For the treatment of chronic ailments, long-term pain among others and also for additional vitamins and other dietary supplements of regular diet, complementary and alternative forms of therapy are being used. Further, during the forecast period the market is probable to grow with considerable increment in the costs of conventional medicine and inclination against body wellness instead of pharmaceutical cure.
Globally as well as on regional level, projection and analysis of the complementary and alternative medicine market are considered in this report. The report covers historic data from 2016 and the forecast data from 2019 to 2025 on the basis of revenue (USD Million). The drivers and constraints of the complementary and alternative medicine as well as the influence on the requirement during the forecast period are included in this study. Moreover, the report covers the study of opportunities accessible in the complementary and alternative medicine market on a global and regional level.
Long time medication is the major alternative therapies which are usually used for chronic pains and illnesses. The complementary and alternative medicine market is expected to grow as of the rise in the number of studios and outlets in the form of startups and well-established firms providing dietary herbal supplements and various other accessories required for the therapies.
The prominent players of Complementary And Alternative Medicine Market are Columbia Nutritional Inc.; Herb Pharm; Herbal Hills; Helio USA Inc.; Deepure Plus; Nordic Naturals; Pure encapsulations, Inc.; and other wellness institutes like Iyengar Yoga Institute; John Schumacher’s Unity Woods Yoga Center; Yoga Tree; The Healing Company; and Quantum Touch Inc.
The complementary and alternative medicine market in many regions is driven by government efforts to boost the usage of medicine. Whereas, paucity of approved clinical support act as hurdle in the growth because regulatory bodies from developed regions limits the usage of these medicines and therapies.
In order to serve a wider overview of the top players in the complementary and alternative medicine market, the report presents company market share analysis. Furthermore, the key strategic developments of the market including acquisitions & mergers, new product launch, agreements, partnerships, collaborations & joint ventures, research & development, regional expansion of major participants involved in the complementary and alternative medicine market on global and regional basis are included in the report.
Complementary and alternative medicines (CAM) include those medical practices and products which are normally not part of typical medical care. Complementary medicine means those treatments that are not contemplated as standard treatments but are used in addition with standard or typical medical treatments. Alternative medicine refers to the medicines that are used as alternative to standard practice/medicine. An ample range of nutritional and botanicals products such as vitamins, herbal supplements, dietary supplements etc are included in CAM therapies.
Complementary And Alternative Medicine Market Key Segments:
Intervention Outlook (Revenue, USD Billion, 2019- 2027)
• Botanicals
• Ayurveda
• Naturopathy
• Homeopathy
• Acupuncture
• Mind, Body, and Yoga
• Yoga
• Meditation
• Energy Healing
• Chakra Healing
• Hypnotherapy
• Magnetic Intervention
Distribution Method Outlook (Revenue, USD Billion, 2019- 2027)
• Direct Contact
• E-training
• Distance Correspondence
Regional Outlook (Revenue, USD Billion, 2019–2027)
• North America
• U.S.
• Canada
• Europe
• Austria
• Belgium
• Denmark
• France
• Germany
• Ireland
• Norway
• Netherlands
• Spain
• Sweden
• Switzerland
• U.K.
• Asia Pacific
• Australia
• China
• Hong Kong
• India
• Japan
• New Zealand
• Singapore
• Latin America
• Argentina
• Brazil
• Mexico
• MEA
• Israel
• South Africa
• UAE
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