Industry growth will continue to be boosted by the aging population of baby boomers and the expansion of the elderly population, as health conditions result in greater demand for physical therapy. Healthcare reform will give more individuals access to insurance coverage, resulting in increased demand for industry services. However, the threat of Medicare caps and reduced reimbursement rates will place pressure on profit margins.
Operators in this industry include independent health practitioners primarily engaged in outpatient services. These services include administering medically prescribed rehabilitation for patients suffering from injuries or muscle, nerve, joint and bone disease; planning and administering educational, recreational and social activities designed to help patients or individuals with disabilities; and diagnosing and treating speech, language or hearing problems.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.