The Global Acupuncture Needle Market Size was Valued at USD 102.1 Million in 2019 and is Expected to Grow at a Compound Annual Growth Rate (CAGR) of 8.0% from 2020 to 2027.
Acupuncture is extremely effective in treating and alleviating pain caused by chronic diseases. Furthermore, the risk of severe side effects is lower when compared to other treatments. The number of surgeries performed has increased in response to the rising prevalence of chronic conditions. Most surgical wounds are large and deep, as well as painful. In such cases, acupuncture offers patients both physical and mental relief. It also aids in the treatment of post-surgical trauma, which is driving up global demand for this procedure. As a result, the rising number of surgeries is expected to increase demand for acupuncture procedures, propelling the market for acupuncture needles to growth.
The rising prevalence of hypertension and diabetes are also contributing to the increased demand for acupuncture. According to a 2019 WHO report, approximately 1.13 billion people worldwide had hypertension. Diabetes is the leading cause of hypertension, which affects an estimated 1.00 billion people worldwide. Furthermore, long-term diabetes frequently results in diabetic leg ulcers, which are extremely painful for the patients.
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Key players covered:
- AcuMedic Ltd
- Empecs Medical Co. Ltd
- Cloud & Dragon
- 3B Scientific GmbH
- Shinylink（Shanghai）Industrial Inc.
- AcuSupply Inc
- Qingdao Great Fortune Co., Ltd
- Boen Healthcare Co., Ltd.
- Lhasa OMS, Inc
- AIK Medical
- Suzhou Tianxie Acupuncture Instruments Co., Ltd
- Cogmedix, Inc
- Wuxi Jiajian Medical Equipment Co., Ltd.
- Dongbang
- Seirin Corporation
- Asia Med GMbH
Segment by Types:
- Stainless Steel
- Silver
- Gold
Segment by Applications:
- Clinics
- Hospitals
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Textile market in these regions:
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil, Argentina, Columbia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Some points from Table of Content
1 Acupuncture Needle Market Definition and Overview
1.1 Objectives of the Study
1.2 Overview of Acupuncture Needle
1.3 Acupuncture Needle Market Scope and Market Size Estimation
1.4 Market Segmentation
1.4.1 Types of Acupuncture Needle
1.4.2 Applications of Acupuncture Needle
1.5 Market Exchange Rate
2 Research Method and Logic
2.1 Methodology
2.2 Research Data Source
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