Overview

Acupuncture Market is estimated to value over USD 187 million by 2027 end with a CAGR of over 8.1% during the forecast period 2020 to 2027.

Growing geriatric population, rapidly changing lifestyles, a wide range of benefits of acupuncture like reduction in stress and anxiety, weight loss, sciatica, sinus congestion, migraine, nausea, insomnia, headaches, back and neck pain, arthritis, etc are some of the major factors responsible for the growth of the market. Acupuncture has proven to be useful in curing gynaecological disorders like menopause, PCOS, PMS, infertility and with the rising prevalence of chronic ­disorders, it is expected that the acupuncture market growth shall increase substantially over the forecasted timeframe. Furthermore, geriatric population is likely to be associated with health complications and a soaring geriatric population shall bolster the proliferation of the market. Additionally, acupuncture does not any side effects when compared to conventional medications and is the least invasive procedure, which is highly preferred by the patients, thereby increasing the acupuncture market demand.

According to the data provided by the World Health Organization, over 75% of WHO members have legally adopted the usage of acupuncture. These member states have established regulations and national policies on conventional medicines. Additionally, over 27% of the countries surveyed have adopted many TCM learning programs. For instance, the British government have identified the acupuncture treatment by officialising it as a standard system for healthcare in 2000. The department of health in the United Kingdom have established the regulatory working groups for acupuncture to make regulatory recommendations on acupuncturists. Such initiatives shall propel the market growth.  

Acupuncture Market

Acupuncture Market Segmentation:

By Service Type

  • Needle Acupuncture
  • Electroacupuncture
  • Auricular Acupuncture
  • Moxibustion
  • Cupping
  • Others

By Application

  • Musculoskeletal Conditions
  • Fatigue and CNS Conditions
  • Respiratory Conditions
  • Digestive Conditions
  • Other Conditions

By End User

  • Hospitals
  • Clinics
  • Wellness Centers

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

The market is classified into service type, application, end user and region. The service type segment is categorised into needle acupuncture, electroacupuncture, auricular acupuncture, moxibustion, cupping and others.  The application segment is fragmented into musculoskeletal conditions, fatigue and CNS conditions, respiratory conditions, digestive conditions, and other conditions. The musculoskeletal condition segment is anticipated to hold the largest acupuncture market share owing to a rapidly increasing population experiencing stress related disorders with a sedentary lifestyle and odd working hours. The end user segment is diversified into hospitals, clinics and wellness centres. The hospitals segment is predicted to lead the market due to advancements in hospital infrastructure, rise in the number of multispecialty hospitals.

Regional Analysis:

The Asia Pacific region is projected to lead the market during the forecasted timeframe, and this is due to the rising acceptance of acupuncture therapy, rising preference in using traditional treatments like acupuncture in the region. Furthermore, acupuncture therapy is insured by health insurance companies in countries like India, Japan and China which has increased the adoption of this therapy in the region.

Competitive Landscape:                           

Some of the major market players associated are Seirin Corporation, Empecs Medical Co. Ltd., Suzhou Tianxie Acupuncture Instruments Co. Ltd., AcuMedic Ltd., Qingdao Great Fortune Co. Ltd., AcuSupply Inc., 3B Scientific GmbH, Lhasa OMS Inc., Asia Med GMbH, Cogmedix Inc.

FutureWise Key Takeaways:

  • Growth prospects
  • SWOT analysis
  • Key market trends
  • Key data-points affecting market growth

Objectives of the Study:

  • To provide with an exhaustive analysis on the global acupuncture market by service type, by application, by end user and by region
  • To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
  • To evaluate and forecast micro-markets and the overall market
  • To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific, Latin America and Middle East and Africa
  • To record, evaluate and analyze competitive landscape mapping- product launches, technological advancements, mergers, and expansions

Flexible Delivery Model:

  • We have a flexible delivery model and you can suggest changes in the scope/table of content as per your requirement
  • The customization Mobility Care offered are free of charge with purchase of any license of the report
  • You can directly share your requirements/changes to the current table of content to: sales@futurewiseresearch.com

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What you get


  • Excel Dataset

  • Infographics

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  • Market Overview

  • PowerPoint Presentation

What's included


  • Consumer Perception and Procurement

  • Competitive Analysis

  • What’s Next

  • Market Data Forecast

  • Risks and Opportunity Assessment

  • Market Trends and Dynamics