OBGYNs Industry Profile

Report Page Length: 10-12
Last Quarterly Update: 2/20/2017
SIC Codes: 8011
NAICS Codes: 621111
Chapters Include:
Industry Overview Trends & Challenges Industry Forecast
Quarterly Industry Update Call Prep Questions Website & Media Links
Business Challenges Financial Information Glossary & Acronyms
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Excerpt from OBGYNs Industry Profile

Physicians in this industry provide pre-, post-, and perinatal care, deliver infants, and treat health issues specific to women. The industry has no dominant companies.

Women in many developing nations have limited access to effective contraception, emergency obstetric care (including cesarean section procedures), and safe abortion facilities. In the least-developed countries, only about 30 out of every 100 women giving birth are attended by trained health professionals, according to the International Federation of Gynecology and Obstetrics.

About 32,000 US physicians specialize in obstetrics and gynecology (OB/GYN), according to data compiled from the American Board of Obstetrics and Gynecology (ABOG).

COMPETITIVE LANDSCAPE

Demand is driven by population growth and private insurance and government health care policies. In private practices, profitability depends on insurance participation and reimbursements, patient volume, and administrative efficiency. In hospitals and outpatient clinics, profitability largely depends on reputation and geographic location. OB/GYNs practicing in large groups enjoy economies of scale in hiring support staff and purchasing medical equipment. Smaller practices can compete effectively by developing strong referral networks.

PRODUCTS, OPERATIONS & TECHNOLOGY

Services consist primarily of patient care and lab tests; some practices also sell supplies. OB/GYNs prevent, diagnose, and treat diseases and disorders of the female reproductive system, counsel patients in family planning, provide prenatal care, deliver babies, conduct lab tests, and perform medical procedures including cesarean births, hysterectomies, and abortions. The practice of OB/GYN is segmented into subspecialties including infertility and hormone treatment, ...

 
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