By 2021, the alternative medicine industry revenue is expected to amount to some 21 billion U.S. dollars in the United States. This statistic shows a compilation of actual, estimated, and projected U.S. alternative medicine industry annual revenues in select years between 2011 and 2021. The term alternative medicine means any form of medicine that is outside the mainstream of western or conventional medicine as practiced by the majority of physicians, in hospitals, etc. Well-known examples of alternative medicine are: homeopathy, osteopathy, and acupuncture.
Estimated alternative medicine industry revenue in the U.S. from 2011 to 2021*
(in billion U.S. dollars)
* The statistic was assembled from several reports using the same source. The source defines the alternative medicine industry as following: Health services that are not classified in any other industry, such as meditation, yoga or massage. The practitioners in this industry operate private or group practices in their own offices or in the facilities of others, such as hospitals, medical centers or patient homes. This industry does not include chiropractors; mental health specialists; physical, occupational and speech therapists; audiologists; or podiatrists.
** Estimated.
*** Projected.
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IBISWorld. (September 16, 2021). Estimated alternative medicine industry revenue in the U.S. from 2011 to 2021* (in billion U.S. dollars) [Graph]. In Statista. Retrieved January 29, 2022, from https://www.statista.com/statistics/203972/alternative-medicine-revenue-growth/
IBISWorld. "Estimated alternative medicine industry revenue in the U.S. from 2011 to 2021* (in billion U.S. dollars)." Chart. September 16, 2021. Statista. Accessed January 29, 2022. https://www.statista.com/statistics/203972/alternative-medicine-revenue-growth/
IBISWorld. (2021). Estimated alternative medicine industry revenue in the U.S. from 2011 to 2021* (in billion U.S. dollars). Statista. Statista Inc.. Accessed: January 29, 2022. https://www.statista.com/statistics/203972/alternative-medicine-revenue-growth/
IBISWorld. "Estimated Alternative Medicine Industry Revenue in The U.S. from 2011 to 2021* (in Billion U.S. Dollars)." Statista, Statista Inc., 16 Sep 2021, https://www.statista.com/statistics/203972/alternative-medicine-revenue-growth/
IBISWorld, Estimated alternative medicine industry revenue in the U.S. from 2011 to 2021* (in billion U.S. dollars) Statista, https://www.statista.com/statistics/203972/alternative-medicine-revenue-growth/ (last visited January 29, 2022)
