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Acupuncture Needles Market Report Forecast by Industry Outlook, Capital Investment, Opportunities and Trends 2022-2030

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Acupuncture Emerges as Effective Approach for Rehabilitation of COVID-19 Patients

Similar to other therapeutic treatments, acupuncture holds potential in the prevention, treatment, and rehabilitation of COVID-19 patients & relieve the symptoms caused by COVID-19. This is evident since acupuncture is part of Traditional Chinese Medicine (TCM) that has been widely adopted to treat respiratory diseases. Such findings are translating into revenue opportunities for companies in the acupuncture needles market.

Manufacturers in the acupuncture needles market are tapping into incremental opportunities in China and East Asia where this therapy has been widely adopted by healthcare facilities. Since acupuncture has been proved as an effective therapeutic approach for chronic obstructive pulmonary disease (COPD) and associated breathlessness, manufacturers are ensuring steady supply of acupuncture needles for the treatment of COVID-19 patients.

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Can Acupuncture Lead to Adverse Effects in Individuals?

The pros and cons of acupuncture are influencing market growth. Although acupuncture often leaves people feeling energized, there is a possibility of infection through needles. This increases the risk of transmitting germs that might leave an individual with an infection. Hence, manufacturers in the acupuncture needles market are working closely with healthcare professionals to increase awareness about sterilization of needles before delivering the therapy to individuals.

It has been found that acupuncture is associated with fewer side effects in individuals. This explains why the acupuncture needles market is projected to and reach US$ 200 Mn by 2031.

OA Patients Seek Help of Trained Practitioners to Gain Benefits from Acupuncture

The acupuncture needles market is predicted to expand at a modest CAGR of 5% during the forecast period. Manufacturers are boosting their production capacities in single-use and sterile acupuncture needles. The high prevalence of osteoarthritis (OA), rheumatoid arthritis, and fibromyalgia is acting as a key driver for the growth of the acupuncture needles market. However, acupuncture is associated with little to no effects in reducing pain in arthritis patients. Hence, acupuncture is being combined with other treatment modalities to improve the patient quality of life.

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OA patients are seeking the help of trained and experienced practitioners to gain the benefits of acupuncture. The National Certification Commission for Acupuncture and Oriental Medicine website is gaining popularity for seeking credible acupuncturists.

Real Acupuncture Gains Popularity with Traditional Asian Theories of Meridians

In order to boost market growth, stakeholders and medical practitioners need to increase awareness about the difference between real acupuncture and sham acupuncture. Real acupuncture is helping to improve patient outcomes for individuals suffering from migraine, since in this approach the needles are inserted according to the traditional Asian theories of the meridians. Whereas, sham acupuncture, on the other hand, involves the insertion of needles without following the rules of those theories, generally considered as the placebo effect.

Manufacturers in the acupuncture needles market are boosting their production capabilities, since acupuncture is found to improve migraines in individuals.

Acupuncture Helps Relieve Period Pain

Acupuncture is becoming known for relieving menstrual cramps, which is also known as period pain. Obstetrics and gynecology experts in Australia reveal that acupuncture can drastically reduce menstrual pain and duration in women who have undergone the traditional Chinese medicine procedure over three menstrual cycles. It has been found that acupuncture may help with relieving menstrual pain more effectively than taking NSAIDs (non-steroidal anti-inflammatory drugs). Such findings are generating revenue opportunities for stakeholders in the acupuncture needles market.

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The beneficial effects of acupuncture can last up to one year, regardless of timing and technique used such as manually or through electro-acupuncture. Manual acupuncture also relieves secondary symptoms of menstrual cramps such as headache and nausea. Such insights are encouraging manufacturers in the acupuncture needles market to bolster their output capacities. One of the best reasons for undergoing acupuncture for menstrual cramp relief is the absence of unwanted side effects that generally arise from other treatments.

Analysts’ Viewpoint

It has been found that acupuncture has the potential to relieve breathlessness in COVID-19 patients. Even though patients offer anecdotal evidence that acupuncture has improved the condition of osteoarthritis patients, acupuncture offers only minimal pain and stiffness relief for osteoarthritis. Hence, stakeholders in the acupuncture needles market are increasing awareness about the combination of acupuncture with other treatment modalities to improve medical outcomes in osteoarthritis and rheumatoid arthritis patients. The awareness about real acupuncture and sham acupuncture has led to the demand for diplomats of acupuncture with minimum four years of academic training at the master’s level.

Acupuncture Needles Market: Overview

The global acupuncture needles market is projected to be driven by rise in prevalence of chronic diseases such as cancer in developed and developing countries

According to the Arthritis Foundation, arthritis is the leading cause of disability in the U.S. Around 54 million individuals suffer from arthritis, and the number is expected to reach 78 million by 2040.

Acupuncture is beneficial in managing pain caused by chemotherapy. Increase in incidence of cancer drives the demand for chemotherapy procedures. This, in turn, contributes to the growth of the global acupuncture needles market.

Preference for traditional treatment techniques is a rising trend among patients. Acupuncture therapy has no severe side effects, which fuels the demand for acupuncture therapy. This increases the demand for acupuncture needles among practitioners.

Acupuncture needles are regulated by the U.S. Food and Drug Administration (FDA) under good manufacturing practices and single-use standards of sterility. Hence, evolving regulatory scenario is anticipated to propel the global acupuncture needles market during the forecast period.

Acupuncture Needles: Market Drivers

Rise in prevalence of chronic diseases increases the number of surgeries performed. Most surgical wounds are relatively large, deep, and painful. In such cases, acupuncture provides effective relief to patients both physically and mentally. It also helps to overcome post-surgical trauma, which increases the demand for this procedure globally. Hence, rise in number of surgeries is anticipated to increase the demand for acupuncture procedures, which propels the global acupuncture needles market.

According to the CDC, 32% of all live births in the U.S. were cesarean deliveries. Cesarean section is a highly common procedure performed in the European Union (EU). In 2018, this procedure was performed 1.16 million times in the EU.

Increase in the number of injury cases is also a key factor boosting the demand for surgical kits. Road accidents have increased considerably. An alarming number of traumatic brain injury cases have been reported in countries such as Thailand, India, Australia, China, and Malaysia. According to the World Health Organization, nearly 1.35 million people die each year due to road accidents. Hence, rise in number of surgeries fuels the growth of the global acupuncture needles market.

Regional Overview: Acupuncture Needles Market

Asia Pacific is projected to be the fastest growing market for acupuncture needles during the forecast period due to improving healthcare infrastructure. Rise in number of acupuncture therapy centers is likely to fuel the growth of the acupuncture needles market in Asia Pacific.

The current and expected market revenue (US$ Mn) of these regional markets and their major countries have been provided in the report from 2021 to 2031, with their CAGRs from 2021 to 2031

The study also offers a list of recommendations, highlights, and useful insights of the global acupuncture needles market, which would help new companies willing to enter the market and existing companies to increase market shares and in the decision-making process

Major Players

The acupuncture needles market report concludes with the company profiles section, which includes key information about major players in the global acupuncture needles market

Leading players analyzed in the report include

  • 3B Scientific
  • AcuMedic
  • asia-med GmbH
  • Dana Medical Co., Ltd.
  • Boen Healthcare Co., Ltd.
  • Suzhou Hualun Medical Appliance Co., Ltd.
  • Wuxi Jiajian Medical Devices Co., Ltd.
  • Suzhou Zhongjing Life & Science Technology Co., Ltd.
  • Shinylink (Shanghai) Industrial, Inc.
  • Changchun Aikang Medical Devices Co., Ltd.
  • MeyerDC
  • DongBang AcuPrime
  • others

Each of these players has been profiled in the acupuncture needles market report based on parameters such as company overview, financial overview, business strategies, application portfolio, business segments, and recent developments

Key Questions Answered in Acupuncture Needles Market Report

  • What is the sales/revenue generated by acupuncture needles across all regions during the forecast period?
  • What are the opportunities in the global acupuncture needles market?
  • What are the major drivers, restraints, opportunities, and threats in the market?
  • Which regional market is set to expand at the fastest CAGR during the forecast period?
  • Which type segment is expected to generate the highest revenue globally in 2031?
  • Which segment is projected to expand at the highest CAGR during the forecast period?
  • What are the market positions of different companies operating in the global market?

Acupuncture Needles Market – Segmentation

Application

  • Arthritis
  • Back Pain, Neck Pain, or Muscle Pain
  • Headaches & Migraines
  • Knee Pain
  • Menstrual Cramps
  • Sports Injuries
  • Others

Material

  • Silver
  • Copper
  • Tinplate-galvanized Iron
  • Stainless Steel
  • Others

Type

  • Disposable
  • Reusable
  • End-user
  • Hospital
  • Clinics
  • Others

Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa

TABLE OF CONTENT

1. Preface

1.1. Market Definition and Scope

1.2. Market Segmentation

1.3. Key Research Objectives

1.4. Research Highlights

2. Assumptions and Research Methodology

3. Executive Summary: Global Acupuncture Needles Market

4. Market Overview

4.1. Introduction

4.1.1. Type Definition

4.1.2. Industry Evolution / Developments

4.2. Overview

4.3. Market Dynamics

4.3.1. Drivers

4.3.2. Restraints

4.3.3. Opportunities

4.4. Global Acupuncture Needles Market Analysis and Forecast, 2017–2031

5. Key Insights

5.1. Technological Advancements

5.2. Acupuncture Techniques

5.3. Benefits of Acupuncture Techniques

5.4. List of Acupuncture needles Distributors & Suppliers

5.5. Acupuncture pricing Analysis

5.6. COVID-19 Pandemics Impact on Industry (value chain and short / mid / long term impact)

6. Global Acupuncture Needles Market Analysis and Forecast, by Type

6.1. Introduction & Definition

6.2. Key Findings / Developments

6.3. Market Value Forecast, by Type, 2017–2031

6.3.1. Disposable

6.3.2. Reusable

6.4. Market Attractiveness Analysis, by Type

7. Global Acupuncture Needles Market Analysis and Forecast, by Material

7.1. Introduction & Definition

7.2. Key Findings / Developments

7.3. Market Value Forecast, by Material, 2017–2031

7.3.1. Silver

7.3.2. Copper

7.3.3. Tinplate-galvanized Iron

7.3.4. Stainless Steel

7.3.5. Others

7.4. Market Attractiveness Analysis, by Material

8. Global Acupuncture Needles Market Analysis and Forecast, by Application

8.1. Introduction & Definition

8.2. Key Findings / Developments

8.3. Market Value Forecast, by Application, 2017–2031

8.3.1. Arthritis

8.3.2. Back Pain, Neck Pain, or Muscle Pain

8.3.3. Headaches & Migraines

8.3.4. Knee Pain

8.3.5. Menstrual Cramps

8.3.6. Sports Injuries

8.3.7. Others

8.4. Market Attractiveness Analysis, by Application

9. Global Acupuncture Needles Market Analysis and Forecast, by End-user

9.1. Introduction & Definition

9.2. Key Findings / Developments

9.3. Market Value Forecast, by End-user, 2017–2031

9.3.1. Hospital

9.3.2. Clinics

9.3.3. Others

9.4. Market Attractiveness Analysis, by End-user

10. Global Acupuncture Needles Market Analysis and Forecast, by Region

10.1. Key Findings

10.2. Market Value Forecast, by Region

10.2.1. North America

10.2.2. Europe

10.2.3. Asia Pacific

10.2.4. Latin America

10.2.5. Middle East & Africa

10.3. Market Attractiveness Analysis, by Country/Region

11. North America Acupuncture Needles Market Analysis and Forecast

11.1. Introduction

11.1.1. Key Findings

11.2. Market Value Forecast, by Type, 2017–2031

11.2.1. Disposable

11.2.2. Reusable

11.3. Market Value Forecast, by Material, 2017–2031

11.3.1. Silver

11.3.2. Copper

11.3.3. Tinplate-galvanized Iron

11.3.4. Stainless Steel

11.3.5. Others

11.4. Market Value Forecast, by Application, 2017–2031

11.4.1. Arthritis

11.4.2. Back Pain, Neck Pain, or Muscle Pain

11.4.3. Headaches & Migraines

11.4.4. Knee Pain

11.4.5. Menstrual Cramps

11.4.6. Sports Injuries

11.4.7. Others

11.5. Market Value Forecast, by End-user, 2017–2031

11.5.1. Hospital

11.5.2. Clinics

11.5.3. Others

11.6. Market Value Forecast, by Country, 2017–2031

11.6.1. U.S.

11.6.2. Canada

11.7. Market Attractiveness Analysis

11.7.1. By Type

11.7.2. By Material

11.7.3. By Application

11.7.4. By End-user

11.7.5. By Country

12. Europe Acupuncture Needles Market Analysis and Forecast

12.1. Introduction

12.1.1. Key Findings

12.2. Market Value Forecast, by Type, 2017–2031

12.2.1. Disposable

12.2.2. Reusable

12.3. Market Value Forecast, by Material, 2017–2031

12.3.1. Silver

12.3.2. Copper

12.3.3. Tinplate-galvanized Iron

12.3.4. Stainless Steel

12.3.5. Others

12.4. Market Value Forecast, by Application, 2017–2031

12.4.1. Arthritis

12.4.2. Back Pain, Neck Pain, or Muscle Pain

12.4.3. Headaches & Migraines

12.4.4. Knee Pain

12.4.5. Menstrual Cramps

12.4.6. Sports Injuries

12.4.7. Others

12.5. Market Value Forecast, by End-user, 2017–2031

12.5.1. Hospital

12.5.2. Clinics

12.5.3. Others

12.6. Market Value Forecast, by Country/Sub-region, 2017–2031

12.6.1. Germany

12.6.2. U.K.

12.6.3. France

12.6.4. Spain

12.6.5. Italy

12.6.6. Rest of Europe

12.7. Market Attractiveness Analysis

12.7.1. By Type

12.7.2. By Material

12.7.3. By Application

12.7.4. By End-user

12.7.5. By Country/Sub-region

13. Asia Pacific Acupuncture Needles Market Analysis and Forecast

13.1. Introduction

13.1.1. Key Findings

13.2. Market Value Forecast, by Type, 2017–2031

13.2.1. Disposable

13.2.2. Reusable

13.3. Market Value Forecast, by Material, 2017–2031

13.3.1. Silver

13.3.2. Copper

13.3.3. Tinplate-galvanized Iron

13.3.4. Stainless Steel

13.3.5. Others

13.4. Market Value Forecast, by Application, 2017–2031

13.4.1. Arthritis

13.4.2. Back Pain, Neck Pain, or Muscle Pain

13.4.3. Headaches & Migraines

13.4.4. Knee Pain

13.4.5. Menstrual Cramps

13.4.6. Sports Injuries

13.4.7. Others

13.5. Market Value Forecast, by End-user, 2017–2031

13.5.1. Hospital

13.5.2. Clinics

13.5.3. Others

13.6. Market Value Forecast, by Country/Sub-region, 2017–2031

13.6.1. China

13.6.2. Japan

13.6.3. India

13.6.4. Australia & New Zealand

13.6.5. Rest of Asia Pacific

13.7. Market Attractiveness Analysis

13.7.1. By Type

13.7.2. By Material

13.7.3. By Application

13.7.4. By End-user

13.7.5. By Country/Sub-region

14. Latin America Acupuncture Needles Market Analysis and Forecast

14.1. Introduction

14.1.1. Key Findings

14.2. Market Value Forecast, by Type, 2017–2031

14.2.1. Disposable

14.2.2. Reusable

14.3. Market Value Forecast, by Material, 2017–2031

14.3.1. Silver

14.3.2. Copper

14.3.3. Tinplate-galvanized Iron

14.3.4. Stainless Steel

14.3.5. Others

14.4. Market Value Forecast, by Application, 2017–2031

14.4.1. Arthritis

14.4.2. Back Pain, Neck Pain, or Muscle Pain

14.4.3. Headaches & Migraines

14.4.4. Knee Pain

14.4.5. Menstrual Cramps

14.4.6. Sports Injuries

14.4.7. Others

14.5. Market Value Forecast, by End-user, 2017–2031

14.5.1. Hospital

14.5.2. Clinics

14.5.3. Others

14.6. Market Value Forecast, by Country/Sub-region, 2017–2031

14.6.1. Brazil

14.6.2. Mexico

14.6.3. Rest of Latin America

14.7. Market Attractiveness Analysis

14.7.1. By Type

14.7.2. By Material

14.7.3. By Application

14.7.4. By End-user

14.7.5. By Country/Sub-region

15. Middle East & Africa Acupuncture Needles Market Analysis and Forecast

15.1. Introduction

15.1.1. Key Findings

15.2. Market Value Forecast, by Type, 2017–2031

15.2.1. Disposable

15.2.2. Reusable

15.3. Market Value Forecast, by Material, 2017–2031

15.3.1. Silver

15.3.2. Copper

15.3.3. Tinplate-galvanized Iron

15.3.4. Stainless Steel

15.3.5. Others

15.4. Market Value Forecast, by Application, 2017–2031

15.4.1. Arthritis

15.4.2. Back Pain, Neck Pain, or Muscle Pain

15.4.3. Headaches & Migraines

15.4.4. Knee Pain

15.4.5. Menstrual Cramps

15.4.6. Sports Injuries

15.4.7. Others

15.5. Market Value Forecast, by End-user, 2017–2031

15.5.1. Hospital

15.5.2. Clinics

15.5.3. Others

15.6. Market Value Forecast, by Country/Sub-region, 2017–2031

15.6.1. GCC Countries

15.6.2. South Africa

15.6.3. Rest of Middle East & Africa

15.7. Market Attractiveness Analysis

15.7.1. By Type

15.7.2. By Material

15.7.3. By Application

15.7.4. By End-user

15.7.5. By Country/Sub-region

16. Competition Landscape

16.1. Market Share Analysis, by Company, 2020

16.2. Company Profiles

16.2.1. 3B Scientific

16.2.1.1. Company Overview (HQ, Business Segments, Employee Strength)

16.2.1.2. Product Portfolio

16.2.1.3. SWOT Analysis

16.2.1.4. Strategic Overview

16.2.2. AcuMedic

16.2.2.1. Company Overview (HQ, Business Segments, Employee Strength)

16.2.2.2. Product Portfolio

16.2.2.3. SWOT Analysis

16.2.2.4. Strategic Overview

16.2.3. asia-med GmbH

16.2.3.1. Company Overview (HQ, Business Segments, Employee Strength)

16.2.3.2. Product Portfolio

16.2.3.3. SWOT Analysis

16.2.3.4. Strategic Overview

16.2.4. Dana Medical Co., Ltd.

16.2.4.1. Company Overview (HQ, Business Segments, Employee Strength)

16.2.4.2. Product Portfolio

16.2.4.3. SWOT Analysis

16.2.4.4. Strategic Overview

16.2.5. Boen Healthcare Co., Ltd.

16.2.5.1. Company Overview (HQ, Business Segments, Employee Strength)

16.2.5.2. Product Portfolio

16.2.5.3. SWOT Analysis

16.2.5.4. Strategic Overview

16.2.6. Suzhou Hualun Medical Appliance Co., Ltd.

16.2.6.1. Company Overview (HQ, Business Segments, Employee Strength)

16.2.6.2. Product Portfolio

16.2.6.3. SWOT Analysis

16.2.6.4. Strategic Overview

16.2.7. Wuxi Jiajian Medical Devices Co., Ltd.

16.2.7.1. Company Overview (HQ, Business Segments, Employee Strength)

16.2.7.2. Product Portfolio

16.2.7.3. SWOT Analysis

16.2.7.4. Strategic Overview

16.2.8. Suzhou Zhongjing Life & Science Technology Co., Ltd.

16.2.8.1. Company Overview (HQ, Business Segments, Employee Strength)

16.2.8.2. Product Portfolio

16.2.8.3. SWOT Analysis

16.2.8.4. Strategic Overview

16.2.9. Shinylink (Shanghai) Industrial, Inc.

16.2.9.1. Company Overview (HQ, Business Segments, Employee Strength)

16.2.9.2. Product Portfolio

16.2.9.3. SWOT Analysis

16.2.9.4. Strategic Overview

16.2.10. Changchun Aikang Medical Devices Co., Ltd.

16.2.10.1. Company Overview (HQ, Business Segments, Employee Strength)

16.2.10.2. Product Portfolio

16.2.10.3. SWOT Analysis

16.2.10.4. Strategic Overview

16.2.11. MeyerDC

16.2.11.1. Company Overview (HQ, Business Segments, Employee Strength)

16.2.11.2. Product Portfolio

16.2.11.3. SWOT Analysis

16.2.11.4. Strategic Overview

16.2.12. DongBang AcuPrime

16.2.12.1. Company Overview (HQ, Business Segments, Employee Strength)

16.2.12.2. Product Portfolio

16.2.12.3. SWOT Analysis

16.2.12.4. Strategic Overview

16.2.13. Others

16.2.13.1. Company Overview (HQ, Business Segments, Employee Strength)

16.2.13.2. Product Portfolio

16.2.13.3. SWOT Analysis

16.2.13.4. Strategic Overview

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