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India News Releases
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(India.CityRegions.Com, July 26, 2024 ) As per Maximize Market research, the Global Complementary and Alternative Medicine Market size was valued at USD 135.14 Billion in 2023 and the revenue is expected to grow by 17.9% from 2024 to 2030, reaching nearly USD 362.96 Billion by 2030.
Complementary and Alternative Medicine (CAM) market is experiencing significant growth, driven by the rising prevalence of chronic diseases and an expanding geriatric population. Public interest in CAM is increasing due to the high costs and side effects of conventional medicine, prompting more research and development in this field. Key drivers include the adoption of traditional healing techniques, such as Ayurveda and acupuncture, and the growth of innovative therapies.
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North America, the complementary and alternative medicine market leads due to an increasing population with significant disorders and escalating healthcare expenditure. These factors continue to drive the Global market growth in North America. From 2021 to 2028, the complementary and alternative medicine industry in the Middle East and Africa is expected to experience the fastest growth.
Global Complementary and Alternative Medicine Market Segmentation
By Intervention
Traditional Alternative Medicine/Botanicals
Mind Healing
Body Healing
External Energy
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By Product
Vitamins
Minerals
Herbal products
others
By Diseases
Cancer
Diabetes
Chronic pain
Coronary artery disease
Others
By Distribution Channel
Direct Sales
E-sales
Distance Correspondence
Other
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Global Complementary and Alternative Medicine Market Key Players:
Pure Encapsulations, Inc.(US)
Nordic Naturals(US)
Unity Woods Yoga Center(US)
Quantum Touch(US)
Geriatric & Medical Companies, Inc.,(US)
Maximize Market Research is leading Healthcare research firm, has also published the following reports:
Pulmonary Drugs Market size is expected to reach US$ 77.55 Bn. by year 2029 at a CAGR of 3.5% during the forecast period.
Healthcare IT outsourcing Market was valued ~US$ 54.76 Bn in 2023 and is expected to reach ~US$ 94.46 Bn by 2030, at CAGR of 8.10% during the forecast period of 2024 to 2030.
About Maximize Market Research
Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities and technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics and communications, Internet of Things, Food and Beverages, Aerospace and defense, and other manufacturing sectors.
MAXIMIZE MARKET RESEARCH PVT. LTD.
L Godage
09607365656
akash.r@maximizemarketresearch.com
Source: EmailWire.Com 
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