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NYCC
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Career Potential
Career Potential
Explosive Growth in Complementary and Alternative Medicine
Chiropractic and Oriental medicine are not only fulfilling careers, they’re
areas of medicine with incredible potential and booming growth. Complementary
and Alternative Medicine (CAM) is revolutionizing the medical marketplace.
CAM in the U.S.
- The CAM marketplace is valued at over $24 billion with a growth rate
of almost 15% annually
- Over 29 health insurers and HMOs currently cover
CAM therapies
- 56% of Americans – and 50% of physicians – surveyed
believe that health plans should cover alternative therapies
- 60% of
physicians have referred patients to CAM practitioners
- In 2002, the
White House Commission on CAM issued a report advocating integrating
CAM modalities into the healthcare system
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Chiropractic Grows
- Department of Labor growth projections for doctors of chiropractic
predict that employment will grow faster than average as complementary
healthcare grows
- Our Career Development Center regularly posts over 2,000
opportunities in chiropractic with daily updates and additions
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Acupuncture and Oriental Medicine Blossom
Oriental Medicine is an under-populated profession – there are
700,000 licensed physicians in the U.S. yet only 15,000 licensed acupuncturists,
creating tremendous opportunity
- Since 1992, the budget of the NIH’s National Center for CAM has
expanded from $2 million to over $100 million, funding more research
in Oriental medicine and other CAM modalities
- Acupuncture is a licensed profession in more than 40 states
- A 2001 survey showed that 67% of NYS hospitals utilize various CAM
therapies including acupuncture and predicted future growth
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