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Thursday 31 May 2018

Alternative & Complementary Medicine Market Industry Size, Share, Opportunities and Forecast by 2025: Grand View Research, Inc.

The COMPLEMENTARY & ALTERNATIVE MEDICINE MARKET is expected to generate a revenue of USD 196.87 billion by 2025, according to a new report by Grand View Research, Inc. Factors such as the increase in adoption of alternative medicine by people combined with the government initiatives of a number of key countries to enhance reach is expected to help in expansion revenue generation avenues.

Complementary and alternative forms of therapy are used in the treatment of chronic ailments, long-term pain among others and are also used for additional vitamins and other dietary supplementation of regular diet. Moreover, with considerable increase in the costs of conventional medicine and inclination towards body wellness rather than pharmaceutical cure is likely to boost the market over the forecast period. 
As of early 2016, approximately two thirds of the population in most of the developed and developing countries have reported using one or the other form of alternative or complementary form of medicine. There are certain countries that are moving towards the legalization of some alternative medicine therapies that are being backed with approved clinical data.
Research Report on Alternative Complementary Medicine Therapies-Market:

Further key findings from the report suggest:

  • The market is driven by high adoption rates of herbal dietary supplements other wellness therapies like yoga, acupuncture
  • Usage of botanicals has become the most prominent form of alternative medicine as the segment was observed to account for generation of the largest share of revenue
  • Europe and the Asia Pacific regions emerge as clear hotspots for these forms of therapies and combine to generate the major share of market revenue
  • Developing regions such as Latin America and Middle East Asia are set to witness considerable growth in demand over the forecast period driven by the expensive nature of conventional medicine and lack thereof is certain countries
  • Some of the key players and wellness institutes active in the market are Pacific Nutritional Inc, Herb Pharm, Herbal Hills, Helio USA Inc, Deepure Plus, Nordic Naturals, Pure encapsulations, Inc., and other wellness institutes like Iyengar Yoga Institute, John Schumacher’s Unity Woods Yoga Center, Yoga Tree, The Healing Company and Quantum Touch Inc.
View more reports of this category by Grand View Research at
Grand View Research has segmented the Alternative Medicine market by intervention scope, distribution method scope, and region:
Complementary & Alternative Medicine Market Intervention Outlook (Revenue, USD Billion; 2013 - 2025)
  • Botanicals
    • Ayurveda
    • Naturopathy
  • Acupuncture
  • Mind, Body, and Yoga
    • Yoga
    • Meditation
    • Energy Healing
    • Chakra Healing
    • Hypnotherapy
  • Magnetic Intervention
Complementary & Alternative Medicine Market Distribution Method Outlook (Revenue, USD Billion; 2013 - 2025)
  • Direct Contact
  • E-training
  • Distance Correspondence
View press release of this research report by Grand View Research:
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and healthcare.
For more information: www.grandviewresearch.com

Industrial IoT Market Trends, Growth, Share, Opportunities and Forecast by 2025: Grand View Research, Inc.

The global INDUSTRIAL IOT MARKET is expected to reach USD 933.62 billion by 2025, according to a new report by Grand View Research, Inc. The growing demand and adoption of cloud computing, coupled with the Scalability of IPv6-3.4X 10^38 IP address, are presumed to drive the market over the forecast period. 
                

Businesses, across the globe, are seeking new operating models to create a connected enterprise for merging operational and information departments of the industry. This transformation is predicted to increase the overall productivity, enhance operational efficiency, improve visibility, and reduce the complexities of different processes in the industry.
The ability of IoT to reduce costs has been the prime factor for its adoption in the industrial sector. However, several significant investment incentives, such as increased productivity, process automation, and time-to-market, have also been boosting this adoption. The falling prices of sensors have reduced the overall cost associated with data collection and analytics.
An emerging trend among enterprises worldwide is the transformation of technical focus to improving connectivity in order to undertake data collection with the right security measures in place and with improved connections to the cloud. The emergence of low-power hardware devices, cloud integration, big data analytics, robotics & automation, and smart sensors are also driving IIoT market growth.
However, there are a few factors that are anticipated to limit the global IIoT growth. The major factors challenging the market growth are the lack of a defined protocol or standardization and use of old equipment. Security-related concerns, associated with big data, are also expected to limit the market growth.
Browse Research Report on Industrial Internet of Things IIoT Market:

Further key findings from the report suggest:

  • The global industrial IoT market size exceeded USD 100 billion in 2016 and is presumed to grow at a CAGR of over 25% from 2017 to 2025
  • Manufacturers are increasingly leveraging the benefits of IIoT solutions to enhance their analytics functionalities (through predictive maintenance), consolidate their control rooms, and track assets
  • The managed IIoT services segment is predicted to growth over the next eight years, as implementation of IoT technology requires integration of managed IIoT services at every layer of the IIoT ecosystem
  • The Asia Pacific regional market is anticipated to outgrow the North American market and emerge as the highest revenue-generating region, with China spearheading the growth, by the end of 2025
  • Large IT solutions & service providers are seeking IIoT platform, as a high-margin solution that generates a stable revenue stream via cloud-based revenue models

View more reports of this category by Grand View Research at
Grand View Research has segmented the global Industrial Internet of Things (IIoT) market on the basis of component, end-use, and region:
Industrial IoT Component Outlook (USD Billion, 2014 - 2025)
  • Solution
    • Remote Monitoring
    • Data Management
    • Analytics
    • Security Solutions
    • Others
  • Services
    • Professional
    • Managed
  • Platform
    • Connectivity Management
    • Application Management
    • Device Management
Industrial IoT End-Use Outlook (USD Billion, 2014 - 2025)
  • Manufacturing
  • Energy & Power
  • Oil & Gas
  • Healthcare
  • Logistics & Transport
  • Agriculture
  • Others
View press release of this research report by Grand View Research:

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and healthcare.
For more information: www.grandviewresearch.com
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