DUBLIN--(BUSINESS WIRE)--The "Complementary and Alternative Medicine Market Size, Share & Trends Analysis Report By Intervention (Botanical, Acupuncture, Mind, Body, Yoga), By Distribution (Direct Contact, E-training), And Segment Forecasts, 2019 - 2026" report has been added to ResearchAndMarkets.com's offering.
The global complementary and alternative medicine market size is expected to generate a revenue of USD 210.81 billion by 2026 and is projected to expand at a CAGR of 17.07% during the forecast period.
Factors such as the increasing adoption and usage of natural supplements/wellness medicine coupled with government initiatives to promote adoption of the therapy is expected to create revenue generation avenues.
Complementary and alternative forms of therapy are used in the treatment of chronic ailments, long-term pain among others and are also used for additional vitamins and other dietary supplementation of regular diet. Moreover, with considerable increase in the costs of conventional medicine and inclination towards body wellness rather than pharmaceutical cure is likely to boost the market over the forecast period.
Approximately two third population of most of the developed and developing countries has reported using one or the other form of alternative or complementary medicine. Certain countries are moving towards legalization of some alternative medicine and therapies backed with approved clinical data.
Further key findings from the report suggest:
- The market is driven by high adoption of herbal dietary supplements and other wellness therapies like yoga, and acupuncture
- Botanical has become the most prominent form of alternative medicine as the segment was observed to hold the largest market share in terms of revenue 2018
- Europe and Asia Pacific in combination are anticipated to hold a major market share in terms of revenue over the forecast period
-
Developing regions such as Latin America and Middle East Africa are
set to witness considerable growth in demand over the forecast period
driven by high cost of conventional medicine and lack of their
availability in certain countries
Key Topics Covered:
Chapter 1 Research Methodology
Chapter 2 Executive Summary
Chapter 3 Industry Outlook
3.1 Market Lineage Outlook
3.2 Penetration & Growth Prospects Mapping
3.3 User Perspective Analysis
3.3.1 Consumer behaviour analysis
3.3.2 Market influencer analysis
3.4 Regulatory Framework
3.4.1 Reimbursement framework
3.4.2 Standards & compliance
3.4.3 Safety
3.5 Complementary and Alternative Medicine - Market Dynamics
3.5.1 Market Driver Analysis
3.5.1.1 Growing awareness of wellness medicine
3.5.1.2 Integration of technological advancements
3.5.1.3 Government Initiatives
3.5.2 Market Restrain Analysis
3.5.2.1 Lack of scientific results
3.5.2.2 Poor understanding of alternative medicine
3.5.3 Industry Challenges
3.5.3.1 Scientific acceptance
3.5.3.2 Lack of technology assistance
3.6 Complementary and Alternative Medicine Market Analysis Tools
3.6.1 Industry analysis - Porter's
3.6.2 PESTEL analysis
3.6.3 Major deals & strategic alliances analysis
3.6.4 Market entry strategies
3.6.5 Case studies (Business Model)
Chapter 4 Complementary and Alternative Medicine Market - Competitive Analysis
4.1. Recent developments & impact analysis, by key market participants
4.2. Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
4.3. Vendor Landscape
4.4. Private Companies
Chapter 5 Complementary and Alternative Medicine Market: Estimates & Trend Analysis
5.1 Definitions & Scope
5.2 Intervention Outlook Share Analysis, 2018 & 2026
5.3 Segment Dashboard
5.4 Global Complementary and Alternative Medicine Market, by Intervention, 2014 to 2026
5.4.1 Botanicals
5.4.1.1 Botanicals market revenue estimates and forecasts, 2014 - 2026 (USD Million)
5.4.1.2 Botanicals market revenue estimates and forecasts, by distribution methods, 2014 - 2026 (USD Million)
5.4.1.3 Ayurveda
5.4.1.4 Naturopathy
5.4.1.5 Homeopathy
5.4.2 Acupuncture
5.4.3 Mind, Body and Yoga
5.4.3.1 Mind, body & yoga market revenue estimates and forecasts, 2014 - 2026 (USD Million)
5.4.3.2 Mind, body & yoga market revenue estimates and forecasts, by distribution methods, 2014 - 2026 (USD Million)
5.4.3.3 Yoga
5.4.3.4 Meditation
5.4.3.5 Energy Healing
5.4.3.6 Chakra Healing
5.4.3.7 Hypnotherapy
5.4.4 Magnetic Intervention
Chapter 6 Complementary and Alternative Medicine Market: Estimates & Trend Analysis
6.1 Definitions & Scope
6.2 Intervention Outlook Share Analysis, 2018 & 2026
6.3 Segment Dashboard
6.4 Alternative Medicine Market, by Distribution Method, 2014 to 2026
6.4.1 Direct sales
6.4.2 E-distribution
6.4.3 Distance Correspondence
Chapter 7 Complementary and Alternative Medicine: Regional Estimates & Trend analysis, by Intervention & Distribution Method
7.1 Regional Market Snapshot
7.2 Regional Market Share and Leading Players, 2018
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa
7.3. Market Share by Country, 2018
7.4 SWOT Analysis, by Factor (Political & Legal, Economic And Technological)
Chapter 8 Company Profiles
- Columbia Nutritional
- Herb Pharm
- Herbal Hills
- Ramamani Iyengar Memorial Yoga Institute
- John Schumacher Unity Woods Yoga Centre
- Yoga Tree Studios, Inc.
- Helio USA, Inc.
- NatureKue
- Nordic Nutraceuticals
- Pure encapsulations, LLC.
- The Healing Company Ltd.
- Quantum-Touch
- BIOTAILOR
- Bikram Yoga
- True Yoga
- Amrita Ayurveda & Yoga
- AYUSH Ayurvedic Pte Ltd
- Sheng Chang Pharmaceutical Company
- LKK Health Products Group (Infinitus)
- Body & Soul Yoga Club
- Namat Fitness Management (Shanghai) Co., Ltd. (Y+)
- Beifang Herbs Supplier Pte Ltd.
- ALCES LLP
For more information about this report visit https://www.researchandmarkets.com/r/qsz7yi
