Offices of Physicians, Mental Health Specialists Industry Research Report
Industry Overview
This U.S. industry comprises establishments of health practitioners having the degree of M.D. (Doctor of Medicine) or D.O. (Doctor of Osteopathic Medicine) primarily engaged in the independent practice of psychiatry or psychoanalysis. These practitioners operate private or group practices in their own offices (e.g., centers, clinics) or in the facilities of others, such as hospitals or HMO medical centers. Cross-References.
Source: U.S. Census BureauMarket Size and Industry Forecast
This research report analyzes the market size and trends in the Offices of Physicians, Mental Health Specialists industry. It shows overall market size from 2020 to the present, and predicts industry growth through 2030. Revenues data include both public and private companies.
| Historical | Forecasted |
|---|
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|
| Market Size (Total Revenue) | Included in Report |
| % Growth Rate |
| Number of Companies |
| Total Employees |
| Average Revenue per Company |
| Average Employees per Company |
Source: U.S. government financial dataIndustry Revenue ($ Billions)
Industry Forecast ($ Billions)
Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.
Geographic Breakdown by U.S. State
Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Offices of Physicians, Mental Health Specialists companies in the United States.
Offices of Physicians, Mental Health Specialists Revenue by State
Distribution by Company Size
| Company Size | All Industries | Offices of Physicians, Mental Health Specialists |
|---|
| Small Business (< 5 Employees) | Included |
| Small Business (5 - 20) |
| Midsized Business (20 - 100) |
| Large Business (100 - 500) |
| Enterprise (> 500) |
Offices of Physicians, Mental Health Specialists Industry Income Statement (Average Financial Metrics)
Financial statement analysis determines averages for the following industry forces:
- Cost of goods sold
- Compensation of officers
- Salaries and wages
- Employee benefit programs
- Rent paid
- Advertising and marketing budgets
The report includes a traditional income statement from an "average" company (both public and private companies are included).
| Industry Average | Percent of Sales |
|---|
| Total Revenue | Included |
| Operating Revenue |
| Cost of Goods Sold (COGS) |
| Gross Profit |
| Operating Expenses |
| Operating Income |
| Non-Operating Income |
| Earnings Before Interest and Taxes (EBIT) |
| Interest Expense |
| Earnings Before Taxes |
| Income Tax |
| Net Profit |
Average Income Statement
Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
Financial Ratio Analysis
Financial ratios allow a company's performance to be compared against that of its peers.
| Financial Ratio | Industry Average |
|---|
| Profitability Ratios | Included |
| Profit Margin |
| ROE |
| ROA |
| Liquidity Ratios |
| Current Ratio |
| Quick Ratio |
| Activity Ratios |
| Average Collection Period |
| Asset Turnover Ratio |
| Receivables Turnover Ratio |
| Inventory Conversion Ratio |
Products and Services Mix
Product lines and services in the Offices of Physicians, Mental Health Specialists industry accounting for the largest revenue sources.
| Product Description | Description | Revenue
($ Millions) |
|---|
| Industry total | Included |
| Patient care |
| Patient care - mental diseases |
| All other operating receipts |
| All other patient care |
| Rental or lease of goods and/or equipment |
| Rental or lease - all other goods and/or equipment |
| Patient care - nervous system & sense organ disorders |
| Resale of merchandise |
| Resale - pharmaceuticals |
Salary information for employees working in the Offices of Physicians, Mental Health Specialists industry.
| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|
| Management Occupations | 3% | Included |
| Chief Executives | 0% |
| General and Operations Managers | 0% |
| Healthcare Practitioners and Technical Occupations | 43% |
| Health Diagnosing and Treating Practitioners | 31% |
| Physicians and Surgeons | 15% |
| Physicians and Surgeons, All Other | 7% |
| Registered Nurses | 8% |
| Registered Nurses | 8% |
| Health Technologists and Technicians | 12% |
| Healthcare Support Occupations | 18% |
| Other Healthcare Support Occupations | 16% |
| Medical Assistants | 15% |
| Office and Administrative Support Occupations | 31% |
| Financial Clerks | 5% |
| Information and Record Clerks | 11% |
| Receptionists and Information Clerks | 8% |
| Receptionists and Information Clerks | 8% |
| Secretaries and Administrative Assistants | 9% |
| Secretaries and Administrative Assistants | 9% |
| Medical Secretaries | 7% |
Government Contracts
The federal government spent an annual total of
$61,719,647 on the offices of physicians, mental health specialists industry. It has awarded 1,156 contracts to 509 companies, with an average value of $121,257 per company.
Top Companies in Offices of Physicians, Mental Health Specialists and Adjacent Industries
| Company | Address | Revenue
($ Millions) |
|---|
Included |
