Primary Care Doctor Market to be Driven by Favorable Healthcare Reforms and Graying Population

A primary care doctor, also known as a primary care physician, is a medical practitioner who consults patients suffering from common medical problems, and refers them to a specialist if advanced treatment is required. Given this basic yet pivotal role of primary care doctors and the rising demand for primary healthcare, the global primary care doctor market will expand at a steady rate over the next few years, says a report by Transparency Market Research. The report, titled ‘Primary Care Doctor Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023,’ projects the future of the primary care doctor market based on drivers, restraints, opportunities, trends, and the competitive scenario. 

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TMR analysts also state that regulatory changes in the United States will have a far-reaching impact on the global primary care doctor market; private healthcare is now affordable more U.S. citizens following a round of federal reforms in the insurance sector in the recent past. 

The report meticulously studies the primary care doctor market based on criteria such as type of treatment and geography. Based on the former, the report segments the primary care doctor market into family medicine doctors, pediatricians, gynecologists or obstetricians, internal medicine doctors, and geriatricians. 

The key regional markets studied in the report include: North America, Latin America, the Middle East, Europe, Asia Pacific, and Rest of the World. North America is identified as the leading region in the primary care doctor market, while Europe is the second-largest market. A number of favorable reforms recently introduced in the United States will augur well for the lead that North America currently has in the primary care doctor market. As more people in the United States strive to maintain a healthy lifestyle well into their 70s and 80s, the role of primary care physicians becomes even more crucial. In 2015, in the United States, about 176,893 primary care physicians were licensed to practice internal medicine.

Multiple emerging economies in the Asia Pacific region will contribute heavily to the creation of a multimillion-dollar primary care doctor market in the region. However, the primary care doctors market in the Asia Pacific region will benefit from the relatively affordable level of care offered by physicians here and the setting up of new medical infrastructure.

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However, restraints such as an erosion in the quality of care and misdistribution will create challenges for the growth of the primary care doctor market. The report on the primary care doctor market provides a detailed analysis of the current and projected landscape of the primary care doctor market globally and for leading national markets. 

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