General Surgeons

General Surgeons

Brief Excerpt from Industry Overview Chapter:

Practitioners in this industry use surgical techniques to diagnose, treat, and manage diseases and disorders. No major companies dominate the industry.

COMPETITIVE LANDSCAPE

Demand is driven primarily by population growth and rates of critical illness and injury. The profitability of individual practices depends mainly on expertise and reputation. Larger practices may enjoy economies of scale in administration and equipment purchasing. Smaller practices can compete successfully by specializing. The US industry is highly fragmented: the 50 largest firms generate about 20% of industry revenue.

PRODUCTS, OPERATIONS & TECHNOLOGY

A general surgeon can provide care for a broad spectrum of conditions affecting most areas of the body. Most services offered by general surgeons include patient care which account for about 97% of the industry revenue. Other services include the treatment of: the musculoskeletal system; factors influencing health status; eye diseases; and circulatory system diseases, which all account for less than 5%. General surgeons will provide early management and specialist referral for certain complex and urgent conditions.