Alternative & Complementary Medicine Market by Type, Indication, Distribution Channel

Description

List of Tables

[193 Pages Report] The Alternative & Complementary Medicine Market size was estimated at USD 108.59 billion in 2023 and expected to reach USD 121.64 billion in 2024, at a CAGR 12.59% to reach USD 249.19 billion by 2030.

Global Alternative & Complementary Medicine Market

KEY MARKET STATISTICS
Base Year [2023]	USD 108.59 billion
Estimated Year [2024]	USD 121.64 billion
Forecast Year [2030]	USD 249.19 billion
CAGR (%)	12.59%

Alternative & Complementary Medicine Market - IMG1

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?

Product Code: MRR-434CCDA04DBE

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