Product Code: ETC8833787 | Publication Date: Sep 2024 | Updated Date: Jun 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The acupuncture needles market in the Philippines is supported by the growing popularity of traditional and complementary medicine. Government licensing of acupuncture practitioners and rising consumer openness to alternative therapies contribute to the marketâs steady expansion.
The acupuncture needles market in the Philippines is growing due to a rising interest in alternative medicine and traditional Chinese medical practices. Increasing consumer preference for non-pharmaceutical therapies for pain management, stress reduction, and wellness has led to higher demand for acupuncture services and associated supplies. Clinics and wellness centers across major cities are driving market growth, although regulatory oversight and standardization remain underdeveloped. Awareness campaigns and integration into complementary healthcare systems could enhance market penetration.
The acupuncture needles market faces regulatory challenges regarding sterility and quality standards, impacting product approvals. Competition from cheaper imports affects pricing and local manufacturer profitability. Additionally, cultural acceptance and awareness of acupuncture treatment influence market size.
With the integration of traditional and alternative medicine into mainstream healthcare, acupuncture is gaining popularity in the Philippines. This opens up investment opportunities in the manufacturing, distribution, and certification of high-quality acupuncture needles. Import substitution, compliance with DOH and FDA guidelines, and partnerships with wellness centers and traditional medicine schools can drive market growth. Establishing training programs for licensed practitioners and awareness campaigns on the benefits of acupuncture therapy can also enhance adoption.
Acupuncture and traditional medicine devices are regulated by the Philippine Institute of Traditional and Alternative Health Care (PITAHC) alongside the FDA to ensure quality and safety. The government promotes integrative health approaches and supports certification and training of practitioners.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Acupuncture Needles Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Acupuncture Needles Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Acupuncture Needles Market - Industry Life Cycle |
3.4 Philippines Acupuncture Needles Market - Porter's Five Forces |
3.5 Philippines Acupuncture Needles Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Philippines Acupuncture Needles Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Philippines Acupuncture Needles Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.8 Philippines Acupuncture Needles Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Philippines Acupuncture Needles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Acupuncture Needles Market Trends |
6 Philippines Acupuncture Needles Market, By Types |
6.1 Philippines Acupuncture Needles Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Philippines Acupuncture Needles Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Philippines Acupuncture Needles Market Revenues & Volume, By Arthritis, 2021- 2031F |
6.1.4 Philippines Acupuncture Needles Market Revenues & Volume, By Back Pain, 2021- 2031F |
6.1.5 Philippines Acupuncture Needles Market Revenues & Volume, By Neck Pain, 2021- 2031F |
6.1.6 Philippines Acupuncture Needles Market Revenues & Volume, By Muscle Pain, 2021- 2031F |
6.1.7 Philippines Acupuncture Needles Market Revenues & Volume, By Headaches & Migraines, 2021- 2031F |
6.1.8 Philippines Acupuncture Needles Market Revenues & Volume, By Knee Pain Application, 2021- 2031F |
6.1.9 Philippines Acupuncture Needles Market Revenues & Volume, By Sports Injuries, 2021- 2031F |
6.1.10 Philippines Acupuncture Needles Market Revenues & Volume, By Sports Injuries, 2021- 2031F |
6.2 Philippines Acupuncture Needles Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Philippines Acupuncture Needles Market Revenues & Volume, By Silver, 2021- 2031F |
6.2.3 Philippines Acupuncture Needles Market Revenues & Volume, By Copper Material, 2021- 2031F |
6.2.4 Philippines Acupuncture Needles Market Revenues & Volume, By Tinplate-galvanized Iron, 2021- 2031F |
6.2.5 Philippines Acupuncture Needles Market Revenues & Volume, By Stainless Steel, 2021- 2031F |
6.3 Philippines Acupuncture Needles Market, By Type |
6.3.1 Overview and Analysis |
6.3.2 Philippines Acupuncture Needles Market Revenues & Volume, By Disposable, 2021- 2031F |
6.3.3 Philippines Acupuncture Needles Market Revenues & Volume, By Reusable, 2021- 2031F |
6.4 Philippines Acupuncture Needles Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Philippines Acupuncture Needles Market Revenues & Volume, By Hospital, 2021- 2031F |
6.4.3 Philippines Acupuncture Needles Market Revenues & Volume, By Clinics, 2021- 2031F |
6.4.4 Philippines Acupuncture Needles Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Acupuncture Needles Market Import-Export Trade Statistics |
7.1 Philippines Acupuncture Needles Market Export to Major Countries |
7.2 Philippines Acupuncture Needles Market Imports from Major Countries |
8 Philippines Acupuncture Needles Market Key Performance Indicators |
9 Philippines Acupuncture Needles Market - Opportunity Assessment |
9.1 Philippines Acupuncture Needles Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Philippines Acupuncture Needles Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Philippines Acupuncture Needles Market Opportunity Assessment, By Type, 2021 & 2031F |
9.4 Philippines Acupuncture Needles Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Philippines Acupuncture Needles Market - Competitive Landscape |
10.1 Philippines Acupuncture Needles Market Revenue Share, By Companies, 2024 |
10.2 Philippines Acupuncture Needles Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |