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Alternative Health Therapies in Australia - Industry Market Research Report

Publisher IBISWorld
Published Jan 22, 2025
Length 64 Pages
SKU # IBSS19605601

Description

Alternative Health Therapies in Australia

Alternative Health Therapies are often collectively called complementary and alternative medicine (CAM). CAM is often used alongside conventional medical treatments to improve health and well-being. According to Complementary Medicines Australia, more than 70% of Australians use complementary medicines and natural therapies. Australia's ageing population has aided industry demand, as the higher incidence of illness among people aged over 50 has lit a fire under many Australians to use alternative health therapy. This trend is especially relevant for palliative care, as patients are often treated in tandem with conventional medical practitioners.

Industry practitioners primarily deliver treatments that are not commonly practiced under mainstream Western medicine. These therapies are intended to either complement Western medicine or act as an alternative treatment. The industry covers traditional complementary and alternative medicines and therapies (CAM), in addition to those often included within the wider definition of the natural medicine industry, like chiropractic services.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

64 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY
How Do Licenses Work?
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