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Chiropractors in the US - Industry Market Research Report

Publisher IBISWorld
Published Feb 15, 2025
Length 43 Pages
SKU # IBSS19911416

Description

Chiropractors in the US

Once regarded as quackery by the American Medical Association, chiropractic care has transformed into a mainstream medical treatment option. Lacking conclusive medical research, private and public insurers' coverage of care is a tacit acceptance of chiropractic treatments and spurs consumers to consider chiropractors' lower-cost, drug-free alternatives. Considered an essential service and able to benefit from small business assistance, chiropractor revenue bounced back from the COVID-19 (coronavirus) pandemic. Nonetheless, revenue grew slightly at a CAGR of 0.4% to $19.5 billion through 2023. Hefty profit margins at 19.6% matched strong revenue growth of 4.3% in 2023 alone.

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."

Table of Contents

43 Pages


ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY
How Do Licenses Work?
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