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Alternative Medicines and Therapies-Global Market Insights and Sales Trends 2025
Synopsis
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.
The global Alternative Medicines and Therapies market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Alternative Medicines and Therapies in various end use industries. The expanding demands from the Hospital and Clinic, are propelling Alternative Medicines and Therapies market. Mud Therapy, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Reiki segment is estimated at % CAGR for the next seven-year period.
The global pharmaceutical market is 1475 billion USD in 2022, growing at a CAGR of 5% during the next six years. The pharmaceutical market includes chemical drugs and biological drugs. For biologics is expected to 381 billion USD in 2022. In comparison, the chemical drug market is estimated to increase from 1005 billion in 2018 to 1094 billion U.S. dollars in 2022. The pharmaceutical market factors such as increasing demand for healthcare, technological advancements, and the rising prevalence of chronic diseases, increase in funding from private & government organizations for development of pharmaceutical manufacturing segments and rise in R&D activities for drugs. However, the industry also faces challenges such as stringent regulations, high costs of research and development, and patent expirations. Companies need to continuously innovate and adapt to these challenges to stay competitive in the market and ensure their products reach patients in need. Additionally, the COVID-19 pandemic has highlighted the importance of vaccine development and supply chain management, further emphasizing the need for pharmaceutical companies to be agile and responsive to emerging public health needs.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Alternative Medicines and Therapies, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Alternative Medicines and Therapies market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Alternative Medicines and Therapies market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Alternative Medicines and Therapies sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Alternative Medicines and Therapies covered in this report include Arya Vaidya Pharmacy, Weleda, Cipla, Sante Verte, Sandoz International, Biocon and Dr. Reddy’s Laboratories, etc.
The global Alternative Medicines and Therapies market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Arya Vaidya Pharmacy
Weleda
Cipla
Sante Verte
Sandoz International
Biocon
Dr. Reddy’s Laboratories
Global Alternative Medicines and Therapies market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Alternative Medicines and Therapies market, Segment by Type:
Mud Therapy
Reiki
Oil Massage Therapy
Magnetic Therapy
Some Breathing Exercises
Meditation
Yoga
Osteopathic Manipulation
Global Alternative Medicines and Therapies market, by Application
Hospital
Clinic
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Alternative Medicines and Therapies companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
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.
The global Alternative Medicines and Therapies market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Alternative Medicines and Therapies in various end use industries. The expanding demands from the Hospital and Clinic, are propelling Alternative Medicines and Therapies market. Mud Therapy, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Reiki segment is estimated at % CAGR for the next seven-year period.
The global pharmaceutical market is 1475 billion USD in 2022, growing at a CAGR of 5% during the next six years. The pharmaceutical market includes chemical drugs and biological drugs. For biologics is expected to 381 billion USD in 2022. In comparison, the chemical drug market is estimated to increase from 1005 billion in 2018 to 1094 billion U.S. dollars in 2022. The pharmaceutical market factors such as increasing demand for healthcare, technological advancements, and the rising prevalence of chronic diseases, increase in funding from private & government organizations for development of pharmaceutical manufacturing segments and rise in R&D activities for drugs. However, the industry also faces challenges such as stringent regulations, high costs of research and development, and patent expirations. Companies need to continuously innovate and adapt to these challenges to stay competitive in the market and ensure their products reach patients in need. Additionally, the COVID-19 pandemic has highlighted the importance of vaccine development and supply chain management, further emphasizing the need for pharmaceutical companies to be agile and responsive to emerging public health needs.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Alternative Medicines and Therapies, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Alternative Medicines and Therapies market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Alternative Medicines and Therapies market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Alternative Medicines and Therapies sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Alternative Medicines and Therapies covered in this report include Arya Vaidya Pharmacy, Weleda, Cipla, Sante Verte, Sandoz International, Biocon and Dr. Reddy’s Laboratories, etc.
The global Alternative Medicines and Therapies market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Arya Vaidya Pharmacy
Weleda
Cipla
Sante Verte
Sandoz International
Biocon
Dr. Reddy’s Laboratories
Global Alternative Medicines and Therapies market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Alternative Medicines and Therapies market, Segment by Type:
Mud Therapy
Reiki
Oil Massage Therapy
Magnetic Therapy
Some Breathing Exercises
Meditation
Yoga
Osteopathic Manipulation
Global Alternative Medicines and Therapies market, by Application
Hospital
Clinic
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Alternative Medicines and Therapies companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Alternative Medicines and Therapies
1.1 Alternative Medicines and Therapies Market Overview
1.1.1 Alternative Medicines and Therapies Product Scope
1.1.2 Alternative Medicines and Therapies Market Status and Outlook
1.2 Global Alternative Medicines and Therapies Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Alternative Medicines and Therapies Market Size by Region (2018-2029)
1.4 Global Alternative Medicines and Therapies Historic Market Size by Region (2018-2023)
1.5 Global Alternative Medicines and Therapies Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Alternative Medicines and Therapies Market Size (2018-2029)
1.6.1 North America Alternative Medicines and Therapies Market Size (2018-2029)
1.6.2 Europe Alternative Medicines and Therapies Market Size (2018-2029)
1.6.3 Asia-Pacific Alternative Medicines and Therapies Market Size (2018-2029)
1.6.4 Latin America Alternative Medicines and Therapies Market Size (2018-2029)
1.6.5 Middle East & Africa Alternative Medicines and Therapies Market Size (2018-2029)
2 Alternative Medicines and Therapies Market by Type
2.1 Introduction
2.1.1 Mud Therapy
2.1.2 Reiki
2.1.3 Oil Massage Therapy
2.1.4 Magnetic Therapy
2.1.5 Some Breathing Exercises
2.1.6 Meditation
2.1.7 Yoga
2.1.8 Osteopathic Manipulation
2.2 Global Alternative Medicines and Therapies Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Alternative Medicines and Therapies Historic Market Size by Type (2018-2023)
2.2.2 Global Alternative Medicines and Therapies Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Alternative Medicines and Therapies Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Alternative Medicines and Therapies Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Alternative Medicines and Therapies Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Alternative Medicines and Therapies Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Alternative Medicines and Therapies Revenue Breakdown by Type (2018-2029)
3 Alternative Medicines and Therapies Market Overview by Application
3.1 Introduction
3.1.1 Hospital
3.1.2 Clinic
3.2 Global Alternative Medicines and Therapies Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Alternative Medicines and Therapies Historic Market Size by Application (2018-2023)
3.2.2 Global Alternative Medicines and Therapies Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Alternative Medicines and Therapies Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Alternative Medicines and Therapies Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Alternative Medicines and Therapies Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Alternative Medicines and Therapies Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Alternative Medicines and Therapies Revenue Breakdown by Application (2018-2029)
4 Alternative Medicines and Therapies Competition Analysis by Players
4.1 Global Alternative Medicines and Therapies Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Alternative Medicines and Therapies as of 2022)
4.3 Date of Key Players Enter into Alternative Medicines and Therapies Market
4.4 Global Top Players Alternative Medicines and Therapies Headquarters and Area Served
4.5 Key Players Alternative Medicines and Therapies Product Solution and Service
4.6 Competitive Status
4.6.1 Alternative Medicines and Therapies Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Arya Vaidya Pharmacy
5.1.1 Arya Vaidya Pharmacy Profile
5.1.2 Arya Vaidya Pharmacy Main Business
5.1.3 Arya Vaidya Pharmacy Alternative Medicines and Therapies Products, Services and Solutions
5.1.4 Arya Vaidya Pharmacy Alternative Medicines and Therapies Revenue (US$ Million) & (2018-2023)
5.1.5 Arya Vaidya Pharmacy Recent Developments
5.2 Weleda
5.2.1 Weleda Profile
5.2.2 Weleda Main Business
5.2.3 Weleda Alternative Medicines and Therapies Products, Services and Solutions
5.2.4 Weleda Alternative Medicines and Therapies Revenue (US$ Million) & (2018-2023)
5.2.5 Weleda Recent Developments
5.3 Cipla
5.3.1 Cipla Profile
5.3.2 Cipla Main Business
5.3.3 Cipla Alternative Medicines and Therapies Products, Services and Solutions
5.3.4 Cipla Alternative Medicines and Therapies Revenue (US$ Million) & (2018-2023)
5.3.5 Sante Verte Recent Developments
5.4 Sante Verte
5.4.1 Sante Verte Profile
5.4.2 Sante Verte Main Business
5.4.3 Sante Verte Alternative Medicines and Therapies Products, Services and Solutions
5.4.4 Sante Verte Alternative Medicines and Therapies Revenue (US$ Million) & (2018-2023)
5.4.5 Sante Verte Recent Developments
5.5 Sandoz International
5.5.1 Sandoz International Profile
5.5.2 Sandoz International Main Business
5.5.3 Sandoz International Alternative Medicines and Therapies Products, Services and Solutions
5.5.4 Sandoz International Alternative Medicines and Therapies Revenue (US$ Million) & (2018-2023)
5.5.5 Sandoz International Recent Developments
5.6 Biocon
5.6.1 Biocon Profile
5.6.2 Biocon Main Business
5.6.3 Biocon Alternative Medicines and Therapies Products, Services and Solutions
5.6.4 Biocon Alternative Medicines and Therapies Revenue (US$ Million) & (2018-2023)
5.6.5 Biocon Recent Developments
5.7 Dr. Reddy’s Laboratories
5.7.1 Dr. Reddy’s Laboratories Profile
5.7.2 Dr. Reddy’s Laboratories Main Business
5.7.3 Dr. Reddy’s Laboratories Alternative Medicines and Therapies Products, Services and Solutions
5.7.4 Dr. Reddy’s Laboratories Alternative Medicines and Therapies Revenue (US$ Million) & (2018-2023)
5.7.5 Dr. Reddy’s Laboratories Recent Developments
6 North America
6.1 North America Alternative Medicines and Therapies Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Alternative Medicines and Therapies Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Alternative Medicines and Therapies Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Alternative Medicines and Therapies Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Alternative Medicines and Therapies Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Alternative Medicines and Therapies Market Dynamics
11.1 Alternative Medicines and Therapies Industry Trends
11.2 Alternative Medicines and Therapies Market Drivers
11.3 Alternative Medicines and Therapies Market Challenges
11.4 Alternative Medicines and Therapies Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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