Acupuncture  is a method, in which very fine metallic needles are pierced to  stimulate specific points (acupoints) in the human body. The word  acupuncture is derived from the Latin words acus, meaning "needle" and  pungere, meaning "to prick". 
Acupuncture, an important feature of the  Traditional Chinese Medicine (TCM), is said to have originated in China.    Since its origin, acupuncture has developed tremendously. At present, it  is practiced in almost all parts of the world. Based on the style and  technique followed, there are different types of acupuncture, namely,  classical Chinese acupuncture, Japanese style acupuncture, Korean hand  acupuncture, and auricular acupuncture. There is no proof as to which  particular technique is more effective than the other. Among the many  types of acupuncture, the classical Chinese style is commonly practiced  in the United States.The  theory of acupuncture is based on Qi (pronounced chee), the vital  energy of the body. According to traditional Chinese medical theory, Qi  is circulated in all parts of the body via energy channels, called  meridians. This energy flow is more or less similar to the circulatory  system and nervous system. In case, there is an interruption or blockage  in the flow of Qi in the meridians, it causes pain and illness.
Various  factors affect the smooth flow of Qi, such as poor nutrition, improper  diet, polluted air and water, organ malfunction, injury and infection by  harmful microorganisms. Another factor that disturbs the balanced flow  of Qi is extreme climatic conditions (cold, wind, heat).
The emotional state (pleasure, dejection, stress) of an individual, also regulates the normal flow of Qi in the meridians.
The  main idea behind acupuncture is to restore health by stimulating  acupoints located in the meridians. According to TCM, there are two  basic types of Qi within our body viz. congenital Qi and acquired Qi. As  the name suggests, congenital Qi is present at the time of birth,  whereas acquired Qi is developed after birth, from the air we breathe  and the foods we eat. The quality of acquired Qi mostly depends on our  lifestyle and physical activities.
In  addition, there are other types of Qi such as jing, yuan, gu, kong,  zhen, ying and wei, which are located in various parts of the body and  are associated with different functions. For example, Jing Qi is  situated in the kidneys and is responsible for growth and development.  Overall, the Chinese mapped the presence of 361 acupoints in the major  meridians, which can be accessed when there is an abnormality in the  energy flow. Recent electromagnetic research has confirmed the presence  of several acupuncture points in the body.
Though,  the WHO (World Heath Organization) reported acupuncture to be an  effective way for treating disorders, there are certain advantages and  disadvantages of acupuncture. Speaking about advantages, acupuncture  helps in the treatment of both mental illness and physical illness.  Certain chronic diseases such as arthritis, diabetes, asthma, hearing  loss and hypertension can be treated with acupuncture.
Acupuncture  is safe as long as it is performed by a licensed acupuncturist and the  needles used are sterile and of standard quality. In case, it is not  performed properly, there are chances of infection, bleeding, soreness  and pain in the pierced sites. There are cases of organ rupture due to  improper delivery of acupuncture.
Also,  the effectiveness of acupuncture varies from one person to another.  Thus, some people may need about fifteen acupuncture sessions to have  long-term health benefits. The mechanism of acupuncture is still  obscure, hence current researches are ongoing to study its cerebral  effects.
Source: (wateen.net) 
