Reports

Lancets Market

Global Lancets Market: By Type: Safety Lancets, Personal Lancets; By Application: Glucose Testing, Hemoglobin Testing, Coagulation Testing, Other Applications; By End Use; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments

Global Lancets Market Outlook

The lancets market stood at a value of around USD 1061 million in 2022. The lancets market is further projected to expand to reach USD 1742 million by 2028., growing at a CAGR of 9% during the forecast period of 2023-2028.

 

Lancets Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

The growth of the lancets market can be ascribed to the availability of a big pool of diabetic patients and the growing incidences of infectious diseases requiring blood testing for diagnosis and therapy, along with increased awareness of diabetes treatment globally.

 

Market Segmentation

Lancet, a fine, sharply pointed needle, is a small medical implement used to prick the skin, particularly for blood sugar monitoring or capillary blood sampling. The global lancets market can be divided based on segments like types, end-uses, and applications.

The lancets market, on the basis of lancet-type, can be divided into safety lancets and personal lancets. Safety lancet is further subdivided into push-button lancets and pressure-activated lancets. The industry can be divided on the basis of its application into glucose testing, haemoglobin testing, and coagulation testing, among others.

 

Lancets Market By Segments

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

The lancets market can be broadly categorised based on its end use into:

  • Hospitals and Clinics 
  • Home Care Settings
  • Others

The EMR report looks into the regional lancets markets like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.

 

Market Analysis

The growth in the lancets market is primarily driven by the increasing incidences of diabetes and high infectious diseases worldwide. Emerging markets such as India and China are anticipated to provide growth possibilities during the forecast period for the players in the lancets market. However, the danger of needlestick injuries, the reuse of lancets, and the bad reimbursement situation may act as the major market constraints, hampering the lancets market growth.

The hospitals and clinics segment is anticipated to lead the global lancets industry in 2021. While it is expected that North America will dominate the lancets market in 2021, the Asia Pacific region is projected to witness the highest CAGR over the forecast period. The increasing healthcare sector, increasing geriatric population in China and India, fast financial development, and increased awareness of diabetes treatment are some of the primary factors, which are aiding in the growth of the Asia Pacific lancets market.

 

Lancets Market By Region

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global lancets market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • F. Hoffmann-La Roche Ltd. (SWX: ROG)
  • Owen Mumford Limited
  • Arkray Inc.
  • Medline Industries Inc.
  • Sterilance Medical (Suzhou) Inc.
  • Becton, Dickinson and Company
  • Ypsomed AG 
  • B. Braun Melsungen AG 
  • Terumo Medical Corporation 
  • HTL-Strefa S.A 
  • SARSTEDT AG & Co. KG

The EMR report gives an in-depth insight into the lancets market by providing a SWOT analysis as well as an assessment of Porter’s Five Forces model.

 

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Application, End Use, Region
Breakup by Type Safety Lancets, Personal Lancets
Breakup by Application Glucose Testing, Haemoglobin Testing, Coagulation Testing, Other Applications
Breakup by End Use Hospitals & Clinics, Home Care Settings, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered F. Hoffmann-La Roche Ltd., Owen Mumford Limited, Arkray Inc., Medline Industries Inc., Sterilance Medical (Suzhou) Inc., Becton, Dickinson and Company (NYSE: BDX), 
Ypsomed AG (SWX: YPSN), B. Braun Melsungen AG, Terumo Medical Corporation, HTL-Strefa S.A, Sarstedt AG and Co. KG, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Lancets Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Lancets Historical Market (2018-2022) 
    8.3    Global Lancets Market Forecast (2023-2028)
    8.4    Global Lancets Market by Type
        8.4.1    Safety Lancets 
            8.4.1.1    Historical Trend (2018-2022)
            8.4.1.2    Forecast Trend (2023-2028)
            8.4.1.3    Safety Lancets by Type
                8.4.1.3.1    Push-Button Lancets
                8.4.1.3.2    Pressure-Activated Lancets
        8.4.2    Personal Lancets 
            8.4.2.1    Historical Trend (2018-2022)
            8.4.2.2    Forecast Trend (2023-2028)
    8.5    Global Lancets Market by Application
        8.5.1    Glucose Testing 
            8.5.1.1    Historical Trend (2018-2022)
            8.5.1.2    Forecast Trend (2023-2028)
        8.5.2    Hemoglobin Testing
            8.5.2.1    Historical Trend (2018-2022)
            8.5.2.2    Forecast Trend (2023-2028)
        8.5.3    Coagulation Testing 
            8.5.3.1    Historical Trend (2018-2022)
            8.5.3.2    Forecast Trend (2023-2028)
        8.5.4    Other Applications
    8.6    Global Lancets Market by End Use
        8.6.1    Hospitals and Clinics 
            8.6.1.1    Historical Trend (2018-2022)
            8.6.1.2    Forecast Trend (2023-2028)
        8.6.2    Home Care Settings
            8.6.2.1    Historical Trend (2018-2022)
            8.6.2.2    Forecast Trend (2023-2028)
        8.6.3    Others    
    8.7    Global Lancets Market by Region
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2022) 
            8.7.1.2    Forecast Trend (2023-2028)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2022) 
            8.7.2.2    Forecast Trend (2023-2028)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2022) 
            8.7.3.2    Forecast Trend (2023-2028)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2022) 
            8.7.4.2    Forecast Trend (2023-2028)
        8.7.8    Middle East and Africa
            8.7.8.1    Historical Trend (2018-2022) 
            8.7.8.2    Forecast Trend (2023-2028)
9    North America Lancets Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2022) 
        9.1.2    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Historical Trend (2018-2022) 
        9.2.2    Forecast Trend (2023-2028)
10    Europe Lancets Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2022) 
        10.1.2    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Historical Trend (2018-2022) 
        10.2.2    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Historical Trend (2018-2022) 
        10.3.2    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Historical Trend (2018-2022) 
        10.4.2    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Lancets Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2022) 
        11.1.2    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Historical Trend (2018-2022) 
        11.2.2    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Historical Trend (2018-2022) 
        11.3.2    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2022) 
        11.4.2    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Historical Trend (2018-2022) 
        11.5.2    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Lancets Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2022) 
        12.1.2    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2022) 
        12.2.2    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2022) 
        12.3.2    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Lancets Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2022) 
        13.1.2    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2022) 
        13.2.2    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2022) 
        13.3.2    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2022) 
        13.4.2    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Price Analysis
16    Competitive Landscape
    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    F. Hoffmann-La Roche Ltd. (SWX: ROG)
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Owen Mumford Limited
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Arkray Inc.
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Medline Industries Inc.
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Sterilance Medical (Suzhou) Inc.
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Becton, Dickinson and Company
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    Ypsomed AG
            16.2.7.1    Company Overview
            16.2.7.2    Product Portfolio
            16.2.7.3    Demographic Reach and Achievements
            16.2.7.4    Certifications
        16.2.8    B. Braun Melsungen AG
            16.2.8.1    Company Overview
            16.2.8.2    Product Portfolio
            16.2.8.3    Demographic Reach and Achievements
            16.2.8.4    Certifications
        16.2.9    Terumo Medical Corporation
            16.2.9.1    Company Overview
            16.2.9.2    Product Portfolio
            16.2.9.3    Demographic Reach and Achievements
            16.2.9.4    Certifications
        16.2.10    HTL-Strefa S.A.
            16.2.10.1    Company Overview
            16.2.10.2    Product Portfolio
            16.2.10.3    Demographic Reach and Achievements
            16.2.10.4    Certifications
        16.2.11    SARSTEDT AG & Co. KG
            16.2.11.1    Company Overview
            16.2.11.2    Product Portfolio
            16.2.11.3    Demographic Reach and Achievements
            16.2.11.4    Certifications
        16.2.12    Others
17    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Lancets Market: Key Industry Highlights, 2018 and 2028
2.    Global Lancets Historical Market: Breakup by Type (USD Million), 2018-2022
3.    Global Lancets Market Forecast: Breakup by Type (USD Million), 2023-2028
4.    Global Lancets Historical Market: Breakup by Application (USD Million), 2018-2022
5.    Global Lancets Market Forecast: Breakup by Application (USD Million), 2023-2028
6.    Global Lancets Historical Market: Breakup by End Use (USD Million), 2018-2022
7.    Global Lancets Market Forecast: Breakup by End Use (USD Million), 2023-2028
8.    Global Lancets Historical Market: Breakup by Region (USD Million), 2018-2022
9.    Global Lancets Market Forecast: Breakup by Region (USD Million), 2023-2028
10.    North America Lancets Historical Market: Breakup by Country (USD Million), 2018-2022
11.    North America Lancets Market Forecast: Breakup by Country (USD Million), 2023-2028
12.    Europe Lancets Historical Market: Breakup by Country (USD Million), 2018-2022
13.    Europe Lancets Market Forecast: Breakup by Country (USD Million), 2023-2028
14.    Asia Pacific Lancets Historical Market: Breakup by Country (USD Million), 2018-2022
15.    Asia Pacific Lancets Market Forecast: Breakup by Country (USD Million), 2023-2028
16.    Latin America Lancets Historical Market: Breakup by Country (USD Million), 2018-2022
17.    Latin America Lancets Market Forecast: Breakup by Country (USD Million), 2023-2028
18.    Middle East and Africa Lancets Historical Market: Breakup by Country (USD Million), 2018-2022
19.    Middle East and Africa Lancets Market Forecast: Breakup by Country (USD Million), 2023-2028
20.    Global Lancets Market Structure

Key Questions Answered in the Report

What was the global lancets market size in 2022?

The global lancets market size stood at a value of around USD 1061 million in 2022.

What is the growth rate of the global lancets market?

The market is projected to grow at a CAGR of 9% between 2023 and 2028.

What is the forecast outlook of the global lancets market for 2023-2028?

The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach about USD 1742 million by 2028.

What are the major drivers of the global lancets market?

The major drivers of the market include rising disposable incomes, availability of a big pool of diabetic patients, growing incidences of infectious diseases requiring blood testing for diagnosis and therapy, increased awareness of diabetes treatment, rising demand from the developing regions, increasing geriatric population, and the growing technological advancements.

What are the key trends of the global lancets market?

The key trends guiding the growth of the market include the advancements in technology and the growing incidences of infectious diseases requiring blood testing for diagnosis and therapy.

What are the major regions of the market, according to the EMR report?

The major regions of the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

What are the major types of lancets in the market?

Safety and personal lancets are the major types of lancets in the market.

What are the major applications of lancets?

Glucose testing, haemoglobin testing, and coagulation testing, among others are the major applications of the product.

What are the significant end-users of lancets?

Hospitals and clinics and home care settings, among others are the significant end-users of lancets.

Who are the key market players, according to the report?

The major players in the market are F. Hoffmann-La Roche Ltd., Owen Mumford Limited, Arkray Inc., Medline Industries Inc., Sterilance Medical (Suzhou) Inc., Becton, Dickinson and Company (NYSE: BDX), Ypsomed AG (SWX: YPSN), B. Braun Melsungen AG, Terumo Medical Corporation, HTL-Strefa S.A, Sarstedt AG and Co. KG, Others.

Analyst Review

The global lancets market attained a value of USD 1061 million in 2022, driven by the rising availability of a big pool of diabetic patients and the growing incidences of infectious diseases requiring blood testing for diagnosis and therapy. Aided by the technological advancements, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 9%. The lancets market is projected to reach USD 1742 million by 2028.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the industry can be segmented into safety and personal lancets. On the basis of application segments, the industry is divided into glucose testing, haemoglobin testing, and coagulation testing, among others. On the basis of end uses, the industry is categorised into hospitals and clinics and home care settings among others. The major regional markets for lancets are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include F. Hoffmann-La Roche Ltd., Owen Mumford Limited, Arkray Inc., Medline Industries Inc., Sterilance Medical (Suzhou) Inc., Becton, Dickinson and Company (NYSE: BDX), Ypsomed AG (SWX: YPSN), B. Braun Melsungen AG, Terumo Medical Corporation, HTL-Strefa S.A, Sarstedt AG and Co. KG, Others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

Purchase Full Report

Mini Report

$1699
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
Buy Now

Single User License

$2799
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
Buy Now
most popular

Five User License

$3999
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
Buy Now

Corporate License

$4999
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
Buy Now

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

NEWSLETTER