Preventive and Alternative Medicines
The global complementary and alternative medicine market size was valued at USD 117,210.3 million in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 25% from 2023 to 2030. According to Precedence Research, the global complementary and alternative medicine market size was estimated at USD 92.65 billion in 2021 and is anticipated to hit over USD 411.4 billion by 2030. The use of alternative medicine appears to be increasing in such fields as naturopathy, acupuncture, Ayurveda, Homeopathy, etc.