Global Safety Lancet Market Information, by Type (Push Button Safety Lancet, Pressure Activated Safety Lancet and Side Button Safety Lancet) - Forecast to 2023
Pune, India - April 24, 2018 /MarketersMedia/ —
The Global Safety Lancet Market is expected to grow at an estimated CAGR of 11.8% from 2017 to 2023.
Dominant Players:
Some of the major players in this market are
Sarstedt AG & Co.,
F. Hoffmann-La Roche AG,
Becton, Dickinson and Company,
Improve Medical Technology Co. Ltd,
Terumo Medical Corporation,
Bayer AG,
HTL-STREFA S.A.
Market Overview:
Safety lancets are one of the widely used alternative device to obtain the blood samples. Lancets are receiving global recognition and acceptance due to its several convenient characteristics which gives them an edge over the traditional methods for vein puncture. Some of the important features of the safety lancets are painless vein puncture, easy handling and safety while using. The major applications of the safety lancets are capillary blood micro sampling, cholesterol test, HBO and HIV screening test, blood group test, coagulation tests, allergy tests and many other blood based tests.
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Safety lancets are introduced in 1994 by Medlance with the initiation button and T-shape cover over it. They are useful to avoid needle-stick injuries and infections. In United States alone in 2014, around 2.2 million people had chronic hepatitis B virus infection. (CDC, Viral Hepatitis - Hepatitis B Information, 2016). To reduce the prevalence of such blood borne infections, safety lancets are very helpful. Safety lancets can be further classified by their structural specifications such as Push Button Safety Lancets, Pressure Activated Safety Lancets and Side Button Safety Lancets. Companies like HTL-STREFA S.A. Medline Industries, Inc. and Sarstedt AG & Co are some of the major manufacturers of safety lancets.
The safety lancet market report presents detailed analysis of the entire safety lancet market and provides extensive insights of the different safety lancets.
Regional Analysis:
Europe accounts for the largest share of the market which is expected to reach USD 1,032.7 million by 2023. The European region is expected to be led by Germany, France and the U.K.
However the market is shifting in favour of the developing countries led by China and India owing to large unmet needs and the growing number of screening and diagnostic. The development of safety regulation in healthcare is expected to result in rapid growth of the market.
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North America region led by the U.S. Is expected to command faster growth than the traditional owing to compulsory testing of new-borns for diseases under the affordable healthcare act. The low health care expenditure in the Middle East and Africa regions coupled with poor socio economic conditions in Africa will hinder the market. Thus, cost is a major value driver of the market in the African regions.
Brief TOC
1 Report Prologue
2 Introduction
2.1 Definition
2.2 Scope of the Study
2.3 Research Objective
2.4 Assumptions
2.5 Limitations
2.6 Market Structure
2.7 Market Segmentation
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Dynamics
LIST OF FIGURES
Figure 1 Global Safety Lancets Market, By Type, 2016 (%)
Figure 2 Global Safety Lancets Market, By End User, 2016 (%)
Figure 3 Global Safety Lancets Market, By Region, 2016 (%)
Figure 4 Global Safety Lancet Market: Market Structure
Figure 5 Research Process
Figure 6 Porters Five Forces Model
Figure 7 Supply Chain Analysis
…TOC Continued
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Source: MarketersMedia
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