Acupuncture Market Synopsis

Acupuncture Market Size Was Valued at USD  44.96 Billion in 2023, and is Projected to Reach USD  199.41 Billion by 2032, Growing at a CAGR of 18.00% From 2024-2032.

Acupuncture is one of the Complementary and alternative medicine that employs the use of thin needles that are inserted into points known in the body, in a bid to unlock energy pathways that are believed to facilitate healing. It is especially prescribed for treating of different physical and psychological disorders like pain, stress, and anxiety disorders. Acupuncture works in relation to the energy or, also called qi, and focuses on the points or channels known as meridians. This technique has received appreciation and appreciation from the people in many regions of the world, and the practitioners use this technique in addition to the conventional treatments in complementary and alternative medicines.

  • Integrative and complementary medicines have gained popularity over the last numbers of years and the consumption of acupuncture has also rapidly increased. Possibly, acupuncture originates from TCM; it is referred to the procedure in which thin needles are inserted into specific points of the human organism in order to adjust the amounts of Qi necessary for the proper work and well-being of organs and tissues. AMA delicacies such as acupuncture and Asian medicine are now popular and attracting more attention due to enhanced information concerning the usefulness of acupuncture in handling many conditions such as back and neck pain, stress, and fertility difficulties. It also offers items that fall under the market for acupuncture which consists of acupuncture needles, electronic acupuncture equipment, and training equipment used in certifying acupuncturists.
  • Many factors are making the acupuncture market expand in the following ways:Firstly, with development of technology people who invested their time and money in scientific analysis of acupuncture treatments proved that this method is very effective in treating numerous illnesses and disorders , and thus has received approval from practitioners and users. Additionally, their health quality is rather poor due to a high level of chronic diseases, and, the contemporary approaches towards most of these diseases and conditions are not effective in their treatment, thus compel individuals to seek other techniques of treatment like acupuncture. Furthermore, considering the general tendencies of elevated interest in natural and integrating solutions to people’s health problems, acupuncture has gained more attention as one of the components of non-conventional medicine. This process has been boosted by the recent improvements of insurance services for local citizens in some sectors and the encouragement of government on acupuncture.
  • The other factor that has attributed to the growth of its market is the advancement in technology and enhancement in gadgets related to the acupuncture sessions. With regards to the tools involved in contemporary acupuncture such as laser acupuncture and electroacupuncture, the subjects and objects that are involved in acupuncture practices offer different degrees of precision and efficacy that can be chosen by the practitioners and patients. These innovations have, therefore, altered the time-honored manner of doing acupuncture and have ensured that people easily seek the therapy and adopt it. Moreover, patients are now more engaged about their health, especially through proper use of application in smartphone, telemedicine and many other which also improves patients’ compliance with acupuncture treatment. ^{These technologies enable practitioners to monitor the patients’ conditions and type of personality they possess, and or prescribe individualized care plans, which in essence enhance the patient satisfaction.
  • The market of acupuncture is quite broad and has the different tendency in different parts of the world concerning the culture and the legalization by the authorities. Acupuncture has already been introduced as an ancient therapy practiced in Asia-Pacific particularly in China and Japan. Today, the regional market of acupuncture is largely covered by the Asia-Pacific countries thanks to the large number of patients and acupuncturists. Still, in North America and Europe the market is gradually developing because the population becomes more aware of acupuncture as the part of the Common practice. It has also experienced support from regulation besides the insurance reimbursement policies in markets like that of United States and Germany precisely in these markets.
  • However, it is soaring in the acupuncture market as discussed below. The other difficulty is imbalance in the necessity of laws and regulations, which is essential for certification and licensing of acupuncture services in the global regions. Additionally, the rational and believable skepticism that some medical workers and patients themselves have towards this technique does not allow this method to be used more widely. However, the emerging literature and university magazine articles are helpful in fighting these challenges because they contain information on the efficacy and safety of acupuncture.
  • Concerning the future outlook, the acupuncture business has promising signs as consumers accept the modality more and more due to the increasing drift in integrative and complementary and alternative medicine. This shall also assist in extending the demand for acupuncture by other individuals as advancement in new technologies and special ways of curing sicknesses shall also be observed. When it comes to treating depression with acupuncture, it would be essential to combine traditional acupuncture with the conventional medical practice; to achieve this, coordination between TCM acupuncturist and conventional health care giver will be inevitable. In the future, there will be increased efforts to standardize rules and requirements concerning the practice of this process to guarantee that the quality of services that patients will receive is satisfactory and attempt to increase the acceptance of acupuncture among people as it is an effective form of treatment.

 

Acupuncture Market Trend Analysis

Growing Adoption of Acupuncture for Pain Management

  • Several factors are contributing to the use of acupuncture for pain management to increase in the acupuncture market, these include: improved awareness of the consumers on the complementary and alternative medicine, escalating costs of healthcare, a growing evidence base regarding the effectiveness of the therapy methodologies. As a result, patients who suffer from chronic pain arising from arthritis, migraines, and postoperative situations alike are gradually preferring acupuncture over the conventional pain medications that come with bad side effects.
  •  Also, the inclusion of acupuncture as an effective solution into the sphere of official medical treatments and the changes in insurance legislations on paying for acupuncture sessions also defined acupuncture’s acceptance. The availability of scientific research showing acupuncture efficiency in decreasing pain and enhancing the patient’s well-being has promoted the treatment’s popularity among people and doctors. This trend is further supported by favorable recommendation of acupuncture from credible health bodies as well as adaptation of acupuncture as a component of comprehensive pain management strategies. There is a continuous expansion of more clinics and acupuncturists to provide more acupuncture services as more and more people patronized this efficient and painless therapeutic form of healing.

Integration of Digital Health Solutions

  • The incorporation of digital health solutions in the acupuncture market is a major improvement or advancement in the field, where they’re able to adapt traditional processes with new inventions in technology to serve the patients better and improve on the treatments offered. Telehealthinformatics pertaining to acupuncture includes different forms of digital health solutions, tele-consultation and health monitoring, mobile health including treatment planning and self-monitoring applications, and wearable technology in the form of devices for constant monitoring of the health status. They allow acupuncturists to address more patients, engage patients in medical and preventive processes via reminders and useful information, and collect data to analyze the necessity of further therapy alterations according to individual reactivity.
  •   Also, the use of analytics, backed by Artificial Intelligence in social media sites can mined through big data to determine trends in the health industry to embrace better treatment processes thus increasing the rate of effectiveness and patient satisfaction. It also tackles concerns on accessibility because constituents do not need to attend the office frequently; they could even schedule the session to be done virtually, essential for those residing in the rural or areas with little to no nearest health facilities. Challenges and Integration Questions: Here, the regulatory factor and data management are significant concerning integrated best healthcare standards and patient’s information. In sum, digital health solutions in acupuncture do not only introduce novel approaches to enhance the traditional method but must also bring optimization, coverage, and the permanent development of integrative medicine services.

Acupuncture Market Segment Analysis:

Acupuncture Market Segmented based on Acupuncture Type, Application , and End-User.

By Acupuncher Type, Korean Acupuncture (Saam Acupuncture) segment is expected to dominate the market during the forecast period

  • The physical acupuncture market deals with a wide of methods based on the different strategies of therapy and patients’ peculiarities. Responsiveness of the Acupuncture category continues to be heavily driven by Traditional Chinese Medicine (TCM) Acupuncture, which is chronically founded on the theory of maintaining the balance of Qi flow through meridian stimulation employing thin needles. Another procedure that is characteristic of Japanese Acupuncture is light needle insertion and probing for the diagnosis and treatment. Saam Acupuncture or Korean Acupuncture is distinctive due to the application of its own set of meridians and acupuncture points with applying the elements of traditional Korean medicine. Auricular Acupuncture deals with given points on the ear used mainly in the eradication of drug dependency and treatment of pain. Electroacupuncture is an improvement of traditional acupuncture because the stimulation applied has electric current.
  •  Medical Acupuncture is a branch in which acupuncture is embraced as conventional treatment; accredited medical practitioners are often involved in the process. Dry Needling deals with musculoskeletal pain and trigger points through penetration with a needle. Laser Acupuncture uses specially designed low power lasers for stimulation of the acupoints. This is because there is increasing awareness on the complementary therapies, increasing incidence of chronic pain, and focus on non-drug treatments. Drivers influencing growth of the market include legal harmonization, patients’ education on the benefits of using the product, and research that supports effectiveness of the product. Connection with other digital health solutions as well as the incorporation of personalized medicine makes acupuncture even more appealing as a part of the worldwide health care system.

By Application , Pain Management  segment held the largest share in 2023

  • The target market for acupuncture services is vast and progressing oward further growth because of versatility in relation to its use in numerous health complications. Thus, in the management of pain, acupuncture can be of great benefits especially for those patients who are relieved from drug-induced pain relief. Gynecological disorder is another area of focus of acupuncture; it stabilizes irregular menstrual cycles and provides relief from other menopausal complications or conditions such as infertility. In cases of psychological illnesses, acupuncture works well with standard practices by relaxing the nervous system hence decreasing anxiety, stress, and depression. Ibs and gastro esophageal reflux disease (GERD) are managed by the acupuncture’s impact on gut motility and decreased inflammation.
  •   Other illnesses that affect the respiratory system such as asthma and allergies can also be effectively treated by acupuncture since it has the capacity of making the respiratory system strong eliminating allergic reactions. Migraines, stroke rehabilitation, neuropathy, and other neurological disorders can all be relieved due to the use of acupuncture that has protective neurological properties. Apart from these categories, acupuncture can be used in other fields including dermatology carbohydrates, cardiovascular disease and oncology and this cements its place in the integrative medicine field. Given the increasing findings associated with acupuncture’s effectiveness and safety, the market for acupuncture services is expected to grow as the usage advances and patient interest in complementary and alternative medicine increases.

Acupuncture Market  Regional Insights:

Asia Pacific  is Expected to Dominate the Market Over the Forecast period

  •  The Asia Pacific dominant market will further push the acupuncture market demand during the forecast period for several reasons. Firstly, acupuncture is based on the concept of TCM that originated in China and widely applied in the countries of South East Asia, thus the region is highly relevant and experienced in it. Shanghai, Japan, and other Asian nations are the native places of acupuncture, so they accept it and even embed it in their healthcare systems. To add to this, growing popularity and usage of complementary and alternative medicine (CAM) in Asia Pacific region fuel the market rapidly.
  •  Presence of large number of populations, increasing awareness, and acceptance towards acupuncture for treatment of chronic diseases like pain relieve, stress relief and neurological disorders are some of the factors that drive the market. Particularly, it addresses government programs aimed at the organizational inclusion of acupuncture in the state healthcare services and reimbursement practices. Moreover, the continuously developed acupuncture application as electro-acupuncture and laser acupuncture, together with the availability of competent practitioner and appropriate legislation environment, all contribute great to the development of Asia Pacific market.

Active Key Players in the Acupuncture Market 

  • Wuxi Jiajian Medical Instruments Co. (China)
  • Zepter International (Switzerland)
  • Acumedic Limited (United Kingdom)
  • 3B Scientific GmbH (Germany)
  • Asia-Med Gmbh (Germany)
  • Schwa-medico GmbH (Germany)
  • Qingdao Great Fortune Co. Ltd (China)
  • SIRIN Corporation (Israel)
  • MKW Laser System GmbH (Germany)
  • Other Key Players

Global Acupuncture Market

Base Year:

2023

Forecast Period:

2024-2032

Historical Data:

2017 to 2023

Market Size in 2024:

USD 53.05 Bn.

Forecast Period 2024-32 CAGR:

18.00%

Market Size in 2032:

USD 199.41 Bn.

Segments Covered:

 By Acupuncture Type

  • Traditional Chinese Medicine (TCM) Acupuncture
  • Japanese Acupuncture
  • Korean Acupuncture (Saam Acupuncture)
  • Auricular Acupuncture
  • Electroacupuncture
  • Medical Acupuncture
  • Dry Needling
  • Laser Acupuncture

By Application

  • Pain Management
  • Gynecological Disorders
  • Psychological Disorders
  • Digestive Disorders
  • Respiratory Disorders
  • Neurological Disorders
  • Others

By End-User

  • Hospitals
  • Specialty Clinics
  • Wellness Centers
  • Home Care Settings

By Region

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Increasing Acceptance and Integration into Mainstream Healthcare

Key Market Restraints:

  • Limited Insurance Coverage

Key Opportunities:

  • Integration of Digital Health Solutions

Companies Covered in the report:

  • Wuxi Jiajian Medical Instruments Co. (China),Zepter International (Switzerland),Acumedic Limited (United Kingdom),3B Scientific GmbH (Germany),Asia-Med Gmbh (Germany),Schwa-medico GmbH (Germany),and Other Major Players.

Chapter 1: Introduction
 1.1 Scope and Coverage

Chapter 2:Executive Summary

Chapter 3: Market Landscape
 3.1 Market Dynamics
  3.1.1 Drivers
  3.1.2 Restraints
  3.1.3 Opportunities
  3.1.4 Challenges
 3.2 Market Trend Analysis
 3.3 PESTLE Analysis
 3.4 Porter's Five Forces Analysis
 3.5 Industry Value Chain Analysis
 3.6 Ecosystem
 3.7 Regulatory Landscape
 3.8 Price Trend Analysis
 3.9 Patent Analysis
 3.10 Technology Evolution
 3.11 Investment Pockets
 3.12 Import-Export Analysis

Chapter 4: Acupuncture Market by Acupuncture Type
 4.1 Acupuncture Market Snapshot and Growth Engine
 4.2 Acupuncture Market Overview
 4.3 Traditional Chinese Medicine (TCM)
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 Traditional Chinese Medicine (TCM): Geographic Segmentation Analysis
 4.4 Japanese
  4.4.1 Introduction and Market Overview
  4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.4.3 Key Market Trends, Growth Factors and Opportunities
  4.4.4 Japanese: Geographic Segmentation Analysis
 4.5 Korean Acupuncture (Saam Acupuncture)
  4.5.1 Introduction and Market Overview
  4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.5.3 Key Market Trends, Growth Factors and Opportunities
  4.5.4 Korean Acupuncture (Saam Acupuncture): Geographic Segmentation Analysis
 4.6 Auricular
  4.6.1 Introduction and Market Overview
  4.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.6.3 Key Market Trends, Growth Factors and Opportunities
  4.6.4 Auricular: Geographic Segmentation Analysis
 4.7 Electroacupuncture
  4.7.1 Introduction and Market Overview
  4.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.7.3 Key Market Trends, Growth Factors and Opportunities
  4.7.4 Electroacupuncture: Geographic Segmentation Analysis
 4.8 Medical Acupuncture
  4.8.1 Introduction and Market Overview
  4.8.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.8.3 Key Market Trends, Growth Factors and Opportunities
  4.8.4 Medical Acupuncture: Geographic Segmentation Analysis
 4.9 Dry Needling
  4.9.1 Introduction and Market Overview
  4.9.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.9.3 Key Market Trends, Growth Factors and Opportunities
  4.9.4 Dry Needling: Geographic Segmentation Analysis
 4.10 Laser Acupuncture
  4.10.1 Introduction and Market Overview
  4.10.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.10.3 Key Market Trends, Growth Factors and Opportunities
  4.10.4 Laser Acupuncture: Geographic Segmentation Analysis

Chapter 5: Acupuncture Market by By Application
 5.1 Acupuncture Market Snapshot and Growth Engine
 5.2 Acupuncture Market Overview
 5.3 Pain Management
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Pain Management: Geographic Segmentation Analysis
 5.4 Gynecological Disorders
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Gynecological Disorders: Geographic Segmentation Analysis
 5.5 Psychological Disorders
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Psychological Disorders: Geographic Segmentation Analysis
 5.6 Digestive Disorders
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 Digestive Disorders: Geographic Segmentation Analysis
 5.7 Respiratory Disorders
  5.7.1 Introduction and Market Overview
  5.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.7.3 Key Market Trends, Growth Factors and Opportunities
  5.7.4 Respiratory Disorders: Geographic Segmentation Analysis
 5.8 Neurological Disorders
  5.8.1 Introduction and Market Overview
  5.8.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.8.3 Key Market Trends, Growth Factors and Opportunities
  5.8.4 Neurological Disorders: Geographic Segmentation Analysis
 5.9 Others
  5.9.1 Introduction and Market Overview
  5.9.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.9.3 Key Market Trends, Growth Factors and Opportunities
  5.9.4 Others: Geographic Segmentation Analysis

Chapter 6: Acupuncture Market by By End User
 6.1 Acupuncture Market Snapshot and Growth Engine
 6.2 Acupuncture Market Overview
 6.3 Hospitals
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Hospitals: Geographic Segmentation Analysis
 6.4 Specialty Clinics
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Specialty Clinics: Geographic Segmentation Analysis
 6.5 Wellness Centers
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Wellness Centers: Geographic Segmentation Analysis
 6.6 Home Care Settings
  6.6.1 Introduction and Market Overview
  6.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.6.3 Key Market Trends, Growth Factors and Opportunities
  6.6.4 Home Care Settings: Geographic Segmentation Analysis

Chapter 7: Company Profiles and Competitive Analysis
 7.1 Competitive Landscape
  7.1.1 Competitive Benchmarking
  7.1.2 Acupuncture Market Share by Manufacturer (2023)
  7.1.3 Industry BCG Matrix
  7.1.4 Heat Map Analysis
  7.1.5 Mergers and Acquisitions
  
 7.2 WUXI JIAJIAN MEDICAL INSTRUMENTS CO (CHINA)
  7.2.1 Company Overview
  7.2.2 Key Executives
  7.2.3 Company Snapshot
  7.2.4 Role of the Company in the Market
  7.2.5 Sustainability and Social Responsibility
  7.2.6 Operating Business Segments
  7.2.7 Product Portfolio
  7.2.8 Business Performance
  7.2.9 Key Strategic Moves and Recent Developments
  7.2.10 SWOT Analysis
 7.3 ZEPTER INTERNATIONAL (SWITZERLAND)
 7.4 ACUMEDIC LIMITED (UNITED KINGDOM)
 7.5 3B SCIENTIFIC GMBH (GERMANY)
 7.6 ASIA-MED GMBH (GERMANY)
 7.7 SCHWA-MEDICO GMBH (GERMANY)
 7.8 QINGDAO GREAT FORTUNE CO LTD (CHINA)
 7.9 SIRIN CORPORATION (ISRAEL)
 7.10 MKW LASER SYSTEM GMBH (GERMANY)
 7.11 OTHERS

Chapter 8: Global Acupuncture Market By Region
 8.1 Overview
8.2. North America Acupuncture Market
  8.2.1 Key Market Trends, Growth Factors and Opportunities
  8.2.2 Top Key Companies
  8.2.3 Historic and Forecasted Market Size by Segments
  8.2.4 Historic and Forecasted Market Size By Acupuncture Type
   8.2.4.1 Traditional Chinese Medicine (TCM)
   8.2.4.2 Japanese
   8.2.4.3 Korean Acupuncture (Saam Acupuncture)
   8.2.4.4 Auricular
   8.2.4.5 Electroacupuncture
   8.2.4.6 Medical Acupuncture
   8.2.4.7 Dry Needling
   8.2.4.8 Laser Acupuncture
  8.2.5 Historic and Forecasted Market Size By By Application
   8.2.5.1 Pain Management
   8.2.5.2 Gynecological Disorders
   8.2.5.3 Psychological Disorders
   8.2.5.4 Digestive Disorders
   8.2.5.5 Respiratory Disorders
   8.2.5.6 Neurological Disorders
   8.2.5.7 Others
  8.2.6 Historic and Forecasted Market Size By By End User
   8.2.6.1 Hospitals
   8.2.6.2 Specialty Clinics
   8.2.6.3 Wellness Centers
   8.2.6.4 Home Care Settings
  8.2.7 Historic and Forecast Market Size by Country
   8.2.7.1 US
   8.2.7.2 Canada
   8.2.7.3 Mexico
8.3. Eastern Europe Acupuncture Market
  8.3.1 Key Market Trends, Growth Factors and Opportunities
  8.3.2 Top Key Companies
  8.3.3 Historic and Forecasted Market Size by Segments
  8.3.4 Historic and Forecasted Market Size By Acupuncture Type
   8.3.4.1 Traditional Chinese Medicine (TCM)
   8.3.4.2 Japanese
   8.3.4.3 Korean Acupuncture (Saam Acupuncture)
   8.3.4.4 Auricular
   8.3.4.5 Electroacupuncture
   8.3.4.6 Medical Acupuncture
   8.3.4.7 Dry Needling
   8.3.4.8 Laser Acupuncture
  8.3.5 Historic and Forecasted Market Size By By Application
   8.3.5.1 Pain Management
   8.3.5.2 Gynecological Disorders
   8.3.5.3 Psychological Disorders
   8.3.5.4 Digestive Disorders
   8.3.5.5 Respiratory Disorders
   8.3.5.6 Neurological Disorders
   8.3.5.7 Others
  8.3.6 Historic and Forecasted Market Size By By End User
   8.3.6.1 Hospitals
   8.3.6.2 Specialty Clinics
   8.3.6.3 Wellness Centers
   8.3.6.4 Home Care Settings
  8.3.7 Historic and Forecast Market Size by Country
   8.3.7.1 Bulgaria
   8.3.7.2 The Czech Republic
   8.3.7.3 Hungary
   8.3.7.4 Poland
   8.3.7.5 Romania
   8.3.7.6 Rest of Eastern Europe
8.4. Western Europe Acupuncture Market
  8.4.1 Key Market Trends, Growth Factors and Opportunities
  8.4.2 Top Key Companies
  8.4.3 Historic and Forecasted Market Size by Segments
  8.4.4 Historic and Forecasted Market Size By Acupuncture Type
   8.4.4.1 Traditional Chinese Medicine (TCM)
   8.4.4.2 Japanese
   8.4.4.3 Korean Acupuncture (Saam Acupuncture)
   8.4.4.4 Auricular
   8.4.4.5 Electroacupuncture
   8.4.4.6 Medical Acupuncture
   8.4.4.7 Dry Needling
   8.4.4.8 Laser Acupuncture
  8.4.5 Historic and Forecasted Market Size By By Application
   8.4.5.1 Pain Management
   8.4.5.2 Gynecological Disorders
   8.4.5.3 Psychological Disorders
   8.4.5.4 Digestive Disorders
   8.4.5.5 Respiratory Disorders
   8.4.5.6 Neurological Disorders
   8.4.5.7 Others
  8.4.6 Historic and Forecasted Market Size By By End User
   8.4.6.1 Hospitals
   8.4.6.2 Specialty Clinics
   8.4.6.3 Wellness Centers
   8.4.6.4 Home Care Settings
  8.4.7 Historic and Forecast Market Size by Country
   8.4.7.1 Germany
   8.4.7.2 UK
   8.4.7.3 France
   8.4.7.4 Netherlands
   8.4.7.5 Italy
   8.4.7.6 Russia
   8.4.7.7 Spain
   8.4.7.8 Rest of Western Europe
8.5. Asia Pacific Acupuncture Market
  8.5.1 Key Market Trends, Growth Factors and Opportunities
  8.5.2 Top Key Companies
  8.5.3 Historic and Forecasted Market Size by Segments
  8.5.4 Historic and Forecasted Market Size By Acupuncture Type
   8.5.4.1 Traditional Chinese Medicine (TCM)
   8.5.4.2 Japanese
   8.5.4.3 Korean Acupuncture (Saam Acupuncture)
   8.5.4.4 Auricular
   8.5.4.5 Electroacupuncture
   8.5.4.6 Medical Acupuncture
   8.5.4.7 Dry Needling
   8.5.4.8 Laser Acupuncture
  8.5.5 Historic and Forecasted Market Size By By Application
   8.5.5.1 Pain Management
   8.5.5.2 Gynecological Disorders
   8.5.5.3 Psychological Disorders
   8.5.5.4 Digestive Disorders
   8.5.5.5 Respiratory Disorders
   8.5.5.6 Neurological Disorders
   8.5.5.7 Others
  8.5.6 Historic and Forecasted Market Size By By End User
   8.5.6.1 Hospitals
   8.5.6.2 Specialty Clinics
   8.5.6.3 Wellness Centers
   8.5.6.4 Home Care Settings
  8.5.7 Historic and Forecast Market Size by Country
   8.5.7.1 China
   8.5.7.2 India
   8.5.7.3 Japan
   8.5.7.4 South Korea
   8.5.7.5 Malaysia
   8.5.7.6 Thailand
   8.5.7.7 Vietnam
   8.5.7.8 The Philippines
   8.5.7.9 Australia
   8.5.7.10 New Zealand
   8.5.7.11 Rest of APAC
8.6. Middle East & Africa Acupuncture Market
  8.6.1 Key Market Trends, Growth Factors and Opportunities
  8.6.2 Top Key Companies
  8.6.3 Historic and Forecasted Market Size by Segments
  8.6.4 Historic and Forecasted Market Size By Acupuncture Type
   8.6.4.1 Traditional Chinese Medicine (TCM)
   8.6.4.2 Japanese
   8.6.4.3 Korean Acupuncture (Saam Acupuncture)
   8.6.4.4 Auricular
   8.6.4.5 Electroacupuncture
   8.6.4.6 Medical Acupuncture
   8.6.4.7 Dry Needling
   8.6.4.8 Laser Acupuncture
  8.6.5 Historic and Forecasted Market Size By By Application
   8.6.5.1 Pain Management
   8.6.5.2 Gynecological Disorders
   8.6.5.3 Psychological Disorders
   8.6.5.4 Digestive Disorders
   8.6.5.5 Respiratory Disorders
   8.6.5.6 Neurological Disorders
   8.6.5.7 Others
  8.6.6 Historic and Forecasted Market Size By By End User
   8.6.6.1 Hospitals
   8.6.6.2 Specialty Clinics
   8.6.6.3 Wellness Centers
   8.6.6.4 Home Care Settings
  8.6.7 Historic and Forecast Market Size by Country
   8.6.7.1 Turkey
   8.6.7.2 Bahrain
   8.6.7.3 Kuwait
   8.6.7.4 Saudi Arabia
   8.6.7.5 Qatar
   8.6.7.6 UAE
   8.6.7.7 Israel
   8.6.7.8 South Africa
8.7. South America Acupuncture Market
  8.7.1 Key Market Trends, Growth Factors and Opportunities
  8.7.2 Top Key Companies
  8.7.3 Historic and Forecasted Market Size by Segments
  8.7.4 Historic and Forecasted Market Size By Acupuncture Type
   8.7.4.1 Traditional Chinese Medicine (TCM)
   8.7.4.2 Japanese
   8.7.4.3 Korean Acupuncture (Saam Acupuncture)
   8.7.4.4 Auricular
   8.7.4.5 Electroacupuncture
   8.7.4.6 Medical Acupuncture
   8.7.4.7 Dry Needling
   8.7.4.8 Laser Acupuncture
  8.7.5 Historic and Forecasted Market Size By By Application
   8.7.5.1 Pain Management
   8.7.5.2 Gynecological Disorders
   8.7.5.3 Psychological Disorders
   8.7.5.4 Digestive Disorders
   8.7.5.5 Respiratory Disorders
   8.7.5.6 Neurological Disorders
   8.7.5.7 Others
  8.7.6 Historic and Forecasted Market Size By By End User
   8.7.6.1 Hospitals
   8.7.6.2 Specialty Clinics
   8.7.6.3 Wellness Centers
   8.7.6.4 Home Care Settings
  8.7.7 Historic and Forecast Market Size by Country
   8.7.7.1 Brazil
   8.7.7.2 Argentina
   8.7.7.3 Rest of SA

Chapter 9 Analyst Viewpoint and Conclusion
9.1 Recommendations and Concluding Analysis
9.2 Potential Market Strategies

Chapter 10 Research Methodology
10.1 Research Process
10.2 Primary Research
10.3 Secondary Research
 

Global Acupuncture Market

Base Year:

2023

Forecast Period:

2024-2032

Historical Data:

2017 to 2023

Market Size in 2024:

USD 53.05 Bn.

Forecast Period 2024-32 CAGR:

18.00%

Market Size in 2032:

USD 199.41 Bn.

Segments Covered:

 By Acupuncture Type

  • Traditional Chinese Medicine (TCM) Acupuncture
  • Japanese Acupuncture
  • Korean Acupuncture (Saam Acupuncture)
  • Auricular Acupuncture
  • Electroacupuncture
  • Medical Acupuncture
  • Dry Needling
  • Laser Acupuncture

By Application

  • Pain Management
  • Gynecological Disorders
  • Psychological Disorders
  • Digestive Disorders
  • Respiratory Disorders
  • Neurological Disorders
  • Others

By End-User

  • Hospitals
  • Specialty Clinics
  • Wellness Centers
  • Home Care Settings

By Region

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Increasing Acceptance and Integration into Mainstream Healthcare

Key Market Restraints:

  • Limited Insurance Coverage

Key Opportunities:

  • Integration of Digital Health Solutions

Companies Covered in the report:

  • Wuxi Jiajian Medical Instruments Co. (China),Zepter International (Switzerland),Acumedic Limited (United Kingdom),3B Scientific GmbH (Germany),Asia-Med Gmbh (Germany),Schwa-medico GmbH (Germany),and Other Major Players.
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Frequently Asked Questions :

What would be the forecast period in the Acupuncture Market research report?

The forecast period in the Acupuncture Market research report is 2024-2032.

Who are the key players in the Acupuncture Market?

Wuxi Jiajian Medical Instruments Co. (China),Zepter International (Switzerland),Acumedic Limited (United Kingdom),3B Scientific GmbH (Germany),Asia-Med Gmbh (Germany),Schwa-medico GmbH (Germany),and Other Major Players.

What are the segments of the Acupuncture Market?

The Acupuncture Market is segmented into Acupuncture Type, Application , End-User and Region. By Acupuncture Type, the market is categorized into Traditional Chinese Medicine (TCM),Japanese,KoreanAcupuncture(SaamAcupuncture),Auricular,Electroacupuncture,Medical Acupuncture,Dry Needling,Laser Acupuncture),By Application, the market is categorized into Pain Management,Gynecological Disorders,Psychological Disorders,Digestive Disorders,Respiratory Disorders,Neurological Disorders,Others),By End User, the market is categorized into Hospitals,Specialty Clinics,Wellness Centers,Home Care Settings. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the Acupuncture Market?

Acupuncture is one of the Complementary and alternative medicine that employs the use of thin needles that are inserted into points known in the body, in a bid to unlock energy pathways that are believed to facilitate healing. It is especially prescribed for treating of different physical and psychological disorders like pain, stress, and anxiety disorders. Acupuncture works in relation to the energy or, also called qi, and focuses on the points or channels known as meridians. This technique has received appreciation and appreciation from the people in many regions of the world, and the practitioners use this technique in addition to the conventional treatments in complementary and alternative medicines.

How big is the Acupuncture Market?

Acupuncture Market Size Was Valued at USD  44.96 Billion in 2023, and is Projected to Reach USD  199.41 Billion by 2032, Growing at a CAGR of 18.00% From 2024-2032.