the complementary and alternative medicine market was valued at USD 100.04 billion in 2021 and is expected to reach USD 477.29 billion by 2029, registering a CAGR of 21.57% during the forecast period of 2022 to 2029.
Global Complementary and Alternative Medicine Market: Key Players, Trends, and Growth Drivers
Complementary and Alternative Medicine Market – Industry Trends and forecast period of 2022 to 2029.
- Complementary and Alternative Medicine Market In recent years, the complementary and alternative medicine market is anticipated to grow rapidly during the forecast period. Approximately two-thirds of the population in most industrialized and developing nations has reported using alternative or complementary medicine. Several countries are moving toward the legalisation of alternative medicine and therapies that are substantiated by clinical evidence. Complementary and alternative therapies are utilized to treat chronic illnesses, long-term discomfort, and supplementary vitamins and food supplementation in addition to a conventional diet.
- Data Bridge Market Research analyses that the complementary and alternative medicine market was valued at USD 100.04 billion in 2021 and is expected to reach USD 477.29 billion by 2029, registering a CAGR of 21.57% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
- Information and data provided through the top-notch Complementary and Alternative Medicine Market can be very crucial when it comes to dominating the market or creating a mark in the market as a new emergent. Furthermore, this market research report forecasts the size of the market with information on key vendor revenues, development of the industry by upstream & downstream, industry progress, key companies, along with type segment & market application. It also encompasses analysis, estimation, and discussion of important industry trends, market size, and market share. Complementary and Alternative Medicine Market report offers the best professional in-depth study on the current state for the Agriculture And Animal Feed .
Complementary and Alternative Medicine Market Definition
Medical products and practices that are not considered a part of traditional or mainstream medical therapy are referred to as complementary and alternative medicine (CAM). It combines self-administered items and activities, including homoeopathic remedies, herbal medications, dietary supplements, yoga, chiropractic, acupuncture, and massage therapy. Manipulative and body-based therapies, biofield therapy, and entire medical systems are all included.
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- Complementary and Alternative Medicine Market Scope and Market Size
- Forecast Period 2022 to 2029
- Base Year 2021
- Historic Years 2020 (Customizable to 2019 - 2014)
- Quantitative Units Revenue in USD Billion, Volumes in Units, Pricing in USD
- Segments Covered Type (Alternative Medical Systems, Mind-Body Interventions, Biologically Based Therapies, Manipulative and Body-Based Methods, Energy Therapies, Others), Disease Indication (Arthritis, Asthma, Cancer, Diabetes, Cardiology, Neurology, Others), End-Users (Hospitals, Specialty Clinics, Therapy Centers, Others), Distribution Channel (Hospitals, Special Clinics/Centers, Direct Contact, E-Training, Others)
Variable Rate Precision Farming Market - Regional Analysis & Insights
- This complementary and alternative medicine market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the complementary and alternative medicine market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Complementary and Alternative Medicine Market Industry Country Level Analysis
- The countries covered in the Complementary and alternative medicine market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
- North America dominates the complementary and alternative medicine market because of the growing population with serious disorders and rising healthcare expenditure, which will further propel the market’s growth rate in this region. Additionally, growing presence of skilled professionals will further influence the market’s growth rate in this region
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Complementary and Alternative Medicine Market Share Analysis and Some major players
- Some of the major players operating in the complementary and alternative medicine market are:
- Nordic Naturals (US)
- Nature’s Bounty (US)
- Unity Woods Yoga Center (US)
- Columbia Nutritional (US)
- First Natural Brands Ltd. (UK)
- Ayush Ayurveda (India)
- Pure Encapsulations, LLC. (US)
- Quantum-Touch (US)
- Herb Pharm, LLC (US)
- Helio USA Inc. (US)
- Nestlé S.A. (Switzerland)
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Complementary and Alternative Medicine Market
- Chapter One: Introduction
- Chapter Two: Market Segmentation
- Chapter Three: Market Overview
- Chapter Four: Executive Summary
- Chapter Five: Premium Insights
- Chapter Six: Complementary and Alternative Medicine Market
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