Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Lancet and Lancing Devices Market by Type (Safety Lancets, Homecare Lancets), By Application (Cholesterol Tests, Glucose Tests, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Lancet and Lancing Devices Market by Type (Safety Lancets, Homecare Lancets), By Application (Cholesterol Tests, Glucose Tests, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 139423 3300 Medical Devices & Consumables 377 233 Pages 4.8 (31)

Market Overview:

The global Lancet and Lancing Devices 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 diabetes, rising awareness about self-monitoring of blood glucose levels, and technological advancements in lancing devices. The safety lancets segment is expected to dominate the global Lancet and Lancing Devices market during the forecast period owing to their advantages such as less pain and easy disposal. The homecare lancets segment is projected to grow at a higher CAGR than other segments during the forecast period due its low cost and easy availability. By application, the cholesterol tests segment is expected to account for a major share of the global Lancet and Lancing Devices market during 2018-2030 owingtoits high prevalence across all regions studied in this research study.

Global Lancet and Lancing Devices Industry Outlook

Product Definition:

Lancet: a small, pointed tool used for making incisions, especially in medical procedures.

Lancing Devices: a medical device that is used to prick the skin in order to obtain blood or other fluid specimens.

Safety Lancets:

Safety lancets are used in blood glucose testing. They are also known as drawing sticks or safety pins, and they have a small spike on one end. The spike is used to puncture the skin and allow access to the underlying vein for drawing blood sample.

Easy To Use - They should be easy to handle so that they can fit easily in hand of patient without any assistance from patient itself.

Homecare Lancets:

Homecare lancets and it's usage in Lancet and Lancing Devices market is a new term which entered the medical industry recently. It is still not well known among consumers as well as healthcare providers. However, with growing awareness about home-based services for basic patient care, this service will gain more popularity over the forecast period. Homecare lancets are used in drawing blood from patients at home or any other place where there is no access to an outpatient clinic or hospital laboratory.

Application Insights:

Based on the application, the global market has been segmented into cholesterol tests, glucose tests, other test panels. The cholesterol tests segment dominated the overall market in terms of revenue share in 2017. This is due to an increase in demand for lancing devices and other blood testing equipment as a result of growing awareness about preventive healthcare and rising incidences of lifestyle disorders such as heart diseases along with them. According to WHO's Global Health Observatory (GHO), around 1 billion people have cardiovascular diseases (CVDs) globally which amounts to around 30% of all deaths caused by disease worldwide.

The glucose tolerance test is expected to be the fastest-growing application owing to its increasing adoption among individuals suffering from diabetes mellitus type 2 or at risk thereof coupled with a rise in demand for self-monitoring devices used during this procedure that measures one's blood sugar levels before and after meals consumed thereby enabling effective management associated with these conditions.

Regional Analysis:

North America dominated the global market in 2017. This can be attributed to the presence of key players, high awareness levels about blood glucose testing, and availability of advanced products. The region is expected to maintain its position during the forecast period owing to factors such as increasing prevalence of diabetes and cholesterol disorders among people coupled with growing geriatric population prone to infections.

Asia Pacific is anticipated to witness lucrative growth over the forecast period due to factors such as improving healthcare infrastructure, rising disposable income level, and a large target population base within this region. Moreover, an increase in cases of infectious diseases like Ebola virus disease (EVD) has led governments across countries in this region including India & China & Singapore etc.

Growth Factors:

  • Increasing incidence of diabetes and other chronic diseases: The global prevalence of diabetes is expected to increase from 9% in 2013 to 11% by 2030. This will create a large pool of patients who will require regular blood glucose monitoring and treatment, thereby driving the demand for lancing devices.
  • Technological advancements: The development of new lancing devices with features such as adjustable depth, vibration feedback, and pre-set depths is likely to boost the growth of the Lancet and Lancing Devices market.
  • Rising awareness about self-monitoring: There is a growing awareness among people about the importance of self-monitoring blood glucose levels in order to maintain good glycemic control. This is likely to drive demand for lancing devices in the coming years.
  • Growing geriatric population: The global geriatric population (aged 65 years or above) is projected to reach 1 billion by 2050, creating a large pool of patients susceptible to various chronic diseases including diabetes mellitus type 2 (DM2). This will spur demand for lancet needles and other related products used for diagnostics and treatment purposes across the globe . 5

Scope Of The Report

Report Attributes

Report Details

Report Title

Lancet and Lancing Devices Market Research Report

By Type

Safety Lancets, Homecare Lancets

By Application

Cholesterol Tests, Glucose Tests, Other

By Companies

Roche, Lifescan, BD, Panasonic (Bayer), Abbott, B. Braun, ARKRAY, Terumo, I-SENS, Nipro, Omron, Infopia, AgaMatrix, Smiths Medical, Sarstedt, SANNUO, Yicheng, Yuwell, Greiner Bio One, Edan, Narang Medical

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Lancet and Lancing Devices Market Report Segments:

The global Lancet and Lancing Devices market is segmented on the basis of:


Safety Lancets, Homecare Lancets

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.


Cholesterol Tests, Glucose Tests, Other

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:

  1. Roche
  2. Lifescan
  3. BD
  4. Panasonic (Bayer)
  5. Abbott
  6. B. Braun
  8. Terumo
  9. I-SENS
  10. Nipro
  11. Omron
  12. Infopia
  13. AgaMatrix
  14. Smiths Medical
  15. Sarstedt
  16. SANNUO
  17. Yicheng
  18. Yuwell
  19. Greiner Bio One
  20. Edan
  21. Narang Medical

Global Lancet and Lancing Devices Market Overview

Highlights of The Lancet and Lancing Devices Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Safety Lancets
    2. Homecare Lancets
  1. By Application:

    1. Cholesterol Tests
    2. Glucose Tests
    3. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Lancet and Lancing Devices 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:

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Global Lancet and Lancing Devices Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Lancet is a medical journal published by The Lancet Trust. It was founded in 1823 and is the world's oldest continuously publishing medical journal. A lancing device, also known as a lancet, is an instrument used to puncture the skin for diagnostic or therapeutic purposes.

Some of the major companies in the lancet and lancing devices market are Roche, Lifescan, BD, Panasonic (Bayer), Abbott, B. Braun, ARKRAY, Terumo, I-SENS, Nipro, Omron, Infopia, AgaMatrix, Smiths Medical, Sarstedt, SANNUO, Yicheng, Yuwell, Greiner Bio One, Edan, Narang Medical.

The lancet and lancing devices market is expected to register a CAGR of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Lancet and Lancing Devices Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Lancet and Lancing Devices Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Lancet and Lancing Devices Market - Supply Chain
   4.5. Global Lancet and Lancing Devices Market Forecast
      4.5.1. Lancet and Lancing Devices Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Lancet and Lancing Devices Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Lancet and Lancing Devices Market Absolute $ Opportunity

5. Global Lancet and Lancing Devices Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Lancet and Lancing Devices Market Size and Volume Forecast by Type
      5.3.1. Safety Lancets
      5.3.2. Homecare Lancets
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Lancet and Lancing Devices Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Lancet and Lancing Devices Market Size and Volume Forecast by Application
      6.3.1. Cholesterol Tests
      6.3.2. Glucose Tests
      6.3.3. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Lancet and Lancing Devices Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Lancet and Lancing Devices Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Lancet and Lancing Devices Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Lancet and Lancing Devices Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Lancet and Lancing Devices Demand Share Forecast, 2019-2029

9. North America Lancet and Lancing Devices Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Lancet and Lancing Devices Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Lancet and Lancing Devices Market Size and Volume Forecast by Application
      9.4.1. Cholesterol Tests
      9.4.2. Glucose Tests
      9.4.3. Other
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Lancet and Lancing Devices Market Size and Volume Forecast by Type
      9.7.1. Safety Lancets
      9.7.2. Homecare Lancets
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Lancet and Lancing Devices Demand Share Forecast, 2019-2029

10. Latin America Lancet and Lancing Devices Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Lancet and Lancing Devices Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Lancet and Lancing Devices Market Size and Volume Forecast by Application
      10.4.1. Cholesterol Tests
      10.4.2. Glucose Tests
      10.4.3. Other
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Lancet and Lancing Devices Market Size and Volume Forecast by Type
      10.7.1. Safety Lancets
      10.7.2. Homecare Lancets
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Lancet and Lancing Devices Demand Share Forecast, 2019-2029

11. Europe Lancet and Lancing Devices Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Lancet and Lancing Devices Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Lancet and Lancing Devices Market Size and Volume Forecast by Application
      11.4.1. Cholesterol Tests
      11.4.2. Glucose Tests
      11.4.3. Other
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Lancet and Lancing Devices Market Size and Volume Forecast by Type
      11.7.1. Safety Lancets
      11.7.2. Homecare Lancets
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Lancet and Lancing Devices Demand Share, 2019-2029

12. Asia Pacific Lancet and Lancing Devices Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Lancet and Lancing Devices Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Lancet and Lancing Devices Market Size and Volume Forecast by Application
      12.4.1. Cholesterol Tests
      12.4.2. Glucose Tests
      12.4.3. Other
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Lancet and Lancing Devices Market Size and Volume Forecast by Type
      12.7.1. Safety Lancets
      12.7.2. Homecare Lancets
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Lancet and Lancing Devices Demand Share, 2019-2029

13. Middle East & Africa Lancet and Lancing Devices Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Lancet and Lancing Devices Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Lancet and Lancing Devices Market Size and Volume Forecast by Application
      13.4.1. Cholesterol Tests
      13.4.2. Glucose Tests
      13.4.3. Other
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Lancet and Lancing Devices Market Size and Volume Forecast by Type
      13.7.1. Safety Lancets
      13.7.2. Homecare Lancets
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Lancet and Lancing Devices Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Lancet and Lancing Devices Market: Market Share Analysis
   14.2. Lancet and Lancing Devices Distributors and Customers
   14.3. Lancet and Lancing Devices Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Roche Overview Financials Developments Strategic Outlook
      14.4.2. Lifescan Overview Financials Developments Strategic Outlook
      14.4.3. BD Overview Financials Developments Strategic Outlook
      14.4.4. Panasonic (Bayer) Overview Financials Developments Strategic Outlook
      14.4.5. Abbott Overview Financials Developments Strategic Outlook
      14.4.6. B. Braun Overview Financials Developments Strategic Outlook
      14.4.7. ARKRAY Overview Financials Developments Strategic Outlook
      14.4.8. Terumo Overview Financials Developments Strategic Outlook
      14.4.9. I-SENS Overview Financials Developments Strategic Outlook
      14.4.10. Nipro Overview Financials Developments Strategic Outlook
      14.4.11. Omron Overview Financials Developments Strategic Outlook
      14.4.12. Infopia Overview Financials Developments Strategic Outlook
      14.4.13. AgaMatrix Overview Financials Developments Strategic Outlook
      14.4.14. Smiths Medical Overview Financials Developments Strategic Outlook
      14.4.15. Sarstedt Overview Financials Developments Strategic Outlook
      14.4.16. SANNUO Overview Financials Developments Strategic Outlook
      14.4.17. Yicheng Overview Financials Developments Strategic Outlook
      14.4.18. Yuwell Overview Financials Developments Strategic Outlook
      14.4.19. Greiner Bio One Overview Financials Developments Strategic Outlook
      14.4.20. Edan Overview Financials Developments Strategic Outlook

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