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Global Acupuncture Market

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from $3,475 208 Pages Evolve Business Intelligence June, 2023 EVBI18012854
Best Price Guarantee
Price from $3,475
Length 208 Pages
Publisher Evolve Business Intelligence
Published Date June, 2023
SKU EVBI18012854

Global Acupuncture Market


Global Acupuncture Market By Offerings (Services, Product), By Service Type (Needle Acupuncture, Electro Acupuncture, Auricular Acuouncture, Moxibustion, Cupping, Others), By End User (Wellness Center, Hospitals & Specialty Clinics, Others), By Applications (Pain Syndrome Illnesses, Gynecological Disorders, Others) And By Geography – Covid-19 Impact Analysis, Post Covid Analysis, Opportunities, Trends And Forecast From 2020 to 2032

The global Acupuncture market was valued at $39.62 Billion in 2022 and is anticipated to grow at a CAGR of 17.18% from 2023 to 2033. This growth is attributed to several macro and microeconomic factors such as

Reduction in the dependency on medications

The reduction in the dependency on medications is one of the key factors driving the growth of the acupuncture market. This is because acupuncture is a natural and non-invasive treatment that has been shown to be effective for a variety of conditions. There is a growing body of scientific evidence to support the effectiveness of acupuncture. For instance, a study published in the Journal of the American Medical Association found that acupuncture was effective for treating chronic pain. Another study, published in the British Medical Journal, found that acupuncture was effective for treating nausea and vomiting in pregnancy. As people become more aware of the benefits of acupuncture, they are increasingly turning to this treatment as an alternative to medications. This is driving the growth of the acupuncture market.

Further several factors restraining the market growth include

Long time duration for curing a disease

The long time duration for curing the disease is one of the key factors restraining the growth of the acupuncture market. This is because acupuncture is a slow-acting treatment, and it can take several sessions before patients see any improvement. For instance, a study published in the Journal of Pain found that acupuncture was effective for treating chronic low back pain, but the average number of sessions required was 12. This means that patients would need to commit to a significant amount of time and money in order to see results. In addition, some people may not be willing to wait several weeks or months to see results from acupuncture. They may prefer to try a more immediate treatment, such as medication. As a result, the long time duration for curing the disease is a major restraining factor for the acupuncture market.

Growing awareness among people and Collaborations and Alliances in the Acupuncture market are expected to generate higher avenues during the forecast period.

In the wake of the COVID-19 pandemic, supply chain disruptions have led to supply shortages or lower demand in the Acupuncture market. The pandemic has caused a decline in new orders and a corresponding decrease in production.

This section will analyze how COVID-19 has impacted supply chains, leading to shortages and lower demand for Acupuncture.

In terms of COVID-19 impact, the Acupuncture market report also includes the following data points:
  • Impact on Acupuncture market size
  • Operating Weights Trend, Preferences, and Budget Impact
  • Regulatory Framework/Government Policies
  • Key Players' Strategy to Tackle Negative Impact/Post-COVID Strategies
  • Opportunity in the Acupuncture market
Key Insight in the report:

The global Acupuncture market report covers an executive summary, market dynamics, COVID impact & post-COVID scenario, market size and forecast, competitive intelligence, market positioning, and product offerings.

Our report covers extensive competitive intelligence which includes the following data points:
  • Business Overview
  • Business Segment Data
  • Financial Data
  • Product Segment Analysis and Specification
  • Recent Development and Company Strategy Analysis
  • SWOT Analysis
Acupuncture Market Segmentation:
  • Offerings
  • Services
  • Product
  • Service Type
  • Needle Acupuncture
  • Electro Acupuncture
  • Auricular Acuouncture
  • Moxibustion
  • Cupping
  • Others
  • End User
  • Wellness Center
  • Hospitals & Specialty Clinics
  • Others
  • Applications
  • Pain Syndrome Illnesses
  • Gynecological Disorders
  • Others
Region/ Countries Covered:
  • North America
  • US
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Indonesia
  • Malaysia
  • Rest of Asia Pacific
  • Latin America
  • Mexico
  • Brazil
  • Argentina
  • Colombia
  • Rest of Latin America
  • Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
  • Rest of MEA
Key Players Analyzed in the Report:
  • Mayo Clinic
  • 3B Scientific GmbH
  • Asia med GmbH
  • AcuMedic Ltd.
  • MKW Laser System GmbH
  • Cutting Edge Chiropractic
  • Meridius Medical GmbH
  • Wuxi Jiajian Medical Instruments Co. Ltd.
  • Zepter International
  • Dongbang medical
  • Schwa-medico GmbH


CHAPTER 1. Executive Summary
CHAPTER 2. Scope of the Study
2.1. Market Definition
2.2. Market Scope & Segmentation
2.2.1. Objective of Report
CHAPTER 3. Evolve BI Methodology
3.1. Data Collection & Validation Approach
3.2. Market Size Estimation and Forecast
CHAPTER 4. Exclusive Analysis
4.1. Market Opportunity Score
4.1.1. Offerings Segement – Market Opportunity Score
4.1.2. Service Type Segement – Market Opportunity Score
4.1.3. Applications Segement – Market Opportunity Score
4.1.4. End User Segement – Market Opportunity Score
4.1.5. Regional Segment – Market Opportunity Score
4.2. Key Market Influencing Indicators
CHAPTER 5. Market Insights and Trends
5.1. Value Chain Analysis
5.1.1. Suppliers
5.1.2. Acupuncturists
5.1.3. Clinics and hospitals
5.1.4. End-Users
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining Power of Buyers
5.2.2. Bargaining Power of Suppliers
5.2.3. Threat of New Entrant
5.2.4. Threat of Substitute
5.2.5. Industry Rivalry
5.3. COVID-19 Impact and Post COVID Scenario on Acupuncture Market
5.3.1. Impact of COVID-19
5.3.2. Government Support and Industry Revival Policies
5.3.3. Measures Taken by Companies to Mitigate Negative Impact
5.3.4. Post COVID Trend
CHAPTER 6. Market Dynamics
6.1. Introduction
6.2. Drivers
6.2.1. The surge in the prevalence of chronic diseases, the rise in the adoption of a sedentary lifestyle, obesity, and alcohol addiction
6.2.2. Rise in health complications in the geriatric population and the prevalence of gynecological disorders
6.2.3. Reduction in the dependency on medications
6.3. Restraints
6.3.1. High cost of Acupuncture therapy
6.3.2. Long time duration for curing the diesease
6.4. Opportunity
6.4.1. The rising number of surgeries is anticipated to increase the demand for acupuncture procedures
6.4.1. Growing awareness among people
6.4.2. Increase in the number of acupuncture-based spa treatment
CHAPTER 7. Global Acupuncture Market, By Offerings
7.1. Introduction
7.1.1. Products
7.1.2. Services
CHAPTER 8. Global Acupuncture Market, By Service Type
8.1. Introduction
8.1.1. Needle Acupuncture
8.1.2. Electro Acupuncture
8.1.3. Auricular Acuouncture
8.1.4. Moxibustion
8.1.5. Cupping
8.1.6. Others
CHAPTER 9. Global Acupuncture Market, By Applications
9.1. Introduction
9.1.1. Pain Syndrome Illnesses
9.1.2. Gynecological Disorders
9.1.3. Others
CHAPTER 10. Global Acupuncture Market, By End User
10.1. Introduction
10.1.1. Wellness Center
10.1.2. Hospitals & Specialty Clinics
10.1.3. Others
CHAPTER 11. Global Acupuncture Market, By Region
11.1. Introduction
11.2. North America
11.2.1. North America: Market Size and Forecast, By Country, 2021 – 2033 ($ Million)
11.2.2. North America: Market Size and Forecast, By Offerings, 2021 – 2033 ($ Million)
11.2.3. North America: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
11.2.4. North America: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
11.2.5. North America: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
11.2.6. US
11.2.6.1. US: Market Size and Forecast, By Offerings, 2021 – 2033 ($ Million)
11.2.6.2. US: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
11.2.6.3. US: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
11.2.6.4. US: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
11.2.7. Canada
11.2.7.1. Canada: Market Size and Forecast, By Offerings, 2021 – 2033 ($ Million)
11.2.7.2. Canada: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
11.2.7.3. Canada: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
11.2.7.4. Canada: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
11.3. Europe
11.3.1. Europe: Market Size and Forecast, By Country, 2021 – 2033 ($ Million)
11.3.2. Europe: Market Size and Forecast, By Offerings, 2021 – 2033 ($ Million)
11.3.3. Europe: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
11.3.4. Europe: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
11.3.5. Europe: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
11.3.6. U.K.
11.3.6.1. U.K.: Market Size and Forecast, By Offerings, 2021 – 2033 ($ Million)
11.3.6.2. U.K.: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
11.3.6.3. U.K.: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
11.3.6.4. U.K.: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
11.3.7. Germany
11.3.7.1. Germany: Market Size and Forecast, By Offerings, 2021 – 2033 ($ Million)
11.3.7.2. Germany: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
11.3.7.3. Germany: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
11.3.7.4. Germany: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
11.3.8. France
11.3.8.1. France: Market Size and Forecast, By Offerings, 2021 – 2033 ($ Million)
11.3.8.2. France: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
11.3.8.3. France: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
11.3.8.4. France: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
11.3.9. Italy
11.3.9.1. Italy: Market Size and Forecast, By Offerings, 2021 – 2033 ($ Million)
11.3.9.2. Italy: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
11.3.9.3. Italy: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
11.3.9.4. Italy: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
11.3.10. Spain
11.3.10.1. Spain: Market Size and Forecast, By Offerings, 2021 – 2033 ($ Million)
11.3.10.2. Spain: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
11.3.10.3. Spain: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
11.3.10.4. Spain: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
11.3.11. Rest of Europe
11.3.11.1. Rest of Europe: Market Size and Forecast, By Offerings, 2021 – 2033 ($ Million)
11.3.11.2. Rest of Europe: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
11.3.11.3. Rest of Europe: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
11.3.11.4. Rest of Europe: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
11.4. Asia Pacific
11.4.1. Asia Pacific: Market Size and Forecast, By Country, 2021 – 2033 ($ Million)
11.4.2. Asia Pacific: Market Size and Forecast, By Offerings, 2021 – 2033 ($ Million)
11.4.3. Asia Pacific: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
11.4.4. Asia Pacific: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
11.4.5. Asia Pacific: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
11.4.6. China
11.4.6.1. China: Market Size and Forecast, By Offerings, 2021 – 2033 ($ Million)
11.4.6.2. China: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
11.4.6.3. China: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
11.4.6.4. China: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
11.4.7. Japan
11.4.7.1. Japan: Market Size and Forecast, By Offerings, 2021 – 2033 ($ Million)
11.4.7.2. Japan: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
11.4.7.3. Japan: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
11.4.7.4. Japan: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
11.4.8. India
11.4.8.1. India: Market Size and Forecast, By Offerings, 2021 – 2033 ($ Million)
11.4.8.2. India: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
11.4.8.3. India: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
11.4.8.4. India: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
11.4.9. South Korea
11.4.9.1. South Korea: Market Size and Forecast, By Offerings, 2021 – 2033 ($ Million)
11.4.9.2. South Korea: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
11.4.9.3. South Korea: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
11.4.9.4. South Korea: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
11.4.10. Indonesia
11.4.10.1. Indonesia: Market Size and Forecast, By Offerings, 2021 – 2033 ($ Million)
11.4.10.2. Indonesia: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
11.4.10.3. Indonesia: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
11.4.10.4. Indonesia: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
11.4.11. Malaysia
11.4.11.1. Malaysia: Market Size and Forecast, By Offerings, 2021 – 2033 ($ Million)
11.4.11.2. Malaysia: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
11.4.11.3. Malaysia: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
11.4.11.4. Malaysia: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
11.4.12. Rest of Asia Pacific
11.4.12.1. Rest of Asia Pacific: Market Size and Forecast, By Offerings, 2021 – 2033 ($ Million)
11.4.12.2. Rest of Asia Pacific: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
11.4.12.3. Rest of Asia Pacific: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
11.4.12.4. Rest of Asia Pacific: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
11.5. Latin America
11.5.1. Latin America: Market Size and Forecast, By Country, 2021 – 2033 ($ Million)
11.5.2. Latin America: Market Size and Forecast, By Offerings, 2021 – 2033 ($ Million)
11.5.3. Latin America: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
11.5.4. Latin America: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
11.5.5. Latin America: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
11.5.6. Mexico
11.5.6.1. Mexico: Market Size and Forecast, By Offerings, 2021 – 2033 ($ Million)
11.5.6.2. Mexico: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
11.5.6.3. Mexico: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
11.5.6.4. Mexico: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
11.5.7. Brazil
11.5.7.1. Brazil: Market Size and Forecast, By Offerings, 2021 – 2033 ($ Million)
11.5.7.2. Brazil: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
11.5.7.3. Brazil: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
11.5.7.4. Brazil: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
11.5.8. Argentina
11.5.8.1. Argentina: Market Size and Forecast, By Offerings, 2021 – 2033 ($ Million)
11.5.8.2. Argentina: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
11.5.8.3. Argentina: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
11.5.8.4. Argentina: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
11.5.9. Colombia
11.5.9.1. Colombia: Market Size and Forecast, By Offerings, 2021 – 2033 ($ Million)
11.5.9.2. Colombia: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
11.5.9.3. Colombia: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
11.5.9.4. Colombia: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
11.5.10. Rest of Latin America
11.5.10.1. Rest of Latin America: Market Size and Forecast, By Offerings, 2021 – 2033 ($ Million)
11.5.10.2. Rest of Latin America: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
11.5.10.3. Rest of Latin America: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
11.5.10.4. Rest of Latin America: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
11.6. Middle East & Africa
11.6.1. Middle East & Africa: Market Size and Forecast, By Country, 2021 – 2033 ($ Million)
11.6.2. Middle East & Africa: Market Size and Forecast, By Offerings, 2021 – 2033 ($ Million)
11.6.3. Middle East & Africa: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
11.6.4. Middle East & Africa: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
11.6.5. Middle East & Africa: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
11.6.6. Saudi Arabia
11.6.6.1. Saudi Arabia: Market Size and Forecast, By Offerings, 2021 – 2033 ($ Million)
11.6.6.2. Saudi Arabia: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
11.6.6.3. Saudi Arabia: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
11.6.6.4. Saudi Arabia: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
11.6.7. UAE
11.6.7.1. UAE: Market Size and Forecast, By Offerings, 2021 – 2033 ($ Million)
11.6.7.2. UAE: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
11.6.7.3. UAE: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
11.6.7.4. UAE: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
11.6.8. Egypt
11.6.8.1. Egypt: Market Size and Forecast, By Offerings, 2021 – 2033 ($ Million)
11.6.8.2. Egypt: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
11.6.8.3. Egypt: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
11.6.8.4. Egypt: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
11.6.9. South Africa
11.6.9.1. South Africa: Market Size and Forecast, By Offerings, 2021 – 2033 ($ Million)
11.6.9.2. South Africa: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
11.6.9.3. South Africa: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
11.6.9.4. South Africa: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
11.6.10. Rest of Middle East & Africa
11.6.10.1. Rest of Middle East & Africa: Market Size and Forecast, By Offerings, 2021 – 2033 ($ Million)
11.6.10.2. Rest of Middle East & Africa: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
11.6.10.3. Rest of Middle East & Africa: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
11.6.10.4. Rest of Middle East & Africa: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
CHAPTER 12. Competitive Landscape
12.1. Competitior Benchmarking 2023
12.2. Market Share Analysis, 2022
CHAPTER 13. Company Profiles
13.1. AcuMedic Ltd.
13.1.1. Business Overview
13.1.2. Product Portfolio
13.1.3. SWOT Analysis
13.2. Asia med GmbH
13.2.1. Business Overview
13.2.2. Product Portfolio
13.2.3. SWOT Analysis
13.3. Cutting Edge Chiropractic
13.3.1. Business Overview
13.3.2. Product Portfolio
13.4. Mayo Clinic
13.4.1. Business Overview
13.4.2. Product Portfolio
13.4.3. Recent Development and Strategies Adopted
13.4.4. SWOT Analysis
13.5. Meridius Medical GmbH
13.5.1. Business Overview
13.5.2. Product Portfolio
13.6. Wuxi Jiajian Medical Instruments Co. Ltd.
13.6.1. Business Overview
13.6.2. Product Portfolio
13.7. Zepter International
13.7.1. Business Overview
13.7.2. Product Portfolio
13.8. Dongbang medical
13.8.1. Business Overview
13.8.2. Product Portfolio
13.9. 3B Scientific GmbH
13.9.1. Business Overview
13.9.2. Product Portfolio
13.9.3. SWOT Analysis
13.10. Schwa-medico GmbH
13.10.1. Business Overview
13.10.2. Product Portfolio
13.11. MKW Laser System GmbH
13.11.1. Business Overview
13.11.2. Product Portfolio
13.11.3. SWOT Analysis

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