Global Acupuncture Needles Market Size, Share, Growth Analysis, By Type(Disposable Needles, Non-Disposable Needles), By Materials(Stainless Steel, Gold)

Description

Global Acupuncture Needles Market size was valued at USD 27 billion in 2021, and it is expected to reach a value of USD 78.64 billion by 2028, at a CAGR of 16.5% over the forecast period (2022-2028).

The Global Acupuncture Needles Market refers to the market for needles that are used in acupuncture, a traditional Chinese medicine practice that involves inserting thin needles into specific points on the body to alleviate pain and promote healing. Acupuncture needles are typically made from stainless steel and come in a range of sizes and styles to suit different techniques and preferences.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Acupuncture Needles Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Segments covered in this report

The global acupuncture needles market segmentation is based on type, material, and region. Based on type the market is segmented into disposable needles and non-disposable needles. Based on material the market is segmented into stainless steel, gold, and silver. Based on region the global acupuncture needles market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.

Driver

There is an increasing interest in alternative medicine, including acupuncture, as people seek non-pharmaceutical options for managing pain and improving their overall well-being. As a result, the demand for acupuncture needles is growing, driving the growth of the global acupuncture needles market.

Restraint

Despite the popularity of acupuncture, there is still a lack of scientific evidence to support its efficacy and safety. While some studies have suggested that acupuncture can be effective in treating certain conditions, other studies have found no evidence of its effectiveness. This lack of scientific evidence can limit the adoption of acupuncture as a mainstream therapy and may limit the growth of the acupuncture needles market.

Market Trends

The trend towards disposable acupuncture needles is growing due to the increased concern over infection control and hygiene. Disposable needles eliminate the risk of cross-contamination and reduce the need for sterilization, making them a more convenient and cost-effective option. This trend is driving the growth of the global market for disposable acupuncture needles.

Product Code: SQSG35B2023

Executive Summary

Market overview

Exhibit: Executive Summary - Chart on Market Overview
Exhibit: Executive Summary - Data Table on Market Overview
Exhibit: Executive Summary - Chart on Global Global Acupuncture Needles Market Characteristics
Exhibit: Executive Summary - Chart on Market by Geography
Exhibit: Executive Summary - Chart on Market Segmentation
Exhibit: Executive Summary - Chart on Incremental Growth
Exhibit: Executive Summary - Data Table on Incremental Growth
Exhibit: Executive Summary - Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
Drivers
Opportunities
Restraints
Challenges
SWOT Analysis

KEY MARKET INSIGHTS

Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
Macroeconomic Indicators

COVID IMPACT

Introduction
Impact On Economy-scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
Revised Market Size
- Exhibit: Data Table on Global Global Acupuncture Needles Market size and forecast 2021-2027 ($ million)
Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
Drivers
Opportunities
Restraints
Challenges
Regulatory Landscape
- Exhibit: Data Table on regulation from different region
SWOT Analysis
Porters Analysis
- Competitive rivalry
Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact

Global Global Acupuncture Needles Market by Type

Market segments
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Data table on Market share 2021-2027 (%)
Disposable Needles
- Market Estimates & Forecast, 2020-2027
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Market size and forecast 2021-2027 ($ million)
Non-Disposable Needles
- Market Estimates & Forecast, 2020-2027
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Market size and forecast 2021-2027 ($ million)
Global Global Acupuncture Needles Market by Materials
Market segments
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Data table on Market share 2021-2027 (%)
Stainless Steel
- Market Estimates & Forecast, 2020-2027
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Market size and forecast 2021-2027 ($ million)
Gold
- Market Estimates & Forecast, 2020-2027
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Market size and forecast 2021-2027 ($ million)
Silver
- Market Estimates & Forecast, 2020-2027
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Market size and forecast 2021-2027 ($ million)

Market Size by Region

Chart on Market share by geography 2021-2027 (%)
Data Table on Market share by geography 2021-2027(%)
North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Market size and forecast 2021-2027 ($ million)
Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Market size and forecast 2021-2027 ($ million)
- France
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Market size and forecast 2021-2027 ($ million)
Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Market size and forecast 2021-2027 ($ million)
- India
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Market size and forecast 2021-2027 ($ million)
Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Market size and forecast 2021-2027 ($ million)
Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

Competitive Landscape
- Total number of companies covered
Exhibit: companies covered in the report, 2021
- Top companies market positioning
Exhibit: company positioning matrix, 2021
- Top companies market Share
Exhibit: Pie chart analysis on company market share, 2021(%)
3B Scientific (US)
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
AcuMedic (UK)
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
asia-med GmbH (Germany)
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Dana Medical Co., Ltd. (South Korea)
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Boen Healthcare Co., Ltd. (China)
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Suzhou Hualun Medical Appliance Co., Ltd. (China)
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Wuxi Jiajian Medical Devices Co., Ltd. (China)
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Suzhou Zhongjing Life & Science Technology Co., Ltd. (China)
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Shinylink Industrial, Inc. (China)
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
MeyerDC (US)
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
DongBang AcuPrime (UK)
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments

Global Acupuncture Needles Market Size, Share, Growth Analysis, By Type(Disposable Needles, Non-Disposable Needles), By Materials(Stainless Steel, Gold) - Industry Forecast 2022-2028

Description

Table of Contents

Table of Contents

Executive Summary

Market overview

Parent Market Analysis

Market overview

Market size

KEY MARKET INSIGHTS

COVID IMPACT

MARKET DYNAMICS & OUTLOOK

Global Global Acupuncture Needles Market by Type

Market Size by Region

KEY COMPANY PROFILES