This Physicians and Other Health Practitioners market report provides a comprehensive analysis of the market’s characteristics, size, and growth, including segmentation, regional and country-level breakdowns, competitive landscape, market shares, trends, and strategies. It also tracks historical and forecasted market growth across various geographies.
The physicians and other health practitioners market size has grown strongly in recent years. It will grow from $1.77 trillion in 2024 to $1.89 trillion in 2025 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to medical advancements, aging population, health insurance expansion, government healthcare programs, healthcare regulations.
The physicians and other health practitioners market size is expected to see strong growth in the next few years. It will grow to $2.39 trillion in 2029 at a compound annual growth rate (CAGR) of 6%. The growth in the forecast period can be attributed to telemedicine and digital health, healthcare workforce shortages, health equity initiatives, the potential shifts in reimbursement models. Major trends in the forecast period include telehealth integration, patient-centered care, preventive care and lifestyle medicine, alternative and complementary medicine, team-based care.
The growth of the physicians and other health practitioners market is bolstered by the anticipated stable economic growth in both developed and developing countries. In September 2023, the Bureau of Economic Analysis reported that the real gross domestic product (GDP) in the United States increased at an annual rate of 2.1% in the second quarter of 2023. The market is further supported by recovering commodity prices, especially after a significant decline in the recent past. Stable growth is expected in developed economies, with emerging markets likely to grow slightly faster than their developed counterparts in the forecast period. This stable economic growth is set to boost investments in end-user markets, thereby driving the physicians and other health practitioners market during the forecast period.
The increasing number of hospitals is anticipated to be a driving force behind the growth of the physicians and other health practitioners market in the coming years. Hospitals serve as essential healthcare facilities staffed with medical professionals and equipped with resources to provide a wide range of medical services, including diagnosis, treatment, surgical procedures, and emergency care. Physicians and other health practitioners play a pivotal role in hospitals by offering critical medical expertise, diagnoses, treatments, and patient care. Their presence ensures the effective delivery of healthcare services and contributes to the overall well-being of patients. For instance, as of May 2023, the United States had 6,129 hospitals, signifying a 0.591% increase from the previous year when there were 6,093 hospitals, according to the American Health Care Association. Thus, the rising number of hospitals is a significant factor propelling the growth of the physicians and other health practitioners market.
Physicians and other health practitioners are increasingly adopting e-prescriptions to reduce errors and enhance service quality. E-prescribing, or electronic prescribing, involves the computer-based generation, transmission, and filling of medical prescriptions. This technology allows healthcare professionals, including physicians, nurse practitioners, and physician assistants, to electronically transmit new prescriptions or renewal authorizations to pharmacies, whether in the community or through mail-order services. E-prescribing is particularly beneficial to physicians as it minimizes errors that can occur with handwritten prescriptions. The trend of e-prescribing offers opportunities to improve the service quality of physicians and other healthcare professionals.
Prominent companies operating in the physicians and other health practitioners market are concentrating on the development of innovative solutions, such as digital assistants for doctors, to gain a competitive edge in the market. Digital assistants for doctors are AI-powered software or applications designed to support healthcare professionals, especially doctors, in various aspects of their clinical and administrative tasks. For example, in March 2023, a French-based digital startup named Nabla introduced Copilot, a new service that leverages GPT-3 to assist physicians with their paperwork. Copilot serves as a digital assistant for doctors, capable of transcribing and repurposing information obtained from video conversations. It automates the translation of patient discussions into different document-based outputs, including prescriptions, follow-up appointment letters, and consultation summaries. This innovative approach underscores the commitment of these major companies to innovation and growth within the physicians and other health practitioners market.
Major companies operating in the physicians and other health practitioners market include IHH Healthcare, MEDNAX, Fresenius Medical Care AG & Co. KGaA, NHS England, US Physical Therapy, Henry Schein Inc., Healthway Medical Corp Ltd., Universal Health Services, UnitedHealth Group, CVS Health Corp., McKesson Corporation, AmerisourceBergen Corporation, Cardinal Health Inc., Elevance Health, Centene Corporation, HCA Healthcare Inc., Molina Healthcare Inc., Siemens Healthineers AG, Johnson & Johnson, Pfizer Inc., Merck & Co. Inc., Abbott Laboratories, Thermo Fisher Scientific Inc., Danaher Corporation, Boston Scientific Corporation, Medtronic plc, Stryker Corporation, Zimmer Biomet Holdings Inc., Becton Dickinson and Company, Cerner Corporation, Epic Systems Corporation, Athenahealth Inc., Allscripts Healthcare Solutions Inc., Teladoc Health Inc., Humana Inc., Anthem Inc.
Physicians and other health practitioners encompass healthcare professionals who play a vital role in providing medical care. Physicians, in particular, are medical doctors who have received training in the field of medicine. Additionally, there are various other healthcare professionals, including nurses, diagnostic device operators, and chemists, who contribute to the delivery of healthcare services.
The primary categories of physicians and other healthcare practitioners include specialist doctors, primary care doctors, podiatrists, physical therapists, optometrists, and chiropractors. Optometrists are healthcare professionals with expertise in evaluating and addressing various aspects of eye health, including vision deficiencies, symptoms of injury, ocular diseases or abnormalities, and broader health issues related to the eyes. These healthcare services can involve different types of expenditures, both public and private, and cater to the needs of both male and female patients.
The physicians and other health practitioners market research report is one of a series of new reports that provides physicians and other health practitioners market statistics, including physicians and other health practitioners industry global market size, regional shares, competitors with a physicians and other health practitioners market share, detailed physicians and other health practitioners market segments, market trends and opportunities, and any further data you may need to thrive in the physicians and other health practitioners industry. This physicians and other health practitioners market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
North America was the largest region in the physicians and other health practitioners market in 2024. Asia-Pacific was the second largest region in the physicians and other health practitioners market. The regions covered in the physicians and other health practitioners market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the physicians and other health practitioners market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
The physicians and other health practitioners market includes revenues earned by entities by providing specialized care services by professionals such as neurologists, urologists, and cardiologists. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The physicians and other health practitioners market size has grown strongly in recent years. It will grow from $1.77 trillion in 2024 to $1.89 trillion in 2025 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to medical advancements, aging population, health insurance expansion, government healthcare programs, healthcare regulations.
The physicians and other health practitioners market size is expected to see strong growth in the next few years. It will grow to $2.39 trillion in 2029 at a compound annual growth rate (CAGR) of 6%. The growth in the forecast period can be attributed to telemedicine and digital health, healthcare workforce shortages, health equity initiatives, the potential shifts in reimbursement models. Major trends in the forecast period include telehealth integration, patient-centered care, preventive care and lifestyle medicine, alternative and complementary medicine, team-based care.
The growth of the physicians and other health practitioners market is bolstered by the anticipated stable economic growth in both developed and developing countries. In September 2023, the Bureau of Economic Analysis reported that the real gross domestic product (GDP) in the United States increased at an annual rate of 2.1% in the second quarter of 2023. The market is further supported by recovering commodity prices, especially after a significant decline in the recent past. Stable growth is expected in developed economies, with emerging markets likely to grow slightly faster than their developed counterparts in the forecast period. This stable economic growth is set to boost investments in end-user markets, thereby driving the physicians and other health practitioners market during the forecast period.
The increasing number of hospitals is anticipated to be a driving force behind the growth of the physicians and other health practitioners market in the coming years. Hospitals serve as essential healthcare facilities staffed with medical professionals and equipped with resources to provide a wide range of medical services, including diagnosis, treatment, surgical procedures, and emergency care. Physicians and other health practitioners play a pivotal role in hospitals by offering critical medical expertise, diagnoses, treatments, and patient care. Their presence ensures the effective delivery of healthcare services and contributes to the overall well-being of patients. For instance, as of May 2023, the United States had 6,129 hospitals, signifying a 0.591% increase from the previous year when there were 6,093 hospitals, according to the American Health Care Association. Thus, the rising number of hospitals is a significant factor propelling the growth of the physicians and other health practitioners market.
Physicians and other health practitioners are increasingly adopting e-prescriptions to reduce errors and enhance service quality. E-prescribing, or electronic prescribing, involves the computer-based generation, transmission, and filling of medical prescriptions. This technology allows healthcare professionals, including physicians, nurse practitioners, and physician assistants, to electronically transmit new prescriptions or renewal authorizations to pharmacies, whether in the community or through mail-order services. E-prescribing is particularly beneficial to physicians as it minimizes errors that can occur with handwritten prescriptions. The trend of e-prescribing offers opportunities to improve the service quality of physicians and other healthcare professionals.
Prominent companies operating in the physicians and other health practitioners market are concentrating on the development of innovative solutions, such as digital assistants for doctors, to gain a competitive edge in the market. Digital assistants for doctors are AI-powered software or applications designed to support healthcare professionals, especially doctors, in various aspects of their clinical and administrative tasks. For example, in March 2023, a French-based digital startup named Nabla introduced Copilot, a new service that leverages GPT-3 to assist physicians with their paperwork. Copilot serves as a digital assistant for doctors, capable of transcribing and repurposing information obtained from video conversations. It automates the translation of patient discussions into different document-based outputs, including prescriptions, follow-up appointment letters, and consultation summaries. This innovative approach underscores the commitment of these major companies to innovation and growth within the physicians and other health practitioners market.
Major companies operating in the physicians and other health practitioners market include IHH Healthcare, MEDNAX, Fresenius Medical Care AG & Co. KGaA, NHS England, US Physical Therapy, Henry Schein Inc., Healthway Medical Corp Ltd., Universal Health Services, UnitedHealth Group, CVS Health Corp., McKesson Corporation, AmerisourceBergen Corporation, Cardinal Health Inc., Elevance Health, Centene Corporation, HCA Healthcare Inc., Molina Healthcare Inc., Siemens Healthineers AG, Johnson & Johnson, Pfizer Inc., Merck & Co. Inc., Abbott Laboratories, Thermo Fisher Scientific Inc., Danaher Corporation, Boston Scientific Corporation, Medtronic plc, Stryker Corporation, Zimmer Biomet Holdings Inc., Becton Dickinson and Company, Cerner Corporation, Epic Systems Corporation, Athenahealth Inc., Allscripts Healthcare Solutions Inc., Teladoc Health Inc., Humana Inc., Anthem Inc.
Physicians and other health practitioners encompass healthcare professionals who play a vital role in providing medical care. Physicians, in particular, are medical doctors who have received training in the field of medicine. Additionally, there are various other healthcare professionals, including nurses, diagnostic device operators, and chemists, who contribute to the delivery of healthcare services.
The primary categories of physicians and other healthcare practitioners include specialist doctors, primary care doctors, podiatrists, physical therapists, optometrists, and chiropractors. Optometrists are healthcare professionals with expertise in evaluating and addressing various aspects of eye health, including vision deficiencies, symptoms of injury, ocular diseases or abnormalities, and broader health issues related to the eyes. These healthcare services can involve different types of expenditures, both public and private, and cater to the needs of both male and female patients.
The physicians and other health practitioners market research report is one of a series of new reports that provides physicians and other health practitioners market statistics, including physicians and other health practitioners industry global market size, regional shares, competitors with a physicians and other health practitioners market share, detailed physicians and other health practitioners market segments, market trends and opportunities, and any further data you may need to thrive in the physicians and other health practitioners industry. This physicians and other health practitioners market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
North America was the largest region in the physicians and other health practitioners market in 2024. Asia-Pacific was the second largest region in the physicians and other health practitioners market. The regions covered in the physicians and other health practitioners market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the physicians and other health practitioners market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
The physicians and other health practitioners market includes revenues earned by entities by providing specialized care services by professionals such as neurologists, urologists, and cardiologists. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Executive Summary
Physicians and Other Health Practitioners Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on physicians and other health practitioners market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for physicians and other health practitioners ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The physicians and other health practitioners market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include: the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Specialist Doctors; Primary Care Doctors; Podiatrists; Physical Therapists; Optometrists; Chiropractors2) By Type of Expenditure: Public; Private
3) By End User Gender: Male; Female
Subsegments:
1) By Specialist Doctors: Cardiologists; Neurologists; Dermatologists; Endocrinologists; Orthopedic Surgeons; Gastroenterologists; Obstetricians and Gynecologists2) By Primary Care Doctors: General Practitioners (GPs); Family Medicine Physicians; Internal Medicine Physicians; Pediatricians
3) By Podiatrists: Foot and Ankle Surgeons; Podiatric Dermatologists
4) By Physical Therapists: Orthopedic Physical Therapists; Neurological Physical Therapists; Pediatric Physical Therapists; Geriatric Physical Therapists
5) By Optometrists: Ocular Disease Optometrists; Pediatric Optometrists; Contact Lens Specialists; Vision Rehabilitation Specialists
6) By Chiropractors: Sports Chiropractors; Pediatric Chiropractors; Neurologic Chiropractors; Wellness Chiropractors
Key Companies Mentioned: IHH Healthcare; MEDNAX; Fresenius Medical Care AG & Co. KGaA; NHS England; US Physical Therapy
Countries: Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
The major companies featured in this Physicians and Other Health Practitioners market report include:- IHH Healthcare
- MEDNAX
- Fresenius Medical Care AG & Co. KGaA
- NHS England
- US Physical Therapy
- Henry Schein Inc.
- Healthway Medical Corp Ltd
- Universal Health Services
- UnitedHealth Group
- CVS Health Corp.
- McKesson Corporation
- AmerisourceBergen Corporation
- Cardinal Health Inc.
- Elevance Health
- Centene Corporation
- HCA Healthcare Inc.
- Molina Healthcare Inc.
- Siemens Healthineers AG
- Johnson & Johnson
- Pfizer Inc.
- Merck & Co. Inc.
- Abbott Laboratories
- Thermo Fisher Scientific Inc.
- Danaher Corporation
- Boston Scientific Corporation
- Medtronic plc
- Stryker Corporation
- Zimmer Biomet Holdings Inc.
- Becton Dickinson and Company
- Cerner Corporation
- Epic Systems Corporation
- Athenahealth Inc.
- Allscripts Healthcare Solutions Inc.
- Teladoc Health Inc.
- Humana Inc.
- Anthem Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 350 |
| Published | April 2025 |
| Forecast Period | 2025 - 2029 |
| Estimated Market Value ( USD | $ 1.89 Trillion |
| Forecasted Market Value ( USD | $ 2.39 Trillion |
| Compound Annual Growth Rate | 6.0% |
| Regions Covered | Global |
| No. of Companies Mentioned | 36 |
