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Global Disposable Sterile Acupuncture Needles Market Growth 2019-2024

Global Disposable Sterile Acupuncture Needles Market Growth 2019-2024

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Global Disposable Sterile Acupuncture Needles Market Growth 2019-2024
Global Disposable Sterile Acupuncture Needles...
Report Code
RO1/109/1700

Publish Date
15/Feb/2019

Pages
137
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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.


According to this study, over the next five years the Disposable Sterile Acupuncture Needles market will register a 6.5% CAGR in terms of revenue, the global market size will reach USD 160 million by 2024, from USD 110 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Disposable Sterile Acupuncture Needles business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Disposable Sterile Acupuncture Needles market by product type, application, key manufacturers and key regions and countries.

This study considers the Disposable Sterile Acupuncture Needles value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Steel Handle Needles
Plastic Handle Needle
Other
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Hospital
Clinic
Household
Other

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Empecs
SEIRIN
Dongbang
Suzhou Medical
Suzhou Acupuncture
Asiamed
Wuxi Jiajian
Cloud & Dragon
AIK Medical

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Disposable Sterile Acupuncture Needles consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Disposable Sterile Acupuncture Needles market by identifying its various subsegments.
Focuses on the key global Disposable Sterile Acupuncture Needles manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Disposable Sterile Acupuncture Needles with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Disposable Sterile Acupuncture Needles submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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