Global Acupuncture Needles Market Size & Outlook
Global acupuncture needles market, 2018-2030 (US$M)
Related Markets
Global acupuncture needles market highlights
- The global acupuncture needles market generated a revenue of USD 297.9 million in 2023 and is expected to reach USD 534.1 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 8.7% by 2030.
- In terms of segment, disposable needles accounted for a revenue of USD 173.4 million in 2023.
- Disposable Needles is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 297.9 million |
| Market revenue in 2030 | USD 534.1 million |
| Growth rate | 8.7% (CAGR from 2023 to 2030) |
| Largest segment | Disposable needles |
| Fastest growing segment | Disposable Needles |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Disposable Needles, Non-disposable Needles |
Other key industry trends
- In terms of revenue, the North America accounted for 16.3% of the global acupuncture needles market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 4.4 million by 2030.
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Acupuncture Needles Market Scope
Acupuncture Needles Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global acupuncture needles market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to acupuncture needles market will help companies and investors design strategic landscapes.
Disposable needles was the largest segment with a revenue share of 58.21% in 2023. Horizon Databook has segmented the Global acupuncture needles market based on disposable needles, non-disposable needles covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Acupuncture Needles Product Outlook (Revenue, USD Million, 2018-2030)
- Disposable Needles
- Non-disposable Needles
- Global Acupuncture Needles Material Outlook (Revenue, USD Million, 2018-2030)
- Stainless Steel
- Silver
- Others (Gold, Plastic, Copper)
- Global Acupuncture Needles End Use Outlook (Revenue, USD Million, 2018-2030)
- Clinics
- Hospitals
- Others
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Horizon Databook provides a detailed overview of global-level data and insights on the Global acupuncture needles market , including forecasts for subscribers. This global databook contains high-level insights into Global acupuncture needles market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global acupuncture needles market size, by regions, 2018-2030 (US$M)
Top 10 countries: Acupuncture needles market size, 2023 (US$M)
Global acupuncture needles market share, by product, 2023 & 2030 (%, US$M)
Acupuncture needles market: Opportunity assessment by country
Global acupuncture needles market, by region, 2023 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 36.1 | 38.9 | 38.2 | 41.3 | 44.7 | 48.5 | 52.7 | 57.4 | 62.6 | 68.4 | 75.0 | 82.3 | 90.6 | 9.4% |
| Europe | 60.4 | 65.0 | 64.0 | 69.1 | 74.8 | 81.2 | 88.2 | 96.1 | 104.9 | 114.7 | 125.7 | 138.1 | 152.0 | 9.4% |
| Asia Pacific | 103.3 | 110.2 | 107.4 | 115.1 | 123.5 | 132.9 | 143.2 | 154.7 | 167.4 | 181.6 | 197.4 | 214.9 | 234.6 | 8.5% |
| Latin America | 18.1 | 19.1 | 18.5 | 19.7 | 21.0 | 22.4 | 23.9 | 25.6 | 27.5 | 29.6 | 31.9 | 34.5 | 37.3 | 7.6% |
| MEA | 11.2 | 11.7 | 11.2 | 11.8 | 12.4 | 13.1 | 13.8 | 14.6 | 15.4 | 16.4 | 17.4 | 18.5 | 19.7 | 6.1% |
| Overall | 229.1 | 244.9 | 239.3 | 256.9 | 276.4 | 297.9 | 321.8 | 348.4 | 377.9 | 410.7 | 447.4 | 488.3 | 534.1 | 8.7% |
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