FierceHealthcareFierceHealthITFierceHealthFinanceFierceEMRHospital ImpactFierceMobileHealthcare   FiercePharma

Annual U.S. tab for alternative medicine hits $34 billion

Tools
Tags
National Center For Complementary And Alternative Medicine
Complementary And Alternative Medicine
Cam Products
Cam Practitioners

When NIH established its National Center for Complementary and Alternative Medicine, some people in the traditional medical community thought it was a waste of time or worse, an endorsement of unorthodox or even dangerous practices. Over time, it's become clear that whether traditional providers like it or not, consumers take these service seriously.

The latest statistics from the National Center show that U.S. adults spent $33.9 billion out of pocket on visits to complementary and alternative medicine (CAM) practitioners in 2007, along with purchase of CAM products, classes and materials.

Of that $33.9 billion, about $22 billion was spent on self-care items, including non-vitamin, non-mineral natural products ($14.8 billion) such as fish oil, glucosamine and echinacea. U.S. adults also spent about $11.9 billion on about 354.2 million visit to CAM practitioners like chiropractors and massage therapists.

These figures put CAM spending at about 1.5 percent of the total $2.2 trillion in healthcare expenditures made that year, and 11.2 percent of out of pocket healthcare expenditures in the U.S.

To learn more about this data:
- read this NIH press release

Bookmark and Share
Get Your FREE FierceHealthcare Email Newsletter:
Comments (3) | Post a comment

Comments

I just read a statistic which stated that half the American public takes vitamins and less than 1% of the physicians practice Orthomolecular medicine. Any reasonable person has to realize that allopathic medicine is probably less effective than alternative medicine.

The high premiums similar to the peak oil price last year may offer a hint

WoW,nice post!
I was amazed, your post really have information that I'm searching for..
Thanks a lot for your post
Ahya I have some post about Alternative Medicine
If you have time just have a look at my Site, it could give you some tips on Alternative Medicine
visit : http://www.alternativemedicinesecret.com
I'm waiting for your comment
thanks for the attention!!

Post new comment

The content of this field is kept private and will not be shown publicly.

More information about formatting options

To combat spam, please enter the code in the image.