Gynecologists & Obstetricians in the US - Industry Market Research Report

In good hands: Insurance coverage and reimbursements will benefit the industry

While many healthcare industries have experienced substantial growth, OB-GYN's growth has been muted. In addition to a slower birth rate, which impacts OB services (the market's largest segment), the reduction in reimbursements caused by fewer people with private health insurance have demand to fall off. COVID-19 also reduced revenue, but rebounding doctor visits and government funding was short-lived. COVID-19 greatly impacted wages, stripping profit and leading to declines in establishments and enterprises. Negatively affected by the economic shocks and cost surges, industry-wide revenue has been declining at a CAGR of 0.3% over the past five years and is expected to total $13.5 billion in 2023, when revenue will drop by an estimated 1.0%. Gynecologists are surgeons and medical doctors who specialize in diseases relating to the female reproductive system. These doctors manage diseases of the uterus, fallopian tubes, ovaries and cervix. This industry includes obstetricians who are responsible for prenatal care and child delivery. 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.