About Biopuncture Treatment
According to the National Centre for Health Statistics, approximately 4 in 10, or 75 million, Americans live with chronic pain (back pain, arthritis, joint pain, tendonitis, shoulder pain, nerve pain, overuse injuries etc). Biopuncture treatment is a natural therapy that involves the injection of dilute botanical and homeopathic substances into areas of acute or chronic pain of the body to stimulate the natural healing response of the body. In this treatment, the injections are done at very specific areas of pain and inflammation to promote a local immune response that stimulates the body’s innate ability to heal itself.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to United States Biopuncture Treatment market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Chiro-Medical Group (United States), NaturalMed Therapies (United States), Roots To Health Naturopathic Clinic (Canada), Acupoint Wellness Centre (Canada), Paramount Wellness (United States) and Arizona Natural Medicine LLC (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of United States Biopuncture Treatment market by Type (Homeopathic medicines, Vitamins and minerals and Plant extracts), Application (Gynecological Disorders, Psychological Disorders, Pain Syndrome illness, Musculoskeletal Disorders, Orthopedic Disorders, Digestive System Problems and Others) and Region.
On the basis of geography, the market of Biopuncture Treatment has been segmented into North America (United States). If we see Market by End-users, the sub-segment i.e. Hospitals will boost the Biopuncture Treatment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increased Research and Development Activities and Increased Acceptance of Alternative Treatments
Market Growth Drivers:
Increased Prevalence of Chronic Diseases among People and Increased Number of Diagnostic Centres and Hospitals in Developing Regions
Challenges:
Stringent Government Rules and Regulations
Restraints:
Side Effects of the Biopuncture Treatment and Less Awareness about Biopuncture Treatment
Opportunities:
Growth in the Healthcare Industry Worldwide and Increasing Investments by Major Players
Market Leaders and their expansionary development strategies
In October 2023, Swiss biopuncture leader YIN YANG Therapeutics announced a strategic partnership with the German research institute Max Planck Institute for Biophysical Chemistry. This collaboration aims to develop new biopuncture formulas based on cutting-edge biophysical research.
On December 5, 2023, Two prominent French biopuncture companies, BioPunct France and Institut BioStim, merged to form a new entity called BioSynergie. This merger is expected to create a major player in the European biopuncture market.
Key Target Audience
Biopuncture Treatment Providers, Emerging Companies, Research Professionals and End-users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.