Physicians And Other Health Practitioners Market Characteristics
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.
Competitive Landscape of the Physicians And Other Health Practitioners Market
Major players in the global physicians and other health practitioners market include National Health Service, UPMC, Mayo Clinic, John Hopkins, Physicians And Other Health Practitioners
Physicians And Other Health Practitioners Market Size
The physicians and other health practitioners market size is expected to reach $2trillion by 2022, significantly growing at a CAGR of around 5% during the forecast period. The growth in the physicians and other health practitioners market is due to increase in aging population, increased healthcare access and rapid economic growth
However, the market for physicians and other health practitioners is expected to face certain restraints from several factors such as cost involved and increase in interest rates
Physicians And Other Health Practitioners Market Segmentation
The global physicians and other health practitioners market is further segmented based on type and geography.
By Type - The physicians and other health practitioners market is segmented into specialist doctors, primary care doctors, physical therapists, optometrists, chiropractors, podiatrists doctors of osteopathy, psychiatrists, psychologists, other healthcare providers , anaesthesiologists, cardiologists, dermatologists, obstetricians, gynaecologists, geriatricians, neurologists, neuropathologists, paediatricians, radiologists and others , manual physical therapists, ultrasound physical therapists, laser physical therapists, exercise physical therapists, specialized treatments and others physical therapists, orthopaedic physical therapists, geriatric physical therapists, neurological physical therapists, cardiopulmonary physical therapists, paediatric physical therapists, occupational and speech therapists and audiologists , Garston technique, cold laser therapy, spinal decompression, manipulation , podiatric surgery, podiatric sports medicine, podopaediatrics among these segments, the specialist doctors market accounts for the largest share in the global Physicians And Other Health Practitioners market.
By Geography - The global physicians and other health practitioners is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the global physicians and other health practitioners’ market, accounting for around 50% of the market in 2018.
Trends in the Physicians And Other Health Practitioners Market
Electronic prescribing or e-prescribing (e-Rx) is the computer-based electronic generation, transmission and filling of a medical prescription. E-prescribing allows a physician, pharmacist, nurse practitioner, or physician assistant to electronically transmit a new prescription or renewal authorization to a community or mail-order pharmacy. E-prescribing is beneficial to physicians as it reduces errors due to handwritten prescriptions. The E-prescribing trend provides scope for improving physicians and other health professionals’ service quality.
Potential Opportunities in the Physicians And Other Health Practitioners Market
With increase in newly formed health reforms, increasing aging population, rise in economic growth the global physicians and other health practitioners market is expected to significantly rise in the forecast period.