Acupuncture Needles Market with (COVID-19) Impact Analysis, Product Type, Application, Key Manufacturers, Regions and Forecast

The acupuncture needles market refers to the global industry that provides the acupuncture needles used in traditional Chinese medicine. Acupuncture involves inserting thin, sterile needles into specific points on the body to alleviate pain and promote healing. The growing popularity of acupuncture as an alternative form of medicine, combined with the increasing awareness of its benefits and the growing geriatric population, have driven the growth of the global acupuncture needles market.

Acupuncture needles are a vital tool in the field of traditional Chinese medicine, where they are used to stimulate specific points in the body to alleviate pain and promote healing. With the increasing popularity of acupuncture as an alternative form of medicine, the demand for high-quality acupuncture needles has grown in recent years, driving the growth of the global acupuncture needles market.

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Increase in adoption of sedentary lifestyle, increase in obesity and alcohol addiction are the major factors driving the growth of acupuncture needles market. Additionally, growth in the geriatric population worldwide and increasing awareness of acupuncture treatments are fueling the growth of the acupuncture needle market.

𝐊𝐞𝐲 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐬 𝐂𝐨𝐯𝐞𝐫𝐞𝐝
By type, the disposable acupuncture needle segment accounted for 98% of the total market share in 2018 and is expected to exhibit a high growth rate in the near future due to its worldwide adoption for pain management.

By material, the stainless-steel segment dominated the acupuncture needle market in 2018 and is expected to maintain its dominance over the forecast period. Manufacturers prefer stainless steel as it is cheaper in terms of cost compared to gold and silver needles.

𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲@ https://www.alliedmarketresearch.com/purchase-enquiry/3343

Asia-Pacific is expected to grow at the fastest rate during the forecast period due to increasing disposable income and growing awareness of laser technology in developing economies such as India, China.

𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:
Comprehensive competitive analysis and profiles of key market players such as Serin Corporation, Ampex Medical Co., Ltd., Suzhou Tianxi Acupuncture Instruments Co., Ltd., Acumedic Ltd., Qingdao Great Fortune Co., Ltd., Acusupply Inc., 3B Scientific GmbH, Lhasa OMS, Inc., and Asia Med GMbH, Cogmedix, Inc. are provided in this report.

𝐊𝐞𝐲 𝐅𝐢𝐧𝐝𝐢𝐧𝐠𝐬:

• By type, the disposable needle segment accounted for the highest market share of 98% in 2018 and is expected to grow at the fastest rate during the forecast period.
• By region, Asia-Pacific was the major contributor and accounted for the highest share of 48% in 2018.
• By material, the stainless steel segment is expected to grow at a CAGR of 8.2% during the forecast period.
• By end user, the hospital segment dominated the market in 2018 and is expected to maintain its dominance over the forecast period.

𝐎𝐭𝐡𝐞𝐫 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:
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𝐖𝐞 𝐚𝐥𝐬𝐨 𝐎𝐟𝐟𝐞𝐫𝐬 𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐚𝐧𝐝 𝐂𝐨𝐮𝐧𝐭𝐫𝐲 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:
• North America Acupuncture Needles Market
• Japan Acupuncture Needles Market
• South Korea Acupuncture Needles Market
• Singapore Acupuncture Needles Market
• Australia Acupuncture Needles Market
• Europe Acupuncture Needles Market
• China Acupuncture Needles Market
• Taiwan Acupuncture Needles Market
• New Zealand Acupuncture Needles Market

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