Complementary And Alternative Medicine Market Projected To Expand At A CAGR Of 17.07% For The Forecast Period From 2019 To 2026 : Grand View Research Inc.
San Francisco, 8 July 2019: The Report Complementary and Alternative Medicine Market Size, Share & Trends Analysis Report By Intervention (Botanical, Acupuncture, Mind, Body, Yoga), By Distribution (Direct Contact, E-training), And Segment Forecasts, 2019 – 2026 The global complementary and alternative medicine market size is expected to generate a revenue of USD 210.81 billion by 2026, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 17.07% during the forecast period. Factors such as the increasing adoption and usage of natural supplements/wellness medicine coupled with government initiatives to promote adoption of the therapy is expected to create revenue generation avenues. Complementary and alternative forms of therapy are used in the treatment of chronic ailments, long-term pain among others and are also used for additional vitamins and other dietary supplementation of regular diet. Moreover, with considerable increase in