North America Complementary And Alternative Medicine For Anti Aging & Longevity Market Size & Outlook
North America complementary and alternative medicine for anti aging & longevity market, 2018-2030 (US$M)
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North America complementary and alternative medicine for anti aging & longevity market highlights
- The North America complementary and alternative medicine for anti aging & longevity market generated a revenue of USD 14,529.8 million in 2023.
- The market is expected to grow at a CAGR of 25.6% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 14,529.8 million |
| Market revenue in 2030 | USD 71,736.2 million |
| Growth rate | 25.6% (CAGR from 2023 to 2030) |
| Largest segment | Traditional alternative medicine/botanicals |
| Fastest growing segment | Mind Healing |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, North America region accounted for 22.3% of the global complementary and alternative medicine for anti aging & longevity market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 37,794.2 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
| Name | Profile | # Employees | HQ | Website |
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North America 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 33.06% in 2023. Horizon Databook has segmented the North America 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.
Complementary and Alternative Medicine (CAM) for antiaging & longevity in North America is increasingly gaining popularity. Interventions such as yoga, acupuncture, massage, and chiropractic are witnessing adoption at a fast rate and gaining popularity due to increasing awareness of antiaging and longevity interventions, a growing elderly population, and high disposable income.
According to the World Bank, number of people aged 65 and above in North America increased from 58.46 million in 2019 to 64.50 million in 2022. The rapidly aging population is expected to drive the North America complementary and alternative medicine for antiaging & longevity market growth.
This can be attributed to factors such as increasing awareness & acceptance of holistic approaches to health & wellness, rising healthcare costs for conventional therapies, and high cultural diversity in the country promoting different types of traditional healing practices.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America complementary and alternative medicine for anti aging & longevity market , including forecasts for subscribers. This continent databook contains high-level insights into North America 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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North America complementary and alternative medicine for anti aging & longevity market size, by country, 2018-2030 (US$M)
North America Complementary And Alternative Medicine For Anti Aging & Longevity Market Outlook Share, 2023 & 2030 (US$M)
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