Podiatrists in the US - Industry Market Research Report
Description
Podiatrists in the US
COVID-19 brought a temporary setback for podiatrists' revenue, but telemedicine and government aid softened the negative impact on profit. Post-COVID-19, a rebound in sports participation, increased obesity rates and growth in the number of adults aged 65 and older brought feet and ankles back to the examining room. Increases in federal funding for Medicare, Medicaid and recreation expenditures supported payments for the medical services. Despite the losses experienced in 2020, industry-wide revenue has grown at an estimated CAGR of 2.3% to $7.0 billion over the five years to 2023, when revenue is expected to jump an estimated 5.1%.
This industry includes the operations of health practitioners who have the degree of DPM (Doctor of Podiatric Medicine) and are primarily engaged in the independent practice of podiatry. These practitioners diagnose and treat diseases and deformities of the foot and operate private or group practices in their own offices or in the facilities of other institutions, such as hospitals and other medical centers.
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.
COVID-19 brought a temporary setback for podiatrists' revenue, but telemedicine and government aid softened the negative impact on profit. Post-COVID-19, a rebound in sports participation, increased obesity rates and growth in the number of adults aged 65 and older brought feet and ankles back to the examining room. Increases in federal funding for Medicare, Medicaid and recreation expenditures supported payments for the medical services. Despite the losses experienced in 2020, industry-wide revenue has grown at an estimated CAGR of 2.3% to $7.0 billion over the five years to 2023, when revenue is expected to jump an estimated 5.1%.
This industry includes the operations of health practitioners who have the degree of DPM (Doctor of Podiatric Medicine) and are primarily engaged in the independent practice of podiatry. These practitioners diagnose and treat diseases and deformities of the foot and operate private or group practices in their own offices or in the facilities of other institutions, such as hospitals and other medical centers.
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
43 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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