Safety Lancet Market Overview
A safety lancet is a small piece of medical equipment that looks like a scalpel attached to a double-edged needle or blade and is used for the capillary blood sample. Lancets are single-use devices that can be used for punchers, such as finger sticks to collect tiny blood samples. A safety blood lancet is essentially a one-time use item. The global Safety Lancet Market is expected to rise at a significant rate in the forthcoming years.
The market for safety lancets is an important and dynamic part of the healthcare industry. The rise in healthcare device advances such as treatment and prevention of various diseases, as well as diagnosis, is a major factor contributing to the growth of the safety lancet market. The size of the safety lancet market is influenced by all aspects of the healthcare sector. Other important factors driving the growth of the safety lancet market include the rise in chronic conditions such as dyslipidemia, diabetes, and hyperlipidemia, as well as the rise in-home care diagnosis.
Furthermore, the increased demand for disposable blood lancets for painless haemoglobin, fat, blood sugar, and other key blood components diagnosis is expected to drive the growth of the safety lancet market. The disposable lancet reduces the danger of infection transmission and blood transfusion, leading to the global blood lancet market expansion.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Type, End-User, and Region. |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | 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, others. |
Covid-19 Impact on Safety Lancet Market
In addition, the current Safety Lancet Market study offers a detailed analysis of the current COVID-19 pandemic impact on the market growth and its influence on the future growth of the Safety Lancet Market. The recently published report demonstrates the elevation in the demand for the healthcare sector. The healthcare manufacturers have experienced long term as well as short term effect which includes supply shortages, panic buying, and stocking, regulation changes as short-term whereas approval delays and possible trend variations in consumption could be perceived as long-term impacts of COVID-19 on the health and pharmaceutical market.
The increasing need for a cure has pushed vaccine research and manufacturers to the limit. In addition to this, panic conditions have already spurred the demand for many healthcare products and services which are discussed in detail in this report. Moreover, the impact of COVID-19 on overall market revenue for the base year 2020 and its projection up to 2027 is provided in detail in this report.
Safety Lancet Market Segment Overview
According to Type, the Safety Blood Lancets is one of the most prominent segments of the global Safety Lancet Market. A safety blood lancet, or simply lancet, is a small medical implement used for capillary blood sampling. A blood lancet is similar to a small scalpel but with a double-edged blade or needle. Lancets are used to make punctures, such as a finger stick, to obtain small blood specimens.
Safety Lancet Market, By Type
· Standard
· Safety Blood Lancets
· Vacuum Blood Lancets
Safety Lancet Market, By End-User
· Hospitals &Clinics
· Blood Banks
· Homecare
· Others
Safety Lancet Market Regional Overview
Geographically, North America commanded a major share of the market and is predictable to maintain its supremacy over the forecast period. This is attributable to the region's favourable reimbursement policies and growing patient population. The rising frequency of new product launches, as well as rising healthcare expenditures in this region, are propelling the expansion of the safety lancet market in this region. The Asia Pacific region is expected to develop at the quickest rate over the projection period. This is due to its increased healthcare infrastructure and the rising numbers of patients requiring diagnostic tests for treatment. Moreover, incidences of chronic and infectious diseases are on the rise further contributing to the growth of the market in this region.
Safety Lancet Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Safety Lancet Market, Key Players
· 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
· others
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the global Safety Lancet market?
The rise in healthcare device advances such as treatment and prevention of various diseases, as well as diagnosis, is a major factor contributing to the growth of the safety lancet market
Q2. Which Segments are covered in the global Safety Lancet market report?
Type, End-User, and Region. these segments are covered in the global Safety Lancet market report.
Q3. Which segment is projected to hold the largest share in the global Safety Lancet market?
Safety Blood Lancets segment is projected to hold the largest share in the global Safety Lancet market.
Q4. Which region holds the largest share in the global Safety Lancet market?
North America holds the largest share in the global Safety Lancet market
Q5. Which are the prominent players in the global Safety Lancet market?
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, others. are some key players in the global Safety Lancet market.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Safety Lancet Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Type
- 5.2.1. Standard
- 5.2.2. Safety Blood Lancets
- 5.2.3. Vacuum Blood Lancets
- 5.3. Market Analysis, Insights and Forecast – By End-User
- 5.3.1. Hospitals &Clinics
- 5.3.2. Blood Banks
- 5.3.3. Homecare
- 5.3.4. Others
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America, Middle East and Africa
6. North America Safety Lancet Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Type
- 6.2.1. Standard
- 6.2.2. Safety Blood Lancets
- 6.2.3. Vacuum Blood Lancets
- 6.3. Market Analysis, Insights and Forecast – By End-User
- 6.3.1. Hospitals &Clinics
- 6.3.2. Blood Banks
- 6.3.3. Homecare
- 6.3.4. Others
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
7. Europe Safety Lancet Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Type
- 7.2.1. Standard
- 7.2.2. Safety Blood Lancets
- 7.2.3. Vacuum Blood Lancets
- 7.3. Market Analysis, Insights and Forecast – By End-User
- 7.3.1. Hospitals &Clinics
- 7.3.2. Blood Banks
- 7.3.3. Homecare
- 7.3.4. Others
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. UK
- 7.4.2. Germany
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Rest of Europe
8. Asia Pacific Safety Lancet Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Type
- 8.2.1. Standard
- 8.2.2. Safety Blood Lancets
- 8.2.3. Vacuum Blood Lancets
- 8.3. Market Analysis, Insights and Forecast – By End-User
- 8.3.1. Hospitals &Clinics
- 8.3.2. Blood Banks
- 8.3.3. Homecare
- 8.3.4. Others
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. Australia
- 8.4.5. South East Asia
- 8.4.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Safety Lancet Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Type
- 9.2.1. Standard
- 9.2.2. Safety Blood Lancets
- 9.2.3. Vacuum Blood Lancets
- 9.3. Market Analysis, Insights and Forecast – By End-User
- 9.3.1. Hospitals &Clinics
- 9.3.2. Blood Banks
- 9.3.3. Homecare
- 9.3.4. Others
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil
- 9.4.2. Saudi Arabia
- 9.4.3. UAE
- 9.4.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. F. Hoffmann-La Roche AG
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Becton, Dickinson and Company
- 10.6. Terumo Medical Corporation
- 10.7. Bayer AG
- 10.8. HTL-STREFA S.A.
- 10.9. Sarstedt AG & Co.
- 10.10. Improve Medical Technology Co. Ltd
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
