Acupuncture Needles Market Trends, Analysis, Outlook and Future ScopeA Chapter by Markets InsightsThe global acupuncture needles market size was valued at USD 102.1 million in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 8.0% from 2020 to 2027.The
global Acupuncture Needles Market size
is expected to reach USD 187.8 million by 2027, expanding at a CAGR of 8.0%,
according to a new report by Grand View Research, Inc. The increase in the
adoption of sedentary lifestyles, growing geriatric population, and rising
incidence of emotional disorders are the key factors driving the market. Acupuncture
is a traditional healing practice derived from traditional medical practice in
China. The treatment involves placing thin needles at specific
pressure points of the body. This technique helps in reducing the pain caused
due to several conditions such as joint conditions, headache, body pain due to
surgeries and chronic disorders, migraines, menstrual cramps, and paralysis. It
is also known for treating certain major issues such as emotional disorders,
nausea, speech disorders, digestive disorders, respiratory conditions, and
insomnia. Acupuncture also helps to get rid of certain harmful addictions such
as smoking and alcohol consumption. The
rising cases of emotional disorders and chronic conditions are the major
factors boosting the market growth. According to the report published by the
National Council for Behavioral Health in 2019, in the U.S. almost half of the
population suffers from some kind of mental illness throughout their lifetime.
It also reported that around 5.0% of the adults in the country experience
mental disorder in any one year, which is almost 43.8 million people in the
U.S. As per the National Center for Biotechnology Information (NCBI),
acupuncture and energy psychology together work efficiently in the treatment
and diagnosis of emotional disorders without causing any severe side-effects.
Therefore, such advantages and usefulness of this technique have encouraged
many people across the globe, to opt for this technique for the treatment of
such emotional conditions. Thus, considerable market growth is anticipated over
the forecast period. Request
a free sample copy or view report summary: Acupuncture Needles
Market Report Acupuncture
Needles Market Report Highlights
© 2020 Markets Insights |
Stats
33 Views
Added on October 16, 2020 Last Updated on October 16, 2020 Tags: Acupuncture Needles Market AuthorMarkets InsightsFelton, CAAboutAbout Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer c.. more..Writing
|