- Disposable Needles
- Non-disposable Needles
Acupuncture Needles Market size was valued at 110.3 million in 2021 and is estimated to reach 189.0 million by 2028, at a CAGR of 8.0% during the forecast period 2022 to 2028. Due to increase in prevalence of chronic pain, fatigue, infertility, digestive system disorders, headache and hormonal imbalances and others. Moreover, no severe side effects compared to conventional medicine, increase in demand, decrease in dependency on medications, and unpleasant medical procedures, wide range of applications with the therapy, and rise in centers for acupuncture needles treatment are the major factors that are driving the growth of the global acupuncture market thereby fuelling the acupuncture needles market over the forecast timeframe. This report studies global acupuncture needles market dynamics elaborately to indentify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global market report includes human demographics; and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities).
Global Acupuncture Needles Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
8%
Largest Market
Europe
Fastest Growing Market
Asia-Pacific
Acupuncture Needles Market
Increase in the prevalence of chronic pain disorders, headache and hormonal imbalances is a key factor drive the global acupuncture needles market. According to World Health Organization 2018, chronic pain affects approximately 20% of people worldwide. Moreover, the trend of desk bound jobs, obesity, and alcohol addiction led to complications such as sleep disturbances, and emotional disorders. The newer methods of treatment, wide range of applications and advantages of acupuncture are anticipated to propel the global acupuncture market thereby increasing the acupuncture needles market over the forecast years.
Asia-Pacific got Significant Share
Acupuncture Needles Market
Asia pacific region accounted for larger revenue share in global acupuncture needles market with significant CAGR. Increase in prevalence of chronic pain disorders, headaches, hormonal imbalance, increased demand for the therapy, and rise in awareness about the acupuncture among the healthcare professionals, availability of treatment centers and skilled professionals in the region are anticipated to propel the market. European acupuncture needles market projected to exhibit significant growth due to increased preference for acupuncture therapies amongst the European population boost the market.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The global acupuncture needles market expanding at significant CAGR over 2022 to 2028 owing to increase in the prevalence of chronic pain disorders, headaches, hormonal imbalances.
- Based on type of material, stainless steel accounted for larger market revenue share in 2021 and projected gain market revenue share over the forecast period
- Players focusing on innovation of newer techniques and collaboration strategies to retain market position in global acupuncture needles market
Global Acupuncture Needles Market Segmentation
By Type
By Material
- Stainless Steel
- Gold
- Silver
By End User
- Clinics
- Hospitals
- Others
Frequently Asked Questions
2021 is the base year and 2028 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.
- Executive Summary
- Global Acupuncture Needles Market Introduction
- Global Acupuncture Needles Market – Taxonomy
- Global Acupuncture Needles Market –Definitions
- Type
- Material Type
- End User
- Region
- Global Acupuncture Needles Market Dynamics
- Drivers
- Restraints
- Opportunities/Unmet Needs of the Market
- Trends
- Global Acupuncture Needles Market Dynamic Factors - Impact Analysis
- Global Acupuncture Needles Market – Competition Landscape
- Global Acupuncture Needles Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026
- Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%)
- Market Opportunity Analysis
- Global Acupuncture Needles Market Forecast, By Type, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn)
- Disposable Needles
- Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Non-disposable Needles
- Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Disposable Needles
- Global Acupuncture Needles Market Forecast, By Material Type, 2015 - 2019 and Forecast, 2020 - 2026
- Stainless Steel
- Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Gold
- Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Silver
- Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Stainless Steel
- Global Acupuncture Needles Market Forecast, By End User, 2015 - 2019 and Forecast, 2020 - 2026
- Hospitals
- Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Clinics
- Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Others
- Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Hospitals
- Global Acupuncture Needles Market Forecast, By Region, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn)
- North America
- Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Europe
- Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Asia-Pacific
- Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Latin America
- Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Middle East and Africa
- Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Global Acupuncture Needles Market - Opportunity Analysis Index, By Type, Material Type, End User, and Region, 2020 - 2026
- North America
- North America Acupuncture Needles Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn)
- By Type Analysis 2015 - 2019 and Forecast 2020 - 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Disposable Needles
- Non-disposable Needles
- Material Type Analysis 2015 - 2019 and Forecast 2020 - 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Stainless Steel
- Gold
- Silver
- End User Analysis 2015 - 2019 and Forecast 2020 - 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Clinics
- Hospitals
- Others
- Country Analysis 2015 - 2019 and Forecast 2020 - 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- S.
- Canada
- North America Acupuncture Needles Market - Opportunity Analysis Index, By Type, Material Type, End User, and Country, 2020 - 2026
- North America Acupuncture Needles Market Dynamics – Trends
- By Type Analysis 2015 - 2019 and Forecast 2020 - 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Europe Acupuncture Needles Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn)
- By Type Analysis 2015 - 2019 and Forecast 2020 - 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Disposable Needles
- Non-disposable Needles
- Material Type Analysis 2015 - 2019 and Forecast 2020 - 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Stainless Steel
- Gold
- Silver
- End User Analysis 2015 - 2019 and Forecast 2020 - 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Clinics
- Hospitals
- Others
- Country Analysis 2015 - 2019 and Forecast 2020 - 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- Germany
- UK
- France
- Spain
- Italy
- Russia
- Poland
- Rest of Europe
- Europe Acupuncture Needles Market - Opportunity Analysis Index, By Type, Material Type, End User, and Country, 2020 - 2026
- Europe Acupuncture Needles Market Dynamics – Trends
- By Type Analysis 2015 - 2019 and Forecast 2020 - 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Asia-Pacific Acupuncture Needles Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn)
- By Type Analysis 2015 - 2019 and Forecast 2020 - 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Disposable Needles
- Non-disposable Needles
- Material Type Analysis 2015 - 2019 and Forecast 2020 - 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Stainless Steel
- Gold
- Silver
- End User Analysis 2015 - 2019 and Forecast 2020 - 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Clinics
- Hospitals
- Others
- Country Analysis 2015 - 2019 and Forecast 2020 - 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- Japan
- China
- India
- ASEAN
- Australia & New Zealand
- Rest of Asia-Pacific
- Asia-Pacific Acupuncture Needles Market - Opportunity Analysis Index, By Type, Material Type, End User, and Country, 2020 - 2026
- Asia-Pacific Acupuncture Needles Market Dynamics – Trends
- By Type Analysis 2015 - 2019 and Forecast 2020 - 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Latin America Acupuncture Needles Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn)
- By Type Analysis 2015 - 2019 and Forecast 2020 - 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Disposable Needles
- Non-disposable Needles
- Material Type Analysis 2015 - 2019 and Forecast 2020 - 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Stainless Steel
- Gold
- Silver
- End User Analysis 2015 - 2019 and Forecast 2020 - 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Clinics
- Hospitals
- Others
- Country Analysis 2015 - 2019 and Forecast 2020 - 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- Brazil
- Mexico
- Argentina
- Venezuela
- Rest of Latin America
- Latin America Acupuncture Needles Market - Opportunity Analysis Index, By Type, Material Type, End User, and Country, 2020 - 2026
- Latin America Acupuncture Needles Market Dynamics – Trends
- By Type Analysis 2015 - 2019 and Forecast 2020 - 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Middle East and Africa Acupuncture Needles Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn)
- By Type Analysis 2015 - 2019 and Forecast 2020 - 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Disposable Needles
- Non-disposable Needles
- Material Type Analysis 2015 - 2019 and Forecast 2020 - 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Stainless Steel
- Gold
- Silver
- End User Analysis 2015 - 2019 and Forecast 2020 - 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Clinics
- Hospitals
- Others
- Country Analysis 2015 - 2019 and Forecast 2020 - 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- Gulf Cooperation Council (GCC) Countries
- Israel
- South Africa
- Rest of MEA
- MEA Acupuncture Needles Market - Opportunity Analysis Index, By Type, Material Type, End User, and Country, 2020 - 2026
- MEA Acupuncture Needles Market Dynamics – Trends
- By Type Analysis 2015 - 2019 and Forecast 2020 - 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
- Competition Landscape
- Strategic Dashboard of Top Market Players
- Company Profiles (Introduction, Financial Analysis, Material Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
- Wuxi Jiajian Medical Instruments Co., Ltd,
- 3B Scientific GmbH,
- SEIRIN Corporation,
- Cymedics GmbH & Co. KG,
- Asia-med GmbH,
- Cogmedix, Inc.
- Qingdao Great Fortune Co., Ltd.,
- AcuSupply Inc
- Empecs Medical Co. Ltd.
- Suzhou Tianxie Acupuncture Instruments Co., Ltd.
- Lhasa OMS, Inc.
- Cloud & Dragon
- Research Methodology
- Key Assumptions and Acronyms
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Competition Assessment:
- Wuxi Jiajian Medical Instruments Co., Ltd,
- 3B Scientific GmbH,
- SEIRIN Corporation,
- Cymedics GmbH & Co. KG,
- Asia-med GmbH,
- Cogmedix, Inc.
- Qingdao Great Fortune Co., Ltd.,
- AcuSupply Inc
- Empecs Medical Co. Ltd.
- Suzhou Tianxie Acupuncture Instruments Co., Ltd.
- Lhasa OMS, Inc.
- Cloud & Dragon