Disposable Sterile Acupuncture Needles Market

The global Disposable Sterile Acupuncture Needles market was valued at 129.15 Million USD in 2021 and will grow with a CAGR of 6.49% from 2021 to 2027, based on Research newly published report.

The prime objective of Disposable Sterile Acupuncture Needles Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Disposable Sterile Acupuncture Needles Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Disposable Sterile 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 Disposable Sterile Acupuncture Needles market is fast with an average growth rate of 11.44%. In 2016, the global capacity of Disposable Sterile Acupuncture Needles is about 11.2 billion pcs, while the actual production is more than 9 billion pcs. The Disposable Sterile 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 in China. Asia region is the largest consumption market of Disposable Sterile Acupuncture Needles. In the area, China is the largest supplier and consumption market. Historically, almost all Acupuncture Needles are made from China, the birthplace of Acupuncture Needles and one of the oldest countries. Recent years, the development of Korean and Japan Acupuncture Needles industry bring large press on the Chinese Acupuncture Needles industry. Empecs and Dongbang, the two Korean companies have occupied nearly one third production market. Today, the high-end market of Disposable Sterile Acupuncture Needles is monopoly by SEIRIN, one company from Japan. Due to the lagging manufacturing technology, these Chinese companies can just occupy the low-end market. Thanks to the supportive policies, the Chinese Disposable Sterile Acupuncture Needles industry will get a faster development speed than other regions.

By Market Verdors:

Company A

Company B

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By Types:

Steel Handle Needles

Plastic Handle Needle

By Applications:

Hospital

Clinic

Household

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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