GLOBAL CHIROPRACTIC CARE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Global Chiropractic Care Market Size and Trends

The chiropractic care market is estimated to be valued at USD 1.38 Bn in 2024 and is expected to reach USD 2.24 Bn by 2031, growing at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031.

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The increasing prevalence of musculoskeletal disorders and work-related physical stress is driving the demand for chiropractic care services across the world. The chiropractic care market is witnessing positive trends with growing awareness about the advantages of non-invasive pain management techniques and alternative therapies. With rising healthcare costs, more people are turning to chiropractic care treatments which are drug-free and safe solutions for back pains, neck pains, and joint pains. Further, the growing geriatric population who are more prone to musculoskeletal conditions will continue driving the demand for chiropractic services.

Aging Population

As life expectancy increases across the world, populations are aging rapidly. Older individuals are more susceptible to musculoskeletal issues like back and neck pain which can develop due to age-related degeneration of bones and joints. Chiropractic care provides a safe and non-invasive approach to treat such pain and maintains spinal health. Recent research has shown benefits of regular chiropractic adjustments for the elderly in managing pain and improving mobility. According to an article published in October 2022 by WHO, by 2030, One in every six people in the world will be 60 years or older. At this time, the proportion of the population aged 60 and up will rise from 1 billion in 2020 to 1.4 billion. By 2050, the global population of persons aged 60 and older will double (2.1 billion).

With over 600 million people aged 65 and above globally expected by 2025, the rising senior citizen demographic presents a strong growth opportunity for chiropractic services.

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In today's fast paced work culture, the risk of musculoskeletal disorders from prolonged sitting, repetitive motions, and improper ergonomics has increased substantially. Occupations that involve heavy lifting, manufacturing tasks, and construction work carry higher odds of developing back, shoulder or wrist complaints over time. Chiropractic care is gaining acceptance as an important part of workplace wellness programs with its focus on early intervention, injury prevention through education about ergonomics and lifestyle changes, as well as treatment of both acute and chronic work-related issues. Many employers are recognizing chiropractic care's ability to deliver a good return on investment through reducing absenteeism costs and boosting productivity levels of employees by helping them stay active and functional on the job. The growing corporate emphasis on proactively managing the health of physical workforce points to strong upside for chiropractic services market for work-related conditions.