U.S. Complementary And Alternative Medicine For Anti Aging & Longevity Market Size & Outlook
U.S. complementary and alternative medicine for anti aging & longevity market, 2018-2030 (US$M)
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U.S. complementary and alternative medicine for anti aging & longevity market highlights
- The U.S. complementary and alternative medicine for anti aging & longevity market generated a revenue of USD 11,714.0 million in 2023 and is expected to reach USD 56,407.1 million by 2030.
- The U.S. market is expected to grow at a CAGR of 25.2% 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 11,714.0 million |
| Market revenue in 2030 | USD 56,407.1 million |
| Growth rate | 25.2% (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, U.S. accounted for 18.0% 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 North America, U.S. complementary and alternative medicine for anti aging & longevity market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 15,329.1 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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U.S. 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 U.S. 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.
This can be attributed to several market drivers and emerging trends, such as increasing awareness & demand for traditional medicines, rising healthcare costs for conventional therapies, and high cultural diversity in the country promoting different types of traditional healing practices and government initiatives encouraging regulation for CAM.
According to an article published by the Epidemiologia in 2023, an estimated 75% of people in the U.S. have used some form of CAM at least once in their lifetime. The widespread popularity of dietary supplements and CAM are expected to drive market growth.
For instance, in November 2021, AcuCongress and American Alliance of Acupuncture collaborated to advance the federal acupuncture legislation to educate the members of Congress on the profits of acupuncture for patients and the U.S. healthcare system.
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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 U.S. complementary and alternative medicine for anti aging & longevity market , including forecasts for subscribers. This country databook contains high-level insights into U.S. 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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U.S. complementary and alternative medicine for anti aging & longevity market size, by intervention, 2018-2030 (US$M)
U.S. Complementary And Alternative Medicine For Anti Aging & Longevity Market Outlook Share, 2023 & 2030 (US$M)
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