Chiropractor Scott Zack Michigan takes a closer look at the booming software market in his particular field of care.
With massive development newly forecast between now and 2025, the chiropractic software sector is one of a number of surprise markets where growth is expected to far exceed estimates made as little as 12 months ago. A popular chiropractor from Oakland County, Michigan, Dr. Scott Zack offers a closer look at the facts and figures following the release of a report by a leading business intelligence data firm earlier this month.
“The potential for exponential future growth recently demonstrated across large parts of the chiropractic software market is huge,” suggests Scott Zack Michigan, speaking from his office in the Oakland County charter township of West Bloomfield, Michigan. “What’s more, regional pockets are exploding faster than others,” adds the expert, “meaning that frontline players with effective growth strategies and their eyes on the ball are achieving growth even faster than could’ve possibly been imagined.”
More than 20 major companies are now both invested and operating in the burgeoning chiropractic software market, according to Scott Zack Michigan. These, he says, include AdvancedMD, Nuesoft Technologies, Practice Fusion, ChiroPulse, CloudChiro, Forte Holdings, InPhase Technologies, and Life Systems Software. Thus far, those who have been most successful, Scott Zack Michigan suggests, have been the companies fastest to implement growth steering activities, particularly across the aforementioned select regional pockets.
Upstream and downstream market developments have now been identified, as have downstream demand prospects, Dr. Scott Zack reveals. “Able to harness agile growth predictions, those who were earliest to the chiropractic software market are already reaping the benefits, while simultaneously driving continued growth among major players and smaller operators alike,” adds Dr. Zack.
The chiropractic software market can currently be primarily classified into two main areas. “Type and application,” says Scott Zack Michigan. Type, or software type, he points out, includes the likes of cloud-based or web-based when considering the variety of chiropractic software options already on the market. “Application, meanwhile,” Dr. Zack goes on, “considers the many domains that the market spans, such as research institutes and hospitals.”
Exact market volume and value estimation figures aren’t widely available, but a recent study by a leading business intelligence data firm concerning 2025 numbers for the chiropractic software sector made for interesting reading, Scott Zack Michigan states. A complete analysis of the market, the report sought to offer both concrete and tangible views of relevant dynamics, a review of historical growth projections, holistic insight into market developments, and more.
Growth hotspots for the currently burgeoning chiropractic software market are identified as North America, Europe, Asia Pacific, and Latin America, according to Scott Zack Michigan, as well as the Middle East and parts of Africa.
“The growth trajectory, particularly in North America will, I believe, see massive further investment into the chiropractic software market between now and 2025,” adds Dr. Scott Zack in closing, “especially as those involved begin to conclude a variety of opportunity analysis studies in the wake of the ongoing global health crisis.”