SAN FRANCISCO, April 17, 2017 /PRNewswire/ --
The complementary & alternative medicine market is expectedto generate a revenue of USD 196.87 billion by 2025, according to a new report by Grand View Research, Inc. Factors such as the increase in adoption of alternative medicine by people combined with the government initiatives
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Complementary and alternative forms of therapy are used in the treatment of chronic ailments, long-term pain among others and are also used for additional vitamins and other dietary supplementation of regular diet. Moreover, with considerable increase in the costs of conventional medicine and inclination towards body wellness rather than pharmaceutical cure is likely to boost the market over the forecast period.
As of early 2016, approximately two thirds of the population in most of the developed and developing countries have reported using one or the other form of alternative or complementary form of medicine. There are certain countries that are moving towards the legalization of some alternative medicine therapies that are being backed with approved clinical data.
Browse full research report with TOC on "Alternative And Complementary Medicine Market Analysis By Intervention (Botanicals, Acupuncture, Mind, Body, and Yoga, Magnetic Intervention), By Distribution Method, And Segment Forecasts, 2013 - 2025" at: http://www.grandviewresearch.com/industry-analysis/aternative-medicine-therapies-market
Further key findings from the report suggest:
Browse related reports by Grand View Research:
Grand View Research has segmented the Alternative Medicine market by intervention scope, distribution method scope, and region:
Read Our Blog: Complementary & Alternative Therapies - Consistent Revenue Generation - Inconsistent Scientific Backing
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc. Phone: 1-415-349-0058 Toll Free: 1-888-202-9519 Email: [email protected]
SOURCE Grand View Research, Inc.
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