Press release
Global Acupuncture Needle Market Growing at a CAGR of 5% to Reach USD 400 Million By 2030 | Infinium Global Research
"Revolutionizing Wellness: Acupuncture Needle Market Analysis and Forecasts," the report is a comprehensive presentation of trends, forecasts, and dollar values within the global acupuncture needle market, providing a vital resource for industry players, investors, and stakeholders.
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Market Insights: The global acupuncture needle market, valued at over USD 250 million in 2022, is anticipated to soar to nearly USD 400 million by 2030, demonstrating a robust Compound Annual Growth Rate (CAGR) of approximately 5% during the forecast period from 2023 to 2030.
Acupuncture, deeply rooted in traditional Chinese medicine, involves inserting needles into specific body pressure points to stimulate nerves, offering relief from a spectrum of conditions such as pain, emotional disorders, respiratory issues, and gynecological complications. The market growth is propelled by factors such as the rise in chronic diseases, sedentary lifestyles, and increased adoption of acupuncture due to its efficacy in pain management and treatment of various health issues.
Market Dynamics: The report outlines the growth drivers, including the preference for acupuncture over conventional medication due to fewer side effects and reduced dependency on drugs. However, challenges such as the need for regular follow-up treatments, potential adverse effects, and lack of insurance coverage may impede market growth. Despite these hurdles, the burgeoning awareness of acupuncture's efficacy opens new opportunities in the market.
Regional Analysis: Geographically, the market is segmented into Asia Pacific, North America, Europe, and the Rest of the World. The Asia-Pacific region, with its preference for traditional treatments like acupuncture, holds the largest market share and is poised to maintain this trend. Notably, North America is expected to experience rapid growth, driven by increasing acceptance of acupuncture as a pain management method.
Segments Covered: The report encompasses crucial segments such as type (disposable, non-disposable), material (stainless steel, gold, silver), end-use (hospitals, clinics, others), and distribution channels (online pharmacies, offline pharmacies), offering a comprehensive understanding of the diverse market dynamics.
Key Market Players: Profiles of leading market players such as 3B Scientific, AcuMedic Ltd., asia-med GmbH, Boen Healthcare Co., Ltd., and other prominent companies are included in the report, providing insights into their strategies and market presence.
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Table of Content
Chapter 1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
Chapter 2. Executive Summary
2.1. Acupuncture Needle Market Highlights
2.2. Acupuncture Needle Market Projection
2.3. Acupuncture Needle Market Regional Highlights
Chapter 3. Global Acupuncture Needle Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Porter`s Five Forces Analysis
3.4. IGR-Growth Matrix Analysis
3.4.1. IGR-Growth Matrix Analysis by Type
3.4.2. IGR-Growth Matrix Analysis by Material
3.4.3. IGR-Growth Matrix Analysis by End-use
3.4.4. IGR-Growth Matrix Analysis by Distribution Channel
3.4.5. IGR-Growth Matrix Analysis by Region
3.5. Value Chain Analysis of Acupuncture Needle Market
Chapter 4. Acupuncture Needle Market Macro Indicator Analysis
Chapter 5. Company Profiles and Competitive Landscape
5.1. Competitive Landscape in the Global Acupuncture Needle Market
5.2. Companies Profiles
5.2.1. 3B Scientific
5.2.2. AcuMedic Ltd.
5.2.3. asia-med GmbH
5.2.4. Boen Healthcare Co., Ltd.
5.2.5. Wuxi Jiajian Medical Instrument Co.,Ltd.
5.2.6. Suzhou Zhongjing Life & Science Technology Co.,Ltd
5.2.7. Phoenix Medical Ltd.
5.2.8. MeyerDC
5.2.9. DongBang AcuPrime
5.2.10. Other Companies
Chapter 6. Global Acupuncture Needle Market by Type
6.1. Disposable Needles
6.2. Non-disposable Needles
Chapter 7. Global Acupuncture Needle Market by Material
7.1. Stainless Steel
7.2. Gold
7.3. Silver
Chapter 8. Global Acupuncture Needle Market by End-use
8.1. Hospital
8.2. Clinics
8.3. Others
Chapter 9. Global Acupuncture Needle Market by Distribution Channel
9.1. Online Pharmacies
9.2. Offline Pharmacies
Chapter 10. Global Acupuncture Needle Market by Region 2023-2030
10.1. North America
10.1.1. North America Acupuncture Needle Market by Type
10.1.2. North America Acupuncture Needle Market by Material
10.1.3. North America Acupuncture Needle Market by End-use
10.1.4. North America Acupuncture Needle Market by Distribution Channel
10.1.5. North America Acupuncture Needle Market by Country
10.1.5.1. The U.S. Acupuncture Needle Market
10.1.5.1.1. The U.S. Acupuncture Needle Market by Type
10.1.5.1.2. The U.S. Acupuncture Needle Market by Material
10.1.5.1.3. The U.S. Acupuncture Needle Market by End-use
10.1.5.1.4. The U.S. Acupuncture Needle Market by Distribution Channel
10.1.5.2. Canada Acupuncture Needle Market
10.1.5.2.1. Canada Acupuncture Needle Market by Type
10.1.5.2.2. Canada Acupuncture Needle Market by Material
10.1.5.2.3. Canada Acupuncture Needle Market by End-use
10.1.5.2.4. Canada Acupuncture Needle Market by Distribution Channel
10.1.5.3. Mexico Acupuncture Needle Market
10.1.5.3.1. Mexico Acupuncture Needle Market by Type
10.1.5.3.2. Mexico Acupuncture Needle Market by Material
10.1.5.3.3. Mexico Acupuncture Needle Market by End-use
10.1.5.3.4. Mexico Acupuncture Needle Market by Distribution Channel
10.2. Europe
10.2.1. Europe Acupuncture Needle Market by Type
10.2.2. Europe Acupuncture Needle Market by Material
10.2.3. Europe Acupuncture Needle Market by End-use
10.2.4. Europe Acupuncture Needle Market by Distribution Channel
10.2.5. Europe Acupuncture Needle Market by Country
10.2.5.1. Germany Acupuncture Needle Market
10.2.5.1.1. Germany Acupuncture Needle Market by Type
10.2.5.1.2. Germany Acupuncture Needle Market by Material
10.2.5.1.3. Germany Acupuncture Needle Market by End-use
10.2.5.1.4. Germany Acupuncture Needle Market by Distribution Channel
10.2.5.2. United Kingdom Acupuncture Needle Market
10.2.5.2.1. United Kingdom Acupuncture Needle Market by Type
10.2.5.2.2. United Kingdom Acupuncture Needle Market by Material
10.2.5.2.3. United Kingdom Acupuncture Needle Market by End-use
10.2.5.2.4. United Kingdom Acupuncture Needle Market by Distribution Channel
10.2.5.3. France Acupuncture Needle Market
10.2.5.3.1. France Acupuncture Needle Market by Type
10.2.5.3.2. France Acupuncture Needle Market by Material
10.2.5.3.3. France Acupuncture Needle Market by End-use
10.2.5.3.4. France Acupuncture Needle Market by Distribution Channel
10.2.5.4. Italy Acupuncture Needle Market
10.2.5.4.1. Italy Acupuncture Needle Market by Type
10.2.5.4.2. Italy Acupuncture Needle Market by Material
10.2.5.4.3. Italy Acupuncture Needle Market by End-use
10.2.5.4.4. Italy Acupuncture Needle Market by Distribution Channel
10.2.5.5. Rest of Europe Acupuncture Needle Market
10.2.5.5.1. Rest of Europe Acupuncture Needle Market by Type
10.2.5.5.2. Rest of Europe Acupuncture Needle Market by Material
10.2.5.5.3. Rest of Europe Acupuncture Needle Market by End-use
10.2.5.5.4. Rest of Europe Acupuncture Needle Market by Distribution Channel
10.3. Asia Pacific
10.3.1. Asia Pacific Acupuncture Needle Market by Type
10.3.2. Asia Pacific Acupuncture Needle Market by Material
10.3.3. Asia Pacific Acupuncture Needle Market by End-use
10.3.4. Asia Pacific Acupuncture Needle Market by Distribution Channel
10.3.5. Asia Pacific Acupuncture Needle Market by Country
10.3.5.1. China Acupuncture Needle Market
10.3.5.1.1. China Acupuncture Needle Market by Type
10.3.5.1.2. China Acupuncture Needle Market by Material
10.3.5.1.3. China Acupuncture Needle Market by End-use
10.3.5.1.4. China Acupuncture Needle Market by Distribution Channel
10.3.5.2. Japan Acupuncture Needle Market
10.3.5.2.1. Japan Acupuncture Needle Market by Type
10.3.5.2.2. Japan Acupuncture Needle Market by Material
10.3.5.2.3. Japan Acupuncture Needle Market by End-use
10.3.5.2.4. Japan Acupuncture Needle Market by Distribution Channel
10.3.5.3. India Acupuncture Needle Market
10.3.5.3.1. India Acupuncture Needle Market by Type
10.3.5.3.2. India Acupuncture Needle Market by Material
10.3.5.3.3. India Acupuncture Needle Market by End-use
10.3.5.3.4. India Acupuncture Needle Market by Distribution Channel
10.3.5.4. South Korea Acupuncture Needle Market
10.3.5.4.1. South Korea Acupuncture Needle Market by Type
10.3.5.4.2. South Korea Acupuncture Needle Market by Material
10.3.5.4.3. South Korea Acupuncture Needle Market by End-use
10.3.5.4.4. South Korea Acupuncture Needle Market by Distribution Channel
10.3.5.5. Australia Acupuncture Needle Market
10.3.5.5.1. Australia Acupuncture Needle Market by Type
10.3.5.5.2. Australia Acupuncture Needle Market by Material
10.3.5.5.3. Australia Acupuncture Needle Market by End-use
10.3.5.5.4. Australia Acupuncture Needle Market by Distribution Channel
10.3.5.6. Rest of Asia-Pacific Acupuncture Needle Market
10.3.5.6.1. Rest of Asia-Pacific Acupuncture Needle Market by Type
10.3.5.6.2. Rest of Asia-Pacific Acupuncture Needle Market by Material
10.3.5.6.3. Rest of Asia-Pacific Acupuncture Needle Market by End-use
10.3.5.6.4. Rest of Asia-Pacific Acupuncture Needle Market by Distribution Channel
10.4. RoW
10.4.1. RoW Acupuncture Needle Market by Type
10.4.2. RoW Acupuncture Needle Market by Material
10.4.3. RoW Acupuncture Needle Market by End-use
10.4.4. RoW Acupuncture Needle Market by Distribution Channel
10.4.5. RoW Acupuncture Needle Market by Sub-region
10.4.5.1. Latin America Acupuncture Needle Market
10.4.5.1.1. Latin America Acupuncture Needle Market by Type
10.4.5.1.2. Latin America Acupuncture Needle Market by Material
10.4.5.1.3. Latin America Acupuncture Needle Market by End-use
10.4.5.1.4. Latin America Acupuncture Needle Market by Distribution Channel
10.4.5.2. Middle East Acupuncture Needle Market
10.4.5.2.1. Middle East Acupuncture Needle Market by Type
10.4.5.2.2. Middle East Acupuncture Needle Market by Material
10.4.5.2.3. Middle East Acupuncture Needle Market by End-use
10.4.5.2.4. Middle East Acupuncture Needle Market by Distribution Channel
10.4.5.3. Africa Acupuncture Needle Market
10.4.5.3.1. Africa Acupuncture Needle Market by Type
10.4.5.3.2. Africa Acupuncture Needle Market by Material
10.4.5.3.3. Africa Acupuncture Needle Market by End-use
10.4.5.3.4. Africa Acupuncture Needle Market by Distribution Channel
More Insights on this report, Speak to Our Analyst: https://www.infiniumglobalresearch.com/market-reports/enquiry/729
Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of acupuncture needle.
=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.
=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.
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Through our information services and solutions, we assist our clients to improve their performance and assess the market conditions to achieve their organizational goals. Our team of experts and analysts are engaged in continuously monitoring and assessing the market conditions to provide knowledge support to our clients. To help our clients and to stay updated with the advances and inventions in technology, business processes, regulations, and the environment, Infinium often conducts regular meets with industry experts and opinion leaders. Our key opinion leaders are involved in monitoring and assessing the progress in the business environment, so as to offer the best opinion to our clients.
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