Alternative Health Therapies in Australia - IBISWorld Industry Market Research

Alternative Health Therapies in Australia

Alternative Health Therapies in Australia - IBISWorld Industry Market Research
Alternative Health Therapies in Australia
Published Nov 27, 2014
30 pages — Published Nov 27, 2014
Price US$ 910.00  |  Buy this Report Now

About This Report


The Alternative Health Therapies industry has undergone healthy growth over the past five years. The industry has been buoyed by the population's increasing acceptance of therapies that are either alternative to conventional Western medicine or complementary to conventional treatments. Industry revenue has further been boosted by the ageing population and growing private health insurance membership. Meanwhile, improving economic conditions following the global financial crisis have also helped stimulate revenue growth over the past five years. Overall, industry revenue is expected to rise by a compound annual 4.0% over the five years through 2014-15, to reach $3.9 billion.

Practitioners in this industry primarily deliver treatments that are not commonly practiced under mainstream Western medicine. These therapies are intended to either complement Western medicine or as an alternative form of treatment. The industry includes treatments such as acupuncture, traditional Chinese medicine, aromatherapy and homeopathy.

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

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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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IBISWorld Industry Market Research. "Alternative Health Therapies in Australia" Nov 27, 2014. Alacra Store. Oct 22, 2016. <>
IBISWorld Industry Market Research. (2014). Alternative Health Therapies in Australia Nov 27, 2014. New York, NY: Alacra Store. Retrieved Oct 22, 2016 from <>
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