Global Complementary and Alternative Medicine Market Insights, Forecast to 2028

Complementary medicine is treatments that are used along with standard medical treatments but are not considered to be standard treatments. One example is using acupuncture to help lessen some side effects of cancer treatment.Alternative medicine is treatments that are used instead of standard medical treatments. One example is using a special diet to treat cancer instead of anticancer drugs that are prescribed by an oncologist.
Market Analysis and Insights: Global Complementary and Alternative Medicine Market
The global Complementary and Alternative Medicine market size is projected to reach US$ 410780 million by 2028, from US$ 185520 million in 2021, at a CAGR of 11.8% during 2022-2028.
Fully considering the economic change by this health crisis, Botanicals accounting for % of the Complementary and Alternative Medicine global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Direct Contact segment is altered to an % CAGR throughout this forecast period.
China Complementary and Alternative Medicine market size is valued at US$ million in 2021, while the North America and Europe Complementary and Alternative Medicine are US$ million and US$ million, severally. The proportion of the North America is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Complementary and Alternative Medicine landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Complementary and Alternative Medicine market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Complementary and Alternative Medicine market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Complementary and Alternative Medicine market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Complementary and Alternative Medicine market.
Global Complementary and Alternative Medicine Scope and Market Size
Complementary and Alternative Medicine market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Complementary and Alternative Medicine market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Botanicals
Acupuncture
Mind, Body, and Yoga
Magnetic Intervention
Segment by Application
Direct Contact
E-training
Distance Correspondence
By Company
Columbia Nutritional
Herb Pharm
Herbal Hills
Helio USA
Deepure Plus
Nordic Naturals
Pure encapsulations
Iyengar Yoga Institute
John Schumacher’s Unity Woods Yoga Center
Yoga Tree
The Healing Company
Quantum Touch
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA