Sweden Complementary And Alternative Medicine For Anti Aging & Longevity Market Size & Outlook
Sweden complementary and alternative medicine for anti aging & longevity market, 2018-2030 (US$M)
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Sweden complementary and alternative medicine for anti aging & longevity market highlights
- The Sweden complementary and alternative medicine for anti aging & longevity market generated a revenue of USD 380.4 million in 2023 and is expected to reach USD 1,666.3 million by 2030.
- The Sweden market is expected to grow at a CAGR of 23.5% 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 380.4 million |
| Market revenue in 2030 | USD 1,666.3 million |
| Growth rate | 23.5% (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, Sweden accounted for 0.6% 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
| Name | Profile | # Employees | HQ | Website |
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Sweden 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 33.15% in 2023. Horizon Databook has segmented the Sweden 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.
Some of the main factors contributing to the growth of CAM for antiaging and longevity in Sweden are the increasing demand due to an aging population, wide range of interventions available in the country, integration with conventional therapies, and rising awareness regarding natural approaches for wellness.
In Sweden, the most commonly used CAM therapy is massage, with approximately 57% of the people using it, followed by acupuncture and around 26% of the population using natural remedies. Moreover, the rising need for government regulations for CAM therapies is anticipated to fuel market growth.
For instance, the Swedish Parliament assigned the Commission on Alternative Medicine to investigate matters regarding the role of CAM in Swedish society. Moreover, the establishment of CAM research units and presence of courses provided at universities are expected to drive market growth.
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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 Sweden complementary and alternative medicine for anti aging & longevity market , including forecasts for subscribers. This country databook contains high-level insights into Sweden 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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Sweden complementary and alternative medicine for anti aging & longevity market size, by intervention, 2018-2030 (US$M)
Sweden Complementary And Alternative Medicine For Anti Aging & Longevity Market Outlook Share, 2023 & 2030 (US$M)
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