Market Overview:
The global chiropractic market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing prevalence of musculoskeletal disorders, rising awareness about chiropractic care, and growing demand for non-invasive treatment options. The global chiropractic market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into solo clinic and group practice. Solo clinics are expected to account for a larger share of the market than group practices during the forecast period owing to their lower cost structure and higher patient satisfaction levels. On the basis of application, urban areas are expected to account for a larger share of the global chiropractic market than suburban or rural areas duringthe forecast period owingto better access t o healthcare facilitiesand greater awareness about chiropractic care in urban areas .
Product Definition:
Chiropractic is a form of alternative medicine that emphasizes the diagnosis and treatment of musculoskeletal problems, especially those of the spine, as well as joint problems and other neurological issues. Chiropractors use spinal manipulation and other techniques to treat patients.
Solo Clinic:
A solo clinic is a business that practices only one specialty such as neurology, osteopathy, or chiropractic. The term “solo” in the name refers to the fact that there is no other medical practice involved. In most cases, solo clinics are owned and operated by physicians who choose to work alone rather than forming part of a group or partnership.
The global Chiropractic market has witnessed significant growth over the past few years.
Group:
The Group is a service that allows patients to book appointments with multiple chiropractors for the same issue. It helps in reducing the overall cost of treatment by allowing patients to see different doctors on different days. Chiropractic groups are also known as sharing groups or co-op's and they allow practitioners to share expenses related to equipment, software, and website costs among members resulting in reduced costs per member which increases their chances of success.
Application Insights:
Rural areas accounted for the largest share of more than 50.0% in 2017. The rural population has been demanding access to advanced healthcare facilities owing to the lack of availability of skilled practitioners and proper infrastructure in rural regions, which is anticipated to propel growth over the forecast period. Chiropractors have been providing services at government health centers, primary healthcare centers and hospitals since ages as a part-time facility due to low reimbursement rates by private insurers and absence of any formal insurance coverage system in most countries, which further propels demand from this segment.
The urban segment is expected register significant growth during the forecast period on account of increasing consumer disposable income coupled with rising awareness regarding various benefits associated with chiropractic care among consumers, especially millennials who prefer online medical consultations before seeking treatment at clinics or hospitals.
Regional Analysis:
North America dominated the overall market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to high awareness levels regarding chiropractic care, availability of a wide network of clinics and strong brand identity of chiropractors in this region.
Asia Pacific is anticipated to witness lucrative growth over the coming years owing to increasing number of patients seeking treatment from sub-standard medical facilities at cheaper rates as well as improving healthcare infrastructure with an aim towards reducing healthcare costs for governments and insurance companies. These factors are expected to boost demand for Chiropractic Care in Asia Pacific over the forecast period (2018 - 2030). Moreover, growing population along with rising disposable income will further drive demand for wellness services which includes Chiropractic Care in APAC market space (2018 - 2030).
Growth Factors:
- Increasing awareness of the benefits of chiropractic care: As people become more aware of the benefits of chiropractic care, more and more are likely to seek out this form of treatment. This is especially true for those who have experienced firsthand the relief that chiropractic care can provide.
- Growing demand for alternative treatments: There is a growing demand for alternative treatments, and chiropractic care is one form that continues to gain in popularity. This may be due, in part, to the fact that it does not involve drugs or surgery and can be an effective way to treat a wide range of conditions.
- Rising number of seniors seeking chiropractic care: The number of seniors seeking chiropractic care is on the rise as they become increasingly aware of its benefits for treating various health conditions common among older adults. In addition, research has shown that regular chiropractic visits can help improve overall quality-of-life and mobility in seniors.
Scope Of The Report
Report Attributes
Report Details
Report Title
Chiropractic Market Research Report
By Type
Solo Clinic, Group
By Application
Urban, Suburban, Rural
By Companies
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
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
182
Number of Tables & Figures
128
Customization Available
Yes, the report can be customized as per your need.
Global Chiropractic Market Report Segments:
The global Chiropractic market is segmented on the basis of:
Types
Solo Clinic, Group
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Urban, Suburban, Rural
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 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
Highlights of The Chiropractic Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Solo Clinic
- Group
- By Application:
- Urban
- Suburban
- Rural
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Chiropractic Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Chiropractic is a healthcare profession that focuses on the diagnosis and treatment of conditions related to the spine. Chiropractors use manual therapy, which is a type of massage, to manipulate the spine. This can help relieve pain and improve function.
Some of the key players operating in the chiropractic market are 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.
The chiropractic market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Chiropractic Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Chiropractic Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Chiropractic Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Chiropractic Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Chiropractic Market Size & Forecast, 2018-2028
4.5.1 Chiropractic Market Size and Y-o-Y Growth
4.5.2 Chiropractic Market Absolute $ Opportunity
Chapter 5 Global Chiropractic Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Chiropractic Market Size Forecast by Type
5.2.1 Solo Clinic
5.2.2 Group
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Chiropractic Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Chiropractic Market Size Forecast by Applications
6.2.1 Urban
6.2.2 Suburban
6.2.3 Rural
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Chiropractic Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Chiropractic Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Chiropractic Analysis and Forecast
9.1 Introduction
9.2 North America Chiropractic Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Chiropractic Market Size Forecast by Type
9.6.1 Solo Clinic
9.6.2 Group
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Chiropractic Market Size Forecast by Applications
9.10.1 Urban
9.10.2 Suburban
9.10.3 Rural
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Chiropractic Analysis and Forecast
10.1 Introduction
10.2 Europe Chiropractic Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Chiropractic Market Size Forecast by Type
10.6.1 Solo Clinic
10.6.2 Group
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Chiropractic Market Size Forecast by Applications
10.10.1 Urban
10.10.2 Suburban
10.10.3 Rural
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Chiropractic Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Chiropractic Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Chiropractic Market Size Forecast by Type
11.6.1 Solo Clinic
11.6.2 Group
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Chiropractic Market Size Forecast by Applications
11.10.1 Urban
11.10.2 Suburban
11.10.3 Rural
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Chiropractic Analysis and Forecast
12.1 Introduction
12.2 Latin America Chiropractic Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Chiropractic Market Size Forecast by Type
12.6.1 Solo Clinic
12.6.2 Group
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Chiropractic Market Size Forecast by Applications
12.10.1 Urban
12.10.2 Suburban
12.10.3 Rural
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Chiropractic Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Chiropractic Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Chiropractic Market Size Forecast by Type
13.6.1 Solo Clinic
13.6.2 Group
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Chiropractic Market Size Forecast by Applications
13.10.1 Urban
13.10.2 Suburban
13.10.3 Rural
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Chiropractic Market: Competitive Dashboard
14.2 Global Chiropractic Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Magen David Community Center, Inc.
14.3.2 The Joint Corp.
14.3.3 Lbi Starbucks DC 3
14.3.4 Allied Health of Wisconsin, S.C., P.C.
14.3.5 Sherman College of Straight Chiropractic, Inc.
14.3.6 Chiropractic Strategies Group, Inc.
14.3.7 Chiro One Wellness Centers, LLC
14.3.8 Landmark Healthcare Services, Inc.
14.3.9 Parsons Gregory V Advanced Chiropractic Clinic
14.3.10 Silverman Chiropractic Center, DC PCA
14.3.11 Emergency Chiropractic PC
14.3.12 Multi-Specialty Healthcare Group, LLC
