Market Overview:
The global lancing devices for flood testing 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 blood glucose monitoring, and technological advancements in lancing devices. Based on type, the global lancing devices for flood testing market is segmented into personal lancets and professional lancets. Personal lancets are used by individuals for self-testing, while professional lancets are used by healthcare professionals in hospitals and clinics. The personal segment is expected to account for the majority of the market share during the forecast period owing to its growing popularity among consumers for home care use. Based on application, the global Lancing Devices For Flood Testing Market is segmented into home care and hospital & clinics. Home care accounted for a larger share of this market in 2017 due to its growing demand from consumers across all regions globally.
Product Definition:
A lancing device is a medical tool used for obtaining small blood samples from the body. It may be used to prick the skin to obtain a drop of blood or to pierce a vein. Lancing devices are often used in diabetes management, as they can be used to draw blood for glucose testing.
Personal Lancets:
Personal lancets are used for drawing blood from patients. They are mostly used in manual blood glucose testing strips or lancing devices. The major factor that propels the growth of the market is increasing prevalence of diabetes and obesity all over the world, which leads to many other chronic disorders such as cardiovascular diseases, cancers, and so on.
Professional Lancets:
Professional lancets are used in lancing devices for flood testing. These devices are majorly used by healthcare professionals for drawing blood from patients and also by homecaretakers to self-administer the injections. The demand for these products is increasing owing to the growing prevalence of chronic diseases, rising geriatric population, and rapid growth in foreign investments towards R&D activities related to medical diagnostics equipment market.
Application Insights:
The global lancing devices for flood testing market, by application, is segmented into home care, hospital and clinics and others. The home care segment dominated the overall market in terms of revenue in 2017. This can be attributed to a rising number of people suffering from cardiovascular diseases (CVDs) due to unhealthy lifestyle such as lack of physical exercise and improper dietary habits coupled with an increase in the prevalence of diabetes mellitus across the globe. As per WHO estimates for 2016-2030, globally there will be more than 742 million people aged 60 years or above while China alone will have about 361 million aged 60 years or above during this same period which indicates a huge potential customer base for these products worldwide especially in Asia Pacific region where these products are relatively cheaper compared to their counterparts selling at higher prices outside China.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of market players, high awareness levels coupled with high disposable income and improved access to healthcare facilities. The Asia Pacific is expected to witness lucrative growth over the forecast period owing to increasing government initiatives for improving public health infrastructure coupled with rising demand for home healthcare devices. In addition, growing penetration of private hospitals and clinics offering medical services at lower costs will drive this regional market further.
Growth Factors:
- Increasing demand for watertightness and durability in construction industry
- Rising awareness about the benefits of lancing devices for flood testing among consumers
- Technological advancements in lancing devices that offer enhanced accuracy and precision
- Growing popularity of green building construction techniques
- Proliferation of online retail platforms that offer a wide range of lancing devices at competitive prices
Scope Of The Report
Report Attributes
Report Details
Report Title
Lancing Devices for Flood Testing Market Research Report
By Type
Personal Lancets, Professional Lancets
By Application
Home Care, Hospital & Clinics
By Companies
Roche, Owen Mumford, Ascensia, B. Braun, Terumo, ARKRAY, Trividia Health, SANNUO, BIONIME
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Lancing Devices for Flood Testing Market Report Segments:
The global Lancing Devices for Flood Testing market is segmented on the basis of:
Types
Personal Lancets, Professional 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.
Applications
Home Care, Hospital & Clinics
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:
- Roche
- Owen Mumford
- Ascensia
- B. Braun
- Terumo
- ARKRAY
- Trividia Health
- SANNUO
- BIONIME
Highlights of The Lancing Devices for Flood Testing 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:
- Personal Lancets
- Professional Lancets
- By Application:
- Home Care
- Hospital & Clinics
- 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 Lancing Devices for Flood Testing 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?
Lancing devices are used to flood test a product. They inject water into the product and measure how much water is expelled. This information can help determine if the product will hold up under pressure and whether any leaks or defects exist.
Some of the major players in the lancing devices for flood testing market are Roche, Owen Mumford, Ascensia, B. Braun, Terumo, ARKRAY, Trividia Health, SANNUO, BIONIME.
The lancing devices for flood testing market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Lancing Devices for Flood Testing 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. Lancing Devices for Flood Testing Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Lancing Devices for Flood Testing Market - Supply Chain
4.5. Global Lancing Devices for Flood Testing Market Forecast
4.5.1. Lancing Devices for Flood Testing Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Lancing Devices for Flood Testing Market Size (000 Units) and Y-o-Y Growth
4.5.3. Lancing Devices for Flood Testing Market Absolute $ Opportunity
5. Global Lancing Devices for Flood Testing 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. Lancing Devices for Flood Testing Market Size and Volume Forecast by Type
5.3.1. Personal Lancets
5.3.2. Professional Lancets
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Lancing Devices for Flood Testing 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. Lancing Devices for Flood Testing Market Size and Volume Forecast by Application
6.3.1. Home Care
6.3.2. Hospital & Clinics
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Lancing Devices for Flood Testing 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. Lancing Devices for Flood Testing 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 Lancing Devices for Flood Testing 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. Lancing Devices for Flood Testing 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 Lancing Devices for Flood Testing Demand Share Forecast, 2019-2026
9. North America Lancing Devices for Flood Testing 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 Lancing Devices for Flood Testing 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 Lancing Devices for Flood Testing Market Size and Volume Forecast by Application
9.4.1. Home Care
9.4.2. Hospital & Clinics
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Lancing Devices for Flood Testing Market Size and Volume Forecast by Type
9.7.1. Personal Lancets
9.7.2. Professional 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 Lancing Devices for Flood Testing Demand Share Forecast, 2019-2026
10. Latin America Lancing Devices for Flood Testing 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 Lancing Devices for Flood Testing 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 Lancing Devices for Flood Testing Market Size and Volume Forecast by Application
10.4.1. Home Care
10.4.2. Hospital & Clinics
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Lancing Devices for Flood Testing Market Size and Volume Forecast by Type
10.7.1. Personal Lancets
10.7.2. Professional 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 Lancing Devices for Flood Testing Demand Share Forecast, 2019-2026
11. Europe Lancing Devices for Flood Testing 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 Lancing Devices for Flood Testing 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 Lancing Devices for Flood Testing Market Size and Volume Forecast by Application
11.4.1. Home Care
11.4.2. Hospital & Clinics
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Lancing Devices for Flood Testing Market Size and Volume Forecast by Type
11.7.1. Personal Lancets
11.7.2. Professional Lacets
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 Lancing Devices for Flood Testing Demand Share, 2019-2026
12. Asia Pacific Lancing Devices for Flood Testing 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 Lancing Devices for Flood Testing 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 Lancing Devices for Flood Testing Market Size and Volume Forecast by Application
12.4.1. Home Care
12.4.2. Hospital & Clinics
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Lancing Devices for Flood Testing Market Size and Volume Forecast by Type
12.7.1. Personal Lancets
12.7.2. Professional 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 Lancing Devices for Flood Testing Demand Share, 2019-2026
13. Middle East & Africa Lancing Devices for Flood Testing 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 Lancing Devices for Flood Testing 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 Lancing Devices for Flood Testing Market Size and Volume Forecast by Application
13.4.1. Home Care
13.4.2. Hospital & Clinics
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Lancing Devices for Flood Testing Market Size and Volume Forecast by Type
13.7.1. Personal Lancets
13.7.2. Professional 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 Lancing Devices for Flood Testing Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Lancing Devices for Flood Testing Market: Market Share Analysis
14.2. Lancing Devices for Flood Testing Distributors and Customers
14.3. Lancing Devices for Flood Testing Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Roche
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Owen Mumford
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Ascensia
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. B. Braun
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Terumo
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ARKRAY
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Trividia Health
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. SANNUO
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. BIONIME
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook