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Pharmacy benefit management market
Crystal Therapies Market REPORT OVERVIEW
global crystal therapies market size was USD 77.61 million in 2021 and market is projected to touch 223.35 Million by 2031, exhibiting a CAGR of 11.15% during the forecast period.
Crystal therapy, also known as crystal healing, is an alternative therapy that uses crystals and gemstones to promote physical, emotional, and spiritual healing. The practice is based on the belief that crystals have a unique vibrational energy that can be used to balance and harmonize the energy in the body. Crystal therapy practitioners use a variety of techniques to work with the energy of the crystals. These may include placing crystals on or around the body, wearing them as jewelry, or using them in meditation or visualization exercises.
Proponents of crystal therapy believe that different types of crystals have different healing properties. For example, clear quartz is thought to be a powerful energy amplifier, while rose quartz is said to promote love and emotional healing. It is also important to note that crystal therapy should not be used as a replacement for conventional medical treatment, and anyone with a medical condition should always consult with a qualified healthcare professional.
COVID-19 Impact: Mental Health Support Boosted Market Demand.
COVID-19 had a life changing impact globally. The global crystal therapies market share was significantly affected. The virus had various impacts on different markets. Lockdowns were imposed in several nations. This erratic pandemic caused disruptions on all sorts of businesses. Restrictions tightened during the pandemic due to increasing number of cases. Numerous Industries were affected. However, the market for crystal therapies experienced an increased demand.
Many crystal therapy practitioners typically offer in-person sessions, either one-on-one or in group settings. However, with social distancing measures in place to slow the spread of COVID-19, many practitioners have had to cancel or postpone these sessions. Some practitioners have turned to online or distance sessions as an alternative.
The pandemic has taken a toll on mental health, with many people experiencing anxiety, depression, and other mental health challenges. Some crystal therapy practitioners have shifted their focus to addressing these issues, using crystals and other tools to help support mental and emotional wellness during this difficult time. However, as the pandemic subsided the global crystal therapies market share is anticipated to grow.
LATEST TRENDS
"Combination Therapies to Benefit Market Prospects"
Crystal therapy practitioners are increasingly combining crystals with other healing modalities, such as aromatherapy, sound therapy, and meditation. These combinations can create a more holistic healing experience for clients. Some crystal therapy practitioners are now offering personalized treatments tailored to the individual needs of each client. This might involve selecting specific crystals based on the client's energy or chakra imbalances, or using different techniques depending on the client's unique needs.
While crystal therapy has traditionally been considered an alternative therapy without much scientific backing, there has been some recent scientific research into the potential benefits of crystals. For example, a 2020 study published in the Journal of Complementary and Alternative Medicine found that wearing a specific type of bracelet containing tourmaline, a type of crystal, led to improvements in sleep quality in participants. These latest developments are anticipated to boost the global crystal therapies market share.
Crystal Therapies Market SEGMENTATION
- By Type
Based on type, the market is divided into purple, indigo, blue, green, yellow, and others.
- By Application
Based on application, the market is bifurcated into mattress, pillow, and others.
DRIVING FACTORS
"Increased Demand for Holistic Therapies to Boost Market Share "
In recent years, there has been a growing interest in holistic and alternative therapies that address the whole person, rather than just treating symptoms. As people look for ways to support their physical, emotional, and spiritual health, many are turning to practices like crystal therapy. Crystal therapy is a non-invasive treatment that doesn't involve drugs or surgery, which makes it an appealing option for people who are looking for natural, non-invasive ways to support their health.
"Belief in Energy of Crystal to Boost Market Size"
Crystal therapy is a non-invasive treatment that doesn't involve drugs or surgery, which makes it an appealing option for people who are looking for natural, non-invasive ways to support their health. Crystal therapy is often used in combination with other healing modalities, such as aromatherapy, massage, and meditation. This integrative approach can be appealing to people who are looking for a more comprehensive approach to healing. These factors are anticipated to boost the global crystal therapies market share.
RESTRAINING FACTORS
"Lack of Scientific Evidence to Hamper Market Share"
While there is anecdotal evidence to support the benefits of crystal therapy, there is currently limited scientific evidence to back up these claims. This has made it difficult for crystal therapy to gain widespread acceptance in mainstream healthcare. Some people are skeptical of crystal therapy, and criticize it as being unscientific or lacking in evidence. This can create barriers to acceptance and adoption, especially in more conservative or traditional healthcare settings. These factors are anticipated to hamper the global crystal therapies market share.
Crystal Therapies Market REGIONAL INSIGHTS
"Asia-Pacific Dominates the Crystal Therapies Market"
APAC is the major shareholder for the global crystal therapies market share. As such, these regions may have a deeper cultural connection and history with crystal therapy than other regions. This may be due in part to the increasing interest in holistic and alternative therapies in these regions, as well as the greater availability of information and resources. North America is the second major shareholder for the global crystal therapies market share.
KEY INDUSTRY PLAYERS
"Key Players Focus on Partnerships to Gain a Competitive Advantage "
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead in the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolio.
LIST OF TOP CRYSTAL THERAPIES COMPANIES
- HealthyLine [U.S.]
- Ereada Corp [U.S.]
- Richway & Fuji Bio Inc. [U.S.]
- SLEEPM Global INC [U.S.]
- GemsMat [U.S.]
- The Fine Bedding Company [U.K.]
- MediCrystal LLC [U.S.]
REPORT COVERAGE
This research profiles a report with extensive studies that take into description of the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics changes.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 77.61 Million in 2021 |
Market Size Value By |
US$ 223.35 Million by 2031 |
Growth Rate |
CAGR of 11.15% from 2021 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered | |
By Type
|
|
By Application
|
Frequently Asked Questions
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Which region dominates the global crystal therapies market?
APAC dominates the global crystal therapies market.
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Which are the driving factors of the crystal therapies market?
Increased Demand for Holistic Therapies and Belief in Energy of Crystal are the driving factors of the crystal therapies market.
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Which are the top companies operating in the crystal therapies market?
HealthyLine, Ereada Corp, Richway & Fuji Bio Inc., SLEEPM Global INC, GemsMat, The Fine Bedding Company, and MediCrystal LLC are key companies operating in the crystal therapies market.