Global Physicians And Other Health Practitioners Market Trends And Strategies Of Major Players In The Physicians And Other Health Practitioners Market 2021-2030

28 Jun, 2021

The physicians and other health practitioners market consists of sales of physician and other health practitioners' services and related goods by entities (organizations, sole traders and partnerships) that provide medical care services. This industry includes specialist doctors such as psychiatrists, psychologists and others that provide palliative care, treating psychosomatic disorders, mental disorders and others. It also includes primary care doctors and other physical therapists providing treatment in therapy areas such as cardiology, dermatology, neurology, gynecology, anesthesia and others.

Global Physicians And Other Health Practitioners Market Size And Drivers:

The global physicians and other health practitioners market is expected to grow from $1430.11 billion in 2020 to $1505.37 billion in 2021 at a compound annual growth rate (CAGR) of 5.3%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $1938.24 billion in 2025 at a CAGR of 7%. The physicians and other health practitioners market growth is aided by stable economic growth forecasted in many developed and developing countries.

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Trends In The Global Physicians And Other Health Practitioners Market

Inadequate public health insurance is one of the major barriers for the growth of the overall healthcare industry. Lack of public health insurance coverage makes it difficult for patients to obtain health services. According to a recent report released by WHO and the World Bank, 400 million people do not have access to essential health services and 6% of people in low- and middle-income countries were tipped into or pushed further into extreme poverty because of health spending. Inadequate pubic health insurance schemes in certain developing economies will be a major barrier for proper health protection and will restrain growth of the physicians and other health practitioners market during the forecast period.

Global Physicians And Other Health Practitioners Market Segments:
The global physicians and other health practitioners market is further segmented based on type, end user gender, type of expenditure and geography.
By Type: Specialist Doctors, Primary Care Doctors, Podiatrists, Physical Therapists, Optometrists, Chiropractors
By End User Gender: Male, Female
By Type of Expenditure: Public, Private
Subsegments covered: Doctors of Osteopathy, Psychiatrists, Psychologists, Other Healthcare Providers, Anesthesiologists, Cardiologists, Dermatologists, Obstetricians/ Gynecologists, Geriatricians, Neurologists, Neuropathologists, Pediatricians, Radiologists, Other Primary Care Doctors, General Podiatry, Podiatric Surgery, Podiatric Sports Medicine, Podopaediatrics
By Geography: The global physicians and other health practitioners market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global physicians and other health practitioners market, accounting for 47% of the market in 2020.

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Physicians And Other Health Practitioners Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides physicians and other health practitioners market overviews, analyzes and forecasts market size and growth for the global physicians and other health practitioners market, physicians and other health practitioners market share, physicians and other health practitioners market players, physicians and other health practitioners market segments and geographies, physicians and other health practitioners market’s leading competitors’ revenues, profiles and market shares. The physicians and other health practitioners market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.