The Lancing Devices & Lancets Market size was valued at USD 2.04 Billion in 2023 and the total Lancing Devices & Lancets Market revenue is expected to grow at a CAGR of 7.25 % from 2024 to 2030, reaching nearly USD 3.33 Billion.Lancing Devices & Lancets Market Overview
The lancet is a small medical device used for blood sampling and it has a sharp pointed needle at one end. It is designed for single use to check and monitor blood sugar (glucose) levels in diabetic patients, haemoglobin, and blood components testing by pricking the skin on the finger and obtaining a blood sample. The device contains two parts one is a lancet holder and another is a lancet that contains a sharp needle. Patients prefer painless and comfortable experience while monitoring ad conducting tests for which companies are manufacturing vacuum technology to minimize pain. Accusure has engineered blood lancets to provide a painless and comfortable experience to their consumers maintaining the highest level of precision and ensuring their lancets are durable made up of high-quality materials, are compatible, and give the best performance. The device by Roche Diabetics launched a device named Accu-Check Fast Clix that has 11 depth settings with precision-guided lancet launching to minimize side-to-side movement. Its lancet needle comes with a bevel-cut edge to smooth out puncture and the lancet needle comes preloaded in a drum of six.To know about the Research Methodology :- Request Free Sample Report The Lancing Devices & Lancets Market report study includes the sales revenue of Lancing Devices & Lancets Market leaders, market followers, and market disrupters in the report, and analysis is done for the same. The market includes sales of lancing devices, lancets, and related services. Lancets and lancing devices are used to prick the skin to get blood samples for the testing level of glucose. The report also includes dynamics of the market, where market segmentation based on product type, application, and end-user is also studied. A study and analysis of key market players and a regional analysis of major regions of the market are also included.
Lancing Devices & Lancets Market Dynamics
The Lancing Devices & Lancets Market is expected to grow rapidly in revenue as the demand for medical supplies is increasing. The occurrence of diabetes and blood pressure problems is also increasing in people as a greater number of populations is getting affected by these diseases and symptoms. The company manufacturing Lancing Devices & Lancets sees this as an opportunity to expand and earn revenue as demand for Coagulation Testing and its complementary goods is increasing. It’s good for companies to stay prepared in advance to meet the increasing market demand. Further, the report includes a detailed analysis of factors that drive and restrain the market. Also, the challenges that the Lancing Devices & Lancets Market faces and opportunities are discussed as well. Drivers People are choosing convenience and Pain-free alternatives Patients with diabetes and high blood pressure require continuous monitoring of blood sugar glucose levels and blood pressure levels. Instead of visiting doctors every time patients choose convenience if they do the same procedure at home and monitor their levels. Patients are in search of devices and products that are easy to use, convenient give accurate results, and help to track the monitoring process. These reasons and factors drive demand for the Lancing Devices & Lancets Market. A wide variety of applications of the same devices used for blood testing also contributes to the growth of the Lancing Devices & Lancets Market. An increase in awareness about blood glucose monitoring devices and the importance of monitoring health also contributes to the growth of the market and will drive demand for the market in the future. Even people willing to pay for Diagnostic centre expenditure is also rising creating easy access for treatment to patients. Increase in the number of Diabetic and blood pressure patients According to WHO, about 422 million people worldwide have diabetics, and the majority of them about every 3 in 4 adults are living in low- and middle-income countries from which 1.5 million deaths occur each year. According to IDF Diabetes Atlas, around 537 million adults between the age of 20-79 years are living with diabetes and this number is projected to rise to 643 million by 2030 and 783 million by 2045. The increase in the number of patients around the globe with diabetes and blood pressure drives the market and creates demand for the purchase of lancets and lancing devices as they are convenient and more affordable options for monitoring. The development of accurate and reliable devices has led to early and precise detection of patients contributing to better diagnosis of patients. As the number of hospitals is increasing access to affordable treatment and testing options is also increasing, which is critical for patient survival. With increasing patient’s companies are launching new products that have the potential to flourish in the Lancing Devices & Lancets Market. Like, Genteel LLC., launched its patented painless vacuum-lancing device which allows patients to draw blood from anywhere on the body without hitting the pain nerves. Another company Abbott Laboratories launched its freestyle Libre system in India which is a continuous glucose monitoring technology that allows patients to check glucose anytime and anywhere improving glucose control.Restraints Rise in alternative technology for Blood Testing The rise in alternative technologies available is a restraining factor for the Lancing Devices & Lancets Market. Alternative technologies like continuous glucose monitoring (CGM) and non-invasive glucose monitoring devices like wearable sensors and optical methods are gaining popularity. These methods reduce the need for traditional lancet devices using the fingerstick testing method. It has a major impact on the market as it has the potential to reduce the demand for traditional Lancing Devices & Lancets Market. This demand reduction is due to factors like changes in patient preference for less painful testing methods and advanced sensor technology that allows continuous monitoring without the requirement for frequent blood sampling. High cost of advanced diabetes management devices The high cost of advanced diabetes management devices is a restrain as devices like continuous glucose monitoring CGM systems and insulin pumps are more expensive than traditional devices and lancets in the Lancing Devices & Lancets Market. This high cost is a barrier in regions with limited Diagnostic center budgets. The cost-conscious nature of the Diagnostic center system and patient affordability leads to the slow adoption of expensive advanced devices and lancets. In this case, patients who cannot afford to rely on more affordable and economical options. Price per patient per year costs between US$87.6-1,285/year and for many this is unaffordable. Opportunities Rising patients in developing countries Developing countries like India, China, and other countries of southeast Asia show promising opportunities in the Lancing Devices & Lancets Market because of the rapid rise in more people getting diagnosed with diabetes and the increasing disposable incomes of the population. Lancing Devices & Lancets manufacturers need to increase penetration in these countries to expand and earn good sales. Companies and manufacturers do this by increasing awareness of the product to increase product acceptance. Introducing cost-effective products and alternatives and promoting products with extensive marketing, promotional campaigns, and awareness to increase adoption of lancets among people overall contributing to penetration of lancets in the market. In India, a company named Sanofi India Ltd. launched the Kids & Diabetics in School program that provides education to students about diabetes and promotes healthy lifestyles in the school environment and the communities. The Aim of the company behind this program is to ensure a healthy tomorrow for future generations.
Challenges Strict Rules and regulations causing regulatory hurdles Strict rules and regulations laid down by governing bodies are a challenge for companies to launch products and cause delays in the process of approval and launch. Regulations by the FDA and CCA have various rules and regulations that mention guidelines about how the packaging, labeling, and instructions should be. The guidance also suggests changes in the labeling of fingerstick blood Lancet. Needlestick injuries are a global threat that affects around 44.5% of Diagnostic center workers once a year. FDA is concerned about the risk of transmission, blood-borne diseases, finger prick injuries, etc. All this is implemented and done to avoid adverse effects and safety concerns related to patients that include pain, infection, inaccurate reading, etc in the Lancing Devices & Lancets Market. Needlestick injuries are one of the major risks associated with personal lancet usage. According to the American Medical Association, in the US, around 600,000 to 800,000 needlestick injuries are reported every year. The CDC estimates that an average of 385,000 needlestick injuries occur annually in US hospital settings. Needlestick injuries are one of the most serious health and safety threats associated with the use of lancet needles. Personalised Diagnostic center solutions With increasing focus on personalized medicine and patient-centric approaches leads to the development of customized lancing devices in the Lancing Devices & Lancets Market. GD500 by Bionime lancing device has customisable depth, reduces pain associated with lancing, compact. For instance, another example is the Phoenix Lancing device by Phoenix Diagnostic Center Solutions LLC., which uses a sterile lancet and is operated using a single press button which requires minimal effort to take drops of blood and is designed to provide easy and convenient testing and monitoring experience at home and clinic.
Lancing Devices & Lancets Market Segment Analysis
The Lancing Devices & Lancets Market is a niche market segment where the MMR report covers and provides analysis and information on how the segments contribute to the growth of the Lancing Devices & Lancets Market. This report covers segments by product type, end-user, and Application. The safety lancet segment projects the highest growth rate in the market based on the market segment by product type. Based on product type the Lancing Devices & Lancets Market is divided into Standard Lancets, Safety Lancets, Flake Lancets, Professional Lancets, Pressure-activated Lancets, Push-Button Lancets, Side-button Lancets, Personal Lancets and Fixed Depth Lancets. Demand for Safety Lancets is rising among the testing of diabetic patients and other chronic disease patients. Based on End Use Industry: Based on end-users the market is segmented into Hospitals, Research and Development, Home Care and Home Diagnostics, Clinics, Diagnostic centers, Medical Institutions, Others, etc. Based on end-users Hospitals, Clinics, and diagnostic centers dominate the market due to the increase in demand of a rising number of hospitals and diagnostic centers. The number of hospitals and diagnostic centers is increasing due to an increase in demand for regular glucose testing, hemoglobin testing, cholesterol testing, allergy testing, coagulation testing, Neonatal screening, etc. The number of hospitals and surgical centers is also increasing in both developing and developed countries. So, the demand for Coagulation Testing and surgical devices is high in these newly opened hospitals and surgical and diagnostic centers in the Lancing Devices & Lancets Market.Lancing Devices & Lancets Market Regional Insights
North America accounts for the largest market share in the Lancing Devices & Lancets Market. This is because of a rising number of patients and those patients prefer diabetes-lancing devices in the USA. Followed by North America Europe leads the market in second position due to an increase in R&D activities for the development of new products and alternatives with rapid changes in the lifestyle of the population. This research includes key players operating in the regions of the Global Market. This report includes a comprehensive analysis of the Global Lancing Devices & Lancets Market including the stakeholders of the industry. Using the past and current status of the market future market size is forecasted and trends are discussed in the report. The report covers in-depth information on the study of key players, market leaders, followers, and new entrants into the market. Where PORTER analysis, SWOT analysis, and PESTEL analysis for factors are carried out and presented in the report. All the external and internal factors affecting the Lancing Devices & Lancets Market are analyzed and discussed which gives a futuristic perspective of the Lancing Devices & Lancets Market to the decision makers.Lancing Devices & Lancets Market Scope: Inquire Before Buying
Global Lancing Devices & Lancets Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US $ 1.15 Bn. Forecast Period 2024 to 2030 CAGR: 10.72% Market Size in 2030: US $ 2.35 Bn. Segments Covered: by Product Type Standard Lancets Safety Lancets Flake Lancets Professional Lancets Pressure-activated Lancets Push-Button Lancets Side-button Lancets Personal Lancets Fixed Depth Lancets by End User Glucose Testing Haemoglobin Testing Cholesterol Testing Coagulation Testing Allergy testing Coagulation testing Neonatal screening Others by End User Hospitals Research and Development Home Care and Home Diagnostics Clinics Diagnostic centre Medical Institutions Others Lancing Devices & Lancets Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Lancing Devices & Lancets Market, Key Players
1. Terumo Corporation 2. B. Braun Melsungen AG 3. Gerresheimer AG 4. F. Hoffmann-La Roche AG 5. Sanofi 6. Bayer AG 7. Eli Lilly and Company 8. Novo Nordisk 9. Owen Mumford Ltd 10. Medtronic 11. Ypsomed Holding AG 12. Sarstedt AG & Co 13. Abbott Laboratories 14. HTL-STREFA S.A 15. LifeScan 16. ARKRAY 17. I-SENS 18. Nipro 19. AgaMatrix 20. Allison Medical Inc. 21. Greiner Bio-One International GmbH 22. Becton Dickinson and Company Frequently Asked Questions: 1] What segments are covered in the Global Lancing Devices & Lancets Market report? Ans. The segments covered in the Lancing Devices & Lancets Market report are based on Product Type, Application, End-Users, and Region. 2] Which region held the largest Lancing Devices & Lancets Market share in 2023? Ans. The North American region held the largest Lancing Devices & Lancets Market share in 2023 in which China was the leading country. 3] What is the expected Lancing Devices & Lancets Market size by 2030? Ans. The Lancing Devices & Lancets Market size is expected to reach US$ 2.04 Bn by 2030. 4] What was the key driver of the Global Lancing Devices & Lancets Market? Ans. People are choosing convenience and Pain-free alternatives and the increase in the number of Diabetic and blood pressure patients are major driver. 5] What is the expected CAGR of the Global Lancing Devices & Lancets Market during the forecast period? Ans. The expected CAGR of the Lancing Devices & Lancets Market is 7.25% during the forecast period.
1. Lancing Devices & Lancets Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Lancing Devices & Lancets Market: Dynamics 2.1. Lancing Devices & Lancets Market Trends by Region 2.1.1. North America Lancing Devices & Lancets Market Trends 2.1.2. Europe Lancing Devices & Lancets Market Trends 2.1.3. Asia Pacific Lancing Devices & Lancets Market Trends 2.1.4. Middle East and Africa Lancing Devices & Lancets Market Trends 2.1.5. South America Lancing Devices & Lancets Market Trends 2.2. Lancing Devices & Lancets Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Lancing Devices & Lancets Market Drivers 2.2.1.2. North America Lancing Devices & Lancets Market Restraints 2.2.1.3. North America Lancing Devices & Lancets Market Opportunities 2.2.1.4. North America Lancing Devices & Lancets Market Challenges 2.2.2. Europe 2.2.2.1. Europe Lancing Devices & Lancets Market Drivers 2.2.2.2. Europe Lancing Devices & Lancets Market Restraints 2.2.2.3. Europe Lancing Devices & Lancets Market Opportunities 2.2.2.4. Europe Lancing Devices & Lancets Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Lancing Devices & Lancets Market Drivers 2.2.3.2. Asia Pacific Lancing Devices & Lancets Market Restraints 2.2.3.3. Asia Pacific Lancing Devices & Lancets Market Opportunities 2.2.3.4. Asia Pacific Lancing Devices & Lancets Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Lancing Devices & Lancets Market Drivers 2.2.4.2. Middle East and Africa Lancing Devices & Lancets Market Restraints 2.2.4.3. Middle East and Africa Lancing Devices & Lancets Market Opportunities 2.2.4.4. Middle East and Africa Lancing Devices & Lancets Market Challenges 2.2.5. South America 2.2.5.1. South America Lancing Devices & Lancets Market Drivers 2.2.5.2. South America Lancing Devices & Lancets Market Restraints 2.2.5.3. South America Lancing Devices & Lancets Market Opportunities 2.2.5.4. South America Lancing Devices & Lancets Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Lancing Devices & Lancets Industry 2.8. Analysis of Government Schemes and Initiatives For Lancing Devices & Lancets Industry 2.9. Lancing Devices & Lancets Market Trade Analysis 2.10. The Global Pandemic Impact on Lancing Devices & Lancets Market 3. Lancing Devices & Lancets Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2023-2030 3.1. Lancing Devices & Lancets Market Size and Forecast, by Product Type (2023-2030) 3.1.1. Standard Lancets 3.1.2. Safety Lancets 3.1.3. Flake Lancets 3.1.4. Professional Lancets 3.1.5. Pressure-activated Lancets 3.1.6. Push-Button Lancets 3.1.7. Side-button Lancets 3.1.8. Personal Lancets 3.1.9. Fixed Depth Lancets 3.2. Lancing Devices & Lancets Market Size and Forecast, by Application (2023-2030) 3.2.1. Glucose Testing 3.2.2. Haemoglobin Testing 3.2.3. Cholesterol Testing 3.2.4. Coagulation Testing 3.2.5. Allergy testing 3.2.6. Coagulation testing 3.2.7. Neonatal screening 3.2.8. Others 3.3. Lancing Devices & Lancets Market Size and Forecast, by End User (2023-2030) 3.3.1. Hospitals 3.3.2. Research and Development 3.3.3. Home Care and Home Diagnostics 3.3.4. Clinics 3.3.5. Diagnostic centre 3.3.6. Medical Institutions 3.3.7. Others 3.4. Lancing Devices & Lancets Market Size and Forecast, by Region (2023-2030) 3.4.1. North America 3.4.2. Europe 3.4.3. Asia Pacific 3.4.4. Middle East and Africa 3.4.5. South America 4. North America Lancing Devices & Lancets Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 4.1. North America Lancing Devices & Lancets Market Size and Forecast, by Product Type (2023-2030) 4.1.1. Standard Lancets 4.1.2. Safety Lancets 4.1.3. Flake Lancets 4.1.4. Professional Lancets 4.1.5. Pressure-activated Lancets 4.1.6. Push-Button Lancets 4.1.7. Side-button Lancets 4.1.8. Personal Lancets 4.1.9. Fixed Depth Lancets 4.2. North America Lancing Devices & Lancets Market Size and Forecast, by Application (2023-2030) 4.2.1. Glucose Testing 4.2.2. Haemoglobin Testing 4.2.3. Cholesterol Testing 4.2.4. Coagulation Testing 4.2.5. Allergy testing 4.2.6. Coagulation testing 4.2.7. Neonatal screening 4.2.8. Others 4.3. North America Lancing Devices & Lancets Market Size and Forecast, by End User (2023-2030) 4.3.1. Hospitals 4.3.2. Research and Development 4.3.3. Home Care and Home Diagnostics 4.3.4. Clinics 4.3.5. Diagnostic centre 4.3.6. Medical Institutions 4.3.7. Others 4.4. North America Lancing Devices & Lancets Market Size and Forecast, by Country (2023-2030) 4.4.1. United States 4.4.1.1. United States Lancing Devices & Lancets Market Size and Forecast, by Product Type (2023-2030) 4.4.1.1.1. Standard Lancets 4.4.1.1.2. Safety Lancets 4.4.1.1.3. Flake Lancets 4.4.1.1.4. Professional Lancets 4.4.1.1.5. Pressure-activated Lancets 4.4.1.1.6. Push-Button Lancets 4.4.1.1.7. Side-button Lancets 4.4.1.1.8. Personal Lancets 4.4.1.1.9. Fixed Depth Lancets 4.4.1.2. United States Lancing Devices & Lancets Market Size and Forecast, by Application (2023-2030) 4.4.1.2.1. Glucose Testing 4.4.1.2.2. Haemoglobin Testing 4.4.1.2.3. Cholesterol Testing 4.4.1.2.4. Coagulation Testing 4.4.1.2.5. Allergy testing 4.4.1.2.6. Coagulation testing 4.4.1.2.7. Neonatal screening 4.4.1.2.8. Others 4.4.1.3. United States Lancing Devices & Lancets Market Size and Forecast, by End User (2023-2030) 4.4.1.3.1. Hospitals 4.4.1.3.2. Research and Development 4.4.1.3.3. Home Care and Home Diagnostics 4.4.1.3.4. Clinics 4.4.1.3.5. Diagnostic centre 4.4.1.3.6. Medical Institutions 4.4.1.3.7. Others 4.4.2. Canada 4.4.2.1. Canada Lancing Devices & Lancets Market Size and Forecast, by Product Type (2023-2030) 4.4.2.1.1. Standard Lancets 4.4.2.1.2. Safety Lancets 4.4.2.1.3. Flake Lancets 4.4.2.1.4. Professional Lancets 4.4.2.1.5. Pressure-activated Lancets 4.4.2.1.6. Push-Button Lancets 4.4.2.1.7. Side-button Lancets 4.4.2.1.8. Personal Lancets 4.4.2.1.9. Fixed Depth Lancets 4.4.2.2. Canada Lancing Devices & Lancets Market Size and Forecast, by Application (2023-2030) 4.4.2.2.1. Glucose Testing 4.4.2.2.2. Haemoglobin Testing 4.4.2.2.3. Cholesterol Testing 4.4.2.2.4. Coagulation Testing 4.4.2.2.5. Allergy testing 4.4.2.2.6. Coagulation testing 4.4.2.2.7. Neonatal screening 4.4.2.2.8. Others 4.4.2.3. Canada Lancing Devices & Lancets Market Size and Forecast, by End User (2023-2030) 4.4.2.3.1. Hospitals 4.4.2.3.2. Research and Development 4.4.2.3.3. Home Care and Home Diagnostics 4.4.2.3.4. Clinics 4.4.2.3.5. Diagnostic centre 4.4.2.3.6. Medical Institutions 4.4.2.3.7. Others 4.4.3. Mexico 4.4.3.1. Mexico Lancing Devices & Lancets Market Size and Forecast, by Product Type (2023-2030) 4.4.3.1.1. Standard Lancets 4.4.3.1.2. Safety Lancets 4.4.3.1.3. Flake Lancets 4.4.3.1.4. Professional Lancets 4.4.3.1.5. Pressure-activated Lancets 4.4.3.1.6. Push-Button Lancets 4.4.3.1.7. Side-button Lancets 4.4.3.1.8. Personal Lancets 4.4.3.1.9. Fixed Depth Lancets 4.4.3.2. Mexico Lancing Devices & Lancets Market Size and Forecast, by Application (2023-2030) 4.4.3.2.1. Glucose Testing 4.4.3.2.2. Haemoglobin Testing 4.4.3.2.3. Cholesterol Testing 4.4.3.2.4. Coagulation Testing 4.4.3.2.5. Allergy testing 4.4.3.2.6. Coagulation testing 4.4.3.2.7. Neonatal screening 4.4.3.2.8. Others 4.4.3.3. Mexico Lancing Devices & Lancets Market Size and Forecast, by End User (2023-2030) 4.4.3.3.1. Hospitals 4.4.3.3.2. Research and Development 4.4.3.3.3. Home Care and Home Diagnostics 4.4.3.3.4. Clinics 4.4.3.3.5. Diagnostic centre 4.4.3.3.6. Medical Institutions 4.4.3.3.7. Others 5. Europe Lancing Devices & Lancets Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 5.1. Europe Lancing Devices & Lancets Market Size and Forecast, by Product Type (2023-2030) 5.2. Europe Lancing Devices & Lancets Market Size and Forecast, by Application (2023-2030) 5.3. Europe Lancing Devices & Lancets Market Size and Forecast, by End User (2023-2030) 5.4. Europe Lancing Devices & Lancets Market Size and Forecast, by Country (2023-2030) 5.4.1. United Kingdom 5.4.1.1. United Kingdom Lancing Devices & Lancets Market Size and Forecast, by Product Type (2023-2030) 5.4.1.2. United Kingdom Lancing Devices & Lancets Market Size and Forecast, by Application (2023-2030) 5.4.1.3. United Kingdom Lancing Devices & Lancets Market Size and Forecast, by End User (2023-2030) 5.4.2. France 5.4.2.1. France Lancing Devices & Lancets Market Size and Forecast, by Product Type (2023-2030) 5.4.2.2. France Lancing Devices & Lancets Market Size and Forecast, by Application (2023-2030) 5.4.2.3. France Lancing Devices & Lancets Market Size and Forecast, by End User (2023-2030) 5.4.3. Germany 5.4.3.1. Germany Lancing Devices & Lancets Market Size and Forecast, by Product Type (2023-2030) 5.4.3.2. Germany Lancing Devices & Lancets Market Size and Forecast, by Application (2023-2030) 5.4.3.3. Germany Lancing Devices & Lancets Market Size and Forecast, by End User (2023-2030) 5.4.4. Italy 5.4.4.1. Italy Lancing Devices & Lancets Market Size and Forecast, by Product Type (2023-2030) 5.4.4.2. Italy Lancing Devices & Lancets Market Size and Forecast, by Application (2023-2030) 5.4.4.3. Italy Lancing Devices & Lancets Market Size and Forecast, by End User (2023-2030) 5.4.5. Spain 5.4.5.1. Spain Lancing Devices & Lancets Market Size and Forecast, by Product Type (2023-2030) 5.4.5.2. Spain Lancing Devices & Lancets Market Size and Forecast, by Application (2023-2030) 5.4.5.3. Spain Lancing Devices & Lancets Market Size and Forecast, by End User (2023-2030) 5.4.6. Sweden 5.4.6.1. Sweden Lancing Devices & Lancets Market Size and Forecast, by Product Type (2023-2030) 5.4.6.2. Sweden Lancing Devices & Lancets Market Size and Forecast, by Application (2023-2030) 5.4.6.3. Sweden Lancing Devices & Lancets Market Size and Forecast, by End User (2023-2030) 5.4.7. Austria 5.4.7.1. Austria Lancing Devices & Lancets Market Size and Forecast, by Product Type (2023-2030) 5.4.7.2. Austria Lancing Devices & Lancets Market Size and Forecast, by Application (2023-2030) 5.4.7.3. Austria Lancing Devices & Lancets Market Size and Forecast, by End User (2023-2030) 5.4.8. Rest of Europe 5.4.8.1. Rest of Europe Lancing Devices & Lancets Market Size and Forecast, by Product Type (2023-2030) 5.4.8.2. Rest of Europe Lancing Devices & Lancets Market Size and Forecast, by Application (2023-2030) 5.4.8.3. Rest of Europe Lancing Devices & Lancets Market Size and Forecast, by End User (2023-2030) 6. Asia Pacific Lancing Devices & Lancets Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 6.1. Asia Pacific Lancing Devices & Lancets Market Size and Forecast, by Product Type (2023-2030) 6.2. Asia Pacific Lancing Devices & Lancets Market Size and Forecast, by Application (2023-2030) 6.3. Asia Pacific Lancing Devices & Lancets Market Size and Forecast, by End User (2023-2030) 6.4. Asia Pacific Lancing Devices & Lancets Market Size and Forecast, by Country (2023-2030) 6.4.1. China 6.4.1.1. China Lancing Devices & Lancets Market Size and Forecast, by Product Type (2023-2030) 6.4.1.2. China Lancing Devices & Lancets Market Size and Forecast, by Application (2023-2030) 6.4.1.3. China Lancing Devices & Lancets Market Size and Forecast, by End User (2023-2030) 6.4.2. S Korea 6.4.2.1. S Korea Lancing Devices & Lancets Market Size and Forecast, by Product Type (2023-2030) 6.4.2.2. S Korea Lancing Devices & Lancets Market Size and Forecast, by Application (2023-2030) 6.4.2.3. S Korea Lancing Devices & Lancets Market Size and Forecast, by End User (2023-2030) 6.4.3. Japan 6.4.3.1. Japan Lancing Devices & Lancets Market Size and Forecast, by Product Type (2023-2030) 6.4.3.2. Japan Lancing Devices & Lancets Market Size and Forecast, by Application (2023-2030) 6.4.3.3. Japan Lancing Devices & Lancets Market Size and Forecast, by End User (2023-2030) 6.4.4. India 6.4.4.1. India Lancing Devices & Lancets Market Size and Forecast, by Product Type (2023-2030) 6.4.4.2. India Lancing Devices & Lancets Market Size and Forecast, by Application (2023-2030) 6.4.4.3. India Lancing Devices & Lancets Market Size and Forecast, by End User (2023-2030) 6.4.5. Australia 6.4.5.1. Australia Lancing Devices & Lancets Market Size and Forecast, by Product Type (2023-2030) 6.4.5.2. Australia Lancing Devices & Lancets Market Size and Forecast, by Application (2023-2030) 6.4.5.3. Australia Lancing Devices & Lancets Market Size and Forecast, by End User (2023-2030) 6.4.6. Indonesia 6.4.6.1. Indonesia Lancing Devices & Lancets Market Size and Forecast, by Product Type (2023-2030) 6.4.6.2. Indonesia Lancing Devices & Lancets Market Size and Forecast, by Application (2023-2030) 6.4.6.3. Indonesia Lancing Devices & Lancets Market Size and Forecast, by End User (2023-2030) 6.4.7. Malaysia 6.4.7.1. Malaysia Lancing Devices & Lancets Market Size and Forecast, by Product Type (2023-2030) 6.4.7.2. Malaysia Lancing Devices & Lancets Market Size and Forecast, by Application (2023-2030) 6.4.7.3. Malaysia Lancing Devices & Lancets Market Size and Forecast, by End User (2023-2030) 6.4.8. Vietnam 6.4.8.1. Vietnam Lancing Devices & Lancets Market Size and Forecast, by Product Type (2023-2030) 6.4.8.2. Vietnam Lancing Devices & Lancets Market Size and Forecast, by Application (2023-2030) 6.4.8.3. Vietnam Lancing Devices & Lancets Market Size and Forecast, by End User (2023-2030) 6.4.9. Taiwan 6.4.9.1. Taiwan Lancing Devices & Lancets Market Size and Forecast, by Product Type (2023-2030) 6.4.9.2. Taiwan Lancing Devices & Lancets Market Size and Forecast, by Application (2023-2030) 6.4.9.3. Taiwan Lancing Devices & Lancets Market Size and Forecast, by End User (2023-2030) 6.4.10. Rest of Asia Pacific 6.4.10.1. Rest of Asia Pacific Lancing Devices & Lancets Market Size and Forecast, by Product Type (2023-2030) 6.4.10.2. Rest of Asia Pacific Lancing Devices & Lancets Market Size and Forecast, by Application (2023-2030) 6.4.10.3. Rest of Asia Pacific Lancing Devices & Lancets Market Size and Forecast, by End User (2023-2030) 7. Middle East and Africa Lancing Devices & Lancets Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 7.1. Middle East and Africa Lancing Devices & Lancets Market Size and Forecast, by Product Type (2023-2030) 7.2. Middle East and Africa Lancing Devices & Lancets Market Size and Forecast, by Application (2023-2030) 7.3. Middle East and Africa Lancing Devices & Lancets Market Size and Forecast, by End User (2023-2030) 7.4. Middle East and Africa Lancing Devices & Lancets Market Size and Forecast, by Country (2023-2030) 7.4.1. South Africa 7.4.1.1. South Africa Lancing Devices & Lancets Market Size and Forecast, by Product Type (2023-2030) 7.4.1.2. South Africa Lancing Devices & Lancets Market Size and Forecast, by Application (2023-2030) 7.4.1.3. South Africa Lancing Devices & Lancets Market Size and Forecast, by End User (2023-2030) 7.4.2. GCC 7.4.2.1. GCC Lancing Devices & Lancets Market Size and Forecast, by Product Type (2023-2030) 7.4.2.2. GCC Lancing Devices & Lancets Market Size and Forecast, by Application (2023-2030) 7.4.2.3. GCC Lancing Devices & Lancets Market Size and Forecast, by End User (2023-2030) 7.4.3. Nigeria 7.4.3.1. Nigeria Lancing Devices & Lancets Market Size and Forecast, by Product Type (2023-2030) 7.4.3.2. Nigeria Lancing Devices & Lancets Market Size and Forecast, by Application (2023-2030) 7.4.3.3. Nigeria Lancing Devices & Lancets Market Size and Forecast, by End User (2023-2030) 7.4.4. Rest of ME&A 7.4.4.1. Rest of ME&A Lancing Devices & Lancets Market Size and Forecast, by Product Type (2023-2030) 7.4.4.2. Rest of ME&A Lancing Devices & Lancets Market Size and Forecast, by Application (2023-2030) 7.4.4.3. Rest of ME&A Lancing Devices & Lancets Market Size and Forecast, by End User (2023-2030) 8. South America Lancing Devices & Lancets Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 8.1. South America Lancing Devices & Lancets Market Size and Forecast, by Product Type (2023-2030) 8.2. South America Lancing Devices & Lancets Market Size and Forecast, by Application (2023-2030) 8.3. South America Lancing Devices & Lancets Market Size and Forecast, by End User(2023-2030) 8.4. South America Lancing Devices & Lancets Market Size and Forecast, by Country (2023-2030) 8.4.1. Brazil 8.4.1.1. Brazil Lancing Devices & Lancets Market Size and Forecast, by Product Type (2023-2030) 8.4.1.2. Brazil Lancing Devices & Lancets Market Size and Forecast, by Application (2023-2030) 8.4.1.3. Brazil Lancing Devices & Lancets Market Size and Forecast, by End User (2023-2030) 8.4.2. Argentina 8.4.2.1. Argentina Lancing Devices & Lancets Market Size and Forecast, by Product Type (2023-2030) 8.4.2.2. Argentina Lancing Devices & Lancets Market Size and Forecast, by Application (2023-2030) 8.4.2.3. Argentina Lancing Devices & Lancets Market Size and Forecast, by End User (2023-2030) 8.4.3. Rest Of South America 8.4.3.1. Rest Of South America Lancing Devices & Lancets Market Size and Forecast, by Product Type (2023-2030) 8.4.3.2. Rest Of South America Lancing Devices & Lancets Market Size and Forecast, by Application (2023-2030) 8.4.3.3. Rest Of South America Lancing Devices & Lancets Market Size and Forecast, by End User (2023-2030) 9. Global Lancing Devices & Lancets Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Lancing Devices & Lancets Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Terumo Corporation 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. B. Braun Melsungen AG 10.3. Gerresheimer AG 10.4. F. Hoffmann-La Roche AG 10.5. Sanofi 10.6. Bayer AG 10.7. Eli Lilly and Company 10.8. Novo Nordisk 10.9. Owen Mumford Ltd 10.10. Medtronic 10.11. Ypsomed Holding AG 10.12. Sarstedt AG & Co 10.13. Abbott Laboratories 10.14. HTL-STREFA S.A 10.15. LifeScan 10.16. ARKRAY 10.17. I-SENS 10.18. Nipro 10.19. AgaMatrix 10.20. Allison Medical Inc. 10.21. Greiner Bio-One International GmbH 10.22. Becton Dickinson and Company 11. Key Findings 12. Industry Recommendations 13. Lancing Devices & Lancets Market: Research Methodology 14. Terms and Glossary