Homeopaths in the US - Industry Market Research Report

Homeopaths in the US - Industry Market Research Report

Homeopaths

The aging population and struggling US economy have fostered mounting interest in homeopathic healing methods. This trend has spurred growth in the Homeopaths industry, with double-digit sales growth in recent years. Although significant concerns continue to exist about the legitimacy and efficacy of homeopathy 200 years after its development, a slowly growing percentage of the population is turning to industry providers for healthcare. During the five years to 2012, IBISWorld estimates that the percentage of the US adult population that uses homeopathy has increased. In the five years to 2017, the industry will continue to grow thanks to these trends, coupled with rising per capita disposable income.

This industry provides a form of alternative medicine not classified in any other industry. Homeopaths are engaged in the practice of homeopathy, a treatment which is based on the use of highly diluted substances. Practitioners in this industry operate private or group practices in their own offices or in the facilities of others, such as medical centers or patient homes.

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.