Occupational Therapists in the US - Industry Market Research Report

Occupational Therapists in the US - Industry Market Research Report
Occupational Therapists in the US

The Occupational Therapists industry comprises health practitioners who treat individuals with physical, mental, or developmental conditions. Therapists work to improve their client's ability to complete activities of daily living. Occupational therapy (OT) includes helping children with disabilities to participate fully in school and social situations, helping individuals recovering from injury to regain skills and providing support for individuals experiencing physical and cognitive challenges. The industry has benefited from growing demand for OT services and increased financial accessibility for patients due to disposable income growth and beneficial healthcare policies. However, the industry took a hit in 2020 as the COVID-19 outbreak limited appointments and reduced spending on industry services. Despite the one-year loss in 2021, industry-wide revenue has been growing at a CAGR of 0.4% over the past five years and is expected to total $30.6 billion in 2023, when revenue will jump by an estimated 4.1%.

This industry includes independent health practitioners who help individuals with physical, mental or developmental conditions with daily living and working through everyday activities (occupations). More specifically, occupational therapy includes: helping children with disabilities to participate fully in school and social situations; helping individuals recovering from injury to regain skills; and providing support for individuals experiencing physical and cognitive changes.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.