Press release
North America Lancing Devices and Equipment Market Analysis: Unveiling Statistics, Global Size, Regional Shares, Competitor Insights, Segments, Trends, and Opportunities
Lancing Devices And Equipment Market
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The Business Research Company's Lancing Devices And Equipment Global Market Report 2023 identifies the rising prevalence of diabetes is driving the market for lancing devices and equipment as more people depend on lancing devices to test blood glucose levels. Lancing devices are used by diabetics to obtain samples of blood for testing glucose levels in it. According to the International Diabetes Federation, in 2021, around 537 million adults had diabetes and the number is expected to reach 783 million by 2045. This growth in the number of diabetic patients is expected to increase the demand for lancing devices and equipment, thereby driving the market growth.
The lancing devices and equipment market size has grown rapidly in recent years. It will grow from $0.59 billion in 2023 to $0.7 billion in 2024 at a compound annual growth rate (CAGR) of 18.4%. The growth in the historic period can be attributed to diabetes prevalence, patient convenience, home-based monitoring, healthcare digitization. The lancing devices and equipment market size is expected to see exponential growth in the next few years. It will grow to $1.46 billion in 2028 at a compound annual growth rate (CAGR) of 20.2%.
Download Free Sample Of Lancing Devices And Equipment Market Report - https://www.thebusinessresearchcompany.com/sample_request?id=2484&type=smp
Major competitors in the lancing devices and equipment market include Abbott laboratories, B. Braun Melsungen AG, Terumo Corporation, F. Hoffmann-La Roche AG, LifeScan Inc., Ascensia Diabetes Care Holdings AG, Becton Dickinson and Company, Bayer AG, Medtronic PLC, ARKRAY Inc., Sanofi S.A..
A key trend in the lancing devices and equipment market includes developing innovative products such as disposable lancing device to provide a more convenient and comfortable blood sugar monitoring experience. A disposable lancing device is a tiny, portable device that pricks the skin and collects a small blood sample for glucose testing. For instance, in August 2023, F. Hoffmann-La Roche AG, a Switzerland-based pharmaceutical company, launched Accu-Chek Pico, a fully disposable lancing device that is designed to make blood sugar monitoring easier and more convenient for people with diabetes, especially older adults.
Read More On The Global Lancing Devices And Equipment Market Report Here: https://www.thebusinessresearchcompany.com/report/lancing-devices-and-equipment-global-market-report
The lancing devices and equipment market covered in this report is segmented -
1) By Type: Reusable, Disposable
2) By Product: Safety Lancets, Standard Lancets
3) By Penetration Depth: 0.8mm-1mm, 1.1mm- 1.5mm, 1.6mm-2.0mm, Other Penetration Depths
4) By End User: Hospitals and Clinics, Homecare and Home Diagnostics, Diagnostic Centres and Medical Institutions, Research and Academic Laboratories, Other End User
5) By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the global lancing devices and equipment market.
The Business Research Company's "Global Lancing Devices And Equipment Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
Explore Buying Options For The Lancing Devices And Equipment Market Report https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=2484
The Table Of Content For The Lancing Devices And Equipment Market Include:
1. Executive Summary
2. Lancing Devices And Equipment Market Characteristic
3. Lancing Devices And Equipment Market Trends And Strategies
4. Lancing Devices And Equipment Market - Macro Economic Scenario
5. Lancing Devices And Equipment Market Size And Growth
……………
27. Lancing Devices And Equipment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Lancing Devices And Equipment Market
29. Lancing Devices And Equipment Market Future Outlook And Potential Analysis
30. Appendix
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release North America Lancing Devices and Equipment Market Analysis: Unveiling Statistics, Global Size, Regional Shares, Competitor Insights, Segments, Trends, and Opportunities here
News-ID: 3336809 • Views: …
More Releases from The Business research company
Evolving Market Trends In The Integrated Geophysical Services Industry: Enhancin …
The Integrated Geophysical Services Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Integrated Geophysical Services Market Size During the Forecast Period?
The integrated geophysical services market has experienced consistent growth in recent years, expected to rise from $2.35 billion in 2024 to…
Global HR Advisory Services Market: Key Trends, Market Share, Growth Drivers, An …
The HR advisory services market report describes and explains the HR advisory services market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global HR advisory services market reached a value of nearly $155.74 billion in 2024, having grown at a compound annual growth rate (CAGR) of 4.22% since…
High Voltage Aluminium Electrolytic Capacitors Global Market Report 2025: Size, …
The high voltage aluminum electrolytic capacitors report describes and explains the high voltage aluminum electrolytic capacitors market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global high voltage aluminum electrolytic capacitors market reached a value of nearly $4.10301 billion in 2024, having grown at a compound annual growth…
Global Vertical Market Software Market: Key Trends, Market Share, Growth Drivers …
The vertical market software report describes and explains the vertical market software market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global vertical market software market reached a value of nearly $152.61027 billion in 2024, having grown at a compound annual growth rate (CAGR) of 12.11% since 2019.…
More Releases for Lancing
Rising Diabetes Prevalence Fuels Demand For Lancing Devices And Equipment Market …
The Internet Search Portals Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Projected Growth of the Internet Search Portals Market?
The internet search portals market has grown rapidly in recent years, projected to increase from $298.29 billion in 2024 to $341.73 billion in…
Prominent Lancing Devices And Equipment Market Trend for 2025: Revolutionizing L …
What Are the Projected Growth and Market Size Trends for the Lancing Devices And Equipment Market?
In recent years, the market size for lancing devices and equipment has seen significant growth. The market is projected to expand from $3.06 billion in 2024 to $3.35 billion in 2025, representing a Compound Annual Growth Rate (CAGR) of 9.6%. Several factors have contributed to this growth during the historic period, including a high prevalence…
Prominent Lancing Devices And Equipment Market Trend for 2025: Revolutionizing L …
What Are the Projected Growth and Market Size Trends for the Lancing Devices And Equipment Market?
In recent years, the market size for lancing devices and equipment has seen significant growth. The market is projected to expand from $3.06 billion in 2024 to $3.35 billion in 2025, representing a Compound Annual Growth Rate (CAGR) of 9.6%. Several factors have contributed to this growth during the historic period, including a high prevalence…
Lancing Devices Market Size 2024 to 2031.
Market Overview and Report Coverage
A lancing device is a medical device used for obtaining capillary blood samples for blood glucose monitoring. The device is typically used by individuals with diabetes to monitor their blood sugar levels.
The global lancing devices market is expected to grow at a CAGR of 4.70% during the forecasted period. The market is driven by the increasing prevalence of diabetes worldwide, technological advancements in…
Global Lancing Device Market Study Analysis: The Lancing Device Market Is Expect …
The global Lancing Device market is predicted to grow from $ billion in 2020 to $ billion in 2028 at a CAGR of 12%. The Lancing Device is a small medical implement used to take samples of blood. The lancet consists of two parts the lancet holder and therefore the small pen which may be a sharp point needle that's placed within the holder
To request a free sample, Go To:…
Lancet and Lancing Devices Market 2022 | Detailed Report
The Lancet and Lancing Devices market research report delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. The Lancet and Lancing Devices report also incorporates the current and future global market outlook in the emerging and developed markets. Moreover, the report also investigates regions/countries expected to witness the fastest growth rates during the forecast period.
The Lancet and Lancing Devices research report also provides…
