Chiropractic Clinics NAICS 621310

Aug 1, 2025 - New Hampshire Law may Increase Access To Chiropractic Care For Animals

• A new New Hampshire law will expand chiropractic care for pets by allowing licensed chiropractors who primarily serve people to more easily serve animals too. Bill sponsor Diane Kelley said that allowing chiropractors to treat animals more easily will provide a welcome alternative to traditional veterinary care, which can be hard to access in New Hampshire because of a workforce shortage. Kelly also said that she has received calls from lawmakers from other states who are working on similar measures.
• President Trump has signed into law the $3.4 trillion One Big Beautiful Bill that is estimated by Healio to include $930 billion in Medicaid cuts over 10 years. Medicare has covered some chiropractic services since 1972, but beneficiaries must seek diagnostic tests and similar services from different providers. Nearly 12 million more people may be uninsured by 2034, with many losing coverage because of the Medicaid provisions in the bill, according to a US Congressional Budget Office analysis. For the first time in the Medicaid program’s nearly 60-year history, certain able-bodied adults aged 19 years to 64 years will be required to work, participate in job training, volunteer, or enroll in school at least 80 hours a month to maintain their Medicaid benefits. This will also be required for parents of children aged 14 years and older.

• The chiropractic market, once dominated by solo entrepreneurs and chiropractic-specific groups, is now seeing larger institutional buyers entering the space, according to Chiropractic Economics. There are several different types of investors in the market for chiropractic. Private equity (PE) firms typically focus on buying larger, mature clinic groups, and will almost always partner with the existing owner to ensure that they keep the chiropractic and regional knowledge in the company. Incubator programs, a type of private equity, train business executives to lead new ventures formed by acquiring existing businesses, with PE support in funding and mentorship. This model allows for acquiring smaller businesses by sharing the costs of advisory resources across multiple organizations. Venture capital (VC) firms, a newer player in chiropractic, are interested in being disruptors. They look for industries with foundational challenges and inefficiencies and focus on building a better model that can revolutionize the space. Family offices manage high-net-worth family wealth with a long-term focus, prioritizing stability and legacy over quick resale. Being acquired by a family office can mean avoiding some of the pressured growth timelines typical of PE and VC institutional buyers.
• Chiropractic industry sales are forecast to increase at a 6.08% compounded annual rate from 2025 to 2029, faster than the growth of the overall economy, according to Inforum and the Interindustry Economic Research Fund, Inc. Chiropractic industry employment increased slightly and average wages for nonsupervisory employees decreased slightly during the first six months of 2025, according to the US Bureau of Labor Statistics.