Top Specialties in Demand Across New York

New York is a place where skyscrapers meet sprawling suburbs, and the need for top-notch medical care never slows down. Right now, with an aging population booming and everyday health challenges piling up, certain fields are screaming for more hands on deck. We’re referring to the most in-demand medical specialties that consistently appear on job boards and hospital memos. And let’s be real: the healthcare workforce shortages hitting the Empire State are no small thing; from rural clinics short on staff to urban ERs running on fumes, the gaps are real and growing.

Top Specialties in Demand Across New York

Diving straight into the heart of it, here’s a rundown of the fields where opportunities feel endless. Here are several specialties showing strong demand in New York:

1.    Geriatrics: The Unsung Hero for Seniors

According to the Office of the New York State Comptroller, between 2000 and 2023, New York City’s population aged 65 and older increased by 53 percent, growing 17 times faster than the city’s overall population.

Geriatrics tops the list as one of the most in-demand medical specialties because, simply put, we need experts who get the nuances of aging. These doctors handle everything from mobility tweaks to complex med mixes that keep grandparents active. In a state with overcrowded nursing homes and home care facilities, the shortage is particularly acute.

Additionally, tying into business angles, savvy business brokers with experience in selling senior care businesses often guide owners through transitions in this rapidly growing space, ensuring smooth handoffs when practices expand.

One notable twist: Geriatrics ranks among the fastest-growing medical specialties, thanks to technology like telehealth making house calls more accessible. New York hospitals are snapping up fellows faster than you can say “retirement plan.” If longevity’s your jam, this specialty delivers fulfillment in spades.

2.    Cardiology: Hearts Racing in a Fast-Paced State

New Yorkers love their pace, but that comes with risks. According to Era Locums, cardiology stands out as a powerhouse, often dubbed one of the top-earning medical specialties, with an average salary of $391,098. Demand surges because heart issues spike in diverse populations, from immigrant communities in Queens to joggers in Central Park. Interventional cardiology, a subset of the field, is one of the fastest-growing medical specialties, with tools like stents saving lives more quickly than ever.

Cardiology Hearts

3.    Emergency Medicine: The Frontline Fixers

Chaos? That’s Tuesday for ER docs. Emergency medicine thrives amid New York’s 24/7 atmosphere, ranking high in locum tenens opportunities and full-time job searches. It’s a go-to for what is the fastest-growing medical specialty in the US? Thanks to rising urgent care needs and trauma from city traffic.

Workforce shortages mean rural ERs close their doors on some nights, amplifying the call for more staff. In the state, as reported in an article on ResearchGate, the number of board-certified emergency physicians began to outpace demand and is expected to grow by approximately 2.2% each year through 2030.

4.    Family Medicine: The Glue Holding It All Together

Broad strokes with profound impact: that’s family medicine. As for what is the easiest medical specialty to get into? It boasts match rates, drawing fresh graduates who want variety without the ultra-competitive residencies. Demand? Sky-high, especially in primary care deserts upstate.

New York’s push for local retention is evident here, with family doctors filling healthcare workforce shortages one patient at a time. From kids’ checkups to senior tweaks, it’s all-day people skills. These picks aren’t exhaustive, but they capture the buzz. Other notable fields, such as oncology and orthopedics, share similar sentiments, blending high pay with urgent patient needs.

5.    Oncology: Battling Cancer in the Empire State

Cancer doesn’t take a day off, and neither does New York. Oncology is surging as one of the most in-demand medical specialties, driven by an aging population and the rapid rollout of cutting-edge treatments.

Across the United States, there are approximately 27,400 oncologists, and around 43 percent of them specialize in hematology-oncology. In a place like NY, where top cancer centers like Memorial Sloan Kettering draw patients from everywhere, oncologists are the quarterbacks calling plays against tough diagnoses.

Nationwide projections indicate a shortfall of 2,200 in 2025, and New York’s urban density exacerbates this. Rural spots upstate feel it too, with travel barriers keeping patients from specialized care. If you thrive on long-term patient relationships amid high-stakes science, this field offers that emotional pull combined with intellectual firepower.

6.    Orthopedic Surgery: Keeping New York Moving

From marathon runners in Prospect Park to construction crews in Midtown, injuries keep orthopedic surgeons booked solid. This specialty ranks high in terms of which medical specialty has the highest demand.

Consider minimally invasive arthroscopies or robotic assistance in revolutionizing recoveries. Urban practices buzz with volume, while suburban clinics vie for talent to support outpatient booms. With healthcare workforce shortages biting, orthopedics are in the sweet spot for job hunts.

If you’re a practice owner eyeing shifts, chatting with medical business brokers can clarify paths forward. They know the ropes for seamless changes in this dynamic market.

Top Earning Medical Specialties

If income is a major factor, some specialties clearly outperform many others. Based on recent salary surveys, some of the top-earning medical specialties include neurosurgery, thoracic surgery, orthopedic surgery, plastic surgery, cardiovascular disease, and vascular surgery.

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The chart displays mean starting incomes for 2023 specialty groups, with Surgical Subspecialties leading at $546,000 and Primary Care at $235,000. This highlights the earning potential in surgical fields, aligning with New York’s top-earning medical specialties, such as cardiology and neurosurgery.

High earnings often come with long training periods, high liability, burnout risk, and intense competition. The balance between income and lifestyle is crucial.

If you are considering buying or selling in New York, partnering with experienced medical business brokers can help you navigate the complexities.

Future Gaps and Surpluses: What 2035 Tells Us

By 2035, New York is expected to face significant healthcare workforce shortages in specialties such as thoracic surgery (69% supply adequacy), ophthalmology (70%), and nephrology (79%), making these the most in-demand medical specialties.

Conversely, surpluses in pulmonology (174%), emergency medicine (126%), and others like neurology signal strong job prospects, with the fastest-growing medical specialties thriving.

chart

FAQs

In New York, specialties such as anaesthesiology, hematology/oncology, adult psychiatry, gastroenterology, dermatology, and endocrinology are among those with notably strong demand.

Very much so. The demand is strong, and there are fewer psychiatrists practicing in low-income areas. A clinic with insurance contracts and telehealth capacity has potential.

It depends on your appetite for risk, capital, and timeline. High-earning specialties may have more barriers and volatility. Steady demand specialties (primary care, psychiatry) often offer consistency and lower risk.

Wrap-Up

New York’s health ecosystem presents both challenges and opportunities. Most in-demand medical specialties in the state lean heavily toward primary care and psychiatry, yet high-intensity procedural specialties also see acute pressure. If you’re a doctor or practice owner, now’s the time to act, whether it’s jumping into a high-demand specialty or prepping a medical practice for sale in New York. The Empire State’s calling, and it rewards those who answer with purpose.

Let your market knowledge, long term demand trends, and personal goals guide your specialty or acquisition path.

Picture of  Shaun F. Rudgear, MCBI, M&AMI, CBB

Shaun F. Rudgear, MCBI, M&AMI, CBB

Shaun graduated from Arizona State University with a BS in Business, specializing in Real Estate, and was a member of Lambda Chi Alpha fraternity. After earning his Arizona real estate broker's license in 1991, Shaun began an entrepreneurial journey that led him to co-own three medical practices, growing them from startup to nearly $3 million in gross revenue. Through these experiences, Shaun discovered his passion for healthcare business ownership and the unique challenges practice owners face. In 2017, when Shaun needed to exit his practices but was unsure of their value or the process, he recognized the gap in specialized expertise for medical practice transitions. This personal experience inspired him to establish Strategic Medical Brokers, where he now helps healthcare owners navigate the same crossroads he once faced, fully understanding that he has "walked in the shoes of his clients."

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