Italy Complementary And Alternative Medicine For Anti Aging & Longevity Market Size & Outlook
Italy complementary and alternative medicine for anti aging & longevity market, 2018-2030 (US$M)
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Italy complementary and alternative medicine for anti aging & longevity market highlights
- The Italy complementary and alternative medicine for anti aging & longevity market generated a revenue of USD 1,088.9 million in 2023 and is expected to reach USD 4,706.6 million by 2030.
- The Italy market is expected to grow at a CAGR of 23.3% from 2024 to 2030.
- In terms of segment, traditional alternative medicine/botanicals was the largest revenue generating intervention in 2023.
- Mind Healing is the most lucrative intervention segment registering the fastest growth during the forecast period.
Complementary and alternative medicine for anti aging & longevity market data book summary
| Market revenue in 2023 | USD 1,088.9 million |
| Market revenue in 2030 | USD 4,706.6 million |
| Growth rate | 23.3% (CAGR from 2023 to 2030) |
| Largest segment | Traditional alternative medicine/botanicals |
| Fastest growing segment | Mind Healing |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Traditional Alternative Medicine/Botanicals, Body Healing, Mind Healing, External Energy Healing, Sensory Healing |
| Key market players worldwide | Anadolu Medical Center, Sinomedica, acupuncture.com, THERME WIEN, Elixir Medical, Transform Health, SEVA Experience, Spine & Joint Centre, Clinic Les Alpes, Bionorica SE, Terme di Riolo, Miskawaan Health Group |
Other key industry trends
- In terms of revenue, Italy accounted for 1.7% of the global complementary and alternative medicine for anti aging & longevity market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany complementary and alternative medicine for anti aging & longevity market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 19,575.0 million by 2030.
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Complementary And Alternative Medicine For Anti Aging & Longevity Market Scope
Complementary And Alternative Medicine For Anti Aging & Longevity Market Companies
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Italy complementary and alternative medicine for anti aging & longevity market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to complementary and alternative medicine for anti aging & longevity market will help companies and investors design strategic landscapes.
Traditional alternative medicine/botanicals was the largest segment with a revenue share of 33.11% in 2023. Horizon Databook has segmented the Italy complementary and alternative medicine for anti aging & longevity market based on traditional alternative medicine/botanicals, body healing, mind healing, external energy healing, sensory healing covering the revenue growth of each sub-segment from 2018 to 2030.
Various regions across Italy are making efforts to increase the use of CAM in healthcare Despite the Government Act of 2001, which excluded acupuncture, phytotherapy, homeopathy, and other CAM modalities from the Essential Assistance Level (LEA) of basic healthcare, certain regions like Tuscany, Bolzano, Umbria, and Valle d'Aosta have taken steps to incorporate CAM into their regional healthcare systems.
The demand for complementary and alternative approaches to antiaging & longevity is significantly increasing in Italy due to factors such as increasing elderly population, integration with conventional medicine for better results, growing consumer awareness, and rising research-based evidence about the benefits of CAM therapies.
According to the World Bank, the number of people aged 65 and above in Italy increased from 13.77 million in 2019 to 14.17 million in 2022. The rising elderly population is driving demand for preventive healthcare and complementary & alternative approaches for extending life.
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Our clientele includes a mix of complementary and alternative medicine for anti aging & longevity market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy complementary and alternative medicine for anti aging & longevity market , including forecasts for subscribers. This country databook contains high-level insights into Italy complementary and alternative medicine for anti aging & longevity market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy complementary and alternative medicine for anti aging & longevity market size, by intervention, 2018-2030 (US$M)
Italy Complementary And Alternative Medicine For Anti Aging & Longevity Market Outlook Share, 2023 & 2030 (US$M)
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