A lancet is a needle used to obtain blood drops for testing. Patients affected by cardiovascular and endocrine-related complications are increasingly using lancets. These devices can be used for cholesterol and glucose tests for newborns, heel screening tests or phenylketonuria (PKU) tests, as well as emergency patients with severe burns or scars, extremely obese patients and patients with thrombotic tendency.

The safety lancet is a disposable capillary blood sample collection device dedicated to medical professionals. They are part of a sharps injury prevention plan in hospitals, clinics, laboratories, doctor's offices, and any place where patients and professionals need to feel safe. By using a safety lancet, needle stick injuries and infections can be eliminated.

The safety lancet market is divided by type

According to the product type, safety lancets are mainly divided into needles, blades, etc.

The pie chart below shows the market share by type. In 2018, needles accounted for a major share of 93.46% of the global safety lancet market. By 2025, the scale of this product field will increase from USD 374.62 million in 2018 to USD 678.67 million.

The safety lancet market is divided by application

According to the application field of safety lancets, the safety lancet market is subdivided into several main applications, such as hospitals and clinics, diagnosis centers, home diagnosis, etc.

In the safe lancet market, hospitals and clinics have an important share in applications, which are expected to reach 6691 million by 2025, with a compound annual growth rate of 8.43% in 2019 and 2025. The largest market share of safety lancets is hospitals and clinics, and the sales ratio in 2018 was approximately 38.12%.

Global safety lancet revenue compared by region

North America and Europe are the main consumer places, with consumer market shares close to 32.73% and 31.26% in 2018. Other regions also have major market shares in the global region.

In the past few years, the global market for safety lancets has developed rapidly, and the compound annual growth rate of sales from 2014 to 2018 was 9.24%. In 2018, the global revenue of safety lancets was 401.68 million U.S. dollars; sales were 9.917 billion pieces.

In the next few years, the safety lancet industry will maintain growth at a relatively high growth rate. Investors remain optimistic about the field. In the future, there will be more new investments into this field.

The global average price of safe blood collection needles is showing a steady trend, with an average price of US$40.5 per thousand in 2018. With the global economic situation and increasing investment in technology, prices will remain stable in the next few years.

intense market competition. Roche (Roche), BD (BD), Panasonic (Bayer), Lifescan and B. Braun are the leaders in this industry, they have key technologies and patents, and have high-end customers. Has formed a monopoly in the industry. With the development of society and changes in consumer demand, the safety lancet industry will become more and more popular in the future.

Hengzhou Bozhi published the "Development Status and Future Trends of the Global Safety Lancet Market (2020 Edition)". This report provides a basic overview of the safety lancet industry, including definitions, classifications, applications and industrial chain structure. Discuss development policies and plans, as well as manufacturing processes and cost structures. This report studies the development status and future trends of safety lancets in the global and Chinese markets, respectively, from the perspective of production and consumption, the main production areas, main consumption areas and major manufacturers of the safety lancet industry. Focus on analyzing the product characteristics, product specifications, prices, output, output value of major manufacturers in the global and Chinese markets, and the market share of major manufacturers in the global and Chinese markets.

The above content is excerpted from "Hengzhou Bozhi Information Consultation | Safety Blood Sampling Needle Market Analysis Report", please contact the publisher L for details; the copyright belongs to the author. For commercial reprints, please contact the author for authorization, and for non-commercial reprints, please indicate the source