USA: +1 347 690-0211 | UK: +44 2032 894158 | JAPAN: +81 50 5806 9039 | Translate : 

Brazil Complementary and Alternative Medicine Market Revenue Projected Around USD 9,759 Million By 2027

14-Jan-2020 | Facts and Factors

Facts and Factors Market Research has published a new report titled “Brazil Complementary and Alternative Medicine Market By Type (Traditional Alternate Medicine Therapy, Diet and Herbal Based Therapy, Mind Therapy, Body Therapy, and Energy Healing Therapy), By Age Group (Infant, Adults, Adolescent, and Elderly), By Disease Indications (Arthritis, Neurology, Cancer, Cardiology, Asthma, and Diabetes), and By Distribution Channel (Direct Sales, Distance Correspondence, and E-Distribution): Industry Perspective, Comprehensive Analysis, and Forecast, 2018 - 2027”. According to the report, the Brazil complementary and alternative medicine market is predicted to be valued at approximately USD 2,498 million in 2018 and is expected to reach a value of around USD 9,759 million by 2027, at a CAGR of around 16.4% between 2019 and 2027.

Complementary & alternative medicine is the terminology that is applied for medical items and practices which are not the components of normal medical or healthcare practices. Institutes such as National Cancer Institute (NCI) & the National Center for Complementary and Integrative Health (NCCIH) have recently sponsored or co-sponsored a spectrum of clinical tests that determine the outcomes of complementary & alternative medicine treatments in the patient population. There are myriad kinds of complementary therapies like aromatherapies, acupuncture therapies, herbal medicine therapies, massage therapies, visualization therapies, and yoga therapies along with others.

Request Sample Request Customization Buy Now

Browse the full “Brazil Complementary and Alternative Medicine Market By Type (Traditional Alternate Medicine Therapy, Diet and Herbal Based Therapy, Mind Therapy, Body Therapy, and Energy Healing Therapy), By Age Group (Infant, Adults, Adolescent, and Elderly), By Disease Indications (Arthritis, Neurology, Cancer, Cardiology, Asthma, and Diabetes), and By Distribution Channel (Direct Sales, Distance Correspondence, and E-Distribution): Industry Perspective, Comprehensive Analysis, and Forecast, 2018 - 2027” Report at https://www.fnfresearch.com/brazil-complementary-and-alternative-medicine-market-by-type-111

Complementary medicine is the kind of therapy that finds the usage along with regular healthcare treatment. For instance, acupuncture therapy to minimize the side-effects of the cancer treatment caused due to chemotherapy.  On the other hand, alternative medicine is used as a substitute for the standard medical treatment process. For instance, the following of a special diet program as a part of the routine activity for treating cancer in place of anti-cancer drug treatment as per oncologist medication.

Massive awareness about the wellness drugs to boost the market trends

The growth of the market during the forecast timeframe is due to the integrated impact of telemedicine along with the rise in health awareness among the Brazilian population. In addition to this, the high demand for wellness healthcare items & services will further drive the expansion of the complementary and alternative medicine industry in Brazil over the forecast timeline.

Furthermore, a combination of various technologies will pave the way for the market growth in Brazil over the forecast timeline. Moreover, the occurrence of non-contagious ailments like heart disorders, high blood pressure, diabetes, and depression will propel the market growth during the period from 2019 to 2027. In addition to this, the complementary & alternative drugs approach for treating these non-communicable ailments will create lucrative growth avenues for the industry in other developing regions also. Apart from this, the integration of therapies like acupuncture and magnetic interventions will further boost the complementary and alternative medicine industry in Brazil.

Apparently, the growing occurrence of major depressive disorder along with the high awareness about its symptoms will further embellish the market growth over the forecast timeline. Apart from this, the application of complementary & alternative medicine methods like herbs, music therapy, and mind-body healing methods will prompt market growth over the forecast period.

Moreover, an increase in the number of retail stores in the form of startups as well as established firms providing dietary herbal supplements and accessories required for the treatments is likely to accelerate the market expansion in Brazil during the forecast timeline. Nonetheless, lack of approved clinical aid, enforcement of laws regarding the quality of products, and knowledge pertaining to the usage, safety, and efficiency of alternative medicine & complementary medicine treatments can put brakes on the market expansion during the forecast period.

Traditional alternative medicine therapy to lead the type segment over the forecast timeline

The segmental growth is attributed to the massive use of traditional alternative medicine treatments like acupuncture, homeopathy, naturopathy, Ayurveda, and Chinese or Oriental medicine for curing the non-contagious ailments in Brazil.

Adolescent segment to dominate the age group landscape by 2027 in terms of value

The growth of the segment is credited to the escalating popularity of complementary as well as alternative medicines among the adolescent patients in Brazil.

Sao Paolo to contribute majorly towards the regional market share by 2027

The growth of the market in the Sao Paolo is owing to the massive use of traditional alternative medicine treatment treatments, massive market demand from the adolescent population base, and direct sales of the complementary & alternative medicines in the city.

Some of the key players in the market include Optum, Inc., Aché, Quantum-Touch, and Herboflora.

This report segments the Brazil Complementary and Alternative Medicine market as follows:

Brazil Complementary and Alternative Medicine Market: By Type Segment Analysis

  • Traditional Alternate Medicine Therapy
    • Acupuncture
    • Ayurveda
    • Homeopathy
    • Naturopathy
    • Chinese or Oriental medicine
  • Diet and Herbal Based Therapy
    • Dietary supplements
    • Herbal medicine
    • Nutrition/diet
  •  Mind Therapy
    • Meditation
    • Biofeedback
    • Hypnosis
  •  Body Therapy
    • Chiropractic and osteopathic medicine
    • Massage
    • Body movement therapies
    • Tai chi
    • Yoga
  • Energy Healing Therapy
    • Electromagnetic therapy
    • Reiki
    • Qigong

Brazil Complementary and Alternative Medicine Market: By Age Group Segment Analysis

  • Infant
  • Adults
  • Adolescent
  • Elderly

Brazil Complementary and Alternative Medicine Market: By Disease Indications Segment Analysis

  • Arthritis
  • Neurology
  • Cancer
  • Cardiology
  • Asthma
  • Diabetes

Brazil Complementary and Alternative Medicine Market: By Distribution Channel Segment Analysis

  • Direct Sales
  • Distance Correspondence
  • E-Distribution

Brazil Complementary and Alternative Medicine Market: City-wise Segment Analysis

  • Brazil
    •  Sao Paulo
    • Rio de Janeiro
    • Salvador
    • Brasilia
    • Rest of Brazil

About Us:

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

Contact Us:

Facts & Factors

A 2108, Sargam,
Nanded City,
Sinhagad Road,
Pune 411041, India
USA: +1-347-989-3985

Email: [email protected]

Web: https://www.fnfresearch.com


Latest Market Research Reports

report img

Cyber Security in Healthcare Market Report 2022 – 2028

[203+ Pages Report] According to Facts and Factors, the global cyber security in the healthcare market size was worth around USD 12.3 billion in 2021 and is estimated to grow to about USD 32.9 billion by 2028, with a compound annual growth rate (CAGR) of approximately 17.80% over the forecast perio

Published Date : 08-Aug-2022 | | Category : Healthcare | Pages : 203 | Format : Read more

Inquiry for Buying Request Sample
report img

Employee Engagement and Feedback Software Market Report 2022 – 2028

[207+ Pages Report] According to Facts and Factors, the global employee engagement and feedback software market size was worth around USD 928.4 million in 2021 and is estimated to grow to about USD 1774.38 million by 2028, with a compound annual growth rate (CAGR) of approximately 11.40% over the f

Published Date : 08-Aug-2022 | | Category : Software and Services | Pages : 207 | Format : Read more

Inquiry for Buying Request Sample
report img

Enterprise Data Management Market Report 2022 – 2028

[211+ Pages Report] According to Facts and Factors, the global enterprise data management market size was worth USD 77.5 billion in 2021 and is estimated to grow to USD 130.6 billion by 2028, with a compound annual growth rate (CAGR) of approximately 9.1% over the forecast period. The report analyz

Published Date : 08-Aug-2022 | | Category : Software and Services | Pages : 211 | Format : Read more

Inquiry for Buying Request Sample
report img

Gene Synthesis Market Report 2022 – 2028

[215+ Pages Report] According to Facts and Factors, The global gene synthesis market size was worth around USD 1,528.10 million in 2021 and is estimated to grow to about USD 4,021.41 million by 2028, with a compound annual growth rate (CAGR) of approximately 17.50% over the forecast period. The rep

Published Date : 08-Aug-2022 | | Category : Pharmaceuticals | Pages : 215 | Format : Read more

Inquiry for Buying Request Sample
report img

Health Insurance Market Report 2022 – 2028

[219+ Pages Report] According to Facts and Factors, the global health insurance market size was worth USD 2.10 trillion in 2021 and is estimated to grow to USD 3.619 trillion by 2028, with a compound annual growth rate (CAGR) of approximately 9.50 percent over the forecast period. The report analyz

Published Date : 08-Aug-2022 | | Category : Healthcare IT | Pages : 219 | Format : Read more

Inquiry for Buying Request Sample

Why FnF Market Research?

1 Inflallible Methodology

to ensure high-level data integrity, accurate analysis, and impeccable forecasts

2 Analyst Support

for complete satisfaction

3 Customization

on-demand customization of scope of the report to exactly meet your needs

4 Targeted Market View

Targeted market view to provide pertinent information and save time of readers

5 Agile Approach

A faster and efficient way to cater to the needs with continuous iteration