North America Complementary And Alternative Medicine Market Size & Outlook
North America complementary and alternative medicine market, 2018-2030 (US$M)
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North America complementary and alternative medicine market highlights
- The North America complementary and alternative medicine market generated a revenue of USD 30,674.0 million in 2023.
- The market is expected to grow at a CAGR of 23.8% 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 30,674.0 million |
| Market revenue in 2030 | USD 137,071.8 million |
| Growth rate | 23.8% (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, Mind Healing, Body Healing, External Energy, Sensory Healing |
| Key market players worldwide | Columbia Nutritional, Nordic Naturals, The Healing Co Inc, Nestle SA, Unity Woods Yoga Center, Herb Pharm |
Other key industry trends
- In terms of revenue, North America region accounted for 21.2% of the global complementary and alternative medicine market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 233,460.8 million by 2030.
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Complementary And Alternative Medicine Market Scope
Complementary And Alternative Medicine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America complementary and alternative medicine 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 market will help companies and investors design strategic landscapes.
Traditional alternative medicine/botanicals was the largest segment with a revenue share of 34.65% in 2023. Horizon Databook has segmented the North America complementary and alternative medicine market based on traditional alternative medicine/botanicals, mind healing, body healing, external energy, sensory healing covering the revenue growth of each sub-segment from 2018 to 2030.
- North America Complementary And Alternative Medicine Intervention Outlook (Revenue, USD Million, 2018-2030)
- Traditional Alternative Medicine/Botanicals
- Ayurveda
- Apitherapy
- Bach Flower Therapy
- Naturopathic Medicine
- Traditional Chinese Medicine
- Traditional Korean Medicine
- Traditional Japanese Medicine
- Traditional Mongolian Medicine
- Traditional Tibetan Medicine
- Zang Fu Theory
- Mind Healing
- Autosuggestion
- Hypnotherapy
- Neuro-linguistic Programming
- Self-hypnosis
- Spiritual Mind Treatment
- Transcendental Meditation
- Body Healing
- Acupressure
- Acupuncture
- Alexander Technique
- Auriculotherapy
- Autogenic Training
- Chiropractic
- Cupping Therapy
- Kinesiology
- Osteomyology
- Osteopathy
- Pilates
- Qigong
- Reflexology
- Yoga
- External Energy
- Magnetic Therapy
- Bio-magnetic Therapy
- Magnetic Resonance Therapy
- Radionics
- Reiki
- Therapeutic Touch
- Chakra Healing
- Magnetic Therapy
- Sensory Healing
- Aromatherapy
- Music therapy
- Sonopuncture
- Sound Therapy
- Traditional Alternative Medicine/Botanicals
- North America Complementary And Alternative Medicine Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Direct Sales
- E-sales
- Distance Correspondence
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Target buyers of North America complementary and alternative medicine market databook
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Our clientele includes a mix of complementary and alternative medicine 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 continent-level data and insights on the North America complementary and alternative medicine market , including forecasts for subscribers. This continent databook contains high-level insights into North America complementary and alternative medicine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
North America complementary and alternative medicine market size, by country, 2018-2030 (US$M)
North America Complementary And Alternative Medicine Market Outlook Share, 2023 & 2030 (US$M)
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