Report Description

Global Alternative Cancer Therapeutics market is anticipated to witness impressive growth during the forecast period. This can be ascribed to the rising number of aging population, which is susceptible to different types of cancers. Additionally, the growing number of market players along with growing awareness of new therapies among aging population is a major factor which will further drive the growth of the market during the forecast period. Also, rapidly growing adoption of new therapies such as acupuncture, aromatherapy, yoga and other alternative therapies for pain management will further drive the growth of the market in the forecast period. Also, growing insurance coverage for the alternative cancer treatment along with growing initiatives by government organizations to educate people about new therapy will drive the growth of the market over the years.

Growing Prevalence of Cancer

Increasing incidence of adenocarcinoma, lymphoma and gastrointestinal stromal tumors, lung cancer, breast cancer due to consumption of alcohol, tobacco and unhealthy food by majority of population across the world is driving the market growth during the forecast period. Similarly, rising aging population, which is susceptible to chronic diseases like stomach cancer, one of the most common deadly cancers worldwide among older males will boost the market growth in the forecast period. In 2022 the National Cancer Institute, estimated around 26,380 new stomach cancer cases and 11,090 deaths in the United States. In the developing countries, stomach cancer is diagnosed more in males than females. Increasing prevalence of gastric cancer across the North America region and also across different parts of the globe has increased the demand for effective therapies for treating patients, which in turn is expected to propel the market growth during the forecast period. For instance, according to the 2021 statistics published by the Canadian Cancer Society, 4,000 Canadians were estimated to develop gastric cancer in 2021. Similarly, growing initiatives by government to promote the adoption of alternative cancer therapeutics is also boosting the growth of the market over the years. Also, the Ministry of Ayush in India was set up the government of India to ook into the matters related to the education, product, and research of naturopathy, Ayurveda, and homeopathy medicines. Therefore, the rising government investments towards the growth of the alternative therapies is fuelling the demand for the various complementary and alternative cancer treatment.

 

Rising Healthcare Expenditure

 

Due to the increasing technical developments in research and development sector in the healthcare industry and the use of alternative therapies in cancer diagnosis, the demand for alternative cancer therapy is expected to create a lucrative growth in the forecast period. Similarly, private and government organizations are supporting the research and development sector with the help of pharmaceutical and biotechnology firms which is further boosting the market growth in the forecast period. The funding for cancer research is rapidly increasing and most of the government funding is for breast cancer and childhood cancer. In 2019 the National Institutes of Health (NIH) invested USD460 million in breast cancer which increased to USD3.5 billion in the year 2022.

 


Download Free Sample Report


Market Segmentation

Global alternative cancer therapeutics market can be segmented based on therapy type, disease type, end users, region and competitive landscape. Based on the therapy type, the market can be segmented into Hormone Therapies, Acupuncture and Dietary Supplements, Others. Based on Diseases Type, the market can be segmented into Gastrointestinal, Lung Cancer, Breast Cancer, Colorectal Cancer, Leukemia, Lymphoma, Melanoma, Prostate Cancer, Others. Based on the End Users, the market can be differentiated into Hospitals and Clinics, cancer and Radiation Therapy Center, Home Care, Others. Regionally, North America dominated the market among Asia Pacific, Europe, Middle East & Africa, and South America. Among the different countries, the United States dominated the global alternative cancer therapeutics market on account of the increasing incidence of different types of cancer in the country.

 

Recent Development

In February 2018, Health Canada approved Janssens Zytiga in combination with prednisone and androgen deprivation therapy for the treatment of patients with newly diagnosed, high risk metastatic hormone sensitive prostate cancer who have received up to three months of prior androgen deprivation therapy.


In April 2020, the US FDA supported Trodelvy (sacituzumab govitecan-hziy) for the therapy of adult patients with triple-negative breast cancer. Trodelvy is a Trop-2-coordinated immunizer and topoisomerase inhibitor drug form, which focuses on the Trop-2 receptor that helps cancer develop, separate, and spread.


Market Players

Innovative Medicine, LLC. ,Northwest Natural Health Clinic, Immunotherapy Institute, Georgia Cancer Specialists, Holistic Bio Spa, Johnson & Johnson, Celgene Corporation, Astellas Pharma,Inc., Novartis AG, Merck KGaA are some of the leading players operating in the Global Alternative Cancer Therapeutics Market.

Attribute

Details

Base Year

2022

Historic Data

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         By Therapy Type

·         By Disease Type

·         By End Users

·         By Region

Regional scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country scope

United States; Canada; Mexico; France; Germany; United Kingdom; Italy; Spain; China; India; Japan; South Korea; Australia; Brazil; Argentina; Colombia; South Africa; Saudi Arabia; UAE

Key companies profiled

Innovative Medicine, LLC ,Northwest Natural Health Clinic, Immunotherapy Institute, Georgia Cancer Specialists, Holistic Bio Spa, Johnson & Johnson, Celgene Corporation, Astellas Pharma,Inc., Novartis AG., Merck KGaA.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, global alternative cancer therapeutics market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

·         Alternative Cancer Therapeutics Market, By Therapy Type:

o      Hormone Therapies

o      Acupuncture and Dietary Supplements

o      Others

·         Alternative Cancer Therapeutics Market, By Disease Type:

o      Gastrointestinal

o      Lung Cancer

o      Breast Cancer

o      Colorectal Cancer

o      Leukemia,

o      Lymphoma

o      Melanoma

o      Prostate Cancer

o      Others

·         Alternative Cancer Therapeutics Market, By End Users:

o     Hospitals and Clinics

o     Cancer and Radiation Therapy Center

o     Home Care

o     Others

·         Alternative Cancer Therapeutics Market, By Region:

o      North America

§  United States

§  Canada

§  Mexico

o      Europe

§  France

§  Germany

§  United Kingdom

§  Italy

§  Spain

o      Asia Pacific

§  China

§  India

§  Japan

§  South Korea

§  Australia

o      South America

§  Brazil

§  Argentina

§  Colombia

o      Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Alternative Cancer Therapeutics Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Alternative Cancer Therapeutics Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.     Markets Covered

1.2.2.     Years Considered for Study

1.2.3.     Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    Global Alternative Cancer Therapeutics Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value

5.2.  Market Share & Forecast

5.2.1.     By Therapy Type (Hormone Therapies, Acupuncture and Dietary Supplements, Others)

5.2.2.     By Disease Type (Gastrointestinal, Lung Cancer, Breast Cancer, Colorectal Cancer, Leukemia, Lymphoma, Melanoma, Prostate Cancer, Others)

5.2.3.     By End Users (Hospitals and Clinics, Cancer and Radiation Therapy Center, Home Care, Others)

5.2.4.     By Region

5.2.5.     By Company (2022)

5.3.  Product Map

5.3.1.     By Therapy Type

5.3.2.     By Disease Type

5.3.3.     By End Users

5.3.4.     By Region

6.    North America Alternative Cancer Therapeutics Market Outlook

6.1.  Market Size & Forecast          

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Therapy Type (Hormone Therapies, Acupuncture and Dietary Supplements, Others)

6.2.2.     By Disease Type (Gastrointestinal, Lung Cancer, Breast Cancer, Colorectal Cancer, Leukemia, Lymphoma, Melanoma, Prostate Cancer, Others)

6.2.3.     By End Users (Hospitals and Clinics, cancer and Radiation Therapy Center, Home Care, Others)

6.2.4.     By Country

6.3.  North America: Country Analysis

6.3.1.     United States Alternative Cancer Therapeutics Market Outlook

6.3.1.1.         Market Size & Forecast

6.3.1.1.1.             By Value

6.3.1.2.         Market Share & Forecast

6.3.1.2.1.             By Therapy Type

6.3.1.2.2.             By Disease Type

6.3.1.2.3.             By End User

6.3.2.     Canada Alternative Cancer Therapeutics Market Outlook

6.3.2.1.         Market Size & Forecast

6.3.2.1.1.             By Value

6.3.2.2.         Market Share & Forecast

6.3.2.2.1.             By Therapy Type

6.3.2.2.2.             By Disease Type

6.3.2.2.3.             By End User

6.3.3.     Mexico Alternative Cancer Therapeutics Market Outlook

6.3.3.1.         Market Size & Forecast

6.3.3.1.1.             By Value

6.3.3.2.         Market Share & Forecast

6.3.3.2.1.             By Therapy Type

6.3.3.2.2.             By Disease Type

6.3.3.2.3.             By End User

7.    Europe Alternative Cancer Therapeutics Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Therapy Type (Hormone Therapies, Acupuncture and Dietary Supplements, Others)

7.2.2.     By Disease Type (Gastrointestinal, Lung Cancer, Breast Cancer, Colorectal Cancer, Leukemia, Lymphoma, Melanoma, Prostate Cancer, Others)

7.2.3.     By End Users (Hospitals and Clinics, cancer and Radiation Therapy Center, Home Care, Others)

7.2.4.     By Country

7.3.  Europe: Country Analysis

7.3.1.     France Alternative Cancer Therapeutics Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Therapy Type

7.3.1.2.2.             By Disease Type

7.3.1.2.3.             By End User

7.3.2.     Germany Alternative Cancer Therapeutics Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Therapy Type

7.3.2.2.2.             By Disease Type

7.3.2.2.3.             By End User

7.3.3.     United Kingdom Alternative Cancer Therapeutics Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Therapy Type

7.3.3.2.2.             By Disease Type

7.3.3.2.3.             By End User

7.3.4.     Italy Alternative Cancer Therapeutics Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Therapy Type

7.3.4.2.2.             By Disease Type

7.3.4.2.3.              

7.3.4.2.4.             By End User

7.3.5.     Spain Alternative Cancer Therapeutics Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Therapy Type

7.3.5.2.2.             By Disease Type

7.3.5.2.3.             By End User

8.    Asia-Pacific Alternative Cancer Therapeutics Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Therapy Type (Hormone Therapies, Acupuncture and Dietary Supplements, Others)

8.2.2.     By Disease Type (Gastrointestinal, Lung Cancer, Breast Cancer, Colorectal Cancer, Leukemia, Lymphoma, Melanoma, Prostate Cancer, Others)

8.2.3.     By End Users (Hospitals and Clinics, cancer and Radiation Therapy Center, Home Care, Others)

8.2.4.     By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.     China Alternative Cancer Therapeutics Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Therapy Type

8.3.1.2.2.             By Disease Type

8.3.1.2.3.             By End User

8.3.2.     India Alternative Cancer Therapeutics Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Therapy Type

8.3.2.2.2.             By Disease Type

8.3.2.2.3.             By End User

8.3.3.     Japan Alternative Cancer Therapeutics Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Therapy Type

8.3.3.2.2.             By Disease Type

8.3.3.2.3.             By End User

8.3.4.     South Korea Alternative Cancer Therapeutics Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Therapy Type

8.3.4.2.2.             By Disease Type

8.3.4.2.3.             By End User

8.3.5.     Australia Alternative Cancer Therapeutics Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Therapy Type

8.3.5.2.2.             By Disease Type

8.3.5.2.3.             By End User

9.    South America Alternative Cancer Therapeutics Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Therapy Type (Hormone Therapies, Acupuncture and Dietary Supplements, Others)

9.2.2.     By Disease Type (Gastrointestinal, Lung Cancer, Breast Cancer, Colorectal Cancer, Leukemia, Lymphoma, Melanoma, Prostate Cancer, Others)

9.2.3.     By End Users (Hospitals and Clinics, cancer and Radiation Therapy Center, Home Care, Others)

9.2.4.     By Country

9.3.  South America: Country Analysis

9.3.1.     Brazil Alternative Cancer Therapeutics Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Therapy Type

9.3.1.2.2.             By Disease Type

9.3.1.2.3.             By End User

9.3.2.     Argentina Alternative Cancer Therapeutics Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Therapy Type

9.3.2.2.2.             By Disease Type

9.3.2.2.3.             By End User

9.3.3.     Colombia Alternative Cancer Therapeutics Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Therapy Type

9.3.3.2.2.             By Disease Type

9.3.3.2.3.             By End User

10.  Middle East and Africa Alternative Cancer Therapeutics Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Therapy Type (Hormone Therapies, Acupuncture and Dietary Supplements, Others)

10.2.2.  By Disease Type (Gastrointestinal, Lung Cancer, Breast Cancer, Colorectal Cancer, Leukemia, Lymphoma, Melanoma, Prostate Cancer, Others)

10.2.3.  By End Users (Hospitals and Clinics, cancer and Radiation Therapy Center, Home Care, Others)

10.2.4.  By Country

10.3.              MEA: Country Analysis

10.3.1.  South Africa Alternative Cancer Therapeutics Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Therapy Type

10.3.1.2.2.           By Disease Type

10.3.1.2.3.           By End User

10.3.2.  Saudi Arabia Alternative Cancer Therapeutics Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Therapy Type

10.3.2.2.2.           By Disease Type

10.3.2.2.3.           By End User

10.3.3.  UAE Alternative Cancer Therapeutics Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Therapy Type

10.3.3.2.2.           By Disease Type

10.3.3.2.3.           By End User

11.  Market Dynamics

11.1.              Drivers

11.1.1 Growing Prevalence of Cancer

11.1.2 Growing Healthcare Expenditure

11.2.              Challenges

11.2.1 Lack of Awareness about New Therapies

11.2.2 High Cost of Treatment

12.  Market Trends & Developments

12.1.              Recent Development

12.2.              Mergers & Acquisitions

12.3.              Product Launches

13.  Global Alternative Cancer Therapeutics Market: SWOT Analysis

14.  Porter’s Five Forces Analysis

14.1.              Competition in the Industry

14.2.              Potential of New Entrants

14.3.              Power of Suppliers

14.4.              Power of Customers

14.5.              Threat of Substitute Products

15.  Competitive Landscape

15.1.              Business Overview

15.2.              Product Offerings

15.3.              Recent Developments

15.4.              Financials (As Reported)

15.5.              Key Personnel

15.6.              SWOT Analysis

15.6.1.  Innovative Medicine, LLC

15.6.2.  Northwest Natural Health Clinic

15.6.3.  Immunotherapy Institute

15.6.4.  Georgia Cancer Specialists

15.6.5.  Holistic Bio Spa

15.6.6.  Johnson & Johnson

15.6.7.  Celgene Corporation

15.6.8.  Astellas Pharma, Inc.

15.6.9.  Novartis AG

15.6.10.   Merck KGaA

Strategic Recommendations

Figures and Tables

Frequently asked questions

down-arrow

The rising incidence of different types of cancer and inefficiency of existing treatments in properly treating cancer is driving the growth of the global Alternative Cancer Therapeutics market.

down-arrow

Innovative Medicine, LLC. , Northwest Natural Health Clinic., Immunotherapy Institute, Georgia Cancer Specialists, Holistic Bio Spa, Johnson & Johnson, Celgene Corporation, Astellas Pharma, Inc., Novartis AG., Merck KGaA. are some of the leading players operating in the Global Alternative Cancer Therapeutics Market.

down-arrow

The acupuncture therapy type is expected to dominate the global alternative cancer therapeutics market during the forecast period.

down-arrow

North American region is expected to hold the largest share in the Global Alternative Cancer Therapeutics Market because of the growing prevalence of different types of cancers in the region especially in the United States.

profile

Sakshi Bajaal

Business Consultant
Press Release

Alternative Cancer Therapeutics Market to be Dominated by Acupuncture through 2028

Jan, 2023

The increasing prevalence of cancer is expected to drive the growth of global alternative cancer therapeutics market in the forecast period, 2024-2028.