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Acupuncture Needles Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented by Product, By Material, By Application, By End Use, By Region

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  • 113 Pages
  • August 2023
  • Region: Global
  • TechSci Research
  • ID: 5852935
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The global acupuncture needles market is anticipated to witness a growth of steady CAGR in the forecast period, 2023-2027. This can be ascribed to the growing prevalence of chronic diseases such as diabetes, obesity, among others. The prevalence of these diseases has increased on account of the unhealthy lifestyle of the population, increasing alcohol consumption, and smoking habits, among others. According to the Centers for Disease Control and Prevention National Diabetes Statistics report, around 37.3 million people in the United States have diabetes which is about 11.3% of the total population. Acupuncture is helpful in treating pain caused due to chronic diseases. Additionally, there are no major complications or side effects caused due to acupuncture therapy. All these factors are expected to increase the demand for acupuncture needles, thereby driving market growth.

Growing Prevalence of Diseases

The increasing prevalence of various chronic diseases, musculoskeletal diseases, and lower back pain, among others, and the use of acupuncture techniques in the treatment of these problems has led to an increase in the demand for the global acupuncture needles market. Besides, the growing prevalence of osteoarthritis, rheumatoid arthritis, and fibromyalgia, among others, are further expected to increase the demand for acupuncture needles market. Estimations suggest that around 59 million people are diagnosed with arthritis in the United States. Besides, the acupuncture technique is found to be highly successful in treating pain caused due to several gynecological conditions, including period pain.

Growing Geriatric Population

The growing geriatric population across the globe suffering from various diseases is expected to increase the demand for acupuncture therapies, thereby driving the growth of global acupuncture needles market. The geriatric population is more susceptible to injuries, falls, and pain caused due to different diseases. According to the United Nations Department of Economic and Social Affairs, Population Division, the Number of Persons Aged 65 Years or Above was around 702.9 million in 2019, and this number is expected to reach 1548.9 million by 2050. This, in turn, is expected to increase the demand for alternative pain-relieving therapies such as acupuncture. The growing popularity of acupuncture therapy has significantly increased the demand for acupuncture needles market.

Market Segmentation

The global acupuncture needles market can be segmented by product, material, application, end-use, and by region. Based on the product, the market can be divided into disposable needles and reusable needles. Based on material, the market can be differentiated into stainless steel, gold, silver, and others. Based on application, the market can be segmented into arthritis, back pain, neck/muscle pain, headaches & migraines, and others. Based on end use, the market can be segmented into hospitals & clinics, wellness centers, and others. Regionally, Europe dominated the market among Asia Pacific, North America, Middle East & Africa, and South America. In terms of country, the United States dominated the global acupuncture needles market in 2021 on account of growing investments in alternative treatments. In 2021, the United States invested USD 20.77 billion dollars in Alternative Medicine Industry.

Market Players

Seirin Corporation, Empecs Medical Co., Ltd., Suzhou Tianxie Acupuncture Instruments Co., Ltd., AcuMedic Ltd., Qingdao Great Fortune Co., Ltd., AcuSupply Inc., 3B Scientific GmbH, Dana Medical Co., Boen Healthcare Co., Ltd., Asia-med GmbH are some of the leading players operating in the global acupuncture needles market.

Report Scope:

In this report, global acupuncture needles market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below:

Acupuncture Needles, By Product:

  • Disposable Needles
  • Reusable Needles

Acupuncture Needles, By Material:

  • Stainless Steel
  • Gold
  • Silver
  • Others

Acupuncture Needles, By Application:

  • Arthritis
  • Back Pain
  • Neck/Muscle Pain
  • Headaches & Migraines
  • Others

Acupuncture Needles Market, By End Use:

  • Hospitals & Clinics
  • Wellness Centers
  • Others

Acupuncture Needles Market, By Region:

  • North America
  • United States
  • Canada
  • Mexico
  • Europe
  • France
  • Germany
  • United Kingdom
  • Italy
  • Spain
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • South America
  • Brazil
  • Argentina
  • Colombia
  • Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Global Acupuncture Needles Market.

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Table of Contents

1. Product Overview2. Research Methodology3. Executive Summary4. Impact of COVID-19 on Global Acupuncture Needles Market5. Voice of Customer
6. Global Acupuncture Needles Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Product (Disposable Needles v/s Reusable Needles)
6.2.2. By Material (Stainless Steel, Gold, Silver, Others)
6.2.3. By Application (Arthritis, Back Pain, Neck/Muscle Pain, Headaches & Migraines, Others)
6.2.4. By End Use (Hospitals & Clinics, Wellness Centers, Others)
6.2.5. By Company (2021)
6.2.6. By Region
6.3. Market Map
7. North America Acupuncture Needles Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Product
7.2.2. By Material
7.2.3. By Application
7.2.4. By End Use
7.2.5. By Country
7.3. North America: Country Analysis
7.3.1. United States Acupuncture Needles Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Product
7.3.1.2.2. By Material
7.3.1.2.3. By Application
7.3.1.2.4. By End Use
7.3.2. Canada Acupuncture Needles Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Product
7.3.2.2.2. By Material
7.3.2.2.3. By Application
7.3.2.2.4. By End Use
7.3.3. Mexico Acupuncture Needles Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Product
7.3.3.2.2. By Material
7.3.3.2.3. By Application
7.3.3.2.4. By End Use
8. Europe Acupuncture Needles Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Product
8.2.2. By Material
8.2.3. By Application
8.2.4. By End Use
8.2.5. By Country
8.3. Europe: Country Analysis
8.3.1. France Acupuncture Needles Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Product
8.3.1.2.2. By Material
8.3.1.2.3. By Application
8.3.1.2.4. By End Use
8.3.2. Germany Acupuncture Needles Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Product
8.3.2.2.2. By Material
8.3.2.2.3. By Application
8.3.2.2.4. By End Use
8.3.3. United Kingdom Acupuncture Needles Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Product
8.3.3.2.2. By Material
8.3.3.2.3. By Application
8.3.3.2.4. By End Use
8.3.4. Italy Acupuncture Needles Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Product
8.3.4.2.2. By Material
8.3.4.2.3. By Application
8.3.4.2.4. By End Use
8.3.5. Spain Acupuncture Needles Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Product
8.3.5.2.2. By Material
8.3.5.2.3. By Application
8.3.5.2.4. By End Use
9. Asia-Pacific Acupuncture Needles Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Product
9.2.2. By Material
9.2.3. By Application
9.2.4. By End Use
9.2.5. By Country
9.3. Asia-Pacific: Country Analysis
9.3.1. China Acupuncture Needles Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Product
9.3.1.2.2. By Material
9.3.1.2.3. By Application
9.3.1.2.4. By End Use
9.3.2. India Acupuncture Needles Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Product
9.3.2.2.2. By Material
9.3.2.2.3. By Application
9.3.2.2.4. By End Use
9.3.3. Japan Acupuncture Needles Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Product
9.3.3.2.2. By Material
9.3.3.2.3. By Application
9.3.3.2.4. By End Use
9.3.4. South Korea Acupuncture Needles Market Outlook
9.3.4.1. Market Size & Forecast
9.3.4.1.1. By Value
9.3.4.2. Market Share & Forecast
9.3.4.2.1. By Product
9.3.4.2.2. By Material
9.3.4.2.3. By Application
9.3.4.2.4. By End Use
9.3.5. Australia Acupuncture Needles Market Outlook
9.3.5.1. Market Size & Forecast
9.3.5.1.1. By Value
9.3.5.2. Market Share & Forecast
9.3.5.2.1. By Product
9.3.5.2.2. By Material
9.3.5.2.3. By Application
9.3.5.2.4. By End Use
10. South America Acupuncture Needles Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Product
10.2.2. By Material
10.2.3. By Application
10.2.4. By End Use
10.2.5. By Country
10.3. South America: Country Analysis
10.3.1. Brazil Acupuncture Needles Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Product
10.3.1.2.2. By Material
10.3.1.2.3. By Application
10.3.1.2.4. By End Use
10.3.2. Argentina Acupuncture Needles Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Product
10.3.2.2.2. By Material
10.3.2.2.3. By Application
10.3.2.2.4. By End Use
10.3.3. Colombia Acupuncture Needles Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Product
10.3.3.2.2. By Material
10.3.3.2.3. By Application
10.3.3.2.4. By End Use
11. Middle East and Africa Acupuncture Needles Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value
11.2. Market Share & Forecast
11.2.1. By Product
11.2.2. By Material
11.2.3. By Application
11.2.4. By End Use
11.2.5. By Country
11.3. MEA: Country Analysis
11.3.1. South Africa Acupuncture Needles Market Outlook
11.3.1.1. Market Size & Forecast
11.3.1.1.1. By Value
11.3.1.2. Market Share & Forecast
11.3.1.2.1. By Product
11.3.1.2.2. By Material
11.3.1.2.3. By Application
11.3.1.2.4. By End Use
11.3.2. Saudi Arabia Acupuncture Needles Market Outlook
11.3.2.1. Market Size & Forecast
11.3.2.1.1. By Value
11.3.2.2. Market Share & Forecast
11.3.2.2.1. By Product
11.3.2.2.2. By Material
11.3.2.2.3. By Application
11.3.2.2.4. By End Use
11.3.3. UAE Acupuncture Needles Market Outlook
11.3.3.1. Market Size & Forecast
11.3.3.1.1. By Value
11.3.3.2. Market Share & Forecast
11.3.3.2.1. By Product
11.3.3.2.2. By Material
11.3.3.2.3. By Application
11.3.3.2.4. By End Use
12. Market Dynamics
12.1. Drivers
12.2. Challenges
13. Market Trends & Developments
14. Competitive Landscape
14.1. Seirin Corporation
14.2. Empecs Medical Co., Ltd.
14.3. Suzhou Tianxie Acupuncture Instruments Co., Ltd.
14.4. AcuMedic Ltd.
14.5. Qingdao Great Fortune Co., Ltd.
14.6. AcuSupply Inc.
14.7. 3B Scientific GmbH
14.8. Dana Medical Co.
14.9. Boen Healthcare Co., Ltd.
14.10. asia-med GmbH
15. Strategic Recommendations

Companies Mentioned

  • Seirin Corporation
  • Empecs Medical Co., Ltd.
  • Suzhou Tianxie Acupuncture Instruments Co., Ltd.
  • AcuMedic Ltd.
  • Qingdao Great Fortune Co., Ltd.
  • AcuSupply Inc.
  • 3B Scientific GmbH
  • Dana Medical Co.
  • Boen Healthcare Co., Ltd.
  • asia-med GmbH

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