Blood Sugar Lancets Market Size By Application, Industry Analysis Report, Regional Outlook (Europe, North America, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Share & Forecast 2023 - 2030 (Financial Impact Analysis)
ID : MRU_
53690 | Date :
Jan, 2023 | Pages :
186 | Region : Global |
Publisher : RI
A blood sugar lancet is a small medical device used in capillary blood sampling. It looks similar to a scalpel but has a double-edged needle or blade. Blood sugar lancets are used to make minuscule punctures to obtain blood samples and are mostly disposable. The blood sugar lancet market is a part of the global diabetes market as they are commonly used to measure blood glucose levels. The depth of the skin to be penetrated can be adjusted for various levels of skin thickness. Some devices can even be used to measure the acid base status of an unborn foetus.
As per the International Diabetes Federation, it is estimated that nearly 642 million people will suffer from diabetes by the year 2040. This amounts to nearly 1 in 10 adults. They are anticipated to be the biggest driver of the blood sugar lancet market in the coming decade. Diabetes is far more likely to occur in obese or senior citizens in any country. Western countries are already troubled by both these health predicaments. There is also an increasing number of both type 1 and type 2 cases of diabetes being reported in children and thus, governments will be under increasing pressure to tackle the issue head one. The blood sugar lancet market will allow people to monitor their glucose level, keep it under control and take the medication as and when required.
The second driver of the blood sugar lancet market is the reimbursement options available, especially in developed countries. These devices are typically replaced every six to eight months which makes them expensive in the long run. Thus, patients prefer health insurance plans that cover most of the device expenditure. These plans also provide coverage for glucose test strips, glucose meters and diabetes testing supplies. In the U.S. alone, Medicare covers almost 80% of the cost of blood glucose monitoring devices like blood sugar lancets. The American Association of Diabetes Educators has also published a reimbursement procedure for primary caregivers, which categorically states that Medicare will reimburse medical service costs of diabetic patients.
The Global Blood Sugar Lancets Market size was xxx million USD with a CAGR xx % from 2018-2022. It will stretch to xxx million USD in 2023 with a CAGR of xx % from 2023-2030.
As the report focuses on global Blood Sugar Lancets Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.
In Market segmentation by manufacturers, the report covers the following companies-
Bayer
Roche
AgaMatrix
Nova Biomedical
Integrity Applications
Medisana
In Market segmentation by geographical regions, the report has analyzed the following regions- North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Columbia etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types covers:
Disposable
Non-Disposable
In Market segmentation by applications :
Hospitals
Clinics
Others
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Blood Sugar Lancets Market for the forecast period 2023-2030?
• What are the driving forces in the Blood Sugar Lancets Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Blood Sugar Lancets industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
Table of Contents
1 Report Overview
1.1 Research Scope
1.2 Major Manufacturers Covered in This Report
1.3 Market Segment by Type
1.3.1 Global Blood Sugar Lancets Market Size Growth Rate by Type (2020-2030)
1.3.2 Disposable
1.3.3 Non-Disposable
1.4 Market Segment by Application
1.4.1 Global Blood Sugar Lancets Market Share by Application (2020-2030)
1.4.2 Hospitals
1.4.3 Clinics
1.4.4 Others
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Production and Capacity Analysis
2.1.1 Global Blood Sugar Lancets Production Value 2015-2030
2.1.2 Global Blood Sugar Lancets Production 2015-2030
2.1.3 Global Blood Sugar Lancets Capacity 2015-2030
2.1.4 Global Blood Sugar Lancets Marketing Pricing and Trends
2.2 Key Producers Growth Rate (CAGR) 2020-2030
2.2.1 Global Blood Sugar Lancets Market Size CAGR of Key Regions
2.2.2 Global Blood Sugar Lancets Market Share of Key Regions
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
3 Market Share by Manufacturers
3.1 Capacity and Production by Manufacturers
3.1.1 Global Blood Sugar Lancets Capacity by Manufacturers
3.1.2 Global Blood Sugar Lancets Production by Manufacturers
3.2 Revenue by Manufacturers
3.2.1 Blood Sugar Lancets Revenue by Manufacturers (2018-2022)
3.2.2 Blood Sugar Lancets Revenue Share by Manufacturers (2018-2022)
3.2.3 Global Blood Sugar Lancets Market Concentration Ratio (CR5 and HHI)
3.3 Blood Sugar Lancets Price by Manufacturers
3.4 Key Manufacturers Blood Sugar Lancets Plants/Factories Distribution and Area Served
3.5 Date of Key Manufacturers Enter into Blood Sugar Lancets Market
3.6 Key Manufacturers Blood Sugar Lancets Product Offered
3.7 Mergers & Acquisitions, Expansion Plans
4 Market Size by Type
4.1 Production and Production Value for Each Type
4.1.1 Disposable Production and Production Value (2018-2022)
4.1.2 Non-Disposable Production and Production Value (2018-2022)
4.2 Global Blood Sugar Lancets Production Market Share by Type
4.3 Global Blood Sugar Lancets Production Value Market Share by Type
4.4 Blood Sugar Lancets Ex-factory Price by Type
5 Market Size by Application
5.1 Overview
5.2 Global Blood Sugar Lancets Consumption by Application
6 Production by Regions
6.1 Global Blood Sugar Lancets Production (History Data) by Regions 2015-2020
6.2 Global Blood Sugar Lancets Production Value (History Data) by Regions
6.3 United States
6.3.1 United States Blood Sugar Lancets Production Growth Rate 2015-2020
6.3.2 United States Blood Sugar Lancets Production Value Growth Rate 2015-2020
6.3.3 Key Players in United States
6.3.4 United States Blood Sugar Lancets Import & Export
6.4 European Union
6.4.1 European Union Blood Sugar Lancets Production Growth Rate 2015-2020
6.4.2 European Union Blood Sugar Lancets Production Value Growth Rate 2015-2020
6.4.3 Key Players in European Union
6.4.4 European Union Blood Sugar Lancets Import & Export
6.5 China
6.5.1 China Blood Sugar Lancets Production Growth Rate 2015-2020
6.5.2 China Blood Sugar Lancets Production Value Growth Rate 2015-2020
6.5.3 Key Players in China
6.5.4 China Blood Sugar Lancets Import & Export
6.6 Rest of World
6.6.1 Japan
6.6.2 Korea
6.6.3 India
6.6.4 Southeast Asia
7 Blood Sugar Lancets Consumption by Regions
7.1 Global Blood Sugar Lancets Consumption (History Data) by Regions
7.2 United States
7.2.1 United States Blood Sugar Lancets Consumption by Type
7.2.2 United States Blood Sugar Lancets Consumption by Application
7.3 European Union
7.3.1 European Union Blood Sugar Lancets Consumption by Type
7.3.2 European Union Blood Sugar Lancets Consumption by Application
7.4 China
7.4.1 China Blood Sugar Lancets Consumption by Type
7.4.2 China Blood Sugar Lancets Consumption by Application
7.5 Rest of World
7.5.1 Rest of World Blood Sugar Lancets Consumption by Type
7.5.2 Rest of World Blood Sugar Lancets Consumption by Application
7.5.1 Japan
7.5.2 Korea
7.5.3 India
7.5.4 Southeast Asia
8 Company Profiles
8.1 Bayer
8.1.1 Bayer Company Details
8.1.2 Company Description and Business Overview
8.1.3 Production and Revenue of Blood Sugar Lancets
8.1.4 Blood Sugar Lancets Product Introduction
8.1.5 Bayer Recent Development
8.2 Roche
8.2.1 Roche Company Details
8.2.2 Company Description and Business Overview
8.2.3 Production and Revenue of Blood Sugar Lancets
8.2.4 Blood Sugar Lancets Product Introduction
8.2.5 Roche Recent Development
8.3 AgaMatrix
8.3.1 AgaMatrix Company Details
8.3.2 Company Description and Business Overview
8.3.3 Production and Revenue of Blood Sugar Lancets
8.3.4 Blood Sugar Lancets Product Introduction
8.3.5 AgaMatrix Recent Development
8.4 Nova Biomedical
8.4.1 Nova Biomedical Company Details
8.4.2 Company Description and Business Overview
8.4.3 Production and Revenue of Blood Sugar Lancets
8.4.4 Blood Sugar Lancets Product Introduction
8.4.5 Nova Biomedical Recent Development
8.5 Integrity Applications
8.5.1 Integrity Applications Company Details
8.5.2 Company Description and Business Overview
8.5.3 Production and Revenue of Blood Sugar Lancets
8.5.4 Blood Sugar Lancets Product Introduction
8.5.5 Integrity Applications Recent Development
8.6 Medisana
8.6.1 Medisana Company Details
8.6.2 Company Description and Business Overview
8.6.3 Production and Revenue of Blood Sugar Lancets
8.6.4 Blood Sugar Lancets Product Introduction
8.6.5 Medisana Recent Development
9 Market Forecast
9.1 Global Market Size Forecast
9.1.1 Global Blood Sugar Lancets Capacity, Production Forecast 2020-2030
9.1.2 Global Blood Sugar Lancets Production Value Forecast 2020-2030
9.2 Market Forecast by Regions
9.2.1 Global Blood Sugar Lancets Production and Value Forecast by Regions 2020-2030
9.2.2 Global Blood Sugar Lancets Consumption Forecast by Regions 2020-2030
9.3 United States
9.3.1 Production and Value Forecast in United States
9.3.2 Consumption Forecast in United States
9.4 European Union
9.4.1 Production and Value Forecast in European Union
9.4.2 Consumption Forecast in European Union
9.5 China
9.5.1 Production and Value Forecast in China
9.5.2 Consumption Forecast in China
9.6 Rest of World
9.6.1 Japan
9.6.2 Korea
9.6.3 India
9.6.4 Southeast Asia
9.7 Forecast by Type
9.7.1 Global Blood Sugar Lancets Production Forecast by Type
9.7.2 Global Blood Sugar Lancets Production Value Forecast by Type
9.8 Consumption Forecast by Application
11 Opportunities & Challenges, Threat and Affecting Factors
11.1 Market Opportunities
11.2 Market Challenges
11.3 Porters Five Forces Analysis
12 Key Findings
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
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