Press release
Lancing Devices And Equipment Market Size, Insights, Forecast, Growth, Trends 2024-2033
Lancing Devices And Equipment Market
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%. The growth in the forecast period can be attributed to diabetes epidemic continues, advances in testing accuracy, telehealth and remote monitoring, personalized medicine. Major trends in the forecast period include continuous glucose monitoring (cgm) integration, non-invasive glucose monitoring, user-centered design, sustainability and eco-friendly materials.
Market Overview -
Lancing devices and equipment are used to prick the skin to obtain blood samples for testing glucose levels.
Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=2484&type=smp
Rising Diabetes Prevalence Fuels Demand For Lancing Devices And Equipment Market
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.
Competitive Landscape -
Major companies operating 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., Ypsomed Holding AG, Sarstedt AG & Co., Greiner Bio-One, HTL-STREFA S.A, Guangzhou Improve Medical Instruments Co. Ltd., UltiMed Inc., Allison Medical Inc., Artsana S.p.a., Perrigo Diabetes Care, MedExel Co. Ltd., Simple Diagnostics, Stat Medical Inc., Trividia Health, Eli Lilly and Company, Roche Diagnostics, Terumo Corporation, LifeScan, Dynarex Corporation, Dealmed Medical Supplies LLC, Advanced Diabetic Solutions, Medline Industries Inc., Owen Mumford, ARKRAY USA Inc., Nipro Diagnostics Inc., AgaMatrix Inc., Nova Biomedical, Prodigy Diabetes Care LLC, ACON Laboratories Inc.
Revolutionizing Lancing Devices With Custom Vacuum Technology For Painless Blood Sampling
Lancing device manufacturers are increasingly using custom vacuum technology in lancing devices to minimize pain from poking. Lancing devices that use this technology create a shallow puncture on the skin without hitting the deeper pain nerves and blood is pulled up by the vacuum. For example, the Genteel Lancing Device is a vacuum blood drawing lancing device that draws blood from the capillaries and can be used on different sites on the body apart from fingers.
Browse Full Report @
https://www.thebusinessresearchcompany.com/report/lancing-devices-and-equipment-global-market-report
Key Segments -
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
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
"Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
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
"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 Lancing Devices And Equipment Market Size, Insights, Forecast, Growth, Trends 2024-2033 here
News-ID: 3500265 • Views: …
More Releases from The Business research company
Technological Advancements With App Based Subscription Programs Industry Trends …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Car Washing Service Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent years, the car washing service market size has been expanding at a consistent rate. It is projected that from $30.1 billion in 2024, it will surge to $30.75 billion in 2025, with…
Major Growth Driver Identified in 2025 Well Intervention Market: Rising Energy D …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Well Intervention Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The size of the well intervention market has seen consistent growth over the past few years. The market, which will increase from $9.39 billion in 2024 to $9.84 billion in 2025 at a compound annual…
Growing E-Commerce Sector Fuels Demand For Telephone Call Centers: Critical Driv …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Telephone Call Centers Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market for telephone call centers has seen a slight rise in recent years. The market value is predicted to increase from $136.61 billion in 2024 to $138.62 billion in 2025, maintaining a compound…
Private Household Services Market Expansion Continues, with Forecast Valuation o …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Private Household Services Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
There has been a significant expansion in the private household services market size in the past few years. This market will see an escalation from $321.58 billion in 2024 to $351.99 billion in 2025,…
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…
