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Homeopathy gaining popularity Indo-Asian News ServiceSunday, December 9, 2007 (New Delhi): http://www.ndtvprofit.com/homepage/storybusinessnew.asp?id=42202 & template= & cache=12/9/2007%2012:22:43%20PM#The Indian homeopathy market is expected to top Rs.26 billion by 2010 and outpace the growth of pharmaceutical industry in the country, says a study by a leading industry chamber."Users of homeopathy are multiplying not only within the country, but throughout the world as it roots out aliments for good," says the study by

the Associated Chambers of Commerce and Industry (Assocham), released on Sunday.The market of this traditional medicine in India, estimated around Rs.12.5 billion, would continue to grow at around 25-30 per cent, against 13-15 per cent for the pharmaceuticals industry, the study says.In the year 2006-07, about 50 million people opted for homeopathy. This number would exceed 100 million by the end of 2010, according to the study.Citing reasons for the growth of country's homeopathy market Assocham President Venugopal N Dhoot said: "It is not only effective in treating chronic aliments like respiratory diseases, arthritis, diabetes and thyroid problems to name a few, but without any side effects.""Also patients derive utmost satisfaction due to better consultation with the physician at a highly affordable cost," he added.Overseas popularityNot only in the country, but also across the globe the homeopathy market has

expanded and crossed a whopping Rs.135 billion, growing at the rate of no less than 25 per cent. Out of this, the French homeopathy market has a lion's share of about Rs.45 billion, the study says."One of the biggest reasons for its escalation in market size both in the country and globally is that homeopathic treatment is easily accessible online to over 10 million patients across the country and in 95 countries globally," added Dhoot.Currently India has over 400,000 registered homeopaths giving their services in 2,860 hospitals, with a total of 45,720 beds, providing traditional Indian systems of medicine and homeopathy besides 22,100 dispensaries of other traditional medicine. The country churns out no less than 13,000 homeopaths every year. The number of registered traditional medicine practitioners and homeopaths stands at 587,536, which include both institutionally and non-institutionally qualified.Even though homeopathic drugs cost

only a fraction of allopathic or even ayurvedic medicines, there is a huge gap between homeopathy and healthcare industry, due to the lack of hospitals and institutions. "There are very few institutions for hospitalisation and that is where a lot of money comes from.""Moreover, the distribution of products in homeopathy is very poor. Homeopathy medicines are hardly available in 10-15 outlets in a city, compared to the reach of allopathic medicines," concluded Dhoot. There is no longer any serious doubt that health officials are covering up a big story, trying to side step a growing swell of evidence that threatens the very foundation of medical science and practice. It is obvious that the medical profession cannot afford to have the public ever find out the truth about

vaccination for there is simply just too much at stake for them. - Dr Mark Sircus, MD.

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