A $4 trillion market and 18% of the U.S. GDP
Did you know that the medical market is always booming in the United States?
According to data from CMS (Centers for Medicare & Medicaid Services), the total amount spent for public and private health insurance-related activities in the United States will grow by 2.7% in 2021, exceeding 4 trillion US dollars . This represents more than 18% of the US GDP, making the US medical and pharmaceutical market the largest in the world!
In 2021 alone, spending related to medical services and medical clinics exceeded $864 billion in the US territory.
55 Million Older People Need Medical Services
The aging trend in the U.S. population has contributed to the increase in this number - 17% of it was 65 or older in 2020, which represents 55 million people, an increase of 15 million seniors over the 2010 data released by the U.S. government.
80 million elderly people by 2040
According to projections from the US Department of Health, by 2040 there will be a population of more than 80 million residents over the age of 65, more than twice as many as in the 2000s. And this is excellent news for the health care market, because the average elderly person will spend up to five times as much per year on medical expenses as a child, and three times as much as an American adult.
High demand for health professionals
One of the main advantages of the medical market in the US for physicians is the high demand for healthcare services. With a population of over 330 million people, there is a constant need for medical care throughout the country. This means that physicians have the opportunity to find work in a wide variety of settings, including hospitals, clinics, private practices, and non-profit healthcare organizations.
Not only gerontology has a growth trend in the American domestic market, but also all other medical specialties, as patients have various needs from different specialties at the same time.
How much a doctor earns by specialty in the USA
Base salary of $173,000
According to the company Glassdoor, the estimated compensation of a physician in the United States in 2023 is $195,000, with the base salary being around $173,000.
What is your specialty?
Salaries can vary greatly by experience, and expertise of the doctor, but among the most well-known specialties, this is the average salary: Dermatologist ($250 thousand), Endocrinologist ($228 thousand), Family Physician ($247 thousand), Internal Medicine ($299 thousand), Neurologist ( $240 thousand), Oncologist ($285 thousand), Ophthalmologist ($161 thousand), Orthopedist ($259 thousand), Plastic Surgeon ($217 thousand), Psychiatrist ($231 thousand), Radiologist ($218 thousand), Urologist ($325 thousand), Gynecologist ($215 thousand), and Obstetrician ($163 thousand).
The medical market in the USA offers professionals a constant demand for health services, higher salaries, and access to advanced technology. In addition, you have the opportunity to be an entrepreneur and open your own medical practice, just like in Brazil, but with the security of the dollar and the stability of American society .
Did you know that getting a green card can be easier than you think?
Medicine, being a profession of national interest for the sovereignty of a country, is one of the best careers to obtain a green card.
If you are already a doctor and have at least five years of experience in the field, the process of getting your green card can be easy and uncomplicated, and you can get one without needing a previous offer of employment in the United States.
Your Family in the USA
In addition, if you are approved for this category of green card, your spouse and children under 21 will also be considered.
Whether you want to move permanently to the United States, expand your professional horizons or enhance your career as a physician in Brazil, TS Immigration can help you!
Are you eligible?
Want to know if you are eligible for a green card? Fill out our form and we will contact you!
