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Physical Therapists in the US
IBISWorld, March 2009, Pages: 41
This industry comprises establishments of independent health practitioners primarily engaged in one of the following: (1) administering medically prescribed physical therapy treatment on patients suffering from injuries or muscle, nerve, joint, and bone disease; (2) planning and administering educational, recreational, and social activities designed to help patients or individuals with disabilities; and (3) diagnosing and treating speech, language, or hearing problems. These practitioners operate private or group practices in their own facilities (e.g., centers, clinics) or in the facilities of others, such as hospitals or HMO 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.
Introduction
Lets get Physical..
This industry has age on its side. As the population ages, disabilities are expected to occur in a rising proportion of the population, supporting demand for this industrys services. This will promote growth for occupational, physical and speech therapy and audiology services. At the same time, significant growth in demand for occupational therapists and physical therapists could result in labor shortages, which could negatively impact revenue growth and drive up wages costs.
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