The U.S. chiropractic market size reached USD 571.20 million in 2023 and is projected to hit around USD 5,946.48 million by 2033, expanding at a CAGR of 26.4% during the forecast period from 2024 to 2033.
Key Takeaways:
U.S. Chiropractic Market Overview
The U.S. chiropractic market is a significant segment within the healthcare industry, providing alternative and complementary solutions to traditional medical care. Rooted in the principles of spinal health and nervous system function, chiropractic services have gained widespread acceptance and popularity across the nation.
U.S. Chiropractic Market Growth
The growth of the U.S. chiropractic market can be attributed to several key factors. Firstly, there is a rising awareness among consumers about the benefits of non-invasive and drug-free approaches to healthcare, leading to an increased demand for chiropractic services. Additionally, the growing emphasis on preventive healthcare has fueled interest in holistic treatment modalities, further driving the market's expansion. The integration of chiropractic care into mainstream healthcare practices has played a pivotal role, as medical professionals increasingly recognize its value in providing comprehensive and patient-centered solutions. Moreover, technological advancements, such as the use of digital imaging and telehealth services, have enhanced the efficiency and accessibility of chiropractic treatments. As the market continues to evolve, the collaborative efforts between chiropractors and other healthcare providers contribute to its sustained growth, offering diverse and effective solutions for individuals seeking musculoskeletal care.
U.S. Chiropractic Market Report Scope
Report Attribute | Details |
Market Size in 2024 | USD 722.00 Million |
Market Size by 2033 | USD 5,946.48 Million |
Growth Rate From 2024 to 2033 | CAGR of 26.4% |
Base Year | 2023 |
Forecast Period | 2024 to 2033 |
Segments Covered | Designation, location |
Market Analysis (Terms Used) | Value (US$ Million/Billion) or (Volume/Units) |
Report Coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
Key Companies Profiled | Magen David Community Center, Inc.; The Joint Corp.; Lbi Starbucks DC 3; Allied Health of Wisconsin, S.C.; Sherman College of Chiropractic; 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; Multi-Specialty Healthcare Group, LLC |
U.S. Chiropractic Market Dynamics
Drivers
Restraints
Opportunities
Challenges
Segments Insights:
Location Insights
The suburban segment dominated the market and accounted for the largest revenue share of around 63.0% in 2023. Chiropractic care has grown more rapidly in the U.S. suburbs than urban regions. The suburban population, frequently made up of families and people with established lives, show a larger propensity for holistic medical treatments.
In suburban locations, where space is more readily available, chiropractors can open larger clinics with plenty of parking, which might be difficult in highly populated metropolitan settings. In addition, the strong sense of community and close-knit relationships that may be found in suburban neighborhoods contribute significantly to the expansion of chiropractic clinics through word-of-mouth referrals and recommendations.
The rural segment is expected to advance at the fastest CAGR of 27.3% during the forecast period. The segment is projected to witness a significant increase in healthcare expenditure. The availability of limited healthcare facilities and the need for non-invasive treatments are the key factors driving market growth in this segment. In addition, chiropractic care is more affordable than other types of healthcare, which appeals to people with limited financial resources.
According to the U.S. Bureau of Labor Statistics, the average cost of a chiropractic visit in the U.S. is relatively affordable at USD 65, making it an attractive option for people seeking healthcare services. This lower cost compared to other medical procedures allows individuals to access chiropractic care more easily, leading to its popularity as a preferred choice for managing musculoskeletal issues and promoting overall health and wellness.
Designation Insights
The clinic segment accounted for the largest revenue share of around 46% in 2023. In comparison to wellness centers, chiropractic clinics have grown significantly. They provide specialized treatments for musculoskeletal diseases, especially those connected to spine-related diagnosis, treatment, and prevention. Patients are seeking out these clinics due to growing public knowledge of the advantages of chiropractic treatment. Additionally, the ease of direct access flexible scheduling, and the integration of chiropractic care with conventional healthcare systems, all contribute to their expansion.
However, wellness centers, which provide a wider range of holistic treatments, are not necessarily on the decline because chiropractic clinics are growing. In the U.S., there are approximately 95,438 licensed chiropractic businesses. Among the states, California and Florida have the highest number of chiropractor clinics, with each state having over 10,000 establishments offering chiropractic services. Chiropractic care is a popular form of complementary and alternative medicine, and these clinics cater to a diverse range of patients seeking relief from musculoskeletal issues and improve overall well-being.
The franchise segment is expected to expand at the fastest CAGR of 28.6% over the forecast period in the U.S. chiropractic market. The franchise segment offers a tested business structure that enables chiropractors to launch their practices with the backing of a well-known name. Franchises with a proven track record get more clients due to their credibility and reputation, accelerating segment growth.
Franchise systems support marketing and advertising, providing efficient service promotion both locally and nationally. The reputation of the clinics is improved through training programs that keep the level of services uniform across all franchise sites. Chiropractic professionals open new clinics at a faster pace due to the expansion strategies of franchise systems and financial aid availability.
Key Companies & Market Share Insights
Companies focus on research and development to introduce technologically advanced products and gain a competitive edge. They are also engaging in acquisitions, mergers, and partnerships to increase their manufacturing capacities & strengthen product portfolio, as well as provide competitive differentiation. For instance, in April 2022, FV Hospital announced the acquisition of American Chiropractic Clinic (ACC). The acquisition enabled FV Hospital to enhance its medical treatment and services and chiropractic services.
Key U.S. Chiropractic Companies:
Segments Covered in the Report
This report forecasts revenue growth at country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Nova one advisor, Inc. has segmented the U.S. Chiropractic market.
By Designation
By Location
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.1.1. Designation
1.1.2. Location
1.1.3. Estimates and forecast timeline
1.2. Research Methodology
1.3. Information Procurement
1.3.1. Purchased database
1.3.2. Nova one advisor internal database
1.3.3. Secondary sources
1.3.4. Primary research
1.3.5. Details of primary research
1.4. Market Formulation & Validation
1.5. Model Details
1.6. List of Secondary Sources
1.7. List of Primary Sources
1.8. Objectives
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.2.1. Designation outlook
2.2.2. Location outlook
2.3. Competitive Insights
Chapter 3. U.S. Chiropractic Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent market outlook
3.1.2. Related/ancillary market outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Market Dynamics
3.3.1. Market Driver Analysis
3.3.2. Market Restraint Analysis
3.4. U.S. Chiropractic Market Analysis Tools
3.4.1. Industry Analysis - Porter’s Five Forces
3.4.1.1. Supplier power
3.4.1.2. Buyer power
3.4.1.3. Substitution threat
3.4.1.4. Threat of new entrant
3.4.1.5. Competitive rivalry
3.4.2. PESTEL Analysis
3.4.2.1. Political landscape
3.4.2.2. Technological landscape
3.4.2.3. Economic landscape
Chapter 4. U.S. Chiropractic Market: Designation Estimates & Trend Analysis
4.1. U.S. Chiropractic Market: Key Takeaways
4.2. U.S. Chiropractic Market: Designation Movement & Market Share Analysis, 2024 to 2033
4.3. Clinic
4.3.1. Clinic market estimates and forecasts, 2021 to 2033
4.4. Wellness Center
4.4.1. Wellness center market estimates and forecasts, 2021 to 2033
4.5. Rehab Center
4.5.1. Rehab center market estimates and forecasts, 2021 to 2033
4.6. Franchise
4.6.1. Franchise market estimates and forecasts, 2021 to 2033
Chapter 5. U.S. Chiropractic Market: Location Estimates & Trend Analysis
5.1. U.S. Chiropractic Market: Key Takeaways
5.2. U.S. Chiropractic Market: Location Movement & Market Share Analysis, 2024 to 2033
5.3. Urban
5.3.1. Urban market estimates and forecasts, 2021 to 2033
5.4. Suburban
5.4.1. Suburban market estimates and forecasts, 2021 to 2033
5.5. Rural
5.5.1. Rural market estimates and forecasts, 2021 to 2033
Chapter 6. Competitive Landscape
6.1. Recent Developments & Impact Analysis, By Key Market Participants
6.2. Company/Competition Categorization
6.2.1. Magen David Community Center, Inc.
6.2.1.1. Company overview
6.2.1.2. Financial performance
6.2.1.3. Product benchmarking
6.2.1.4. Strategic initiatives
6.2.2. The Joint Corp.
6.2.2.1. Company overview
6.2.2.2. Financial performance
6.2.2.3. Product benchmarking
6.2.2.4. Strategic initiatives
6.2.3. Lbi Starbucks DC 3
6.2.3.1. Company overview
6.2.3.2. Financial performance
6.2.3.3. Product benchmarking
6.2.3.4. Strategic initiatives
6.2.4. Allied Health of Wisconsin, S.C.
6.2.4.1. Company overview
6.2.4.2. Financial performance
6.2.4.3. Product benchmarking
6.2.4.4. Strategic initiatives
6.2.5. Sherman College of Chiropractic
6.2.5.1. Company overview
6.2.5.2. Financial performance
6.2.5.3. Product benchmarking
6.2.5.4. Strategic initiatives
6.2.6. Chiropractic Strategies Group, Inc.
6.2.6.1. Company overview
6.2.6.2. Financial performance
6.2.6.3. Product benchmarking
6.2.6.4. Strategic initiatives
6.2.7. Chiro One Wellness Centers, LLC
6.2.7.1. Company overview
6.2.7.2. Financial performance
6.2.7.3. Product benchmarking
6.2.7.4. Strategic initiatives
6.2.8. Landmark Healthcare Services, Inc.
6.2.8.1. Company overview
6.2.8.2. Financial performance
6.2.8.3. Product benchmarking
6.2.8.4. Strategic initiatives
6.2.9. Parsons Gregory V Advanced Chiropractic Clinic
6.2.9.1. Company overview
6.2.9.2. Financial performance
6.2.9.3. Product benchmarking
6.2.9.4. Strategic initiatives
6.2.10. Silverman Chiropractic Center, DC PCA
6.2.10.1. Company overview
6.2.10.2. Financial performance
6.2.10.3. Product benchmarking
6.2.10.4. Strategic initiatives
6.2.11. Emergency Chiropractic
6.2.11.1. Company overview
6.2.11.2. Financial performance
6.2.11.3. Product benchmarking
6.2.11.4. Strategic initiatives
6.2.12. Multi-Specialty Healthcare Group, LLC
6.2.12.1. Company overview
6.2.12.2. Financial performance
6.2.12.3. Product benchmarking
6.2.12.4. Strategic initiatives