Acupuncture Needles Market Size, Growthl Trends, Report 2027

Summary

Report Description

The global acupuncture needles market is anticipated to witness a growth of steady CAGR in the forecast period, 2023-2027. This can be ascribed to growing prevalence of chronic diseases such as diabetes, obesity, among others. The prevalence of these diseases has increased on account of the unhealthy lifestyle of the population, increasing alcohol consumption, smoking habits, among others. According to Centers for Disease Control and Prevention, National Diabetes statistics report around 37.3 million people in the United States have diabetes which is about 11.3% of the total population. Acupuncture is helpful in treating pain caused due to chronic diseases. Additionally, there are no major complications or side-effects caused due to acupuncture therapy. All these factors are expected to increase the demand for acupuncture needles, thereby driving the market growth.

Growing Prevalence of Diseases

The increasing prevalence of various chronic diseases, musculoskeletal diseases, lower back pain, among others and the use of acupuncture technique in the treatment of these problems has led to an increase in the demand for the global acupuncture needles market. Besides, growing prevalence of osteoarthritis, rheumatoid arthritis, fibromyalgia, among others are further expected to increase the demand for acupuncture needles market. Estimations suggest that around 59 million people are diagnosed with arthritis in the United States. Besides, acupuncture technique is found to be highly successful in treating pain caused due to several gynecological conditions including period pain.

Growing Geriatric Population

The growing geriatric population across the globe suffering from various diseases is expected to increase the demand for acupuncture therapies, thereby driving the growth of global acupuncture needles market. Geriatric population is more susceptible to injuries, falls and pain caused due to different diseases. According to United Nations, Department of Economic and Social Affairs, Population Division, Number of Persons Aged 65 Years or Above were around 702.9 million in 2019 and this number is expected to reach 1548.9 million by 2050. This in turn is expected to increase the demand for alternative pain-relieving therapies such as acupuncture. The growing popularity of acupuncture therapy has significantly increased the demand for acupuncture needles market.

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Market Segmentation

The global acupuncture needles market can be segmented by product, by material, by application, by end use, and by region. Based on product, the market can be divided into disposable needles and reusable needles. Based on material, the market can be differentiated into stainless steel, gold, silver, and others. Based on application, the market can be segmented into arthritis, back pain, neck/muscle pain, headaches & migraines, and others. Based on end use, the market can be segmented into hospitals & clinics, wellness centers, and others. Regionally, Europe dominated the market among Asia Pacific, North America, Middle East & Africa and South America. In terms of country, United States dominated the global acupuncture needles market in 2021 on account of growing investments in alternative treatments. In 2021, the United States invested USD 20.77 billion dollar in Alternative Medicine Industry.

Market Players

Seirin Corporation, Empecs Medical Co., Ltd., Suzhou Tianxie Acupuncture Instruments Co., Ltd., AcuMedic Ltd., Qingdao Great Fortune Co., Ltd., AcuSupply Inc., 3B Scientific GmbH, Dana Medical Co., Boen Healthcare Co., Ltd., asia-med GmbH are some of the leading players operating in the global acupuncture needles market.

Attribute	Details
Base Year	2021
Historic Data	2017 – 2020
Estimated Year	2022
Forecast Period	2023 – 2027
Quantitative Units	Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027
Report coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends
Segments covered	· By Product · By Material · By Application · By End Use · By Region
Regional scope	North America; Europe; Asia Pacific; South America; Middle East & Africa
Country scope	United States; Canada; Mexico; France; Germany; United Kingdom; Italy; Spain; China; India; Japan; South Korea; Australia; Brazil; Argentina; Colombia; South Africa; Saudi Arabia; UAE
Key companies profiled	Seirin Corporation, Empecs Medical Co., Ltd., Suzhou Tianxie Acupuncture Instruments Co., Ltd., AcuMedic Ltd., Qingdao Great Fortune Co., Ltd., AcuSupply Inc., 3B Scientific GmbH, Dana Medical Co., Boen Healthcare Co., Ltd., asia-med GmbH
Customization scope	10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options	Avail customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, global acupuncture needles market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Acupuncture Needles, By Product:

o Disposable Needles

o Reusable Needles

Acupuncture Needles, By Material:

o Stainless Steel

o Gold

o Silver

o Others

· Acupuncture Needles, By Application:

o Arthritis

o Back Pain

o Neck/Muscle Pain

o Headaches & Migraines

o Others

· Acupuncture Needles Market, By End Use:

o Hospitals & Clinics

o Wellness Centers

o Others

· Acupuncture Needles Market, By Region:

o North America

§ United States

§ Canada

§ Mexico

o Europe

§ France

§ Germany

§ United Kingdom

§ Italy

§ Spain

o Asia Pacific

§ China

§ India

§ Japan

§ South Korea

§ Australia

o South America

§ Brazil

§ Argentina

§ Colombia

o Middle East & Africa

§ South Africa

§ Saudi Arabia

§ UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Global Acupuncture Needles Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global Acupuncture Needles Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

2. Research Methodology

3. Executive Summary

4. Impact of COVID-19 on Global Acupuncture Needles Market

5. Voice of Customer

6. Global Acupuncture Needles Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Product (Disposable Needles v/s Reusable Needles)

6.2.2. By Material (Stainless Steel, Gold, Silver, Others)

6.2.3. By Application (Arthritis, Back Pain, Neck/Muscle Pain, Headaches & Migraines, Others)

6.2.4. By End Use (Hospitals & Clinics, Wellness Centers, Others)

6.2.5. By Company (2021)

6.2.6. By Region

6.3. Market Map

7. North America Acupuncture Needles Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Product

7.2.2. By Material

7.2.3. By Application

7.2.4. By End Use

7.2.5. By Country

7.3. North America: Country Analysis

7.3.1. United States Acupuncture Needles Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Product

7.3.1.2.2. By Material

7.3.1.2.3. By Application

7.3.1.2.4. By End Use

7.3.2. Canada Acupuncture Needles Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Product

7.3.2.2.2. By Material

7.3.2.2.3. By Application

7.3.2.2.4. By End Use

7.3.3. Mexico Acupuncture Needles Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Product

7.3.3.2.2. By Material

7.3.3.2.3. By Application

7.3.3.2.4. By End Use

8. Europe Acupuncture Needles Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Product

8.2.2. By Material

8.2.3. By Application

8.2.4. By End Use

8.2.5. By Country

8.3. Europe: Country Analysis

8.3.1. France Acupuncture Needles Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Product

8.3.1.2.2. By Material

8.3.1.2.3. By Application

8.3.1.2.4. By End Use

8.3.2. Germany Acupuncture Needles Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Product

8.3.2.2.2. By Material

8.3.2.2.3. By Application

8.3.2.2.4. By End Use

8.3.3. United Kingdom Acupuncture Needles Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Product

8.3.3.2.2. By Material

8.3.3.2.3. By Application

8.3.3.2.4. By End Use

8.3.4. Italy Acupuncture Needles Market Outlook

8.3.4.1. Market Size & Forecast

8.3.4.1.1. By Value

8.3.4.2. Market Share & Forecast

8.3.4.2.1. By Product

8.3.4.2.2. By Material

8.3.4.2.3. By Application

8.3.4.2.4. By End Use

8.3.5. Spain Acupuncture Needles Market Outlook

8.3.5.1. Market Size & Forecast

8.3.5.1.1. By Value

8.3.5.2. Market Share & Forecast

8.3.5.2.1. By Product

8.3.5.2.2. By Material

8.3.5.2.3. By Application

8.3.5.2.4. By End Use

9. Asia-Pacific Acupuncture Needles Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Product

9.2.2. By Material

9.2.3. By Application

9.2.4. By End Use

9.2.5. By Country

9.3. Asia-Pacific: Country Analysis

9.3.1. China Acupuncture Needles Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Product

9.3.1.2.2. By Material

9.3.1.2.3. By Application

9.3.1.2.4. By End Use

9.3.2. India Acupuncture Needles Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Product

9.3.2.2.2. By Material

9.3.2.2.3. By Application

9.3.2.2.4. By End Use

9.3.3. Japan Acupuncture Needles Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Product

9.3.3.2.2. By Material

9.3.3.2.3. By Application

9.3.3.2.4. By End Use

9.3.4. South Korea Acupuncture Needles Market Outlook

9.3.4.1. Market Size & Forecast

9.3.4.1.1. By Value

9.3.4.2. Market Share & Forecast

9.3.4.2.1. By Product

9.3.4.2.2. By Material

9.3.4.2.3. By Application

9.3.4.2.4. By End Use

9.3.5. Australia Acupuncture Needles Market Outlook

9.3.5.1. Market Size & Forecast

9.3.5.1.1. By Value

9.3.5.2. Market Share & Forecast

9.3.5.2.1. By Product

9.3.5.2.2. By Material

9.3.5.2.3. By Application

9.3.5.2.4. By End Use

10. South America Acupuncture Needles Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Product

10.2.2. By Material

10.2.3. By Application

10.2.4. By End Use

10.2.5. By Country

10.3. South America: Country Analysis

10.3.1. Brazil Acupuncture Needles Market Outlook

10.3.1.1.

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Summary

Report Description

Table of content