Global Acupuncture Needles
Market Report
2024
Acupuncture Needles market will be USD 280.9 billion in 2024 and expand at a compound annual growth rate (CAGR) of 7.1% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
Share your contact details to receive free updated sample copy/pages of the recently published edition of Acupuncture Needles Market Report 2024.
According to Cognitive Market Research, the global market for Acupuncture Needles market will be USD 280.9 billion in 2024 and expand at a compound annual growth rate (CAGR) of 7.1% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Acupuncture Needles Market Sales Revenue 2024 | $ 280.9 Billion |
Global Acupuncture Needles Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.1% |
North America Acupuncture Needles Market Sales Revenue 2023 | $ 98.08 Million |
North America Acupuncture Needles Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.7% |
Europe Acupuncture Needles Market Sales Revenue 2023 | $ 73.56 Million |
Europe Acupuncture Needles Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7% |
Asia Pacific Acupuncture Needles Market Sales Revenue 2023 | $ 56.4 Million |
Asia Pacific Acupuncture Needles Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 10.5% |
South America Acupuncture Needles Market Sales Revenue 2023 | $ 12.26 Million |
South America Acupuncture Needles Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.9% |
Middle East and Africa Acupuncture Needles Market Sales Revenue 2023 | $ 4.9 Million |
Middle East and Africa Acupuncture Needles Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 8.2% |
Market Split by Product |
|
Market Split by Material |
|
Market Split by End-use |
|
List of Competitors |
|
Regional Analysis |
|
Country Analysis |
|
Key Qualitative Information Covered |
|
Report scope is customizable as we have a huge database of Acupuncture Needles industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Acupuncture Needles Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Acupuncture is part of traditional Chinese medicine. It is an alternative medicine in which needles are put into certain pressure points on the body to activate the nerves. It is mostly used to treat physical discomfort, headaches, migraines, joint issues, post-operative pain, nausea, menstrual cramps, sleeplessness, speech impairments, and paralysis. It is also used to treat emotional problems (anxiety and depression), digestive disorders (nausea, vomiting, and irritable bowel syndrome), respiratory illnesses (asthma and sinusitis), alcohol addiction, chemotherapy, and gynaecological disorders (infertility). Additionally, The increase in the incidence of chronic diseases, the adoption of sedentary lifestyles, obesity, and alcohol addiction are driving the acupuncture needles market expansion. These diseases have resulted in problems such as physical pain, sleep disruptions, and emotional disorders. Furthermore, the rise in health issues in the senior population, as well as the prevalence of gynaecological illnesses caused by hectic lifestyles, drives the growth of the acupuncture needles market. Furthermore, no severe side effects compared to pharmaceuticals, reduction in dependency on medications, and painful medical procedures fuel acupuncture demand, consequently driving the market for acupuncture needles.
Increased Prevalence of Back, Muscular, and Neck Pain - The study implies that acupuncture could be an effective treatment for chronic low back pain. Western practitioners believe that acupuncture sites activate nerves, muscles, and connective tissue. It is claimed that this stimulation increases the body's natural painkillers. Practical Pain Management estimates that up to 80% of the US population will suffer from back pain at some point in their lives. Each year, the treatment of low back pain (LBP) costs the US healthcare system at least USD 50 billion. In July 2022, the WHO reported that around 1.71 million people globally suffer from musculoskeletal problems. Acupuncture in the rehabilitation of COPD patients
Alternative procedures and medications. Issues concerning acupuncture standardisation
We have various report editions of Acupuncture Needles Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
In May 2023, Gansu University of Traditional Chinese Medicine (GUCM) has inked an MOU with two Pakistani research institutes to launch an acupuncture certification programme. This effort aims to promote the practice of Traditional Chinese Medicine (TCM) in Pakistan.
Top Companies Market Share in Acupuncture Needles Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, Asia Pacific dominated the market in 2024, owing to increased patient awareness, a high disease burden, technological breakthroughs, proactive government actions, and improvements in healthcare infrastructure. The presence of important companies in this region is a major driver of market expansion. According to an Elsevier Ltd. study released in February 2023, the prevalence of diabetes among Chinese adults aged 20 to 79 years is expected to rise from 8.2% to 9.7% between 2020 and 2030. Over the same period, the overall cost of diabetes rose from USD 250.2 billion to USD 460.4 billion, or a 6.32% yearly rise.
The North America market is expected to have the greatest CAGR over the forecast period; some of the key causes driving this expansion include an increase in the senior population, a large number of people with hypertension, expanded healthcare infrastructure, and rising awareness. According to a CDC study released in July 2023, hypertension was the primary or contributing cause of 691,095 fatalities in the United States in 2021. Almost half of individuals (48.1%, 119.9 million) have hypertension, defined as systolic blood pressure >130 mmHg or diastolic blood pressure <80 mmHg, and are on blood pressure medication. These factors are driving the market.
The current report Scope analyzes Acupuncture Needles Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
To learn more about geographical trends request the free sample pages.
Get Free Sample
Global Acupuncture Needles Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Acupuncture Needles Industry growth. Acupuncture Needles market has been segmented with the help of its Product, Material End-use, and others. Acupuncture Needles market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on present and future trends, the market size is estimated from 2019 to 2031. Moreover, study also provides quantitative and qualitative analysis of each type to understand the driving factors for the fastest growing type segment for Acupuncture Needles market.
Product of Acupuncture Needles analyzed in this report are as follows:
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Acupuncture Needles Industry. Request a Free Sample PDF!
According to Cognitive Market Research, the Stainless Steel category generated the most revenue in 2024, and stainless steel acupuncture needles are frequently utilized due to their ease of availability and inexpensive cost. According to an NCBI article published in July 2023, stainless steel acupuncture needles are reliable and durable. These needles, made of high-quality stainless steel, are long-lasting and corrosion-resistant. Their ability to retain sharpness over several applications makes them a top choice for practitioners looking for consistent and dependable results in a number of acupuncture procedures.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
To learn more about market share request the free sample pages.
Get Free Sample
Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the medical devices & consumables industry. She has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations.
In her current role, Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses. Her collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization.Anushka remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Acupuncture Needles Market is witnessing significant growth in the near future.
In 2023, the Disposable Needles segment accounted for noticeable share of global Acupuncture Needles Market and is projected to experience significant growth in the near future.
The Stainless Steel segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies 3B SCIENTIFIC GMBH , asia-med GmbH and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Product | Disposable Needles, Non-disposable Needles |
Material | Stainless Steel, Silver, Others |
End-use | Clinics, Hospital, Others |
List of Competitors | 3B SCIENTIFIC GMBH, AcuMedic Ltd., asia-med GmbH, SEIRIN, Dana Medical Co., Boen Healthcare Co. Ltd., Suzhou Hualun Medical Appliance Co. Ltd., WUXI JIAJIAN MEDICAL DEVICES CO. LTD., Suzhou Zhongjing Life & Science Technology Co. Ltd., Shinylink (Shanghai) Industrial Inc. |
This chapter will help you gain GLOBAL Market Analysis of Acupuncture Needles. Further deep in this chapter, you will be able to review Global Acupuncture Needles Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Product Analysis 2019 -2031, will provide market size split by Product. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Product Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Material Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by End-use Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Acupuncture Needles market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Disposable Needles have a significant impact on Acupuncture Needles market? |
What are the key factors affecting the Disposable Needles and Non-disposable Needles of Acupuncture Needles Market? |
What is the CAGR/Growth Rate of Stainless Steel during the forecast period? |
By type, which segment accounted for largest share of the global Acupuncture Needles Market? |
Which region is expected to dominate the global Acupuncture Needles Market within the forecast period? |
Segmentation Level Customization |
|
Global level Data Customization |
|
Region level Data Customization |
|
Country level Data Customization |
|
Company Level |
|
Additional Data Analysis |
|
Additional Qualitative Data |
|
Additional Quantitative Data |
|
Service Level Customization |
|
Report Format Alteration |
|
Published Report Editions
are Just a Tip of an Iceberg
Access the Complete Database of
Acupuncture Needles Market
Request Sample