Botanicals & Acupuncture Market

Report Highlights

The report broadly covers different types of Botanicals & Acupuncture based on their application or distribution channel. Furthermore, the scope of the report also covers the impact of COVID-19 and drivers and challenges for Botanicals & Acupuncture market. The report covers the market value for the historic year 2019, followed by the base year 2020, estimated year 2021 and forecast period from 2020 to 2026 for each intervention, application, distribution channel, and regional markets, and the estimated values are derived from the manufacturers’ total revenues.

The report also includes a discussion of the major players across each of the regional botanicals & acupuncture markets; it explains the major market drivers of the global botanicals & acupuncture industry, current trends within the industry, major applications, and the regional dynamics of the global botanicals & acupuncture market.

The report concludes with a special focus on the vendor landscape, which includes detailed profiles of the major vendors in the global botanicals & acupuncture market.

Report Includes

• 34 tables and 43 figures
• An up-to-date analysis of the Global Botanicals & Acupuncture Market.
• Analyses of the global market trends, with data from 2019, 2020, estimates for 2021, and projections of compound annual growth rates (CAGRs) through 2026.
• Estimation of market size and revenue forecast for Global Botanicals & Acupuncture Market, and corresponding market share analysis by intervention, application, distribution channel, and region.
• Highlights of emerging technology trends, gaps and opportunities in the market estimating current and future demand for Botanicals & Acupuncture, identification of the companies that are best positioned to meet this demand.
• In-depth information (facts and figures) concerning market drivers, restraints and other forces affecting the progress of this market.
• Identification of promising new products still in the development and testing stages, and their probability of successful commercial launch within the next five years
• Impact of COVID-19 on the Botanicals & Acupuncture Market as compared to overall global economy.
• Insight into the growth development strategies of major Botanicals & Acupuncture manufacturers and their key competitive landscape
• Descriptive company profiles of the leading market participants, including Modern Acupuncture, Chiropuncture, Inc., ARC Acupuncture & Physical Therapy Specialist Inc., Ayush Ayurvedic Pte Ltd., Green Cross Corporation, NatureKue, Inc., and others.

Summary

Botanicals are medications that are developed from plants. Acupuncture is a type of alternative medicine and the main element of traditional Chinese medicine (TCM) in which skinny injections are injected into the body. The rising reputation of herbal medicines and advantageous policies adopted for the production of botanical drugs are the major factors driving market growth. However, the enormous costs and no insurance coverage for various treatments such as, acupuncture are hindering the market growth. Plant resources have earned substantial value in the manufacturing of herbal medicine.

Conventional plant resources are a crucial drug advancement material and account for more than 70% of the overall traditional medication. Some of the countries such as, China, Germany, Japan, South Korea, and India are amongst the top countries that develop various strategies for the purchasing of plant resources in the advancement of herbal medicines, such as herbal medicine for malaria.