The U.S. spends nearly $4 trillion a year on cancer care, more than double the cost of any other nation.
But the cancer-focused herbal medicine market is just one of many industries that are struggling to compete with pharmaceuticals, which are the industry leaders in most countries.
Tribal and traditional medicine are in particular trouble.
The World Health Organization (WHO) recently released a report that found that traditional medicines are more effective than newer, synthetic drugs, but the pharmaceutical companies are still the biggest players in that space.
While the U.K. government has started paying for some traditional treatments, there are still a lot of them that are only available through clinics, or via traditional medicine associations.
Many traditional practitioners still have difficulty in getting traditional medicines to doctors because they have a long waitlist for them.
“Traditional medicine is the backbone of traditional societies,” said Mary L. Smith, the president of the American Traditional Medicine Association.
She is part of a coalition of groups, including the Traditional Medicines Association, the National Association of Traditional Medicine Administrators, the Association of the Traditional Medicine Practitioners and the American College of Traditional Physicians, that recently submitted a letter to President Barack Obama calling for more funding to support traditional medicines.
“It is time for the United States to invest in the delivery of traditional medicines and to provide greater access to their products,” the letter states.
Smith’s group estimates that $15 billion a year will be needed to support these treatments.
“We have seen the costs of traditional medicine rise at a rate of over 20 percent per year over the last 40 years, with over $5 trillion of annual spending going to support only one-third of the needs of the health care system,” Smith said.
“That is a tremendous amount of money that is being spent on one thing, and that is to provide access to care for people who have been marginalized for decades, and to fund their treatment.”
According to Smith, there’s no way the United Kingdom can afford to pay for all of these treatments on its own.
The country’s health ministry estimates that it will need to spend $150 billion over the next decade to provide all of its traditional medicines, with about $50 billion in spending expected to be directed toward herbal medicine.
But there are also a lot more traditional practitioners in Britain, where traditional medicine is widely accepted and accepted by the general public. The U