Research and Markets (http://www.researchandmarkets.com/research/a70480/chiropractor_offic) has announced the addition of the "Chiropractor Offices" report to their offering.

The US chiropractic industry includes about 28,000 establishments (single-location companies and branches of multi-location companies) and 50,000 licensed chiropractors with combined annual revenue of about $9 billion. No major companies dominate. The industry is highly fragmented: the top 50 companies generate less than 10 percent of revenue.

COMPETITIVE LANDSCAPE

Demand for chiropractic services is driven by the aging of the US population and the overall acceptance of alternative medicine and chiropractic care. The profitability of individual companies depends on effective marketing and maximizing billable hours. Large companies have advantages in regional name recognition. Small companies can compete effectively by serving a small community or integrating the practice into a larger holistic health practice. The industry is labor-intensive: annual revenue per worker is about $80,000.