Global Anti-Aging & Longevity Complementary and Alternative – GlobeNewswire

Dublin, Feb. 02, 2022 (GLOBE NEWSWIRE) -- The "Complementary And Alternative Medicine For Anti Aging & Longevity Market Size, Share & Trends Analysis Report by Intervention (Botanicals, Mind Healing), by Customer, by Region, and Segment Forecasts, 2021-2028" report has been added to ResearchAndMarkets.com's offering.

The global complementary and alternative medicine for anti aging and longevity market size is expected to reach USD 182.9 billion by 2028. It is expected to expand at a CAGR of 22.2% from 2021 to 2028.

Growing household income in developed countries, acceptance of herbal and ayurvedic medicine, and increasing age-related diseases have majorly the market for complementary and alternative medicine (CAM) for anti aging and longevity.

In the traditional alternative medicine/botanicals intervention segment, Ayurveda led the market in 2020 as cosmetic market players are involved in the R&D of Ayurveda-based anti-aging cosmeceuticals. The mind healing segment is expected to witness steady growth from 2021 to 2028 due to the rising acceptance of meditation and mindfulness in corporate offices.

The sensory healing segment is expected to expand at a considerable CAGR over the forecast period due to the increasing popularity in hospitals and clinics. For instance, in October 2021, Spatial, an audio platform, partnered with HealthTune scientific and Catalyst by Wellstar to use sensory healing to reduce stress and anxiety of frontline healthcare workers.

Ayurveda is acknowledged as a medicine in 16 countries including Brazil, Switzerland, Hungary, Nepal, Bahrain, UAE, and Saudi Arabia. Whilst, some regions such as Romania, Hungary, Ontario, and Turkey regulate ayurvedic practices. In the U.K., it is a part of the National Health Policy.

Thus, increasing acceptance of ayurvedic medicine is expected to drive the complementary and alternative medicine market to a major extent. In addition, insurance coverage by public and private players is anticipated to fuel market growth.

COVID-19 has become a catalyst for the implementation of CAM therapies in day-to-day life. Owing to the pandemic, online yoga classes witnessed a 25% increase in enrollment level.

Similarly, in the COVID-19 pandemic, the demand for yoga equipment accelerated by154%. Key players and governing regulatory bodies are undertaking various strategic initiatives such as regional expansion to develop their presence in the market.

Complementary And Alternative Medicine For Anti Aging & Longevity Market Report Highlights

Key Topics Covered:

Chapter 1 Methodology And Scope

Chapter 2 Executive Summary

Chapter 3 Market Variables, Trends, & Scope3.1 Market Lineage Outlook3.1.1 Parent Market Outlook3.1.2 Related/Ancillary Market Outlook3.2 Market Dynamic3.2.1 Market Driver Analysis3.2.1.1 Increasing aging population and related diseases3.2.1.2 Increasing awareness of traditional medicines3.2.1.3 Government Initiatives and Encouraging Regulation3.2.2 Market Restraints3.2.2.1 FDA and medically approved drugs for aging3.2.2.2 Target anti-aging related diseases indirectly (not the primary solution)3.2.3 Market Opportunity3.2.3.1 Development of Meditation centers3.2.4 Market Threat3.2.4.1 Rising consumption of anti age cosmetics3.3 Penetration and Growth Prospect Mapping for Test Type 2020 (USD Million)3.4 COVID-19 Impact Analysis3.5 Business Environment Analysis3.5.1 Swot Analysis; By Factor (Political & Legal, Economic And Technological)3.5.2 Porter's Five Forces Analysis3.6 Pricing Analysis3.7 Antiaging Medicine3.7.1 Integrative Medicine3.7.2 Holistic Medicine3.7.3 Functional Medicine3.7.4 Nutritional Therapy3.7.5 Exercise Therapy3.7.6 Mental Therapy

Chapter 4 Intervention Business Analysis4.1 Complementary And Alternative Medicine Market for Antiaging and Longevity: Intervention Movement Analysis4.2 Traditional Alternative Medicine/Botanicals4.2.1 Global Traditional Alternative Medicine/Botanicals Market For Antiaging And Longevity Estimates And Forecast, 2017-2028 (USD Million)4.2.2 Ayurveda4.2.3 Naturopathic Medicine4.2.4 Traditional Chinese Medicine4.2.5 Zang Fu Theory4.3 Body Healing4.3.1 Global Body Healing Cam Market For Antiaging And Longevity Estimates And Forecast, 2017-2028 (USD Million)4.3.2 Yoga4.3.3 Acupuncture & Massage4.3.4 Chiropractic4.3.5 Qigong & Tai Chi4.3.6 Kinesiology4.3.7 Reflexology4.3.8 Eurythmy4.4 Mind Healing4.4.1 Global Mind Healing Based Market For Antiaging And Longevity Estimates And Forecast, 2017-2028 (USD Million)4.4.2 Meditation & Mindfulness4.4.3 Relaxation4.5 External Energy Healing4.5.1 Global External Energy Healing Based Market For Antiaging And Longevity Estimates And Forecast, 2017-2028 (USD Million)4.5.2 Magnetic & Electromagnetic Therapy4.5.3 Chakra Healing4.5.4 Reiki4.6 Sensory Healing4.6.1 Global Sensory Healing Based Market For Antiaging And Longevity Estimates And Forecast, 2017-2028 (USD Million)4.6.2 Aromatherapy4.6.3 Sound Healing

Chapter 5 Customers Business Analysis5.1 Complementary And Alternative Medicine Market for Antiaging and Longevity: Customer Movement Analysis5.2 High net worth (HNW) individuals5.3 Very high net worth (VHNW) individuals5.4 Ultra-High Net Worth (Uhnw) Individuals

Chapter 6 Regional Business Analysis

Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/r/fee7xb

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Global Anti-Aging & Longevity Complementary and Alternative - GlobeNewswire