Europe Acupuncture Needles Market Size & Outlook, 2023-2030
The acupuncture needles market in Europe is expected to reach a projected revenue of US$ 152.0 million by 2030. A compound annual growth rate of 9.4% is expected of Europe acupuncture needles market from 2024 to 2030.
- HC Supplies
- Medical Consumables
- Acupuncture Needles Market Outlook
- Medical Consumables
Revenue, 2023 (US$M)
$81.2
Forecast, 2030 (US$M)
$152.0
CAGR, 2024 - 2030
9.4%
Report Coverage
Europe
Europe Acupuncture Needles Market, 2018-2030 (US$M)
Global Market
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Europe acupuncture needles market highlights
- The Europe acupuncture needles market generated a revenue of USD 81.2 million in 2023.
- The market is expected to grow at a CAGR of 9.4% from 2024 to 2030.
- In terms of segment, disposable needles was the largest revenue generating product in 2023.
- Disposable Needles is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 81.2 million |
| Market revenue in 2030 | USD 152.0 million |
| Growth rate | 9.4% (CAGR from 2023 to 2030) |
| Largest segment | Disposable needles |
| Fastest growing segment | Disposable Needles |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Disposable Needles, Non-disposable Needles |
| Key market players worldwide | Dana Inc, 3B Scientific, AcuMedic, asia-med, Seirin, Suzhou MedicalSystem Technology, Jiajian Medical |
Other key industry trends
- In terms of revenue, Europe region accounted for 27.2% of the global acupuncture needles market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 152.0 million by 2030.
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Acupuncture Needles Market Scope
Acupuncture Needles Market segmentation & scope
Acupuncture Needles Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Dana Inc | View profile | 42,000 | 3939 Technology Drive, Maumee, OH, United States, 43537 | www.dana.com |
| 3B Scientific | View profile | 501-1000 | Hamburg, Hamburg, Germany, Europe | www.a3bs.com |
| AcuMedic | View profile | 11-50 | London, England, United Kingdom, Europe | www.acumedic.com |
| asia-med | View profile | 11-50 | Pullach, Bayern, Germany, Europe | www.asiamed.com |
| Seirin | View profile | 51-100 | Shizuoka, Shizuoka, Japan, Asia | www.seirin.jp |
| Suzhou MedicalSystem Technology | View profile | 501-1000 | Suzhou, Jiangsu, China, Asia | www.medicalsystem.com.cn/ |
| Jiajian Medical | View profile | - | - | - |
Europe Acupuncture Needles Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Acupuncture Needles Market Outlook will help companies and investors design strategic landscapes.
Disposable Needles was the largest segment with a revenue share of 59.11% in 2023.
Horizon Databook has segmented the Europe acupuncture needles market based on disposable needles, non-disposable needles covering the revenue growth of each sub-segment from 2018 to 2030.
- Europe Acupuncture Needles Market Product Outlook (Revenue, USD Million , 2018-2030)
- Disposable Needles
- Non-disposable Needles
- Europe Acupuncture Needles Market Material Outlook (Revenue, USD Million , 2018-2030)
- Stainless Steel
- Silver
- Others (Gold, Plastic, Copper)
- Europe Acupuncture Needles Market End Use Outlook (Revenue, USD Million , 2018-2030)
- Clinics
- Hospitals
- Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe Acupuncture Needles Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Europe Acupuncture Needles Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Europe Acupuncture Needles Market, 2018-2030 (US$M)
Europe acupuncture needles market statistics, by product, 2018-2030 (US$M)
