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Dermatologists Report Summary

SIC Codes: 8011
NAICS Codes: 621111
 

Dermatologists Industry Overview

Excerpt from Dermatologists Report

Companies in this industry primarily engage in the medical practice of treating conditions of the skin, hair, and nails. No major companies dominate the industry. Dermatologists may work in group practices or as solo practitioners.

Competitive Landscape

Dermatologists may own private practices as well as work in hospitals, diagnostic labs, and medical spas. Most dermatologists' office visits are self-referrals. Referrals also come from hospitals, clinics, and spas. To share the patient workload and maintain efficient operations, dermatology practices employ physician assistants, aestheticians, nurses, and office managers. Dermatologists spend on average 15 minutes with each patient.

Products, Operations & Technology

About 65 percent of dermatology practices focus on medical treatment, and about 25 percent focus on surgery, according to a survey by the American Academy of Dermatology Association. Dermatologists diagnose disorders of the skin, hair, and nails; oversee and perform surgeries and cosmetic treatments; and aid in the formulation of pharmaceutical and cosmetic products.