Complementary and Alternative Medicines Market to Witness Robust Growth in Coming Years

1. Complementary and Alternative Medicines Market Set to Be Worth Over $270.0 Billion by 2024 © P&S Intelligence. All rights reserved Page 1

2. While the advent of advanced technologies has undoubtedly mitigated the necessity of physical labor in many tasks, it has also made sedentary lifestyles extremely common across the world. An average workday during the 18th century involved constant physical movement from one place to another, the carrying of heavy loads, and high physical exertion in many tasks, while these days, the most exerting physical activity people usually do in offices is taking a short walk to the nearest coffee machine. Receive Sample Copy of this Report: https://www.psmarketresearch.com/market- analysis/complementary-and-alternative-medicines-market/report-sample According to the findings of the World Health Organization (WHO), the total number of people in the world diagnosed with diabetes increased from 108 million to 422 million from 1980 to 2014. Furthermore, the organization reported that diabetes claimed the lives of as many as 1.6 million people all over the world in 2016. The ballooning incidence of these diseases is boosting the demand for complementary and alternative medicines and therapies across the world. Additionally, the numerous side-effects associated with allopathic drugs is making many people look for safer alternatives. According to many surveys, side effects such as dizziness, rashes, seizure, diarrhea, vomiting, internal bleeding, and insomnia are becoming very common in people taking allopathic drugs throughout the world. Aspirin, which is one of the most commonly consumed drugs in the world, has been found to cause side-effects such as vomiting, heartburn, and seizures. Make an Enquiry before Purchase: https://www.psmarketresearch.com/send-enquiry?enquiry- url=complementary-and-alternative-medicines-market Due to the above-mentioned factors, the sales of complementary and alternative drugs are rising rapidly all over the world. This is, in turn, causing the expansion of the global complementary and alternative medicines market. As a result, the revenue generated by the market is predicted to grow from $192.0 billion to $271.8 billion from 2018 to 2024. The market is also predicted to progress at a CAGR of 6.0% from 2019 to 2024. Hence, it is safe to say that the demand for complementary and alternative medicines will soar all over the world in the coming years, primarily because of the increasing prevalence of various chronic ailments and the numerous side-effects of allopathic medicines. © P&S Intelligence. All rights reserved Page 2

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