Market Synopsis of the Global Homeopathic Medicine
Market
The Worldwide Homeopathic Medicine
Market is expected to grow at a CAGR of 12.5% during the
forecast period. The global homeopathic medicine market is expected to show
sharp growth over the forecast period. Rising prevalence of chronic disease and
increasing demand for medicines from natural sources and overall increase in
the awareness about medicines and treatment options in homeopathy drive the
market growth. Furthermore, homeopathy is gaining attention in many of the
emerging market throughout the globe. Lack of awareness about homeopathy in
developing countries may act as a barrier for the market growth.
The market for homeopathy medicine is expected to
expand due to an increase in the awareness regarding homeopathic medicine and
rising prevalence of lifestyle-associated diseases such as obesity, diabetes
and reproductive health. Restrains for the growth of this market are lack of
awareness of homeopathic medicine in developing countries and strict regulatory
requirements governing the use of homeopathy in developing countries such as
Germany, and UK.
The market shows growth potential in India, Mexico
and the Middle East nations.
Key Players
·
Hahnemann Laboratories Inc. (U.S.)
·
Natural Health Supply (U.S.)
·
Boiron USA (U.S)
·
HomeoLab USA (Canada)
·
SBL (India)
·
Hyland’s Homeopathic (U.S.)
·
Nelson & Co. Ltd. (U.K).
Segments
The global homeopathic medicine market is segmented on the basis of type, indication, and end users.
The global homeopathic medicine market is segmented on the basis of type, indication, and end users.
On the basis of
drugs, market is segmented into plants based, animal based and mineral based.
Plant based is further segmented into Arnica montana, Bryonia alba, Cinchona officinalis,
Pulsatilla nigricans, Rhus tox, Symphytum. Animal based is
further segmented intoLatrodectus mactans, Tarentula Hispania, Tarentula
cubensis, Naja tripudians, Vipera, Sepia, and Cantharis. Mineral
based is further segmented into Calcarea carbonica, Phosphorus, Calcarea
phosphorica, Natrum muriaticuma and others. Other segments are Nosodes,
Sarcodes and Imponderabilia.
On the basis of
application, the market is segmented into skin & hair, reproductive health,
lifestyle disorders, bones, joints, and muscles diseases, brain and nerves
disorders, respiratory diseases, childhood diseases, hormonal disorders and
others.
On the basis of end user, the market is divided
into hospitals, homeopathic clinics, and others.
Regional
Analysis
America is the
largest market for homeopathic medicine owing to rising awareness about
homeopathic treatment and increasing use of homeopathic medicine. Furthermore,
homeopathy has a substantial presence in the U.S. healthcare system.
Europe is the
second largest market owing rise in the number of homeopathy practitioners, use
of homeopathy medicine by people for day to day healthcare. According to the
Commission of European Communities, 100 million European Union (EU) citizens
(29% of the EU’s population) uses homeopathy medicine. UK is the largest market
for homeopathic medicine in Europe.
Detailed Table
of Contents:
1. Report Prologue
2. Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
4. Market Dynamics
4.1
Drivers
4.2
Restrains
4.3 Opportunities
4.4
Challenges
4.5
Macroeconomic Indicators
4.6
Technology Trends & Assessment
5. Market Factor Analysis
5.1
Porters Five Forces Analysis
5.1.1
Bargaining Power Of Suppliers
5.1.2
Bargaining Power Of Buyers
5.1.3
Threat Of New Entrants
5.1.4
Threat Of Substitutes
5.1.5
Intensity Of Rivalry
5.2
Value Chain Analysis
5.3
Investment Feasibility Analysis
5.4
Pricing Analysis
...Continued
About US:
Market Research
Future (MRFR), enable customers to unravel the complexity of various industries
through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw
Research Reports (3R), Continuous-Feed Research (CFR), and Market Research
& Consulting Services.
Contact Us:
Market Research
Future
Office No. 528,
Amanora Chambers
Magarpatta Road,
Hadapsar,
Pune - 411028
Maharashtra, India
Phone: +1 646 845
9312
Email: sales@marketresearchfuture.com
