openPR Logo
Press release

Lancets Market Trends, Challenges and Strategies, Growth Forecast to 2034 | B. Braun SE, Terumo Medical Corporation, Medline Industries, LP., AgaMatrix

12-27-2024 08:36 AM CET | Health & Medicine

Press release from: Polaris Market Research & Consulting

Lancets Market

Lancets Market

The lancets market size was valued at USD 5.89 billion in 2024. It is projected to grow to USD 12.23 billion by 2034, exhibiting a compound annual growth rate (CAGR) of 7.6% from 2025 to 2034.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ž๐Ÿ๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:
Lancets are tiny, pointed, one-time-use medical instruments used to create a small cut or hole in the skin, usually for drawing blood. They are frequently used in diabetes care to collect blood drops for testing glucose levels. Lancets are crafted to reduce discomfort and come in multiple sizes to accommodate various skin types and testing requirements. After use, they are discarded to maintain cleanliness and avoid infection.

๐†๐ž๐ญ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/lancets-market/request-for-sample

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ:
โ€ข The rising incidence of diabetes has resulted in a heightened demand for regular blood glucose testing tools, thus boosting the need for lancets, which are essential for capillary blood sampling.
โ€ข Patients are looking for more convenient and minimally invasive blood collection techniques. This need is especially evident among people with chronic illnesses like diabetes, for whom regular blood glucose checks are crucial.

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:
In a highly competitive industry, leading competitors continually strive to innovate and distinguish their products to gain a competitive advantage in the market. Here is the list of the leading companies operating in the lancets market:
โ€ข B. Braun SE
โ€ข Terumo Medical Corporation
โ€ข Medline Industries, LP.
โ€ข AgaMatrix
โ€ข F. Hoffmann-La Roche Ltd
โ€ข ARKRAY, Inc.
โ€ข Owen Mumford Ltd.
โ€ข BD.
โ€ข Nipro Europe Group Companies
โ€ข MTD Medical Technology and Devices
โ€ข Astellas Pharma Inc.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐š ๐ƒ๐ข๐ฌ๐œ๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž:
https://www.polarismarketresearch.com/industry-analysis/lancets-market/request-for-discount-pricing

๐†๐ž๐จ๐ ๐ซ๐š๐ฉ๐ก๐ข๐œ๐š๐ฅ ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž:
โ€ข North America
โ€ข Europe
โ€ข Asia Pacific
โ€ข Latin America
โ€ข Middle East & Africa

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:
The lancets market is mainly segmented based on region, type, application, gauze size, age group, and end user. Based on type analysis, in 2024, the safety lancets segment led the global market because of their enhanced safety attributes and growing emphasis on minimizing the chances of needle stick injuries.

Moreover, according to the application analysis, the hemoglobin testing segment is anticipated to register the highest CAGR during the projection period because of the rising occurrence of anemia, a condition associated with low hemoglobin counts, especially in developing areas where malnutrition is prevalent.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐ฆ๐จ๐ซ๐ž ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž:
https://www.polarismarketresearch.com/industry-analysis/lancets-market/inquire-before-buying

๐‹๐š๐ง๐œ๐ž๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ
โ€ข In terms of type, the safety lancets segment led the global lancets market revenue share in 2024 due to their enhanced safety features and the growing emphasis on minimizing the risk of needle-stick injuries.
โ€ข The hemoglobin testing segment of the lancets market is anticipated to register the highest CAGR during the forecast period due to the rising prevalence of anemia, particularly in developing regions where malnutrition is more widespread, necessitating regular hemoglobin level monitoring.
โ€ข In 2024, North America led the lancets market, driven by its robust healthcare infrastructure, widespread adoption of advanced diagnostic technologies, government support, and favorable reimbursement policies.
โ€ข The Asia Pacific lancets market is expected to record the highest CAGR due to the rising prevalence of diabetes, increasing healthcare awareness, and growing use of self-monitoring devices.
โ€ข B. Braun SE; Terumo Medical Corporation; Medline Industries, LP.; AgaMatrix; F. Hoffmann-La Roche Ltd; ARKRAY, Inc.; Owen Mumford Ltd.; BD; Nipro Europe Group Companies; MTD Medical Technology and Devices; and Astellas Pharma Inc. are a few global key market players.

๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
๐ƒ๐ข๐ ๐ข๐ญ๐š๐ฅ ๐‘๐š๐๐ข๐จ๐ ๐ซ๐š๐ฉ๐ก๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ
https://www.polarismarketresearch.com/industry-analysis/digital-radiography-market

๐‹๐จ๐ฐ๐ž๐ซ ๐„๐ฑ๐ญ๐ซ๐ž๐ฆ๐ข๐ญ๐ฒ ๐ˆ๐ฆ๐ฉ๐ฅ๐š๐ง๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ
https://www.polarismarketresearch.com/industry-analysis/lower-extremity-implants-market

๐†๐š๐ฌ๐ญ๐ซ๐จ๐ข๐ง๐ญ๐ž๐ฌ๐ญ๐ข๐ง๐š๐ฅ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ
https://www.polarismarketresearch.com/industry-analysis/gastrointestinal-products-market

๐๐ฅ๐จ๐จ๐ ๐๐ซ๐ž๐ฌ๐ฌ๐ฎ๐ซ๐ž ๐‚๐ฎ๐Ÿ๐Ÿ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ
https://www.polarismarketresearch.com/industry-analysis/blood-pressure-cuffs-market

๐Œ๐ž๐๐ข๐œ๐š๐ฅ ๐๐š๐ญ๐ญ๐ž๐ซ๐ข๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ
https://www.polarismarketresearch.com/industry-analysis/medical-batteries-market

Contact:
Likhil G
8 The Green Ste 19824,
Dover, DE 19901,
United States
Phone: +1-929 297-9727
Email: sales@polarismarketresearch.com
Web: https://www.polarismarketresearch.com
Follow Us: LinkedIn | Twitter

About Polaris Market Research & Consulting, Inc:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.

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 Lancets Market Trends, Challenges and Strategies, Growth Forecast to 2034 | B. Braun SE, Terumo Medical Corporation, Medline Industries, LP., AgaMatrix here

News-ID: 3798747 • Views: โ€ฆ

More Releases from Polaris Market Research & Consulting

Flexible Electronics Market Forecast Period 2024-2032: Surpass Value US$ 61.21 Billion by 2032 with Growing at 9.1% CAGR
Flexible Electronics Market Forecast Period 2024-2032: Surpass Value US$ 61.21 B โ€ฆ
The global flexible electronics market was valued at USD 27.95 billion in 2023. It is expected to increase from USD 30.45 billion in 2024 to USD 61.21 billion in 2032 and is expected to exhibit a CAGR of 9.1% from 2024 to 2032. What Are Flexible Electronics? Flexible electronics refers to a technology in which electronic circuits are constructed on pliable substrates such as plastic or metal foil, enabling them to bend,โ€ฆ
Floating Power Plant Market Anticipated to Hit US$ 24.00 Billion Growing at 9.20% CAGR Forecast By 2032
Floating Power Plant Market Anticipated to Hit US$ 24.00 Billion Growing at 9.20 โ€ฆ
The floating power plant market is projected to increase at a compound annual growth rate (CAGR) of 9.20% from USD 11.84 billion in 2024 to USD 24.00 billion by 2032. The market was valued at USD 11.03 billion in 2023. Market Introduction: A floating power plant is a power generation facility designed to remain buoyant on a body of water, like a lake or ocean, allowing it to generate electricity while anchoredโ€ฆ
Submarine Cables Market Size to Grow to From US$ 28.26 Billion in 2024 to US$ 44.01 Billion in 2032 with a CAGR of 5.70%
Submarine Cables Market Size to Grow to From US$ 28.26 Billion in 2024 to US$ 44 โ€ฆ
What Are Submarine Cables? Submarine cables are cables laid on the ocean floor that transmit data, power, and voice communications. They are the backbone of the global internet, carrying most international data. Submarine cables are made of marine-grade polyethylene, copper conductors, and a glass fiber core. The glass fiber core is made of silicon glass optical fibers, each thinner than a human hair. Layers of insulation and protection surround the fibers.โ€ฆ
The Voice Assistant Application Market is set to reach US$ 20.66 billion by 2028, expanding at a CAGR of 32.7% over the forecast period.
The Voice Assistant Application Market is set to reach US$ 20.66 billion by 2028 โ€ฆ
The voice assistant application market was valued at USD 2.48 billion in 2020. The market is expected to expand at a compound annual growth rate (CAGR) of 32.7%, growing to USD 20.66 billion by 2028. Report Scope : The report primarily focuses on recent advancements, leading firms in the industry, market share, revenue produced, and regional information to provide a detailed overview of the voice assistant application market. Download Free Sampleโ€ฆ

All 5 Releases


More Releases for Lancets

Global Diabetic Lancets Market By Type (Reusable Lancets, Disposable Lancets) By โ€ฆ
The Global Diabetic Lancets Market 2020 report implement in-depth research of the industry with a focus on the current market trends future prospects. The Global Diabetic Lancets Market report aims to provide an overview of Diabetic Lancets Market players with detailed market segmentation by product, application and geographical region. It also provides market share and size, revenue forecast, growth opportunity. The most recent trending report Worldwide Diabetic Lancets Market Economyโ€ฆ
Disposable Lancets Market Competitive Analysis 2019-2027
The โ€œDisposable Lancets Market: Global Industry Perspective, Comprehensive Analysis and Forecast, 2018-2025โ€ report has been added to Zion Market Research offering. (Sample Copy Here) The global Disposable Lancets Market report offers the important data related to the global Disposable Lancets Market along with dominant players in the market. It highlights the information about the industries and market, technologies, and abilities over the trends and the developments of the industries.โ€ฆ
Global Safety Lancets Market Growth 2019-2024
Market Research Report Store offers a latest published report on Safety Lancets Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Safety Lancets players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.To analyze the Safety Lancets with respect to individualโ€ฆ
Sterile Lancets Market Trends Estimates High Demand by 2026
Sterile Lancets Market report 2018-2026 focuses on the major drivers and restraints for the key players. These research report also provides granular analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. The Sterile Lancets market research report is a professional and in-depth study on the current state of Sterile Lancets Industry. The Sterile Lancets Market research report covers the present scenario and the growth prospects ofโ€ฆ
Global Lancets Sales Market Report 2018
This report studies the global Lancets market status and forecast, categorizes the global Lancets market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America). Lancets are a pricking needle used to obtain drops of blood for testing. Lancets are being increasingly usedโ€ฆ
Blood Sugar Lancets Market Snapshot by 2017 โ€“ 2025
Blood Sugar Lancets Market Overview Diabetes is a global scourge that is largely due to our modern day, fast-paced lifestyle. According to the International Diabetes Federation, 415 million adults were living with this disease in the year 2015, which is a sharp rise from 108 million in 1980. This corresponds to roughly 8.5% of the global population or one in eight adults. While it was largely seen in developed countries initially,โ€ฆ