Midwives & Doulas in the US - Industry Market Research Report
Description
Midwives & Doulas in the US
For women of childbearing age and their families, midwives and doulas are becoming a more mainstream alternative to OB-GYNs in providing pregnancy, labor and postpartum services, with the majority of women choosing a certified nurse midwife (CNM) over other midwives. Doulas are also growing in acceptance, hired to collaborate with medically trained providers. COVID-19 accelerated the need for services as health fears drove expectant parents to seek services delivered in-home or at a birthing center. In some states, rising demand for midwives has facilitated changes in Medicaid reimbursement rates, supporting profit growth. Some states are including reimbursements for doulas as well. As a result of increased funding from the government and private insurers, industry-wide revenue has been growing at a CAGR of 3.1%% over the past five years and is expected to total $5.2 billion in 2023, when revenue will jump by an estimated 1.5%.
Midwives and doulas are nonphysician healthcare providers that aid the delivery of babies and care of the mother. Industry operators offer care to childbearing women during their pregnancy, labor and during the postpartum period. They may also help care for the newborn through six weeks of age, including assisting the mother with breastfeeding.
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.
For women of childbearing age and their families, midwives and doulas are becoming a more mainstream alternative to OB-GYNs in providing pregnancy, labor and postpartum services, with the majority of women choosing a certified nurse midwife (CNM) over other midwives. Doulas are also growing in acceptance, hired to collaborate with medically trained providers. COVID-19 accelerated the need for services as health fears drove expectant parents to seek services delivered in-home or at a birthing center. In some states, rising demand for midwives has facilitated changes in Medicaid reimbursement rates, supporting profit growth. Some states are including reimbursements for doulas as well. As a result of increased funding from the government and private insurers, industry-wide revenue has been growing at a CAGR of 3.1%% over the past five years and is expected to total $5.2 billion in 2023, when revenue will jump by an estimated 1.5%.
Midwives and doulas are nonphysician healthcare providers that aid the delivery of babies and care of the mother. Industry operators offer care to childbearing women during their pregnancy, labor and during the postpartum period. They may also help care for the newborn through six weeks of age, including assisting the mother with breastfeeding.
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
41 Pages
- TABLE OF CONTENTS
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
Search Inside Report
Pricing
Currency Rates
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