The Acupuncture Market to Grow at a CAGR of 14.09% from 2022 to 2027 | 3B Scientific GmbH, ACA, AcuMedic Ltd., and more to emerge as key players-Technavio

NEW YORK, July 14, 2023 /PRNewswire/ -- The acupuncture market size is estimated to grow by USD 16,839.1 million at a CAGR of 14.09% between 2022 and 2027, according to Technavio. The growing competition in the market is compelling vendors to adopt various growth strategies, such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market vendors including - 3B Scientific GmbH, ACA, AcuMedic Ltd., Acupuncture Plus, asia med GmbH, Beijing Acupuncture and Herbal Clinic, Blue Branches Acupuncture, CUTTING EDGE CHIROPRACTIC, Dongbang Medical, Dongguan Southstar Electronics Ltd., Mayo Clinic, Meridius Medical GmbH, MKW laser system GmbH, Modern Acupuncture, schwa medico GmbH, Sedatelec, Wuhan ZJZK Technology Co. Ltd., Wuxi Jiajian Medical Instrument Co. Ltd., Zepter International Poland sp. z o. o., and Neo Acupunture- Download Sample Report in minutes.

Acupuncture Market Insights -

• Vendors: 15+, Including 3B Scientific GmbH, ACA, AcuMedic Ltd., Acupuncture Plus, asia med GmbH, Beijing Acupuncture and Herbal Clinic, Blue Branches Acupuncture, CUTTING EDGE CHIROPRACTIC, Dongbang Medical, Dongguan Southstar Electronics Ltd., Mayo Clinic, Meridius Medical GmbH, MKW lasersystem GmbH, Modern Acupuncture, schwa medico GmbH, Sedatelec, Wuhan ZJZK Technology Co. Ltd., Wuxi Jiajian Medical Instrument Co. Ltd., Zepter International Poland sp. z o. o., and Neo Acupuncture, among others
• Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
• Segments: type (needle acupuncture, electroacupuncture, auricular acupuncture, cupping, and others), end-user (hospitals and specialty clinics, wellness centers, and research and academic institutions), and geography (Europe, Asia, North America, and the Rest of the World (ROW))

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Key driver- The increasing geriatric population is driving the market growth. The Organization for Economic Cooperation and Development (OECD) has observed a steady rise in the number of elderly people within OECD countries. It is projected that by 2050, approximately 40% of the population in Japan, Spain, Portugal, Greece, and Korea will be aged 65 or above. Furthermore, the use of acupuncture has proven to be advantageous in addressing various medical conditions that are prevalent among older individuals, such as headaches, knee pain, low back pain, and neurological disorders. Moreover, acupuncture serves as a complementary treatment option for these conditions. Hence, these factors are expected to drive market growth during the forecast period.

Major Trend- Advancements in healthcare facilities are the major trend in the market. 

Significant Challenge- Side effects associated with acupuncture treatment are a significant challenge restricting market growth. 

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The acupuncture market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as prospects.

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What are the key data covered in this Acupuncture Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the acupuncture market between 2023 and 2027
• Precise estimation of the size of the acupuncture market and its contribution to the market with a focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the acupuncture market across Europe, Asia, North America, and the Rest of the World (ROW)
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of acupuncture market vendors

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Table of Contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global acupuncture market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global acupuncture market 2017 - 2021 ($ million)

• 4.2 Type Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ million)

• 4.3 End User Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – End User Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Type

• 6.1 Market segments
• Exhibit 30: Chart on Type - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Type - Market share 2022-2027 (%)

• 6.2 Comparison by Type
• Exhibit 32: Chart on Comparison by Type
• Exhibit 33: Data Table on Comparison by Type

• 6.3 Needle acupuncture - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Needle acupuncture - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Needle acupuncture - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Needle acupuncture - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Needle acupuncture - Year-over-year growth 2022-2027 (%)

• 6.4 Electroacupuncture - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Electroacupuncture - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Electroacupuncture - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Electroacupuncture - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Electroacupuncture - Year-over-year growth 2022-2027 (%)

• 6.5 Auricular acupuncture - Market size and forecast 2022-2027 
• Exhibit 42: Chart on Auricular acupuncture - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Auricular acupuncture - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Auricular acupuncture - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Auricular acupuncture - Year-over-year growth 2022-2027 (%)

• 6.6 Cupping - Market size and forecast 2022-2027 
• Exhibit 46: Chart on Cupping - Market size and forecast 2022-2027 ($ million)
• Exhibit 47: Data Table on Cupping - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Chart on Cupping - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Cupping - Year-over-year growth 2022-2027 (%)

• 6.7 Others - Market size and forecast 2022-2027 
• Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 6.8 Market opportunity by Type 
• Exhibit 54: Market opportunity by Type ($ million)
• Exhibit 55: Data Table on Market opportunity by Type ($ million)

7 Market Segmentation by End-user

• 7.1 Market segments
• Exhibit 56: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 57: Data Table on End-user - Market share 2022-2027 (%)

• 7.2 Comparison by End-user 
• Exhibit 58: Chart on Comparison by End-user
• Exhibit 59: Data Table on Comparison by End-user

• 7.3 Hospitals and specialty clinics - Market size and forecast 2022-2027 
• Exhibit 60: Chart on Hospitals and specialty clinics - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Data Table on Hospitals and specialty clinics - Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Chart on Hospitals and specialty clinics - Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on Hospitals and specialty clinics - Year-over-year growth 2022-2027 (%)

• 7.4 Wellness centers - Market size and forecast 2022-2027 
• Exhibit 64: Chart on Wellness centers - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Data Table on Wellness centers - Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Chart on Wellness centers - Year-over-year growth 2022-2027 (%)
• Exhibit 67: Data Table on Wellness centers - Year-over-year growth 2022-2027 (%)

• 7.5 Research and academic institutions - Market size and forecast 2022-2027 
• Exhibit 68: Chart on Research and academic institutions - Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Data Table on Research and academic institutions - Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Chart on Research and academic institutions - Year-over-year growth 2022-2027 (%)
• Exhibit 71: Data Table on Research and academic institutions - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by End-user 
• Exhibit 72: Market opportunity by End-user ($ million)
• Exhibit 73: Data Table on Market opportunity by End-user ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 75: Chart on Market share by geography 2022-2027 (%)
• Exhibit 76: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 77: Chart on Geographic comparison
• Exhibit 78: Data Table on Geographic comparison

• 9.3 Europe - Market size and forecast 2022-2027 
• Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.4 Asia - Market size and forecast 2022-2027 
• Exhibit 83: Chart on Asia - Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on Asia - Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on Asia - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on Asia - Year-over-year growth 2022-2027 (%)

• 9.5 North America - Market size and forecast 2022-2027 
• Exhibit 87: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.6 Rest of World (ROW) - Market size and forecast 2022-2027 
• Exhibit 91: Chart on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)

• 9.7 US - Market size and forecast 2022-2027 
• Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.8 France - Market size and forecast 2022-2027 
• Exhibit 99: Chart on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on France - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on France - Year-over-year growth 2022-2027 (%)

• 9.9 Italy - Market size and forecast 2022-2027 
• Exhibit 103: Chart on Italy - Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Data Table on Italy - Market size and forecast 2022-2027 ($ million)
• Exhibit 105: Chart on Italy - Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on Italy - Year-over-year growth 2022-2027 (%)

• 9.10 China - Market size and forecast 2022-2027 
• Exhibit 107: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 108: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 109: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 110: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.11 Japan - Market size and forecast 2022-2027 
• Exhibit 111: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 112: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 113: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 114: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.12 Market opportunity by geography 
• Exhibit 115: Market opportunity by geography ($ million)
• Exhibit 116: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 117: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 118: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 119: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 120: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 121: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 122: Matrix on vendor position and classification

• 12.3 3B Scientific GmbH
• Exhibit 123: 3B Scientific GmbH - Overview
• Exhibit 124: 3B Scientific GmbH - Product / Service
• Exhibit 125: 3B Scientific GmbH - Key offerings

• 12.4 AcuMedic Ltd.
• Exhibit 126: AcuMedic Ltd. - Overview
• Exhibit 127: AcuMedic Ltd. - Product / Service
• Exhibit 128: AcuMedic Ltd. - Key offerings

• 12.5 Acupuncture Plus
• Exhibit 129: Acupuncture Plus - Overview
• Exhibit 130: Acupuncture Plus - Product / Service
• Exhibit 131: Acupuncture Plus - Key offerings

• 12.6 asia med GmbH
• Exhibit 132: asia med GmbH - Overview
• Exhibit 133: asia med GmbH - Product / Service
• Exhibit 134: asia med GmbH - Key offerings

• 12.7 CUTTING EDGE CHIROPRACTIC 
• Exhibit 135: CUTTING EDGE CHIROPRACTIC - Overview
• Exhibit 136: CUTTING EDGE CHIROPRACTIC - Product / Service
• Exhibit 137: CUTTING EDGE CHIROPRACTIC - Key offerings

• 12.8 Dongbang Medical
• Exhibit 138: Dongbang Medical - Overview
• Exhibit 139: Dongbang Medical - Product / Service
• Exhibit 140: Dongbang Medical - Key offerings

• 12.9 Dongguan Southstar Electronics Ltd. 
• Exhibit 141: Dongguan Southstar Electronics Ltd. - Overview
• Exhibit 142: Dongguan Southstar Electronics Ltd. - Product / Service
• Exhibit 143: Dongguan Southstar Electronics Ltd. - Key offerings

• 12.10 Mayo Clinic
• Exhibit 144: Mayo Clinic - Overview
• Exhibit 145: Mayo Clinic - Product / Service
• Exhibit 146: Mayo Clinic - Key offerings

• 12.11 Meridius Medical GmbH 
• Exhibit 147: Meridius Medical GmbH - Overview
• Exhibit 148: Meridius Medical GmbH - Product / Service
• Exhibit 149: Meridius Medical GmbH - Key offerings

• 12.12 MKW Lasersystem GmbH
• Exhibit 150: MKW Lasersystem GmbH - Overview
• Exhibit 151: MKW Lasersystem GmbH - Product / Service
• Exhibit 152: MKW Lasersystem GmbH - Key offerings

• 12.13 Modern Acupuncture
• Exhibit 153: Modern Acupuncture - Overview
• Exhibit 154: Modern Acupuncture - Product / Service
• Exhibit 155: Modern Acupuncture - Key offerings

• 12.14 Neo Acupunture
• Exhibit 156: Neo Acupunture - Overview
• Exhibit 157: Neo Acupunture - Product / Service
• Exhibit 158: Neo Acupunture - Key offerings

• 12.15 schwa medico GmbH
• Exhibit 159: schwa medico GmbH - Overview
• Exhibit 160: schwa medico GmbH - Product / Service
• Exhibit 161: schwa medico GmbH - Key offerings

• 12.16 Sedatelec
• Exhibit 162: Sedatelec - Overview
• Exhibit 163: Sedatelec - Product / Service
• Exhibit 164: Sedatelec - Key offerings

• 12.17 Zepter International Poland sp. z o. o. 
• Exhibit 165: Zepter International Poland sp. z o. o. - Overview
• Exhibit 166: Zepter International Poland sp. z o. o. - Product / Service
• Exhibit 167: Zepter International Poland sp. z o. o. - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 168: Inclusions checklist
• Exhibit 169: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 170: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 171: Research methodology
• Exhibit 172: Validation techniques employed for market sizing
• Exhibit 173: Information sources

• 13.5 List of abbreviations
• Exhibit 174: List of abbreviations

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