Press release
Complementary And Alternative Medicine Market Forecast 2024-2033 - Major Trends, Segments And Fastest Growing Regions | Bikram Yoga, ARKOPHARMA Laboratories Company Limited, Aboca SpA, Boiron USA
Complementary And Alternative Medicine Global Market Report 2024
As per the report, the complementary and alternative medicine market size has grown exponentially in recent years. It will grow from $151.23 billion in 2023 to $182.31 billion in 2024 at a compound annual growth rate (CAGR) of 20.5%. The complementary and alternative medicine market size is expected to see exponential growth in the next few years. It will grow to $388.00 billion in 2028 at a compound annual growth rate (CAGR) of 20.8%.
Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=15543&type=smp
Increase In The Prevalence Of Chronic Diseases Driving The Complementary And Alternative Medicine Market
The increase in the prevalence of chronic diseases is expected to drive the growth of the complementary and alternative medicine market going forward. Chronic diseases are long-term health conditions that persist over time and typically do not resolve on their own. The increase in the prevalence of chronic diseases can be attributed to various factors, such as aging populations, unhealthy lifestyles, environmental factors, and improved diagnostics leading to better detection. CAM aids in mitigating the prevalence of chronic disease by offering alternative treatment options, promoting holistic approaches to health, and addressing underlying factors such as stress and inflammation. For instance, in July 2023, according to the Department of the Treasury, an Australia-based national treasury and financial department, in 2020-21, nearly half of Australians of all ages (46.6%) had one or more chronic diseases, and almost one in five (18.6%) had two or more chronic conditions. Therefore, the increase in the prevalence of chronic diseases is driving the growth of the complementary and alternative medicine market.
Advanced Aromatherapy Solutions In The CAM Market
Major companies and authorities operating in the complementary and alternative medicine market are increasing their focus on developing advanced solutions, such as aromatherapy solutions, to gain a competitive edge in the market. Aromatherapy is a branch of complementary and alternative medicine (CAM) that involves using essential oils and aromatic compounds from plants to promote health and well-being. For instance, in December 2022, Adoratherapy, a US-based developer of aromatherapy products, launched its Alkemie Chakra Healing collection, featuring aroma perfume sprays, dry touch body oils, body lotions, and lotion candles all with the same scents. The scents were created to balance and heal using aromatherapy principles, which incorporate essential oils as active elements.
The complementary and alternative medicine market covered in this report is segmented -
1) By Type: Alternative Medical Systems, Mind-Body Interventions, Biologically Based Therapies, Manipulative And Body-Based Methods, Energy Therapies, Other Types
2) By Disease Indication: Arthritis, Asthma, Cancer, Diabetes, Cardiology, Neurology, Other Disease Indications
3) By Application: E-training, Direct Contact, Distance Correspondence
4) By End-Users: Hospitals, Specialty Clinics, Therapy Centers, Other End-Users
Buy Now & Get Exclusive Discount on this Report, Checkout link @ https://www.thebusinessresearchcompany.com/Discount?id=15543&type=discount
Major companies operating in the complementary and alternative medicine market are Bikram Yoga, ARKOPHARMA Laboratories Company Limited, Aboca SpA, Boiron USA, Laboratorios Funat, Nordic Nutraceuticals, Dabur India Ltd., Nordic Naturals, UAS Laboratories, A.Vogel Ltd., Quantum-Touch, Herb Pharm LLC, Creative Biolabs, Nature's Bounty, Baidyanath Group, SKM Siddha and Ayurvedha Company Ltd., Weleda AG, Afriplex, Herbal Hills, Arya Vaidya Pharmacy, Edizioni Riza spa, Vaidyaratnam Oushadhasala Pvt. Ltd., Nutritional Wellness Center, PEKANA Naturheilmittel GmbH, Himalaya Global Holdings Ltd. (Himalaya Herbal Healthcare), Geriatric & Medical Companies Inc., Naturoveda Health World, Alternative Medicine Institute, e-Therapeutics plc
Contents of the report:
1. Executive Summary
2. Complementary And Alternative Medicine Market Report Structure
3. Complementary And Alternative Medicine Market Trends And Strategies
4. Complementary And Alternative Medicine Market - Macro Economic Scenario
5. Complementary And Alternative Medicine Market Size And Growth
…..
27. Complementary And Alternative Medicine Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/complementary-and-alternative-medicine-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ "
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Complementary And Alternative Medicine Market Forecast 2024-2033 - Major Trends, Segments And Fastest Growing Regions | Bikram Yoga, ARKOPHARMA Laboratories Company Limited, Aboca SpA, Boiron USA here
News-ID: 3561349 • Views: …
More Releases from The Business Research Company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Alternative
Prominent Alternative Tourism Market Trend for 2025: Innovative Sustainable Ecot …
What Are the Projected Growth and Market Size Trends for the Alternative Tourism Market?
Over the past few years, there has been a consistent growth in the alternative tourism market. Its worth is predicted to rise from $94.58 billion in 2024 to about $98.55 billion in 2025, indicating a compound annual growth rate (CAGR) of 4.2%. The expansion during the historic phase can be credited to the elevated consciousness about the…
Dairy Alternative Market
The Global Dairy Alternative Market growth rate continues to gain remarkable momentum during the present decade. Manufacturers and users have acknowledged the nutritional efficacy of products offered by this industry. This is partially because of the efforts taken to expand the sources of dairy products to meet the heightened demand from growing population. However, the aggressive promotion of the trend for going vegan and animal-friendly is what delivered this market…
Alternative to Pesticide - Dynatrap
The nature’s bounty revel in man’s admiration, not in intervention. No wonder, we are living in an era where clean air and pure water will soon be a matter of past, finding its place only in school textbooks. Another alarming issue is the mounting problem of mosquitoes and mosquito-borne diseases with which the developing countries are grappling with. When the market is mushrooming with myriad options of mosquito repellents claiming…
Alternative Payment Solution: PayPal
ReportsWorldwide has announced the addition of a new report title Alternative Payment Solution: PayPal to its growing collection of premium market research reports.
In terms of transaction value, PayPal is the second-largest alternative payments service provider globally, after Alipay. It enables digital payments and offers acceptance solutions for consumers and merchants. The company specializes in online payments, mobile and e-commerce, fund transfers, payment processing, payment security and monetization services for developers.…
Traveltext's alternative Euro 2016
You don’t even have to be a sports fan to know that this summer, the England football team will be heading off to the latest major international tournament with the hopes of a nation resting on the shoulders of the likes of Wayne Rooney, Jamie Vardy and Dele Alli.
The fact that the tournament has expanded this year to include no fewer than 24 nations means that the eyes of Europe…
Alternative: Stud-Welding
Increased productivity and flexibility for the installation of pipe, tube, hose and cable clamps
In many areas, stud welding is considered to be the most economic fastening method for components and is sometimes even the only technically feasible solution. Because the stud is joined with the substructure over the entire surface of the stud without any hollow areas, a high strength of the joint can be achieved.
Stauff is now using this…
