Global & Economic Impact
1. Trust and Beliefs:
- Respect of every cultural health belief that will improve the compliance and trust of the patients and the practitioner.
- Due to the cultural beliefs, patients get comfortable and familiar with treatment procedures.
2. Misappropriation and Obstacles:
- Concerns exist over cultural appropriation when traditional remedies are marketed without acknowledging their origins.
- Commercialization can strip practices of their cultural or spiritual context.
3. Exchange and Global well-known:
- Western countries increasingly study and adapt practices like acupuncture and herbalism.
- International conferences and journals now focus on validating and standardizing global alternative therapies.
4. Traditional Medicine in cultures globally:
- Ayurveda in India, Traditional Chinese Medicine (TCM), and Indigenous healing methods have been practiced for thousands of years.
- In many countries, traditional medicine remains the primary form of healthcare for large portions of the population (Demos, 2007).
Economic Accessibility:
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Accessibility in undeveloped Areas:
- In undeveloped regions, people have very less or limited access
to doctors or hospitals, the only option is a plant-based medicines
or traditional.
- Modern clinical services are less relevant and less accessible
than Community-based alternative care.
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Conventional Care vs. Cost:
- In most of the cases, Alternative treatments are cheaper than
conventional surgeries or pharmaceuticals.
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Long-term
healthcare costs can be reduced by approaches ( by preventing
chronic diseases.
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Obstacles to Entry:
- Due to insufficient research funding, it can limit innovation
and technology of advancement in the fields.
- Due to expensive licensing requirements and costs can stop
qualified individuals from the traditional communities.
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Economic Growth & Job opportunities:
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The
wide variety of professionals supports by the field – herbalists,
acupuncturists, massage therapists, naturopaths, and more