- Acupuncture needle treatment
- Disposable Needles
- Reusable Needles
- Acupuncture laser treatment
- Yttrium Aluminum Garnet (YAG) Laser
- Semiconductor Source
- Helium Neon Light Source
- Carbon Source
- Others
Acupuncture Market size was valued at USD 187 million by 2022 and is poised to grow at a CAGR of 8.3% from 2023 to 2029. 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.
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Increase in the prevalence of chronic pain disorders, headache and hormonal imbalances is a key factor drive the global acupuncture market. According to World Health Organization 2018, chronic pain affects approximately 20% of people worldwide. Moreover, the newer methods of treatment, wide range of applications and advantages of acupuncture are anticipated to propel the global acupuncture market over the forecast years.
The acupuncture market size was valued at USD 187 million in 2022
The acupuncture market key players are: Schwa-medico GmbH, Wuxi Jiajian Medical Instruments Co., Ltd, 3B Scientific GmbH, Zepter International, SEIRIN Corporation, Cymedics GmbH & Co. KG, Asia-med GmbH, MKW Laser system GmbH, Qingdao Great Fortune Co., Ltd.,
The acupuncture market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.