Niche Healthcare & Wellness Sectors Posting Strong Growth

Tampa FL,  November 11,  2019:  Marketdata LLC, a leading independent market research publisher since 1979, has found that many healthcare markets have strong outlooks over the next five years. Many of them provide personal services in specific areas, such as: weight loss, meditation, kidney dialysis, diagnostic imaging, health coaching, infertility treatment, and physical therapy.
 
   “Niche healthcare markets are multi-billion sectors with good growth histories and future potential, as America ages. Most sectors continue to grow, and are recession-resistant. Some of these markets are ripe for consolidation and roll-ups, as they are fragmented--comprised of many small operators.”, According to Research Director, John LaRosa:

Major Findings - Market Values

Weight Loss Programs… Commercial weight loss programs had revenues of $3.74 billion in 2018, and are forecast to grow by 6.0% annually, to $4.8 billion by 2023. Medical weight loss programs, including bariatric surgeries, were worth $8.47 billion in 2018, and are forecast to reach $10.36 billion by 2023. High obesity levels ensure future demand.
 
Physical Therapy Clinics… Marketdata estimates that the U.S. physical and occupational therapy industry was worth $34.5 billion in 2018, up 6.2% from 2017. The market is forecast to grow at a 6.2 % average annual pace, to $45.7 billion by 2023. Revenue growth has been steady since 2007. Physical therapy services provide a cost-effective way to prevent short-term disabilities from becoming chronic conditions, to help avoid invasive procedures, and to speed recovery from surgery. 
 
Diagnostic Imaging Centers… The U.S. diagnostic imaging centers industry was worth $19.5 billion in 2018, up 4.2% from 2017. The market is forecast to grow at a 3.1 % average annual pace, to $22.1 billion by 2023. Revenue growth has been constrained by ongoing Medicare reimbursement cuts.
 
Kidney Dialysis Clinics… The U.S. kidney dialysis industry was worth $24.7 billion in 2018, up 5.5% from 2017. The market is forecast to grow at a 4.0 % average annual pace, to $29.7 billion by 2023. Revenue growth has been moderate since 2011—about 3-5% annual gains.
 
Fertility Clinics… The U.S. infertility services market reached $5.87 billion in 2018, up 21% from 2016. The Great Recession hardly impacted this business, despite the fact that IVF is an elective and costly procedure, paid for with disposable income out-of-pocket. Marketdata forecasts 7.0% average annual growth in revenues through 2023, to $7.93 billion.
 
Health Coaching Services… Marketdata estimates that this market was worth $6.14 billion in 2017, up 15% from 2014. The market is forecast to grow at a 5.4% average annual pace, to $7.85 billion by 2022, with 121,000 coaches now practicing. Insurers are hiring health coaches to deliver disease prevention programs to patients and at-risk communities, with special emphasis on diabetes and weight management.
 
Sleep Aids & Sleep Labs… The U.S. sleep aids market was worth $28.6 billion in 2017. For 2018, the market grew by 3.3%. To 2023, we forecast 4.7% average annual growth. Within this market, sleep labs generated $4.3 billion in 2017.  To 2023, we forecast 5.4% average annual growth, to $5.43 billion.
 
The Meditation Market… The U.S. meditation market was estimated to be valued at $959 million as of 2015, growing to $1.08 billion in 2016 and $1.21 billion in 2017. Marketdata forecasts 11.4% average yearly growth, to $2.08 billion by 2022, as yoga and mediation studios, apps and courses become more mainstream.

 
About The Reports
 
Marketdata has published 8 separate market & industry studies for:

• Commercial and Medical Weight Loss Programs ( February 2019)
• Physical Therapy Clinics (June 2019)
• Kidney Dialysis Clinics (July 2019)
• Diagnostic Imaging Centers (August 2019)
• The Sleep Aids & Sleep Labs Market ( April  2018)
• Fertility Clinics  (Nov. 2018)
• The Health Coaching Market  (May 2018)
• The Meditation Market (Sept. 2017)

 Report descriptions and Tables of Contents are available at: marketdataenterprises.com, or Contact: Marketdata LLC, 7210 Wareham Drive, Tampa, FL  33647, (813) 971-8080. $99 Overviews are available for each study. John LaRosa is available for interviews and presentations.
 
About Marketdata LLC
 
Marketdata is a private market research and consulting firm that has specialized in the tracking and analysis of a wide variety of service industry and healthcare sectors, since 1979. The company also provides custom research and consulting services, and holds teleconferences and webinars. It has a 30-year specialty tracking the weight loss market. The company website is: www.marketdataenterprises.com.
 

Contact Information

John S. LaRosa

Research Director

Marketdata LLC

(1) 8139718080

marketdataent@yahoo.com