Acupuncture Needles Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027
The Global Acupuncture Needles Market size was valued at $95.80 million in 2018 and is expected to reach $177.79 million by 2027, registering a CAGR of 8% from 2021 to 2027.
Acupuncture needles are thin metal needles that are inserted into a patient’s skin at a specific point of pressure. The needles stimulate nerves to release hormones such as endorphins, which trigger a response in the body. They are usually available in single use and non-disposable variants manufactured using gold, silver and stainless steel. They help in the treatment of body aches, numbness and digestive, gynecological and joint-related disorders. Compared to needles, acupuncture needles are cost-effective, have a rounded tip, and minimize the risk of tissue cutting, bleeding, infection, and pain.
Market Segments
Breakup by Product:
- Disposable Needles
- Non-DisposableNeedles
Breakup by Material:
- Stainless Steel
- Gold
- Silver
- Others
Key Players
Comprehensive competitive analysis and profiles of major market players such as Seirin Corporation, Empecs Medical Co. Ltd., Suzhou Tianxie 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.
Scope of the Report
The research study analyzes the global Acupuncture Needles industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Acupuncture Needles Market Report
1. What was the Acupuncture Needles Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Acupuncture Needles Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Acupuncture Needles Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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