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17-Jul-2019

Complementary and Alternative Medicine Market Size Poised to Touch USD 199.2 Bn by 2026

The Global Complementary and Alternative Medicine Market Size is anticipated to around USD 199.2 billion by 2026, this market is anticipated to grow with 19% CAGR during the forecast time period 2018 to 2026.

The development of the global complementary and alternative medicine market can be credited to surging acceptance of natural supplements/wellness medicines by people. Government initiatives in numerous nations to augment the reach of these medicines are expected to drive the development of the global complementary and alternative medicine market.

Furthermore, with substantial surge in costs of conventional medicine and preference towards body wellness rather than pharmaceutical treatment is expected to bolster the development of the global complementary and alternative medicine market over the forecast timeframe.

As of early 2018, about two third of the populace in most of the emerged and emerging nations were reported using one or the other form of complementary and alternative form of medicines. There are certain nations that are approaching towards legalization of some alternative medicine therapies that are being supported with approved clinical data.

The global complementary and alternative medicine market is boosted by high acceptance rates of herbal dietary supplements and other wellness therapies for instance, as acupuncture and yoga. Botanicals have developed as the most noticeable form of alternative medicines and are anticipated to hold largest share throughout the forecast timeframe.

Europe and APAC developed as hotspots for these forms of therapies and cumulatively generated large share of market revenue. Emerging regions for instance Middle East amp; Africa and Latin America are expected to observe significant development in need over the forecast timeframe due to expensive nature of conventional medicine and absence thereof in few nations.

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The global complementary and alternative medicine market is segmented into three major segment named Intervention, distribution method and region. On the basis of Intervention the complementary and alternative medicine market is segmented into botanicals, acupuncture, mind, body amp; yoga and magnetic intervention. These botanicals herbs are further bifurcated into ayurveda, naturopathy and homeopathy. The Mind, Body, and Yoga is also further segmented into yoga, meditation, energy healing, chakra healing and hypnotherapy. On the basis of distribution method, the complementary and alternative medicine market is segmented into direct contact, e-training, and distance correspondence. On the basis of region the global complementary and alternative medicine market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East amp; Africa.

Complementary and alternative medicines include application of conventional methods of medication for instance, usage of herbs and other mind and body healing methods, typically based on the belief and faith. Though, most of the methods usage of alternative medical treatment are not approved by any of the organization or regulatory bodies across the world. Numerous regulatory and bodies governments are putting efforts in discovery clinical support for incorporation of alternative treatments to aid improve the global complementary and alternative medicine market and treatment methods.

Many of the alternative therapies comprise of long time medications and typically used for chronic illnesses and chronic pains. Current times have seen an increase in the numeral of studios and outlets in the form of start-ups and big firms delivering dietary herbal supplements and numerous other accessories needed for therapies. This trend is anticipated to increase the global complementary and alternative medicine market during the forecast timeframe.

The key players catering to the global complementary and alternative medicine market are Pure Encapsulations, Inc., Columbia Nutritional Inc., Nordic Naturals, Herbal Hills, Herb Pharm, Deepure Plus, and Helio USA Inc. There are numerous wellness institutes, such as Quantum Touch Inc., Iyengar Yoga Institute, The Healing Company, John Schumacherrsquo;s Unity Woods Yoga Center, and Yoga Tree. Product revolution and tie-ups with other companies are to remain major strategies of producers to be in the competitive. Progressions and inventions in therapies for instance magnetic interventions and acupuncture are projected to drive the growth of the market. Initiatives such as government of India promote an initiative named Ministry of AYUSH. The objective of this initiative is to promote alternative medicinal therapies are expected to bolster the development of the global complementary and alternative medicine market.

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TABLE OF CONTENT

CHAPTER 1. INDUSTRY OVERVIEW

1.1. Definition and Scope
1.1.1. Definition of Complementary and Alternative Medicine
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Complementary and Alternative Medicine Market By Intervention
1.2.2.1. Global Complementary and Alternative Medicine Market Revenue and Growth Rate Comparison By Intervention (2015-2026)
1.2.2.2. Global Complementary and Alternative Medicine Market Revenue Share By Intervention in 2017
1.2.2.3. Botanicals
1.2.2.4. Acupuncture
1.2.2.5. Mind, Body, and Yoga
1.2.2.6. Magnetic Intervention
1.2.2.7. Others
1.2.3. Complementary and Alternative Medicine Market By Distribution method
1.2.3.1. Global Complementary and Alternative Medicine Market Revenue and Growth Rate Comparison By Distribution method (2015-2026)
1.2.3.2. Global Complementary and Alternative Medicine Market Revenue Share By Distribution method in 2017
1.2.3.3. Direct Contact
1.2.3.4. E-training
1.2.3.5. Distance Correspondence
1.2.3.6. Others
1.2.4. Complementary and Alternative Medicine Market by Geography
1.2.4.1. Global Complementary and Alternative Medicine Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.4.2. North America Complementary and Alternative Medicine Market Revenue and Growth Rate (2015-2026)
1.2.4.3. Europe Complementary and Alternative Medicine Market Revenue and Growth Rate (2015-2026)
1.2.4.4. Asia-Pacific Complementary and Alternative Medicine Market Revenue and Growth Rate (2015-2026)
1.2.4.5. Latin America Complementary and Alternative Medicine Market Revenue and Growth Rate (2015-2026)
1.2.4.6. Middle East and Africa (MEA) Complementary and Alternative Medicine Market Revenue and Growth Rate (2015-2026)

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS

2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porterrsquo;s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2017
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players

CHAPTER 3. MANUFACTURING PLANTS ANALYSIS

3.1. Capacity and Commercial Production Date of Global Complementary and Alternative Medicine Major Manufacturers in 2017
3.2. Manufacturing Plants Distribution of Global Complementary and Alternative Medicine Major Manufacturers in 2017
3.3. Ramp;D Status and Technology Source of Global Complementary and Alternative Medicine Major Manufacturers in 2017
3.4. Raw Materials Sources Analysis of Global Complementary and Alternative Medicine Major Manufacturers in 2017

CHAPTER 4. COMPLEMENTARY AND ALTERNATIVE MEDICINE MARKET BY INTERVENTION

4.1. Global Complementary and Alternative Medicine Revenue By Intervention
4.2. Botanicals
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Acupuncture
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4. Mind, Body, and Yoga
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.5. Magnetic Intervention
4.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.6. Others
4.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 5. COMPLEMENTARY AND ALTERNATIVE MEDICINE MARKET BY DISTRIBUTION METHOD

5.1. Global Complementary and Alternative Medicine Revenue By Distribution method
5.2. Direct Contact
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. E-training
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. Distance Correspondence
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.5. Others
5.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 6. NORTH AMERICA COMPLEMENTARY AND ALTERNATIVE MEDICINE MARKET BY COUNTRY

6.1. North America Complementary and Alternative Medicine Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2. North America Complementary and Alternative Medicine Market Revenue Share Comparison, 2015 amp; 2026 (%)
6.3. U.S.
6.3.1. U.S. Complementary and Alternative Medicine Market Revenue and Forecast By Intervention, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast By Distribution method, 2015 - 2026 ($Million)
6.4. Canada
6.4.1. Market Revenue and Forecast By Intervention, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast By Distribution method, 2015 - 2026 ($Million)
6.5. Mexico
6.5.1. Market Revenue and Forecast By Intervention, 2015 - 2026 ($Million)
6.5.2. Market Revenue and Forecast By Distribution method, 2015 - 2026 ($Million)

CHAPTER 7. EUROPE COMPLEMENTARY AND ALTERNATIVE MEDICINE MARKET BY COUNTRY

7.1. Europe Complementary and Alternative Medicine Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. Europe Complementary and Alternative Medicine Market Revenue Share Comparison, 2015 amp; 2026 (%)
7.3. UK
7.3.1. Market Revenue and Forecast By Intervention, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By Distribution method, 2015 - 2026 ($Million)
7.4. Germany
7.4.1. Market Revenue and Forecast By Intervention, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By Distribution method, 2015 - 2026 ($Million)
7.5. France
7.5.1. Market Revenue and Forecast By Intervention, 2015 - 2026 ($Million)
7.5.2. Market Revenue and Forecast By Distribution method, 2015 - 2026 ($Million)
7.6. Spain
7.6.1. Market Revenue and Forecast By Intervention, 2015 - 2026 ($Million)
7.6.2. Market Revenue and Forecast By Distribution method, 2015 - 2026 ($Million)
7.7. Rest of Europe
7.7.1. Market Revenue and Forecast By Intervention, 2015 - 2026 ($Million)
7.7.2. Market Revenue and Forecast By Distribution method, 2015 - 2026 ($Million)

CHAPTER 8. ASIA-PACIFIC COMPLEMENTARY AND ALTERNATIVE MEDICINE MARKET BY COUNTRY

8.1. Asia-Pacific Complementary and Alternative Medicine Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Asia-Pacific Complementary and Alternative Medicine Market Revenue Share Comparison, 2015 amp; 2026 (%)
8.3. China
8.3.1. Market Revenue and Forecast By Intervention, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By Distribution method, 2015 - 2026 ($Million)
8.4. Japan
8.4.1. Market Revenue and Forecast By Intervention, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By Distribution method, 2015 - 2026 ($Million)
8.5. India
8.5.1. Market Revenue and Forecast By Intervention, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By Distribution method, 2015 - 2026 ($Million)
8.6. Australia
8.6.1. Market Revenue and Forecast By Intervention, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By Distribution method, 2015 - 2026 ($Million)
8.7. South Korea
8.7.1. Market Revenue and Forecast By Intervention, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By Distribution method, 2015 - 2026 ($Million)
8.8. Rest of Asia-Pacific
8.8.1. Market Revenue and Forecast By Intervention, 2015 - 2026 ($Million)
8.8.2. Market Revenue and Forecast By Distribution method, 2015 - 2026 ($Million)

CHAPTER 9. LATIN AMERICA COMPLEMENTARY AND ALTERNATIVE MEDICINE MARKET BY COUNTRY

9.1. Latin America Complementary and Alternative Medicine Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Latin America Complementary and Alternative Medicine Market Revenue Share Comparison, 2015 amp; 2026 (%)
9.3. Brazil
9.3.1. Market Revenue and Forecast By Intervention, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Distribution method, 2015 - 2026 ($Million)
9.4. Argentina
9.4.1. Market Revenue and Forecast By Intervention, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Distribution method, 2015 - 2026 ($Million)
9.5. Rest of Latin America
9.5.1. Market Revenue and Forecast By Intervention, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Distribution method, 2015 - 2026 ($Million)

CHAPTER 10. MIDDLE EAST COMPLEMENTARY AND ALTERNATIVE MEDICINE MARKET BY COUNTRY

10.1. Middle East Complementary and Alternative Medicine Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Middle East Complementary and Alternative Medicine Market Revenue Share Comparison, 2015 amp; 2026 (%)
10.3. Saudi Arabia
10.3.1. Market Revenue and Forecast By Intervention, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Distribution method, 2015 - 2026 ($Million)
10.4. UAE
10.4.1. Market Revenue and Forecast By Intervention, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Distribution method, 2015 - 2026 ($Million)
10.5. Rest of Middle East
10.5.1. Market Revenue and Forecast By Intervention, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Distribution method, 2015 - 2026 ($Million)

CHAPTER 11. AFRICA COMPLEMENTARY AND ALTERNATIVE MEDICINE MARKET BY COUNTRY

11.1. Africa Complementary and Alternative Medicine Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Africa Complementary and Alternative Medicine Market Revenue Share Comparison, 2015 amp; 2026 (%)
11.3. South Africa
11.3.1. Market Revenue and Forecast By Intervention, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By Distribution method, 2015 - 2026 ($Million)
11.4. Egypt
11.4.1. Market Revenue and Forecast By Intervention, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By Distribution method, 2015 - 2026 ($Million)
11.5. Rest of Africa
11.5.1. Market Revenue and Forecast By Intervention, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By Distribution method, 2015 - 2026 ($Million)

CHAPTER 12. COMPANY PROFILE

12.1. Pure Encapsulations, Inc.
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Product Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. Columbia Nutritional Inc.
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Product Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Nordic Naturals
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Product Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. Herbal Hills
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Product Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. Herb Pharm
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Product Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Deepure Plus
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Product Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. Helio USA Inc.
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Product Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. Quantum Touch Inc.
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Product Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. Iyengar Yoga Institute
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Product Portfolio
12.9.5. Key Developments
12.9.6. Strategies
12.10. The Healing Company
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Product Portfolio
12.10.5. Key Developments
12.10.6. Strategies
12.11. John Schumacherrsquo;s Unity Woods Yoga Center
12.11.1. Company Snapshot
12.11.2. Overview
12.11.3. Financial Overview
12.11.4. Product Portfolio
12.11.5. Key Developments
12.11.6. Strategies
12.12. Yoga Tree
12.12.1. Company Snapshot
12.12.2. Overview
12.12.3. Financial Overview
12.12.4. Product Portfolio
12.12.5. Key Developments
12.12.6. Strategies
12.13. Others
12.13.1. Company Snapshot
12.13.2. Overview
12.13.3. Financial Overview
12.13.4. Product Portfolio
12.13.5. Key Developments
12.13.6. Strategies

CHAPTER 13. RESEARCH APPROACH

13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope

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Last Updated: 17-Jul-2019