Global Acupuncture Needles Market Size By Type (Disposable, Non-disposable), By Material Type (Stainless-steel, Gold), By Application Type (Hospitals, Clinics), By Geographic Scope And Forecast

Acupuncture Needles Market Size And Forecast

Acupuncture Needles Market size was valued at USD 227.76 Million by 2021 and is projected to reach USD 357.3 Million in 2030, growing at a CAGR of 5.1% from 2023 to 2030.

So, it looks like acupuncture might actually help with that nagging low back pain! Western acupuncturists believe these special points are where we can fire up connective tissue, muscles, and nerves. The idea is that this stimulation helps our bodies release their own natural painkillers. And you know, back pain is super common - Practical Pain Management estimates that up to 80% of us will deal with it at some point. It's a big deal; the US healthcare system spends at least USD 50 billion every year just trying to treat low back pain (LBP)! And according to the WHO, worldwide, a staggering 1.71 million people are suffering from musculoskeletal diseases. By the way, if you're curious about the acupuncture needle market itself, there's this Global Acupuncture Needles Market report that apparently gives a really thorough look at key areas, trends, what's driving things, what's holding them back, who the big players are, and basically all the important stuff affecting the market.

Global Acupuncture Needles Market Definition

The global market for the manufacture and sale of acupuncture needles, which are crucial instruments used in the practise of acupuncture, is referred to as the “Acupuncture Needles Market.” Thin needles are inserted into precise body spots during acupuncture, an ancient Chinese medical practise, to enhance energy flow, relieve pain, and improve general health. A variety of needles made for various acupuncture procedures and patient requirements may be found on the market for acupuncture needles. Acupuncture needles’ main purpose is to make it easier to put them precisely and delicately into the body’s acupuncture sites.

Acupuncture needles? They're not all the same! Made from stainless steel (or other stuff), they come in different lengths and gauges to suit whatever treatment you need. The idea is to gently pop these needles into specific spots on your body, along energy pathways called meridians, to help balance your Qi and kickstart your body's natural healing. One of the best things about acupuncture is that it's so gentle. Instead of surgery or pills, it's a natural way to feel better. Because the needles are so thin and sterile, acupuncture is generally safe and doesn't usually hurt much, which means fewer worries about side effects. Acupuncturea path to wellness.

Acupuncture needles? Turns out, the tiny stimulation they deliver to specific points can have a bunch of therapeutic perks! We're talking less pain and stress, better blood flow and a stronger immune system, and just feeling good overall, both physically and mentally. For ages, people have used acupuncture to tackle all sorts of issues, from chronic pain and achy muscles to digestive issues, breathing problems, and even psychological stuff. And get this – there are tons of different acupuncture needle types out there to suit everyone's needs. You'll often find traditional ones made of stainless steel, available in all sorts of lengths and gauges.

You'll mostly find practitioners using these needles for hands-on acupuncture. But, get this, companies have really stepped up their game lately, creating disposable needles and other cool innovations that make things easier and safer! And it doesn't stop there – you can even find needles designed with specific methods or issues in mind. Like, for example, electro-acupuncture needles that have these little metal handles attached to wires, so you can send electrical pulses right into the acupuncture points. Or, how about intradermal needles? Those are super tiny and get partially inserted into the skin for continuous stimulation over a longer period. All these different needle types give acupuncturists the freedom to really customize their treatments to each patient's individual needs.

Global Acupuncture Needles Market Overview

So, what's making the market for acupuncture needles grow? Well, a few things. First off, more and more people are seeing acupuncture as a legit supplementary and alternative way to get healthy. As folks look for ways to feel better without just popping pills – going for a more holistic approach, you know? – they're trying acupuncture, and that means more needles get used. Plus, we're learning more about how acupuncture can actually help. There's research and stories showing it can ease stress, help you sleep better, and even tackle all sorts of health issues.

More and more doctors, patients, and even insurance companies are realizing all the good things acupuncture can do, so naturally, the need for acupuncture needles is going up! As healthcare gets better and it's easier to find acupuncture services, the market should keep growing. These days, you can find acupuncture in all sorts of places – clinics, hospitals, wellness centres, and even private practices. Because it's so easy to get acupuncture treatments, there's a constant demand for needles. Practitioners need to be able to count on getting reliable, high-quality needles to take care of their patients. However, these limitations might have an effect on the market for acupuncture needles.

One big challenge for acupuncture needles is all the regulations and standards. Think of it like thiscompanies making and selling these needles have to follow rules and meet quality checks from different places and countries.

This can really bump up the price of making needles and make it hard for new companies to get started, which changes how the whole market works.

Also, while acupuncture is generally safe when done right – by trained folks using sterile needles – there's always a risk of bad stuff happening. That's why it's super important to have proper training, keep things clean, and make sure patients are a good fit for the treatment.

Some people may be reluctant due to safety worries and possible negative outcomes, which might have an impact on demand for acupuncture services and, consequently, acupuncture needles. Nevertheless, there are expansion prospects in the market for acupuncture needles. There is a chance to increase market penetration as acupuncture continues to acquire acceptance and acknowledgment in mainstream medicine. Additionally, acupuncture needle quality, safety, and user experience may be enhanced by technical breakthroughs and innovation in needle design and manufacturing methods, which can boost market growth and draw in new practitioners and patients.

Global Acupuncture Needles Market Segmentation Analysis

The Global Acupuncture Needles Market is Segmented on the basis of Type, Material Type, Application Type, And Geography.

Acupuncture Needles Market, By Type

• Disposable
• Non-disposable

Based on Type, the market is Disposable And Non-disposable. Disposable segment holds a significant market share in the 2022. Over the projection period, it is expected to see the quickest increase. The low danger of disease transmission from patient to patient and the product’s inexpensive cost are two of the many benefits that are contributing to the segment’s growth. In addition, owing to accessibility and safety concerns, the majority of healthcare specialists advise using disposable items.

Thus, during the course of the projection year, significant segment expansion is predicted. Over the course of the forecast period, the non-disposable Acupuncture Needles Market is predicted to expand at a modest rate. One of the main negatives of this product’s material rate is the significant potential of disease transfer from patient to patient via non-disposable needles.

Acupuncture Needles Market, By Material Type

• Stainless-steel
• Gold
• Silver
• Plastic
• Copper

When we look at the market by Material Type, we see categories like Stainless-steel, Gold, Silver, Plastic, and Copper. Stainless-steel acupuncture needles are super popular because they're easy to find and don't cost a fortune. Plus, most of the big needle companies out there mainly offer stainless steel versions worldwide. Now, silver needles are interesting. We're expecting them to grow at a decent pace, especially since they're great for warm acupuncture because they're excellent at conducting heat. They also seem to give patients a little extra relief, and maybe even faster results, than other materials. Because of all this, more and more patients are asking for silver needles, which is helping that part of the market grow.

Acupuncture Needles Market, By Application Type

• Hospitals
• Clinics

Based on Application Type, the market is segmented in Hospitals, Clinics. Hospitals segment dominated the Acupuncture Needles Market with the highest market share in 2022.The primary drivers of sector expansion are the rising incidences of venous leg ulcers and diabetic foot ulcers. Additionally, the segment’s expansion is being fueled by an increase in surgical wound cases brought on by the growing number of operations. Such factors may promote sector expansion during the projection period as acupuncture therapy aids in lessening the pain brought on by SSI wounds.

Over the projected period, the clinic segment is predicted to develop at a significant rate. The primary drivers of the category growth throughout the projection period are the rising number of clinics and surgical operations. Moreover, one of the main drivers propelling the industry is the rise in surgical wound situations.

Acupuncture Needles Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of The World

On the basis of Geography, the Global Acupuncture Needles Market is classified into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Asia Pacific region accounted for the highest market share in the Acupuncture Needles Market in the year 2022. Over the projected period, the region is anticipated to see the fastest growth rate of 8.4%. It is projected that the presence of growing nations like China, India, and Japan would accelerate market expansion in the area.

Acupuncture is a popular traditional Chinese medicine option in both China and Japan. Also contributing to the rise in demand for acupuncture treatments in this region is the fast-expanding medical tourism business in these nations. The market for acupuncture needles in North America is predicted to expand at a rapid rate during the forecast period. The regional market is primarily being driven by the increase of diabetes and hypertension cases in the area.

Key Players

The “Global Acupuncture Needles Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are 3B SCIENTIFIC GMBH, AcuMedic Ltd., Asia-med GmbH, SEIRIN, Dana Medical Co., Boen Healthcare Co Ltd., Suzhou Hualun Medical Appliance Co Ltd., WUXI JIAJIAN MEDICAL DEVICES CO LTD., Suzhou Zhongjing Life & Science Technology Co Ltd., Shinylink Industrial Inc.

Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

Key Developments

• In March 2020, Ora Acupuncture, a brand-new acupuncture facility, opened its doors in the United States. Customers can pay $50 to $120 for a 30- or 50-minute rapid acupuncture session from one of Ora’s five acupuncturists who have received traditional Chinese medicine training.
• In May 2020, Lipoid Kosmetik AG launched PhytoCodine , expanding its line of cutaneous messenger peptides. It is the globe’s only anti-wrinkle focus derived from organic matriline-like peptides, and it changes fibroblasts to create parts of the extracellular matrix associated with skin that appears younger.

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