Lancet Market by Type (Personal Lancets, Safety Lancets), Design (Pull-top, Standard, Twist-off), Size, Application, End User - Global Forecast 2024-2030

Lancet Market by Type (Personal Lancets, Safety Lancets), Design (Pull-top, Standard, Twist-off), Size, Application, End User - Global Forecast 2024-2030


The Lancet Market size was estimated at USD 2.52 billion in 2023 and expected to reach USD 2.74 billion in 2024, at a CAGR 9.55% to reach USD 4.77 billion by 2030.

Global Lancet Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Lancet Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Lancet Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Lancet Market, highlighting leading vendors and their innovative profiles. These include Abbott Laboratories, AdvaCare Pharma, Advin Health Care, Amkay Products Pvt. Ltd., Apothecaries Sundries Manufacturing Co., ARKRAY, Inc., B. Braun SE, Becton, Dickinson and Company, Bioactiva Diagnostica GmbH, Chongqing New World Trading Co., Ltd., Deluxe Scientific Surgico Pvt. Ltd., F. Hoffmann-La Roche Ltd., Hebei Xinle Sci&Tech Co., Ltd., HTL-STREFA S.A., JiangSu Huida Medical Instruments Co., Ltd., Medtronic PLC, Medtrue Enterprise Co, Ltd., Narang Medical Limited, Nipro Medical Corporation, Owen Mumford Limited, Phoenix Healthcare Solution, LLC, Proexamine Surgicals Private Limited, Sara HealthCare Pvt.Ltd., Sarstedt AG & Co. KG, Shanghai Kohope Medical Devices Co., Ltd., Smith Medical by ICU Medical, Inc., Sterimed Group, and Terumo Corporation.

Market Segmentation & Coverage

This research report categorizes the Lancet Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
Personal Lancets

Safety Lancets
Pressure Activated

Push Button

Side Button

Design
Pull-top

Standard

Twist-off

Size
23 Gauge

25 Gauge

28 Gauge

Application
Blood Test

Hemoglobin Test

Skin Test

End User
Diagnostic Centers

Homecare

Hospitals and Clinics

Region
Americas
Argentina

Brazil

Canada

Mexico

United States
California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas

Asia-Pacific
Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam

Europe, Middle East & Africa
Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Lancet Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Lancet Market?
3. What are the technology trends and regulatory frameworks in the Lancet Market?
4. What is the market share of the leading vendors in the Lancet Market?
5. Which modes and strategic moves are suitable for entering the Lancet Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Lancet Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rising concern about low and high blood sugar among individuals
5.1.1.2. High availability of lancet through online distribution channels
5.1.1.3. Government initiatives in diabetes check up campaigns
5.1.2. Restraints
5.1.2.1. Inaccuracy in skin puncture for blood drop diagnostic purpose
5.1.3. Opportunities
5.1.3.1. Innovations of technologically advanced lancet devices
5.1.3.2. Rapid adoption of home-based healthcare and telemedicine
5.1.4. Challenges
5.1.4.1. Stringent government regulations associated with lancets
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Lancet Market, by Type
6.1. Introduction
6.2. Personal Lancets
6.3. Safety Lancets
6.4.1. Pressure Activated
6.4.2. Push Button
6.4.3. Side Button
7. Lancet Market, by Design
7.1. Introduction
7.2. Pull-top
7.3. Standard
7.4. Twist-off
8. Lancet Market, by Size
8.1. Introduction
8.2. 23 Gauge
8.3. 25 Gauge
8.4. 28 Gauge
9. Lancet Market, by Application
9.1. Introduction
9.2. Blood Test
9.3. Hemoglobin Test
9.4. Skin Test
10. Lancet Market, by End User
10.1. Introduction
10.2. Diagnostic Centers
10.3. Homecare
10.4. Hospitals and Clinics
11. Americas Lancet Market
11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States
12. Asia-Pacific Lancet Market
12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.
10. South Korea
12.
11. Taiwan
12.
12. Thailand
12.
13. Vietnam
13. Europe, Middle East & Africa Lancet Market
13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.
10. Nigeria
13.
11. Norway
13.
12. Poland
13.
13. Qatar
13.
14. Russia
13.
15. Saudi Arabia
13.
16. South Africa
13.
17. Spain
13.
18. Sweden
13.
19. Switzerland
13.
20. Turkey
13.
21. United Arab Emirates
13.
22. United Kingdom
14. Competitive Landscape
14.1. FPNV Positioning Matrix
14.2. Market Share Analysis, By Key Player
14.3. Competitive Scenario Analysis, By Key Player
15. Competitive Portfolio
15.1. Key Company Profiles
15.1.1. Abbott Laboratories
15.1.2. AdvaCare Pharma
15.1.3. Advin Health Care
15.1.4. Amkay Products Pvt. Ltd.
15.1.5. Apothecaries Sundries Manufacturing Co.
15.1.6. ARKRAY, Inc.
15.1.7. B. Braun SE
15.1.8. Becton, Dickinson and Company
15.1.9. Bioactiva Diagnostica GmbH
15.1.
10. Chongqing New World Trading Co., Ltd.
15.1.
11. Deluxe Scientific Surgico Pvt. Ltd.
15.1.
12. F. Hoffmann-La Roche Ltd.
15.1.
13. Hebei Xinle Sci&Tech Co., Ltd.
15.1.
14. HTL-STREFA S.A.
15.1.
15. JiangSu Huida Medical Instruments Co., Ltd.
15.1.
16. Medtronic PLC
15.1.
17. Medtrue Enterprise Co, Ltd.
15.1.
18. Narang Medical Limited
15.1.
19. Nipro Medical Corporation
15.1.
20. Owen Mumford Limited
15.1.
21. Phoenix Healthcare Solution, LLC
15.1.
22. Proexamine Surgicals Private Limited
15.1.
23. Sara HealthCare Pvt.Ltd.
15.1.
24. Sarstedt AG & Co. KG
15.1.
25. Shanghai Kohope Medical Devices Co., Ltd.
15.1.
26. Smith Medical by ICU Medical, Inc.
15.1.
27. Sterimed Group
15.1.
28. Terumo Corporation
15.2. Key Product Portfolio
16. Appendix
16.1. Discussion Guide
16.2. License & Pricing
FIGURE 1. LANCET MARKET RESEARCH PROCESS
FIGURE 2. LANCET MARKET SIZE, 2023 VS 2030
FIGURE 3. LANCET MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. LANCET MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. LANCET MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. LANCET MARKET DYNAMICS
FIGURE 7. LANCET MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 8. LANCET MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. LANCET MARKET SIZE, BY DESIGN, 2023 VS 2030 (%)
FIGURE 10. LANCET MARKET SIZE, BY DESIGN, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. LANCET MARKET SIZE, BY SIZE, 2023 VS 2030 (%)
FIGURE 12. LANCET MARKET SIZE, BY SIZE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. LANCET MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 14. LANCET MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. LANCET MARKET SIZE, BY END USER, 2023 VS 2030 (%)
FIGURE 16. LANCET MARKET SIZE, BY END USER, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. AMERICAS LANCET MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. AMERICAS LANCET MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. UNITED STATES LANCET MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 20. UNITED STATES LANCET MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. ASIA-PACIFIC LANCET MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 22. ASIA-PACIFIC LANCET MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. EUROPE, MIDDLE EAST & AFRICA LANCET MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 24. EUROPE, MIDDLE EAST & AFRICA LANCET MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 25. LANCET MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 26. LANCET MARKET SHARE, BY KEY PLAYER, 2023

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