Number of Offices of Physicians, Mental Health Specialists Businesses in the US (2000–2023)
As of 2023
128,948
offices of physicians, mental health specialists businesses in the United States
Number of Firms Over Time
Total Employment Over Time
Key Insights
- •The offices of physicians, mental health specialists industry has declined 18.1% since 2000 (from 157,535 to 128,948 firms).
- •The peak year was 2007 with 176,841 firms.
- •Recent trend (last 5 years): the industry is shrinking (-14.2%).
- •Employment: 2,836,275 workers in 2023 (62.0% change since 2000).
- •Estimated 5-year survival rate: 67%.
Year-by-Year Data
| Year | Firms | Establishments | Employment | Entry Rate | Exit Rate | Net Growth |
|---|---|---|---|---|---|---|
| 2023 | 128,948 | 198,477 | 2,836,275 | 10.5% | 7.8% | +6.1% |
| 2022 | 128,742 | 192,241 | 2,645,790 | 9.4% | 9.1% | +2.7% |
| 2021 | 136,161 | 196,453 | 2,616,106 | 10.0% | 9.1% | +2.5% |
| 2020 | 148,733 | 205,841 | 2,637,537 | 9.1% | 8.3% | +3.2% |
| 2019 | 150,363 | 204,479 | 2,557,814 | 8.8% | 8.2% | +3.2% |
| 2018 | 152,479 | 203,326 | 2,475,613 | 7.4% | 8.3% | +1.1% |
| 2017 | 154,651 | 204,878 | 2,443,067 | 8.0% | 8.3% | +2.6% |
| 2016 | 157,707 | 207,029 | 2,492,079 | 8.4% | 7.9% | +4.2% |
| 2015 | 160,940 | 206,193 | 2,400,338 | 9.3% | 8.1% | +4.3% |
| 2014 | 164,206 | 203,806 | 2,302,591 | 7.8% | 7.7% | +2.5% |
Source: U.S. Census Bureau, Business Dynamics Statistics (BDS). Entry/exit rates refer to establishment openings and closings.