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2025 U.S. Industry Statistics & Market Forecast - Offices of Physicians
Market Size & Industry Statistics
The total U.S. industry market size for Offices of Physicians :
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.
| Statistics | 2020 2021 2022 2023 2024 | |
|---|---|---|
| Market Size (Total Sales/Revenue) |
Order at top of page | |
| Total Firms | ||
| Total Employees | ||
| Average Revenue Per Firm | ||
| Average Employees Per Firm | ||
| Average Revenue Per Employee | ||
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
| Forecast / Industry Outlook | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| Market Forecast ($ millions) | |||||
| Projected Industry Growth Rate (%) | |||||
Industry Insights
Major trends affect the Offices of Physicians industry include:- Increased reliance on telemedicine and virtual consultations
- Growing importance of integrated healthcare systems
- Rising focus on specialized and personalized medicine
- Expansion of ancillary services
- Impact of healthcare reform and policy changes
- Advancements in medical technology
- Enhanced emphasis on preventive care and wellness programs
- Challenges in managing healthcare costs and reimbursement
- Increasing demand for outpatient services
- Shift toward value-based care models
- Adoption of electronic health records and health information technology
- Aging population requiring more medical services
- Increased regulatory scrutiny and compliance requirements
- Workforce shortages, particularly in rural areas
- Growing patient consumerism and empowerment
Product & Services Breakdown
Research products and services in the Offices of Physicians industry generating sales. Note that products are broken into categories with different levels of classification.| Product Description | Number of Companies | Sales ($ millions) | Percent of Total Sales |
|---|---|---|---|
Industry Total |
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Patient Care, Related To Icd-9 Major Category, Based On Primary Diagnosis |
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Patient Care - Infectious And Parasitic Diseases (Icd-9 Codes 001-139) |
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Patient Care - Neoplasms (Tumors) (Icd-9 Codes 140-239) |
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Patient Care - Endocrine, Nutritional And Metabolic Diseases, And Immunity Disorders (Icd-9 Codes 240-279) |
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Patient Care - Diseases Of The Blood And Blood-Forming Organs (Icd-9 Codes 280-289) |
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Patient Care - Mental Disorders (Icd-9 Codes 290-319) |
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Patient Care - Diseases Of The Nervous System And Sense Organs (Icd-9 Codes 320-389) |
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Patient Care - Diseases Of The Circulatory System (Icd-9 Codes 390-459) |
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Patient Care - Diseases Of The Respiratory System (Icd-9 Codes 460-519) |
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Patient Care - Diseases Of The Digestive System (Icd-9 Codes 520-579) |
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Patient Care - Diseases Of The Genitourinary System (Reproductive And Urinary System Organs) (Icd-9 Codes 580-629) |
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Patient Care - Complications Of Pregnancy, Childbirth, And The Puerperium (Icd-9 Codes 630-679) |
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Patient Care - Diseases Of The Skin And Subcutaneous Tissue (Icd-9 Codes 680-709) |
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Patient Care - Diseases Of The Musculoskeletal System And Connective Tissue (Icd-9 Codes 710-739) |
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Patient Care - Congenital (Present At Birth) Anomalies (Icd-9 Codes 740-759) |
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Patient Care - Certain Conditions Originating In The Perinatal Period (Infant) (Icd-9 Codes 760-779) |
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Patient Care - Symptoms, Signs, And Ill-Defined Conditions (Icd-9 Codes 780-799) |
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Patient Care - Injury And Poisoning (Icd-9 Codes 800-999) |
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Patient Care - Supplementary Classification Of Factors Influencing Health Status And Contact With Health Services (Icd-9 Codes V |
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Patient Care - Supplementary Classification Of External Causes Of Injury And Poisoning (Icd-9 Codes E800-E999) |
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Patient Care - All Other Patient Care |
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Rental Or Lease Of Goods And/Or Equipment |
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Rental Or Lease Of - Medical Equipment |
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Rental Or Lease Of - All Other Goods And/Or Equipment |
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Resale Of Merchandise |
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Resale Of - Hearing Aids |
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Resale Of - Pharmaceuticals |
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Resale Of - Optical Goods |
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Resale Of - Orthopedic Appliances |
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Resale Of - All Other Merchandise |
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All Other Resale Of Medical Equipment And Supplies |
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All Other Receipts |
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All Other Operating Receipts |
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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.
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 Average | Percent of Sales (Industry Benchmark) |
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|---|---|---|
| Total Revenue | Order at top of page |
|
| 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 Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Offices of Physicians company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.| Profitability & Valuation Ratios | Industry 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 Offices of Physicians industry is performing. | |
| Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
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| 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). |
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| Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Offices of Physicians measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
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| Liquidity Ratios | Industry 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. |
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| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
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| Efficiency Ratios - Key Performance Indicators | Industry 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. |
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| Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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| Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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| 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. |
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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.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 4% | Order at top of page |
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| Chief Executives | 0% | |||
| General and Operations Managers | 1% | |||
| Healthcare Practitioners and Technical Occupations | 45% | |||
| Healthcare Diagnosing or Treating Practitioners | 33% | |||
| Registered Nurses | 8% | |||
| Registered Nurses | 8% | |||
| Physicians | 14% | |||
| Health Technologists and Technicians | 11% | |||
| Healthcare Support Occupations | 18% | |||
| Other Healthcare Support Occupations | 17% | |||
| Miscellaneous Healthcare Support Occupations | 17% | |||
| Medical Assistants | 15% | |||
| Office and Administrative Support Occupations | 28% | |||
| Information and Record Clerks | 9% | |||
| Receptionists and Information Clerks | 6% | |||
| Receptionists and Information Clerks | 6% | |||
| Secretaries and Administrative Assistants | 9% | |||
| Secretaries and Administrative Assistants | 9% | |||
| Medical Secretaries and Administrative Assistants | 8% | |||
Offices of Physicians Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Offices of Physicians 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 Offices of Physicians 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 Offices of Physicians industry. |
Latest Industry News
- How Trump's tax bill could cut Medicaid for millions of Americans - President Donald Trump's tax cut bill would enact steep cuts to the nation's safety-net health insurance program for low income families. (07/01/2025)
- Accounting firms for doctors ink merger - Cutcher & Neale and BBB Partners have agreed to a merger, expanding the former’s footprint to Melbourne in an all-scrip deal. This brings 17 partners on one side, five on the other, under one roof alongside a 200-plus-person staff. (07/01/2025)
- Pa. state trooper charged with aggravated assault of infant - The Pennsylvania Office of the Attorney General has charged a Pennsylvania State Trooper with felony aggravated assault and endangering the welfare of a child, and misdemeanor offenses of simple (07/01/2025)
- Tax optimization strategies every employed physician should know - If you are an employed physician, regardless of setting, your career will be rewarding in many ways, including the sense of purpose that all physicians enjoy and the avoidance of many business issues that contribute to stress and burnout. (07/01/2025)
- Inspection of medical college: CBI arrests 3 doctors for taking bribe - The CBI has arrested three doctors for allegedly taking bribes of Rs 55 lakh to give favourable reports for the recognition of a private medical college in Chhattisgarh, officials said Tuesday. The CBI conducted searches at more than 40 locations across Karnataka, (07/01/2025)
- Top salaries at the University of Iowa: Who's making the big bucks? - University of Iowa's top earners include head coaches and experienced doctors. Find out who are the top employees are in Iowa City: (07/01/2025)
- ‘Sense of doom’: Morale plunges as some VA health workers fear worsening shortages, staffing cuts - Attrition, hiring freezes, and fears of layoffs have medical staff at VA hospitals across the country worried. (07/01/2025)
- Newly formed Orthopedic Specialists of Jacksonville opens in two offices - Ten orthopedic surgeons left Jacksonville Orthopaedic Institute in the spring to open Orthopedic Specialists of Jacksonville earlier this month. The group sees patients in two offices: at 5191 First Coast Technology Parkway near Butler and Kernan boulevards and 14534 Old St. Augustine Road, Suite 3210, near the Baptist Health South Campus. (06/30/2025)
- GOP rep speaks out after being forced to evacuate offices over threats from pro-abortion activists - Fla., spoke to "Fox & Friends First" on Friday after she received death threats and had to evacuate her office after sharing her story of her ectopic pregnancy. (06/27/2025)
- Doctors Say Biden's Cancer Diagnosis is Uncommon, Not 'Unheard Of' As Questions About Timing Mount - Former President Joe Biden was diagnosed last week with an aggressive form of prostate cancer, which has spread to his bones. Doctors say the diagnosis is unusual. (05/20/2025)
