Disposable Sterile Acupuncture Needles Market to Hit 180 Million US$ by 2025: QY Research, Inc.
Los Angeles, CA -- (SBWire) -- 05/16/2019 --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.
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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.
The global Disposable Sterile Acupuncture Needles market was 110 million US$ in 2018 and is expected to 180 million US$ by the end of 2025, growing at a CAGR of 6.5% between 2019 and 2025.
This report studies the Disposable Sterile Acupuncture Needles market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Disposable Sterile Acupuncture Needles in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Cloud & Dragon
By the product type, the market is primarily split into
Steel Handle Needles
Plastic Handle Needle
By the end users/application, this report covers the following segments
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of Central & South America
Middle East & Africa
Rest of Middle East & Africa
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