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Physical Therapy Rehabilitation Centers - Industry Market Research Report

  • ID: 2691726
  • Report
  • August 2020
  • Region: Global
  • 47 pages
  • IBISWorld
Getting Stronger: Economic Recovery Will Likely Support Industry Revenue Growth

Physical Therapy Rehabilitation Centers

The Physical Therapy Rehabilitation Centers industry comprises both inpatient and outpatient therapy facilities that provide physical therapy, speech pathology and occupational therapy services. Over the five years to 2019, the industry experienced revenue growth as a result of the aging population and increasing acceptance of the benefits of physical therapy services. The number of adults aged 65 and older has also helped support industry revenue growth during the period because seniors are more likely to require physical therapy services due to of the increased prevalence of injuries, illnesses and chronic conditions in that age group. Though the overall economy struggled early on in the period, the industry remained profitable because physical therapy rehabilitation centers derive a large share of revenue from Medicare reimbursements. The industry is highly fragmented, with a large number of small private practices competing for revenue. The aging population, healthcare reform and economic recovery are all expected to support industry revenue growth over the five years to 2024.

Physical therapy rehabilitation centers are facilities that provide therapy and training for rehabilitation. Industry establishments include freestanding rehabilitation hospitals, acute care hospitals with inpatient rehabilitation centers and outpatient rehabilitation centers that provide physical, occupational or speech therapy services. This report excludes drug, alcohol and other rehabilitation services.

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.

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ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization
MAJOR COMPANIES

OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY
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A selection of companies mentioned in this report includes:

  • Encompass Health Corporation
Note: Product cover images may vary from those shown

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