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.
This report contains market size and forecasts of Complementary and Alternative Medicine in Global, including the following market information:
Global Complementary and Alternative Medicine Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Complementary and Alternative Medicine market was valued at 190900 million in 2021 and is projected to reach US$ 403940 million by 2028, at a CAGR of 11.3% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Botanicals Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Complementary and Alternative Medicine include Columbia Nutritional, Herb Pharm, Herbal Hills, Helio USA, Deepure Plus, Nordic Naturals, Pure encapsulations, Iyengar Yoga Institute and John Schumacher’s Unity Woods Yoga Center, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Complementary and Alternative Medicine companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Complementary and Alternative Medicine Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Complementary and Alternative Medicine Market Segment Percentages, by Type, 2021 (%)
Botanicals
Acupuncture
Mind, Body, and Yoga
Magnetic Intervention
Global Complementary and Alternative Medicine Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Complementary and Alternative Medicine Market Segment Percentages, by Application, 2021 (%)
Direct Contact
E-training
Distance Correspondence
Global Complementary and Alternative Medicine Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Complementary and Alternative Medicine Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Complementary and Alternative Medicine revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Complementary and Alternative Medicine revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
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