Acupuncture Needles Market by Type (Disposable Needles and Non-Disposable Needles), Material (Stainless Steel, Gold, and Silver), and End-User (Clinics, Hospitals, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026
- Published Date: 2020-10-18
- Report ID: 3825
- Pages: 165
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Format:
The global acupuncture needles market was valued at $95.8 million in 2018 and is expected to reach $177.7 million by 2026, registering a CAGR of 8.2% from 2019 to 2026. Acupuncture needles are used as pain relievers, as they provide muscle relaxation and relieve pain & stress. This energy is circulated through the body via several energy pathways called meridians. Each of these pathways or channels are linked to an internal organ. It is mostly used to treat body pain, headache, migraines, joint conditions, post-operative pain, nausea, menstrual cramps, insomnia, speech disorders, and paralysis.
The adoption of acupuncture needles for pain management has increased over a period. This is attributed to the fact that chronic pain management has become a global health concern, which considerably increases the use of acupuncture needles. Furthermore, a significant increase in the adoption of acupuncture needles in developed economies, such as the U.S., acts as a key driver for the global market. However, due to insertion of needles to a certain depth in human skin, the practice of acupuncture may pose risks to the recipients. Transmission of pathogenic microorganisms is one of the most crucial acupuncture associated complications. Thereby, increased risk of infection transmission poses as a restrain for the market growth. Furthermore, its rise in popularity, particularly in developed nations, can be attributed to its effectiveness against pain relief and the fact that scientific studies have begun to prove its efficacy. Acupuncture treatment is now increasingly used for various conditions in addition to pain management, thereby, creates lucrative opportunities for the market.
The market is segmented on the basis of type, material, end-users, and region. By type, it is bifurcated into disposable needles and non-disposable needles. By material, it is categorized into stainless steel, gold, and silver. By end-users, it is segmented into acupuncture clinics, hospitals, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
KEY BENEFITS FOR STAKEHOLDERS
The study provides an in-depth analysis of the market along with the current trends and future estimations to elucidate the imminent investment pockets.
It offers a quantitative analysis from 2018 to 2026, which is expected to enable the stakeholders to capitalize on prevailing market opportunities.
Comprehensive analysis of all geographical regions is provided to determine the prevailing opportunities.
Key players are profiled, and their strategies are analyzed thoroughly to understand the competitive outlook of the global market.
KEY MARKET SEGMENTS
By Product
Disposable Needles
Non-disposable Needles
By Type
Stainless Steel
Gold
Silver
By End-User
Clinics
Hospitals
Others
By Geography
North America
o U.S.
o Canada
o Mexico
Europe
o Germany
o France
o UK
o Italy
o Spain
o Rest of Europe
Asia Pacific
o Japan
o China
o India
o Rest of Asia-Pacific
LAMEA
o Brazil
o Saudi Arabia
o South Africa
o Rest of LAMEA
LIST OF KEY PLAYERS PROFILED IN THE REPORT
Seirin Corporation
Empecs Medical Co. Ltd
Suzhou Tianxie Acupuncture Instruments Co., Ltd
AcuMedic Ltd
Qingdao Great Fortune Co., Ltd
AcuSupply Inc.
3B Scientific GmbH
Lhasa OMS, Inc.
Asia Med GMbH
Cogmedix, Inc.
Chapter 1: Introduction
1.1. Report Description
1.2. Key Benefits For Stakeholders
1.3. Research Methodology
1.3.1. Secondary Research
1.3.2. Primary Research
1.3.3. Analyst Tools & Models
Chapter 2: Executive Summary
2.1. Cxo Perspective
Chapter 3: Market Overview
3.1. Market Definition And Scope
3.2. Porter'S Five Forces Analysis
3.3. Top Player Positioning
3.4. Market Dynamics
3.4.1. Drivers
3.4.1.1. Rise In Adoption Of Acupuncture For Pain Management
3.4.1.2. Surge In Health Complications In Geriatric Population
3.4.1.3. Rise In Gynecological Disorders
3.4.2. Restraints
3.4.2.1. Risk In Infections Caused Due To Use Of Reusable Needles
3.4.2.2. Availability Alternatives To Acupuncture
3.4.3. Opportunities
3.4.3.1. Rise In Awareness Of Acupuncture Treatment
Chapter 4: Acupuncture Needles Market, By Type
4.1. Overview
4.1.1. Market Size And Forecast, By Type
4.2. Disposable Acupuncture Needles
4.2.1. Key Market Trends And Opportunities
4.2.2. Market Size And Forecast, By Region
4.2.3. Market Analysis, By Country
4.3. Non-Disposable Needles
4.3.1. Key Market Trends And Opportunities
4.3.2. Market Size And Forecast, By Region
4.3.3. Market Analysis, By Country
Chapter 5: Acupuncture Needles Market, By Material
5.1. Overview
5.1.1. Market Size And Forecast, By Material
5.2. Stainless Steel
5.2.1. Market Size And Forecast, By Region
5.2.2. Market Analysis, By Country
5.3. Gold
5.3.1. Market Size And Forecast, By Region
5.3.2. Market Analysis, By Country
5.4. Silver
5.4.1. Market Size And Forecast, By Region
5.4.2. Market Analysis, By Country
Chapter 6: Acupuncture Needles Market, By End User
6.1. Overview
6.1.1. Market Size And Forecast, By Material
6.2. Hospitals
6.2.1. Market Size And Forecast, By Region
6.2.2. Market Analysis, By Country
6.3. Clinics
6.3.1. Market Size And Forecast, By Region
6.3.2. Market Analysis, By Country
6.4. Others
6.4.1. Market Size And Forecast, By Region
6.4.2. Market Analysis, By Country
Chapter 7: Acupuncture Needles Market, By Region
7.1. Overview
7.1.1. Market Size And Forecast
7.2. North America
7.2.1. Key Market Trends And Opportunities
7.2.2. Market Size And Forecast, By Type
7.2.3. Market Size And Forecast, By Material
7.2.4. Market Size And Forecast, By End User
7.2.5. Market Size And Forecast, By Country
7.2.5.1. U.S. Market Size And Forecast, By Type
7.2.5.2. U.S. Market Size And Forecast, By Material
7.2.5.3. U.S. Market Size And Forecast, By End User
7.2.5.4. Canada Market Size And Forecast, By Type
7.2.5.5. Canada Market Size And Forecast, By Material
7.2.5.6. Canada Market Size And Forecast, By End User
7.2.5.7. Mexico Market Size And Forecast, By Type
7.2.5.8. Mexico Market Size And Forecast, By Material
7.2.5.9. Mexico Market Size And Forecast, By End User
7.3. Europe
7.3.1. Key Market Trends And Opportunities
7.3.2. Europe Market Size And Forecast, By Type
7.3.3. Europe Market Size And Forecast, By Material
7.3.4. Europe Market Size And Forecast, By End User
7.3.5. Europe Market Size And Forecast, By Country
7.3.5.1. France Market Size And Forecast, By Type
7.3.5.2. France Market Size And Forecast, By Material
7.3.5.3. France Market Size And Forecast, By End User
7.3.5.4. Uk Market Size And Forecast, By Type
7.3.5.5. Uk Market Size And Forecast, By Material
7.3.5.6. Uk Market Size And Forecast, By End User
7.3.5.7. Germany Market Size And Forecast, By Type
7.3.5.8. Germany Market Size And Forecast, By Material
7.3.5.9. Germany Market Size And Forecast, By End User
7.3.5.10. Spain Market Size And Forecast, By Type
7.3.5.11. Spain Market Size And Forecast, By Material
7.3.5.12. Spain Market Size And Forecast, By End User
7.3.5.13. Italy Market Size And Forecast, By Type
7.3.5.14. Italy Market Size And Forecast, By Material
7.3.5.15. Italy Market Size And Forecast, By End User
7.3.5.16. Rest Of Europe Market Size And Forecast, By Type
7.3.5.17. Rest Of Europe Market Size And Forecast, By Material
7.3.5.18. Rest Of Europe Market Size And Forecast, By End User
7.4. Asia-Pacific
7.4.1. Key Market Trends And Opportunities
7.4.2. Asia-Pacific Market Size And Forecast, By Type
7.4.3. Asia-Pacific Market Size And Forecast, By Material
7.4.4. Asia-Pacific Market Size And Forecast, By End User,
7.4.5. Asia-Pacific Market Size And Forecast, By Country
7.4.5.1. Japan Market Size And Forecast, By Type
7.4.5.2. Japan Market Size And Forecast, By Material
7.4.5.3. Japan Market Size And Forecast, By End User
7.4.5.4. China Market Size And Forecast, By Type
7.4.5.5. China Market Size And Forecast, By Material
7.4.5.6. China Market Size And Forecast, By End User
7.4.5.7. India Market Size And Forecast, By Type
7.4.5.8. India Market Size And Forecast, By Material
7.4.5.9. India Market Size And Forecast, By End User
7.4.5.10. Rest Of Asia-Pacific Market Size And Forecast, By Type
7.4.5.11. Rest Of Asia-Pacific Market Size And Forecast, By Material
7.4.5.12. Rest Of Asia-Pacific Market Size And Forecast, By End User
7.5. Lamea
7.5.1. Key Market Trends And Opportunities
7.5.2. Lamea Market Size And Forecast, By Type
7.5.3. Lamea Market Size And Forecast, By Material
7.5.4. Lamea Market Size And Forecast, By End User
7.5.5. Lamea Market Size And Forecast, By Country
7.5.5.1. Brazil Market Size And Forecast, By Type
7.5.5.2. Brazil Market Size And Forecast, By Material
7.5.5.3. Brazil Market Size And Forecast, By End User
7.5.5.4. Saudi Arabia Market Size And Forecast, By Type
7.5.5.5. Saudi Arabia Market Size And Forecast, By Material
7.5.5.6. Saudi Arabia Market Size And Forecast, By End User
7.5.5.7. South Africa Market Size And Forecast, By Type
7.5.5.8. South Africa Market Size And Forecast, By Material
7.5.5.9. South Africa Market Size And Forecast, By End User
7.5.5.10. Rest Of Lamea Market Size And Forecast, By Type
7.5.5.11. Rest Of Lamea Market Size And Forecast, By Material
7.5.5.12. Rest Of Lamea Market Size And Forecast, By End User
Chapter 8: Company Profiles
8.1. 3B Scientific Gmbh
8.1.1. Company Overview
8.1.2. Company Snapshot
8.1.3. Operating Business Segments
8.1.4. Product Portfolio
8.2. Acumedic Ltd
8.2.1. Company Overview
8.2.2. Company Snapshot
8.2.3. Operating Business Segments
8.2.4. Product Portfolio
8.3. Asia Med Gmbh
8.3.1. Company Overview
8.3.2. Company Snapshot
8.3.3. Operating Business Segments
8.3.4. Product Portfolio
8.4. Boen Healthcare Co., Ltd.
8.4.1. Company Overview
8.4.2. Operating Business Segments
8.4.3. Product Portfolio
8.5. Dana Medical Inc.
8.5.1. Company Overview
8.5.2. Company Snapshot
8.5.3. Operating Business Segments
8.5.4. Product Portfolio
8.6. Seirin Corporation
8.6.1. Company Overview
8.6.2. Operating Business Segments
8.6.3. Product Portfolio
8.7. Suzhou Hualun Medical Appliance Co,.Ltd
8.7.1. Company Overview
8.7.2. Operating Business Segments
8.7.3. Product Portfolio
8.8. Shinylink Shanghai Industrial Inc.
8.8.1. Company Overview
8.8.2. Company Snapshot
8.8.3. Operating Business Segments
8.8.4. Product Portfolio
8.9. Wuxi Jiajian Medical Devices Co., Ltd.
8.9.1. Company Overview
8.9.2. Company Snapshot
8.9.3. Operating Business Segments
8.9.4. Product Portfolio
8.10. Suzhou Zhongjing Life & Science Technology Co.,Ltd
8.10.1. Company Overview
8.10.2. Company Snapshot
8.10.3. Operating Business Segments
8.10.4. Product Portfolio
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