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Acupuncture Treatment Market will Grow by 28% between 2022 and 2030|Traditional Chinese Medicines Australia, ACTCM

03-11-2022 04:08 PM CET | Health & Medicine

Press release from: Persistence Market Research

/ PR Agency: Persistence Market Research
Acupuncture Treatment Market 2022-2030

Acupuncture Treatment Market 2022-2030

Acupuncture Treatment Market 2022-2030

The Acupuncture Treatment Market is expected to grow on a vigorous note shortly. Though telemedicine has turned out to be an easily accessible service, proper amalgamation with therapy decisions is of utmost importance. At-home lab tests are a good by-product of telehealth. Remote monitoring and diagnosis are cost-effective. It also saves on downtime. So, saving on time and investing in convenience would be one of the trends of the healthcare vertical in the years to come.

Persistence Market Research predicts that the global acupuncture market would exhibit 28% CAGR during the forecast period (2020-2030).

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Global demand for acupuncture is expected to grow significantly owing to the growing prevalence of chronic diseases, rapidly changing lifestyles, and rising health complications among the geriatric population. Moreover, no severe side effects, reduced dependency on medication, and minimal invasive procedures are responsible for the increasing adoption of acupuncture therapies. Currently, acupuncture services are provided at 73% of National Cancer Institute (NCI), Comprehensive Cancer Centres in the U.S., and more than 1,300 physician acupuncturists are present in North America.

Key Players:

The report has profiled some of the important players prevalent in the global like - Traditional Chinese Medicines Australia, American College of Traditional Chinese Medicine (ACTCM), Jingshen Acupuncture and Chinese Medicine Clinic, and Professional Register of Traditional Chinese Medicine and more.

This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Acupuncture Treatment Market.                                     

Key Takeaways of Acupuncture Market Study     

For application of acupuncture, musculoskeletal conditions along with fatigue and CNS conditions are expected to gain traction during the forecast period.

Increasing adoption of traditional Chinese acupuncture therapy in North America and Europe is expected to contribute to significant dominance of these regions during the forecast period.

Needle acupuncture is expected to hold more than 45% share in the global acupuncture market.
Electroacupuncture is expected to gain significant traction and experience 5X growth in the global acupuncture market by the end of 2029.

Leading service providing companies in the acupuncture market space are collaborating with small acupuncture service providers, hospitals, and wellness centers to strengthen their market position.

Rising adoption of acupuncture therapy with alternate treatment modality and increasing clinical evidence of effectiveness in East Asia are expected to offer significant opportunities for market growth.

"Preference for electropuncture technique over conventional needle acupuncture is expected grow significantly, owing to minimum side effects and increased patient comfort by reducing risks such as bleeding, soreness, or bruising at the site of needle insertion." says a PMR analyst.

Musculoskeletal Conditions Dominating Acupuncture Market

Prevalence of musculoskeletal conditions such as chronic pain, cancer pain, osteoarthritis, and others are growing rapidly. In this category back pain, neck pain, and cancer-associated symptoms are becoming less effective by current medication treatments. Acupuncture treatment is becoming preferred alternative therapy for musculoskeletal pain owing to clinical effectiveness and less side effect treatment option. For instance, the global chronic pain prevalence among adults varied between 11% and 20% and chronic pain prevalence indicates that an estimated 1 in 5 U. S. adults had chronic pain in 2016. In addition, ~45% of acupuncture visits in the U.S. are reported to treat musculoskeletal pain.

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Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)

Key Stakeholders 
Acupuncture Treatment Market Manufacturers 
Acupuncture Treatment Market Distributors/Traders/Wholesalers 
Acupuncture Treatment Market Subcomponent Manufacturers 
Industry Association 
Downstream Vendors

If you have any special requirements, please let us know and we will offer you the report as you want. 

Acupuncture Treatment Market - Report Highlights

A detailed overview of parent market of Acupuncture Treatment Market
Changing Acupuncture Treatment Market dynamics in the industry
In-depth segmentation of the Acupuncture Treatment Market
Historical, current, and projected Acupuncture Treatment Market size regarding volume and value
Recent industry trends and developments in Acupuncture Treatment Market
Competitive landscape of the Acupuncture Treatment Market
Strategies for key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on Acupuncture Treatment Market performance
Must-have information for Acupuncture Treatment Market players to sustain and enhance their market footprint                                              

Key Questions Answered in the Acupuncture Treatment Market Report

How is the Acupuncture Treatment Market expected to grow over the projected period?

What direction is the Acupuncture Treatment Market expected to take in terms of volume and value during the forecast period?

What is the impact of macroeconomic factors on the Acupuncture Treatment Market in future?

What are the key market drivers in the Acupuncture Treatment Market?

What are significant opportunities and improvement areas for Acupuncture Treatment Market manufacturers?

What are the key developments and trends taking over the Acupuncture Treatment Market?

Which are the emerging countries that are expected to create significant growth opportunities in the Acupuncture Treatment Market?  

If you have any special requirements, please let us know and we will offer you the report as you want and also We Provide you Table of Content.

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Media Contact:

Persistence Market Research

305 Broadway,7th Floor New York City, NY 10007 United States

Call +1-646-568-7751

Call +1 800-961-0353

sales@persistencemarketresearch.com

About PersistenceMarketResearch:

PersistenceMarketResearch is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

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