QYResearch he global Acupuncture Needles(针灸针)market size is about 117 million USD
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QYResearch: The global Acupuncture Needles market size is about 117 million USD
Acupuncture Needles has its origin from China. It involves the insertions of thin needles into certain locations of the human body. These locations are generally termed as acupuncture points and form the main focus of the acupuncture treatment. The procedure may also involve the application of pressure, heat or laser light at the acupuncture points.
In the last several years, the development of the Acupuncture Needles market is fast
with an average growth rate of 7.14%. In 2016, the global market of Acupuncture
Needles is about 85 million USD, while the actual production is more than 8.8 billion pcs.
With the supportive policies and popular of Chinese Medical, the development of Acupuncture Needles will be fast in the next several years. In 2022, the market is expected to be 117 million USD, with 13.8 billion unit Acupuncture Needles.
The Acupuncture Needles market concentration is relative highly, there are only several manufacturers with a considerable production (certain million pcs) in the world, and most manufacturers’ plants are located in China.