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.
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
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
- 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.
- DongBang AcuPrime
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
- Back Pain, Neck Pain, or Muscle Pain
- Headaches & Migraines
- Knee Pain
- Menstrual Cramps
- Sports Injuries
- Tinplate-galvanized Iron
- Stainless Steel
- North America
- Latin America
- Middle East & Africa
TABLE OF CONTENT
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
4.1.1. Type Definition
4.1.2. Industry Evolution / Developments
4.3. Market Dynamics
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
6.4. 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
7.3.3. Tinplate-galvanized Iron
7.3.4. Stainless Steel
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
8.3.2. 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
8.4. 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
9.4. 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
10.2.3. 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
11.1.1. Key Findings
11.2. Market Value Forecast, by Type, 2017–2031
11.3. Market Value Forecast, by Material, 2017–2031
11.3.3. Tinplate-galvanized Iron
11.3.4. Stainless Steel
11.4. Market Value Forecast, by Application, 2017–2031
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
11.5. Market Value Forecast, by End-user, 2017–2031
11.6. Market Value Forecast, by Country, 2017–2031
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
12.1.1. Key Findings
12.2. Market Value Forecast, by Type, 2017–2031
12.3. Market Value Forecast, by Material, 2017–2031
12.3.3. Tinplate-galvanized Iron
12.3.4. Stainless Steel
12.4. Market Value Forecast, by Application, 2017–2031
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
12.5. Market Value Forecast, by End-user, 2017–2031
12.6. Market Value Forecast, by Country/Sub-region, 2017–2031
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
13.1.1. Key Findings
13.2. Market Value Forecast, by Type, 2017–2031
13.3. Market Value Forecast, by Material, 2017–2031
13.3.3. Tinplate-galvanized Iron
13.3.4. Stainless Steel
13.4. Market Value Forecast, by Application, 2017–2031
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
13.5. Market Value Forecast, by End-user, 2017–2031
13.6. Market Value Forecast, by Country/Sub-region, 2017–2031
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
14.1.1. Key Findings
14.2. Market Value Forecast, by Type, 2017–2031
14.3. Market Value Forecast, by Material, 2017–2031
14.3.3. Tinplate-galvanized Iron
14.3.4. Stainless Steel
14.4. Market Value Forecast, by Application, 2017–2031
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
14.5. Market Value Forecast, by End-user, 2017–2031
14.6. Market Value Forecast, by Country/Sub-region, 2017–2031
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
15.1.1. Key Findings
15.2. Market Value Forecast, by Type, 2017–2031
15.3. Market Value Forecast, by Material, 2017–2031
15.3.3. Tinplate-galvanized Iron
15.3.4. Stainless Steel
15.4. Market Value Forecast, by Application, 2017–2031
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
15.5. Market Value Forecast, by End-user, 2017–2031
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
188.8.131.52. Company Overview (HQ, Business Segments, Employee Strength)
184.108.40.206. Product Portfolio
220.127.116.11. SWOT Analysis
18.104.22.168. Strategic Overview
22.214.171.124. Company Overview (HQ, Business Segments, Employee Strength)
126.96.36.199. Product Portfolio
188.8.131.52. SWOT Analysis
184.108.40.206. Strategic Overview
16.2.3. asia-med GmbH
220.127.116.11. Company Overview (HQ, Business Segments, Employee Strength)
18.104.22.168. Product Portfolio
22.214.171.124. SWOT Analysis
126.96.36.199. Strategic Overview
16.2.4. Dana Medical Co., Ltd.
188.8.131.52. Company Overview (HQ, Business Segments, Employee Strength)
184.108.40.206. Product Portfolio
220.127.116.11. SWOT Analysis
18.104.22.168. Strategic Overview
16.2.5. Boen Healthcare Co., Ltd.
22.214.171.124. Company Overview (HQ, Business Segments, Employee Strength)
126.96.36.199. Product Portfolio
188.8.131.52. SWOT Analysis
184.108.40.206. Strategic Overview
16.2.6. Suzhou Hualun Medical Appliance Co., Ltd.
220.127.116.11. Company Overview (HQ, Business Segments, Employee Strength)
18.104.22.168. Product Portfolio
22.214.171.124. SWOT Analysis
126.96.36.199. Strategic Overview
16.2.7. Wuxi Jiajian Medical Devices Co., Ltd.
188.8.131.52. Company Overview (HQ, Business Segments, Employee Strength)
184.108.40.206. Product Portfolio
220.127.116.11. SWOT Analysis
18.104.22.168. Strategic Overview
16.2.8. Suzhou Zhongjing Life & Science Technology Co., Ltd.
22.214.171.124. Company Overview (HQ, Business Segments, Employee Strength)
126.96.36.199. Product Portfolio
188.8.131.52. SWOT Analysis
184.108.40.206. Strategic Overview
16.2.9. Shinylink (Shanghai) Industrial, Inc.
220.127.116.11. Company Overview (HQ, Business Segments, Employee Strength)
18.104.22.168. Product Portfolio
22.214.171.124. SWOT Analysis
126.96.36.199. Strategic Overview
16.2.10. Changchun Aikang Medical Devices Co., Ltd.
188.8.131.52. Company Overview (HQ, Business Segments, Employee Strength)
184.108.40.206. Product Portfolio
220.127.116.11. SWOT Analysis
18.104.22.168. Strategic Overview
22.214.171.124. Company Overview (HQ, Business Segments, Employee Strength)
126.96.36.199. Product Portfolio
188.8.131.52. SWOT Analysis
184.108.40.206. Strategic Overview
16.2.12. DongBang AcuPrime
220.127.116.11. Company Overview (HQ, Business Segments, Employee Strength)
18.104.22.168. Product Portfolio
22.214.171.124. SWOT Analysis
126.96.36.199. Strategic Overview
188.8.131.52. Company Overview (HQ, Business Segments, Employee Strength)
184.108.40.206. Product Portfolio
220.127.116.11. SWOT Analysis
18.104.22.168. Strategic Overview
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