Alternative Cancer Therapeutics Market is expected to grow at 9.62% through 2030F
The increasing prevalence of cancer
is expected to drive the growth of global alternative cancer therapeutics
market in the forecast period, 2026-2030.
According to TechSci Research report, “Alternative
Cancer Therapeutics Market - Global Industry Size, Share, Trends,
Opportunity, and Forecast, 2020-2030F” Global Alternative Cancer Therapeutics Market was valued at USD 15.65 billion in 2024 and is expected to reach USD 26.94 billion by 2030 with a CAGR of 9.62% during the forecast period. This can be ascribed to the increasing government
initiatives to promote the adoption of alternative cancer therapeutics along with
regulatory norms related to the right to health in all types of therapies. The
growing disposable incomes and greater government spending on healthcare
systems in the developing regions especially in North America and Europe are
expected to create lucrative opportunities for alternative cancer therapeutics
market growth in the coming years. Besides, the growing popularity of
alternative cancer therapeutics and the healthcare insurance companies offering
the coverage of alternative cancer therapies to the patients will drive the
market growth over the years. The growing awareness among consumers regarding
the availability of different complementary therapies that are free from any
complications and side-effects is expected to drive the market growth
significantly during the forecast period.
However, side effects associated with alternative
therapies may slow down the growth of the global alternative cancer
therapeutics market in the forecast period. Also, a lack of awareness about new
alternative therapies for the treatment of different types of cancers in
emerging countries can further restrict the growth of the global alternative
cancer therapeutics market. Similarly, the high cost and diagnosis and
treatment for cancer can further restrict the growth of the market during the
forecast period.
Browse over XX market data Figures
spread through xx Pages and an in-depth
TOC on "Alternative Cancer Therapeutics
Market"
Global Alternative Cancer Therapeutics market can be
segmented by therapy type, disease type, end users, region, and competitive
landscape.
Based on the therapy type, Hormone therapies are emerging as the fastest growing segment in the global alternative cancer therapeutics market, driven by their increasing adoption in treating hormone-sensitive cancers such as breast and prostate cancer. This growth is fueled by their proven clinical efficacy and targeted mechanism of action, which involves blocking or modifying the hormones that contribute to cancer progression. Therapies like selective estrogen receptor modulators (SERMs) and aromatase inhibitors are becoming integral components of modern cancer treatment strategies due to their ability to deliver effective outcomes with fewer side effects compared to more invasive treatments. While acupuncture and dietary supplements are gaining traction for their supportive benefits—such as pain relief, nausea reduction, and immune support—they play a complementary rather than curative role. Acupuncture is often used to improve quality of life during cancer treatment, and dietary supplements are commonly integrated to enhance overall health. However, these alternatives lack the robust scientific validation that hormone therapies offer in directly combating cancer. As a result, hormone therapies are witnessing accelerated growth and are expected to lead the expansion of the alternative cancer therapeutics market in the coming years.
Based on region, Asia-Pacific is the
fastest-growing region in the global alternative cancer therapeutics market due
to several key factors. The region is witnessing a significant rise in cancer
incidence, driven by aging populations, lifestyle changes, urbanization, and
increased exposure to risk factors such as smoking, poor diet, and pollution.
Additionally, growing healthcare awareness and government initiatives aimed at
improving cancer care infrastructure are boosting demand for both conventional
and alternative therapies. Countries like China, India, and Japan are making
substantial investments in healthcare technologies and research, while also
expanding access to integrative oncology services. The rising acceptance of
complementary treatments such as herbal medicine, acupuncture, and traditional
systems like Ayurveda and Traditional Chinese Medicine (TCM) is further
propelling market growth. Moreover, increasing disposable incomes, improving
health insurance coverage, and the expansion of medical tourism in the region
are enhancing the accessibility and affordability of alternative cancer
treatments, making Asia-Pacific a dynamic growth hub.
Major companies operating in the
global alternative cancer therapeutics market are:
- 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
Download Free Sample Report
Customers can also request for 10%
free customization on this report.
“North America was expected to dominate the Global
Alternative Cancer Therapeutics market on account of growing adoption of
alternative medicines by patients and decreasing dependency on the modern
medicines. Similarly, growing healthcare initiatives and awareness campaigns
taken by government organizations in order to educate people and healthcare
professionals about new alternative therapies such as acupuncture will further boost the growth of the market over the years. Furthermore, growing adoption of new treatments such as yoga and acupuncture for the treatment of cancer is anticipated to drive the growth of the market over the years. Besides, the
growing number of new companies in the market and technological advancements in
the development of new therapies for the treatment of cancer and growing
approval of new therapies and their successful commercialization in the market
are further expected to create lucrative opportunities for market growth,” said
Mr. Karan Chechi, Research Director of TechSci Research, a research-based
global management consulting firm.
“Alternative Cancer
Therapeutics Market - Global Industry Size,
Share, Trends, Opportunity, and Forecast, Segmented By Therapy Type
(Hormone Therapies, Acupuncture and Dietary Supplements, Others), By Disease
Type (Gastrointestinal, Lung Cancer, Breast Cancer, Colorectal Cancer,
Leukemia, Lymphoma, Melanoma, Prostate Cancer, Others), By End Users (Hospitals
and Clinics, Cancer and Radiation Therapy Center, Home Care, Others), By
Region, and Competition 2020-2030F”, has evaluated the future
growth potential of global alternative cancer therapeutics market and provides
statistics & information on market size, structure, and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision-makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in the Global Alternative Cancer Therapeutics
market.
Contact
TechSci Research LLC
420 Lexington Avenue, Suite
300,
New York, United States-
10170
Tel: +1-332-258-6602
Email: [email protected]
Website: www.techsciresearch.com