Market Overview:

The global acupuncture needles market is expected to exhibit a CAGR of 8.42% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor. 

Acupuncture needles are thin metallic needles that are inserted into the patient’s skin at specific pressure points. The needles stimulate the nerves to release hormones, such as endorphins, to trigger a response from the body. They are commonly available in disposable and non-disposable variants manufactured using gold, silver and stainless steel. They aid in the treatment of body aches, paralysis and digestive, gynecological and joint-related disorders. In comparison to the injection needles, acupuncture needles are cost-effective and have rounded tips and minimal risks of cutting the tissue, bleeding, infection and pain.

The increasing prevalence of chronic diseases, such as hypertension, diabetes, obesity and other autoimmune disorders, across the globe represents one of the key factors driving the growth of the market. Furthermore, the rising acceptance of acupuncture as an effective pain management solution is also driving the market growth. Acupuncture needles provide pain relief and assist the patient in overcoming post-surgical trauma. They also cause minimal pain and discomfort and are thereby also preferred by elderly patients to treat body aches and get mental and physical relief. Additionally, various product innovations, such as the development of needles with nano-sensors for physical, chemical, and biological sensing, are acting as other growth-inducing factors. They offer improved detection sensitivity, specificity and portability. Other factors, including increasing healthcare expenditures of the consumers, along with the widespread adoption of acupuncture for the treatment of emotional disorders and substance addictions, are anticipated to drive the market further.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global acupuncture needles market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product, material and end use.

Breakup by Product:

• Disposable Needles
• Non-Disposable Needles
   

Breakup by Material:

• Stainless Steel
• Gold
• Silver
• Others
   

Breakup by End Use:

• Hospital
• Clinics
• Others
   

Breakup by Region:

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being 3B Scientific GmbH, AcuMedic Ltd., Acu-International Supplies, Inc., asia-med GmbH, Boen Healthcare Co. Ltd., Coghlin Companies Inc., Seirin Corporation, Shinylink (Shanghai) Industrial Inc., Suzhou Hualun Medical Appliance Co. Ltd., Suzhou Zhongjing Life & Science Technology Co. Ltd. and Wuxi Jiajian Medical Instrument Co. Ltd.

Report Coverage:

Key Questions Answered in This Report:

• How has the global acupuncture needles market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the global acupuncture needles market?
• What are the key regional markets?
• What is the breakup of the market based on the product?
• What is the breakup of the market based on the material?
• What is the breakup of the market based on the end use?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global acupuncture needles market and who are the key players?
• What is the degree of competition in the industry?