Healthy is wealth: Government funding and changing demographics will boost industry revenue

The Primary Care Doctors industry in Canada, which includes general practitioners who provide comprehensive first contact and continued care, has exhibited moderate growth in recent years. Demand for primary care services has grown organically due to demographic changes such as the aging of the population. Due to the significant uptick in birth rates between 1946 and 1965, as well as medical advancements that have boosted life expectancy, the number of seniors has increased in recent years. With the incidence of degenerative medical conditions increasing with age, the older population has necessitated greater spending on industry services. Industry growth has also been fuelled by the government's commitment to increase primary care access. A...read more.

Industry Statistics & Market Size
Revenue
$34bn
Annual Growth 13-18
2.9%
Forecast Growth 18-23
Profit
Employment
159,059
Businesses
79,323
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Industry growth has also been fuelled by the government’s commitment to increase primary care access
  • The industry benefited from the government’s commitment to improve the healthcare system
  • The industry is expected to benefit from the accelerated aging of the population
  • Industry Report - Industry Products Chapter

    The Primary Care Doctors industry in Canada comprises general practitioners who treat a broad range of illnesses and do not restrict their practice to one particular field of medicine. The majority of primary care visits were initiated by patients, an estimated 67.4% of which addressed more than one topic with their doctors. On average, 2.6 topics were addressed per patient visit, increasing to 3.3 topics among patients over 65 years old.Episodic visitsEpisodic visits for acute care represent the most common reason for primary care visits, estimated at 35.4%. Although there are many illnesses for which adults and children seek care, the most common of these is the cold or the flu. Oth...purchase to read more.

    Additional Insights for the Primary Care Doctors Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Primary Care Doctors Industry are

  • Access to highly skilled workforce
  • Proximity to key markets
  • Understanding government policies and their implications
  • IBISWorld analysts also discuss how external factors such as Total health expenditure and Number of adults aged 65 and older in the Primary Care Doctors industry impact industry performance..

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    What's in this report

    What is the Primary Care Doctors Industry?

    This industry includes general practitioners who possess a Doctor of Medicine (MD) or Doctor of Osteopathy (DO) degree. These doctors primarily work using a broad understanding of all illnesses and do not restrict their practice to one particular field of medicine. Doctors in this industry are trained for comprehensive first-contact and continued care for individuals with any undiagnosed health concern.

    Industry Products
  • Episodic visits
  • Scheduled follow-up visit
  • Preventative health exams
  • Chronic disease management
  • Industry Activities
  • Diagnosing ailments and diseases
  • Prescribing disease and symptom treatments
  • Referring patients to specialists
  • Administering preventative care (e.g. check-ups and screenings)
  • Educating patients
  • Counselling patients
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Total health expenditure
  • Number of adults aged 65 and older
  • Adult obesity rate
  • Population

  • Current Performance
  • Demographic trends underscore demand
  • Public policy shaping healthcare
  • More profit, more doctors
  • Chart: Revenue Growth

  • Industry Outlook
  • Aging population fuels growth
  • Government funding to continue rising
  • A transforming industry landscape
  • Table: Primary Care Doctors Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Primary Care Doctors Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Optometrists in Canada
  • Physical Therapists in Canada
  • Home Care Providers in Canada
  • Hospitals in Canada
  • Mental Health & Substance Abuse Centres in Canada

  • Key Selling Industries
  • Brand-Name Pharmaceutical Manufacturing in Canada
  • Generic Pharmaceutical Manufacturing in Canada
  • Glasses & Contact Lens Manufacturing in Canada
  • Hospitals in Canada
  • Medical Instrument & Supply Manufacturing in Canada
  • Medical Supplies Wholesaling in Canada

  • Products & Services
  • Episodic visits
  • Scheduled follow-up visit
  • Preventative health exams
  • Other
  • Chronic disease management
  • Chart: Primary Care Doctors Industry Products and Services Segmentation

  • Demand Determinants
  • Health awareness
  • Demographics

  • Major Markets
  • Provincial and territorial governments
  • Federal governments
  • Non-public
  • Chart: Major Market Segmentation for the Primary Care Doctors Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Primary Care Doctors

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Primary Care Doctors Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Primary Care Doctors Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Primary Care Doctors Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Total Health Expenditure (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Family Medicine
  • A specialty devoted to comprehensive healthcare; a form of primary care that provides continuing healthcare for the individual and family across all ages, sexes, diseases and parts of the body.
  • Fee-For-Service (Ffs)
  • A payment model where services are unbundled and paid for separately.
  • Magnetic Resonance Imaging
  • A noninvasive medical test that uses a powerful magnetic field, radio frequency pulses and a computer to produce detailed pictures to help
  • Telemedicine
  • The delivery of health services via remote telecommunication.
  • What Our Customers Say

    Why buy this report?

    The Primary Care Doctors market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Primary Care Doctors:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Primary Care Doctors market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Primary Care Doctors, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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