The increasing occurrence of cancer cases and higher survival rates lead to greater use of alternative treatments.
The market for alternate cancer therapies is projected to grow to around $2.16 billion by 2030, with an annual compounded increase of 8.8%, as reported by Valuates Reports.
The growth of this area is driven by increasing patient interest, support from medical institutions, and evolving lifestyle patterns.
Moreover,
rising global cancer incidence
and higher survival rates lead to increased interest in alternative treatments that enhance well-being and minimize adverse reactions from therapy.
According to the report, alternative treatments like meditation, yoga, and dietary advice aim to tackle the wider dimensions of health, helping individuals achieve greater balance and support.
Nevertheless, the absence of standardized medical data and supervision could hinder market expansion.