Global Acupuncture Needles Market Research Report 2022

Acupuncture Needles has its origin from China. It involves the insertions of thin needles into certain locations of the human body. These locations are generally termed as acupuncture points and form the main focus of the acupuncture treatment. The procedure may also involve the application of pressure, heat or laser light at the acupuncture points.
Due to the COVID-19 pandemic, the global Acupuncture Needles market size is estimated to be worth US$ 125 million in 2021 and is forecast to a readjusted size of US$ 200.5 million by 2028 with a CAGR of 6.9% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Acupuncture Needles market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Acupuncture Needles landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
Global Acupuncture Needles key players include Suzhou Medical, SEIRIN, Empecs, Dongbang, Suzhou Acupuncture, etc. Global top five manufacturers hold a share over 65%.
China is the largest market, with a share over 60%, followed by Europe and Japan, both have a share about 20%.
In terms of product, Disposable Needle is the largest segment, with a share over 90%. And in terms of application, the largest application is Hospitals, followed by Clinics, etc.
This report focuses on Acupuncture Needles volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Acupuncture Needles market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China, Japan and South Korea, etc.
Global Acupuncture Needles Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Disposable Needle
Non-Disposable Needle
Segment by Application
Hospitals
Clinics
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
Suzhou Medical
SEIRIN
Empecs
Dongbang
Suzhou Acupuncture
Wuxi Jiajian
Asiamed
Cloud & Dragon
AIK Medical

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