Due to the COVID-19 pandemic, the global Acupuncture Needles market size is estimated to be worth US$ 125 million in 2021 and is forecast to a readjusted size of US$ 200.5 million by 2028 with a CAGR of 6.9% during the forecast period 2022 -2028.
QY Research has recently published a new report, titled Global Acupuncture Needles Market Report, History and Forecast 2017-2028, Breakdown Data by Manufacturers, Key Regions, Types and Application. The report has been put together using primary and secondary research methodologies, which offer an accurate and precise understanding of the Acupuncture Needs market. Analysts have used a top-down and bottom-up approach to evaluate the segments and provide a fair assessment of their impact on the global Acupuncture Needles market. The report offers an overview of the market, which briefly describes the market condition and the leading segments. It also mentions the top players present in the global Acupuncture Needles market.
Global Acupuncture Needles key players include Suzhou Medical, SEIRIN, Empecs, Dongbang, Suzhou Acupuncture, etc. Global top five manufacturers hold a share over 65%.
China is the largest market, with a share over 60%, followed by Europe and Japan, both have a share about 20%.
In terms of product, Disposable Needle is the largest segment, with a share over 90%. And in terms of application, the largest application is Hospitals, followed by Clinics, etc.
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The Acupuncture Needs research report opens with an executive summary that gives a brief overview of the market. It mentions the leading segments and the players that are expected to shape the market in the coming years. The executive summary offers a glance of the market without any bias. In the succeeding chapters, the research report on the global Acupuncture Needs market focuses on the drivers. It explains the changing demographic that is expected to impact demand and supply in Acupuncture Needles market. It delves into the regulatory reforms that are projected to shift perspectives. Additionally, researchers have discussed the very source of the demand to analyze its nature.
The report also sheds light on the restraints present in the global Acupuncture Needles market. Analysts have discussed the details highlighting the factors that are expected to hammer the growth of the market in the coming years. Evolving lifestyles, taxation policies, and purchasing powers of various industries have scrutinized in great detail. The report presents fair points about how these restraints can be turned into opportunities if assessed properly.
Acupuncture Needles Market Competitive Landscape
The last chapter of the research report on the global Acupuncture Needles market focuses on the key players and the competitive landscape present in the market. The report includes a list of strategic initiatives taken by the companies in recent years along with the ones that are expected to happen in the foreseeable future. Researchers have made a note of the financial outlook of these companies, their research and development activities, and their expansion plans for the near future. The research report on the global Acupuncture Needles market is a sincere attempt at giving the readers a comprehensive view of the market to the interested readers.
Segment by Type
Segment by Application
This segment of the report offers a thorough regional study of the global Acupuncture Needles market. Drivers and restraints for each region are broadly examined in the report. Readers will get familiar with the driving forces and challenges that are specific to the regions. The specialists have identified growth opportunities in key geographical regions and their respective countries to aid players to reinforce their presence. All the regions and their countries in the report are assessed based on the growth rate, revenue, and sales volume according to the consumption for the period 2017-2028. This geographical analysis will help readers to gain in-depth knowledge of the regional growth. The key geographical regions surveyed in this research report involve North America, Europe, Asia Pacific, Central and South America, and Middle East and Africa. The report has specifically covered major countries including United States, Canada, Germany, France, UK, Italy, Russia, China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia, Mexico, Brazil, Turkey, Saudi Arabia, UAE, etc.
This section has provided an exhaustive analysis of the strategies that the companies are focusing on to stay ahead of other players. The strategies mainly involve research and development, new product developments, and mergers and acquisitions. The researchers have also provided revenue shares of the key companies, company overview, and the latest company developments so as to help players to sustain the cutthroat competition. In this section, the report offers global revenue and sales data of manufacturers for the period 2017-2022. Following is the list of key manufacturers observed in this research study:
Cloud & Dragon
Questions answered in the report
Which are the five top players of the global Acupuncture Needles market?
How will the global Acupuncture market needs change in the next five years?
Which product and application will take a lion’s share of the global Acupuncture Needles market?
What are the drivers and restraints of the global Acupuncture Needles market?
Which regional market will show the highest growth?
What will be the CAGR and size of the global Acupuncture Needles market throughout the forecast period?
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This release was published on openPR.