Global Safety Lancet Market Growth 2023-2029

Global Safety Lancet Market Growth 2023-2029

Lancets are a pricking needle used to obtain drops of blood for testing. Lancets are being increasingly used by patients affected by cardiovascular and endocrine-related complications. These devices are being used for cholesterol and glucose tests, heelstick screening tests or phenylketonuria (PKU) tests in newborns, as well as for severely burned or scarred emergency patients, extremely obese patients and thrombotic-tendency patients.

LPI (LP Information)' newest research report, the “Safety Lancet Industry Forecast” looks at past sales and reviews total world Safety Lancet sales in 2022, providing a comprehensive analysis by region and market sector of projected Safety Lancet sales for 2023 through 2029. With Safety Lancet sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Safety Lancet industry.

This Insight Report provides a comprehensive analysis of the global Safety Lancet 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 Safety Lancet portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Safety Lancet market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Safety Lancet 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 Safety Lancet.

The global Safety Lancet market size is projected to grow from US$ 1023.1 million in 2022 to US$ 1705.4 million in 2029; it is expected to grow at a CAGR of 1705.4 from 2023 to 2029.

Global Safety Lancets key players include BD, Greiner Bio One, B. Braun, etc. Global top 3 manufacturers hold a share over 52%.

Europe is the largest market, with a share about 35%, followed by North America and Asia Pacific, have a share about 30% and 26%.

In terms of product, soft blood collection needle is the largest segment, with a share over 77%. And in terms of application, the largest application is hospital and clinics, followed by diagnostic centers.

This report presents a comprehensive overview, market shares, and growth opportunities of Safety Lancet market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Push Button Safety Lancet
Pressure Activated Safety Lancet
Side Button Safety Lancet

Segmentation by application
Hospitals & Clinics
Diagnostic Centers
Pathology Laboratories
Home Diagnostics
Other

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.
F. Hoffmann-La Roche AG
Becton
Dickinson and Company
Terumo Medical Corporation
Bayer AG
HTL-STREFA S.A.
Sarstedt AG & Co.
Improve Medical Technology Co. Ltd.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Safety Lancet market?

What factors are driving Safety Lancet market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Safety Lancet market opportunities vary by end market size?

How does Safety Lancet 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.