Outpatient bodily remedy is in demand, because the U.S. inhabitants ages. A steady reimbursement surroundings, non-public fairness funding, and the recognition of PT as an alternative choice to opioids for ache administration all contribute to a constructive outlook by way of 2030.
It is a fragmented however rising $53 billion trade of small bodily remedy clinics and some massive chains.
Listed below are some issues to learn about this healthcare sector:
Market Measurement: Marketdata estimates that the U.S. bodily and occupational remedy trade was value $53 billion in 2024, up 6.4 % from 2023 and up 64% from 2020. The market is forecast to develop at a 6.4 % common annual tempo, to $70 billion by 2030.
PT Clinic Metrics: There are 50,883 U.S. clinics offering bodily remedy, occupational remedy, speech remedy and audiology. Common annual receipts per clinic are $871,000, with a web revenue margin of 14-20%. Payroll accounts for 49 cents of every gross sales greenback.
Therapists: The trade employs 464,000 staff and the typical bodily therapist earns $99,700/12 months. Two-thirds of bodily therapists are feminine.
PT Scarcity: The excessive demand and low unemployment charges for bodily therapists are due largely to the variety of therapists retiring (in 2019, roughly 49% of bodily therapists had been between ages 50-64, in comparison with 32% in 2010). The scarcity for PTs is projected to be on common 16,000 annually till 2030.
Market Share: This trade has been consolidating for years, but non-public follow stays very fragmented. The 50 largest firms—two public operators and personal equity-backed operations—captured simply 29 p.c of the trade’s market share. The potential for “roll-ups” is excessive.
Giant Chains: Six massive chain opponents—Choose Medical, ATI Bodily Remedy, U.S. Bodily Remedy, PT Options and Athletico—had mixed revenues of $4.07 billion in 2024, and so they operated 4,949 clinics (9.7% of the trade whole). The leaders have been energetic in acquisitions.
The place to Study Extra
For extra in-depth data, be sure you learn the 99-page report U.S. Bodily Remedy Clinics: An Business Evaluation by Marketdata. This new research analyzes trade traits, income progress, buyer and therapist demographics, key trade tendencies, working ratios, trade rules, market share, and high opponents.
Concerning the Writer: John LaRosa is the President of Marketdata LLC and is the writer of 100+ trade and market research. His analysis seems in high media shops together with ABC, CNN, Fox, Forbes, USA In the present day, The Wall Avenue Journal, The New York Instances, and a wide range of commerce journals.
