What is Alternative And Complementary Medicine Market?
Alternative and complementary medicines are medical products and practices that are not part of standard medical care. These treatments have undergone a careful evaluation and have been found to be safe and effective.
The market study is being classified by Type (Botanicals, Acupuncture, Mind, Body, and Yoga and Magnetic Intervention) and major geographies with country level break-up.
Pacific Nutritional (United States), Herb Pharm (United States), Herbal Hills (India), Nordic Naturals (United States), Pure Encapsulations (United States), Iyengar Yoga Institute (India), Unity Woods Yoga Center (United States), Yoga Tree (India), The Healing Company (India) and Quantum Touch Inc. (United States) are some of the key players profiled in the study.
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Alternative And Complementary Medicine market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Alternative And Complementary Medicine market by Type, Application and Region.
On the basis of geography, the market of Alternative And Complementary Medicine has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growing Awareness of Wellness Medicine
- Increasing Cases of Chronic and Debilitating Diseases
Market Trend
- Technological Advancements in the Treatment
Restraints
- Adverse Effects of Alternative and Complementary Medicine
Opportunities
- Rising Expenditure of the Healthcare Facilities
- Widespread Acceptance in Low and Middle-Income Countries
Key Target Audience
Alternative And Complementary Medicine Providers, Emerging Companies, Government Body & Associations and End-user