U.S. Mobile Physician Practice Market Trends

The surging demand for home healthcare services is significantly fuelling the growth of the mobile physician practice market. As more patients, particularly the elderly and those with chronic conditions, prefer receiving care in the comfort of their homes, mobile physician practices have become increasingly popular in the U.S.

• This trend is primarily driven by the convenience, patient satisfaction, personalized attention, and reduced need for hospital visits offered by home healthcare. For instance, according to the data reported by Centers for Medicare & Medicaid Services (CMS), total expenditure for home healthcare was USD 125 billion in 2021. Further, reducing hospital admissions and emergency room visits can lower overall healthcare costs while improving patient outcomes.
  
• Additionally, advancements in telehealth and remote monitoring technologies have made it easier for physicians to provide high-quality care remotely. This shift towards home-based care not only enhances patient satisfaction but also helps in managing healthcare costs and improving overall health outcomes.