Acupuncture Needles Market to Reach US $200 Million by 2031, Surge in Use of Acupuncture Technique for Treating Breathlessness in COVID-19 Patients to Drive Market, Opines TMR
Source：CIsion PR Newswire
From：Taiwan Trade Center, Los Angeles
Update Time：2021/11/28
Acupuncture has been widely popularized across the globe due to its highly non- invasive and extremely effective methodology in treating many physical ailments. Some physical ailments that acupuncture can address include headaches, asthma, insomnia, arthritis, muscle pain, and joint paint. There is a plethora of other ailments that acupuncture can address, and because of its versatility, acupuncture-styled treatment has thus contributed to the growth in acupuncture needle sales.
The market for acupuncture needles is estimated to reach $200 million US dollars by 2031, some key points addressing the industry suggest several reasons for this exponential growth. Firstly, to maintain the demand for acupuncture needles, manufacturers have resorted to spreading awareness of the benefits of acupuncture as a treatment for chronic disease. Consequently, this factor has contributed to a boost in sales. Secondly, a demand for disposable needles has arisen to diminish the risks of disease contraction and transmission, which has also contributed to increased sales. Lastly, another contributing factor included the demand for treating the stress of modern-day life and its impact on sleeping habits. For this reason, an increase in demand for the industry has resulted in the growth of the acupuncture needle market.
Data indicates that more acupuncture clinics have opened up and that COVID-19 has contributed to the need for treatment, some key players in the manufacturing market include, AcuMedic, 3B Scientific, Dana Medica Co.Ltd, asia-med GmbH, Suzhou Hualun Medical Applicance Co. Ltd, Boen Healthcare Co. Ltd, Wuxi Jiajian Medical Devices Co. Ltd, Shinylink (Shanghai) Industrial Inc, DongBang AcuPirme, and MeyerDC. As acupuncture attains wide-range acceptance, members of the industry are capitalizing on the new opportunity for growth and capturing the market’s demand and needs.
Source: https://www.prnewswire.com/news-releases/acupuncture-needles-market-to-reach-us-200-mn-by-2031-surge-in-use-of-acupuncture-technique-for-treating-breathlessness-in-covid-19-patients-to-drive-market-opines-tmr-301400771.html