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Acupuncture Trends and Forecast

The future of the global acupuncture market looks promising with opportunities in the wellness center and hospitals & specialty clinics markets. The global acupuncture market is expected to grow with a CAGR of 15.6% from 2024 to 2030. The major drivers for this market are increasing awareness towards the benefits of acupunctureÄX%$%Xs therapeutic and surge in cases of chronic pain and related ailments.
Acupuncture Trends and Forecast

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Acupuncture by Segment

Acupuncture by Segment

The study includes a forecast for the global acupuncture by product & services, application, end use, and region.

Acupuncture Market by Product & Services [Shipment Analysis by Value from 2018 to 2030]:


• Services
• Product

Acupuncture Market by Application [Shipment Analysis by Value from 2018 to 2030]:


• Pain Syndrome Illnesses
• Gynecological Disorders
• Others

Acupuncture Market by End Use [Shipment Analysis by Value from 2018 to 2030]:


• Wellness Center
• Hospitals & Specialty Clinics
• Others

Acupuncture Market by Region [Shipment Analysis by Value from 2018 to 2030]:


• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Acupuncture Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies acupuncture companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the acupuncture companies profiled in this report include-
• Wuxi Jiajian Medical Instruments
• Zepter
• Acumedic
• 3B Scientific

Acupuncture Market Insights

Lucintel forecasts that pain syndrome illnesses will remain the larger segment over the forecast period due to widespread prevalence and high demand for non-pharmacological pain management solutions.
Within this market, hospitals & specialty clinics will remain the largest segment due to increasing specialized clinics, especially in developing countries, outfitted with advanced technology and equipment.
Europe will remain the largest region over the forecast period due to growing number of clinical centers, patient care services, and presence of well-equipped healthcare infrastructure in the region.

Features of the Global Acupuncture Market

Market Size Estimates: Acupuncture market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Acupuncture market size by product & services, application, end use, and region in terms of value ($B).
Regional Analysis: Acupuncture market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product & services, applications, end uses, and regions for the acupuncture market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the acupuncture market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the growth forecast for acupuncture market?
Answer: The global acupuncture market is expected to grow with a CAGR of 15.6% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the acupuncture market?
Answer: The major drivers for this market are increasing awareness towards the benefits of acupunctureÄX%$%Xs therapeutic and surge in cases of chronic pain and related ailments.
Q3. What are the major segments for acupuncture market?
Answer: The future of the acupuncture market looks promising with opportunities in the wellness center and hospitals & specialty clinics markets.
Q4. Who are the key acupuncture market companies?
Answer: Some of the key acupuncture companies are as follows:
• Wuxi Jiajian Medical Instruments
• Zepter
• Acumedic
• 3B Scientific
Q5. Which acupuncture market segment will be the largest in future?
Answer: Lucintel forecasts that pain syndrome illnesses will remain the larger segment over the forecast period due to widespread prevalence and high demand for non-pharmacological pain management solutions.
Q6. In acupuncture market, which region is expected to be the largest in next 5 years?
Answer: Europe will remain the largest region over the forecast period due to growing number of clinical centers, patient care services, and presence of well-equipped healthcare infrastructure in the region.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the acupuncture market by product & services (services and product), application (pain syndrome illnesses, gynecological disorders, and others), end use (wellness center, hospitals & specialty clinics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

For any questions related to Acupuncture Market, Acupuncture Market Size, Acupuncture Market Growth, Acupuncture Market Analysis, Acupuncture Market Report, Acupuncture Market Share, Acupuncture Market Trends, Acupuncture Market Forecast, Acupuncture Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents

1. Executive Summary
2. Global Acupuncture Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges 
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Acupuncture Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Acupuncture Market by Product & Services
3.3.1: Services
3.3.2: Product
3.4: Global Acupuncture Market by Application
3.4.1: Pain Syndrome Illnesses
3.4.2: Gynecological Disorders
3.4.3: Others
3.5: Global Acupuncture Market by End Use
3.5.1: Wellness Center
3.5.2: Hospitals & Specialty Clinics
3.5.3: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Acupuncture Market by Region
4.2: North American Acupuncture Market
4.2.1: North American Acupuncture Market by Application: Pain Syndrome Illnesses, Gynecological Disorders, and Others
4.2.2: North American Acupuncture Market by End Use: Wellness Center, Hospitals & Specialty Clinics, and Others
4.3: European Acupuncture Market
4.3.1: European Acupuncture Market by Application: Pain Syndrome Illnesses, Gynecological Disorders, and Others
4.3.2: European Acupuncture Market by End Use: Wellness Center, Hospitals & Specialty Clinics, and Others
4.4: APAC Acupuncture Market
4.4.1: APAC Acupuncture Market by Application: Pain Syndrome Illnesses, Gynecological Disorders, and Others
4.4.2: APAC Acupuncture Market by End Use: Wellness Center, Hospitals & Specialty Clinics, and Others
4.5: ROW Acupuncture Market
4.5.1: ROW Acupuncture Market by Application: Pain Syndrome Illnesses, Gynecological Disorders, and Others
4.5.2: ROW Acupuncture Market by End Use: Wellness Center, Hospitals & Specialty Clinics, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Acupuncture Market by Product & Services
6.1.2: Growth Opportunities for the Global Acupuncture Market by Application
6.1.3: Growth Opportunities for the Global Acupuncture Market by End Use
6.1.4: Growth Opportunities for the Global Acupuncture Market by Region
6.2: Emerging Trends in the Global Acupuncture Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Acupuncture Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Acupuncture Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Wuxi Jiajian Medical Instruments
7.2: Zepter
7.3: Acumedic
7.4: 3B Scientific
.

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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.