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The acupuncture market size is estimated to grow by USD 19.97 billion at a CAGR of 14.62% between 2023 and 2028. The market is primarily driven by the increasing prevalence of health issues among the aging population, including neurological disorders, low back pain, and knee discomfort. Acupuncture has emerged as an effective therapeutic modality for managing these conditions, providing relief and improving overall health. Its benefits extend beyond physical ailments, as it is also used in smoking cessation and nicotine de-addiction. Given the rising incidence of these health issues among the elderly, acupuncture's holistic approach is increasingly important in physiotherapy. With its proven effectiveness and growing acceptance, acupuncture plays a crucial role in addressing the healthcare needs of an aging demographic, thereby fueling the market's continued growth.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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