Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 139.47 Billion | USD 371.49 Billion | 11.50% | 2023 |
List of Figures
FIG. 1 Research Methodology
FIG. 2 Research Methodology – Basic Overview
FIG. 3 Research Methodology – Detailed View
FIG. 4 Global Alternative Medicines and Therapy Market Revenue, 2024 - 2032 (USD Billion)
FIG. 5 Porter’s Five Forces Analysis for Global Alternative Medicines and Therapy Market
FIG. 6 Global Alternative Medicines and Therapy Market Attractiveness, By Modality
FIG. 7 Global Alternative Medicines and Therapy Market Attractiveness, By Type
FIG. 8 Global Alternative Medicines and Therapy Market Attractiveness, By End-User
FIG. 9 Company Share Analysis, 2024
FIG. 10 Global Alternative Medicines and Therapy Market Revenue Share, by Modality, 2024 & 2032
FIG. 11 Global Alternative Medicines and Therapy Market for Homeopathic Medicine, Revenue (USD Billion) 2024 - 2032
FIG. 12 Global Alternative Medicines and Therapy Market for Acupuncture, Revenue (USD Billion) 2024 - 2032
FIG. 13 Global Alternative Medicines and Therapy Market for Naturopathy, Revenue (USD Billion) 2024 - 2032
FIG. 14 Global Alternative Medicines and Therapy Market for Ayurvedic Medicines, Revenue (USD Billion) 2024 - 2032
FIG. 15 Global Alternative Medicines and Therapy Market for Oriental Chinese Medications, Revenue (USD Billion) 2024 - 2032
FIG. 16 Global Alternative Medicines and Therapy Market for The Medicines Created Using Herbs, Revenue (USD Billion) 2024 - 2032
FIG. 17 Global Alternative Medicines and Therapy Market Revenue Share, by Type, 2024 & 2032
FIG. 18 Global Alternative Medicines and Therapy Market for Mud Therapy, Revenue (USD Billion) 2024 - 2032
FIG. 19 Global Alternative Medicines and Therapy Market for Reiki, Revenue (USD Billion) 2024 - 2032
FIG. 20 Global Alternative Medicines and Therapy Market for Oil Massage Therapy, Revenue (USD Billion) 2024 - 2032
FIG. 21 Global Alternative Medicines and Therapy Market for Magnetic Therapy, Revenue (USD Billion) 2024 - 2032
FIG. 22 Global Alternative Medicines and Therapy Market for Some Breathing Exercises, Revenue (USD Billion) 2024 - 2032
FIG. 23 Global Alternative Medicines and Therapy Market for Meditation, Revenue (USD Billion) 2024 - 2032
FIG. 24 Global Alternative Medicines and Therapy Market for Yoga, Revenue (USD Billion) 2024 - 2032
FIG. 25 Global Alternative Medicines and Therapy Market for Osteopathic Manipulation, Revenue (USD Billion) 2024 - 2032
FIG. 26 Global Alternative Medicines and Therapy Market Revenue Share, by Region, 2024 & 2032
FIG. 27 North America Alternative Medicines and Therapy Market Revenue, 2024 - 2032 (USD Billion)
FIG. 28 Europe Alternative Medicines and Therapy Market Revenue, 2024 - 2032 (USD Billion)
FIG. 29 Asia Pacific Alternative Medicines and Therapy Market Revenue, 2024 - 2032 (USD Billion)
FIG. 30 Latin America Alternative Medicines and Therapy Market Revenue, 2024 - 2032 (USD Billion)
FIG. 31 The Middle-East and Africa Alternative Medicines and Therapy Market Revenue, 2024 - 2032 (USD Billion)
FIG. 32 Arya Vaidya Pharmacy Business Segment Revenue Share, 2024 (%)
FIG. 33 Arya Vaidya Pharmacy Geographical Segment Revenue Share, 2024 (%)
List of Tables
TABLE 1 Global Alternative Medicines and Therapy Market: Snapshot
TABLE 2 Drivers of the Alternative Medicines and Therapy Market: Impact Analysis
TABLE 3 Restraints for the Alternative Medicines and Therapy Market: Impact Analysis
TABLE 4 Global Alternative Medicines and Therapy Market Revenue, by Region, 2024 – 2032 (USD Billion)
TABLE 5 North America Alternative Medicines and Therapy Market Revenue, by Country, 2024 – 2032 (USD Billion)
TABLE 6 North America Alternative Medicines and Therapy Market Revenue, by Modality, 2024 – 2032 (USD Billion)
TABLE 7 North America Alternative Medicines and Therapy Market Revenue, by Type, 2024 – 2032 (USD Billion)
TABLE 8 Europe Alternative Medicines and Therapy Market Revenue, by Country, 2024 – 2032 (USD Billion)
TABLE 9 Europe Alternative Medicines and Therapy Market Revenue, by Modality, 2024 – 2032 (USD Billion)
TABLE 10 Europe Alternative Medicines and Therapy Market Revenue, by Type, 2024 – 2032 (USD Billion)
TABLE 11 Asia Pacific Alternative Medicines and Therapy Market Revenue, by Country, 2024 – 2032 (USD Billion)
TABLE 12 Asia Pacific Alternative Medicines and Therapy Market Revenue, by Modality, 2024 – 2032 (USD Billion)
TABLE 13 Asia Pacific Alternative Medicines and Therapy Market Revenue, by Type, 2024 – 2032 (USD Billion)
TABLE 14 Latin America Alternative Medicines and Therapy Market Revenue, by Country, 2024 – 2032 (USD Billion)
TABLE 15 Latin America Alternative Medicines and Therapy Market Revenue, by Modality, 2024 – 2032 (USD Billion)
TABLE 16 Latin America Alternative Medicines and Therapy Market Revenue, by Type, 2024 – 2032 (USD Billion)
TABLE 17 The Middle-East and Africa Alternative Medicines and Therapy Market Revenue, by Country, 2024 – 2032 (USD Billion)
TABLE 18 The Middle-East and Africa Alternative Medicines and Therapy Market Revenue, by Modality, 2024 – 2032 (USD Billion)
TABLE 19 The Middle-East and Africa Alternative Medicines and Therapy Market Revenue, by Type, 2024 – 2032 (USD Billion)
FrequentlyAsked Questions
Alternative medicines and therapies (CAM) are a broad range of practices that fall outside of conventional (mainstream) medicine. These practices aim to treat or prevent health conditions and promote overall well-being. Some common examples include acupuncture, herbal medicine, massage therapy, and yoga. It's important to note that the effectiveness of alternative therapies can vary widely, and some may have limited scientific evidence to support their claims.
According to a study, the global alternative medicines and therapy market size was worth around USD 139.47 billion in 2023 and is expected to reach USD 371.49 billion by 2032.
The global alternative medicines and therapy market is expected to grow at a CAGR of 11.50% during the forecast period.
North America is expected to dominate the alternative medicines and therapy market over the forecast period.
Leading players in the global alternative medicines and therapy market include Arya Vaidya Pharmacy, Weleda Ltd., Cipla Ltd., Sante Verte Ltd., Sandoz International GmbH, Biocon Ltd., Wright Health Group Ltd., Dr. Reddy’s Laboratories Ltd., Mediral International, Allen Laboratories Ltd., and King Bio Pharmaceuticals, among others.
The alternative medicines and therapy market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
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