Offices of Physicians, Mental Health Specialists - Market Size, Financial Statistics, Industry Trends

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 Bureau

Offices of Physicians, Mental Health Specialists Market Size

This report includes historical and forecasted market sizes and industry trends for Offices of Physicians, Mental Health Specialists. It reveals overall market dynamics from 2020 through the present, and predicts industry growth or shrinkage through 2030. Revenue data include both public and private companies in the Offices of Physicians, Mental Health Specialists industry.

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 data

Industry Revenue ($ Billions)

Offices of Physicians, Mental Health Specialists Industry Market Size
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023
  • 2024

Industry Forecast ($ Billions)

Offices of Physicians, Mental Health Specialists Industry Forecast
  • 2024
  • 2025
  • 2026
  • 2027
  • 2028
  • 2029
  • 2030


Pell Research's advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size statistics include revenue generated from all products and services sold within the Offices of Physicians, Mental Health Specialists industry.

Geographic Breakdown by U.S. State

Offices of Physicians, Mental Health Specialists market share by state pinpoints local opportunities based on regional revenue statistics. Growth rate for each state is affected by regional economic conditions. Data by state can be used to locate profitable and nonprofitable locations for Offices of Physicians, Mental Health Specialists companies in the United States.

Industry Revenue by State [Sample]

Market Size 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)

Industry Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" Offices of Physicians, Mental Health Specialists 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

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 RatioIndustry 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

Compensation and Salary Surveys

Salary information for employees working in the Offices of Physicians, Mental Health Specialists industry.

TitlePercent 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