Over the five years to 2017, physical therapy's role in promoting health and wellness has increased, benefiting the industry. Moving forward, revenue for the Physical Therapists industry is expected to continue to grow as healthcare reform keeps demand for physical therapy high. Additionally, the industry will play a vital role in home health, as more of the senior population requires physical rehabilitation services to stay mobile and self-sufficient. However, Medicare reimbursement caps for physical therapy may constrain revenue growth in the future.
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.