Chiropractors in the US - Industry Market Research Report

Chiropractors in the US - Industry Market Research Report

  • June 2021 •
  • 47 pages •
  • Report ID: 198586 •
  • Format: PDF
Strong backbone: An aging population and rising incomes will keep the industry afloat

Abstract

Chiropractors in the US
Chiropractic care is the largest complementary alternative medicine in the United States. However, studies concerning the efficacy of chiropractic treatments have produced conflicting results. Due to doubt about the field’s applications, Chiropractors industry revenue is expected to grow slowly over the five years to 2019. Additionally, despite revenue growth, the industry has consolidated over the past five years, as chiropractors have attempted to gain legitimacy and reduce costs by partnering with other healthcare professionals to establish multidisciplinary companies. Limited Medicare and Medicaid coverage of industry services, coupled with sustained public skepticism of chiropractic practices, will likely limit industry revenue growth over the five years to 2024.

This industry includes practitioners that have a chiropractic degree. These doctors are primarily independent practitioners that diagnose and treat patients based on the concept that the nervous system coordinates all of the body’s functions. Chiropractors manipulate the spine with their hands to realign the vertebrae and relieve pressure on the nerves.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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