Report ID: SQMIG35B2181
Report ID:
SQMIG35B2181 |
Region:
Global |
Published Date: July, 2001
Pages:
165
|
Tables:
62 |
Figures:
75
Acupuncture Needles Market size was valued at USD 228.26 million in 2019 and is poised to grow from USD 240 million in 2023 to USD 363.36 million by 2031, growing at a CAGR of 5.1% in the forecast period (2024-2031).
Thin metallic needles used in acupuncture are placed into the patient's skin at particular pressure points. The body responds when the needles stimulate the nerves, releasing chemicals like endorphins. They are frequently offered in disposable and non-disposable varieties made of stainless steel, gold, and silver. They help in the treatment of gastrointestinal, gynaecological, joint, and paralysing conditions. Acupuncture needles are less expensive than injectable needles, because they have rounded tips with little chance of cutting tissue, bleeding, infection, or pain.
The market is anticipated to expand because to the increased prevalence of chronic conditions such diabetes, autoimmune diseases, and obesity among millennials. The main reason of the rise in chronic diseases is a combination of variables, including the adoption of sedentary and unhealthy lifestyles, excessive alcohol consumption, and smoking. The use of acupuncture needles is anticipated to grow quickly in the next years because it is an effective treatment for chronic illnesses. The market is expected to be further fueled by additional factors such as rising consumer healthcare costs and the expanding use of acupuncture for the treatment of emotional disorders and drug addictions.
US Acupuncture Needles Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG35B2181