The report covers the forecast and analysis of the Brazil Complementary and Alternative Medicine market. The study provides historical data from 2015 to 2018 along with a forecast from 2019 to 2027 based on revenue (USD Million). The study includes drivers and restraints of the Brazil Complementary and Alternative Medicine market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the Brazil Complementary and Alternative Medicine market.
In order to give the users of this report a comprehensive view of the Brazil Complementary and Alternative Medicine market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new service & product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market.
The study provides a decisive view of the Brazil Complementary and Alternative Medicine market by segmenting the market based on type, age group, disease indications, distribution channel, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2027.
A combination of various technologies will pave the way for the market growth in Brazil over the forecast timeline. Moreover, the occurrence of non-contagious ailments like heart disorders, high blood pressure, diabetes, and depression will propel the market growth during the period from 2019 to 2027. In addition to this, the complementary & alternative drugs approach for treating these non-communicable ailments will create lucrative growth avenues for the industry in other developing regions also. Apart from this, the integration of therapies like acupuncture and magnetic interventions will further boost the complementary and alternative medicine industry in Brazil.
Based on the type, the market for complementary and alternative medicine in Brazil is divided into Traditional Alternate Medicine Therapy, Diet and Herbal Based Therapy, Mind Therapy, Body Therapy, and Energy Healing Therapy. In terms of age group, the industry is classified into Infant, Adults, Adolescent, and the Elderly. On the basis of disease indications, the market is divided into Arthritis, Neurology, Cancer, Cardiology, Asthma, and Diabetes. In terms of distribution channel, the market is segmented into Direct Sales, Distance Correspondence, and E-Distribution.
Report Attribute |
Details |
Market Size in 2018 |
USD 2,498 million |
Projected Market Size in 2027 |
USD 9,759 million |
CAGR Growth Rate |
16.4% CAGR |
Base Year |
2018 |
Forecast Years |
2019-2027 |
Key Market Players |
Optum, Inc., Aché, Quantum-Touch, and Herboflora. |
Key Segment |
By Type, By Age, By Disease Indications, By Distribution Channel, and By Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
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