Global Lancets Market Size, Study, By Product, Application, And Forecast To 2028 (Business Opportunities - Other Business Ads)

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Global Lancets Market Size, Study, By Product, Application, And Forecast To 2028


Bharat Book Bureau Provides the Trending Market Research Report on “Lancets Market by Type (Safety Lancets (Manually & Pressure activated), Standard Lancets, Application (Glucose Testing, Cholesterol Testing), Gauze Size (22G and Below), Age Group (Adult, Pediatrics), End Users (Hospitals), Region - Global Forecast to 2028” under the Life Sciences Market Research Report Category. The report offers a collection of superior Market research, Market analysis, competitive intelligence, and Market reports.

The Lancets Market is projected to reach USD 3.6 Billion by 2028 from USD 2.3 Billion in 2023, at a CAGR of 9.7% during the forecast period. Growth in the lancets market is mainly driven by the growing prevalence of diabetes, the high prevalence of chronic diseases, and the rising geriatric population. However, the risk of lancet-related needlestick injuries, the reuse of lancets, and Pricing pressure owing to reimbursement cuts and budget constraints are restricting the growth of this market.

“The Safety lancet segment accounted for the highest market share in the lancets systems market, by type, during the forecast period”

Based on the type of segment, the lancets system market is categorized into standard lancets and safety lancets. Safety lancet are sub categorized into Manually Activated and Automatically activated/Pressure activated. Push Button Lancets and Side Button Lancets Manually Activated are expected to the highest growth in the market which attributed to the growing geriatric population.

“Glucose Testing application accounted for the highest CAGR during the forecast period.”

Based on type, the application market is segmented into Glucose Testing, Hemoglobin Testing, Coagulation Testing, Cholesterol Testingm, Allergy Testing, Neonatal Screening and Other Applications. In 2022, the Glucose Testing dominated the market and the lancets market to observe the highest growth rate. Factors supporting the growth of the market is due to the growing prevalence of diabetes and increasing adoption of self-monitoring devices.

“The North America segment accounted for the highest market share in the lancets systems market, by region, during the forecast period”


Browse our full report with Table of Content:

https://www.bharatbook.com/report/1418365/lancets-market-by-type-safety-lancets-manually-pressure-activated-standard-lancets-application-glucose-testing-cholesterol-testing-gauze-size-g-and-below-age-group-adult-pediatrics-end-users-hospitals-region-global-forecast-to

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Last Update : Jun 06, 2023 10:50 AM
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