First Research US Industry Profile

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General Surgeons
SIC Codes: 8011
NAICS Codes: 621111
Last Quarterly Update: 5/27/2019
Practitioners in this industry use surgical techniques to diagnose, treat, and manage diseases and disorders. No major companies dominate the industry.
An estimated 1.1 million surgeons worldwide perform more than 300 million major procedures each year, according to the World Health Organization. Low-income countries have less than 1 surgical professional per 100,000 people, compared with about 57 surgeons per 100,000 people in high-income countries.
About 30,000 general surgeons practice in the US, according to the American Board of Surgery.
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.
In local markets, surgeons primarily compete with one another. Medical tourism is a fast-growing competitive threat: because surgery costs are high, patients are increasingly traveling to foreign countries for procedures that cost a fraction of US prices.
Products, Operations & Technology
A general surgeon can provide care for a broad spectrum of conditions affecting most areas of the body. Surgeons perform operations, consult with patients ... plus:
Sales & Marketing
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Finance & Regulation
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Regional & International Issues
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Human Resources
Also includes the following chapters:
Quarterly Industry Update
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Industry Indicators
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Business Challenges
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Trends and Opportunities
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Call Preparation Questions
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Financial Information
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Industry Forecast
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Industry Websites
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Glossary of Acronyms

Historical Profiles (PDF format)

02/25/2019
11/19/2018
08/20/2018
05/28/2018
02/26/2018
11/20/2017
08/21/2017
05/22/2017
02/20/2017
11/07/2016
08/08/2016
05/09/2016
02/08/2016
11/02/2015
08/03/2015
05/04/2015
02/02/2015
11/03/2014
08/11/2014
05/19/2014
02/24/2014
11/18/2013
08/26/2013
06/03/2013
03/11/2013
12/03/2012
09/10/2012
06/25/2012
04/02/2012
12/12/2011
09/19/2011
06/13/2011
03/14/2011