Bottom Article Ad

Wednesday, October 27, 2021

Global Lancets Market to be Driven by Rising Prevalence of Infectious Diseases in the Forecast Period of 2021-2026

The new report by Expert Market Research titled, ‘Global Lancets Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global lancets market, assessing the market based on its segments like types, end use, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.

Request a free sample copy in PDF or view the report summary@

The key highlights of the report include:

Market Overview (2016-2026)

  • Historical Market Size (2020): USD 850 Million
  • Forecast CAGR (2021-2026): 12%
  • Forecast Market Size (2026): USD 1702.2 Million

Increasing incidences of diabetes and high infectious diseases globally is driving the growth of lancets market, coupled with surge in use of disposable blood lancets for painless diagnosis of blood sugar level, hemoglobin, fat level, and other essential blood components. High incidences of infectious diseases requiring blood testing for diagnosis and therapy also contributes to the market growth. Disposable lancets prevent the risk of blood transfusion and infection transmission. Developing economies like India and China are anticipated to provide growth possibilities during the forecast period owing to factors like increasing healthcare sector, increasing geriatric population, fast financial development, and increased awareness of diabetes treatment.

Explore the full report with the table of contents@

Industry Definition and Major Segments

Lancet is a fine, pointed knife or needle that is used to prick the skin. It is generally a small medical implement used for blood sugar monitoring or capillary blood sampling. Blood lancet is a disposable medical device that finds its applications in home healthcare and in clinics or pathology labs to confirm an individual's blood group or disease.

By types, the market is divided into:

  • Safety Lancets
    • Push-Button Lancets
    • Pressure-Activated Lancets
  • Personal Lancets

The market can be classified on the basis of its application into:

On the basis of end use, the industry is divided into:

  • Hospitals and Clinics
  • Home Care Settings
  • Others

The global markets of logistics automation can be divided into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • The Middle East and Africa

Market Trends

Rising prevalence of diabetes and increasing awareness about the same in people is driving the lancets market. Diabetes is a major public health problem, the prevalence of chronic, noncommunicable diseases is increasing at an alarming rate. The reasons for the escalation in diabetes globally are increased insulin resistance, stronger genetic factors, environmental factors particularly associated with urbanisation, physical inactivity resulting in obesity and dietary alterations. Diabetes can be a major cause of blindness, kidney failure, heart attacks, stroke, lower limb amputation and others. In developing countries, there is a growing incidence of Type 2 Diabetes at a younger age including some children even before puberty. Most people with diabetes are above the age of retirement in developed countries.

Key Market Players

The major players in the market are Becton, Dickinson and Company, Roche Diagnostics Ltd., Ypsomed Holding AG, B. Braun Melsungen AG, Terumo Corporation, Owen Mumford Ltd, HTL-Strefa S.A, Arkray Inc., Sarstedt AG and Co. KG, Sterilance Medical (Suzhou) Inc., Medline Industries Inc, and Intrinsyk LLC. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

Read More Reports:-

Roofing Market:

Germany Dairy Market:

Phenol Market:

Below Grade Waterproofing Market:

Plastic Cups Market:

Medium-Density Fibreboard Market:

Caustic Potash Market:

Oxo-Alcohol Market:

LED Market:

PVC Pipes Market:

Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform, Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos (, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Media Contact

Company Name: EMR Inc.
Contact Person: Sofia Williams, Corporate Sales Specialist – U.S.A.
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States

Read about global anhydrous milk fat (butter oil) market:

Introducing Procurement Intelligence Services of EMR Inc.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.


Post a Comment