by The global complementary and alternative medicine for anti aging & longevity market size was valued at USD 36.91 billion in 2020, and is predicted to be worth around USD 190.02 billion by 2030, registering a CAGR of 23.2% during the forecast period 2022 to 2030.
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Table of Contents
Complementary and Alternative Medicine for Anti Aging & Longevity Market Growth Factors
Growing household income in developed countries, acceptance of herbal and ayurvedic medicine, and increasing age-related diseases have majorly the market for complementary and alternative medicine (CAM) for anti aging and longevity.
The rising aging population and diseases associated with it are the key factors expected to drive the market for complementary and alternative medicine (CAM) for antiaging and longevity. COVID-19 has encouraged the use of yoga in a sedentary lifestyle-oriented population. Since corporate companies adopted remote work owing to COVID-19, some organizations such as Citi, BlueBeam, 3M, and SAP prioritized virtual wellness programs to improve the stress and anxiety level of working from home. For instance, BlueBeam offered yoga and Tai Chi classes, incentive-based fitness challenges, and chair massage during the COVID-19 pandemic lockdown.
Complementary and Alternative Medicine for Anti Aging & Longevity Market Report Coverage
| Report Scope | Details |
| Market Size | US$ 190.02 billion by 2030 |
| Growth Rate | CAGR of 23.2% From 2022 to 2030 |
| Largest Market | Europe |
| Base Year | 2021 |
| Forecast Period | 2022 to 2030 |
| Segments Covered | Intervention, Customer |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Companies Mentioned | Anadolu Medical Center, Sinomedica, Acupuncture Enfants, Ayurveda Kuwait, Maya Reiki School, Maylilacs, Al Zuhair Holistic Medicine Center, Ayurmana By Dharma Ayurveda, Trinicum, Miskawaan Health Group, Therme Wien |
By Intervention Analysis
The traditional alternative medicine or botanicals segment accounted for the largest revenue share of over 30.0% in 2020. As the regulatory guidelines to start a business in this market are relatively relaxed than pharmaceutical companies, key players are interested in investments in CAM therapies.
Tai Chi is a form of relaxation exercise that helps improve stability, balance, and flexibility in older people, particularly patients with Parkinson’s disease. According to a research article published in 2021.
Technological advancements in sensory healing are boosting segment growth. For instance, HUSO is a sound healing system that employs acupuncture meridians to manage and harmonize the body along with a tone that deals with stress and toxic electromagnetic fields.
The increasing consumer awareness regarding the benefits of CAM products and the rising adoption of new sensory healing technology in hospitals and clinics are anticipated to drive the market. However
By Customer Analysis
The others segment dominated the market and held a revenue share of over 90.0% in 2020. The high net worth (HNW) individuals segment held the second-largest revenue share in 2020.
The segment is also projected to register the fastest growth rate from 2021 to 2030. An individual with a net worth between USD 1 to 5 million falls under this category.
The out-of-pocket expenditure on complementary medicine and therapies discourage low- and middle-income households to enter the market.
Rising income level in the economies is anticipated to drive the high net worth (HNW) individuals segment since various emerging economies consider CAM products for antiaging and longevity as luxurious and undermine the need for them. The strong economic growth in the household is a key determinate in complementary and alternative medicine for antiaging and longevity.
By Regional Analysis
Europe dominated the global market and accounted for a revenue share of over 30.0% in 2020.CAM has gained immense popularity and acceptance in Europe.CAM usage is more prevalent among women, well-educated individuals, and middle-aged people. In terms of health determinants, musculoskeletal problems are the most common conditions treated with CAM.
The Middle East and Africa region are expected to witness the fastest growth over the forecast period. The long history of using several spiritual techniques along with using herbal medicines for the treatment of various disorders is the key factor expected to drive the regional market during the forecast period.
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Major Key Players Covered in The Complementary and Alternative Medicine for Anti Aging & Longevity Market Report include
- Anadolu Medical Center
- Sinomedica
- Acupuncture Enfants
- Ayurveda Kuwait
- Maya Reiki School
- Maylilacs
- Al Zuhair Holistic Medicine Center
- Ayurmana By Dharma Ayurveda
- Trinicum
- Miskawaan Health Group
- Therme Wien
Complementary and Alternative Medicine for Anti Aging & Longevity Market Segmentation
- By Intervention
- Traditional Alternative Medicine/Botanicals
- Ayurveda
- Naturopathic Medicine
- Traditional Chinese Medicine
- Zang Fu Theory
- Others
- Body Healing
- Yoga
- Acupuncture & Massage
- Chiropractic
- Qigong & Tai chi
- Kinesiology
- Reflexology
- Eurythmy
- Others
- Mind Healing
- Meditation & Mindfulness
- Relaxation
- Others
- External Energy Healing
- Magnetic & Electromagnetic therapy
- Chakra healing
- Reiki
- Others
- Sensory Healing
- Aromatherapy
- Sound healing
- Traditional Alternative Medicine/Botanicals
- By Customer
- High Net Worth (HNW) Individuals
- Very High Net Worth (VHNW) Individuals
- Ultra-high Net Worth (UHNW) Individuals
- Others
- Regional
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Switzerland
- Austria
- Asia Pacific
- Japan
- China
- India
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- UAE
- Bahrain
- Kuwait
- Qatar
- Saudi Arabia
- North America
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Complementary and Alternative Medicine for Anti Aging & Longevity Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Complementary and Alternative Medicine for Anti Aging & Longevity Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Complementary and Alternative Medicine for Anti Aging & Longevity Market, By Intervention
7.1. Complementary and Alternative Medicine for Anti Aging & Longevity Market, by Intervention, 2021-2030
7.1.1. Traditional Alternative Medicine/Botanicals
7.1.1.1. Market Revenue and Forecast (2017-2030)
7.1.2. Body Healing
7.1.2.1. Market Revenue and Forecast (2017-2030)
7.1.3. Mind Healing
7.1.3.1. Market Revenue and Forecast (2017-2030)
7.1.4. External Energy Healing
7.1.4.1. Market Revenue and Forecast (2017-2030)
7.1.5. Sensory Healing
7.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 8. Global Complementary and Alternative Medicine for Anti Aging & Longevity Market, By Customer
8.1. Complementary and Alternative Medicine for Anti Aging & Longevity Market, by Customer, 2021-2030
8.1.1. High Net Worth (HNW) Individuals
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Very High Net Worth (VHNW) Individuals
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Ultra-high Net Worth (UHNW) Individuals
8.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Complementary and Alternative Medicine for Anti Aging & Longevity Market, Regional Estimates and Trend Forecast
9.1. North America
9.1.1. Market Revenue and Forecast, by Intervention (2017-2030)
9.1.2. Market Revenue and Forecast, by Customer (2017-2030)
9.1.3. U.S.
9.1.3.1. Market Revenue and Forecast, by Intervention (2017-2030)
9.1.3.2. Market Revenue and Forecast, by Customer (2017-2030)
9.1.4. Rest of North America
9.1.4.1. Market Revenue and Forecast, by Intervention (2017-2030)
9.1.4.2. Market Revenue and Forecast, by Customer (2017-2030)
9.2. Europe
9.2.1. Market Revenue and Forecast, by Intervention (2017-2030)
9.2.2. Market Revenue and Forecast, by Customer (2017-2030)
9.2.3. UK
9.2.3.1. Market Revenue and Forecast, by Intervention (2017-2030)
9.2.3.2. Market Revenue and Forecast, by Customer (2017-2030)
9.2.4. Germany
9.2.4.1. Market Revenue and Forecast, by Intervention (2017-2030)
9.2.4.2. Market Revenue and Forecast, by Customer (2017-2030)
9.2.5. France
9.2.5.1. Market Revenue and Forecast, by Intervention (2017-2030)
9.2.5.2. Market Revenue and Forecast, by Customer (2017-2030)
9.2.6. Rest of Europe
9.2.6.1. Market Revenue and Forecast, by Intervention (2017-2030)
9.2.6.2. Market Revenue and Forecast, by Customer (2017-2030)
9.3. APAC
9.3.1. Market Revenue and Forecast, by Intervention (2017-2030)
9.3.2. Market Revenue and Forecast, by Customer (2017-2030)
9.3.3. India
9.3.3.1. Market Revenue and Forecast, by Intervention (2017-2030)
9.3.3.2. Market Revenue and Forecast, by Customer (2017-2030)
9.3.4. China
9.3.4.1. Market Revenue and Forecast, by Intervention (2017-2030)
9.3.4.2. Market Revenue and Forecast, by Customer (2017-2030)
9.3.5. Japan
9.3.5.1. Market Revenue and Forecast, by Intervention (2017-2030)
9.3.5.2. Market Revenue and Forecast, by Customer (2017-2030)
9.3.6. Rest of APAC
9.3.6.1. Market Revenue and Forecast, by Intervention (2017-2030)
9.3.6.2. Market Revenue and Forecast, by Customer (2017-2030)
9.4. MEA
9.4.1. Market Revenue and Forecast, by Intervention (2017-2030)
9.4.2. Market Revenue and Forecast, by Customer (2017-2030)
9.4.3. GCC
9.4.3.1. Market Revenue and Forecast, by Intervention (2017-2030)
9.4.3.2. Market Revenue and Forecast, by Customer (2017-2030)
9.4.4. North Africa
9.4.4.1. Market Revenue and Forecast, by Intervention (2017-2030)
9.4.4.2. Market Revenue and Forecast, by Customer (2017-2030)
9.4.5. South Africa
9.4.5.1. Market Revenue and Forecast, by Intervention (2017-2030)
9.4.5.2. Market Revenue and Forecast, by Customer (2017-2030)
9.4.6. Rest of MEA
9.4.6.1. Market Revenue and Forecast, by Intervention (2017-2030)
9.4.6.2. Market Revenue and Forecast, by Customer (2017-2030)
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Intervention (2017-2030)
9.5.2. Market Revenue and Forecast, by Customer (2017-2030)
9.5.3. Brazil
9.5.3.1. Market Revenue and Forecast, by Intervention (2017-2030)
9.5.3.2. Market Revenue and Forecast, by Customer (2017-2030)
9.5.4. Rest of LATAM
9.5.4.1. Market Revenue and Forecast, by Intervention (2017-2030)
9.5.4.2. Market Revenue and Forecast, by Customer (2017-2030)
Chapter 10. Company Profiles
10.1. Anadolu Medical Center
10.1.1. Company Overview
10.1.2. Intervention Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. Sinomedica
10.2.1. Company Overview
10.2.2. Intervention Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. Acupuncture Enfants
10.3.1. Company Overview
10.3.2. Intervention Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. Ayurveda Kuwait
10.4.1. Company Overview
10.4.2. Intervention Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. Maya Reiki School
10.5.1. Company Overview
10.5.2. Intervention Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. Maylilacs
10.6.1. Company Overview
10.6.2. Intervention Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. Al Zuhair Holistic Medicine Center
10.7.1. Company Overview
10.7.2. Intervention Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. Ayurmana By Dharma Ayurveda
10.8.1. Company Overview
10.8.2. Intervention Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. Trinicum
10.9.1. Company Overview
10.9.2. Intervention Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives
10.10. Miskawaan Health Group
10.10.1. Company Overview
10.10.2. Intervention Offerings
10.10.3. Financial Performance
10.10.4. Recent Initiatives
Chapter 11. Research Methodology
11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions
Chapter 12. Appendix
12.1. About Us
Glossary of Terms
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