According to a recent report by Proficient Market Insights, the healthcare and wellness market is expected to experience impressive growth in the coming years – particularly in the sale and distribution of natural and organic products.
The report, titled “The Healthcare and Wellness Market,” analyzed the increasing demand of key market shareholders from 2022 to 2028. Some of the biggest trends and topics to emerge were alternative medicine, beauty care, anti-aging care, preventative and personalized medicine, public health, and nutrition or weight loss. Of all the global healthcare and wellness markets, the Chinese, European, and American markets are anticipated to grow the most in the coming six years.
Key players in the market are expected to be Massage Envy, World Gym, Fitness World, Nanjing Zhaohui, Gold's Gym International, Kaya Skin Clinic, and Arashiyu Japanese Foot Spa.
Another key factor driving the growth of the healthcare and wellness market is the increasing awareness of preventive healthcare. As more people take a proactive approach to their health due to the COVID-19 pandemic, there is a growing demand for products and services that promote wellness and prevent illness, such as natural or homeopathic products.
Moreover, the popularity of alternative therapies and wellness practices is also expanding the healthcare and wellness market. Consumers are increasingly turning to alternative therapies such as acupuncture, yoga, and herbal remedies to improve their health and well-being.
Despite the positive developments, there are also challenges facing the healthcare and wellness industry, including rising costs and a shortage of healthcare professionals. While consumers attempt to take their health into their own hands, there is no replacement for traditional medicine. According to the study, there is a need for increased investment in healthcare infrastructure, as well as efforts to improve access to healthcare services and products, particularly in developing countries.