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The global complementary and alternative medicines (CAM) market was valued at USD 193.0 billion in 2018 and is expected to grow at a CAGR of 6.1% during the forecast period. Globally, key players in the complementary and alternative medicines (CAM) market are comprises of both large as well and small service provides making it a fragmented market structure. Moreover, the eminent key players in the global complementary and alternative medicines market are undertaking mergers and acquisitions and collaborations in order to expand their product portfolio and gaining competitive advantage.
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Geographically, Europe is anticipated to contribute largest market revenue in complementary and alternative medicines (CAM) by 2024 due to excessive utilisation of botanicals in various dietary supplements in the countries of France and Germany.
Some of the players having prominent presence in the global complementary and alternative medicines market include Dabur India Ltd., Biologische Heilmittel Heel GmbH, Novartis AG, The Arya Vaidya Pharmacy (CBE) Ltd., Boiron, Cipla Limited, PEKANA Naturheilmittel GmbH, Weleda AG, Herb Pharm, Deepure Plus, Herbal Hills, Helio USA Inc., Columbia Nutritional Inc., Nordic Naturals, and Pure Encapsulations, Inc.
The report provides the market value for the base year 2018 and a yearly forecast till 2024 in terms of revenue (USD Billion). The report segments the global complementary and alternative medicines (CAM) market on the basis of type, mode of service, application, end user, and region.
Global Complementary and Alternative Medicines (CAM) Market Coverage
Type Insight and Forecast 2014-2024
Nature-Based
Ayurveda
Homeopathic
Mud Therapy
Others
Mind-Body Intervention-Based
Yoga, Meditation, Tai Chi, And Qigong
Biofeedback
Guided Imagery
Hypnosis
Others
Manipulative Body-Based
Chiropractic
Physiotherapy
Massage
Acupuncture
Others
Energy-Based
Reiki
Electromagnetic Therapy
Others
Mode of Service Insight and Forecast 2014-2024
Therapy Classes
Direct Consultation
E-Learning
Application Insight and Forecast 2014-2024
Depression and Anxiety
Pain Management
Chronic Diseases
Neurological Disorders
Infertility
Skin Disorders
Weight Loss
Others
End-User Insight and Forecast 2014-2024
Yoga and Meditation Centers
Therapy Centers
Home Care
Hospitals and Clinics
Others
Geographical Segmentation
Complementary and Alternative Medicines (CAM) Market by Region
North America
By Type
By Mode of Service
By Application
By End User
By Country – U.S., Canada, and Mexico
Europe
By Type
By Mode of Service
By Application
By End-User
By Country – Germany, U.K., France, Italy, Spain, Russia, Denmark, Poland, and Rest of Europe
Asia-Pacific (APAC)
By Type
By Mode of Service
By Application
By End-User
By Country – China, Japan, India, South Korea, Australia, Singapore, Indonesia, Malaysia, Thailand, and Rest of Asia-Pacific
Rest of the World (RoW)
By Type
By Mode of Service
By Application
By End-User
By Country – Brazil, Saudi Arabia, South Africa, U.A.E., Argentina, Chile, Colombia, and Other Countries
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