Homeopathy Market is Expected to Grow Rs. 58 Bn by Next Decade
The homeopathy medicine market in India will be worth over Rs.58 billion in the next one decade, a health expert has said.
“Currently the homeopathy market in India is worth Rs.6.3 billion and will be worth Rs.58.73 billion by 2017. It's growing by nearly 25 percent per year,” Mukesh Batra, managing director of Dr. Batra's Positive Health Clinics Ltd, said here Thursday.
Quoting a fresh survey by AC Neilson on homeopathy in India, Batra said that this form of medicine is a favourite among people for the treatment of mainly skin, hair, respiratory and arthritis problems.
The survey, which was conducted in seven cities - Delhi, Mumbai, Kolkata, Chennai, Hyderabad, Bangalore and Chandigarh - found that 62 percent of current homeopathy users have never tried allopathic treatment.
Besides, about 82 percent of homeopathy users said they would not switch over to allopathic treatment.
“Patients' loyalty, safe practice and fewer side effects are the main reasons for the growth of this sector. It has a huge potential in India but mostly untapped so far,” Batra said.
He said nearly one million people practise homeopathy in India. But France is the biggest market for this form of medicine.
Currently the world market for homeopathy is worth Rs.84 billion and France contributes the biggest pie with a market worth Rs.16.8 billion, Batra added.
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Water Memory Effects Explored In New Issue Of Homeopathy Journal: 05 Aug 2007
A special issue of the journal Homeopathy, journal of the Faculty of Homeopathy and published by Elsevier, on the 'Memory of Water' brings together scientists from around the world for the first time to publish new data, reviews and discuss recent scientific work exploring the idea that water can display memory effects. The concept of memory of water is important to homeopathy because it offers a potential explanation of the mechanism of action of very high dilutions often used in homeopathy.
http://www.medicalnewstoday.com/articles/78601.php
