Market revenue in 2023 | USD 562.0 million |
Market revenue in 2030 | USD 2,319.3 million |
Growth rate | 22.4% (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 |
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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 33.19% in 2023. Horizon Databook has segmented the Thailand 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.
In Thailand, the government has promoted the adoption of CAM, such as Thai traditional medicine, Thai herbs, Thai massage, acupuncture, and cannabis. The country has allowed the use of medical cannabis since December 2018.
It has been reported in various studies and surveys that the country has a high utilization rate of CAM There is an increasing demand for wellness centers in the country due to increasing tourism.
In December 2020, a partnership between Thai-based M.K. Real Estate Development, VitalLife Scientific Wellness Clinic, and Minor Hotels Group launched RAKxa, an integrative wellness & medical retreat in Thailand. This resort was anticipated to provide tailored wellness programs that promote antiaging and longevity.
Horizon Databook provides a detailed overview of country-level data and insights on the Thailand complementary and alternative medicine for anti aging & longevity market , including forecasts for subscribers. This country databook contains high-level insights into Thailand 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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