Physical Therapists in Florida - Industry Market Research Report

On the Mend: the Industry is Expected to Slowly Return to Growth as Disposable Income Rises

Physical Therapists in Florida

The Physical Therapists industry includes physicians that offer rehabilitation services to patients with injuries, musculoskeletal diseases or any other conditions that result in physical pain. Industry operators also offer services for individuals with disabilities including speech, language or hearing problems. In Florida, this industry has performed well over the past five years. Much of this growth has been supported by the state's aging population and increased funding for Medicare and Medicaid. Despite growth from these markets, the industry has contended with volatility over the past five years from patients paying with private health insurance. Moving forward, falling private health insurance enrollment is anticipated to hurt industry revenue growth. Over the next five years, revenue is expected to rise at a slower rate than it did during the previous five-year period.

Operators in this industry include independent health practitioners primarily engaged in outpatient services. These services include administering medically prescribed rehabilitation for patients suffering from injuries or muscle, nerve, joint and bone disease; planning and administering educational, recreational and social activities designed to help patients or individuals with disabilities; and diagnosing and treating speech, language or hearing problems.

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.