The latest report by IMARC Group, titled “Acupuncture Needles Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032,” offers a comprehensive analysis of the acupuncture needles market analysis. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.
The global acupuncture needles market size reached US$ 264.8 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 489.8 Million by 2032, exhibiting a growth rate (CAGR) of 7.07% during 2024-2032.
Acupuncture Needles Market Trends:
The global market is primarily driven by the increasing prevalence of chronic diseases and pain-related conditions. In accordance with this, growing awareness about the therapeutic benefits of acupuncture in managing stress, anxiety, and other mental health issues is expanding the market acceptance. Moreover, the rise in the geriatric population, which is more prone to musculoskeletal and neurological disorders, is further fuelling market growth.
In addition to this, the rapid integration of acupuncture with conventional medical treatments is gaining traction and enhancing its credibility and market adoption. The rise in wellness tourism and the popularity of holistic health approaches is also contributing to the increased market demand. Apart from this, ongoing advances in needle technology, ensuring higher safety and efficacy, have made acupuncture treatments more appealing in the market.
Get a Sample Copy of this Report: https://www.imarcgroup.com/acupuncture-needles-market/requestsample
Acupuncture Needles Market Scope and Growth Analysis:
The scope of the market is set to grow due to the increasing investments in research and development to validate the clinical benefits of acupuncture. Moreover, the increasing trend of holistic and preventive healthcare approaches supports the adoption of acupuncture across various demographics. Additionally, the expansion of acupuncture training programs and the rising number of licensed practitioners contribute to the market's development. The increasing healthcare expenditure and supportive regulatory frameworks in various countries are supporting growth in the market.
Similarly, the collaboration between acupuncture practitioners and mainstream healthcare providers is fostering a more integrated approach to patient care, further catalyzing market acceptance and expansion. Besides this, the expansion of online platforms and telemedicine services offering acupuncture consultations is also broadening the market accessibility and awareness. As per market analysis, the development of portable and user-friendly acupuncture devices for home use is another factor contributing to market scope.
View Full Report with TOC & List of Figure: https://www.imarcgroup.com/acupuncture-needles-market
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- 3B Scientific GmbH
- AcuMedic Ltd.
- Acu-International Supplies, Inc.
- Asia-med GmbH
- Boen Healthcare Co. Ltd.
- Coghlin Companies Inc.
- Seirin Corporation
- Shinylink (Shanghai) Industrial Inc.
- Suzhou Hualun Medical Appliance Co. Ltd.
- Suzhou Zhongjing Life & Science Technology Co. Ltd.
- Wuxi Jiajian Medical Instrument Co. Ltd
Acupuncture Needles Market Segmentation:
Our report has categorized the market based on region, product, material, and end use.
Breakup by Product:
- Disposable Needles
- Non-Disposable Needles
Breakup by Material:
- Stainless Steel
- Gold
- Silver
- Others
Breakup by End Use:
- Hospital
- Clinics
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: [email protected]
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
Comments