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Worldwide Acupuncture Market 5.8% CAGR with Top Players Acupressure, Moxibustion, Japanese Acupuncture, Korean Acupuncture and Forecasts by 2023

06-22-2018 05:21 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Acupuncture Market

Acupuncture Market

Acupuncture Market Scenario

The Global Acupuncture Market is expected to reach an approximate CAGR 5.8% of during the forecast period. The increase in global awareness about acupuncture and its benefits drives the market growth. Acupunctures are used for treating various gynecological disorders and chronic diseases such as respiratory diseases, cancer, and others. According to the Centers for Disease Control and Prevention (CDC), 7.3 million women of age group 15 to 44 years have infertility issues.

Thus, the increase in the prevalence of gynecological disorders serves favorable background for market growth. Also, change to in sedentary lifestyle, the rise of obese population, increase in geriatric population, no risks associated with the treatment and growing demand for painless and non-invasive therapy drives the growth of the market during the forecast period. Acupuncture is used for obesity treatment. Its application increases tone in the smooth muscle of the stomach which leads to loss of appetite. Thus, contributing to weight loss in obese people. According to the Centers for Disease Control and Prevention (CDC), 36.5 % of the U.S. population is obese. Thus, the growing prevalence of obesity influences the market growth.

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Global Acupuncture Market, by Key Players

Seirin Corporation,

Tianjin Empecs Medical Device Co., Ltd.,

AcuMedic Ltd.,

New England Orthopedic Acupuncture,

Zepter International,

REIMERS & JANSSEN GmbH,

Kanson,

MKW Lasersystem GmbH,

schwa-medico GmbH,

Asia med GmbH, Cogmedix, Inc.,

Cymedics,

Fysiomed,

Erchonia,

Suzhou Tianxie Acupuncture Instruments Co., Ltd.

Segmentation

The global acupuncture market is segmented on the basis of, type, device, application, and end-user. The acupuncture market, by type, is sub-segmented into acupressure, moxibustion, Japanese acupuncture, Korean acupuncture, traditional Chinese acupuncture, trigger point acupuncture, electro-acupuncture, auricular acupuncture, cupping, and others. On the basis of device, the market is categorized into electro-acupuncture device, rod lasers and laser pens, laser needle, suction cups, needles, and others. The needles segment consists of traditional needles and modern needles.

The application segment includes pain syndrome illnesses, psychological illnesses, gynecological disorders, and others. The pain syndrome illnesses segment is categorized into a migraine, fibromyalgia, osteoarthritis, trigeminal neuralgia, gastrointestinal disorders, and others. The psychological illnesses segment consists of depression, anxiety, stress, panic attack, fatigue, and others. The gynecological disorders segment includes PMS, menstrual issues, pregnancy complaints, menopause, fertility. On the basis of end-user, the market is segmented into pharmaceutical & biotechnology companies, hospitals, wellness center, specialty clinics, and others. On the basis of region, the global acupuncture market is segmented into the Americas, Europe, Asia Pacific, and the Middle East and Africa. The Americas is sub-segmented into North America and South America. The North American region is further segmented into the U.S. and Canada. The European region is divided into two, namely, Western Europe and Eastern Europe. Western Europe is further classified into Germany, Italy, France, the U.K., Spain, and the rest of Western Europe. The Asia Pacific region is sub-segmented into Japan, China, India, Australia, the Republic of Korea, and the rest of Asia Pacific. The Middle Eastern and African region is sub-segmented into the United Arab Emirates, Saudi Arabia, Oman, Kuwait, Qatar, and the rest of the Middle East and Africa.

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TABLE OF CONTENTS FOR ACUPUNCTURE MARKET RESEARCH REPORT – FORECAST TO 2023:

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope Of The Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

TOC Continued…!

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