The Global Acupuncture needles market size was valued at $95.8 million in 2018 and is expected to reach $177 million by 2026, registering a CAGR of 8.2% from 2019 to 2026, in terms of value. Acupuncture is a method of treatment that includes interleaving thin needles over an individual’s skin at specific points on the body, to various depths. Acupuncture can help to relieve pain and is used for a wide range of other complaints such as neck pain, osteoarthritis, headache & migraine, and others.
According to the “Acupuncture Needles Market: Global Opportunity Analysis and Industry Forecast, 2018-2026”, report published by the Allied Market Research, the study presents impending revenue forecast of the industry for the next few years coupled with imminent market trends and opportunities. Moreover, the study also doles out different logical tables and graphs to identify the complexities of the market. A complete and wide-ranging evaluation of the aspects that drive and restrain the market growth is also provided throughout the study. This detailed exploration of the market size and its proper segmentation help the market players define the prevalent opportunities that are looming large.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:ย https://www.alliedmarketresearch.com/request-sample/3343
๐๐ซ๐ข๐ฆ๐ ๐๐๐ญ๐๐ซ๐ฆ๐ข๐ง๐๐ง๐ญ๐ฌ ๐จ๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก
Surge in acupuncture adoption for pain management, increase in gynecological disorders, and rise in health complications in aging population drive the growth of the global acupuncture needles market. However, increase in infections caused by usage of reusable needles and availability of alternative hinder the market growth. On the other hand, significant increase in adoption due to fewer side effects in comparison to medications and reduced dependency on medications present new opportunities in the industry.
๐๐ก๐ ๐๐ข๐ฌ๐ฉ๐จ๐ฌ๐๐๐ฅ๐ ๐ง๐๐๐๐ฅ๐๐ฌ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐๐จ๐ง๐ญ๐ข๐ง๐ฎ๐ ๐ข๐ญ๐ฌ ๐๐จ๐ฆ๐ข๐ง๐๐ง๐๐ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ข๐จ๐
Based on type, the disposable needles segment contributed to nearly 98% of the total share in terms of revenue of the global acupuncture needles market in 2018, and is estimated to continue its dominance throughout the forecast period. Moreover, this segment would grow at the fastest CAGR of 8.2% from 2019 to 2026. This is due to rise in awareness regarding infections and increase in safety concerns. The research also explores the non-disposable needles segment.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ (๐๐๐ ๐๐๐ ๐๐ฌ ๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐๐ก๐๐ซ๐ญ๐ฌ, ๐๐๐๐ฅ๐๐ฌ, ๐๐ง๐ ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ) @ย https://www.alliedmarketresearch.com/checkout-final/64080c4323897699b8f2a24d86a853a6
๐๐ก๐ ๐ก๐จ๐ฌ๐ฉ๐ข๐ญ๐๐ฅ๐ฌ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐ฆ๐๐ข๐ง๐ญ๐๐ข๐ง ๐ข๐ญ๐ฌ ๐๐จ๐ฆ๐ข๐ง๐๐ง๐ญ ๐ฉ๐จ๐ฌ๐ข๐ญ๐ข๐จ๐ง ๐๐ฎ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ข๐จ๐
Based on end user, the hospitals segment held the highest market share of the global acupuncture needles market, accounting for more than two-thirds of the total market share in 2018, and will maintain its dominant position during the forecast period. This is due to increase in preference for proper treatment. However, the acupuncture clinics segment is expected to register the fastest CAGR of 9.5% from 2019 to 2026. This is attributed to less waiting time required for treatment in clinics.
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐ ๐ญ๐จ ๐ ๐ซ๐จ๐ฐ ๐๐ญ ๐ญ๐ก๐ ๐๐๐ฌ๐ญ๐๐ฌ๐ญ ๐ซ๐๐ญ๐
Based on region, North America is estimated to grow at the fastest CAGR of 9.1% from 2019 to 2026, owing to surge in awareness regarding acupuncture treatments and opioid crisis. On the other hand, Asia-Pacific accounted for the largest share in terms of revenue, contributing to more than half of the global acupuncture needles market in 2018, and is expected to maintain its lead status by 2026. This is due to acupuncture being a traditional treatment method for pain management in this region.
๐ ๐จ๐ซ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐ญ: ๐ก๐ญ๐ญ๐ฉ๐ฌ://๐ฐ๐ฐ๐ฐ.๐๐ฅ๐ฅ๐ข๐๐๐ฆ๐๐ซ๐ค๐๐ญ๐ซ๐๐ฌ๐๐๐ซ๐๐ก.๐๐จ๐ฆ/๐ฉ๐ฎ๐ซ๐๐ก๐๐ฌ๐-๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ/๐๐๐๐
๐๐๐ฎ๐ฉ๐ฎ๐ง๐๐ญ๐ฎ๐ซ๐ ๐๐๐๐๐ฅ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
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.
Asia Med GMbH
Cogmedix, Inc.
๐๐๐ฒ ๐ ๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฎ๐ฉ๐ฎ๐ง๐๐ญ๐ฎ๐ซ๐ ๐๐๐๐๐ฅ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ :
The disposable needle segment accounted for the highest market share of 98% in 2018 and is anticipated to grow at the fastest rate during the forecast period.
Asia-Pacific was the major shareholder and accounted for the highest share of 48% in 2018.
Stainless steel segment is expected to grow at a CAGR of 8.2% during the forecast period.
The hospital segment dominated the market in 2018 and is anticipated to maintain its dominance during the forecast period.
๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ข๐ง ๐๐๐๐ฅ๐ญ๐ก๐๐๐ซ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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