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Global Alternative & Complementary Medicine Market by Type (Body Therapy, Diet & Herbs-Based Therapy, Energy Healing Therapy), Indication (Arthritis, Asthma, Cancer), Distribution Channel - Forecast 2024-2030

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    Report

  • 193 Pages
  • March 2024
  • Region: Global
  • 360iResearch™
  • ID: 5313768
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The Alternative & Complementary Medicine Market size was estimated at USD 108.59 billion in 2023, USD 121.64 billion in 2024, and is expected to grow at a CAGR of 12.59% to reach USD 249.19 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Alternative & Complementary Medicine Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Alternative & Complementary Medicine Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Alternative & Complementary Medicine Market, highlighting leading vendors and their innovative profiles. These include AmeriCare Physical Therapy, Boiron, Cipla Limited, Columbia Nutritional, LLC, Dabur India Ltd., First Natural Brands Ltd., Full Motion Physical Therapy, Herb Pharm, LLC, Mountain Rose Herbs, Nature's Bounty, Inc., Nordic Naturals, PEKANA Naturheilmittel GmbH, Pharmesis International Ltd., Pure Encapsulations, LLC, Rocky Mountain Oils LLC, schwa-medico GmbH, Seirin Corporation, The Arya Vaidya Pharmacy (CBE) Ltd., The Himalaya Drug Company, and Weleda AG.

Market Segmentation & Coverage

This research report categorizes the Alternative & Complementary Medicine Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Type
    • Body Therapy
    • Diet & Herbs-Based Therapy
    • Energy Healing Therapy
      • Chakra Healing
      • Magnetic Therapy
      • Radionics
      • Reiki
      • Therapeutic Touch
    • Mind Therapy
    • Sensory Healing
      • Aromatherapy
      • Music therapy
      • Sonopuncture
      • Sound Therapy
    • Traditional Alternative Medicine Therapy
      • Apitherapy
      • Ayurveda
      • Bach Flower Therapy
      • Naturopathic Medicine
      • Traditional Chinese Medicine
      • Traditional Japanese Medicine
      • Traditional Korean Medicine
      • Traditional Mongolian Medicine
      • Traditional Tibetan Medicine
      • Zang Fu Theory
  • Indication
    • Arthritis
    • Asthma
    • Cancer
    • Cardiology
    • Diabetes
    • Neurology
  • Distribution Channel
    • Direct Sales
    • Distance Correspondence
    • Online Sales
    • Special Clinics/Centres
  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as

  1. What is the market size and forecast of the Alternative & Complementary Medicine Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Alternative & Complementary Medicine Market?
  3. What are the technology trends and regulatory frameworks in the Alternative & Complementary Medicine Market?
  4. What is the market share of the leading vendors in the Alternative & Complementary Medicine Market?
  5. Which modes and strategic moves are suitable for entering the Alternative & Complementary Medicine Market?

 

Additional Product Information:

  • Purchase of this report includes 1 year online access with quarterly updates
  • This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website

Please note: For this report, the purchase of an Enterprise license allows up to ten worldwide users of an organization access to the report

Purchase of this report includes 1 year online access with quarterly updates

Purchase of this report includes 1 year online access with quarterly updates

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Alternative & Complementary Medicine Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing Prevalence Cancer, Neurological Disorders, and Other Serious Diseases
5.1.1.2. Consumer Adoption of Meditation, Yoga, Acupuncture, Complementary Wellness Treatments, and Magnetic Intervention
5.1.1.3. Rising Regulation in Complementary and Alternative Medicine
5.1.1.4. Growing Awareness of Wellness Medicine
5.1.2. Restraints
5.1.2.1. Limited Awareness about the Use of Herbal Supplements
5.1.3. Opportunities
5.1.3.1. Emerging Number of Initiatives for the Promotion of Alternative & Complementary Medicine being Taken by Governments
5.1.3.2. Recent advances in Alternative Therapies and Complementary Medicines
5.1.4. Challenges
5.1.4.1. Limited Scientific Proof and Evidence of the Medicine
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Alternative & Complementary Medicine Market, by Type
6.1. Introduction
6.2. Body Therapy
6.3. Diet & Herbs-Based Therapy
6.4. Energy Healing Therapy
6.5.1. Chakra Healing
6.5.2. Magnetic Therapy
6.5.3. Radionics
6.5.4. Reiki
6.5.5. Therapeutic Touch
6.5. Mind Therapy
6.6. Sensory Healing
6.7.1. Aromatherapy
6.7.2. Music therapy
6.7.3. Sonopuncture
6.7.4. Sound Therapy
6.7. Traditional Alternative Medicine Therapy
6.8.1. Apitherapy
6.8.2. Ayurveda
6.8.3. Bach Flower Therapy
6.8.4. Naturopathic Medicine
6.8.5. Traditional Chinese Medicine
6.8.6. Traditional Japanese Medicine
6.8.7. Traditional Korean Medicine
6.8.8. Traditional Mongolian Medicine
6.8.9. Traditional Tibetan Medicine
6.8.10. Zang Fu Theory
7. Alternative & Complementary Medicine Market, by Indication
7.1. Introduction
7.2. Arthritis
7.3. Asthma
7.4. Cancer
7.5. Cardiology
7.6. Diabetes
7.7. Neurology
8. Alternative & Complementary Medicine Market, by Distribution Channel
8.1. Introduction
8.2. Direct Sales
8.3. Distance Correspondence
8.4. Online Sales
8.5. Special Clinics/Centres
9. Americas Alternative & Complementary Medicine Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Alternative & Complementary Medicine Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Alternative & Complementary Medicine Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. AmeriCare Physical Therapy
13.1.2. Boiron
13.1.3. Cipla Limited
13.1.4. Columbia Nutritional, LLC
13.1.5. Dabur India Ltd.
13.1.6. First Natural Brands Ltd.
13.1.7. Full Motion Physical Therapy
13.1.8. Herb Pharm, LLC
13.1.9. Mountain Rose Herbs
13.1.10. Nature's Bounty, Inc.
13.1.11. Nordic Naturals
13.1.12. PEKANA Naturheilmittel GmbH
13.1.13. Pharmesis International Ltd.
13.1.14. Pure Encapsulations, LLC
13.1.15. Rocky Mountain Oils LLC
13.1.16. schwa-medico GmbH
13.1.17. Seirin Corporation
13.1.18. The Arya Vaidya Pharmacy (CBE) Ltd.
13.1.19. The Himalaya Drug Company
13.1.20. Weleda AG
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
List of Figures
FIGURE 1. ALTERNATIVE & COMPLEMENTARY MEDICINE MARKET RESEARCH PROCESS
FIGURE 2. ALTERNATIVE & COMPLEMENTARY MEDICINE MARKET SIZE, 2023 VS 2030
FIGURE 3. ALTERNATIVE & COMPLEMENTARY MEDICINE MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. ALTERNATIVE & COMPLEMENTARY MEDICINE MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. ALTERNATIVE & COMPLEMENTARY MEDICINE MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. ALTERNATIVE & COMPLEMENTARY MEDICINE MARKET DYNAMICS
FIGURE 7. ALTERNATIVE & COMPLEMENTARY MEDICINE MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 8. ALTERNATIVE & COMPLEMENTARY MEDICINE MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. ALTERNATIVE & COMPLEMENTARY MEDICINE MARKET SIZE, BY INDICATION, 2023 VS 2030 (%)
FIGURE 10. ALTERNATIVE & COMPLEMENTARY MEDICINE MARKET SIZE, BY INDICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. ALTERNATIVE & COMPLEMENTARY MEDICINE MARKET SIZE, BY DISTRIBUTION CHANNEL, 2023 VS 2030 (%)
FIGURE 12. ALTERNATIVE & COMPLEMENTARY MEDICINE MARKET SIZE, BY DISTRIBUTION CHANNEL, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS ALTERNATIVE & COMPLEMENTARY MEDICINE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS ALTERNATIVE & COMPLEMENTARY MEDICINE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES ALTERNATIVE & COMPLEMENTARY MEDICINE MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES ALTERNATIVE & COMPLEMENTARY MEDICINE MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC ALTERNATIVE & COMPLEMENTARY MEDICINE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC ALTERNATIVE & COMPLEMENTARY MEDICINE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA ALTERNATIVE & COMPLEMENTARY MEDICINE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA ALTERNATIVE & COMPLEMENTARY MEDICINE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. ALTERNATIVE & COMPLEMENTARY MEDICINE MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 22. ALTERNATIVE & COMPLEMENTARY MEDICINE MARKET SHARE, BY KEY PLAYER, 2023

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • AmeriCare Physical Therapy
  • Boiron
  • Cipla Limited
  • Columbia Nutritional, LLC
  • Dabur India Ltd.
  • First Natural Brands Ltd.
  • Full Motion Physical Therapy
  • Herb Pharm, LLC
  • Mountain Rose Herbs
  • Nature's Bounty, Inc.
  • Nordic Naturals
  • PEKANA Naturheilmittel GmbH
  • Pharmesis International Ltd.
  • Pure Encapsulations, LLC
  • Rocky Mountain Oils LLC
  • schwa-medico GmbH
  • Seirin Corporation
  • The Arya Vaidya Pharmacy (CBE) Ltd.
  • The Himalaya Drug Company
  • Weleda AG

Methodology

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Table Information