South Korea Acupuncture Needles Market Size & Outlook
South Korea acupuncture needles market, 2018-2030 (US$M)
Related Markets
South Korea acupuncture needles market highlights
- The South Korea acupuncture needles market generated a revenue of USD 9.2 million in 2023 and is expected to reach USD 16.5 million by 2030.
- The South Korea market is expected to grow at a CAGR of 8.7% from 2024 to 2030.
- In terms of segment, disposable needles was the largest revenue generating product in 2023.
- Disposable Needles is the most lucrative product segment registering the fastest growth during the forecast period.
Acupuncture needles market data book summary
| Market revenue in 2023 | USD 9.2 million |
| Market revenue in 2030 | USD 16.5 million |
| Growth rate | 8.7% (CAGR from 2023 to 2030) |
| Largest segment | Disposable needles |
| Fastest growing segment | Disposable Needles |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Disposable Needles, Non-disposable Needles |
| Key market players worldwide | Dana Inc, 3B Scientific, AcuMedic, asia-med, Seirin, Suzhou MedicalSystem Technology, Jiajian Medical |
Other key industry trends
- In terms of revenue, South Korea accounted for 3.1% of the global acupuncture needles market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China acupuncture needles market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 71.3 million by 2030.
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Acupuncture Needles Market Scope
Acupuncture Needles Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea 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 58.7% in 2023. Horizon Databook has segmented the South Korea acupuncture needles market based on disposable needles, non-disposable needles covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of acupuncture needles market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea acupuncture needles market , including forecasts for subscribers. This country databook contains high-level insights into South Korea acupuncture needles market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea acupuncture needles market size, by product, 2018-2030 (US$M)
South Korea Acupuncture Needles Market Outlook Share, 2023 & 2030 (US$M)
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