Market Overview:
The global acupuncture electrical stimulation equipment market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of chronic diseases, rising awareness about the benefits of acupuncture, and technological advancements in acupuncture electrical stimulation equipment. Based on type, the global acupuncture electrical stimulation equipment market is segmented into electrical acupoint stimulator, acupuncture needle, and acupuncture detector (pressure probe). The electric acupoint stimulator segment is expected to grow at a higher CAGR than other segments during the forecast period. This can be attributed to its growing popularity among patients for pain relief and other therapeutic benefits. Based on application, the global market is segmented into pain syndrome, gynecological diseases, mental illness, and other applications. The pain syndrome segment accounts for a major share of this market owing to high prevalence of chronic pain across different regions worldwide.
Product Definition:
Acupuncture electrical stimulation equipment is a device that uses electricity to stimulate acupuncture points. The importance of acupuncture electrical stimulation equipment is that it can help to improve the effectiveness of acupuncture treatments.
Electrical Acupoint Stimulator:
Electrical acupoint stimulator is a device that uses low power electrical current to stimulate acupuncture meridians for therapeutic effect. It has been used in traditional Chinese medicine for thousands of years and is now being utilized in modern day acupuncture as well.
Acupuncture Needle:
Acupuncture needle is a thin, hollow, metal or plastic tube used in Traditional Chinese Medicine (TCM) for the treatment of chronic pain and various diseases. The acupuncture needle is inserted into the skin along with an attached thread to allow withdrawal of blood samples for diagnostic purposes.
Application Insights:
The pain syndrome segment dominated the global acupuncture electrical stimulation equipment market in 2017. This can be attributed to the rising prevalence of chronic pain disorders, which are becoming a major healthcare concern worldwide. According to WHO, around 1 in 5 adults suffer from chronic pains and these disorders affect nearly half of the population above 60 years of age. Various studies have also indicated that about 20% to 30% of patients visiting primary healthcare clinics suffer from acute pains and 90% to 100%of such patients experience some form of chronic pain after suffering for 6 months or longer. Thus, increasing incidence rates for various typesof acute as well as chronic pains is expectedto drive demand for acupoint stimulators over the forecast period.
Regional Analysis:
Asia Pacific dominated the global acupuncture electrical stimulation equipment market in 2017. This can be attributed to increasing prevalence of chronic diseases, rising awareness about alternative treatment options, and availability of advanced products in this region. Moreover, increasing number of patients from developing countries are coming to China for medical treatments is also expected to drive the regional market during the forecast period.
In addition, growing interest among healthcare professionals towards acupuncture as a viable treatment option is anticipated to fuel demand for such devices over the forecast period. For instance, according to a study published by National Center for Biotechnology Information (NCBI), from January 2014 till December 2015 approximately 1 million articles were indexed related with Chinese herbs and acupuncture therapy which is an indication of its growing popularity amongst researchers as well practitioners alike during this time span.
Growth Factors:
- Increasing demand for non-invasive and painless treatment methods
- Growing awareness about the benefits of acupuncture electrical stimulation
- Rising number of acupuncturists and other healthcare professionals who are using acupuncture electrical stimulation equipment
- Technological advancements that have made acupuncture electrical stimulation equipment more efficient and user-friendly
- Growing popularity of complementary and alternative medicine therapies
Scope Of The Report
Report Attributes
Report Details
Report Title
Acupuncture Electrical Stimulation Equipment Market Research Report
By Type
Electrical Acupoint Stimulator, Acupuncture Needle, Acupuncture Detector (Pressure Probe), Other
By Application
Pain Syndrome, Gynecological Diseases, Mental Illness, Other
By Companies
B Scientific GmbH, Asia-med GmbH, SEIRIN Corporation, Wuxi Jiajian Medical Instruments, Zepter International, Schwa-medico GmbH, MKW Laser system GmbH, Finesun Worldwide Group, Sedatelec
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
156
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Acupuncture Electrical Stimulation Equipment Market Report Segments:
The global Acupuncture Electrical Stimulation Equipment market is segmented on the basis of:
Types
Electrical Acupoint Stimulator, Acupuncture Needle, Acupuncture Detector (Pressure Probe), Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pain Syndrome, Gynecological Diseases, Mental Illness, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- B Scientific GmbH
- Asia-med GmbH
- SEIRIN Corporation
- Wuxi Jiajian Medical Instruments
- Zepter International
- Schwa-medico GmbH
- MKW Laser system GmbH
- Finesun Worldwide Group
- Sedatelec
Highlights of The Acupuncture Electrical Stimulation Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Electrical Acupoint Stimulator
- Acupuncture Needle
- Acupuncture Detector (Pressure Probe)
- Other
- By Application:
- Pain Syndrome
- Gynecological Diseases
- Mental Illness
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Acupuncture Electrical Stimulation Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Acupuncture electrical stimulation equipment is a medical device that uses low-voltage electrical currents to treat pain. Acupuncture electrical stimulation equipment is used in conjunction with traditional acupuncture techniques to treat various conditions, including pain relief and improved function.
Some of the major companies in the acupuncture electrical stimulation equipment market are B Scientific GmbH, Asia-med GmbH, SEIRIN Corporation, Wuxi Jiajian Medical Instruments, Zepter International, Schwa-medico GmbH, MKW Laser system GmbH, Finesun Worldwide Group, Sedatelec.
The acupuncture electrical stimulation equipment market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Acupuncture Electrical Stimulation Equipment Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Acupuncture Electrical Stimulation Equipment Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Acupuncture Electrical Stimulation Equipment Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Acupuncture Electrical Stimulation Equipment Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Acupuncture Electrical Stimulation Equipment Market Size & Forecast, 2020-2028 4.5.1 Acupuncture Electrical Stimulation Equipment Market Size and Y-o-Y Growth 4.5.2 Acupuncture Electrical Stimulation Equipment Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Electrical Acupoint Stimulator
5.2.2 Acupuncture Needle
5.2.3 Acupuncture Detector (Pressure Probe)
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Pain Syndrome
6.2.2 Gynecological Diseases
6.2.3 Mental Illness
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Acupuncture Electrical Stimulation Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Acupuncture Electrical Stimulation Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Electrical Acupoint Stimulator
9.6.2 Acupuncture Needle
9.6.3 Acupuncture Detector (Pressure Probe)
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Pain Syndrome
9.10.2 Gynecological Diseases
9.10.3 Mental Illness
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Electrical Acupoint Stimulator
10.6.2 Acupuncture Needle
10.6.3 Acupuncture Detector (Pressure Probe)
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Pain Syndrome
10.10.2 Gynecological Diseases
10.10.3 Mental Illness
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Electrical Acupoint Stimulator
11.6.2 Acupuncture Needle
11.6.3 Acupuncture Detector (Pressure Probe)
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Pain Syndrome
11.10.2 Gynecological Diseases
11.10.3 Mental Illness
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Electrical Acupoint Stimulator
12.6.2 Acupuncture Needle
12.6.3 Acupuncture Detector (Pressure Probe)
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Pain Syndrome
12.10.2 Gynecological Diseases
12.10.3 Mental Illness
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Electrical Acupoint Stimulator
13.6.2 Acupuncture Needle
13.6.3 Acupuncture Detector (Pressure Probe)
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Pain Syndrome
13.10.2 Gynecological Diseases
13.10.3 Mental Illness
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Acupuncture Electrical Stimulation Equipment Market: Competitive Dashboard
14.2 Global Acupuncture Electrical Stimulation Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 B Scientific GmbH
14.3.2 Asia-med GmbH
14.3.3 SEIRIN Corporation
14.3.4 Wuxi Jiajian Medical Instruments
14.3.5 Zepter International
14.3.6 Schwa-medico GmbH
14.3.7 MKW Laser system GmbH
14.3.8 Finesun Worldwide Group
14.3.9 Sedatelec