Worldwide Acupuncture Industry to 2028 - Key Drivers, Restraints and Opportunities - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Global Acupuncture Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2021-2028" report has been added to ResearchAndMarkets.com's offering.

This market research report offers comprehensive analysis in terms of global industry trends, revenue, market share, segmentation, and geographical analysis for the global Acupuncture market.

The report encompasses historic market data and also enlightens the progress of the Acupuncture market for the forecast period of 2021-2028. Key parameters such as market drivers, restraints, and opportunities are enlightened in detail for this market.

Market Segmentation

This Acupuncture market report is packed with a detailed analysis of its segmentation which is scoped and constructed by understanding the supply and demand side of the overall market.

Each market segment and its sub-segments is provided with its market share and revenue along with its projection over the forecast period. Furthermore, an in-depth analysis of major market players has been summarized in the current market report.

Target Audience Acupuncture Market has been segmented into:

• Medical Device Manufacturers
• Medical Device Suppliers and Distributors
• Government Research Institutes
• Academic Institutes and Universities

By End-User Acupuncture Market has been segmented into:

• Hospitals and specialty clinics
• Wellness centers
• Research and academic institutions

Regions and Countries Level Analysis

Geographical analysis, one of the major aspects of the report provides thorough information on the major revenue-generating region, major growth factors, regional presence of key market players, and other factors affecting the growth of the market. Revenue and market shares are also provided for major revenue contributing countries within each region.

The report offers an in-depth assessment of the growth and other aspects of the Acupuncture market in important countries (regions), including:

• North America (the United States, and Canada)
• Europe (Germany, France, UK, Spain, Italy and Rest of Europe)
• Asia-Pacific (China, Japan, India, and Rest of APAC)
• Rest of the World (the Middle East & Africa, Latin America and Rest of World)

Competitive Analysis

These market players are listed based on their overall revenue, product offerings, business segments, research expenditure, and geographical presence. Detailed information about their financial performance, business expansion, SWOT analysis, and key strategies are covered in the report. Moreover, this report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO impact analysis for the Acupuncture market.

The major players covered in the Acupuncture Market are:

• Wuxi Jiajian Medical Instruments Co., Ltd
• Schwa-medico Gmb H
• 3B Scientific Gmb H
• SEIRIN Corporation
• Zepter International
• Cymedics Gmb H & Co. KG
• MKW Laser system Gmb H
• Asia-Med Gmb H

COVID-19 Analysis

The SARS-Co V-2 virus, which is appeared as an unknown pneumonia-like disease in December 2019, gained the status of a global pandemic, by March 2020. Like all other industries, life science sector is also severely hit by COVID-19 pandemic.

This is mainly caused by a drop in healthcare provider and reduced patient interactions as hospitals shifted their resources toward COVID-19. As the industry shifted its attention towards developing a pandemic cure, many patients around the world started avoiding healthcare facility visits and postponed preventative care, which in turn dampened the demand for non-COVID-19 products and trials.

For instance, since April 2020 nearly 70% of clinical trials have been affected due to suspension of enrollment and almost 13% have experienced delayed trials. However, rapid change in strategies by major market players considering the existence of pandemic conditions will boost the market growth over the forecast period.

Key Reasons to Purchase this Report

• It provides a technological development map over time to understand the growth rate of the industry and indicates How the Acupuncture market is evolving?
• The report offers a dynamic method to various factors that drive or restrain the growth of the market and specify which Acupuncture submarket will be the main driver of the overall market from 2019-2028?
• It renders a definite analysis for changing competitive dynamics and stipulates the leading players and what are their prospects over the forecast period?
• It builds a seven-year estimate based on how the market is predicted to grow and shows what will market shares of the national markets change by 2028 and which nation will lead the market in 2028?

For more information about this report visit https://www.researchandmarkets.com/r/36egqf