Complementary and Alternative Medicine Market Growth is Surging with its Increased Adoption in Cancer Treatment

Published: May 2020

Complementary and alternative medications are two different subcategories that complement each other. Complementary medicine uses a non-mainstream approach together with conventional therapies. For instance, acupuncture is used to reduce the side effects caused by cancer treatment. Whereas, an alternative medicine approach is an approach used in the place of standard medical care. For instance, chelation therapy (which seeks to remove excess metals from the blood) is used to treat heart diseases instead of standard approaches. 

People with cancer are using complementary and alternative medicines to help cope with the side effects of cancer treatments. This surge in the adoption will significantly impact the growth of complementary and alternative medicine market. These complementary medicines and therapies ease the worries of cancer treatment and related stress feel that the patient goes through and also aid with their own care. However, these treatments do not work the same for everyone instead of some methods such as acupuncture might help with nausea pain and other side effects of cancer treatment.

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Additionally, Kampo medicines that are traditional Japanese medicines also proved to have beneficial effects for the treatment or prevention of several chemotherapy-induced side effects. These Kampo medicines used by cancer patients include Goshajinkigan, Hangeshashinto, and Rikkunshito. The complementary and alternative medicine market is anticipated to be benefited by the increased use of traditional medicines such as Japan’s Kampo medicine. 

A study performed at UT, South-western Medical Centre in 2019, found that one-third of cancer patients are already embracing complementary and alternative medicine. This includes herbal supplements special diets and also things such as acupuncture Tai Chi Yoga.

The patients also use herbal supplements while undergoing cancer treatment and according to doctors, there can be a associated risk with these herbal supplement for some patients. These supplements could include things like plant extracts,some of which can be harmful to some patients. However, most of the complementary and alternative medicines don’t possess that many side effects as compared to the other forms of medicines such as allopathic medicines. The comparative fewer side effects of these medicines will drive the complementary and alternative medicine market during the forecast period.

Complementary and Alternative Medications Market- Segmentation

By Intervention

  • Botanicals
  • Acupuncture
  • Body, Mind, and Yoga
  • Magnetic Intervention

Complementary and Alternative Medications Market – Segment by Region 

North America           

  • US
  • Canada

Europe

  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Rest of Europe

Asia-Pacific    

  • China
  • Japan
  • India
  • Rest of Asia-Pacific

Rest of the World

  • Latin America
  • Middle East Africa
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