The U.S. mobile physician practice market size is
expected to reach USD 201.4 million, expanding at a CAGR of 5.9% by 2026, based
on a new report by Grand View Research, Inc. Advancements in healthcare
technology have enabled physicians to improve medical practices offered during
house calls. In addition, telehealth has enabled mobile practitioners to
remotely monitor their patients and keep track of medical records efficiently.
Growing prevalence of chronic diseases among
geriatric population is anticipated to propel market growth. Disabilities owing
to chronic disorders make it difficult for elderly people to visit healthcare
facilities for routine checkup. Mobile physician practice services allow patients
to book house calls and get themselves checked at home by professionals. In
addition, initiatives from regulatory bodies such as Centers for Medicare &
Medicaid Services (CMS) to reduce medical expenses are anticipated to impel
market growth. Moreover, advent of mobile applications allowing physicians
practice telehealth is expected to augment market growth.
The emergency medicine type segment is expected to
continue holding the leading market share over the forecast period, attributed
to longer wait time at emergency medical departments in hospitals, high
visiting costs, and understaffed healthcare facilities. The telehealth segment
is projected to witness the fastest CAGR over the forecast period, owing to
technological advancements in healthcare industry.Adoption of advanced
solutions by the physicians to provide quality healthcare services to the
patients is expected to further fuel the market.
In 2018, the primary care services segment held the
largest market share and is anticipated to continue its dominance over the
forecast period. The rehabilitation services segment is expected to exhibit the
fastest CAGR in the forthcoming years. Growing adoption of rehabilitation
services by patients at home owing to convenience and comfort is driving the growth.
Based on end use, home healthcare is expected to continue holding the dominant
market share over the forecast period.
Browse full research report on U.S.
Mobile Physician Practice Market: https://www.grandviewresearch.com/industry-analysis/us-mobile-physician-practice-market
Further key findings from the study suggest:
- Majority of mobile
physician service providers in U.S. operate on value-based contracts
offering long term medical facilities to patients
- In 2018, the
emergency medicine segment held the largest market share owing to
cost-effective and immediate mobile services offered by physicians during
house calls
- Multiple services
are offered by mobile physicians depending on the patient’s complexity.
Primary care service has significant demand in the market for the
treatment of acute ailments among homebound patients and those at assisted
living facilities
- The home healthcare
segment is anticipated to continue holding the largest market share during
the forecast period
- Some of the key
players operating in the market are Visiting Nurse Association (VNA)
Health Group; Mobile Physician Services, Inc.; Team Select Home Care;
TeamHealth; Mobile Physicians Group; Doctor On Demand, Inc.; Florida
Mobile Physicians, LLC; PriveMD; PatientPop, Inc.; and SOS Doctor.
Browse request sample of this report by
Grand View Research: https://www.grandviewresearch.com/industry-analysis/us-mobile-physician-practice-market/request/rs1
Grand
View Research has segmented the U.S. mobile physician practice market based on
type, service, and end use:
U.S. Mobile
Physician Practice Type Outlook (Revenue, USD Million, 2015 - 2026)
- Emergency Medicine
- Telehealth
- Others
U.S. Mobile
Physician Practice Services Outlook(Revenue, USD Million, 2015 - 2026)
- Primary Care
- Short-Term Episodic
Care
- Monitoring Services
- Wound Care
- Pain Management
- Rehabilitation
Services
- Palliative Care
- Others
U.S. Mobile
Physician Practice End-use Outlook (Revenue, USD Million, 2015 - 2026)
- Home Healthcare
- Hospices
- Nursing Care
- Assisted Living
Facility
About Grand View Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology to
chemicals, materials and healthcare.
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