U.S. Physician Groups Market 2030: The Shift to Value-Based Care
U.S. Physician Groups Market Growth & Trends The U.S. physician groups market size is anticipated to reach USD 461.11 billion by 2030, growing at a CAGR of 5.14% from 2024 to 2030, according to a new report by Grand View Research, Inc. This growth can be attributed to the shift of practitioners from solo practices to group practices. In a group practice, a physician has the capacity to manage advanced, essential, and expensive medical equipment. Group practices can expand their reach to cover a broader geographic area, operate across multiple locations, serve a larger patient base, and achieve greater profitability. In addition, practitioners can receive valuable feedback and insights from colleagues and co-workers when working within a group. In the U.S. market for physician groups, value-added services encompass various offerings beyond traditional medical care, such as telemedicine, chronic disease management programs, patient education resources, wellness p...