US Alternative Healthcare Providers Market - Focused Insights 2023-2028

Published Date :  AUG 2023

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This report is your gateway to unprecedented opportunities within the US alternative healthcare providers market. Offering a robust blend of market size, forecasts, and industry insights, it's your ultimate tool for driving strategic decisions and unleashing the potential for unmatched growth.

The US alternative healthcare providers market was valued at $20.45 billion in 2022 and is expected to reach $25.77 billion by 2028, growing at a CAGR of 3.93% during 2022-2028.  Discover the economic potential of providing alternative healthcare products and services meticulously crafted into this report. It doesn't merely present data – it empowers you with a comprehensive, up-to-the-minute portrayal of the US alternative healthcare providers market. From size and forecast to pertinent market segmentations and prevailing trends, this report equips you with the insights to make informed decisions that propel your business forward. 

 

Unveil the dynamic future that awaits as you immerse yourself in the detailed scenario of the 2023-2028 US alternative healthcare providers market. Understand every facet of its dynamics – growth enablers that accelerate your journey, restraints that you can transform into opportunities and trends that shape the path ahead.

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Summary

  • The demand for alternative healthcare providers market is rising due to multiple factors, including the increasing geriatric population, growing consumer awareness of CAMs, the high prevalence of chronic diseases, and the increasing adoption of CAMs. Other factors such as technological & material advancements, the introduction of new formulations, well-developed healthcare infrastructure, extensive research & development activities, the presence of leading key vendors, and government support also contribute to the overall alternative healthcare providers market growth. 
  • In intervention type, traditional alternatives accounted for the highest share of 33.27% in 2022 and are projected to grow at the highest CAGR of 4.98% during the forecast period. The increasing demand for traditional alternatives is due to the rising disease burden, increasing prevalence of chronic diseases, and rising geriatric population. 
  • By age group, the 30-69 years segment accounted for the highest share of 46.43% in 2022 and is projected to grow at the highest CAGR of 4.98% during the forecast period. The increasing demand for alternative healthcare providers is due to the number of chronic conditions, chronic pain, attitude towards self-care, and perceived unmet healthcare needs. 
  • In gender type, the women segment accounted for the highest share of 55.43% in 2022 and is projected to grow at the highest CAGR of 4.80% during the forecast period. The increasing demand for alternative providers among women is due to the rise in chronic conditions, education, household income, attitudes toward self-care, and perceived unmet healthcare needs. 
  • The rising government initiatives to promote the adoption of CAM are also boosting the market. The changing regulatory framework, rising government initiatives, and regulatory norms related to the right to health in all types of medicines are boosting the participation of market players and service providers in the US alternative healthcare providers market. 
  • Columbia Nutritional Inc, The Healing Company, Helio USA, Pure Encapsulation, and Quantum-Touch are some leading players currently dominating the alternative healthcare providers market. The major players focus on strategic acquisitions and collaborations with emerging players to enter the alternative healthcare providers market and gain access to commercially launched products. 

PRODUCT SEGMENTATION & FORECAST 

• Intervention type 

▪ Traditional Alternatives 

▪ Mind Healing 

▪ Body Healing 

▪ Sensory Healing 

▪ External Energy 

• Age Group 

▪ < 17 years 

▪ 18-29 years 

▪ 30-69 years 

▪ > 70 years 

Gender type 

▪ Women 

▪ Men

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US Alternative Healthcare Providers Market - Focused Insights 2023-2028 DOWNLOAD SAMPLE

Please Note : Arizton critically analyzes the industry and market sectors to provide reliable and valuable market intelligence. The research-based knowledge empowers clients to formulate intelligent strategies, resulting in creative, cost-effective, and efficient execution.

Table Of Contents

• Executive Summary 

• Key Findings

• US: Projected Revenue of Alternative Healthcare Providers Market (2022-2028; $Billions)

  • US: Projected Revenue by Intervention type (2022-2028; $Billions) 
  • Traditional Alternatives 
  • Mind Healing 
  • Body Healing 
  • Sensory Healing 
  • External Energy 
  • US: Projected Revenue by Age Group (2022-2028; $Billions) 
  • < 17 years 
  • 18-29 years 
  • 30-69 years 
  • > 70 years 
  • US: Projected Revenue by Gender (2022-2028; $Billions) 
  • Women 
  • Men 


• Alternative Healthcare Providers Market Opportunities & Trends 

• Alternative Healthcare Providers Market Drivers 

• Alternative Healthcare Providers Market Constraints


• Alternative Healthcare Providers - Competitive Landscape 

• Alternative Healthcare Providers – Key Vendor Profiles 

• Alternative Healthcare Providers – Other Prominent Vendors 

• Alternative Healthcare Providers - Key Strategic Recommendations


• Research Methodology 

• Abbreviations 

• About Arizton


Exhibit 1: Projected Revenue of Alternative Healthcare Providers Market in the US (2022 – 2028) 

Exhibit 2: Projected Revenue of Alternative Healthcare Providers Market by Traditional Alternatives (2022 – 2028) 

Exhibit 3: Projected Revenue of Alternative Healthcare Providers Market by Mind Healing (2022 – 2028) 

Exhibit 4: Projected Revenue of Alternative Healthcare Providers Market by Body Healing (2022 – 2028) 

Exhibit 5: Projected Revenue of Alternative Healthcare Providers Market by Sensory Healing (2022 – 2028) 

Exhibit 6: Projected Revenue of Alternative Healthcare Providers Market by External Energy (2022 – 2028) 

Exhibit 7: Projected Revenue of Alternative Healthcare Providers Market by < 17 years  

(2022 – 2028) 

Exhibit 8: Projected Revenue of Alternative Healthcare Providers Market by 18-29 Years 

(2022 – 2028) 

Exhibit 9: Projected Revenue of Alternative Healthcare Providers Market by 30-69 Years 

(2022 – 2028) 

Exhibit 10: Projected Revenue of Alternative Healthcare Providers Market by > 70 years 

(2022 – 2028) 

Exhibit 11: Projected Revenue of Alternative Healthcare Providers Market by Women 

(2022 – 2028) 

Exhibit 12: Projected Revenue of Alternative Healthcare Providers Market by Men 

(2022 – 2028)


Table 1: Key Market Trends in Alternative Healthcare Providers Market 

Table 2: Key Market Enablers in Alternative Healthcare Providers Market 

Table 3: Key Market Constraints in Alternative Healthcare Providers Market 

Table 4: Strategic Recommendations in Alternative Healthcare Providers Market

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Frequently Asked Questions

The market was valued at $20.45 billion in 2022, with an expected growth to $25.77 billion by 2028, at a CAGR of 3.93%.

Factors include the increasing geriatric population, growing consumer awareness of complementary and alternative medicines (CAMs), high prevalence of chronic diseases, adoption of CAMs, technological advancements, and government support.

Traditional alternatives hold the highest share of 33.27% in 2022 and are projected to grow at a CAGR of 4.98% due to the rising disease burden and prevalence of chronic diseases.

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