Global Lancet Market to See 11.3% CAGR through 2022, Expects MRFR in Its Topical Research Report Available at MarketPublishers.com04 Dec 2017 • by Natalie Aster
LONDON – Nowadays, the adoption of lancets as alternative device to obtain blood samples is gaining traction to its beneficial characteristics (like easy handling, safety while using and painless vein puncture) over the traditional vein puncture methods.
By 2022, the global market for lancets is poised to stand at about USD 2.88 billion, posting a healthy CAGR of 11.3% during 2017-2022. The key forces stimulating the global lancet market growth include, amid others, rising incidence of both contagious and non-contagious diseases, constantly improving regulations associated with medical devices, increasing popularity of home healthcare solutions and also expanding prevalence of diabetes worldwide. But, still the market growth could be hampered by risks associated with blood transfusion.
Regarding lancet types, the total market is reigned by the safety lancets segment, which accounts for a share of almost 70%. As for end-users, hospitals and clinics hold the biggest share of the overall lancets market and is poised to rise at a CAGR of 12.1% through 2022.
Regionally, the largest market share (43.6%) was captured by the European region in 2015. The European market for lancets is set to exceed USD 1.26 billion by 2022, posting a 11.4% CAGR.
In-demand topical research report “Global Lancet Market Analysis & Forecast 2016 To 2022” prepared by Market Research Future (MRFR) is a great source of valuable information pertaining to the world’s lancet market performance. This report offers a profound analysis of the market structure, highlights the market dynamics and reviews the market growth drivers and restraints, delves into the market landscape, discusses top trends, identifies the main opportunities and challenges. It covers the recent industry developments and innovations, scrutinises the competitive landscape and profiles the leading manufacturers. Besides, this report comprises a detailed market segmentation analysis on the basis of types, end-users and regions. Moreover, the report is a great source of data on the market size, structure, shares and growth rates, includes Porter’s Five Forces analysis and value chain analysis. Future forecasts for the global lancet market through 2022 are available in this publication.
Many other in-demand research reports by MRFR are available in this catalogue at MarketPublishers.com.