Acupuncture Electrical Stimulation Equipment Market Scope
Rapidly changing lifestyles and increasing aging population are key factors behind the majority of chronic conditions such as pain, mental disease, and cancer-associated symptoms leading to the adoption of alternative therapies such as acupuncture and traditional herbs. Rising demand for acupuncture services by patients in hospitals and surging independent acupuncture clinics and wellness centers are boosting the acupuncture electrical stimulation equipment market
Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Acupuncture Electrical Stimulation Equipment market throughout the predicted period.
3B Scientific GmbH (Germany), Asia-med GmbH (Germany), SEIRIN Corporation (Japan), Wuxi Jiajian Medical Instruments (China), Zepter International (Switzerland), Schwa-medico GmbH (Germany), MKW Laser system GmbH (Germany) and Sedatelec SA (France) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are .Cymedics GmbH & Co. KG (Germany) and Qingdao Great Fortune Co., Ltd (China).
Segmentation Overview
The study have segmented the market of Global Acupuncture Electrical Stimulation Equipment market by Type (Electrical Acupoint Stimulator, Acupuncture Needle, Acupuncture Detector (Pressure Probe) and Other), by Application (Pain syndrome illnesses, Gynecological Disorders, Psychological illnesses and Others) and Region with country level break-up.
On the basis of geography, the market of Acupuncture Electrical Stimulation Equipment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Technological Advancement in Acupuncture Treatment
Market Growth Drivers:
Rising Prevalence Of Chronic Pain And Gynecological Disorders and Increasing Demand for Acupuncture Services by Patients in Hospitals
Challenges:
Lack of Awareness in Underdeveloped Countries
Restraints:
Lack Of Approved Clinical Support
Opportunities:
Growing Independent Acupuncture Clinics and Wellness Centers and High Potential in Emerging Markets
In March 2020, Ora Acupuncture a recently established Acupuncture center commenced operation new York USA.
Key Target Audience
Acupuncture Electrical Stimulation Equipment Manufacturers, Acupuncture Electrical Stimulation Equipment Suppliers/ Distributors, Raw Material Suppliers, End-User Industries, Potential Investors and Others
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.