Definition
The most popular uses of acupuncture are for pain relief and general health. Remaining well lowers the likelihood of falling unwell. The tenet of acupuncture is the use of tiny needles or pressure to particular body spots. It is a medical treatment and philosophy system. This treatment plan has its roots in traditional Chinese medicine (TCM), which draws its philosophical underpinnings from Taoism and Confucianism. This theory holds that qi, which translates to "vital energy" and includes the yin/yang duality that permeates all physical reality, is what determines one's state of health. In addition to outlining the physiology and mechanism of action of acupuncture, this exercise emphasizes the need of interprofessional healthcare providers in teaching patients pain management techniques.
Acupuncture offers treatment for a wide range of conditions and indications.  The effectiveness of acupuncture has been the subject of several investigations, but only a small number of historic, excellent randomized controlled trials have been conducted. Treatments for acupuncture encompass mental problems, dyspepsia, pain, allergies, hot flashes, difficulties breathing, and even tobacco usage.  Primarily, acupuncture is safe.  Although they sometimes go away very fast after the acupuncture needle is removed, local side effects are possible. Adults with chronic, non-cancerous pain are most frequently treated with acupuncture.

Key Players
 

• ARC Acupuncture & Physical Therapy (United States)
• Ayush Ayurvedic Pte Ltd. (India)
• Chiropuncture, Inc. (United States)
• Columbia Nutritional (United States)
• Empecs Medical Co. Ltd. (Korea)
• Green Cross Corp (South Korea)
• Helio USA Inc. (United States)
• Herb Pharm (United States)
• Herbal Hills (India)
• LKK Health Products Group (China)
• Modern Acupuncture (United States)
• NatureKue, Inc. (India)
• Nordic Nutraceuticals (Denmark)
• Pure Encapsulations, Inc. (United Kingdom)
• Seirin Corporation (Japan)
• Suzhou Tianxie Acupuncture Instruments Co. Ltd. (China)

Segmentation

By Type

• Traditional Needle Acupuncture
• Needleless Acupuncture
• Electric Stimulation & Microcurrent
• Community Acupuncture

By Process

• Heat (moxibustion)
• Pressure (acupressure)
• Friction
• Suction (cupping)
• Impulses of electromagnetic energy

By Application

• Low back pain
• Neck pain
• Osteoarthritis (OA)
• Knee pain
• Headache

Market Dynamics
Drivers
Acupuncture offers several noteworthy benefits that could propel the market expansion. A popular alternative therapy that can assist patients in managing a wide range of ailments is acupuncture. Acupuncture can be successfully combined with other forms of treatment. Acupuncture that works well can help control chronic pain.Headaches, migraine, and Reliable Source. There's little chance of adverse consequences with acupuncture. It is a versatile treatment that can address multiple health issues concurrently.
Acupuncture therapy for the management of persistent pain, including low back pain and arthritis. Nonetheless, acupuncture is used more widely in other regions of the world. Acupuncture has the potential to be an effective treatment for several ailments, such as immune system disorders, infertility, and menopausal symptoms.

Restraints
There are certain risks connected to acupuncture treatments that could lead to market limitation. At the insertion sites, there may be discomfort, bleeding, and bruises. Needles that are not sterilized can cause infection. Rarely, an internal organ may sustain injury from a broken needle.
During treatment, pain may result from incorrect needle insertion. Sterilization of needles is necessary to avoid infection. It is crucial to seek care from a licensed acupuncture practitioner for this reason. Acupuncture needles are subject to good manufacturing practices and single-use sterility standards under FDA regulation, much like other medical devices. Acupuncture administered by unlicensed professionals may be dangerous. Infections, organ punctures, and damage to the central nervous system can result from using non-sterile needles or from an inexperienced healthcare provider.
 

Opportunity
The market can grow if more studies and clinical trials are conducted to determine whether acupuncture is beneficial for a range of ailments. Acupuncture opens up new business opportunities when it is incorporated into holistic healthcare practices and corporate wellness initiatives. expansion into unexplored markets, especially in developing nations where acupuncture is becoming more and more popular. Working together, acupuncturists and traditional medical professionals can provide patients with more thorough treatment and greater acceptance.
Acupuncture diagnosis has distinct traits as well. Due to the aforementioned qualities, pulse testing is used to identify the meridians' states by focusing on the tongue's characteristics. In addition to signals and symptoms, it requires an excessive amount of research and practice. There are many situations that exist between the manipulation of the acupuncture needle and the diagnostic of the tongue and pulse.

Recent Industry Insight
 

• On Nov. 2023, BMJ is launching the first tranche of a special collection of articles documenting the progress of acupuncture research.
   

Recent Merger and Acquisition

• On July 2023, Symposia Acquires Moxa, the Leading Acupressure App, from Point Wellness

Key Target Audience
End User
Potential Investors
New Entrants
Innovation and R&D
Suppliers and Manufacturers
Others