Global Acupuncture Needles Market: Emerging Trends, Major Key Players Seirin and Empecs Medical Co. Ltd.

According to the report, The global Acupuncture Needles market is expected to grow from $ billion in 2020 to $ billion in 2028 at a CAGR of 8.65%. Increased cases of chronic diseases, changing lifestyles, alcohol addiction, and obesity are all propelling the worldwide acupuncture needles market forward. Emotional difficulties, bodily pain, and sleep disturbances have all been linked to these conditions. Furthermore, the rising prevalence of gynecological illnesses such as infertility, which is linked to busy lifestyles and rising health concerns among the elderly, has fueled the demand for acupuncture needles. Additionally, decreased reliance on pharmaceuticals and other medical procedures, and the absence of significant side effects when compared to medications, all contribute to the acupuncture needles market's growth.

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The latest research report published by Evolve Business Intelligence examines the impacts of numerous market aspects on the global ACUPUNCTURE NEEDLES industry including a look at the current market size and forecasts for key segments and regions, the driving forces behind the market, the probable effects from key trends, how all these will affect the business plan, SWOT analysis of critical sectors for each of the key competitors, customers and more! Providing valuable data about conglomerations that are most likely going to have an impact on this industry is essential to any company who plans to properly invest for next 5 years. These findings supplement our initial quantitative study in order to facilitate any new investments or planning traits against threats in existing sectors through a strategic business plan.

Impact of COVID-19

The on-going COVID-19 pandemic has had a significant impact on the industry. Several financial impacts and disruptions have been felt over a long period of time. Our research has interviewed numerous delegates from this industry, across geographical markets to collect information that is helpful for addressing potential challenges the COVID-19 pandemic may cause going forward.
In terms of COVID 19 impact, the Acupuncture Needles market report also includes the following data points:
• Impact of COVID-19
• Government Aids and Policies for Industry Revival
• Companies Recent Developments to Tackle Negative Impact
• Opportunity Window & Post COVID Trend

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Key Players
Some of the major Acupuncture Needles players holding highest market share include Seirin, Empecs Medical Co. Ltd., Suzhou Tianxie Acupuncture Instruments Co., Ltd. And AcuMedic Ltd.. These players use new product development as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• Seirin
• Empecs Medical Co. Ltd.
• Suzhou Tianxie Acupuncture Instruments Co., Ltd.
• AcuMedic Ltd.
• Qingdao Great Fortune Co. Ltd.
• AIK Medical
• 3B Scientific
• Lhasa OMS
• Asia-Med GMbH
• Coghlin Companies

Segmental Analysis

Market Segment By Type with focus on market share, consumption trend, and growth rate of ACUPUNCTURE NEEDLES Market:
• Disposable Needles
• Non-Disposable Needles

Market Segment By Material with focus on market share, consumption trend, and growth rate of ACUPUNCTURE NEEDLES Market:
• Stainless Steel
• Gold
• Silver

Market Segment By End-User with a focus on market share, consumption trend, and growth rate of ACUPUNCTURE NEEDLES Market:
o Clinics
o Hospitals
o Others

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Global Acupuncture Needles Geographic Coverage:
• North America
o US
o Canada

• Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Rest of Asia Pacific

• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America

• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA

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