The growing demand for homeopathy
Homeopathy has been integrated into the healthcare systems of many European countries including France, Germany, the Netherlands, Italy, Switzerland and Portugal.
A survey conducted by Global TGI in 2008 found 15% of the population of Britain trusted homeopathy.
Research carried out by market research analyst Mintel estimates U.S. retail sales of homeopathic and herbal remedies reached $6.4 billion in 2012, up almost 3% from 2011, which means the market has grown 16% over the past five years. Mintel forecasts demand will continue to increase over the next few years and by 2017 sales are expected to reach $7.5 billion as more Americans become proactive about their health and the availability of these medicines increases through mass retailers.
In India homeopathy is one of the most popular forms of medicine. Today there are are over 200,000 registered homeopathic practitioners, 215 homeopathic hospitals and 7,000 homeopathic dispensaries.
Homeopathy enjoys a high level of support from politicians. In 2007, 206 MPs signed an Early Day Motion welcoming the contribution of homeopathy to NHS healthcare.
Paul McCartney, David Beckham, Twiggy, Roger Daltrey, Caprice, Susan Hampshire, Tina Turner, Louise Jameson, Gaby Roslin, Jude Law, Sadie Frost, Nadia Sawalha, Richard Branson, Debra Stephenson and Meera Syal, as well as The Queen are all users of homeopathy.
1. Global TGI Barometer, January 2008; Issue 33.
2. Complementary Medicines – UK, Mintel April 2007
3. ECHAMP’s Facts & Figures, 2nd Ed, 2007.