
Dermatologists in the US - Industry Market Research Report
Description
Dermatologists in the US
Rising incomes and broader insurance coverage have facilitated access to dermatology practices in recent years, supporting robust practice growth. While COVID-19 disrupted growth as patient volumes fell in 2020, a jump in healthcare spending and pent-up demand post-COVID offset the decline. Still, the pandemic has had more lasting effects on dermatology practices. COVID-19 has caused more practices to adopt teledermatology while rising operating costs have accelerated consolidation activity. Revenue has expanded at a CAGR of 1.0% to $8.7 billion over the past five years. A slowdown in total healthcare spending and recession concerns will decelerate growth to 0.5% in 2023.
This industry includes health practitioners that specialize in diagnosing and treating diseases of the skin, scalp, hair and nails. Dermatologists may also offer cosmetic services such as Botox. Plastic surgeons, however, are not included in this industry.
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."
Rising incomes and broader insurance coverage have facilitated access to dermatology practices in recent years, supporting robust practice growth. While COVID-19 disrupted growth as patient volumes fell in 2020, a jump in healthcare spending and pent-up demand post-COVID offset the decline. Still, the pandemic has had more lasting effects on dermatology practices. COVID-19 has caused more practices to adopt teledermatology while rising operating costs have accelerated consolidation activity. Revenue has expanded at a CAGR of 1.0% to $8.7 billion over the past five years. A slowdown in total healthcare spending and recession concerns will decelerate growth to 0.5% in 2023.
This industry includes health practitioners that specialize in diagnosing and treating diseases of the skin, scalp, hair and nails. Dermatologists may also offer cosmetic services such as Botox. Plastic surgeons, however, are not included in this industry.
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."
Table of Contents
40 Pages
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
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