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Alternative Health Therapies in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Alternative Health Therapies Market Research Report | ANZSIC X0015 | Aug 2015

Healthy growth: Growing public acceptance of industry services boosts revenue

IBISWorld’s Alternative Health Therapies market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 11-16
4.5%
Annual Growth 16-21
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Profit
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Employment
36,441
Businesses
30,907
Industry Analysis & Industry Trends

In line with the growing acceptance of complementary medicines, the Alternative Health Therapies industry has grown strongly over the past five years. Complementary and alternative health care medicines and therapies (often collectively referred to as complementary and alternative medicine or CAM) are used alongside conventional medical treatments to improve health and wellbeing. These treatments include acupuncture, naturopathy, aromatherapy, homeopathy, traditional Chinese and ayurvedic medicines, massage, reiki and osteopathy to name a few. The industry has been buoyed by the increasing acceptance of therapies that are either alternative or complementary to conventional Western medicine... purchase to read more

Industry Report - Industry Products Chapter

The industry is involved in complementary and alternative medicine (CAM), with therapies used either to complement conventional Western medicine or as an alternative to conventional practices. An extensive variety of complementary and alternative medicine therapies are available.

Chiropractic and osteopathy

Chiropractic treatment is one of the more widely accepted alternative therapies. Practitioners gain accreditation after completing a three-to-five-year program. Chiropractic treatments address nervous system problems by adjusting the body's spinal structure. Lower back pain is the most common cause of patient visits and the most frequently billed service by chiropractors is spinal manipulation... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Alternative Health Therapies Industry?

Practitioners in this industry primarily deliver treatments that are not commonly practiced under mainstream Western medicine. These therapies are intended to either complement Western medicine or as an alternative form of treatment. The industry includes treatments such as acupuncture, traditional Chinese medicine, aromatherapy and homeopathy.

Industry Products
Chiropractic and osteopathyNaturopathy and homeopathyDietary supplements and herbal medicinesAcupunctureTraditional Chinese medicineTherapeutic massage and reflexologyOther therapies
 
Industry Activities
Naturopathy AcupunctureTraditional Chinese medicineMeditation therapyVitamin and/or mineral therapyChiropractic servicesAromatherapyOsteopathyReflexologyHypnosis


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