Doctors in New York - Industry Market Research Report

Doctors in New York

The Doctors industry in New York has benefited from expanded health insurance coverage and rising total health expenditure in the state. During the five-year period to 2017, total healthcare expenditure in New York grew nearly twice as fast as Gross Domestic Product (GDP). Furthermore, according to the Center for Workforce Studies, many of the fastest-growing occupations in the state are in the healthcare sector. Current trends are expected to accelerate revenue growth during the outlook period. Specifically, the analyst expects rising health insurance coverage and total health expenditure in New York to drive demand for physician services over the five years to 2022.

This industry comprises establishments or health practitioners that have a Doctor of Medicine (MD) degree or Doctor of Osteopathy (DO) degree primarily engaged in the independent practice of general or specialized medicine (e.g. anesthesiology, oncology, ophthalmology, psychiatry) or surgery in New York. These practitioners operate private or group practices in their own offices (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.