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U.S. Mobile Physician Practice Market Size
U.S. Mobile Physician Practice Market size was valued at USD 180.4 million in 2023 and is expected to exhibit growth at a CAGR of 6.1% from 2024 to 2032. Growing demand for home healthcare model, favorable government support, advancements in telehealth technology, and improved health outcomes are among the prominent factors driving the market growth in the country.
The U.S. has a significant patient population suffering from chronic diseases such as heart disorders, diabetes, and hypertension, among others which is projected to fuel the industry growth over the analysis timeframe. For instance, according to the report published by American Heart Association, Inc. in 2024, there are over 29.3 million patients diagnosed with diabetes and around 115.9 million have pre-diabetes in the country. Chronic conditions need continuous management and frequent medical consultations, thus making mobile physician services highly desirable, especially in remote areas. These services offer at-home treatment to aging patients enabling timely interventions and adherence to treatment plans.
Moreover, emerging technologies including artificial intelligence (AI) and machine learning, remote patient monitoring (RPM), mobile health apps and telemedicine platforms among others could shape the future of mobile healthcare. Further, 5G technology enables faster and more reliable data transmission, supporting high-quality telehealth services, real-time remote monitoring, and the use of complex medical applications, thereby, propelling the market growth.
Mobile physician practice is a healthcare service model involving physicians and other medical professionals providing medical care to patients in non-traditional settings, such as their homes, assisted living facilities, or community centers. It involves regular follow-up care, diagnostics, emergency services, and rehabilitation services among others.
Why is the demand for telehealth mobile physician practices growing in the U.S?
The telehealth segment in the market is anticipated to witness 6.7% CAGR through 2032 as it reduces the costs associated with in-person visits.
Why is the demand for primary care mobile physician practice growing in the U.S.?
The primary care segment in the U.S. mobile physician practice market was valued at USD 57.5 million in 2023 due to the greater emphasis on preventive care to reduce long-term healthcare costs.
What is the size of the U.S. mobile physician practice industry?
U.S. mobile physician practice market was valued at USD 180.4 million in 2023 and is expected to exhibit growth at 6.1% CAGR from 2024 to 2032 owing to the increasing incidence of chronic disorders.
Mention the key players involved in U.S. mobile physician practice industry?
Doctor On Demand by Included Health, Inc., Florida Mobile Physicians, Hill Physicians, LiveHealth Online (Amwell), Mobile Physician Services, Inc., Piedmont Healthcare, Portea Medical, PriveMD, Resurgia Health Solutions LLC, and SOS Doctor Housecall among others.