Specialist Doctors in Illinois - Industry Market Research Report

Full Coverage: Rising Income and An Increasingly Insured Population Will Likely Generate Steady Demand

Specialist Doctors in Illinois

Revenue generated by Specialist Doctors in Illinois has grown at a healthy pace over the five years to 2017, thanks to an increasingly insured population and rising total health expenditure in the state. These factors, combined with an aging US population, are expected to provide steady demand for industry operators. Furthermore, nationwide demographic shifts are also fueling demand for industry services. In general, average life expectancy continues to rise thanks to medical advances, and an aging population has resulted in an increase in chronic illnesses. However, recent changes to Medicare's reimbursement rates as a result of healthcare reform have threatened industry revenue. Over the next five years, though revenue is expected to be slightly constrained due to these regulatory changes, increasing income levels and an increasingly insured population are expected to generate steady demand for industry services.

A specialist doctor is a physician whose practice is limited to a particular branch of medicine or surgery. This industry includes establishments or health practitioners with a doctor of medicine or doctor of osteopathy degree. These individuals primarily practice specialized medicine, such as anesthesiology, surgery or oncology and ophthalmology. This industry does not include primary care physicians.

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.