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Cardiologists - Industry Market Research Report

  • July 2016
  • -
  • Ibisworld
  • -
  • 31 pages

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Steady pulse: Demand from seniors and increased healthcare coverage will support industry growth



Abstract

Cardiologists

Driven by an aging population and an increased rate of obesity, revenue, employment and wages in the Cardiologists industry have grown over the past five years. Having contended with relatively slow growth during the recession as potential patients lost access to health coverage, the expansion of private health insurance under the 2010 federal healthcare overhaul has propelled the industry's fastest growth in over a decade. Improving economic conditions through 2019 are expected to underpin steady growth for cardiologists, though profit pressures will encourage consolidation in the industry. Despite the benefits received from health reform, however, continued unpredictability in Medicare and Medicaid reimbursement rates will pose a challenge to doctors in the industry.

Cardiologists are doctors who specialize in diagnosing and treating conditions of the heart and blood vessels. Cardiologists also specialize in heart disease prevention and management.

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.



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