UAE Complementary And Alternative Medicine For Anti Aging & Longevity Market Size & Outlook
UAE complementary and alternative medicine for anti aging & longevity market, 2018-2030 (US$M)
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UAE complementary and alternative medicine for anti aging & longevity market highlights
- The UAE complementary and alternative medicine for anti aging & longevity market generated a revenue of USD 817.5 million in 2023 and is expected to reach USD 4,002.1 million by 2030.
- The UAE market is expected to grow at a CAGR of 25.5% 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 817.5 million |
| Market revenue in 2030 | USD 4,002.1 million |
| Growth rate | 25.5% (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, UAE accounted for 1.3% 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 Middle East & Africa, South Africa complementary and alternative medicine for anti aging & longevity market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 9,480.3 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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UAE 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 33.22% in 2023. Horizon Databook has segmented the UAE 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 the UAE, complementary & traditional medicine is culturally acceptable and extensively utilized, primarily due to the belief that CAM is natural and thus better than conventional medicine. The UAE government & private organizations highly support increasing CAM research in the country and have undertaken various initiatives to propel the use of CAM in the region.
The UAE government approved homeopathy practices in the country in 2001, and the UAE Ministry of Health (MoH) recognizes & systematically regulates homeopathy. Both lay practitioners and medical doctors can practice homeopathy, provided they pass their MOH exam covering both homeopathy and medical science.
Generally, women are increasingly choosing homeopathic treatment, especially to cure several illnesses they suffer during pregnancy. Moreover, homeopathy showed incredible results in curing some of the common diseases prevalent in the UAE, such as anxiety, depression, child health ailments, and stress allergies.
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Target buyers of UAE complementary and alternative medicine for anti aging & longevity market databook
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE complementary and alternative medicine for anti aging & longevity market , including forecasts for subscribers. This country databook contains high-level insights into UAE 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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UAE complementary and alternative medicine for anti aging & longevity market size, by intervention, 2018-2030 (US$M)
UAE Complementary And Alternative Medicine For Anti Aging & Longevity Market Outlook Share, 2023 & 2030 (US$M)
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