Global Acupuncture Market 2023-2027

Description

List of Tables

Technavio has been monitoring the acupuncture market and is forecast to grow by USD 16839.1 mn during 2022-2027, accelerating at a CAGR of 14.09% during the forecast period. Our report on the acupuncture market provides a holistic analysis, market size, and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing geriatric population, rising prevalence of chronic diseases, and rising stress among the young population.

Technavio's acupuncture market is segmented as below:

By Type

Needle acupuncture
Electroacupuncture
Auricular acupuncture
Cupping
Others

By End-user

Hospitals and specialty clinics
Wellness centers
Research and academic institutions

By Geography

Europe
Asia
North America
Rest of World (ROW)

This study identifies the advancements in healthcare facilities as one of the prime reasons driving the acupuncture market growth during the next few years. Also, AI-directed acupuncture and an increase in spa-based acupuncture services will lead to sizable demand in the market.

Acupuncture market sizing
Acupuncture market forecast
Acupuncture market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading acupuncture market vendors that include 3B Scientific GmbH, ACA, AcuMedic Ltd., Acupuncture Plus, Asia med GmbH, Beijing Acupuncture and Herbal Clinic, Blue Branches Acupuncture, CUTTING EDGE CHIROPRACTIC, Dongbang Medical, Dongguan Southstar Electronics Ltd., Mayo Clinic, Meridius Medical GmbH, MKW Lasersystem GmbH, Modern Acupuncture, schwa medico GmbH, Sedatelec, Wuhan ZJZK Technology Co. Ltd., Wuxi Jiajian Medical Instrument Co. Ltd., Zepter International Poland sp. z o. o., and Neo Acupunture. Also, the acupuncture market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape and an analysis of the key vendors.

Product Code: IRTNTR71806

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market by Geography
Exhibit 05: Executive Summary - Chart on Market Segmentation by Type
Exhibit 06: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global acupuncture market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on Global acupuncture market 2017 - 2021 ($ million)
4.2 Type Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Type Segment 2017 - 2021 ($ million)
4.3 End User Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - End User Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Type

6.1 Market segments
Exhibit 30: Chart on Type - Market share 2022-2027 (%)
Exhibit 31: Data Table on Type - Market share 2022-2027 (%)
6.2 Comparison by Type
Exhibit 32: Chart on Comparison by Type
Exhibit 33: Data Table on Comparison by Type
6.3 Needle acupuncture - Market size and forecast 2022-2027
Exhibit 34: Chart on Needle acupuncture - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Needle acupuncture - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Needle acupuncture - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Needle acupuncture - Year-over-year growth 2022-2027 (%)
6.4 Electroacupuncture - Market size and forecast 2022-2027
Exhibit 38: Chart on Electroacupuncture - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Electroacupuncture - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Electroacupuncture - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Electroacupuncture - Year-over-year growth 2022-2027 (%)
6.5 Auricular acupuncture - Market size and forecast 2022-2027
Exhibit 42: Chart on Auricular acupuncture - Market size and forecast 2022-2027 ($ million)
Exhibit 43: Data Table on Auricular acupuncture - Market size and forecast 2022-2027 ($ million)
Exhibit 44: Chart on Auricular acupuncture - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Auricular acupuncture - Year-over-year growth 2022-2027 (%)
6.6 Cupping - Market size and forecast 2022-2027
Exhibit 46: Chart on Cupping - Market size and forecast 2022-2027 ($ million)
Exhibit 47: Data Table on Cupping - Market size and forecast 2022-2027 ($ million)
Exhibit 48: Chart on Cupping - Year-over-year growth 2022-2027 (%)
Exhibit 49: Data Table on Cupping - Year-over-year growth 2022-2027 (%)
6.7 Others - Market size and forecast 2022-2027
Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)
6.8 Market opportunity by Type
Exhibit 54: Market opportunity by Type ($ million)
Exhibit 55: Data Table on Market opportunity by Type ($ million)

7 Market Segmentation by End-user

7.1 Market segments
Exhibit 56: Chart on End-user - Market share 2022-2027 (%)
Exhibit 57: Data Table on End-user - Market share 2022-2027 (%)
7.2 Comparison by End-user
Exhibit 58: Chart on Comparison by End-user
Exhibit 59: Data Table on Comparison by End-user
7.3 Hospitals and specialty clinics - Market size and forecast 2022-2027
Exhibit 60: Chart on Hospitals and specialty clinics - Market size and forecast 2022-2027 ($ million)
Exhibit 61: Data Table on Hospitals and specialty clinics - Market size and forecast 2022-2027 ($ million)
Exhibit 62: Chart on Hospitals and specialty clinics - Year-over-year growth 2022-2027 (%)
Exhibit 63: Data Table on Hospitals and specialty clinics - Year-over-year growth 2022-2027 (%)
7.4 Wellness centers - Market size and forecast 2022-2027
Exhibit 64: Chart on Wellness centers - Market size and forecast 2022-2027 ($ million)
Exhibit 65: Data Table on Wellness centers - Market size and forecast 2022-2027 ($ million)
Exhibit 66: Chart on Wellness centers - Year-over-year growth 2022-2027 (%)
Exhibit 67: Data Table on Wellness centers - Year-over-year growth 2022-2027 (%)
7.5 Research and academic institutions - Market size and forecast 2022-2027
Exhibit 68: Chart on Research and academic institutions - Market size and forecast 2022-2027 ($ million)
Exhibit 69: Data Table on Research and academic institutions - Market size and forecast 2022-2027 ($ million)
Exhibit 70: Chart on Research and academic institutions - Year-over-year growth 2022-2027 (%)
Exhibit 71: Data Table on Research and academic institutions - Year-over-year growth 2022-2027 (%)
7.6 Market opportunity by End-user
Exhibit 72: Market opportunity by End-user ($ million)
Exhibit 73: Data Table on Market opportunity by End-user ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 75: Chart on Market share by geography 2022-2027 (%)
Exhibit 76: Data Table on Market share by geography 2022-2027 (%)
9.2 Geographic comparison
Exhibit 77: Chart on Geographic comparison
Exhibit 78: Data Table on Geographic comparison
9.3 Europe - Market size and forecast 2022-2027
Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.4 Asia - Market size and forecast 2022-2027
Exhibit 83: Chart on Asia - Market size and forecast 2022-2027 ($ million)
Exhibit 84: Data Table on Asia - Market size and forecast 2022-2027 ($ million)
Exhibit 85: Chart on Asia - Year-over-year growth 2022-2027 (%)
Exhibit 86: Data Table on Asia - Year-over-year growth 2022-2027 (%)
9.5 North America - Market size and forecast 2022-2027
Exhibit 87: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 88: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 89: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 90: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.6 Rest of World (ROW) - Market size and forecast 2022-2027
Exhibit 91: Chart on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
Exhibit 92: Data Table on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
Exhibit 93: Chart on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
Exhibit 94: Data Table on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
9.7 US - Market size and forecast 2022-2027
Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)
9.8 France - Market size and forecast 2022-2027
Exhibit 99: Chart on France - Market size and forecast 2022-2027 ($ million)
Exhibit 100: Data Table on France - Market size and forecast 2022-2027 ($ million)
Exhibit 101: Chart on France - Year-over-year growth 2022-2027 (%)
Exhibit 102: Data Table on France - Year-over-year growth 2022-2027 (%)
9.9 Italy - Market size and forecast 2022-2027
Exhibit 103: Chart on Italy - Market size and forecast 2022-2027 ($ million)
Exhibit 104: Data Table on Italy - Market size and forecast 2022-2027 ($ million)
Exhibit 105: Chart on Italy - Year-over-year growth 2022-2027 (%)
Exhibit 106: Data Table on Italy - Year-over-year growth 2022-2027 (%)
9.10 China - Market size and forecast 2022-2027
Exhibit 107: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 108: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 109: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 110: Data Table on China - Year-over-year growth 2022-2027 (%)
9.11 Japan - Market size and forecast 2022-2027
Exhibit 111: Chart on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 112: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 113: Chart on Japan - Year-over-year growth 2022-2027 (%)
Exhibit 114: Data Table on Japan - Year-over-year growth 2022-2027 (%)
9.12 Market opportunity by geography
Exhibit 115: Market opportunity by geography ($ million)
Exhibit 116: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 117: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 119: Overview on factors of disruption
11.4 Industry risks
Exhibit 120: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 121: Vendors covered
12.2 Market positioning of vendors
Exhibit 122: Matrix on vendor position and classification
12.3 3B Scientific GmbH
Exhibit 123: 3B Scientific GmbH - Overview
Exhibit 124: 3B Scientific GmbH - Product / Service
Exhibit 125: 3B Scientific GmbH - Key offerings
12.4 AcuMedic Ltd.
Exhibit 126: AcuMedic Ltd. - Overview
Exhibit 127: AcuMedic Ltd. - Product / Service
Exhibit 128: AcuMedic Ltd. - Key offerings
12.5 Acupuncture Plus
Exhibit 129: Acupuncture Plus - Overview
Exhibit 130: Acupuncture Plus - Product / Service
Exhibit 131: Acupuncture Plus - Key offerings
12.6 asia med GmbH
Exhibit 132: asia med GmbH - Overview
Exhibit 133: asia med GmbH - Product / Service
Exhibit 134: asia med GmbH - Key offerings
12.7 CUTTING EDGE CHIROPRACTIC
Exhibit 135: CUTTING EDGE CHIROPRACTIC - Overview
Exhibit 136: CUTTING EDGE CHIROPRACTIC - Product / Service
Exhibit 137: CUTTING EDGE CHIROPRACTIC - Key offerings
12.8 Dongbang Medical
Exhibit 138: Dongbang Medical - Overview
Exhibit 139: Dongbang Medical - Product / Service
Exhibit 140: Dongbang Medical - Key offerings
12.9 Dongguan Southstar Electronics Ltd.
Exhibit 141: Dongguan Southstar Electronics Ltd. - Overview
Exhibit 142: Dongguan Southstar Electronics Ltd. - Product / Service
Exhibit 143: Dongguan Southstar Electronics Ltd. - Key offerings
12.10 Mayo Clinic
Exhibit 144: Mayo Clinic - Overview
Exhibit 145: Mayo Clinic - Product / Service
Exhibit 146: Mayo Clinic - Key offerings
12.11 Meridius Medical GmbH
Exhibit 147: Meridius Medical GmbH - Overview
Exhibit 148: Meridius Medical GmbH - Product / Service
Exhibit 149: Meridius Medical GmbH - Key offerings
12.12 MKW Lasersystem GmbH
Exhibit 150: MKW Lasersystem GmbH - Overview
Exhibit 151: MKW Lasersystem GmbH - Product / Service
Exhibit 152: MKW Lasersystem GmbH - Key offerings
12.13 Modern Acupuncture
Exhibit 153: Modern Acupuncture - Overview
Exhibit 154: Modern Acupuncture - Product / Service
Exhibit 155: Modern Acupuncture - Key offerings
12.14 Neo Acupunture
Exhibit 156: Neo Acupunture - Overview
Exhibit 157: Neo Acupunture - Product / Service
Exhibit 158: Neo Acupunture - Key offerings
12.15 schwa medico GmbH
Exhibit 159: schwa medico GmbH - Overview
Exhibit 160: schwa medico GmbH - Product / Service
Exhibit 161: schwa medico GmbH - Key offerings
12.16 Sedatelec
Exhibit 162: Sedatelec - Overview
Exhibit 163: Sedatelec - Product / Service
Exhibit 164: Sedatelec - Key offerings
12.17 Zepter International Poland sp. z o. o.
Exhibit 165: Zepter International Poland sp. z o. o. - Overview
Exhibit 166: Zepter International Poland sp. z o. o. - Product / Service
Exhibit 167: Zepter International Poland sp. z o. o. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 168: Inclusions checklist
Exhibit 169: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 170: Currency conversion rates for US$
13.4 Research methodology
Exhibit 171: Research methodology
Exhibit 172: Validation techniques employed for market sizing
Exhibit 173: Information sources
13.5 List of abbreviations
Exhibit 174: List of abbreviations