USD 121.45 million
Report ID: SQSG35A2050 | Region: Global | Published Date: December, 2022 | Pages: 165 | Tables: 143 | Figures: 68
Global Acupressure Instruments Market was valued at USD 121.45 million in 2021 and is expected to reach USD 211.27 million by 2028, growing at a CAGR of 8.23% during the forecast period. (2022 - 2028).
Acupressure is a complementary medicine technique that is frequently used in conjunction with acupuncture or reflexology. It is based on the idea of life energy flowing through the body's "meridians." Physical pressure is placed on acupuncture points or ashi trigger points during treatment to clear blockages in these meridians. Pressure can be applied with the hand, the elbow, or various devices. Acupressure therapy was widely used in India. Acupressure therapy was integrated into standard health practice in China after the spread of Buddhism, and it became known as acupuncture. Scholars draw attention to these parallels because the major points of Indian acupressure and Chinese acupuncture are similar. Acupressure can be beneficial in relieving nausea and vomiting following surgery or invasive medical procedures. Acupressure can also assist in relieving pain. Although some research has been conducted to document the benefits of acupressure, it has been limited. Several small studies, according to the National Cancer Institute, have shown that acupressure can help cancer patients by reducing cancer-related fatigue and nausea. Many patients report that acupressure has helped them with pain, stress, and anxiety, but there hasn't been any research done specifically with cancer patients to back up these claims. Acupressure should be used in conjunction with medical treatment rather than as the sole treatment for a serious illness or chronic condition.
There are various instruments for applying nonspecific pressure to the body's reflex zones by rubbing, rolling, or exerting pressure. The acuball is a small, heatable rubber ball with protuberances. It's a tool for applying pressure and relieving muscle and joint pain. The energy roller is a small, protruding cylinder. Acupressure is applied by rolling it back and forth between the hands. The foot roller (also known as the "Krupa chakra") is a cylindrical round roller with protuberances. It is placed on the floor and rolled back and forth with the foot. The power mat (also known as the pyramid mat) is a walking mat with small pyramid-shaped bumps. Spine rollers are bumpy rollers with magnets that are rolled up and down the vertebra.
An acupressure wristband that claims to relieve motion sickness and other forms of nausea apply pressure to the P6 acupuncture point, which has been widely investigated. The Cochrane Collaboration examined the use of P6 for vomiting and diarrhoea and discovered that it was beneficial in reducing postoperative nausea
Global Market Size
USD 121.45 million
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The Global Acupressure Instruments market is segmented based on Type, Distribution Method, Application, End-Use, materials, and Region. Based on Type, the market is segmented into Products and Services. Based on the Distribution Method, the market is segmented into Direct, E-Sales, and Others. Based on Application, the market is segmented into Pain Syndrome Illnesses, Gynaecological Disorders, and Others. Based on End-Use, the market is segmented into Wellness centres, Hospitals & Specialty Clinics, and Others. Based on materials, the market is segmented into Stainless steel, gold, and silver . Based on region the global market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.
Analysis by Distribution Method
In 2021, the Direct Sales segment had the highest revenue share of XX%. Patients who are engaged in complementary therapeutic procedures, particularly acupressure, prefer direct sales or medical consultation. Acupressure and acupuncture practitioners have used a variety of marketing strategies to increase direct sales between the physician and the patient, resulting in the largest revenue share of direct sales. To expand their business, various local acupressure and acupuncture practitioners, as well as entities, are exploring the direct distribution sales channel. These organizations concentrate on the doctor-patient interaction and therapeutic approaches that increase profitability. Furthermore, the number of new market entrants, scientific evidence, and demand for acupressure are all increasing, all of which contribute to the growth of this segment.
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North America held the largest share in the global acupressure instruments market. North America currently leads the acupressure market due to increased acceptance of alternate solution medical techniques between many people and a rising incidence of chronic conditions. In 2021 alone, 20.4% of US citizens experienced chronic pain for a variety of reasons, and given the occurrence of unhealthy lifestyles, this figure is expected to rise. Because allopathic medicine has little to offer in these cases, the market should benefit.
The Asia Pacific is predicted to be the fastest-growing regional market from 2022 to 2028, The growing popularity of traditional Chinese medicine around the globe has made the Asia Pacific a lucrative market for local, regional, and international players. Several studies have shown that approximately 80% of Chinese people prefer traditional medical supplements and acupressure acupuncture-based therapies to treat chronic illnesses. Furthermore, the COVID-19 pandemic has increased demand for Acupressure, which is expected to provide lucrative revenue generation opportunities in this region.
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Increasing Chronic Conditions and Government Support for Acupressure treatments
Acupressure Treatment's Out-of-Pocket Expenditures
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The majority of acupressure treatment and instrument providers are small market players, these players are using low-cost marketing strategies. Offering a free trial is one of the most popular ways to increase sales. With COVID-19 having a negative impact on the acupressure treatment and instrument market, market participants have now entered the telehealth domain. This not only helps organizations reach their customers but also helps them stand out in the market. A few Ed-tech companies also offer acupressure courses with a 30-day money-back guarantee. For instance, Udemy, a US-based ed-tech start-up offers "Acupressure For Beginners: Acupressure Principles".
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SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our global acupressure instruments market analysis, we found that with an increasing number of people investing in less invasive traditional therapies, acupuncture has seen market growth in recent years. Acupressure is effective in relieving muscle tension and chronic pain by improving blood circulation throughout the body. It is extremely effective in treating mental stress, PCOS, PMS, infertility, menopause, and other hormonal imbalances. These factors are expected to accelerate the demand in the market over the forecast year.
|Market size value in 2021||USD 121.45 million|
|Market size value in 2028||USD 211.27 million|
|Forecast Unit (Value)||USD Million|
|Regions covered||North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)|
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For the Global Acupressure Instruments Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Acupressure Instruments Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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