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Complementary and Alternative Medicine Market Size, Share & Trends Analysis Report by Intervention (Magnetic Intervention, Energy Healing), by Distribution Method (E-Sales, Direct Sales), by Region, and Segment Forecasts, 2020 - 2027

  • ID: 4751788
  • Report
  • March 2020
  • Region: Global
  • 200 pages
  • Grand View Research
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FEATURED COMPANIES

  • Atkins Health Center
  • BIOTAILOR
  • Helio USA Inc.
  • lifemark.ca
  • Pure Encapsulations, LLC.
  • triyoga
  • MORE
The global complementary and alternative medicine market size is projected to reach USD 296.3 billion by 2027, exhibiting a CAGR of 19.9%. A comparatively high demand for alternative medicine across developing countries and expanding applications of traditional medicine practiced in Asia are two key driving factors of the market. China and India are the key contributors to the Asia Pacific region and thus are offering significant momentum to the revenue generation by complementary and alternative treatment through the study period.

In addition, increase in the number of licensed and trained physicians who can offer state-of-the-art complementary therapies is set to boost patient preference toward traditional medicine. It is becoming integral in the healthcare system in Asia, especially in China wherein most of the hospitals in the country have distinct departments and wards that are dedicated to traditional therapeutic approaches.

Moreover, in terms of research, CAM has reached a remunerative stage. This can be attributed to the rising pool of scientists working at established universities across U.S., Europe, and Asia Pacific who are focusing on building a robust foundation for the alternative treatment targeted toward Parkinson’s disease, cancer, and diabetes.

Further key findings from the report suggest:
  • Botanicals are the most ancient form of alternative treatment practices, which include herbal and natural treatment supplements along with another natural form of treatments incorporating oils, herbs, and other curative supplements
  • The botanicals intervention segment dominated the global market throughout the study period, whereas magnetic intervention is expected to grow at the fastest rate from 2020 to 2027
  • Mind and body healing oriented traditional medicines are some of the most frequently adopted forms of alternate therapies worldwide. Mind and body intervention incorporates various forms of energy and mind exercises to heal ailments
  • Yoga has dominated the global complementary and alternative medicine market throughout the study period, whereas hypnotherapy is projected to witness the highest growth rate over the forecast period
  • Europe is anticipated to witness highest market share over the forecast period. Rising preference for alternative treatment approaches among patients will drive the regional market for complementary and alternative medicine.
  • Key industry participants include Nordic Nutraceuticals, Pure encapsulations, LLC, AYUSH Ayurvedic Pte Ltd, and Sheng Chang Pharmaceutical Company
  • Companies are inclined toward strategic partnerships to establish their presence in the market, for instance, in June 2019, AstraZeneca partnered with Luye Pharma Group to market a herbal therapy
  • The herbal medicine product is developed from red yeast rice and is formulated to assist patients suffering from cholesterol. With this partnership, AstraZeneca is set to expand its business across China.

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2 of 3

FEATURED COMPANIES

  • Atkins Health Center
  • BIOTAILOR
  • Helio USA Inc.
  • lifemark.ca
  • Pure Encapsulations, LLC.
  • triyoga
  • MORE
Chapter 1 Research Methodology
1.1 Information Procurement
1.1.1 Primary Research: Questionnaire
1.1.1.1 Key market participants/ in-house industry experts
1.1.1.2 Key end-users
1.2 Information or Data Analysis
1.3 Market Scope & Segment Definition
1.3.1 By intervention
1.3.1.1 Botanicals
1.3.1.2 Mind/body healing
1.3.1.3 Acupuncture
1.3.1.4 Magnetic interventions
1.3.2 By distribution method
1.3.2.1 Direct
1.3.2.2 E-sales
1.3.2.3 Distance correspondance
1.4 Market Analysis
1.4.1 Service landscape
1.4.1.1 Types of service providers
1.4.1.1.1 Key facts about chiropractors & other CAM providers in the U.S.
1.4.1.2 Number of registered practitioners
1.4.1.3 Regulatory framework study
1.4.1.4 Service mapping, by region

Chapter 2 Executive Summary
2.1 Market Outlook
2.2 Segment Outlook
2.3 Competitive Insights

Chapter 3 Complementary and Alternative Medicine Market Variables, Trends & Scope
3.1 Market Lineage Outlook
3.2 Penetration & Growth Prospect Mapping, By Intervention, 2019
3.3 User Perspective Analysis
3.3.1 Consumer behavior analysis
3.3.2 Market influencer analysis
3.4 Regulatory Framework
3.4.1 Reimbursement framework
3.5 Market Dynamics
3.5.1 Market driver analysis
3.5.1.1 Growing awareness of wellness medicine
3.5.1.2 Growing recognition and coverage
3.5.1.3 Government initiatives and changing regulatory status
3.5.1.4 Demographic changes drive demand
3.5.2 Market restraint analysis
3.5.2.1 Lack of scientific results
3.5.2.2 Challenges associated with integration
3.5.3 Market opportunity analysis
3.5.3.1 Opioid addiction crisis drives demand for alternative therapies
3.5.3.2 New research studies supporting use of CAM care in back treatment
3.5.3.3 Growing use of internet & social media platforms
3.5.3.4 Transition in physician's attitude
3.5.3.5 Incorporation of CAM in the healthcare system of developing economies
3.5.4 Industry challenges analysis
3.5.4.1 Presence of established conventional treatment options
3.5.4.2 Less number of training programs in developing regions Less number of training programs in developing regions
3.6 Complementary and Alternative Medicine: Market Analysis Tools
3.6.1 Industry analysis - Porter’s
3.6.1.1 Supplier powers
3.6.1.2 Buyer powers
3.6.1.3 Threat of subsitution
3.6.1.4 Threat of new entrants
3.6.1.5 Competive rivalry
3.6.2 PESTEL analysis
3.6.2.1 Political landscape
3.6.2.2 Economic landscape
3.6.2.3 Social landscape
3.6.2.4 Technology landscape
3.6.2.5 Environmental landscape
3.6.2.6 Legal landscape
3.6.3 Major deals & strategic alliances analysis
3.6.3.1 Joint ventures
3.6.3.2 Mergers & acquisitions
3.6.3.3 Collaborations & partnership
3.6.4 Market entry strategies

Chapter 4 Complementary and Alternative Medicine Market: Competitive Analysis
4.1 Recent Developments & Impact Analysis, by Key Market Participants
4.2 Competition Categorization
4.3 Vendor Landscape
4.3.1 List of key distributors and channel partners
4.4 Private Companies
4.4.1 List of key emerging companies/innovators
4.4.2 Funding outlook
4.4.3 Company market position analysis

Chapter 5 Complementary and Alternative Medicine Market: Intervention Estimates & Trend Analysis
5.1 Complementary and Alternative Medicine Market: Intervention Movement Analysis
5.2 Botanicals
5.2.1 Botanicals complementary and alternative medicine market, 2016 - 2027 (USD Billion)
5.2.2 Ayurveda
5.2.2.1 Ayurveda complementary and alternative medicine market, 2016 - 2027 (USD Billion)
5.2.3 Naturopathy
5.2.3.1 Naturopathy complementary and alternative medicine market, 2016 - 2027 (USD Billion)
5.2.4 Homeopathy
5.2.4.1 Homeopathy complementary and alternative medicine market, 2016 - 2027 (USD Billion)
5.3 Mind & Body Healing
5.3.1 Mind & body healing complementary and alternative medicine market, 2016 - 2027 (USD Billion)
5.3.2 Yoga
5.3.2.1 Yoga complementary and alternative medicine market, 2016 - 2027 (USD Billion)
5.3.3 Meditation
5.3.3.1 Meditation complementary and alternative medicine market, 2016 - 2027 (USD Billion)
5.3.4 Energy healing
5.3.4.1 Energy healing complementary and alternative medicine market, 2016 - 2027 (USD Billion)
5.3.4.2 Eden energy medicine
5.3.4.2.1 Eden energy complementary and alternative medicine market, 2016 - 2027 (USD Billion)
5.3.4.3 Other energy healing medicine
5.3.4.3.1 Other energy healing complementary and alternative medicine market, 2016 - 2027 (USD Billion)
5.3.5 Chakra healing
5.3.5.1 Chakra healing complementary and alternative medicine market, 2016 - 2027 (USD Billion)
5.3.6 Hypnotherapy
5.3.6.1 Hypnotherapy complementary and alternative medicine market, 2016 - 2027 (USD Billion)
5.3.7 Kinesiology
5.3.7.1 Kinesiology complementary and alternative medicine market, 2016 - 2027 (USD Billion)
5.4 Magnetic Intervention
5.4.1 Magnetic intervention complementary and alternative medicine, 2016 - 2027 (USD Billion)
5.4.2 Magnetic resonance therapy
5.4.2.1 Magnetic resonance therapy complementary and alternative medicine market, 2016 - 2027 (USD Billion)
5.4.3 Bio-magnetic therapy
5.4.3.1 Bio-magnetic therapy complementary and alternative medicine market, 2016 - 2027 (USD Billion)
5.5 Accupunture
5.5.1 Acupuncture complementary and alternative medicine, 2016 - 2027 (USD Billion)

Chapter 6 Complementary and Alternative Medicine Market: Distribution Method Estimates & Trend Analysis
6.1 Complementary and Alternative Medicine Market: Distribution Method Movement Analysis
6.2 Direct Sales
6.2.1 Direct sales-based complementary and alternative medicine market, 2016 - 2027 (USD Billion)
6.3 E-sales
6.3.1 E-sales-based complementary and alternative medicine market, 2016 - 2027 (USD Billion)
6.4 Distance Correspondence
6.4.1 Distance correspondence-based complementary and alternative medicine market, 2016 - 2027 (USD Billion)

Chapter 7 Complementary and Alternative Medicine: Regional Estimates & Trend Analysis, by Intervention and Distribution Method
7.1 Alternative Medicine Market Share By Region, 2019 & 2027
7.2 North America
7.2.1 Complementary and alternative medicine market, 2016 - 2027 (USD Billion)
7.2.2 U.S.
7.2.2.1 Complementary and alternative medicine market, by intervention, 2016 - 2027 (USD Billion)
7.2.2.2 Complementary and alternative medicine market, by distribution method, 2016 - 2027 (USD Billion)
7.2.3 Canada
7.2.3.1 Complementary and alternative medicine market, by intervention, 2016 - 2027 (USD Billion)
7.2.3.2 Complementary and alternative medicine market, by distribution method, 2016 - 2027 (USD Billion)
7.3 Europe
7.3.1 Complementary and alternative medicine market, 2016 - 2027 (USD Billion)
7.3.2 Germany
7.3.2.1 Complementary and alternative medicine market, by intervention, 2016 - 2027 (USD Billion)
7.3.2.2 Complementary and alternative medicine market, by distribution method, 2016 - 2027 (USD Billion)
7.3.3 France
7.3.3.1 Complementary and alternative medicine market, by intervention, 2016 - 2027 (USD Billion)
7.3.3.2 Complementary and alternative medicine market, by distribution method, 2016 - 2027 (USD Billion)
7.3.4 U.K.
7.3.4.1 Complementary and alternative medicine market, by intervention, 2016 - 2027 (USD Billion)
7.3.4.2 Complementary and alternative medicine market, by distribution method, 2016 - 2027 (USD Billion)
7.3.5 Switzerland
7.3.5.1 Complementary and alternative medicine market, by intervention, 2016 - 2027 (USD Billion)
7.3.5.2 Complementary and alternative medicine market, by distribution method, 2016 - 2027 (USD Billion)
7.3.6 Austria
7.3.6.1 Complementary and alternative medicine market, by intervention, 2016 - 2027 (USD Billion)
7.3.6.2 Complementary and alternative medicine market, by distribution method, 2016 - 2027 (USD Billion)
7.3.7 Spain
7.3.7.1 Complementary and alternative medicine market, by intervention, 2016 - 2027 (USD Billion)
7.3.7.2 Complementary and alternative medicine market, by distribution method, 2016 - 2027 (USD Billion)
7.3.8 Norway
7.3.8.1 Complementary and alternative medicine market, by intervention, 2016 - 2027 (USD Billion)
7.3.8.2 Complementary and alternative medicine market, by distribution method, 2016 - 2027 (USD Billion)
7.3.9 Denmark
7.3.9.1 Complementary and alternative medicine market, by intervention, 2016 - 2027 (USD Billion)
7.3.9.2 Complementary and alternative medicine market, by distribution method, 2016 - 2027 (USD Billion)
7.3.10 Sweden
7.3.10.1 Complementary and alternative medicine market, by intervention, 2016 - 2027 (USD Billion)
7.3.10.2 Complementary and alternative medicine market, by distribution method, 2016 - 2027 (USD Billion)
7.3.11 Belgium
7.3.11.1 Complementary and alternative medicine market, by intervention, 2016 - 2027 (USD Billion)
7.3.11.2 Complementary and alternative medicine market, by distribution method, 2016 - 2027 (USD Billion)
7.3.12 Netherlands
7.3.12.1 Complementary and alternative medicine market, by intervention, 2016 - 2027 (USD Billion)
7.3.12.2 Complementary and alternative medicine market, by distribution method, 2016 - 2027 (USD Billion)
7.3.13 Ireland
7.3.13.1 Complementary and alternative medicine market, by intervention, 2016 - 2027 (USD Billion)
7.3.13.2 Complementary and alternative medicine market, by distribution method, 2016 - 2027 (USD Billion)
7.4 Asia Pacific
7.4.1 Complementary and alternative medicine market, 2016 - 2027 (USD Billion)
7.4.2 China
7.4.2.1 Complementary and alternative medicine market, by intervention, 2016 - 2027 (USD Billion)
7.4.2.2 Complementary and alternative medicine market, by distribution method, 2016 - 2027 (USD Billion)
7.4.3 India
7.4.3.1 Complementary and alternative medicine market, by intervention, 2016 - 2027 (USD Billion)
7.4.3.2 Complementary and alternative medicine market, by distribution method, 2016 - 2027 (USD Billion)
7.4.4 Japan
7.4.4.1 Complementary and alternative medicine market, by intervention, 2016 - 2027 (USD Billion)
7.4.4.2 Complementary and alternative medicine market, by distribution method, 2016 - 2027 (USD Billion)
7.4.5 Australia
7.4.5.1 Complementary and alternative medicine market, by intervention, 2016 - 2027 (USD Billion)
7.4.5.2 Complementary and alternative medicine market, by distribution method, 2016 - 2027 (USD Billion)
7.4.6 New Zealand
7.4.6.1 Complementary and alternative medicine market, by intervention, 2016 - 2027 (USD Billion)
7.4.6.2 Complementary and alternative medicine market, by distribution method, 2016 - 2027 (USD Billion)
7.4.7 Singapore
7.4.7.1 Complementary and alternative medicine market, by intervention, 2016 - 2027 (USD Billion)
7.4.7.2 Complementary and alternative medicine market, by distribution method, 2016 - 2027 (USD Billion)
7.4.8 Hong Kong
7.4.8.1 Complementary and alternative medicine market, by intervention, 2016 - 2027 (USD Billion)
7.4.8.2 Complementary and alternative medicine market, by distribution method, 2016 - 2027 (USD Billion)
7.5 Latin America
7.5.1 Complementary and alternative medicine market, 2016 - 2027 (USD Billion)
7.5.2 Brazil
7.5.2.1 Complementary and alternative medicine market, by intervention, 2016 - 2027 (USD Billion)
7.5.2.2 Complementary and alternative medicine market, by distribution method, 2016 - 2027 (USD Billion)
7.5.3 Mexico
7.5.3.1 Complementary and alternative medicine market, by intervention, 2016 - 2027 (USD Billion)
7.5.3.2 Complementary and alternative medicine market, by distribution method, 2016 - 2027 (USD Billion)
7.5.4 Argentina
7.5.4.1 Complementary and alternative medicine market, by intervention, 2016 - 2027 (USD Billion)
7.5.4.2 Complementary and alternative medicine market, by distribution method, 2016 - 2027 (USD Billion)
7.6 Middle East and Africa
7.6.1 Complementary and alternative medicine market, 2016 - 2027 (USD Billion)
7.6.2 UAE
7.6.2.1 Complementary and alternative medicine market, by intervention, 2016 - 2027 (USD Billion)
7.6.2.2 Complementary and alternative medicine market, by distribution method, 2016 - 2027 (USD Billion)
7.6.3 South Africa
7.6.3.1 Complementary and alternative medicine market, by intervention, 2016 - 2027 (USD Billion)
7.6.3.2 Complementary and alternative medicine market, by distribution method, 2016 - 2027 (USD Billion)
7.6.4 Israel
7.6.4.1 Complementary and alternative medicine market, by intervention, 2016 - 2027 (USD Billion)
7.6.4.2 Complementary and alternative medicine market, by distribution method, 2016 - 2027 (USD Billion)

Chapter 8 Competitive Landscape
8.1 Columbia Nutritional
8.1.1 Company overview
8.1.2 Financial performance
8.1.3 Product/service benchmarking
8.1.4 Strategic initiatives
8.2 Herb Pharm
8.2.1 Company overview
8.2.2 Financial performance
8.2.3 Product/service benchmarking
8.2.4 Strategic initiatives
8.3 Herbal Hills
8.3.1 Company overview
8.3.2 Financial performance
8.3.3 Product/service benchmarking
8.3.4 Strategic initiatives
8.4 Ramamani Iyengar Memorial Yoga Institute
8.4.1 Company overview
8.4.2 Financial performance
8.4.3 Product/service benchmarking
8.4.4 Strategic initiatives
8.5 triyoga
8.5.1 Company overview
8.5.2 Financial performance
8.5.3 Product/service benchmarking
8.5.4 Strategic initiatives
8.6 Yoga Tree Studios, Inc.
8.6.1 Company overview
8.6.2 Financial performance
8.6.3 Product/service benchmarking
8.6.4 Strategic initiatives
8.7 Helio USA Inc.
8.7.1 Company overview
8.7.2 Financial performance
8.7.3 Product/service benchmarking
8.7.4 Strategic initiatives
8.8 NatureKue, Inc.
8.8.1 Company overview
8.8.2 Financial performance
8.8.3 Product/service benchmarking
8.8.4 Strategic initiatives
8.9 Nordic Nutraceuticals
8.9.1 Company overview
8.9.2 Financial performance
8.9.3 Product/service benchmarking
8.9.4 Strategic initiatives
8.10 Pure Encapsulations, LLC.
8.10.1 Company overview
8.10.2 Financial performance
8.10.3 Product/service benchmarking
8.10.4 Strategic initiatives
8.11 The Healing Company Ltd.
8.11.1 Company overview
8.11.2 Financial performance
8.11.3 Product/service benchmarking
8.11.4 Strategic initiatives
8.12 Quantum-Touch
8.12.1 Company overview
8.12.2 Financial performance
8.12.3 Product/service benchmarking
8.12.4 Strategic initiatives
8.13 BIOTAILOR
8.13.1 Company overview
8.13.2 Financial performance
8.13.3 Product/service benchmarking
8.13.4 Strategic initiatives
8.14 Vitalia Health
8.14.1 Company overview
8.14.2 Financial performance
8.14.3 Product/service benchmarking
8.14.4 Strategic initiatives
8.15 Biomag Medical s.r.o.
8.15.1 Company overview
8.15.2 Financial performance
8.15.3 Product/service benchmarking
8.15.4 Strategic initiatives
8.16 The Ashdown Clinic Limited
8.16.1 Company overview
8.16.2 Financial performance
8.16.3 Product/service benchmarking
8.16.4 Strategic initiatives
8.17 BiomagScience
8.17.1 Company overview
8.17.2 Financial performance
8.17.3 Product/service benchmarking
8.17.4 Strategic initiatives
8.18 Atkins Health Center
8.18.1 Company overview
8.18.2 Financial performance
8.18.3 Product/service benchmarking
8.18.4 Strategic initiatives
8.19 LKK Health Products Group Limited.
8.19.1 Company overview
8.19.2 Financial performance
8.19.3 Product/service benchmarking
8.19.4 Strategic initiatives
8.20 Body & Soul Yoga Club
8.20.1 Company overview
8.20.2 Financial performance
8.20.3 Product/service benchmarking
8.20.4 Strategic initiatives
8.21 lifemark.ca
8.21.1 Company overview
8.21.2 Financial performance
8.21.3 Product/service benchmarking
8.21.4 Strategic initiatives
8.22 Fit to Function Kinesiology
8.22.1 Company overview
8.22.2 Financial performance
8.22.3 Product/service benchmarking
8.22.4 Strategic initiatives


*Full List of Tables and Figures Available on Enquiry.
Note: Product cover images may vary from those shown
3 of 3
  • Columbia Nutritional
  • Herb Pharm
  • Herbal Hills
  • Ramamani Iyengar Memorial Yoga Institute
  • triyoga
  • Yoga Tree Studios, Inc.
  • Helio USA Inc.
  • NatureKue, Inc.
  • Nordic Nutraceuticals
  • Pure Encapsulations, LLC.
  • The Healing Company Ltd.
  • Quantum-Touch
  • BIOTAILOR
  • Vitalia Health
  • Biomag Medical s.r.o.
  • The Ashdown Clinic Limited
  • BiomagScience
  • Atkins Health Center
  • LKK Health Products Group Limited.
  • Body & Soul Yoga Club
  • lifemark.ca
  • Fit to Function Kinesiology
Note: Product cover images may vary from those shown
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