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AYUSH and Alternative Medicine Market Size, Share Global Analysis Report, , 2019 – 2026
AYUSH and Alternative Medicine Market by Type (Acupuncture, Aroma Therapy, Ayurvedic Medicine, Herbal Medicine, Homeopathy, and Other Types), Distribution Channel (Direct Sales, E-Sales, and Distance Correspondence): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2026
Industry Insights
This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the AYUSH and Alternative Medicine industry. The report analyzes and declares the historical and current trends analysis of the AYUSH and Alternative Medicine industry and subsequently recommends the projected trends anticipated to be observed in the AYUSH and Alternative Medicine market during the upcoming years.
The AYUSH and Alternative Medicine market report analyzes and notifies the industry statistics at the global as well as regional and country levels to acquire a thorough perspective of the entire AYUSH and Alternative Medicine market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD 800 Million) from FY 2016 – 2026.
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the AYUSH and Alternative Medicine industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the AYUSH and Alternative Medicine industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the AYUSH and Alternative Medicine market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the AYUSH and Alternative Medicine industry. The AYUSH and Alternative Medicine market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the AYUSH and Alternative Medicine sector. Key strategic developments in the AYUSH and Alternative Medicine market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the AYUSH and Alternative Medicine market are appropriately highlighted in the report.
AYUSH implies a mix of an alternative arrangement of Medicine, which was prior known as the Indian System of Medicine. AYUSH incorporates Ayurveda, Yoga, and Naturopathy, Unani, Siddha, and Homeopathy. The target of AYUSH is to elevate clinical pluralism and to present methodologies for mainstreaming the indigenous frameworks of medication. In India, at the Union Government level, AYUSH exercises are facilitated by the Department of AYUSH under the Ministry of Health and Family Welfare. The vast majority of these clinical practices began in India and neighboring nations yet got embraced in India over the span of time. One of the central issues affecting the development of Indian AYUSH and an elective drug advertisement is the general view of treatment as an auxiliary source of medicine.
The worldwide AYUSH and Alternative Medicine industry has been segmented on the basis of type, distribution channel, and region. The type segment is classified into acupuncture, aromatherapy, ayurvedic medicine, herbal medicine, homeopathy, and other types. Additionally, the Distribution Channel segment is classified into direct sales, e-sales, and distance correspondence.
The major players operating in the market are
Report Scope
Report Attribute |
Details |
Market Size in 2020 |
USD 450 Million |
Projected Market Size in 2026 |
USD 800 Million |
CAGR Growth Rate |
8.6% CAGR |
Base Year |
2020 |
Forecast Years |
2020-2026 |
Key Market Players |
Sydler India Pvt Ltd, SBL Mathur, Patanjali, Hootone Remedies, Himalaya Wellness, Hamdard, GR Herbals, Ganga Pharmaceuticals, Dabur India, and Baidyanath. |
Key Segment |
By Type, By Distribution Channel, By Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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The taxonomy of the AYUSH and Alternative Medicine Market by its scope and segmentation is as follows:
The major players operating in the market are
- Sydler India Pvt Ltd
- SBL Mathur
- Patanjali
- Hootone Remedies
- Himalaya Wellness
- Hamdard
- GR Herbals
- Ganga Pharmaceuticals
- Dabur India
- Baidyanath.
Type Segment Analysis
- Acupuncture
- Aroma Therapy
- Ayurvedic Medicine
- Herbal Medicine
- Homeopathy
- Other Types
Distribution Channel Segment Analysis
- Direct Sales
- E-Sales
- Distance Correspondence
Global AYUSH and Alternative Medicine Market: Regional Segment Analysis
- North America
- The U.S.
- Canada
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table of Content
Industry Major Market Players
- Sydler India Pvt Ltd
- SBL Mathur
- Patanjali
- Hootone Remedies
- Himalaya Wellness
- Hamdard
- GR Herbals
- Ganga Pharmaceuticals
- Dabur India
- Baidyanath
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