Family Planning & Abortion Clinics in the US - Industry Market Research Report

Family Planning & Abortion Clinics in the US - Industry Market Research Report

  • December 2020 •
  • 54 pages •
  • Report ID: 243241 •
  • Format: PDF
Planning ahead: Increased Medicare and Medicaid funding will likely benefit potential industry clients

Abstract

Family Planning & Abortion Clinics in the US
The Family Planning and Abortion Clinics industry comprises medical staff primarily engaged in providing a range of family planning services on an outpatient basis. Over the five years to 2019, this industry experienced increasing demand, as an expansion in the number of people with health insurance coverage increased the accessibility of industry services. Furthermore, growth in disposable income over the five past years also increased revenue from the significant portion of patients who pay for services out of pocket. However, downward pressure is expected to be placed on industry profit as a result of increased wage expenditure. Overall, industry revenue is anticipated to increase during the current period. Over the five years to 2024, industry revenue is forecast to continue to expand. Sustained low unemployment during the outlook period is anticipated to offset any losses in coverage, resulting in no change in the number of people with private health insurance coverage.

This industry includes freestanding centers with medical staff primarily engaged in assisting pregnant women and families in making various decisions regarding family planning. Services are provided on an outpatient basis and include contraception, genetic and prenatal counseling, voluntary sterilization and pregnancy termination.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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