Global Acupuncture Needles Market by Type (Non-Disposable Needles and Disposable Needles), Material (Stainless Steel, silver and gold), Distribution Channel (Online channels, Direct tenders, Retail store and Others), and End-User (Clinics, Hospitals, and Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends Analysis & Forecast till 2027
Global Acupuncture Needles Market Definition:
Acupuncture came from Chinese tradition and is further popular across the globe. It is an alternative medicine wherein needles are inserted at specific pressure points on the body to stimulate the nerves. It is mostly used to treat body pain, headaches, migraines, joint conditions, post-operative pain, nausea, menstrual cramps, insomnia, speech disorders, and paralysis. It is also used to treat emotional disorders (anxiety and depression), digestive disorders (nausea, vomiting, and irritable bowel syndrome), and respiratory conditions (asthma and sinusitis), and is beneficial in alcohol addictions, chemotherapy, and gynecological disorders (infertility).
Global Acupuncture Needles Market Outlook:
The demand for needles in acupunctural therapy is driven by due to less serious adverse effects relative to medicine, reduction in medication dependency, and painful medical procedures. However, acupuncture treatments require regular follow-ups, which is not possible for all patients which restraint the market. In addition, low awareness and inadequate insurance coverage for acupuncture treatment hampers the market growth. Moreover, the recognition of acupuncture therapy is projected to offer the demand for acupuncture needles new opportunities.
According to Pheonix Research, Market Size of The global acupuncture needles market registered a CAGR of 8.6% from 2020 to 2027
For geographically segmented the Asia Pacific dominated the market and was the prime contributor in terms of revenue in the total global acupuncture needles market
GLOBAL ACUPUNCTURE NEEDLES MARKET DYNAMICS:
Market Drivers
• The elderly population, and increasing chronic disease are the key factors in increasing the market
• Growing health awareness will drive the market
Market Restraints
• Low Awareness
• Inadequate reimbursement
Global Acupuncture Needles Market Segmentation:
By Product
• Disposable Needles
• Non-disposable Needles
By Type
• Stainless Steel
• Gold
• Silver
By End-User
• Clinics
• Hospitals
• Others
By Distribution Channel
• Online channels
• Direct tenders
• Retail store
• Others
By Geography
• North America
o US
o Canada
o Mexico
• South America
o Brazil
o Argentina
o Rest of South America
• Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Turkey
o Belgium
o Netherlands
o Rest of Europe
• Asia-Pacific
o Japan
o China
o South Korea
o India
o Australia
o Singapore
o Malaysia
o Indonesia
o Thailand
o Philippines
o Rest of Asia-Pacific
• The Middle East and Africa
o South Africa
o Egypt
o Saudi Arabia
o United Arab Emirates
o Israel
o Rest of the Middle East and Africa
Competitive Analysis: Global Acupuncture Needles Market:
The global Acupuncture needle market is highly competitive, and major players have used various approaches to raise their footprints in this market such as new product advancements, acquisitions, contracts, joint ventures, alliances, acquisition and others. The scope of the study includes Acupuncture Needles Market revenue for Global, Asia-Pacific, North America, Europe, South America, and the Middle East & Africa.
Key Market Competitors: Global Acupuncture Needles Market:
A few of the major competitors currently working in the Acupuncture Needles Market are
• 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
Research Methodology: Global Acupuncture Needles Market
Data collection modules with large sample sizes are used for data collection and base year analysis. Market share analysis and key trend analysis are the major factors for success in any market report. Market statistical and coherent models are used to analyze the market data. Please request an analyst call for more information on the research methodology
Phoenix research consultants use their proprietary research methodology to evaluate data that involves data mining, analysis of the impact of data variables on the market, and primary validation. Furthermore, other data models consist of a market overview and guide, company matrix, key intensity vendor mapping, market forecasting analysis, company share analysis, top-down and bottom-up analysis, and others.
Demand and Supply Side- Primary Research Respondent
Demand Side: commercial Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Players, Healthcare Authorities, Academics and Universities, Technological Expertise, researchers, Promoters, and Investors among others.
Supply Side: Product Managers, Marketing Managers, Senior and mid-level Executives, Distributors, Market Intelligence, and Regulatory Authority Managers among others.
Report Insights:
• To gain insights into the competitive milieu in the market
• End-user assessment /Customer behaviors
• Detailed Demand and Supply Assessment
• Key market drivers and restraints Analysis
• Competitive landscape of the key players involved
• In-depth analysis of the market segmentation
1. Executive Summary
2. Global Market Outlook
3. Introduction
3.1. Study Objectives
3.2. Scope Of The Study – Market Coverage / Taxonomy
3.3. Scope Of The Study – Geographical Coverage
3.4. Acupuncture Needles Market Stakeholders
3.5. Study Years & Currency
3.6. Research & Methodology
4. Key Market Trends
4.1. Key Trends Impacting The Market
4.2. Product Innovation / Development Trends
5. Parent Market Overview & Qualitative Analysis
6. Product Life Cycle Analysis
7. Market Background
7.1. Macro-economic Factors
7.2. Forecast Factors – Relevance & Impact
7.3. Value Chain
7.4. Market Dynamics
7.4.1. Drivers
7.4.2. Restraints
7.4.3. Opportunity Analysis
7.4.4. Challenges
8. Policy And Regulatory Landscape
9. Supply Chain Analysis
9.1. List Of Active Participants- By Region
9.2. Key Distributors/retailers
10. Value Chain And Pricing Analysis
10.1. Regional Average Pricing Analysis
10.2. Value Chain Analysis
10.3. Factors Influencing Pricing
11. Global Acupuncture Needles Market
12. Global Acupuncture Needles Market, By Product Type
12.1. Global Acupuncture Needles Market, By Disposable Needles
12.2. Global Acupuncture Needles Market, By Non-disposable Needles
13. Global Acupuncture Needles Market, By Formulation
13.1. Global Acupuncture Needles Market, By Stainless Steel
13.2. Global Acupuncture Needles Market, By Gold
13.3. Global Acupuncture Needles Market, By Silver
14. Global Acupuncture Needles Market, By Epa Classification
15. Global Acupuncture Needles Market, By Distributor
15.1. Global Acupuncture Needles Market , By Online Store
15.2. Global Acupuncture Needles Market , By Direct Tender
15.3. Global Acupuncture Needles Market , By Third Party Vendor
16. Global Acupuncture Needles Market , By End User
16.1. Global Acupuncture Needles Market , By Clinics
16.2. Global Acupuncture Needles Market , By Hospitals
16.3. Global Acupuncture Needles Market , By Others
17. Global Acupuncture Needles Market , By Geography
17.1. North America Acupuncture Needles Market , By Country
17.1.1. North America Acupuncture Needles Market , By Usa
17.1.2. North America Acupuncture Needles Market , By Canada
17.2. Europe Acupuncture Needles Market , By Country
17.2.1. North America Acupuncture Needles Market , By Usa
17.2.2. North America Acupuncture Needles Market , By Canada
17.3. Europe Acupuncture Needles Market , By Country
17.3.1. North America Acupuncture Needles Market , By Usa
17.3.2. North America Acupuncture Needles Market , By Canada
17.4. North America Acupuncture Needles Market , By Country
17.4.1. North America Acupuncture Needles Market , By Usa
17.4.2. North America Acupuncture Needles Market , By Canada
17.5. North America Acupuncture Needles Market , By Country
17.5.1. North America Acupuncture Needles Market , By Usa
17.5.2. North America Acupuncture Needles Market , By Canada
17.6. North America Acupuncture Needles Market , By Country
17.6.1. North America Acupuncture Needles Market , By Usa
17.6.2. North America Acupuncture Needles Market , By Canada
17.7. Europe Acupuncture Needles Market , By Country
17.7.1. Europe Acupuncture Needles Market , By Uk
17.7.2. Europe Acupuncture Needles Market , By France
17.7.3. Europe Acupuncture Needles Market , By Germany
17.7.4. Europe Acupuncture Needles Market , By Italy
17.7.5. Europe Acupuncture Needles Market , By Rest Of Europe
17.8. Asia-pacific Acupuncture Needles Market , By Country
17.8.1. Asia-pacific Acupuncture Needles Market , By China
17.8.2. Asia-pacific Acupuncture Needles Market , By India
17.8.3. Asia-pacific Acupuncture Needles Market , By Japan
17.8.4. Asia-pacific Acupuncture Needles Market , By Australia & New Zealand
17.8.5. Asia-pacific Acupuncture Needles Market , By Rest Of Asia-pacific
17.9. Rest Of World Acupuncture Needles Market , By Country
18. Competitive Landscape
18.1. Market Share Analysis (2018)
18.2. Porter’s Five Forces Analysis
19. Company Profiles
19.1. Seirin Corporation
19.1.1. Revenue Analysis
19.1.2. Geographical Analysis
19.1.3. Recent Development
19.2. Empecs Medical Co. Ltd
19.2.1. Overview
19.2.2. Revenue Analysis
19.2.3. Geographical Analysis
19.2.4. Recent Development
19.3. Suzhou Tianxie Acupuncture Instruments Co., Ltd
19.3.1. Overview
19.3.2. Revenue Analysis
19.3.3. Geographical Analysis
19.3.4. Recent Development
19.4. Acumedic Ltd
19.4.1. Overview
19.4.2. Revenue Analysis
19.4.3. Geographical Analysis
19.4.4. Recent Development
19.5. Qingdao Great Fortune Co., Ltd.
19.5.1. Overview
19.5.2. Revenue Analysis
19.5.3. Geographical Analysis
19.5.4. Recent Development
19.6. Acusupply Inc
19.6.1. Overview
19.6.2. Revenue Analysis
19.6.3. Geographical Analysis
19.6.4. Recent Development
19.7. 3b Scientific Gmbh
19.7.1. Overview
19.7.2. Revenue Analysis
19.7.3. Geographical Analysis
19.7.4. Recent Development
19.8. Lhasa Oms, Inc
19.8.1. Overview
19.8.2. Revenue Analysis
19.8.3. Geographical Analysis
19.8.4. Recent Development
19.9. Asia Med Gmbh
19.9.1. Overview
19.9.2. Revenue Analysis
19.9.3. Geographical Analysis
19.9.4. Recent Development
19.10. Cogmedix, Inc.
19.10.1. Overview
19.10.2. Revenue Analysis
19.10.3. Geographical Analysis
19.10.4. Recent Development
20. Swot And Analysis
21. Conclusion
22. About Us
23. Related Reports
24. Pheonix Research
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