Alternative Medicines and Therapy Market Demand, Size, Share & Forecast 2032

Alternative Medicines and Therapy Market

Alternative Medicines and Therapy Market - By Modality (Homeopathic Medicine, Acupuncture, Naturopathy, Ayurvedic Medicines, Oriental Chinese Medications, and The Medicines Created Using Herbs), By Type (Mud Therapy, Reiki, Oil Massage Therapy, Magnetic Therapy, Breathing Exercises, Meditation, Yoga, and Osteopathic Manipulation), and By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 - 2032

Category: Healthcare Report Format : PDF Pages: 245 Report Code: ZMR-243 Published Date: May-2024 Status : Published
Market Size in 2023 Market Forecast in 2032 CAGR (in %) Base Year
USD 139.47 Billion USD 371.49 Billion 11.50% 2023

Alternative Medicines and Therapy Market

Table Of Content

  • Chapter 1.Preface
    • 1.1.Report Description
    • 1.2.Report Scope
  • Chapter 2.Research Methodology
    • 2.1.Research Methodology
    • 2.2.Secondary Research
    • 2.3.Primary Research
    • 2.4.Models
      • 2.4.1.Company Share Analysis Model
      • 2.4.2.Revenue Based Modeling
    • 2.5.Research Limitations
  • Chapter 3.Executive Summary
    • 3.1.Global Alternative Medicines and Therapy Market, 2024 – 2032 (USD Billion)
    • 3.2.Global Alternative Medicines and Therapy Market: Snapshot
  • Chapter 4.Alternative Medicines and Therapy Market – Industry Analysis
    • 4.1.Introduction
    • 4.2.Market Drivers
      • 4.2.1.Driving Factor 1 Analysis
      • 4.2.2.Driving Factor 2 Analysis:
    • 4.3.Market Restraints
      • 4.3.1.Restraining Factor Analysis
    • 4.4.Market Opportunities
      • 4.4.1.Market Opportunity & Use-case Anaysis
      • 4.4.2.Use – Cases for Alternative Medicines and Therapy
    • 4.5.Porter’s Five Forces Analysis
    • 4.6.COVID 19 Impact Analysis
      • 4.6.1.1.Impact on Product Development and Technology Adoption
      • 4.6.1.2.Gap Analysis
  • Chapter 5.Investment Proposition Analysis
    • 5.1.Global Alternative Medicines and Therapy Market Attractiveness, By Modality
    • 5.2.Global Alternative Medicines and Therapy Market Attractiveness, By Type
    • 5.3.Global Alternative Medicines and Therapy Market Attractiveness, By Region
  • Chapter 6.Competitive Landscape
    • 6.1.Company Market Share Analysis - 2024
      • 6.1.1.Global Alternative Medicines and Therapy Market: Company Market Share, 2024
    • 6.2.Strategic Developments
  • Chapter 7.Alternative Medicines and Therapy Market – Modality Segment Analysis
    • 7.1.Global Alternative Medicines and Therapy Market Overview: by Modality
      • 7.1.1.Global Alternative Medicines and Therapy Market Revenue Share, by Modality, 2024 & 2032
    • 7.2.Global Alternative Medicines and Therapy Market Analysis/Overview – By Modality
      • 7.2.1.Homeopathic Medicine – Overview/Analysis
      • 7.2.2.Acupuncture – Overview/Analysis
      • 7.2.3.Naturopathy – Overview/Analysis
      • 7.2.4.Ayurvedic Medicines – Overview/Analysis
      • 7.2.5.Oriental Chinese Medications – Overview/Analysis
      • 7.2.6.The Medicines Created Using Herbs – Overview/Analysis
    • 7.3.Homeopathic Medicine
      • 7.3.1.Global Alternative Medicines and Therapy Market for Homeopathic Medicine, Revenue (USD Billion) 2024 - 2032
    • 7.4.Acupuncture
      • 7.4.1.Global Alternative Medicines and Therapy Market for Acupuncture, Revenue (USD Billion) 2024 - 2032
    • 7.5.Naturopathy
      • 7.5.1.Global Alternative Medicines and Therapy Market for Naturopathy, Revenue (USD Billion) 2024 - 2032
    • 7.6.Ayurvedic Medicines
      • 7.6.1.Global Alternative Medicines and Therapy Market for Ayurvedic Medicines, Revenue (USD Billion) 2024 - 2032
    • 7.7.Oriental Chinese Medications
      • 7.7.1.Global Alternative Medicines and Therapy Market for Oriental Chinese Medications, Revenue (USD Billion) 2024 - 2032
    • 7.8.The Medicines Created Using Herbs
      • 7.8.1.Global Alternative Medicines and Therapy Market for The Medicines Created Using Herbs, Revenue (USD Billion) 2024 - 2032
  • Chapter 8.Alternative Medicines and Therapy Market – Type Segment Analysis
    • 8.1.Global Alternative Medicines and Therapy Market Overview: by Type
      • 8.1.1.Global Alternative Medicines and Therapy Market Revenue Share, by Type, 2024 & 2032
    • 8.2.Global Alternative Medicines and Therapy Market Analysis/Overview – By Type
      • 8.2.1.Mud Therapy – Overview/Analysis
      • 8.2.2.Reiki – Overview/Analysis
      • 8.2.3.Oil Massage Therapy – Overview/Analysis
      • 8.2.4.Magnetic Therapy – Overview/Analysis
      • 8.2.5.Some Breathing Exercises – Overview/Analysis
      • 8.2.6.Meditation – Overview/Analysis
      • 8.2.7.Yoga – Overview/Analysis
      • 8.2.8.Osteopathic Manipulation – Overview/Analysis
    • 8.3.Mud Therapy
      • 8.3.1.Global Alternative Medicines and Therapy Market for Mud Therapy, Revenue (USD Billion) 2024 - 2032
    • 8.4.Reiki
      • 8.4.1.Global Alternative Medicines and Therapy Market for Reiki, Revenue (USD Billion) 2024 - 2032
    • 8.5.Oil Massage Therapy
      • 8.5.1.Global Alternative Medicines and Therapy Market for Oil Massage Therapy, Revenue (USD Billion) 2024 - 2032
    • 8.6.Magnetic Therapy
      • 8.6.1.Global Alternative Medicines and Therapy Market for Magnetic Therapy, Revenue (USD Billion) 2024 - 2032
    • 8.7.Some Breathing Exercises
      • 8.7.1.Global Alternative Medicines and Therapy Market for Some Breathing Exercises, Revenue (USD Billion) 2024 - 2032
    • 8.8.Meditation
      • 8.8.1.Global Alternative Medicines and Therapy Market for Meditation, Revenue (USD Billion) 2024 - 2032
    • 8.9.Yoga
      • 8.9.1.Global Alternative Medicines and Therapy Market for Yoga, Revenue (USD Billion) 2024 - 2032
    • 8.1.Osteopathic Manipulation
      • 8.10.1.Global Alternative Medicines and Therapy Market for Osteopathic Manipulation, Revenue (USD Billion) 2024 - 2032
  • Chapter 9.Alternative Medicines and Therapy Market – Regional Analysis
    • 9.1.Global Alternative Medicines and Therapy Market: Regional Overview
      • 9.1.1.Global Alternative Medicines and Therapy Market Revenue Share, by Region, 2024 & 2032
      • 9.1.2.Global Alternative Medicines and Therapy Market Revenue, by Region, 2024 – 2032 (USD Billion)
    • 9.2.North America
      • 9.2.1.North America Alternative Medicines and Therapy Market Revenue, 2024 - 2032 (USD Billion)
      • 9.2.2.North America Alternative Medicines and Therapy Market Revenue, by Country, 2024 – 2032 (USD Billion)
      • 9.2.3.North America Alternative Medicines and Therapy Market Revenue, by Modality, 2024 – 2032
      • 9.2.4.North America Alternative Medicines and Therapy Market Revenue, by Type, 2024 – 2032
      • 9.2.5. U.S.
      • 9.2.6.Canada
    • 9.3.Europe
      • 9.3.1.Europe Alternative Medicines and Therapy Market Revenue, 2024 - 2032 (USD Billion)
      • 9.3.2.Europe Alternative Medicines and Therapy Market Revenue, by Country, 2024 – 2032 (USD Billion)
      • 9.3.3.Europe Alternative Medicines and Therapy Market Revenue, by Modality, 2024 – 2032
      • 9.3.4.Europe Alternative Medicines and Therapy Market Revenue, by Type, 2024 – 2032
      • 9.3.5.Germany
      • 9.3.6.France
      • 9.3.7. U.K.
      • 9.3.8.Italy
      • 9.3.9.Spain
      • 9.3.10.Rest of Europe
    • 9.4.Asia Pacific
      • 9.4.1.Asia Pacific Alternative Medicines and Therapy Market Revenue, 2024 - 2032 (USD Billion)
      • 9.4.2.Asia Pacific Alternative Medicines and Therapy Market Revenue, by Country, 2024 – 2032 (USD Billion)
      • 9.4.3.Asia Pacific Alternative Medicines and Therapy Market Revenue, by Modality, 2024 – 2032
      • 9.4.4.Asia Pacific Alternative Medicines and Therapy Market Revenue, by Type, 2024 – 2032
      • 9.4.5.China
      • 9.4.6.Japan
      • 9.4.7.India
      • 9.4.8.South Korea
      • 9.4.9.South-East Asia
      • 9.4.10.Rest of Asia Pacific
    • 9.5.Latin America
      • 9.5.1.Latin America Alternative Medicines and Therapy Market Revenue, 2024 - 2032 (USD Billion)
      • 9.5.2.Latin America Alternative Medicines and Therapy Market Revenue, by Country, 2024 – 2032 (USD Billion)
      • 9.5.3.Latin America Alternative Medicines and Therapy Market Revenue, by Modality, 2024 – 2032
      • 9.5.4.Latin America Alternative Medicines and Therapy Market Revenue, by Type, 2024 – 2032
      • 9.5.5.Brazil
      • 9.5.6.Mexico
      • 9.5.7.Rest of Latin America
    • 9.6.The Middle-East and Africa
      • 9.6.1.The Middle-East and Africa Alternative Medicines and Therapy Market Revenue, 2024 - 2032 (USD Billion)
      • 9.6.2.The Middle-East and Africa Alternative Medicines and Therapy Market Revenue, by Country, 2024 – 2032 (USD Billion)
      • 9.6.3.The Middle-East and Africa Alternative Medicines and Therapy Market Revenue, by Modality, 2024 – 2032
      • 9.6.4.The Middle-East and Africa Alternative Medicines and Therapy Market Revenue, by Type, 2024 – 2032
      • 9.6.5.GCC Countries
      • 9.6.6.South Africa
      • 9.6.7.Rest of Middle-East Africa
  • Chapter 10.Company Profiles
    • 10.1.Arya Vaidya Pharmacy
      • 10.1.1.Company Overview
      • 10.1.2.Financial Overview
      • 10.1.3.Product Portfolio
      • 10.1.4.Business Strategy
      • 10.1.5.Recent Developments
    • 10.2.Weleda Ltd.
    • 10.3.Cipla Ltd.
    • 10.4.Sante Verte Ltd.
    • 10.5.Sandoz International GmbH
    • 10.6.Biocon Ltd.
    • 10.7.Wright Health Group Ltd.
    • 10.8.Dr. Reddy’s Laboratories Ltd.
    • 10.9.Allen Laboratories Ltd.
    • 10.1.King Bio Pharmaceuticals

Table Of Figures

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 (%)


Table Of Tables

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)


 

Methodology

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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