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Global Complementary and Alternative Medicines Market Size, Competitive Analysis, Share, Forecast- 2019-2025

12-01-2020 01:16 PM CET | Health & Medicine

Press release from: Orian Research

Global Complementary and Alternative Medicines Market

Global Complementary and Alternative Medicines Market

The global complementary and alternative medicine market is anticipated to grow at a significant CAGR during the forecast period. The use of complementary and alternative medicine is raising rapidly as these aids the healing process of a specific health condition to improve overall health. Complementary and alternative medicine generally includes acupuncture, vitamins, and minerals, aromatherapy, herbal treatments, yoga, and naturopathy. These medicines are generally preferred as they are more natural and safer than conventional medicine present in the market.

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Adverse effects of various chronic diseases and drug use during the treatment make the patients suffer from various nutrients deficiencies which can be addressed with dietary supplements and alternative medicines. This results in an increased demand for complementary and alternative medicines in the market. Moreover, the recently observed consumer shift towards adopting healthy alternatives in day to day life to stay naturally healthy and avoid diseases is also driving the demand for complementary and alternative medicines in the market across the globe.

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However, complementary and alternative medicines are usually subjected to strict safety and quality regulations in most of the countries all across the globe. For instance, in Australia, the Therapeutic Goods Administration (TGA) ensures the safety of alternative and complementary medicines including other treatments that are going on in the country. Additionally, the safety of most of the complementary and alternative treatment or how they work is also not proved by any research which is anticipated to hinder the growth of complementary and alternative medicine market.

Market Segmentation

Global Complementary and Alternative Medicine Market by Intervention

Botanicals
Acupuncture
Body, Mind, and Yoga
Magnetic Intervention
Regional Analysis

North America

US
Canada
Europe

UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific

China
India
Japan
Rest of Asia-Pacific
Rest of the World

Company Profiles

Adaptive Health LLC
Bluebird Botanicals
Columbia Nutritional
Forrest Health, Inc.
Ginkgo Bioworks
Healclinic Healthcare Pvt. Ltd.
Henry Lamotte Oils GmbH
Herbalife Nutrition
Herbal Hills
Herb Pharm LLC
Iyengar Yoga Institute
John Schumacher’s Unity Woods Yoga Center
Nature's Way Products, LLC
Nordic Naturals, Inc.
Pure Encapsulations, LLC
Source Naturals, Inc.
Syncremedies Healthcare Pvt Ltd
The Healing Company
Veterans Acupuncture Center of Colorado
Yoga Tree
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About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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