US Chiropractic Market

The US chiropractic market size is projected to expand at a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the rising prescription pain drug misuse and increased awareness about this treatment.

Chiropractic is a type of complementary therapy that focuses on musculoskeletal issues. Its major focus is on spinal health. Muscles, bones, joints, cartilage, and tendons make up an individual's musculoskeletal system. It protects an individual's organs, supports their body, and lets them to move. Chiropractic used to be based on the belief that issues with the musculoskeletal system produced disease by way of the central nervous system. This belief is no longer part of the formal practice.

Get Free Sample Report

Chiropractic manipulation is the process of applying pressure to a person's spine or other portions of their body by a certified chiropractic doctor, or chiropractor.  A chiropractor can adjust and correct alignment with the use of this pressure. Chiropractic manipulation seeks to enhance mechanical function, or how a person moves, by reducing pain and improving mechanical function.

To evaluate if therapy is suitable for your back pain, a chiropractor takes a medical history, does a physical examination, and may utilize lab testing or diagnostic imaging. One or more manual adjustments, in which the doctor manipulates the joints with a controlled, sudden force to enhance range and quality of motion, may be part of the therapy strategy. Nutritional advice and exercise/rehabilitation are often included in the treatment plan by many chiropractors. In addition to back pain management, the aims of chiropractic therapy include the restoration of function and injury prevention.

Acute low back pain, such as that caused by moving furniture or being tackled, is treated with spinal manipulation and chiropractic therapy, which are usually regarded safe and effective. The spine is manipulated during a chiropractic adjustment. Mild side effects could occur after the therapy such as increased pain, discomfort, muscular stiffness, headache, and exhaustion. There has been rare incidence when Chiropractic therapy has worsened a herniated or slipped disc, or neck manipulation has resulted in a spinal cord damage.

Market Trends, Drivers, Restraints, and Opportunities

• Increasing incidence of bank pain, shoulder pain, neck pain, and headache across the country are projected to drive the market during the forecast period.
• Increasing geriatric population and increase in the number of clinics, spas, and rehab centers that are backed by well-established firms are major factors boosting the market growth.
• Growing adoption of chiropractic therapy due to its cost effectiveness is anticipated to drive the market growth during the forecast period.
• Growing number of chiropractors in the country is anticipated to push the market growth in the coming years.
• Favorable government regulations and specific sets of rules to bring an order and safe use of the treatment method is key factor propelling the market growth during the forecast period.
• Lack of recognized scientific evidence present as key challenge that can hamper the market growth during the forecast period.
• Increased number of clinical trials is expected to create significant opportunities for the market players.

Scope of Chiropractic Market Report

The report on the US chiropractic market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Chiropractic Market Segment Insights

Solo clinics segment is expected to account for a key share

Based on entity types, the US chiropractic market is bifurcated into solo clinics and groups.  The solo clinics segment is further sub segmented into clinic, wellness centre, medical spa, rehab centre, and franchise. The groups segment is further sub segmented into clinic, wellness centre, rehab centre, and franchise. The solo clinics segment is expected to account for a key share of the market during the forecast period owing its ready-made source of marketing, finance, and awareness for a new entrant looking to open a clinic.

There are a variety of chiropractic studios and clinics around the country, including solo and group entities in the form of franchises and chain clinics with several sites. This appears to be a direct effect of an increase in the number of patients visiting chiropractors as a consequence of improved long-term outcomes. Chiropractors in the USUSUS serve around 35 million patients each year, which has helped to drive the chiropractic industry growth In the US, chiropractic treatments are provided through government health delivery systems that include the Departments of Veterans Affairs and Defense, Federal Workers' Compensation, Medicaid, all state workers' compensation programs, and the Federal Employees Health Benefits Program.

US chiropractic market is anticipated to expand

The US chiropractic market is anticipated to expand at an impressive CAGR during the forecast period owing to increasing need for alternative pain treatment to combat the growing issues of opioid addiction crisis. The need for alternative pain treatment; this, in turn, has created significant growth opportunities for chiropractic service providers. Opioid prescription rates are declining, according to health agencies and organizations. This is attributed to a rise in the use of alternative pain treatments, such as chiropractic therapy.

Because of the rising number of individuals who have died from opioid overdoses, a large number of health organizations have advised doctors to decrease opioid prescriptions. Though the US Food and Drug Administration (FDA) has not approved most chiropractic procedures, it is the most popular treatment option since it is less expensive than prescription medicine and does not include any dangerous or dependence-inducing chemical substances. The FDA's attempts to create and give clinical evidence for chiropractic treatment, on the other hand, would aid market expansion. The majority of people who seek chiropractic therapy opt for a long term treatment and seek a chiropractor for chronic discomfort.

Segments

The US chiropractic market has been segmented on the basis of

Entity Types

• Solo Clinics
  • Clinic
  • Wellness Centre
  • Medical Spa
  • Rehab Centre
  • Franchise
• Groups
  • Clinic
  • Wellness Centre
  • Rehab Centre
  • Franchise

Country

• The US

Key Players

• 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, DC PCA
• Emergency Chiropractic PC
• Multi-Specialty Healthcare Group, LLC

Competitive Landscape

Key players competing in the US chiropractic market includes 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, DC PCA; Emergency Chiropractic PC; and Multi-Specialty Healthcare Group, LLC.

Some of the key business strategies such as mergers, acquisitions, partnerships, collaborations, and capacity expansion are expected to enhance their market shares.