Industry Background:
Acupuncture needles are used for the acupuncture techniques used to improve the body’s functions and increases the natural self-healing process by pressing the acupoints. The acupuncture needles are made of stainless steel, comes in different lengths and thickness based on the type of treatment and what area of the body is being treated. The needles are available in individual tubes and are 100 percent sterile, it is also available in the disposable and disposable form with both metal and plastic handles.This growth is primarily driven by The demand for acupuncture for the benefits in treating conditions like musculoskeletal problems such as back pain, neck pain, insomnia, etc. The acupuncture improves the body's functions and boosts the natural self-healing process by pressing the acupuncture points or acupoints..
Globally, a noticeable market trend is evident Increasing Consumption of Acupuncture Needle in China
. Major Players, such as Empecs Medical Device Co. Ltd. (China), DongBang AcuPrime Ltd. (United Kingdom), Meridius Medical Ltd . (United Kingdom), Suzhou Hualun Medical Appliance Co,.Ltd (China), Cloud and Dragon Company Ltd. (Vietnam), Asia-med GmbH (Germany), Cosmolife Co. Ltd. (South Korea) and Changchun AIK Medical Devices Co., Ltd. (China) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Regulatory Insights:
The Federal Food, Drug, and Cosmetic Act (150) covers the labeling of medicines and devices, including acupuncture needles and equipment. In 1973, acupuncture was declared by the Food and Drug Administration to be a method of treatment for investigational use by licensed practitioners only until "substantial scientific evidence is obtained by valid research studies supporting the safety and therapeutic usefulness of acupuncture devices".
Market Drivers
- The demand for acupuncture for the benefits in treating conditions like musculoskeletal problems such as back pain, neck pain, insomnia, etc. The acupuncture improves the body's functions and boosts the natural self-healing process by pressing the acupuncture points or acupoints.
Market Trend
- Increasing Consumption of Acupuncture Needle in China
- Introduction of Disposable Acupuncture Needle with Various Types of Handles
Restraints
- The Problems Associated with Management of Acupuncture Needle Waste
- Use of Acupuncture Needle in Patients with Bleeding Disorder
Opportunities
Improved Packaging and Labeling of Acupuncture Needle and Online Availability of Acupuncture Needle will Boost the Market
Challenges
Unsterilized Acupuncture Needle used in Treatment Might Hinder the Marke
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Acupuncture Needle Study Sheds Light on
The Acupuncture Needle Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Acupuncture Needle industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Acupuncture Needle industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.