Navigation Links
Sports Medicine Practitioners in the US Industry Market Research Report Now Available from IBISWorld

Los Angeles, CA (PRWEB) September 11, 2013

Perceived as a luxury service for elite athletes in the past, sports medicine has gained wide public acceptance and has become more accessible to most Americans in recent years. Sports medicine is a special branch of medicine that focuses on the diagnosis, treatment and prevention of injuries and illnesses resulting from sports, exercise or recreational activities. “Although the Sports Medicine Practitioners industry has been relatively resilient, even expanding during the recession, it was not completely shielded from the recession's effect on consumers,” says IBISWorld industry analyst Anna Son. “The recession resulted in widespread unemployment, which led to falling disposable income and, consequently, a drop in health insurance coverage.” Nevertheless, increased participation in sporting activities has underpinned demand for industry services, as the risk of injuries increases with greater participation in sports. During the five years to 2013, IBISWorld estimates that industry revenue will increase at an average annual rate of 2.8% to total $20.9 billion, including a 3.9% rise during 2013.

Over the past five years, sports medicine practitioners have implemented a number of profit-boosting techniques. “In order to combat mounting wage costs, industry operators have used more assistants and aides, whose wages make up a significantly smaller fraction of sports medicine practitioners' wages,” says Son. “Additionally, many practitioners have been combining services with other physicians to reduce the costs of delivering services and ease the effects of escalating competition.” As a result of these cost-saving measures, operating profit is expected to increase from about 8.8% of revenue in 2008 to an estimated 10.4% in 2013.

The Sports Medicine Practitioners industry is highly fragmented. Sports medicine services are not highly differentiable, nor can they be mass produced or distributed; this, in turn, creates minimal benefits to growing in size. Relatively low barriers to entry also encourage new competitors to join the industry, which places downward pressure on pricing and prevents any one company from dominating the market.

During the next five years, increased promotion and government support for sports participation, as well as healthcare reform provisions and technological advancements, will drive industry growth. Rising concerns over high obesity rates will bolster participation in sporting activities that will subsequently increase demand for sports medicine services. The introduction of new minimally invasive techniques, which enable services to be performed quickly and treatment to be delivered more effectively and accurately, will further underpin demand for sports medicine services. For more information, visit IBISWorld’s Sports Medicine Practitioners in the US industry report page.

Follow IBISWorld on Twitter:!/IBISWorld
Friend IBISWorld on Facebook:

IBISWorld industry Report Key Topics

Establishments in this industry provide health and special services that apply medical and scientific knowledge to prevent, recognize, manage and rehabilitate injuries related to sport, exercise or recreational activity.
Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit or call 1-800-330-3772.

Read the full story at

Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Diet Doc Weight Loss Plans Offers a Solution to Electrical Imbalances Without Costly Sports Drinks That Only Claim to Balance Electrolytes
2. NJ Based Atlantic Neurosurgical Specialists (ANS) Launch Tips on Concussion Awareness and Sports-safety Tips
3. Notre Dame FCU Sports Grumpy Cat Meme to Attract Gen Y Memberships
4. Footlogics Canada to Launch Hockey PLUS, High Performance Sports Insole for Skates
5. Television Personality Jerry Gialanella Partners with Swole® Sports Nutrition on His 200 Pound Weight Loss Journey
6. Cellucor to Attend Europa Get Fit & Sports Expo in Dallas, Texas
7. and Image Sports Partner for the Largest Online Launch
8. Paddle Sports Make Exercise Fun at Hilton Head Health Summer Weight Loss Program
9. Give the Gift of More Home Runs for the Holidays, AXE Bat by Baden Sports Delivers More Hits; Introduces New Avenge Series for 2014
10. Heritage Woods of Batavia Affordable Assisted Living to Host Water Sports Day
11. Outlook with Ben Kingsley Exploring Sports Injuries in Children
Post Your Comments:
(Date:11/24/2015)... , ... November 24, 2015 , ... ... the United States to support their local poison centers through donations on Tuesday, ... #GivingTuesday: calls it “a day that inspires people to collaborate in improving ...
(Date:11/24/2015)... ... November 24, 2015 , ... Cold Shoulder , LLC launched their Pro Vest, the latest ... hit their goal of $20,000 in under 10 hours. , The campaign, ... PRO Weight Loss Vest to the market. , The PRO Vest provides consumers with a ...
(Date:11/24/2015)... , ... November 24, 2015 , ... ... Exercise and Healthy Aging Program have announced their endorsement of the ... “American Specialty Health Fitness is proud to have the MFN as one of ...
(Date:11/24/2015)... Geneva, IL (PRWEB) , ... November 24, 2015 , ... All her life, Don Peck’s ... Even her obituary said she might have been. After a 25-year search for ... Mayflower voyager with whom she shared a last name. Turns out, it was Don’s ...
(Date:11/24/2015)... ... ... “I am so thrilled, as a newbie here, to leave a mark for the entire ... Lounge Makeover® from California Casualty . Stephanie is in her fifth year teaching at ... tenure. , “This is such an amazing school and we deserve a space where we ...
Breaking Medicine News(10 mins):
(Date:11/24/2015)... DALLAS , Nov. 24, 2015  Ascendant Solutions, Inc. ... announced that its Board of Directors has declared a special ... The stock dividend is payable December 14, 2015, to shareholders ... in the form of additional shares of common stock. ... by the Board is a strong endorsement of our confidence ...
(Date:11/24/2015)... iRhythm Technologies, Inc. , a leading digital health care solutions company ... in the 27th Annual Piper Jaffray Healthcare Conference at The New ... . Kevin King , Chief Executive Officer of iRhythm, is ... --> --> About iRhythm ... . --> iRhythm is a privately held digital healthcare ...
(Date:11/24/2015)... , Nov. 24, 2015  Boston Scientific Corporation (NYSE: ... Oppenheimer 26th Annual Healthcare Conference on December 8, in ... Susie Lisa , vice president, Investor Relations, will participate ... beginning at approximately 8:35 a.m. ET. --> ... in a 30-minute question-and-answer session with the host analyst ...
Breaking Medicine Technology: