The Acupuncture Market is estimated to value over USD 203 million by 2028 end with a CAGR of over 7% during the forecast period 2022 to 2028.
Acupuncture is an ancient Chinese medical technique that uses needles to relieve pain and treat other ailments. The needle is inserted into a specific point on the patient’s skin because the experts in the technique claim that it aligns the body’s energy along the healing direction. Westerners and critics of the technique believe that pain relief can be relieved because it stimulates nerves at specific points in the body to release specific ingredients that neutralize the pain.
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Market Segments
By Service Type
- Needle Acupuncture
- Electroacupuncture
- Auricular Acupuncture
- Moxibustion
- Cupping
- Others
By Application
- Musculoskeletal Conditions
- Fatigue and CNS Conditions
- Respiratory Conditions
- Digestive Conditions
Key Players
Some of the major market players associated are Seirin Corporation, Empecs Medical Co. Ltd., Suzhou Tianxie Acupuncture Instruments Co. Ltd., AcuMedic Ltd., Qingdao Great Fortune Co. Ltd., AcuSupply Inc., 3B Scientific GmbH, Lhasa OMS Inc., Asia Med GMbH, Cogmedix Inc.
Scope of the Report
The research study analyzes the global Acupuncture industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Acupuncture Market Report
1. What was the Acupuncture Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Acupuncture Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Acupuncture Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Acupuncture market.
- The market share of the global Acupuncture market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Acupuncture market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Acupuncture market.
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