01 The market for acupuncture medical devices such as syringe needles, biopsy needles, and treatment needles is an important part of the global healthcare industry and is a dynamic and growing field. It is characterized by constant technological advances, regulatory changes, and changing consumer preferences. The growth of this market is driven by several factors, including the aging of the global population, the increasing prevalence of chronic diseases, global vaccination, and the continued demand for enhanced access to minimally invasive surgery.
02 Just taking biopsy acupuncture as an example, the global biopsy needle market size will reach $1.2057 billion in 2023, and by 2031, the relevant tissue analysis predicts that the market size of biopsy needles will reach $2.03526 billion. The compound annual growth rate reached 6.60%. At the same time, as early as 2021, China has become the world's second largest producer of acupuncture medical devices.
03 There are currently two ways to produce high-quality medical acupuncture in China: relying on special processing equipment imported from abroad or using a large number of manual production. Both production modes have the problems of high cost and limited technical input due to the complex international situation, or changes in the form of human resources and large employment gaps. Domestic medical acupuncture enterprises are in urgent need of new medical acupuncture processing equipment and production technology innovation in order to better respond to market demand.
