United States Chiropractic Market Size, Share & Trends Analysis Report, 2018-2025 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “U.S.
Chiropractic Market Size, Share & Trends Analysis Report By Entity Type
(Solo DC, DC Group), By Location Spread (West, South, Midwest, East),
Vendor Landscape, And Segment Forecasts, 2018 – 2025” report
has been added to ResearchAndMarkets.com’s offering.

The U.S. chiropractic market size is expected to reach USD 17.93 billion
by 2025

The market is projected to witness a CAGR of 4.32% during the forecast
period. Rising cases of back, shoulder, foot, neck pain, and headaches
are driving the chiropractic market in the country. This is expected to
help in revenue generation. Other factors such as increasing number of
chiropractors in the country would help in the market growth. The
majority of people suffering from lower back pain and other such issues
initially seek help from a chiropractor.

This has resulted in healthy growth in the chiropractic practices.
Furthermore, it has also exhibited steadily increasing acceptance by
doctors, third-party payers, and the federal government apart from
patients. These factors are expected to support the market expansion. As
per the American Chiropractic Association, it is estimated that by 2020,
there would be ~80,000 chiropractors in the country with an addition of
over ~2500 new practitioners each year graduating from colleges.
Chiropractors treat an approximate 35 million patients each year in the
country, which has contributed to making the U.S. chiropractic industry
a significant one.

Further key findings from the study suggest:

  • The market is driven by increasing number of patients seeking
    complementary medical treatments rather than approved medicine
  • Franchising offers a ready-source of marketing, financing, and
    awareness for a new entrant to establish a clinic. Moreover, it also
    helps the existing practitioners to expand their business
  • Authorization of different set of laws for chiropractic treatment is
    also supporting the U.S. chiropractic market growth. This encourages
    more chiropractors to set up businesses
  • There are currently 10,000 chiropractic students in 18 nationally
    accredited, doctoral graduate education programs for chiropractic
    therapy of which ~2500 will enter the workforce every year
  • In 2017, 95% of the past-year chiropractic users cited this therapy as
    an effective mode of treatment. Furthermore, 97% of the users have
    reported to visit chiropractors if they have back/neck pain
  • Some of the active institutes that offer chiropractic services in the
    U.S market are Magen David Community Center, Inc.; The Joint Corp.;
    Lbi Starbucks DC 3; Allied Health of Wisconsin, S.C., P.C.; Sherman
    College of Straight Chiropractic, Inc.; Chiropractic Strategies Group,
    Inc.; Chiro One Wellness Centers, LLC; Landmark Healthcare Services,
    Inc.; Parsons Gregory V Advanced Chiropractic Clinic; Silverman
    Chiropractic Center; Emergency Chiropractic PC; Multi-Specialty
    Healthcare Group, LLC.

Key Topics Covered:

Chapter 1 U.S. Chiropractic Therapy Market

1.1 Overview
1.1.1 Key facts about chiropractors in the U.S.:
1.2
Opportunity analysis
1.2.1 Opioid addiction crisis drives demand
for alternative therapies
1.2.2 New research studies supporting use
of chiropractic care in back treatment
1.2.3 Chiropractors for
aging population
1.2.4 Inexpensive chiropractic therapy and
consequent increasing demand
1.2.5 Integration of chiropractic
therapy with other therapies
1.2.6 Growing use of internet & social
media platforms
1.3 Trend analysis
1.3.1 Efforts to reduce
unnecessary procedures and tests within chiropractic industry
1.3.2
Franchising
1.4 Challenges
1.4.1 Injuries due to spinal
manipulation
1.4.2 Ineffective reimbursement scenario
1.4.3
Lack of scientific results
1.4.4 Other challenges

Chapter 2 U.S. Chiropractic Industry

2.1 U.S. Chiropractic Industry, 2014 – 2025 (USD Billion)
2.1.1
U.S. Chiropractic Industry Revenue by Geographic Region
2.1.2 U.S.
Chiropractic Industry Revenue by Location Spread
2.1.3 U.S.
Chiropractic Industry Revenue by Entity Type
2.1.4 U.S.
Chiropractic Industry Revenue by Entity Designation
2.1.4.1 Entity
Designation by Solo DC
2.1.4.2 Entity Designation by DC Group (2 or
more)
2.1.5 Key Competitors

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