Alternative Medicines and Therapy Market: Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021

Report Code: ZMR-243 | Report Format : | Status : Upcoming |

Abstract

Medicines which are used as an alternative or considered complementary medicinal treatment to a conventional medical treatment are known as alternative medicines. It is a natural method of treatment which excludes usual methodology of allopathy. This type of treatment is not a part of the study program in medical institutes. This type of medical practice utilizes natural remedies for the treatment. Some types of treatments are used such homeopathic and ayurvedic treatment from many centuries, whereas Chinese medications respective to laser and electro therapy and chiropractic have come in to picture recently. Injuries such ligament tear, muscle strain caused due to physical activities such sports, gym workouts can be well treated through alternative technique.

Based on modality, the global alternative medicines and therapy market is segmented as homeopathic medicine, acupuncture, naturopathy, ayurvedic medicines, oriental Chinese medications, and the medicines created using herbs. On the basis of type, the global market is segmented as mud therapy, reiki, oil massage therapy, magnetic therapy, some breathing exercises, meditation, yoga, and osteopathic manipulation. The yoga segment is the leading segment of this market. Yoga decreases inflammation, controls high blood pressure, relieves depression, and is easy to perform. However, the unstable economy and strict protocols led by the governments restrain the global market growth.

However, the zero side effects and enduring effects help driving the demand for alternative medicines and therapy market. In addition, rising consumer expenses in healthcare, cost of the alternative medicine treatment, and break out of various hazardous diseases are leading factors driving the growth of alternative medicines and therapy market. In addition, awareness of this traditional and effective method for healing health issues, constant technological development, and initiative programs by the government to adapt the alternative medicines and therapies are anticipated to be the market driving factors in future.

North America and Asia dominate the global alternative medicines and therapy market majorly owing to the high acceptance of alternative and natural therapies by people all over the world. Asia Pacific is also anticipated to witness the fastest growth in the near future. Japan is expected to experience high growth due to its rising aging population. In addition, developing countries such as India and China may lead the growth in medicines therapy market.

Some of the major companies dominating in the global alternative medicines and therapy market are Arya Vaidya Pharmacy, Weleda Ltd., Cipla Ltd., Sante Verte Ltd., Sandoz International GmbH, Biocon Ltd., Wright Health Group Ltd., and Dr. Reddy’s Laboratories Ltd. Other players influencing the global market are Mediral International, Allen Laboratories Ltd., and King Bio Pharmaceuticals

Alternative Medicines and Therapy Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany 
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Related Reports

Human Identification Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-1714 | Report Format:

Global Human Identification Market: Overview Forensic identification comes under forensic science; it is a technology which helps in the identification of the traces that are left out at the place where there occurs an accident or crime. Human identification techniques are extensively used in th...Read More

Microplate Readers Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-1650 | Report Format:

Global Microplate Readers Market: Overview A laboratory instrument that is designed for detection and processing the chemical, biological, or physical reactions for experimental purposes is known as microplate readers. It is helpful in the gene expression, quantification of proteins, and testing...Read More

Bioprocess Technology Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-1560 | Report Format:

Global Bioprocess Technology Market: Overview The bioprocess technology plays a very vital role in the biotechnology industry. Desired products are procured in a bioprocess from the cells that are alive such as enzymes, bacteria, and chloroplast or their components. The bioprocess is leveraged i...Read More

Panic Disorders Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-1505 | Report Format:

Global Panic Disorders Market: Overview When a patient suffers from frequent sudden panic attacks then that patient is suffering from the panic disorder which is a type of anxiety disorder. The patient has the following symptoms when panic attacks occur such as intense fear, sweating, shortness ...Read More

Healthcare Predictive Analytics Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-1454 | Report Format:

Global Healthcare Predictive Analytics Market: Overview A significant rise in the demand in the healthcare predictive market expected to be seen in the forecast period. This can be attributed to the increasing prices of medication facilities and increasing popularity of personalized medicines. R...Read More

Choose License Type: