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

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.

Chiropractic care is a health care profession that focuses on disorders of the musculoskeletal system and the nervous system and the effects of these disorders on general health. It is a drug-free, non-invasive healthcare approach that primarily focuses on manual manipulation and alternative treatments such as acupuncture and massage therapy. The rising prevalence of musculoskeletal disorders such as lower back pain, disc disorders, neck and joint pain across the globe is driving more people to opt for chiropractic care as the first choice of treatment over drug medication and invasive therapies. Furthermore, increasing awareness about the benefits of chiropractic care and growing inclination towards healthy lifestyle choices are expected to push the demand for chiropractic care services in the coming years.

Market Dynamics:

The global chiropractic care market is primarily driven by the rising geriatric population and the increasing rate of lower back pain, disc disorders, and musculoskeletal injuries. According to the American Academy of Pain Medicine, lower back pain is one of the most common reasons for job-related disability and missed work. Chiropractic care offers a drug-free and non-invasive approach to treat such conditions without any side effects. Furthermore, increasing consumer preference for alternative therapies over conventional drug medications is expected to provide lucrative growth opportunities for chiropractic care services. However, the market growth could be restrained by the higher cost of chiropractic treatment compared to conventional physical therapy or medications. Moreover, limited or lack of insurance coverage for chiropractic care in many countries negatively impacts the market revenues. The development of low-cost treatment options and greater insurance coverage are expected to create new opportunities for chiropractic care market players during the forecast period.

Key Features of the Study:

• This report provides an in-depth analysis of the global chiropractic care market, and provides market size (US$ Billion) and Compound Annual Growth Rate (CAGR %) for the forecast period (2024-2031), considering 2023 as the base year.
• It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global chiropractic care market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies.
• The key companies covered as a part of this study include Chiro One Wellness Center, Chiropractic Strategies Group, Inc., ProHealth Chiropractic Wellness Center, The Joint Corp., Landmark Healthcare Services, Inc., American Chiropractic Clinics, OPTIMAL HEALTH CHIROPRACTOR LIMITED, HealthQuest Chiropractic & Physical Therapy, ATLAS CHIROPRACTIC & WELLNESS, NJSSW, Pure Wellness, Align Chiropractic, City Chiropractic, Aarhus Chiropractic, and MaxLiving.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• The global chiropractic care market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global chiropractic care market.

Detailed Segmentation:

• Treatment Type:
  • Chiropractic adjustments
  • Exercises and stretches
  • Joint bracing/taping
  • Soft-tissue therapy
  • Others
• Pain Type:
  • Back pain
  • Neck pain
  • Headache
  • Strains & sprains
  • Arthritis
  • Others
• Age Group:
  • Pediatric
  • Adults
  • Geriatric
• Region: 
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa
• Company Profiles:
  • Chiro One Wellness Center
  • Chiropractic Strategies Group, Inc.
  • ProHealth Chiropractic Wellness Center
  • The Joint Corp.
  • Landmark Healthcare Services, Inc.
  • American Chiropractic Clinics
  • OPTIMAL HEALTH CHIROPRACTOR LIMITED
  • HealthQuest Chiropractic & Physical Therapy
  • ATLAS CHIROPRACTIC & WELLNESS
  • NJSSW 
  • Pure Wellness
  • Align Chiropractic
  • City Chiropractic
  • Aarhus Chiropractic
  • MaxLiving