Advertisement
UK markets closed
  • FTSE 100

    8,030.22
    +134.37 (+1.70%)
     
  • FTSE 250

    19,595.89
    +204.59 (+1.06%)
     
  • AIM

    749.94
    +4.27 (+0.57%)
     
  • GBP/EUR

    1.1585
    -0.0022 (-0.19%)
     
  • GBP/USD

    1.2338
    -0.0033 (-0.26%)
     
  • Bitcoin GBP

    53,568.29
    +814.13 (+1.54%)
     
  • CMC Crypto 200

    1,389.86
    -16.14 (-1.15%)
     
  • S&P 500

    4,980.53
    +13.30 (+0.27%)
     
  • DOW

    38,020.11
    +33.71 (+0.09%)
     
  • CRUDE OIL

    83.17
    +0.03 (+0.04%)
     
  • GOLD FUTURES

    2,351.60
    -62.20 (-2.58%)
     
  • NIKKEI 225

    37,438.61
    +370.26 (+1.00%)
     
  • HANG SENG

    16,511.69
    +287.55 (+1.77%)
     
  • DAX

    17,849.82
    +112.46 (+0.63%)
     
  • CAC 40

    8,039.24
    +16.83 (+0.21%)
     

U.S. Primary Care Physicians Market Report 2023: Affordable Care Act Continues to Bolster Sector

Company Logo
Company Logo

U.S. Primary Care Physicians Market

U.S. Primary Care Physicians Market
U.S. Primary Care Physicians Market

Dublin, March 15, 2023 (GLOBE NEWSWIRE) -- The "U.S. Primary Care Physicians Market Size, Share & Trends Analysis Report By Type (General Practice, Family Physician & Geriatrics, General Internal Medicine), By Region, And Segment Forecasts, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.

The U.S. primary care physicians market size is expected to reach USD 339.6 billion by 2030. The market is projected to register a CAGR of 3.28% from 2023 to 2030. A rising number of Medicare beneficiaries in the U.S. have boosted the demand for the primary care physicians (PCPs).

ADVERTISEMENT

According to Kaiser Family Foundation, as of January 2023, there were around 502,217 active PCPs in the U.S. The number of internal medicine physicians was the largest accounting for 205,285 active physicians.

The Patient Protection and Affordable Care Act (ACA) has made health insurance more accessible to millions of uninsured U.S.-based individuals in the past decade. The nonelderly population not covered by Medicare, especially young adults, have gained maximum benefits from these health coverage programs.

In 2020, the U.S. Census Bureau reported that the percentage of insured people was 91.4%. With an increase in the insured population, there is an upsurge in the consumption of healthcare services. Demand for these services and PCPs is, thus, anticipated to increase over the forecast period.

U.S. Primary Care Physicians Market Report Highlights

  • Government bodies have realized the importance of PCPs in developing a value-based healthcare system in the U.S. and have undertaken various initiatives to bridge these gaps between revenues of different specialties

  • As PCPs are focusing on horizontal or vertical consolidation, buyers, such as private equity firms, insurance companies, and hospitals & medical institutes, are getting lucrative opportunities for investment in the market

  • Family physicians are the leading specialty providers in primary care. As per the 2022 Physician Specialty Data Report by the Association of American Medical Colleges, family medicine/general practice accounted for 118,641 active PCPs in 2021

  • The Centers for Medicare & Medicaid Services (CMS) has developed several models, such as Comprehensive Primary Care Plus (CPC+) and Primary Care First Model, to strengthen primary care at the regional and national levels. These models offer innovative payment structures that enhance the delivery of primary care

  • The U.S. PCPs market is highly fragmented, with the presence of small private practices, physicians employed by healthcare networks, and multispecialty groups. There is an upward trend of consolidation in the market due to an increasing shortage of physicians, low remunerations, and growing demand for these services

Key Attributes:

Report Attribute

Details

No. of Pages

75

Forecast Period

2022 - 2030

Estimated Market Value (USD) in 2022

$266 Billion

Forecasted Market Value (USD) by 2030

$339.6 Billion

Compound Annual Growth Rate

3.2%

Regions Covered

United States

Key Topics Covered:

Chapter 1 Report Scope

Chapter 2 Methodology

Chapter 3 Objectives

Chapter 4 Executive Summary

Chapter 5 Market Variables, Trends, & Scope

Chapter 6 U.S. Primary Care Physicians Market: Type Analysis
6.1 U.S. Primary Care Physicians Type Market Share Analysis, 2022 & 2030
6.2 U.S. Primary Care Physicians Type Market: Segment Dashboard
6.2.1 General Practice, Family Physician and Geriatrics
6.2.2 General Internal Medicine
6.2.3 General Pediatrics

Chapter 7 U.S. Primary Care Physicians Market: Region Analysis
7.1 U.S. Primary Care Physicians Region Market Share Analysis, 2022 & 2030
7.2 U.S. Primary Care Physicians Region Market: Segment Dashboard
7.2.1 West
7.2.2 Northeast
7.2.3 Southeast
7.2.4 Southwest
7.2.5 Midwest

Chapter 8 Competitive Analysis

Chapter 9 Recommendations

Companies Mentioned

  • MDVIP

  • 1Life Healthcare, Inc. (One Medical Group)

  • Rhode Island Primary Care Physicians Corporation (RIPCPC)

  • ChenMed LLC

  • Colonial Healthcare

  • Duly Health and Care (Formerly DuPage Medical Group)

  • Optum, Inc.

  • New West Physicians

  • Crossover Health

  • Premier Medical Associates

For more information about this report visit https://www.researchandmarkets.com/r/t8lwu5

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Attachment

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900