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Alternative Healthcare Providers in the US - Industry Market Research Report

  • September 2016
  • -
  • Ibisworld
  • -
  • 36 pages

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New age: Greater public awareness and adoption of alternative care will aid industry demand



Abstract

Alternative Healthcare Providers in the US

The Alternative Healthcare Providers industry is becoming more mainstream and less alternative. Consistent demand for alternative care is partly attributable to the essential nature of industry services, as patients are less likely to cut spending on healthcare than they are to reduce spending on more discretionary goods. Moreover, as the number of people with disabilities increases in the United States, more insurance companies and employers are recognizing the benefit of covering alternative healthcare. Consequently, industry revenue is expected to increase over the five years to 2016. Demand for alternative healthcare is expected to rise over the next five years as a result of increasingly favorable attitudes toward industry services and favorable demographic trends, resulting in revenue growth over the next five years.

This industry provides health services that are not classified in any other industry, such as meditation, yoga or massage. These practitioners operate private or group practices in their own offices or in the facilities of others, such as hospitals, medical centers or patient homes. The industry does not include chiropractors; mental health specialists; physical, occupational and speech therapists; audiologists; or podiatrists.

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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