The Middle East complementary and alternative medicine market size was estimated at USD 12.26 billion in 2023 and is projected to grow at a CAGR of 22.77% from 2024 to 2030. This can be attributed to increasing demand for complementary and alternative medicines due to the rising consumer base, increasing awareness about the benefits of complementary and alternative medicines, and a comparatively less expensive alternative to traditional medicine.
Read More »July 8, 2024
The global complementary and alternative medicine for anti-aging & longevity market size was estimated at USD 63.60 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 21.5% from 2024 to 2030. The growth of the market is driven by increasing awareness of holistic wellbeing and a growing aging population.
Read More »January 2, 2024
The Europe complementary and alternative medicine market size was valued at USD 27.44 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 20.89% from 2021 to 2028. Complementary and alternative medicine (CAM) is considered a traditional treatment and the market is majorly driven by the growing awareness regarding the numerous associated benefits.
Read More »December 23, 2021
The global complementary and alternative medicine market size was valued at USD 144.68 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 25.3% from 2024 to 2030. The growing awareness regarding Complementary and Alternative Medicine (CAM), increasing disposable income, and government initiatives to boost CAM are some of the major factors driving the market growth.
Read More »January 18, 2024
The UAE complementary and alternative medicine market size was estimated at USD 2.99 billion in 2023 and is projected to grow at a CAGR of 11.94% from 2024 to 2030. The market growth can be attributed to the increasing demand for complementary and alternative medicine (CAM) therapy due to the rising incidence of chronic diseases across the UAE region. In addition, rising awareness about chronic disease among physicians & patients and increasing healthcare expenditure in various regions propel the overall market growth.
Read More »June 11, 2024
The U.S. complementary and alternative medicine market size was estimated at USD 28.1 billion in 2023 and is projected to grow at CAGR of 23.9% from 2024 to 2030. The increasing prevalence of chronic diseases, the growing demand for holistic health approaches, the increasing awareness, acceptance & improved accessibility, and affordability of CAM therapies are driving the growth in the U.S. According to the National Center for Complementary and Integrative Health survey published in 2022, over the past 20 years, the U.S. adults increased their overall use of complementary health approaches, specifically for managing pain.
Read More »June 26, 2024
The global personalized medicine market was valued at USD 529.28 billion in 2023 and is projected to grow at a CAGR of 8.20% from 2024 to 2030. The personalized medicine market is driven majorly by the growing demand for novel drug discovery to combat the rising incidence of cancers and other diseases across the globe.
Read More »June 20, 2024
The global DNA microarray market size was valued at USD 1,835.54 million in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 8.5% from 2023 to 2030. The rising prevalence of cancer, the rapidly evolving information & software technology, and emerging bioinformatics are the factors likely to drive the global DNA microarray market.
Read More »February 27, 2023
Solid organ transplantation has no alternative today. Despite the heavy research funding in artificial organs and xenotransplantation, the patients with organ failure are heavily dependent on solid organ transplantation. The transplantation is uncertain in so many ways which includes organ availability, compatibility, and then procedure success rate along with the complications related to organ rejection by the recipient body.
Read More »April 12, 2023
The global alternative lending platform market size was valued at USD 2.24 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 23.6% from 2022 to 2030. The alternative lenders can penetrate the market due to their ability to provide effective and efficient loan services to underserved firms and individuals.
Read More »July 26, 2022