Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 13.13 Billion | USD 18.40 Billion | 4.48% | 2022 |
The U.S chiropractic market size was worth around USD 13.13 Billion in 2022 and is predicted to grow to around USD 18.40 Billion by 2030 with a compound annual growth rate (CAGR) of roughly 4.48% between 2023 and 2030.
The report analyzes the U.S. chiropractic market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the U.S. chiropractic market.
Chiropractic is an alternative medicinal field that deals with the procedures involving diagnosis, prevention, and treatment of disorders affecting the musculoskeletal system, especially the ones concerning the spine. Professionals that undertake the medicinal processes are known as chiropractors. During a chiropractic session, the professional may use several manual techniques to adjust the spinal joints and other parts of the body.
The end goal is to reduce any recurring pain and improve the overall mobility of the body part. Chiropractic has been regarded to be based on various pseudoscientific ideas and many argue that the body can heal itself. It only requires extra assistance for speeding up the process which can be achieved by adjusting the spine and other joints. During the treatment, they may also incorporate certain therapies and exercises to facilitate the healing process.
Growing demand for non-invasive therapies to propel market growth
The U.S. chiropractic market is projected to grow owing to the increasing demand in the population for minimally invasive or non-invasive medical techniques. Patients are actively seeking medicine that is pain-free and does not lead to postoperative complications. Furthermore, a large part of the population is also inclined toward drug-free medical alternatives as chiropractic is the ideal choice in such cases that involve spine-related medical issues. Chiropractors mainly use hands-on techniques to adjust spinal joints and other parts of the body. These processes are conducted using low-amplitude, high-velocity thrust and do not require any invasive method. They also use stretching and other exercises to deliver the results. With the growing number of people suffering from several spine-related concerns, the demand for chiropractors in the United States is likely to grow.
Growing incidences of potential complications post-session to restrict the market growth
Although chiropractic is largely considered safe when conducted by trained professionals, in recent times, there has been an increase in the number of reported cases in which patients suffered from post-session complications. The American Heart Association has reported that the neck adjustment techniques used during these procedures are related to a stroke which may be fatal in certain cases. In recent times, many cases of chiropractic-related death have surfaced. A 2007 article published on Spine indicated that the number of serious complications associated with chiropractic care was approximately 1 in 100,000.
Rising integration with mainstream health care to provide growth opportunities
Until a few years ago, chiropractic was not considered a part of mainstream healthcare. Even today, the practice is considered a separate part of the broader medical umbrella. However, due to the growing number of people opting for such services, many initiatives have been undertaken to integrate chiropractic with traditional healthcare systems. This could lead to higher growth opportunities in the U.S. chiropractic industry as medical professionals from hospitals and other medical units collaborate with chiropractors to provide enhanced patient care.
Limited insurance coverage to challenge market growth
Since chiropractic is not considered a form of traditional medicine, the medical reimbursement policies around chiropractic sessions are vague and limited. Many insurance providers do not reimburse chiropractic sessions. There may be several terms and conditions associated with the few insurance providers that exist. In addition to this, the acceptance rate of chiropractic as a traditional medical procedure is relatively slow which further restricts the U.S. chiropractic market growth.
The U.S. chiropractic market is segmented based on age group, type, and region.
Based on age group, the market segments are above 64 years, 45-64 years, 21-44 years, and below 21 years. In 2022, the industry witnessed the highest growth in the 45-64 years segment due to the high demand for chiropractic care amongst the people with age in this group. A recent study by the National Institutes of Health (NIH) has claimed that nearly 50% or more of the population that undertakes chiropractic therapies is between the ages of 45 and 64.
The main reason for higher growth in the segment is due to people in the age group tend to regularly suffer from spine-related concerns due to poor posture, injury, and many other reasons. People above 65 years have to be in good health if they intend to undergo these services but in case they have an underlying condition, the procedure is not recommended.
Based on type, the U.S. chiropractic market is divided into functional corrective care, pain management care, preventive care, and maintenance. The industry registered the highest CAGR in the pain management care segment. A WebMD report suggests that nearly 35% of the patients opting for chiropractic care generally undertake these therapies for alleviating pain in different body parts such as arms, neck, and legs.
The procedure involves the use of drug-free treatments as chiropractors assess and diagnose any musculoskeletal problem that could be causing the pain. They develop personalized treatments for the patient depending on the diagnosis and address the problem from its root. The treatment plan can include soft tissue therapy, spinal adjustments, and therapeutic exercises and it can also reduce inflammation, promote healing, and improve joint mobility.
Report Attributes | Report Details |
---|---|
Report Name | U.S. Chiropractic Market Research Report |
Market Size in 2022 | USD 13.13 Billion |
Market Forecast in 2030 | USD 18.40 Billion |
Growth Rate | CAGR of 4.48% |
Number of Pages | 221 |
Key Companies Covered | Northwestern Health Sciences University, The Joint Chiropractic, Parker University, Life Chiropractic College West, University of Western States, Palmer College of Chiropractic, Canadian Memorial Chiropractic College, National University of Health Sciences, Bridgeport University College of Chiropractic, Logan University, Texas Chiropractic College, Sherman College of Chiropractic, International Chiropractors Association, Cleveland University-Kansas City, Davenport University College of Chiropractic, New York Chiropractic College, The Joint Commission for Accreditation of Healthcare Organizations, Southern California University of Health Sciences, ChiroTouch, Life University, The American Chiropractic Association, Chiropractic Economics magazine, Foundation for Chiropractic Progress, ChiroHealthUSA, and ChiroSecure malpractice insurance. |
Segments Covered | By Age Group, By Type, and By Region |
Regions Covered | North America (The U.S.) |
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2023 - 2030 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Midwest area of the USA to lead with the highest growth
The U.S. chiropractic market is expected to witness the highest growth in the Midwest area of the country. As per the American Chiropractic Association (ACA), a regional body that works toward increasing awareness and adoption of chiropractic, the most number of associated services and professionals were present in the regions of Illinois, Indiana, Minnesota, Iowa, Kansas, Michigan, Missouri, North Dakota, Ohio, Nebraska, South Dakota, and Wisconsin, collectively called as Midwest regions. These regions have a long-standing history of chiropractic and they are currently home to some of the largest segments of elderly people across the country. This has led to more people opting for regular chiropractic services along with traditional medical care. Furthermore, the growing initiatives by several smaller units promoting the pseudoscientific concept of chiropractic could generate higher revenue during the forecast period.
The U.S chiropractic market is led by players like:
By Age Group
By Type
By Region
FrequentlyAsked Questions
Chiropractic is an alternative medicinal field that deals with the procedures involving diagnosis, prevention, and treatment of disorders affecting the musculoskeletal system, especially the ones concerning the spine.
The U.S. chiropractic market is projected to grow owing to the increasing demand in the population for minimally invasive or non-invasive medical techniques.
According to study, the U.S. chiropractic market size was worth around USD 13.13 Billion in 2022 and is predicted to grow to around USD 18,40 Billion by 2030.
The CAGR value of the U.S. chiropractic market is expected to be around 4.48% during 2023-2030.
The U.S. chiropractic market is expected to witness the highest growth in the Midwest area of the country.
The U.S chiropractic market is led by players like Northwestern Health Sciences University, The Joint Chiropractic, Parker University, Life Chiropractic College West, University of Western States, Palmer College of Chiropractic, Canadian Memorial Chiropractic College, National University of Health Sciences, Bridgeport University College of Chiropractic, Logan University, Texas Chiropractic College, Sherman College of Chiropractic, International Chiropractors Association, Cleveland University-Kansas City, Davenport University College of Chiropractic, New York Chiropractic College, The Joint Commission for Accreditation of Healthcare Organizations, Southern California University of Health Sciences, ChiroTouch, Life University, The American Chiropractic Association, Chiropractic Economics magazine, Foundation for Chiropractic Progress, ChiroHealthUSA, and ChiroSecure malpractice insurance.
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