The Safety Lancet Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Safety Lancet Market?
The safety lancet market has experienced considerable growth in recent years. Its size will increase from $1.96 billion in 2024 to $2.14 billion in 2025, with a compound annual growth rate (CAGR) of 9.4%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Safety Lancet Industry?
The Safety Lancet Global Market Report 2025 predicts that by 2029, the market size will reach $3.03 billion, exhibiting a compound annual growth rate (CAGR) of 9.1%.
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What are the Key Growth Drivers Fueling the Safety Lancet Market?
The key drivers in the safety lancet market are:
• Rising prevalence of diabetes
• Increased preference for home healthcare
• Upsurge in the geriatric population base
• Increase in the prevalence of chronic diseases
Global Market Segmentation: Identifying Major Safety Lancet Industry Segments
The safety lancet market covered in this report is segmented –
1) By Product Type: Push Button Safety Lancet, Pressure Activated Safety Lancet, Side Button Safety Lancet
2) By Application: Blood Glucose Testing, Hemoglobin Testing, Cholesterol Testing, Coagulation Testing
3) By End-User: Hospitals and Clinics, Diagnostic Centers and Pathology Laboratories, Home Diagnostics, Other End-Users
Subsegments:
1) By Push Button Safety Lancet: Manual Push Button Safety Lancets, Automatic Push Button Safety Lancets, Adjustable Depth Push Button Safety Lancets
2) By Pressure Activated Safety Lancet: Single-Use Pressure Activated Lancets, Multi-Use Pressure Activated Lancets, Adjustable Pressure Activated Lancets
3) By Side Button Safety Lancet: Standard Side Button Safety Lancets, Ergonomic Side Button Safety Lancets, Adjustable Depth Side Button Safety Lancets
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What are the emerging Trends Shaping the Future of the Safety Lancet Market?
The key trends in the safety lancet market are:
• Technological advancements trends are playing a crucial role in this market's future.
• Patient empowerment to manage their own health is also emerging as a new trend.
• Emphasis on infection control and patient safety due to regulatory directives is an apparent trend.
• The trend of the growing home health care market is shaping the future.
Who Are the Top Competitors & Leading Players in the Safety Lancet Market?
Major players in the safety lancet market are:
• McKesson Corporation
• Cardinal Health Inc.
• F. Hoffmann-La Roche AG
• Bayer AG
• Abbott Laboratories
• Medline Industries Inc.
• Becton Dickinson and Company
• B. Braun SE
• Terumo Medical Corporation
• Nipro Corporation
• Sarstedt AG & Co. KG.
• Greiner Bio-One International GmbH
• Ypsomed Holding AG
• Improve Medical Technology Co. Ltd
• Omron Healthcare Inc.
• Owen Mumford Ltd.
• Arkray Inc.
• AgaMatrix Inc.
• Narang Medical Limited.
• DarioHealth Corp
• HTL-STREFA S.A.
• Ribbel International Limited
• Simple Diagnostics Inc.
• Sara Healthcare Private Limited
• Smiths Medical
• HICKS THERMOMETERS (INDIA) LTD.
• Sterimed Group
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the safety lancet market in 2024
