Physicians And Other Health Practitioners Market 2024 Report By Key Companies, Regional Analysis And Forecast 2033

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Physicians And Other Health Practitioners Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $2364.85 billion In 2028 At A CAGR Of 6.2% :

The physicians and other health practitioners market size has grown strongly in recent years. It will grow from $1709.96 billion in 2023 to $1856.01 billion in 2024 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to medical advancements, aging population, health insurance expansion, government healthcare programs, healthcare regulations.

The physicians and other health practitioners market size is expected to see strong growth in the next few years. It will grow to $2364.85 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to telemedicine and digital health, healthcare workforce shortages, health equity initiatives, the potential shifts in reimbursement models. Major trends in the forecast period include telehealth integration, patient-centered care, preventive care and lifestyle medicine, alternative and complementary medicine, team-based care.

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Physicians And Other Health Practitioners Market Major Segments
The physicians and other health practitioners market covered in this report is segmented -

1) By Type: Specialist Doctors, Primary Care Doctors, Podiatrists, Physical Therapists, Optometrists, Chiropractors
2) By Type of Expenditure: Public, Private
3) By End User Gender: Male, Female

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

Key Driver - Economic Stability Fuels Growth In The Physicians And Health Practitioners Market

The physicians and other health practitioners market growth is aided by stable economic growth forecasted in many developed and developing countries. For instance, in September 2023, according to the Bureau of Economic Analysis, a US-based government agency, the real gross domestic product (GDP) increased at an annual rate of 2.1% in the second quarter of 2023. Recovering commodity prices, after a significant decline in the historic period is further expected to aid the market growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. Stable economic growth is expected to increase investments in end user markets, thereby driving the market during forecast period.

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Prominent Trend - The Role Of E-Prescriptions In Modern Medical Practice

Physicians and other health practitioners are increasingly using e-prescriptions to reduce errors and improve service quality. 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.

Physicians And Other Health Practitioners Market Players
Major companies operating in the physicians and other health practitioners market include IHH Healthcare, MEDNAX, Fresenius Medical Care AG & Co. KGaA, NHS England, US Physical Therapy, Henry Schein Inc., Healthway Medical Corp Ltd, Universal Health Services, UnitedHealth Group, CVS Health Corp., McKesson Corporation, AmerisourceBergen Corporation, Cardinal Health Inc., Elevance Health, Centene Corporation, HCA Healthcare Inc., Molina Healthcare Inc., Siemens Healthineers AG, Johnson & Johnson, Pfizer Inc., Merck & Co. Inc., Abbott Laboratories, Thermo Fisher Scientific Inc., Danaher Corporation, Boston Scientific Corporation, Medtronic plc, Stryker Corporation, Zimmer Biomet Holdings Inc., Becton Dickinson and Company, Cerner Corporation, Epic Systems Corporation, Athenahealth Inc., Allscripts Healthcare Solutions Inc., Teladoc Health Inc., Humana Inc., Anthem Inc.

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Largest And Fastest Growing Region In The Market
North America was the largest region in the physicians and other health practitioners market in 2023. Asia-Pacific was the second largest region in the physicians and other health practitioners market. The regions covered in the physicians and other health practitioners market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Physicians And Other Health Practitioners Market Report Structure
3. Physicians And Other Health Practitioners Market Trends And Strategies
4. Physicians And Other Health Practitioners Market - Macro Economic Scenario
5. Physicians And Other Health Practitioners Market Size And Growth
…..
27. Physicians And Other Health Practitioners Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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