Acupressure Instruments Market Size, Share, Growth Analysis, By Type(Products, Services), By Distribution Method(Direct, E-Sales, Others), By End-User(Wellness Centre, Hospitals & Specialty Clinics, Others), By Application(Pain Syndrome Illnesses, Gynaecological Disorders, Others), By Materials(Stainless steel, gold, and silver), By Region - Industry Forecast 2024-2031

Acupressure Instruments Market Driver

Increasing Chronic Conditions and Government Support for Acupressure treatments

• The current treatment scenario for a variety of indications is the increased availability of alternative therapies, which include physiotherapy and complementary and alternative therapy. There is an array of side effects associated with the use of medications for the treatment of specific disease conditions, such as mental health indications or pain management in cancer patients. Adverse effects of medicinal drug intake are serious concerns for patient safety and may present with unpleasant symptoms ranging from drowsiness or extreme fatigue to impaired balance and coordination and low respiration rate, indicating a potential overdose. Because of the lack of associated complexities with drug interaction, the adoption of complementary medicines is expected to increase. This factor is expected to drive demand growth for Acupressure treatment over the forecasted years.
• Along with that, Local governments have also promoted initiatives to encourage the use of alternative therapies for disease treatment. These government bodies are strategically positioned to meet local needs and to facilitate linkages, networking, and growth orientations for the Acupressure treatment market. Furthermore, through the provision of training and educational courses for Acupressure therapy approaches, local governments have procured significant resources to create socioeconomically oriented development plans.

Acupressure Instruments Market Restraint

Acupressure Treatment's Out-of-Pocket Expenditures

• Several factors influence acupressure treatment demand, collectively shifting the marketing strategy for the next few years. Some factors encourage an opportunistic shift toward industry growth, while others may limit the overall market growth and adoption of acupressure treatment. While the use of acupressure options has increased, certain factors indicate lower adoption standards due to the lack of beneficial reimbursement guidelines for patients undergoing treatment. Several major insurance policies, including Medicaid and Medicare Advantage Health Plans, have been known to cover at least one-third of all acupuncture and acupressure policies. Because of the scarcity of compensation guidelines for acupressure and acupuncture, patients have had to pay out-of-pocket. These factors are expected to stifle the market growth of the acupressure treatment and instrument market over the forecast year.