Home Use Lancing Devices Market Growth By Regional Analysis (America, Europe, Asia Pacific, and Middle East & Africa) Growth Opportunity and Industry Forecast 2023-2030 (Recession Impact Analysis)
ID : MRU_
114078 | Date :
Feb, 2023 | Pages :
186 | Region : Global |
Publisher : Ri research
The report offers detailed coverage of Home Use Lancing Devices industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Home Use Lancing Devices by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
Lancing device is an instrument equipped with a lancet. It is also most commonly used by diabetics during blood glucose monitoring. The depth of skin penetration can be adjusted for various skin thicknesses. Long lancing devices are used for fetal scalp blood testing to get a measure of the acid base status of the fetus.
The lancing device is a convenient medical tool for collecting capillary blood samples for glucose monitoring or other tests requiring one or two drops of blood. It is dedicated for home diagnostics and aimed to be used by patients when performing skin puncture on them. A convenient and effortless device specially designed for the highest comfort in daily diabetes management.
In the last several years, global market of Lancing device developed year by year, with an average growth rate of 5.5% for the sales. In 2016, global revenue of lancing device is nearly 270 M USD; the sale is about 47.2 million units.
In the next few years, Lancing device industry will maintain increasing at a relatively high growth rate. Investors are still optimistic about this area; the future will still have more new investment enter the field.
The classification of Lancing device includes Adjustable Lancing Device, Non-adjustable Lancing Device. The proportion of Adjustable Lancing Device in 2016 is about 94%, and the proportion is increasing trend from 2012 to 2016.
Lancing device is widely used in cholesterol tests, glucose tests and other tests. The more than half of lancing device is used in glucose test, and the sales proportion in 2016 is about 70%, but the Lancing device used in cholesterol test is enjoying more and more market share.
North America and Europe is the main consumption places, with a consumption market share nearly 41.7% and 27.6% in 2016. Other regions also enjoy the major market share in global region.
Market competition is intense. Roche, LifeScan, Abbott, Ascensia, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry. With the development of society and the changing of consumer demand, the Lancing device industry will be more and more popular in the future.
The report forecast global Home Use Lancing Devices market to grow to reach xxx Million USD in 2023 with a CAGR of xx% during the period 2023-2030.
First, this report covers the present status and the future prospects of the global Home Use Lancing Devices market for 2018-2030.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Roche
LifeScan
Abbott
Ascensia
B. Braun
Terumo
ARKRAY
Trividia Health
SANNUO
GMMC
BIONIME
At the same time, we classify Home Use Lancing Devices according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows: Market by Order Type
Adjustable Lancing Device
Non-adjustable Lancing Device Market by Application
Cholesterol Tests
Glucose Tests
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Home Use Lancing Devices market for the forecast period 2023 - 2030?
• What are the driving forces in the Home Use Lancing Devices 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 Home Use Lancing Devices 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?
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