Global Lancets Market Size study & Forecast, by Type, by Application by End User and Regional Analysis, 2023-2030

Description

List of Tables

Global Lancets Market is valued approximately at USD XXX billion in 2022 and is anticipated to grow with a growth rate of more than XX% over the forecast period 2023-2030. Lancets is a medical instrument used to obtain blood samples for disease diagnosis, especially in diabetes. It has a double-edged blade that punctures the skin, and it is disposable. Lancets are commonly used by diabetic patients to monitor their blood glucose levels and also in clinics and labs for blood group confirmation. The lancets market is experiencing significant growth due to the growing prevalence of chronic diseases such as diabetes, hyperlipidemia, and dyslipidemia. The market is driven by the growing use of disposable blood lancets for painless diagnosis of blood sugar level, hemoglobin, fat level, and other important blood components. The use of disposable lancets reduces the risk of blood transfusion and infection in transmission, further contributing to the market growth.

The growing geriatric population, coupled with a rising incidence of diabetes, is creating demand for lancets. According to the International Diabetes Federation in 2021, there are about 537 million adults (aged 20-79 years) living with diabetes globally in 2021. By 2030, it is projected that the number increased to 643 million, and by 2045, it is expected to reach 783 million. According to the World Bank Group, the world geriatric population was 727 million in 2020, and it is predicted to sustain over the next three decades, reaching 1.5 million in 2050. Additionally, increasing demand in home healthcare equipment and improved medical device regulation and the expansion of the blood lancets is anticipated to create the lucrative opportunity for the market growth. However, low awareness regarding homecare lancet in developing countries stifles the market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Lancets Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the expanding geriatric population , increasing targeted population, increased R&D costs, and growing knowledge about diabetes therapy. According to the International Diabetes Federation Diabetes Atlas Tenth Edition in 2021, about 32.2 million persons in the United States had diabetes in 2021, with a predicted increase to 36.3 million by 2045. Asia Pacific is expected to grow at fastest growth rate during the forecast period, owing to due to improving healthcare infrastructure and a large patient pool in need of diagnostic tests for treatment. Additionally, the rising incidence of infectious diseases such as dengue, Zika, West Nile, malaria, and chikungunya is contributing to the increased demand for lancing devices.

Major market player included in this report are:

Becton Dickinson And Company
Guangzhou Improve Medical Instruments Co., Ltd
Terumo corporation.
SteriLance Medical Inc.
F L Medical S.R.L Laboratory equipment
Sarstedt AG & CO
Nipro Medical Corporation
Medtronic Plc.
Owen Mumford
Abbott Laboratories Pvt Ltd.

Recent Developments in the Market:

In September 2022, Tasso obtained 510(k) clearance for its blood lancet, allowing them to market a device that caters to the demand for remote testing services. Their product, Tasso+, is designed for at-home blood collection. Users can initiate blood collection by clicking a button to release the lancet and applying the device to their arm.
In February 2022, Vault Health, a healthcare company focused on virtual care, partnered with Tasso, Inc., a company specializing in user-friendly clinical-grade blood collection technology. This partnership aims to integrate Tasso's products and logistics into Vault's comprehensive service offering. The collaboration is expected to enhance the sample collection experience for Vault customers, providing a virtually painless process.

Global Lancets Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Type, Application, End User, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Safety Lancets
Personal lancets

By Application:

Glucose Testing
Haemoglobin Testing
Coagulation Testing
Other Applications

By End User:

Hospitals
Clinics
Home care setting
others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Lancets Market, by region, 2020-2030 (USD Billion)
- 1.2.2. Lancets Market, by Type, 2020-2030 (USD Billion)
- 1.2.3. Lancets Market, by Application, 2020-2030 (USD Billion)
- 1.2.4. Lancets Market, by End User, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Lancets Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Lancets Market Dynamics

3.1. Lancets Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Growing prevalence of chronic diseases
  - 3.1.1.2. Rise old age population
- 3.1.2. Market Challenges
  - 3.1.2.1. Lack of patient awareness regarding blood lancets
  - 3.1.2.2. Risk of Infections due to the reuse of Lancets
- 3.1.3. Market Opportunities
  - 3.1.3.1. Increasing demand in home healthcare equipment
  - 3.1.3.2. Improved medical device regulation and the expansion of the blood lancets market

Chapter 4. Global Lancets Market: Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economic
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Lancets Market, by Type

5.1. Market Snapshot
5.2. Global Lancets Market by Type, Performance - Potential Analysis
5.3. Global Lancets Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4. Lancets Market, Sub Segment Analysis
- 5.4.1. Safety Lancets
- 5.4.2. Personal lancets

Chapter 6. Global Lancets Market, by Application

6.1. Market Snapshot
6.2. Global Lancets Market by Application, Performance - Potential Analysis
6.3. Global Lancets Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
6.4. Lancets Market, Sub Segment Analysis
- 6.4.1. Glucose Testing
- 6.4.2. Haemoglobin Testing
- 6.4.3. Coagulation Testing
- 6.4.4. Other Applications

Chapter 7. Global Lancets Market, by End User

7.1. Market Snapshot
7.2. Global Lancets Market by End User, Performance - Potential Analysis
7.3. Global Lancets Market Estimates & Forecasts by End User 2020-2030 (USD Billion)
7.4. Lancets Market, Sub Segment Analysis
- 7.4.1. Hospitals & Clinics
- 7.4.2. Blood Banks
- 7.4.3. Homecare
- 7.4.4. Others

Chapter 8. Global Lancets Market, Regional Analysis

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Lancets Market, Regional Market Snapshot
8.4. North America Lancets Market
- 8.4.1. U.S. Lancets Market
  - 8.4.1.1. Type breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2. Application breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3. End User breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Lancets Market
8.5. Europe Lancets Market Snapshot
- 8.5.1. U.K. Lancets Market
- 8.5.2. Germany Lancets Market
- 8.5.3. France Lancets Market
- 8.5.4. Spain Lancets Market
- 8.5.5. Italy Lancets Market
- 8.5.6. Rest of Europe Lancets Market
8.6. Asia-Pacific Lancets Market Snapshot
- 8.6.1. China Lancets Market
- 8.6.2. India Lancets Market
- 8.6.3. Japan Lancets Market
- 8.6.4. Australia Lancets Market
- 8.6.5. South Korea Lancets Market
- 8.6.6. Rest of Asia Pacific Lancets Market
8.7. Latin America Lancets Market Snapshot
- 8.7.1. Brazil Lancets Market
- 8.7.2. Mexico Lancets Market
8.8. Middle East & Africa Lancets Market
- 8.8.1. Saudi Arabia Lancets Market
- 8.8.2. South Africa Lancets Market
- 8.8.3. Rest of Middle East & Africa Lancets Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Becton Dickinson And Company
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Recent Developments
- 9.3.2. Guangzhou Improve Medical Instruments Co., Ltd
- 9.3.3. Terumo corporation.
- 9.3.4. SteriLance Medical Inc.
- 9.3.5. F L Medical S.R.L Laboratory equipment
- 9.3.6. Sarstedt AG & CO
- 9.3.7. Nipro Medical Corporation
- 9.3.8. Medtronic Plc.
- 9.3.9. Owen Mumford
- 9.3.10. Abbott Laboratories Pvt Ltd.

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Lancets Market, report scope
TABLE 2. Global Lancets Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Lancets Market estimates & forecasts by Type 2020-2030 (USD Billion)
TABLE 4. Global Lancets Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 5. Global Lancets Market estimates & forecasts by End User 2020-2030 (USD Billion)
TABLE 6. Global Lancets Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Lancets Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Lancets Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Lancets Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Lancets Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Lancets Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Lancets Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Lancets Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Lancets Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Lancets Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Lancets Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Lancets Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. U.S. Lancets Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Lancets Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. Canada Lancets Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada Lancets Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Lancets Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. UK Lancets Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK Lancets Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Lancets Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. Germany Lancets Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany Lancets Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Lancets Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. France Lancets Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France Lancets Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Lancets Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. Italy Lancets Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy Lancets Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Lancets Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Spain Lancets Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain Lancets Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Lancets Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. RoE Lancets Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE Lancets Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Lancets Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. China Lancets Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China Lancets Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Lancets Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. India Lancets Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India Lancets Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Lancets Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. Japan Lancets Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan Lancets Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Lancets Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. South Korea Lancets Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea Lancets Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Lancets Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. Australia Lancets Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia Lancets Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Lancets Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. RoAPAC Lancets Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC Lancets Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Lancets Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. Brazil Lancets Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil Lancets Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Lancets Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Mexico Lancets Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico Lancets Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Lancets Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. RoLA Lancets Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA Lancets Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Saudi Arabia Lancets Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. South Africa Lancets Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoMEA Lancets Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Lancets Market
TABLE 71. List of primary sources, used in the study of global Lancets Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures are dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Lancets Market, research methodology
FIG 2. Global Lancets Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Lancets Market, key trends 2022
FIG 5. Global Lancets Market, growth prospects 2023-2030
FIG 6. Global Lancets Market, porters 5 force model
FIG 7. Global Lancets Market, pest analysis
FIG 8. Global Lancets Market, value chain analysis
FIG 9. Global Lancets Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Lancets Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Lancets Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Lancets Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Lancets Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Lancets Market, regional snapshot 2020 & 2030
FIG 15. North America Lancets Market 2020 & 2030 (USD Billion)
FIG 16. Europe Lancets Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Lancets Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Lancets Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Lancets Market 2020 & 2030 (USD Billion)