Podiatrists

Podiatrists
Brief Excerpt from Industry Overview Chapter:

Practitioners in this industry diagnose and treat diseases and deformities of the foot. No major companies dominate the industry.

COMPETITIVE LANDSCAPE

Demand for podiatry services is driven by population growth and demographics. Profitability depends on patient volume, insurance reimbursement, reputation, and operational efficiency. Large practices enjoy economies of scale related to administrative costs and purchasing diagnostic equipment. Small practices can compete effectively by providing good customer service and by operating from convenient locations.

PRODUCTS, OPERATIONS & TECHNOLOGY

Major areas of treatment include patient care related to musculoskeletal system and connective tissue, accounting for about 40% of the industry's revenue. Other areas include skin and subcutaneous tissue for about 25%. Podiatrists also offer treatment for certain infectious and parasitic diseases, accounting for about 10%; endocrine, nutritional, and metabolic diseases; and diseases of the circulatory system both accounting for about 5%. Other treatments accounting for about 15%.