Summary

The Integrative Medicine market is expected to grow at a strong CAGR of around 22% during the forecast period. Integrative medicine is an approach to healthcare that combines conventional Western medicine with alternative and complementary therapies. It is based on the principle that a person's health is influenced by a range of factors, including physical, emotional, and spiritual health, and that these factors are interconnected. Integrative medicine aims to treat the whole person, not just the symptoms of a disease, by addressing the underlying causes of illness and promoting overall wellness. Further, the increased adoption of yoga for body relaxation activities are an important factor for the market growth of integrative medicines. For instance, an estimated 34.4 million people practice yoga in America.

Some of the major players operating in the market include Columbia Nutritional; Nordic Pharmaceuticals Ltd.; Ramamani Iyengar Memorial Yoga Institute.; The Healing Company; Unity Woods Yoga; Ayush Ayurveda; Dabur India Ltd; Pure Encapsulations, LLC.; Herb Pharm.; and Rocky Mountain Oils, LLC Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.

Insights Presented in the Report
“Amongst intervention, the mind healing segment is expected to witness fast growth during the forecast period.”
Based on intervention, the market is segmented into botanicals, body healing, mind healing, external energy, and sensory healing. The mind healing segment is expected to grow with the highest CAGR during the forecast period. Mind healing is strategies outlined to improve the mind's positive effect on the body. These strategies hones incorporate behavioral, mental, social, expressive, and otherworldly approaches. The rising incidences of depression and anxiety are the major factor that is responsible for the fast growth of the segment. For instance, as per the CDC, Generalized Anxiety Disorder (GAD) influences 6.8 million grown-ups or 3.1% of the U.S. populace, however as it were 43.2% are getting treatment.

“Amongst distribution channel, the direct sales segment held a dominant share in 2021”
Based on the distribution channel, the market is segmented into direct sales, e-sales, and distance correspondence. The direct sales segment held a dominant share in 2021. Direct sales are particularly popular in the integrative medicine market because many consumers are looking for natural and alternative therapies to complement or replace traditional medicine. Direct sales allow companies to market their products directly to consumers, educate them about the benefits of natural products, and build a loyal customer base. These are the reasons that are responsible for the high share of the segment in the market.

“Asia Pacific is expected to grow with the highest CAGR integrative medicine market during the forecast period.”
The Asia Pacific is expected to grow with the highest CAGR integrative medicine market during the forecast period. This is mainly due to increasing demand for alternative and complementary therapies, as well as a growing interest in natural and holistic approaches to healthcare. Countries such as China, India, and Japan have a long history of using traditional medicine and have developed their own unique approaches to integrative medicine. For example, traditional Chinese medicine (TCM) is widely practiced in China and has gained popularity in other parts of the world as well. In India, Ayurvedic medicine is a popular traditional practice that incorporates herbs, diet, and lifestyle changes.

Reasons to buy this report:
• The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
• The report presents a quick review of overall industry performance at one glance.
• The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolios, expansion strategies, and recent developments.
• Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
• The study comprehensively covers the market across different segments.
• Deep dive regional level analysis of the industry.

Customization Options:
The global Integrative Medicine market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.

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