Safety Lancet Market 2020 – Industry Scenario, Strategies, Growth Factors and Forecast 2027

Press Release

 Global Safety Lancet Market Analysis & Forecast 2017 To 2023

Report Title: Safety Lancet Market 2020 Report Forecast by Global Industry Trends, Regional Overview, Future Growth, Market Share, Revenue, Size, Share, and Forecast Outlook until 2027

Introduction, 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. The market is majorly driven by increasing prevalence of different chronic diseases and improving medical device regulation, increasing inclination towards home healthcare, and increasing prevalence of diabetes. Additionally, rising healthcare spending and increasing government support have fuelled the growth of the market. , The global safety lancet market is expected to reach USD 2,305.1 million by 2023 at a CAGR of 11.84% during the forecasted period. , The global safety lancet market is segmented on the basis of types, end users and regions. On the basis of types, the market is segmented into: push button safety lancet, pressure activated safety lancet and side button safety lancet. The Push button safety lancet segment market accounts the largest share and is expected to reach USD 1,115.0 million by 2023 from USD 497.8 million in 2016 at the CAGR of 12.25 % for the forecasted periods., On the basis on end users, the global safety lancet market is segmented into hospitals & clinics, diagnostic centers and pathology laboratories, home diagnostics and other. Hospitals & clinics dominated the global market in 2016 and accounted for USD 463.9 million. , On the basis of regions, the market is segmented into North America, Europe, Asia-Pacific and the Middle East & Africa. North America has the dominating market for safety lancet. The Safety Lancet market for North America is estimated at USD 380.9 million in 2016 and expected to reach by USD 843.0 million by 2023 at a fastest CAGR of 12.06%

Key Players: –

The leading market players in the global safety lancet market include: F. Hoffmann-La Roche AG, Becton, Dickinson and Company, Terumo Medical Corporation, Bayer AG, HTL-STREFA S.A., Sarstedt AG & Co. and Improve Medical Technology Co. Ltd. among others.

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Target Audience

  • Safety Lancet manufacturers
  • Safety Lancet Suppliers
  • Safety Lancet companies
  • Key executive (CEO and COO) and strategy growth manager

Study Objectives:
To provide insights about factors, influencing and affecting the market growth.
To provide historically and forecast revenue of the market segments and sub-segments with respect to regional markets and their countries.
To provide historical and forecast revenue of the market segments based on types, application, end user and others.
To provide strategic profiling of key players in the market, comprehensively analyzing their market share, core competencies, and drawing a competitive landscape for the market.

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Table of Contents:

1 INTRODUCTION
1.1 Definition
1.2 Scope of Study
1.2.1 RESEARCH OBJECTIVE
1.2.2 ASSUMPTIONS & LIMITATIONS
1.2.2.1 ASSUMPTIONS
1.2.2.2 LIMITATIONS
1.3 MARKET STRUCTURE:
2 RESEARCH METHODOLOGY
2.1 RESEARCH PROCESS:
2.2 Primary Research
2.3 SECONDARY RESEARCH:
3 MARKET DYNAMICS
3.1 DRIVERS
3.1.1 GROWING Demand for newly developed Safety Lancet
3.1.2 Growing trend of Outsourcing
3.1.3 Growing Safety Lancet Industry in developing nations
3.2 RESTRAINTS
3.3 OPPORTUNITIES
3.4 MACROECONOMIC INDICATORS
4 MARKET FACTOR ANALYSIS
4.1 Porters Five forces Model
4.2 Bargaining power of suppliers
4.3 BARGAINING POWER OF BUYERS
4.4 THREAT OF NEW ENTRANTS
4.5 Threat of Substitutes
4.6 Intensity of Rivalry
5 global Safety Lancet market, by Type
6 global Safety Lancet market, By Application
7 global Safety Lancet market, By Manufacturing Methods
7.1 In-House Manufacturing
7.2 Contract Manufacturing
7.2.1 introduction
8 Global Safety Lancet market, by region
8.1 North America
8.1.1 Introduction
8.2 Europe
8.2.1 Introduction
8.3 Asia-Pacific
8.3.1 introduction
8.4 Middle East & Africa
8.4.1 Introduction
9 Competitive landscape
9.1 Major Strategies adopted by market players
9.1.1 STRATEGIC PARTNERSHIP
9.1.2 Merger & Acquisition
10 company profile

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