Global Lancing Devices Market Growth 2023-2029

Global Lancing Devices Market Growth 2023-2029

Lancing device is an instrument equipped with a lancet. It is also most commonly used by diabetics during blood glucose monitoring. The depth of skin penetration can be adjusted for various skin thicknesses. Long lancing devices are used for fetal scalp blood testing to get a measure of the acid base status of the fetus.
The lancing device is a convenient medical tool for collecting capillary blood samples for glucose monitoring or other tests requiring one or two drops of blood. It is dedicated for home diagnostics and aimed to be used by patients when performing skin puncture on them. A convenient and effortless device specially designed for the highest comfort in daily diabetes management.
LPI (LP Information)' newest research report, the “Lancing Devices Industry Forecast” looks at past sales and reviews total world Lancing Devices sales in 2022, providing a comprehensive analysis by region and market sector of projected Lancing Devices sales for 2023 through 2029. With Lancing Devices sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Lancing Devices industry.
This Insight Report provides a comprehensive analysis of the global Lancing Devices landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Lancing Devices portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Lancing Devices market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Lancing Devices and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Lancing Devices.
The global Lancing Devices market size is projected to grow from US$ 315 million in 2022 to US$ 439.6 million in 2029; it is expected to grow at a CAGR of 439.6 from 2023 to 2029.
Global Lancing Devices key players include Roche, Lifescan, Abbott, Ascensia, B. Braun , etc. Global top five manufacturers hold a share over 40%.
Americas is the largest market, with a share about 40%, followed by APAC, Europe, both have a share about 45 percent. In terms of product, Adjustable Lancing Device is the largest segment, with a share over 95%. And in terms of application, the largest application is Glucose Tests, followed by Cholesterol Tests.
This report presents a comprehensive overview, market shares, and growth opportunities of Lancing Devices market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Adjustable Lancing Device
Non-adjustable Lancing Device
Segmentation by application
Glucose Tests
Cholesterol Tests
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Roche
Lifescan
Abbott
Ascensia
B. Braun
TERUMO
Sinocare
ARKRAY
GMMC Group
BIONIME
LIANFA
Lobeck Medical AG

Key Questions Addressed in this Report
What is the 10-year outlook for the global Lancing Devices market?
What factors are driving Lancing Devices market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Lancing Devices market opportunities vary by end market size?
How does Lancing Devices break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.