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2018 Market Analysis & Industry Outlook: Psychologists & Psychiatrists


Overview: the U.S. Psychologists & Psychiatrists Industry

This report provides answers to key questions about the industry:
What is the total market size (industry revenue)?

This report shows the total market size for the Psychologists & Psychiatrists industry, comprised of total revenues of both public and private companies over the last five years (2013-2018), current year estimates, and outlook to 2022.

What is the industry outlook?

The industry Outlook and Forecasts show how the Psychologists & Psychiatrists industry is heading over the next five years (2019-2022). Market forecasts account for historical growth, cyclical changes, and general economic outlook.

Market Analysis: Is the market growing or declining, and how quickly?

The Market Analysis section shows the five-year growth trends for Psychologists & Psychiatrists, year-by-year from 2013-2018.

Are long-term forecasts positive or negative?

Forecasts for 2019-2022 for the industry show the future growth and market opportunity for Psychologists & Psychiatrists companies.

"We primarily compete with regional and local competitors..."
What is the average company size in the industry?

The average number of employees and average revenue for a typical Psychologists & Psychiatrists company is charted over time for the last five years to the present.

How many companies are in the industry?

Track how many companies compete in the Psychologists & Psychiatrists industry, and how the number of companies has changed over the past five years.


Market Size & Industry Statistics

The total U.S. industry market size for Psychologists & Psychiatrists: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

Psychologists & Psychiatrists market size 2019
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics 2013        2014        2015        2016        2017        2018*
Market Size
(Total Sales/Revenue)


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Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Statistics Source: U.S. Census, AnythingResearch Market Analysis



Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following five-year demand forecast projects both short-term and long-term trends.



Psychologists & Psychiatrists market forecast 2019-2024


Forecast / Industry Outlook 2018* 2019 2020 2021 2022
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Product & Services Breakdown

Research products and services in the Psychologists & Psychiatrists industry generating sales. Note that products are broken into categories with different levels of classification.

Product DescriptionNumber of Companies Sales ($ millions) Percent of Total Sales

Industry Total

Patient Care, Related To Icd-9 Major Category, Based On Primary Diagnosis

Patient Care - Mental Disorders (Icd-9 Codes 290-319)

Patient Care - All Other Patient Care

All Other Receipts

All Other Operating Receipts



U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map by state

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry AveragePercent of Sales
(Industry Benchmark)
Total Revenue

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Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Repairs
Rent paid on business property
Charitable Contributions
Depletion
Domestic production activities deduction
Advertising
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Depreciation
Amortization
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
 
Source: AnythingResearch Analysis of U.S. federal statistics




Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Psychologists & Psychiatrists company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Psychologists & Psychiatrists industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Psychologists & Psychiatrists measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.


Liquidity RatiosIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.


Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.



Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 3%

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Chief Executives0%
General and Operations Managers1%
Life, Physical, and Social Science Occupations 21%
Social Scientists and Related Workers 21%
Psychologists 21%
Clinical, Counseling, and School Psychologists 19%
Community and Social Service Occupations 36%
Counselors, Social Workers, and Other Community and Social Service Specialists 36%
Counselors 18%
Mental Health Counselors 11%
Social Workers 12%
Mental Health and Substance Abuse Social Workers 8%
Miscellaneous Community and Social Service Specialists 6%
Healthcare Practitioners and Technical Occupations 6%
Health Diagnosing and Treating Practitioners 5%
Office and Administrative Support Occupations 26%
Secretaries and Administrative Assistants 10%
Secretaries and Administrative Assistants 10%
Secretaries and Administrative Assistants, Except Legal, Medical, and Executive 6%
Other Office and Administrative Support Workers 6%
Office Clerks, General 6%
Office Clerks, General 6%
Source: Bureau of Labor Statistics


Psychologists & Psychiatrists Competitor Landscape & Key Companies [PREMIUM]

The most influential companies in the Psychologists & Psychiatrists industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Psychologists & Psychiatrists industry and adjacent sectors:

Market Leaders:
Direct Competitors

Companies with the largest market share, focused in this industry
Market leaders:
Diversified Competitors

Largest companies that have diversified operations in this and other industries
Innovators:
Direct Competitors

Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry.
Innovators:
Diversified Competitors

Innovators and Disruptors in adjacent industries that may also affect the Psychologists & Psychiatrists industry.
Source:
IncFact




Innovation News

  • Cadence Child & Adolescent raises $1 million in funding. - 11/05/2018
  • Behavior Exchange trademarks "THE BEHAVIOR EXCHANGE" - Behavioral health services; mental health services; developmental health and autism services - 10/10/2018
  • Behavior Exchange trademarks "WHAT COULD BE, CAN BE." - Behavioral health services; mental health services; developmental health and autism services - 10/10/2018
  • Ulliance trademarks "GUIDED BEHAVIORAL CARE" - Counseling services in the fields of mental health and substance abuse; Consulting in the field of mental health and or substance abuse; Mental health services; Substance abuse services; Chemical dependency and substance abuse treatment consultation services; Mental health treatment consultation services; Providing evaluation, assessment, short-term counseling, and consultation to corporate clients, both directly and through healthcare plan carriers, to help their employees in the areas of mental health and substance abuse; Providing evaluation, assessment, short-term counseling, and consultation to employees, and dependents, of corporate clients, both directly and through healthcare plan carriers, to help them in the areas of mental health and substance abuse; Providing employee assistance programs, both directly and through healthcare plan carriers, in the nature of managed behavioral healthcare programs for members of contracting groups; Providing information via the internet relating to mental health and substance abuse - 07/02/2018
  • Journeypure Management raises $7 million in funding. - 04/11/2018
  • Journeypure Management raises $3 million in funding. - 07/15/2016


  • Government Contracts

    In 2018, the federal government spent a total of $48,589,284 on Psychologists & Psychiatrists. It has awarded 743 contracts to 207 companies, with an average value of $234,731 per company.   

    Most Recent Contracts Date Total Award Amount
    COFFEY, JANE ANN
    4700 W 29th St
    St Louis Park, MN
    Nov 29, 2018$41,560
    RIGHT SOLUTION, INC., THE
    97 Hilltop Village Center Dr
    Eureka, MO
    Nov 29, 2018$20,400
    ARIZONA BEHAVIORAL HEALTH ASSOCIATES, P.C.
    710 N Beaver St Bldg 4
    Flagstaff, AZ
    Nov 28, 2018$105,022
    TOLENTINO, ARTHUR C
    2225 Pleasanton Court Se
    Lacey, WA
    Nov 28, 2018$13,440
    CRUIT, STEPHANIE MSW
    87 Cougar Lane
    Curlew, WA
    Nov 27, 2018$31,933
    QSS GOVERNMENT SOLUTIONS, LLC
    120 Towerview Ct
    Cary, NC
    Nov 21, 2018$22,176




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