Market Overview:
The global simply lancet market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of chronic diseases, rising demand for minimally invasive procedures, and technological advancements in lancing devices. By type, the 1.5 mm segment is expected to account for the largest share of the global simply lancet market in 2018, followed by the 1.8 mm and 2.0 mm segments.
Product Definition:
Simply Lancet is a medical device that is used for performing lancing and blood sampling. It helps in the collection of blood samples from a finger or heel stick.
1.5 mm:
1.5 mm is the thickness of a human hair, and it's also called as the micro meter. It is used to measure blood pressure cuffs, Simply lancets ( Lancets are used for drawing blood from patients), pregnancy test kits and other medical devices or equipment.
1.8 mm:
1.8 mm lancets are thin, hollow needles used for drawing blood from patients. They are available in various sizes and shapes to suit different needs.
Application Insights:
Based on application, the global lancet market is segmented into hospital, clinic and others. The other applications include home healthcare, urgent care center and walk-in clinics. The hospital segment dominated the overall industry in terms of revenue in 2017 owing to an increasing number of patients suffering from various diseases worldwide. According to WHO¢â‚¬â„¢s estimates for 2016, there are approximately 783 million people with diabetes across the globe which accounts for 6% of the total population globally. Furthermore, according to a study published by NCBI in 2018 regarding HIV/AIDS prevalence globally; it stated that around 37 million people were found to be living with HIV across all regions with 1% being diagnosed as AIDS cases annually between 2014 and 2016 globally.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-established healthcare infrastructure, high adoption rate of advanced products and devices, and increasing prevalence of cardiovascular diseases & diabetes are some major factors responsible for its large share. In addition, favorable reimbursement policies for innovations in technologies is also expected to drive the market during the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising geriatric population with chronic conditions such as cardiac disorders, respiratory problems along with an increase in hospital readmissions that require long term care are driving industry growth across this region. Moreover, economic development coupled with improvement in healthcare facilities will boost product demand further fueling revenue generation opportunities across this region during the estimated time span 8 To 2030 The key players operating within Asia Pacific include Medtronic plc; Boston Scientific Corporation; Stryker Corporation; Zimmer Biomet Holdings Inc.; Koninklijke Philips N.V.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgical procedures is expected to grow at a CAGR of 7.8% from 2016 to 2021. This is primarily due to the advantages offered by these procedures over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. Simply Lancet offers a number of products that are well-suited for use in minimally invasive surgeries, making it an attractive option for surgeons and hospitals worldwide.
- Growing demand for single-use medical devices: The global market for single-use medical devices is expected to grow at a CAGR of 9% from 2016 to 2021. This growth can be attributed to the increasing preference among healthcare providers and patients alike for disposable medical devices that minimize the risk of infection or other complications. Simply Lancet’s line of disposable products meets this need perfectly, making it an attractive choice in today’s healthcare landscape.
Scope Of The Report
Report Attributes
Report Details
Report Title
Simply Lancet Market Research Report
By Type
1.5 mm, 1.8 mm, 2.0 mm, 2.2 mm, Others
By Application
Hospital, Clinic, Others
By Companies
Becton Dickinson, Improve Medical, Terumo, Sarstedt, Socorex, Graham Field, Paramount Surgimed Ltd, Shangdong Lianfa Medical, PL Medical, Changzhou Kealor, Owen Mumford, JMI Syringes, Amkay Products Pvt, F.L. Medical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Simply Lancet Market Report Segments:
The global Simply Lancet market is segmented on the basis of:
Types
1.5 mm, 1.8 mm, 2.0 mm, 2.2 mm, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Becton Dickinson
- Improve Medical
- Terumo
- Sarstedt
- Socorex
- Graham Field
- Paramount Surgimed Ltd
- Shangdong Lianfa Medical
- PL Medical
- Changzhou Kealor
- Owen Mumford
- JMI Syringes
- Amkay Products Pvt
- F.L. Medical
Highlights of The Simply Lancet Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 1.5 mm
- 1.8 mm
- 2.0 mm
- 2.2 mm
- Others
- By Application:
- Hospital
- Clinic
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Simply Lancet Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Simply Lancet is a digital health platform that connects patients with physicians to share medical information and receive personalized care. Simply Lancet also offers a variety of tools and resources to help patients manage their health, including an app, website, and social media channels.
Some of the key players operating in the simply lancet market are Becton Dickinson, Improve Medical, Terumo, Sarstedt, Socorex, Graham Field, Paramount Surgimed Ltd, Shangdong Lianfa Medical, PL Medical, Changzhou Kealor, Owen Mumford, JMI Syringes, Amkay Products Pvt, F.L. Medical.
The simply lancet market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Simply Lancet Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Simply Lancet Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Simply Lancet Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Simply Lancet Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Simply Lancet Market Size & Forecast, 2020-2028
4.5.1 Simply Lancet Market Size and Y-o-Y Growth
4.5.2 Simply Lancet Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 1.5 mm
5.2.2 1.8 mm
5.2.3 2.0 mm
5.2.4 2.2 mm
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Simply Lancet Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Simply Lancet Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 1.5 mm
9.6.2 1.8 mm
9.6.3 2.0 mm
9.6.4 2.2 mm
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 1.5 mm
10.6.2 1.8 mm
10.6.3 2.0 mm
10.6.4 2.2 mm
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 1.5 mm
11.6.2 1.8 mm
11.6.3 2.0 mm
11.6.4 2.2 mm
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 1.5 mm
12.6.2 1.8 mm
12.6.3 2.0 mm
12.6.4 2.2 mm
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 1.5 mm
13.6.2 1.8 mm
13.6.3 2.0 mm
13.6.4 2.2 mm
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Simply Lancet Market: Competitive Dashboard
14.2 Global Simply Lancet Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Becton Dickinson
14.3.2 Improve Medical
14.3.3 Terumo
14.3.4 Sarstedt
14.3.5 Socorex
14.3.6 Graham Field
14.3.7 Paramount Surgimed Ltd
14.3.8 Shangdong Lianfa Medical
14.3.9 PL Medical
14.3.10 Changzhou Kealor
14.3.11 Owen Mumford
14.3.12 JMI Syringes
14.3.13 Amkay Products Pvt
14.3.14 F.L. Medical
