Home Pharmaceuticals Complementary and Alternative Medicine Market Size & Demand By 2033

Complementary and Alternative Medicine Market Size, Share & Trends Analysis Report By Intervention (Traditional Alternative Medicine/Botanicals, Mind Healing, Body Healing, External Energy, Aromatherapy), By Disease Indication (Cancer, Arthritis, Diabetes, Cardiovascular, Neurology, Others), By Distribution Channel (Direct Sales, Online Sales, Distance Correspondence) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2025-2033

Report Code: SRPH56516DR
Last Updated : Oct 25, 2024
Author : Straits Research
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Complementary and Alternative Medicine Market Size

The global complementary and alternative medicine market size was valued at USD 179.17 billion in 2024 and is projected to reach from USD 197.76 billion in 2025 to USD 795.78 billion by 2033, exhibiting a CAGR of 20.5% during the forecast period (2025-2033).

Complementary and alternative medicine (CAM) is becoming increasingly essential in today’s healthcare landscape for several reasons. One of the primary advantages of CAM is its holistic approach, which focuses on treating the whole person—mind, body, and spirit—rather than merely addressing specific symptoms or diseases.

This comprehensive perspective can improve overall well-being while empowering patients to actively participate in their healthcare decisions. CAM is particularly valuable in managing chronic conditions where conventional medicine may not provide sufficient relief. By offering alternative solutions, such as acupuncture, herbal remedies, or mindfulness practices, CAM helps address long-term health challenges.

Moreover, CAM embraces cultural diversity by incorporating traditional healing practices that resonate with different populations, making it accessible and relevant across various communities. The wellness industry is responding to this growing demand by expanding its offerings.

  • For example, in October 2023, Coworth Park introduced a new Hebridean sound treatment that provides a calming sound therapy experience designed to promote relaxation and revitalization. This innovation highlights the industry’s commitment to holistic well-being and reflects the trend of companies enhancing their wellness experiences to meet customer needs.

Below is the table that represents weighted estimates for the use of CAM across various surveyed countries.

Country

Weighted Percentage

Germany

39.5

Switzerland

39.4

Austria

35.5

Estonia

35.1

Finland

35.3

Denmark

32.1

Lithuania

32.9

This table shows that the usage rates of CAM services are approximately 40% in Germany and Switzerland.

Source: National Library of Medicine, Straits Research

Complementary and Alternative Medicine Market Trends

Rising penetration of the internet and social media

The increasing penetration of the internet and social media has bolstered the CAM market by raising awareness and accessibility to various therapies. Platforms like Instagram and YouTube allow practitioners to market their services effectively, while virtual communities connect people with shared interests in CAM. The introduction of innovative technologies, such as virtual reality, has further enhanced treatment methods, making it easier to engage with patients remotely. 

Telehealth is another breakthrough, enabling access to CAM therapies from home and overcoming geographical limitations.

  • For example, according to the International Telecommunication Union (ITU), 67% of the global population, or about 5.4 billion people, used the internet in 2023, marking a 45% increase from 2018. This expanding digital ecosystem has pushed CAM into mainstream health practices, driving its market growth.

Growing health consciousness

A key market trend is the notable shift in public awareness towards health and wellness, with individuals prioritizing preventive care and a holistic approach to health. This growing consciousness encourages people to explore alternative therapies that focus on prevention and lifestyle modification rather than just symptom management. Practices such as yoga, meditation, and dietary changes are becoming more popular as individuals seek to enhance their overall health and prevent chronic diseases.

  • For instance, in October 2022, according to a poll conducted by OnePoll and commissioned by Nutrisystem, 71% of Americans reported being more health-conscious post-pandemic. The survey included 2,002 U.S. adults aged 30 and above.

The public's increasing focus on preventive care is expanding the appeal and adoption of alternative medicine practices globally.


Complementary and Alternative Medicine Market Growth Factors

Increasing rates of chronic pain

The rising rates of chronic pain, combined with a growing search for non-pharmaceutical treatment options, are significantly boosting the market growth. As more individuals seek holistic and effective ways to manage their pain, complementary and alternative therapy, such as acupuncture, stands out as a valuable addition to the landscape of pain management solutions.

This encourages practitioners, researchers, and health organizations to enhance awareness, accessibility, and acceptance of complementary medicines and therapy as a viable therapeutic option for chronic pain relief.

  • For instance, according to a report from the CDC, in 2021, approximately 20.9% of U.S. adults (about 51.6 million individuals) experienced chronic pain, and 6.9% (around 17.1 million individuals) experienced high-impact chronic pain.

Such conditions continue to drive CAM adoption as a viable therapeutic option.

Integration with conventional medicine

The integration of CAM with conventional healthcare is becoming more prevalent, helping to expand the CAM market. Many healthcare institutions now recognize the benefits of combining complementary therapies with traditional medical treatments, resulting in integrative medicine programs that offer patients more comprehensive care. These programs enhance the credibility and acceptance of CAM among both healthcare providers and patients.

In some regions, initiatives by organizations like the National Medical Commission (NMC) have supported this integration, promoting collaboration between conventional and alternative practices, which contributes to the market's growth.

Market Restraints

Limited insurance coverage restricts access to CAM services

A key restraint in the global market is the limited insurance coverage, which significantly hinders access to CAM services. Many insurance plans do not cover therapies like acupuncture, chiropractic care, herbal medicine, and other holistic treatments, limiting their affordability and accessibility for a broad range of consumers. This lack of coverage creates a financial barrier for individuals who could otherwise benefit from these therapies, particularly for managing chronic conditions or enhancing overall well-being.

As a result, potential patients may avoid or delay seeking CAM treatments due to out-of-pocket expenses, which restricts market growth and broader acceptance of alternative therapies. Addressing this gap in insurance coverage remains a crucial challenge for the CAM market in expanding its reach and fully meeting consumer demand.

Market Opportunities

Advancements in research and development for women’s health

Advancements in research and development (R&D) for women’s health offer significant opportunities in the global market. The rising demand for personalized and holistic healthcare solutions has opened the door for companies to innovate in women's wellness, an area with growing consumer interest. By focusing on alternative therapies and natural health products tailored to women's unique needs, businesses can capitalize on this expanding market segment.

  • For example, in March 2023, Gynovedasecured USD 10 million in funding to boost its R&D efforts. The company is working to develop Ayurvedic products specifically designed for women’s health by combining traditional Ayurvedic practices with modern scientific research.

This strategic approach positions Gynoveda to address individual health requirements, offering natural, effective solutions that resonate with the growing demand for holistic care and highlighting the potential for growth in the CAM market through targeted R&D initiatives.

Study Period 2021-2033 CAGR 20.5%
Historical Period 2021-2023 Forecast Period 2025-2033
Base Year 2024 Base Year Market Size USD 179.17 billion
Forecast Year 2033 Forecast Year Market Size USD 795.78 billion
Largest Market Europe Fastest Growing Market Asia-Pacific
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Regional Insights

Europe: Dominant region with a 33.98% share in the market

Europe holds a leading position in the global complementary and alternative medicine market. Various European governmental plans and strategies are in place to integrate traditional therapies into cancer treatment.

  • For instance, in November 2021, a recent EURACTIV event focused on “Integrative Oncology,” stakeholders emphasized the potential benefits of incorporating complementary therapies into the EU’s ambitious cancer strategy.

  • Currently, around 40% of cancer patients in the EU utilize complementary therapies alongside their conventional treatments, highlighting a strong demand for greater availability of these options.

Additionally, the European Commission’s Beating Cancer Plan was designed to enhance the quality of life for the 3.5 million individuals diagnosed with cancer each year by integrating complementary therapies, such as acupuncture, herbal medicine, and nutritional support, with conventional treatments like chemotherapy and radiotherapy. This approach helps alleviate side effects and improve overall patient well-being.Bottom of Form

Asia Pacific: Fastest growing region with the highest market CAGR

In the Asia-Pacific region, the market is expected to grow due to the rising health consciousness among the population, coupled with the increasing incidence of chronic diseases, which is driving demand for CAM therapies. Consumers are increasingly seeking holistic and preventive healthcare solutions, further propelling market growth.

  • For instance, in September 2023, the National Medical Commission (NMC) proposed several initiatives to promote the integration of traditional and modern medical practices.

1. NMC has mandated that every medical college establish a 'Department of Integrative Medicine Research' to foster collaboration between modern medicine and traditional systems like homeopathy and Ayurveda.

2. The commission introduced a requirement for undergraduate students and faculty to engage in yoga as a mandatory practice for ten days each year, promoting holistic health and well-being.

3. The NMC recommended that MBBS students complete a one-week internship in AYUSH (Ayurveda, Yoga, Unani, Siddha, and Homeopathy) systems within homeopathy colleges, providing valuable exposure to alternative therapies.

These initiatives aim to enhance the integration of complementary therapies into mainstream medical education and practice.

Country Insights

Various factors across different countries, including cultural attitudes toward health, regulatory frameworks, and the integration of CAM practices within mainstream healthcare, influence the market.

Below is the analysis of key countries impacting the market:

  • U.S.- In the U.S., companies are increasingly focusing on innovative nutritional supplements to address growing consumer health needs. For example, in February 2023, NatureKue launched Nafliva LiverSmart, a supplement designed to support liver health. This formulation combines the Deepure tea extract (derived from pu'er tea) with silybin from Milk Thistle, both known for their liver-protecting properties. Such innovations cater to a health-conscious market, driving the growth of CAM products.
  • Canada- In Canada, the market for complementary and alternative medicine is shaped by various factors, including public attitudes towards health and wellness. There is a significant interest in alternative therapies among the population. For instance, according to a recent study from UBC in September 2023, over 40% of individuals in Canada have utilized at least one risk-associated alternative healthcare treatment within the past year.
  • India- In India, the government is increasingly prioritizing the integration of traditional medicine into the healthcare system, recognizing its importance for holistic health and well-being. For instance, in November 2023, the World Health Organization (WHO) signed a multi-million-dollar, five-year agreement with the Ministry of AYUSH, Government of India, to enhance traditional, complementary, and integrative medicine (TCI) worldwide.This collaboration aims to develop technical documents and integrate evidence-based TCI practices into national health systems, supporting universal health coverage.
  • Japan- Rising cases of chronic pain in Japan have spurred demand for acupuncture therapy as more individuals seek complementary treatments for pain management. Acupuncture is gaining greater acceptance for its effectiveness in alleviating various pain conditions. According to the Health and Global Policy Institute (March 2023), chronic pain affects approximately 22.5% of the adult population in Japan—around 23.15 million people—driving demand for alternative pain relief solutions.
  • Germany- Germany's market is expected to expand due to the increasing German population preferring CAM. In November 2021, as per NCBI surveys, over 50% of the German population experienced CAM or used it regularly. This study examined CAM usage and the related needs of hospitalized patients in university medical centers in Baden-Wurttemberg, Germany.
  • UK- The increasing incidence of cancer in the UK is driving growth in the CAM market, as many patients seek holistic therapies alongside conventional cancer treatments. Therapies such as acupuncture, herbal medicine, and nutritional support are gaining traction.

According to Macmillan Cancer Support (2021), approximately 393,000 people are diagnosed with cancer annually in the UK, with a new diagnosis occurring every 90 seconds, which underscores the rising demand for complementary treatments to manage symptoms and improve quality of life.

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Segmentation Analysis

By Intervention

The global market is bifurcated into traditional alternative medicine/botanicals, mind healing, body healing, external energy, and aromatherapy.

The traditional alIernative medicine/botanicals segment dominates the global market as consumers increasingly seek natural remedies. Companies are expanding their offerings to include herbal supplements like ashwagandha, echinacea, and turmeric. This segment is further divided into ayurveda, naturopathic medicine, and traditional Chinese medicine, among others.

Government support also contributes to this segment's growth, highlighting the global recognition of traditional medicine's value.

  • In August 2023, the WHO held its inaugural global summit on traditional medicine, bringing together international partners to discuss evidence-based strategies for enhancing healthcare. The summit emphasized integrating traditional and complementary medicine into mainstream systems, highlighting the importance of Ayurveda, yoga, and homeopathy.

By Disease Indication

The global market is segmented into cancer, arthritis, diabetes, cardiovascular, neurology, and others.

The cancer segment dominates the global market, holding the largest market revenue. Rising cancer prevalence globally drives demand for complementary treatments alongside conventional therapies, as many patients seek natural remedies to alleviate symptoms and improve overall well-being.

  • For instance, in 2023, the American Cancer Society estimated 1,958,310 new cancer cases and 609,820 cancer deaths in the U.S.

Moreover, growing research supporting the efficacy of alternative therapies for cancer management enhances patient confidence and acceptance.

By Distribution Channel

The global complementary and alternative medicine industry is divided into direct sales, online sales, and distance correspondence.

The direct sales segment dominates the global market, holding the largest market revenue attributed to consumer familiarity with personal consultations, which build trust and facilitate better education about products. Moreover, trends toward self-prescription reflect a preference for direct purchases, allowing consumers immediate access to complementary and alternative medicine products without the complexities of online navigation or delivery waiting times.

Market Size By Intervention

Market Size By Intervention
  • Traditional Alternative Medicine/Botanicals
  • Mind Healing
  • Body Healing
  • External Energy
  • Aromatherapy

  • List of key players in Complementary and Alternative Medicine Market

    1. Columbia Nutritional
    2. Nordic Nutraceuticals
    3. Ramamani Iyengar Memorial Yoga Institute
    4. The Healing Company Ltd.
    5. John Schumacher Unity Woods Yoga Centre
    6. Sheng Chang Pharmaceutical Company
    7. Pure Encapsulations, LLC.
    8. Herb Pharm
    9. AYUSH Ayurvedic Pte Ltd.
    10. Helio USA Inc.
    11. Herbal Hills
    12. Yoga Tree Studios, Inc.
    13. Body and Soul Yoga Club
    14. LKK Health Products Group Limited
    15. SHA Wellness Clinic

    Complementary and Alternative Medicine Market Share of Key Players

    Complementary and Alternative Medicine Market Share of Key Players

    Company Market Share

    Some of the key players operating in the CAM industry include John Schumacher Unity Woods Yoga Centre, Nordic Nutraceuticals, and Pure Encapsulations, LLC. These leading players are focusing on growth strategies, such as product and service launches, to capture a larger market share. Their efforts provide valuable market insights into emerging trends and consumer preferences, highlighting the potential for innovation and expansion in the CAM sector.

    SHA Wellness Clinic: An emerging player in the complementary and alternative medicine market

    SHA Wellness Clinic, established by Alfredo Bataller Parietti, emphasizes the transformative potential of nutrition and natural therapies, merging scientific and holistic approaches to health and wellness. SHA's mission is to enhance quality of life by providing personalized wellness programs designed to foster long-term well-being and vitality.

    Recent Developments

    • September 2024- SHA Wellness Clinic partnered with IMKAN to launch SHA Emirates Island at AlJurf, a wellness-focused residential development between Abu Dhabi and Dubai. The project aims to integrate health and well-being into every aspect of living, featuring luxury residences and access to extensive wellness programs.

    Analyst Opinion

    As per our analysts, the CAM market offers a lucrative investment opportunity, especially as the demand for holistic health solutions continues to rise. Consumers are increasingly seeking non-pharmaceutical and personalized care, driving interest in therapies like acupuncture, herbal treatments, and yoga. The market is also benefitting from greater integration of CAM into conventional healthcare, making these practices more accessible to patients dealing with chronic conditions.

    Investors should prioritize businesses that emphasize evidence-based CAM therapies, ensuring regulatory compliance to build trust with patients and healthcare professionals alike. With the global shift towards preventive care and wellness, CAM companies are well-positioned to deliver strong financial returns while advancing comprehensive healthcare solutions.

    This growing acceptance, especially in regions like the U.S., Europe, and parts of Asia, indicates that the CAM sector could see sustained growth over the next few years, making it a strategic focus for healthcare investment portfolios.


    Complementary and Alternative Medicine Market Segmentations

    By Intervention (2021-2033)

    • Traditional Alternative Medicine/Botanicals
    • Mind Healing
    • Body Healing
    • External Energy
    • Aromatherapy

    By Disease Indication (2021-2033)

    • Cancer
    • Arthritis
    • Diabetes
    • Cardiovascular
    • Neurology
    • Others

    By Distribution Channel (2021-2033)

    • Direct Sales
    • Online Sales
    • Distance Correspondence

    Frequently Asked Questions (FAQs)

    How much is the complementary and alternative medicine market worth?
    Straits research predicts that the global organoids market size was valued at USD 179.17 billion in 2024 and is projected to reach USD 795.78 billion by 2033
    The global market growth rate growing at a 20.5% from 2025 to 2033.
    Integration with conventional medicine, is a key growth factor driving advancements in organoids industry.
    Europe holds the largest market share in organoids industry
    Currently, the cancer segment dominates the market


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