DUBLIN, November 24, 2022 /PRNewswire/ — The “US Physical Therapy Clinics: An Industry Analysis” report from Marketdata LLC has been added to from ResearchAndMarkets.com offer.
This Marketdata analysis examines the $34 billion outpatient physical and occupational therapy centers industry
Speech therapy and audiologists are also included. The physiotherapy industry is highly fragmented, with the top 50 competitors capturing only 29% of revenue, making it ripe for consolidation.
Although there are a few national companies, the industry consists mainly of small and medium regional suppliers with an annual turnover slightly above $1 million.
This industry is seeing increased M&A activity from strategic suitors and private equity investors.
Physiotherapists work in hospitals, private practices, outpatient clinics, homes, schools, sports and fitness facilities, workplaces and retirement homes.
This new Marketdata study examines the Nature of the Industry, Projected 2007-2025 National Revenue/Growth, Effects of the Covid-19 Pandemic on Operations and 2020-2021 Revenue, Client and Therapist Demographics , key industry trends, industry structure and extensive operating ratios (national and state census data for establishments and companies), industry regulation, market share of major companies , potential for consolidation and deployment, insurance/Medicare reimbursement trends, etc.
Main topics covered:
Report Scope and Methodology
- Sources and methodology used for the report, scope of the report
Nature and structure of the industry
- Definition and number of physiotherapists, occupational therapists, speech language pathologists and audiologists and what they do, who they work for and where.
- Demographic profile of physiotherapists.
- Major industry trends and issues: diversification, technological changes, consolidation and potential for deployment, increase in patient engagement tools, merit-based incentives
- Industry structure: key parameters: no. facilities, receipts, annual payroll, no. of employees, avg. receipts by establishment – 2002, 2007, 2012, 2017
- Main operating models used by physiotherapy centers
- The main findings of Harris Williams & Company Report (Physical Therapy Market Overview, September 2021)
- Factors influencing the demand for physiotherapy (ageing population, obesity, economic rationale)
- Operations: sources of revenue, typical patient volumes, revenue per patient visit, physical therapist salaries, facility profit margins, composition of payers, etc.
- Medicare reimbursement status, fee caps, 2018 bipartisan budget bill
- Occupational Therapist Overview, Typical Earnings, Job Outlook
- Audiologist Profession Overview, Typical Earnings, Job Outlook, Key Hearing Loss Statistics
Market size, growth, forecast
- Industry size and growth estimates in dollars published by other research companies (Harris Williams Co. Health Value Group)
- Size/Revenue of physiotherapy services from 2007 to 2019, official 5 year government census data and annual county business pattern data
- Marketdata revenue estimates and forecasts for 2020, 2021, 2022, 2025 F, weighted average. sales down and up for three major PT chains/businesses in 2020, 2021
- Discussion and Analysis of the Effects of the Covid-19 Pandemic on Operations and Sales, Findings from American Physical Therapy Assn. August 2020 report: Impact of Covid-19 on the profession of physiotherapist, and May 2021 report (revenue losses, patient volumes, use of telehealth).
- Discussion of major factors affecting industry growth: reimbursement, demand, aging population, obesity, supply of therapists, etc.
Customer demographics
- Discussion and statistics related to population aging trends
- Discussion and statistics related to sports injuries
- Discussion and statistics related to back pain
- Discussion and statistics related to occupational injuries
- Discussion and statistics related to obesity trends
Industry economic operating ratios
- Summary of key industry metrics, NAICS code for the industry, what it includes
- Industry overview: 2002, 2007, 2012, 2017: key ratios (payroll, number of establishments, revenue, average revenue per establishment)
- % annual change in revenue: 2007-2019
Competitor Profiles
- Description and history of the company, no. clinics operated, address, specialties, acquisitions, services, financial data when available
- Physiotherapy in the United States (public company – detailed financial statements incl.)
- ATI Kinesitherapy (public company – detailed financial statements incl.)
- Select Medical
- Athletico Physiotherapy (including Pivot Physiotherapy)
- Penetrant Testing Solutions
- CORA Health Services
- Occupational physiotherapy
Reference directory
- List of national/regional physiotherapy professional associations, journals, consultancies, reports, articles, other key contacts – address and telephones, description of activities.
For more information about this report visit https://www.researchandmarkets.com/r/1w2o0t
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