News Feature: PPM Market set to reach $461B by 2030

Insights Ahead of the 2024 McDermott ASC & PPM Symposium in Nashville


 The Parnassus team is set to join fellow healthcare industry leaders at McDermott Will & Emery’s PPM and ASC Symposium in Nashville next week. More than 62% of the senior executive leaders Parnassus places each year are in Physician Practice Groups so gaining real-time market insights helps us maintain a pulse on what kind of leaders will be best-positioned for success.

Below is a link to a recent report on the PPM landscape and its growth projections that highlights some of the key trends and issues that we will explore in depth with McDermott and friends next week.

REPORT SUMMARY: Current estimates place the overall PPM Market between $295-338 million with steady growth projections for the next 6 years. This summary research report by Grand View Research values the current market at $324.85 billion with an expected CAGR of 5.14% that projects a size of $461.11 billion by 2030. In particular the report notes that:

  • Mid-sized specialty groups are rising, as is the larger 50+ physician-group segment, which will likely see the fastest overall growth within the forecast period;
  • While the physician-owned practice groups currently dominate with nearly 50% of the market share today, it is anticipated that the private equity segment of PPMs is what will grow fastest over the next 6 years.
  • Likewise, while the West is positioned to experience the fastest CAGR in the near future, at present the Southeast still retains the majority stake in the overall PPM market.

Read the full report summary to learn more and stay tuned to receive updates from our time in Nashville.


Let’s Connect!

If you are in Nashville, let us know. To set up a meeting, please reach out to our Business Associate, Summer Wilkins, at swilkins@theparnassusgroup.com. We look forward to connecting with you!