Middle East Complementary And Alternative Medicine Market Growth & Trends 

The Middle East complementary and alternative medicine market size is expected to reach USD 35.3 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 20.18% from 2023 to 2030. Complementary and alternative medicines (CAM) include remedies or treatments that are used instead of or as supplements with conventional allopathic treatments. The various types of complementary and alternative medicines include remedies based on traditional alternative medicine & botanicals, mind-healing techniques, body-healing therapies, external energy, and sensory healing. 

 

The Middle Eastern region and its cultures offer lucrative opportunities to players in the complementary and alternative medicine market, owing to a history of commonly practiced spiritual healing techniques and herbal medicine, such as Unani, for the treatment of several disorders. As a result, traditional practitioners are a vital part of disease management in the region. Traditional alternative medicines and botanicals include naturopathic medicine, traditional Chinese medicine, and traditional Arabic medicine. 

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Due to the increasing burden of chronic diseases and the rising popularity of alternative medicines, several new healing centers are being launched in this space in the Middle East. For instance, in July 2021, the Lootah Group of Companies, in partnership with Kerala's Santhigiri Group, launched the Santhigiri Holistic Healthcare Centre in Dubai, which offers a range of complementary and alternative medicine varieties such as acupuncture, homeopathy, chiropractic, and yoga. Such centers are likely to boost the market over the forecast period. 

The Middle East region has witnessed significant social and economic impact due to the coronavirus pandemic. The government authorities in this region are keen on promoting the use of traditional alternatives in COVID-19 treatment, however, it is imperative to cater to the conventional research standards devised for all the other drug candidates. In addition, in the recent past, WHO has also acknowledged and stated that CAM exhibits several benefits, that may assist in the effective, safe, and maximum at-home management of COVID-19 symptoms. 

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Middle East Complementary And Alternative Medicine Market Segmentation 

Grand View Research has segmented the Middle East complementary and alternative medicine market on the basis of intervention, application, distribution channel, and region: 

Middle East Complementary & Alternative Medicine Intervention Outlook (Revenue, USD Million, 2018 - 2030)

  • Traditional Alternative Medicine & Botanicals

o    Naturopathic Medicine

o    Traditional Chinese medicine

o    Traditional Arabic medicine

  • Mind Healing

o    Hypnotherapy

o    Neuro-linguistic Programming

o    Transcendental Meditation

  • Body Healing

o    Acupuncture

o    Chiropractic

o    Kinesiology

o    Reflexology

o    Yoga

List of Key Players of Middle East Complementary And Alternative Medicine Market

  • Arab Yoga Foundation
  • Soul Warrior
  • Sukoon Yoga Center
  • Halo Aura
  • InTouch Clinic
  • Landmark Fitness Limited
  • Osana
  • Erada Center for Treatment and Rehab
  • Bluetreelinics.com
  • House of Nature Medical Center LLC
  • Zen Yoga
  • Earthy Center
  • German Medical Center FZ-LLC

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 Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. Grand View Research database is used by the world's renowned academic institutions and Fortune 500 companies to understand the global and regional business environment. Our database features thousands of statistics and in-depth analysis on 46 industries in 25 major countries worldwide.

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