Walk it off: As the trends that supported previous growth wane, revenue increases will slow
Abstract
Physical Therapists in California The Physical Therapists industry in California has grown steadily over the five years to 2017. California’s aging population, combined with its rising income levels, has driven demand for industry services. While these same trends have been occurring throughout the country, they have been especially prevalent in California, causing industry revenue in the state to outpace physical therapist revenue nationally. Over the five years to 2022, growth is expected to rise, albeit at a slower pace. Many of the trends that have supported industry growth over the five years to 2017 are projected to slow over the next five years. However, demand for industry services is still expected to continue growing faster in California than in the rest of the country.
Operators in this industry include independent health practitioners primarily engaged in outpatient services. These services include administering medically prescribed rehabilitation for patients suffering from injuries or muscle, nerve, joint and bone disease; planning and administering educational, recreational and social activities designed to help patients or individuals with disabilities; and diagnosing and treating speech, language or hearing problems.
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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Disposable Income
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