose and treat speech, language, cognitive-communication and swallowing disorders.

    Industry Products
    Hearing lossAuditory processing disorderAutism spectrum disorderPragmatics and social communication language disordersSemantics, morphology and syntax language disorders
     
    Industry Activities
    Monitor patients' progress and adjust treatmentsDevelop treatment plans for problems such as hearing loss and auditory processing disorderEvaluate hearing or speech and language test resultsDevelop individual or group programs in schools to deal with speech and language problemsInstruct clients in techniques for more effective communication


    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 K-12 students
  • Number of adults aged 65 and older
  • Number of people with private health insurance
  • Federal funding for Medicare and Medicaid
  • Per capita disposable income
  • Current Performance
  • Steady demand from schools
  • Expanding health insurance rolls
  • Reimbursement policy uncertainty
  • Chart: Revenue Growth
  • Industry Outlook
  • Demographic shifts
  • Healthcare reform spurs demand
  • Industry challenges
  • Table: Speech-Language Pathologists Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Speech-Language Pathologists Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Health & Medical Insurance
  • Primary Care Doctors
  • Specialist Doctors
  • Home Care Providers
  • Hospitals
  • Nursing Care Facilities
  • Key Selling Industries
  • Brand Name Pharmaceutical Manufacturing
  • Generic Pharmaceutical Manufacturing
  • Medical Instrument & Supply Manufacturing
  • Primary Care Doctors
  • Specialist Doctors
  • Products & Services
  • Other
  • Semantics, morphology and syntax language disorders
  • Pragmatics and social communication language disorders
  • Autism spectrum disorder
  • Hearing loss
  • Auditory processing disorder
  • Chart: Speech-Language Pathologists Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • Schools
  • Nonresidential healthcare facilities
  • Hospitals
  • Residential healthcare facilities
  • Colleges and universities
  • Chart: Major Market Segmentation for the Speech-Language Pathologists Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Speech-Language Pathologists
  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Speech-Language Pathologists Industry
  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Speech-Language Pathologists 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 Speech-Language Pathologists 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 K-12 students (2007-2021)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Jargon & Glossary
    Auditory Processing Disorder (Apd)
  • Also known as central auditory processing disorder (CAPD), APD is an umbrella term for a variety of disorders that affect the way the brain processes auditory information.
  • Autism Spectrum Disorder (Asd)
  • A development disorder that encompasses a wide range of symptoms, skills, and levels of impairment or disability, such as persistent deficits in social communication and social interaction.
  • Patient Protection And Affordable Care Act (Ppaca)
  • The healthcare reform law passed in 2010 that subsidized state and federal healthcare exchanges and mandated uninsured individuals purchase healthcare insurance.

  • 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 Speech-Language Pathologists:
    • 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 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 Speech-Language Pathologists 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 Speech-Language Pathologists, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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