United States Chiropractic Market Size, Share & Trends Analysis Report, 2018-2025 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Feb 21, 2019--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:
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 22.214.171.124 Entity Designation by Solo DC 126.96.36.199 Entity Designation by DC Group (2 or more) 2.1.5 Key Competitors
For more information about this report visit https://www.researchandmarkets.com/research/mqw3hp/united_states?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190221005416/en/
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Related Topics:Alternative and Complementary Medicine
KEYWORD: UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: HEALTH GENERAL HEALTH
SOURCE: Research and Markets
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PUB: 02/21/2019 05:54 AM/DISC: 02/21/2019 05:54 AM