Global Acupuncture Needles Market size will witness considerable growth over 2023-2032.
Rising preference for alternative therapies and natural remedies has propelled the popularity of acupuncture as a non-invasive and drug-free treatment option for various health conditions. Additionally, increasing awareness of acupuncture's efficacy in managing pain, stress, and chronic ailments has attracted a larger patient base.
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The growing prevalence of chronic diseases and musculoskeletal disorders has created a robust demand for acupuncture services, resulting in continuous growth and adoption of acupuncture needles. According to WHO, musculoskeletal disorders are the leading cause of disability, affecting nearly 1.71 billion people worldwide. The rising disease burden, in line with the integration of traditional Chinese medicine into mainstream healthcare systems worldwide, has further boosted the market expansion.
The overall acupuncture market share is categorized based on product, material, application, end-use, and region.
With respect to the product, the reusable acupuncture needles industry will exhibit a noticeable CAGR from 2023 to 2032. Reusable acupuncture needles are more environmentally friendly, aligning with the global push for sustainability. They offer cost-effectiveness for healthcare practitioners and patients alike, making them an economical choice. Additionally, increasing advancements in manufacturing technology have improved the quality and durability of reusable needles, further fueling their popularity in the market.
Regarding the material, the gold acupuncture needles market will record a decent valuation by 2032. The hypoallergenic properties associated with gold needles make them suitable for sensitive individuals. Gold acupuncture needles possess enhanced electrical conductivity, which is believed to improve the flow of energy during treatments. Besides, the prestige associated with gold as a valuable material also contributes to their growing demand in the acupuncture market.
Based on application, the arthritis segment could dominate the acupuncture needles market share by 2032. The proven effectiveness of acupuncture in reducing pain and inflammation associated with arthritis has garnered significant attention from patients seeking non-pharmacological alternatives. Its relatively low-risk profile and minimal side effects have further encouraged its adoption as a complementary therapy in managing arthritis symptoms.
Regionally, Europe acupuncture needles industry will garner commendable gains through 2032. A growing interest in alternative and holistic healthcare approaches has led to increased acceptance of acupuncture as a viable treatment option in Europe. Rising awareness of its effectiveness in managing various health conditions has expanded its popularity among patients and healthcare practitioners. Besides, favorable regulatory changes and the integration of traditional Chinese medicine into mainstream healthcare systems have contributed to the market growth in the region.
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Table of Contents (ToC) of the report:
Chapter 1 Methodology & Scope
1.2 Market scope & definitions
1.3 Base estimates and calculations
1.3.1 North America
1.3.3 Asia Pacific
1.3.4 Latin America
1.4 Forecast calculations
1.5 Data validation
1.6 COVID-19 impact analysis at global level
1.7 Data sources
22.214.171.124 Paid sources
126.96.36.199 Unpaid sources
Chapter 2 Executive Summary
2.1 Acupuncture needles market industry 360° synopsis, 2018 - 2032
2.1.1 Business trends
2.1.2 Regional trends
2.1.3 Product trends
2.1.4 Material trends
2.1.5 Application trends
2.1.6 End-use trends
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