Acupuncture Market Size, Share, Growth, Trends, and Global Industry Analysis: By Treatment Type (Acupuncture needle treatment, Acupuncture laser treatment), By Application (Relaxation, Insomnia, Pain Management, Skin and Hair Care, Scar Management, Cold and Cough, and Others), By end user (Hospitals, Wellness Centres, Specialty Clinics, Others) and Region    

Acupuncture Market size was valued at US$ 293 million by 2023 and is poised to grow at a CAGR of 8.3% from 2024 to 2030. The increase in prevalence of chronic pain, fatigue, infertility, digestive system disorders, headache and hormonal imbalances and others. Moreover, increase in demand, wide range of applications with the therapy, and rise in centers for acupuncture treatment are the major factors that are driving the growth of the global acupuncture market over the forecast timeframe. Acupuncture is an ancient Chinese medical method that involves the insertion of needles into the body to relieve pain and treat a variety of diseases. The needles are implanted at certain spots in the patient's skin, according to experts who claim that this aligns the body's energies in a therapeutic path. Pain relief is ascribed to the stimulation of nerves at certain locations in the body, which causes the body to release specific pain-neutralizing components, according to Western proponents and detractors of this treatment.

A growing senior population, fast changing lifestyles, and a wide range of acupuncture advantages such as stress and anxiety reduction, weight loss, sciatica, nasal congestion, migraine, nausea, insomnia, migraines, back and neck pain, arthritis, and others are all driving the industry forward. Acupuncture has been shown to be effective in treating gynaecological illnesses such as menopause, PCOS, PMS, and infertility, and with the increased frequency of chronic ­disorders, the acupuncture market is predicted to rise significantly over the forecasted timeframe.