The Chiropractors industry is expected to grow slowly due to doubt about the field's legitimacy. However, the number of people over the age of 50 is rising, supporting industry demand; additionally, healthcare reform is expanding the number of individuals with health insurance, bolstering revenue growth. In the next five years, sustained public skepticism of the industry will likely continue to limit industry growth, but chiropractors are positioned to take advantage of newfound consumer interest in complementary and alternative care. Additonally, healthcare reform will also continue to positively impact the industry, although it will drag down profit margins.
This industry includes practitioners who have a chiropractic degree. These doctors are primarily independent practitioners who 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.