The report on the global acupuncture needle market provides qualitative and quantitative analysis for the period from 2021-2030. The report predicts the global acupuncture needle market to grow with a CAGR of Around 5% over the forecast period from 2023-2030. The study on acupuncture needle market covers the analysis of the leading geographies such as North America, Europe, Asia Pacific, and RoW for the period of 2021-2030.
The report on acupuncture needle market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global acupuncture needle market over the period of 2021-2030. Moreover, the report is a collective presentation of primary and secondary research findings.
Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global acupuncture needle market over the period of 2021-2030. Further, Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.
1. Key Opinion Leaders
2. Internal and External subject matter experts
3. Professionals and participants from the industry
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies
2. Complete coverage of all the segments in the acupuncture needle market to analyze the trends, developments in the global market and forecast of market size up to 2030.
3. Comprehensive analysis of the companies operating in the global acupuncture needle market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
The report on acupuncture needle market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global acupuncture needle market over the period of 2021-2030. Moreover, the report is a collective presentation of primary and secondary research findings.
Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global acupuncture needle market over the period of 2021-2030. Further, Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.
Report Findings
1) Drivers
- The surge in the prevalence of chronic diseases, rise in the adoption of sedentary lifestyles, obesity, and alcohol addiction drive the acupuncture needles market growth.
- The rise in health complications in the geriatric population and the prevalence of gynecological disorders due to hectic lifestyles propels the growth of the acupuncture needles market.
2) Restraints
- Adverse effects such as bleeding, infection, and pain due to needles and no insurance coverage for acupuncture treatment hampers the market growth.
3) Opportunities
- Increase in awareness of acupuncture treatment is anticipated to provide new opportunities for the acupuncture needles market.
Research Methodology
A) Primary Research
The primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include1. Key Opinion Leaders
2. Internal and External subject matter experts
3. Professionals and participants from the industry
The primary research respondents typically include
1. Executives working with leading companies in the market under review2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.
B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. Each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.The secondary sources of the data typically include
1. Company reports and publications2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies
Segment Covered
The global acupuncture needle market is segmented on the basis of type, material, end-use, and distribution channel.The Global Acupuncture Needle Market by Type
- Disposable Needles
- Non-disposable Needles
The Global Acupuncture Needle Market by Material
- Stainless Steel
- Gold
- Silver
The Global Acupuncture Needle Market by End-use
- Hospital
- Clinics
- Others
The Global Acupuncture Needle Market by Distribution Channel
- Online Pharmacies
- Offline Pharmacies
Company Profiles
The companies covered in the report include- 3B Scientific
- AcuMedic Ltd.
- asia-med GmbH
- Boen Healthcare Co., Ltd.
- Wuxi Jiajian Medical Instrument Co.,Ltd.
- Suzhou Zhongjing Life & Science Technology Co.,Ltd
- Phoenix Medical Ltd.
- MeyerDC
- DongBang AcuPrime
- Other Companies
What does this Report Deliver?
1. Comprehensive analysis of the global as well as regional markets of the acupuncture needle market.2. Complete coverage of all the segments in the acupuncture needle market to analyze the trends, developments in the global market and forecast of market size up to 2030.
3. Comprehensive analysis of the companies operating in the global acupuncture needle market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
Table of Contents
Chapter 1. Preface
Chapter 2. Executive Summary
Chapter 3. Global Acupuncture Needle Market Overview
Chapter 5. Global Acupuncture Needle Market by Type
Chapter 6. Global Acupuncture Needle Market by Material
Chapter 7. Global Acupuncture Needle Market by End-use
Chapter 8. Global Acupuncture Needle Market by Distribution Channel
Chapter 9. Global Acupuncture Needle Market by Region 2023-2030
Chapter 10. Company Profiles and Competitive Landscape
Companies Mentioned
- 3B Scientific
- AcuMedic Ltd.
- asia-med GmbH
- Boen Healthcare Co., Ltd.
- Wuxi Jiajian Medical Instrument Co.,Ltd.
- Suzhou Zhongjing Life & Science Technology Co.,Ltd
- Phoenix Medical Ltd.
- MeyerDC
- DongBang AcuPrime