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Lancing Devices And Equipment Global Market Report 2020

  • ID: 4856014
  • Report
  • November 2019
  • Region: Global
  • 200 pages
  • The Business Research Company
1 of 5

FEATURED COMPANIES

  • Abbott laboratories
  • B. Braun Melsungen AG
  • F. Hoffmann-La Roche AG
  • LifeScan
  • Perrigo Diabetes Care
  • Stat Medical
  • MORE
Lancing Devices And Equipment Market Global Report 2020 from the author provides strategists, marketers and senior management with the critical information they need to assess the global lancing devices and equipment market.

Reasons to Purchase
  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you within 3-5 working days of order.
Description:
Where is the largest and fastest growing market for the lancing devices and equipment? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Lancing Devices And Equipment Market Global Report from the author answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market
  • The Market Characteristics section of the report defines and explains the market.
  • The Market Size section gives the market size ($b) covering both the historic growth of the market and forecasting the future. Drivers and restraints looks at the external factors supporting and controlling the growth of the market.
  • Market Segmentations break down market into sub markets.
  • The Regional and Country section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers all the regions, key developed countries and major emerging markets. It draws comparisons with country populations and economies to understand the importance of the market by country and how this is changing.
  • Competitive Landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The Trends and Strategies section highlights the likely future developments in the market and suggests approaches companies can take to exploit this.
Scope
  • Markets Covered: 1) By Product: Safety Lancets, Standard Lancets 2) By Type: Reusable, Disposable 3) By End User: Hospitals and Clinics, Homecare and Home Diagnostics, Diagnostic Centres and Medical Institutions, Research and Academic Laboratories, Others 4) By Penetration Depth: 0.8mm-1mm, 1.1mm- 1.5mm, 1.6mm-2.0mm, Others
  • Companies Mentioned: Abbott laboratories, B. Braun Melsungen AG, Terumo Corporation, F. Hoffmann-La Roche AG, LifeScan
  • Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA
  • Regions: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
  • Time Series: Five years historic and forecast.
  • Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
  • Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Abbott laboratories
  • B. Braun Melsungen AG
  • F. Hoffmann-La Roche AG
  • LifeScan
  • Perrigo Diabetes Care
  • Stat Medical
  • MORE
1. Executive Summary

2. Lancing Devices And Equipment Market Characteristics

3. Lancing Devices And Equipment Market Size And Growth
3.1. Global Lancing Devices And Equipment Historic Market, 2015 - 2019, $ Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
3.2. Global Lancing Devices And Equipment Forecast Market, 2019 - 2022F, 2025F, 2030F, $ Billion
3.2.1. Drivers Of The Market
3.2.2. Restraints On the Market

4. Lancing Devices And Equipment Market Segmentation
4.1. Global Lancing Devices And Equipment Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
  • Safety Lancets Standard Lancets
4.2. Global Lancing Devices And Equipment Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
  • Reusable Disposable
4.3. Global Lancing Devices And Equipment Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
  • Hospitals and Clinics Homecare and Home Diagnostics
  • Diagnostic Centres and Medical Institutions Research and Academic Laboratories
  • Others
4.4. Global Lancing Devices And Equipment Market, Segmentation By Penetration Depth, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
0.8mm-1mm
1.1mm- 1.5mm
1.6mm-2.0mm
  • Others
5. Lancing Devices And Equipment Market Regional And Country Analysis
5.1. Global Lancing Devices And Equipment Market, Split By Region, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
5.2. Global Lancing Devices And Equipment Market, Split By Country, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

6. Asia-Pacific Lancing Devices And Equipment Market
6.1. Asia-Pacific Lancing Devices And Equipment Market Overview
6.2. Asia-Pacific Lancing Devices And Equipment Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
6.3. Asia-Pacific Lancing Devices And Equipment Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

7. China Lancing Devices And Equipment Market
7.1. China Lancing Devices And Equipment Market Overview
7.2. China Lancing Devices And Equipment Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F,$ Billion
7.3. China Lancing Devices And Equipment Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F,$ Billion

8. India Lancing Devices And Equipment Market
8.1. India Lancing Devices And Equipment Market Overview
8.2. India Lancing Devices And Equipment Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
8.3. India Lancing Devices And Equipment Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

9. Japan Lancing Devices And Equipment Market
9.1. Japan Lancing Devices And Equipment Market Overview
9.2. Japan Lancing Devices And Equipment Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
9.3. Japan Lancing Devices And Equipment Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

10. Australia Lancing Devices And Equipment Market
10.1. Australia Lancing Devices And Equipment Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
10.2. Australia Lancing Devices And Equipment Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

11. Indonesia Lancing Devices And Equipment Market
11.1. Indonesia Lancing Devices And Equipment Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
11.2. Indonesia Lancing Devices And Equipment Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

12. South Korea Lancing Devices And Equipment Market
12.1. South Korea Lancing Devices And Equipment Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
12.2. South Korea Lancing Devices And Equipment Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

13. Western Europe Lancing Devices And Equipment Market
13.1. Western Europe Lancing Devices And Equipment Market Overview
13.2. Western Europe Lancing Devices And Equipment Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
13.3. Western Europe Lancing Devices And Equipment Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

14. UK Lancing Devices And Equipment Market
14.1. UK Lancing Devices And Equipment Market Overview
14.2. UK Lancing Devices And Equipment Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
14.3. UK Lancing Devices And Equipment Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

15. Germany Lancing Devices And Equipment Market
15.1. Germany Lancing Devices And Equipment Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
15.2. Germany Lancing Devices And Equipment Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

16. France Lancing Devices And Equipment Market
16.4. France Lancing Devices And Equipment Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
16.5. France Lancing Devices And Equipment Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

17. Eastern Europe Lancing Devices And Equipment Market
17.1. Eastern Europe Lancing Devices And Equipment Market Overview
17.2. Eastern Europe Lancing Devices And Equipment Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
17.3. Eastern Europe Lancing Devices And Equipment Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

18. Russia Lancing Devices And Equipment Market
18.1. Russia Lancing Devices And Equipment Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
18.2. Russia Lancing Devices And Equipment Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

19. North America Lancing Devices And Equipment Market
19.1. North America Lancing Devices And Equipment Market Overview
19.2. North America Lancing Devices And Equipment Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
19.3. North America Lancing Devices And Equipment Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

20. USA Lancing Devices And Equipment Market
20.1. USA Lancing Devices And Equipment Market Overview
20.2. USA Lancing Devices And Equipment Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
20.3. USA Lancing Devices And Equipment Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

21. South America Lancing Devices And Equipment Market
21.1. South America Lancing Devices And Equipment Market Overview
21.2. South America Lancing Devices And Equipment Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
21.3. South America Lancing Devices And Equipment Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

22. Brazil Lancing Devices And Equipment Market
22.1. Brazil Lancing Devices And Equipment Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
22.2. Brazil Lancing Devices And Equipment Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

23. Middle East Lancing Devices And Equipment Market
23.1. Middle East Lancing Devices And Equipment Market Overview
23.2. Middle East Lancing Devices And Equipment Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
23.3. Middle East Lancing Devices And Equipment Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

24. Africa Lancing Devices And Equipment Market
24.1. Africa Lancing Devices And Equipment Market Overview
24.2. Africa Lancing Devices And Equipment Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
24.3. Africa Lancing Devices And Equipment Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

25. Lancing Devices And Equipment Market Competitive Landscape And Company Profiles
25.1. Lancing Devices And Equipment Market Competitive Landscape
25.2. Lancing Devices And Equipment Market Company Profiles
25.2.1. Abbott laboratories
25.2.1.1. Overview
25.2.1.2. Products and Services
25.2.1.3. Strategy
25.2.1.4. Financial Performance
25.2.2. B. Braun Melsungen AG
25.2.2.1. Overview
25.2.2.2. Products and Services
25.2.2.3. Strategy
25.2.2.4. Financial Performance
25.2.3. Terumo Corporation
25.2.3.1. Overview
25.2.3.2. Products and Services
25.2.3.3. Strategy
25.2.3.4. Financial Performance
25.2.4. F. Hoffmann-La Roche AG
25.2.4.1. Overview
25.2.4.2. Products and Services
25.2.4.3. Strategy
25.2.4.4. Financial Performance
25.2.5. LifeScan
25.2.5.1. Overview
25.2.5.2. Products and Services
25.2.5.3. Strategy
25.2.5.4. Financial Performance

26. Key Mergers And Acquisitions In The Lancing Devices And Equipment Market

27. Lancing Devices And Equipment Market Trends And Strategies

28. Lancing Devices And Equipment Market Future Outlook and Potential Analysis

29. Appendix
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Abbott laboratories
  • B. Braun Melsungen AG
  • F. Hoffmann-La Roche AG
  • LifeScan
  • Perrigo Diabetes Care
  • Stat Medical
  • MORE
The lancing devices and equipment market consists of sales of lancing devices and equipment and related services. These devices are used to prick the skin to obtain blood samples for testing glucose levels.

The global lancing devices and equipment market was valued at about $0.29 billion in 2018 and is expected to grow to $0.38 billion at a CAGR of 7.0% through 2022.

North America was the largest region in the lancing devices and equipment market in 2018, which accounts for about 46% of the global market.

Rising prevalence of diabetes is driving the market for lancing devices and equipment as more people depend on lancing devices to test blood glucose levels. Lancing devices are used by diabetics to obtain samples of blood for testing glucose levels in it. According to the International Diabetes Federation, in 2017, around 425 million adults had diabetes and the number is expected to reach 629 million by 2045. This growth in the number of diabetic patients is expected to increase the demand for lancing devices and equipment, thereby driving market growth.

Recalls of defective lancing devices is acting as a restraint on the lancing devices and equipment market. A product recall is done by the manufacturer or regulatory body as a precautionary measure when safety issues or defects are discovered that can endanger the consumer. Lancing devices and equipment penetrate the skin and come in direct contact with blood inside the body. Any defect in the product can infect the blood causing risk to the patient's life. For instance, in May 2014, the ACCU-CHECK FastClix Lancing Device by Roche Diagnostics Operations Inc. was recalled by the Food and Drug Administration (FDA) as the needle of the lancet utilized in a finger stick may not completely retract back into the lancet drum as it was intended to. Such recalls discourage product use and affect growth of the market.

Lancing device manufacturers are increasingly using custom vacuum technology in lancing devices to minimize pain from poking. Lancing devices that use this technology create a shallow puncture on the skin without hitting the deeper pain nerves and blood is pulled up by vacuum. For example, the Genteel Lancing device is a vacuum blood drawing lancing device which draws blood from the capillaries and can be used on different sites on the body apart from fingers.

Lancing devices and equipment manufacturers are governed by regulatory bodies such as the Food and Drug Administration Act (FDA) in the USA. For instance, in the USA, Section 510(k) of the Food, Drug and Cosmetic Act requires manufacturers of lancing devices to register their device with the FDA and notify their intent to market the device at least 90 days before the actual marketing of the device. This period of 90 days allows FDA to classify the device among three prescribed classes (Class I, II or III). The FDA also laid down regulations regarding the application of section 510(K) in case of advancements, or changes made to the lancing device.

In October 2018, investment firm Platinum equity acquired Lifescan for $2.1 billion. Lifescan is headquartered in Switzerland and was incorporated in 1887. Lifescan develops and manufactures products for people with diabetes which include lancets, blood glucose meters, testing strips and others. The company serves approximately 20 million patients in more than 90 countries.

Major players in the market are Abbott laboratories, B. Braun Melsungen AG, Terumo Corporation, F. Hoffmann-La Roche AG and LifeScan.
Note: Product cover images may vary from those shown
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  • Abbott laboratories
  • B. Braun Melsungen AG
  • Terumo Corporation
  • F. Hoffmann-La Roche AG
  • LifeScan
  • Ascensia Diabetes care
  • Becton Dickinson
  • Bayer AG
  • Medtronic
  • ARKRAY
  • Sanofi
  • Ypsomed Holding AG
  • Sarstedt AG & Co
  • Greiner Bio One
  • HTL-STREFA S.A
  • Improve Medical
  • UltiMed
  • llison Medical
  • Artsana S.p.a.
  • Perrigo Diabetes Care
  • MedExel Co
  • Simple Diagnostics
  • Stat Medical
  • Terumo
  • Trividia Health
  • Eli Lilly and Company
Note: Product cover images may vary from those shown
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