The acupuncture needles market may record substantial growth across the forecast period of 2019-2029 due to escalating incidences of complications such as sleep disturbances, psychological disorders, and body pain. Furthermore, the role of acupuncture needles in reducing the risk of disease transmission is enhancing the growth rate of the acupuncture needles market.
The acupuncture needles are available in disposable and non-disposable types. On the basis of material type, the acupuncture needles market can be classified into silver, stainless steel, and gold. Hospitals and clinics are vital end-users of acupuncture needles.
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Heightening Popularity of Alternative Medicine Inviting Significant Growth Prospects
A large chunk of individuals across the globe are now switching to alternative medicine from conventional medicine. Acupuncture is one such therapy. Hence, this aspect may bring tremendous growth opportunities for the acupuncture needles market.
Innovation and Proven Efficacy of Acupuncture Therapy to Expand Growth Prospects
Many studies conducted at various levels have proven the efficacy and benefits of acupuncture therapy. These studies attract considerable populace and bring tremendous growth opportunities for the acupuncture needles market. A recent study presented at the annual Anesthesiology meeting suggested that acupuncture can help in relieving post-surgery pain. Such studies have a massive impact on the growth of the acupuncture needles market.
Acupuncture therapies can also help regulate neurotransmitters and hormonal factors that play a vital role in sleep regulation. Acupuncture needles, when inserted, activate the peripheral nerves and muscles via sensory stimulation. All these benefits serve as prominent growth pillars of the acupuncture needles market.
Asia Pacific to Emerge as Vital Regional Contributor
Among all the regions, Asia Pacific may bag the title of the largest growth-contributing region through the forecast period of 2019-2029. India, China, and Japan are lucrative countries in Asia Pacific that will ensure significant growth prospects. The rise in popularity of medical tourism may also invite profitable growth across the acupuncture needles market in Asia Pacific.
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