Global Painless Lancet Market Report 2019 Foresees the Market to grow by 6% during 2020 - 2026

Posted On November 30, 2020     

The report by Value Market Research on the Global Painless Lancet Market anticipates the market growth to reach CAGR of 6% during 2020-2026. Painless lancet, small medical equipment used for blood sampling, is commonly used in healthcare facilities. The growing prevalence of infectious diseases worldwide and an alarming increase in the number of people affected by the silent killer diabetes are the main factors driving the growth of the painless lancet market. Increased spending in the healthcare sector by government and private organizations will benefit market growth. Rapid urbanization, sedentary lifestyles, improper eating habits, escalating geriatric population, and the rising need for blood testing to diagnose various diseases affecting the global community will boost the market growth. The risk of injuries from needle sticks and lack of awareness about these specialized blood lancets' availabilities are the main constraints hampering the market growth.

Painless lancet is a device used to obtain blood samples by making pain free incisions or punctures in the skin during blood glucose monitoring. Lancets are also used by healthcare professionals involved in testing the skin for allergies. The depth of penetration of a lancet is adjustable and is based on the patient's skin thickness. These devices are equipped with short and thin needles, resulting in minimal pressure on the patient's fingertip and limiting blood seepage. They are simple to use, convenient, and aid in reducing the chances of infections. Primarily used in healthcare settings like clinics, pathology labs, or self-diagnostics, lancets are generally disposable devices.

The first chapter of the report "Global Painless Lancet Market Report By Product (Length <1 Mm, Length 1-1.5 Mm, Length 1.5 Mm-2 Mm And Length >2 Mm), By Application (Hospital, Nursing Home, Surgery Center And Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2019-2026" gives the market introduction with a crisp summary of the report and goes in detailed revenue analysis bifurcated as per segments and regions in the subsequent chapters.
The study digs deep to identify the market drivers, restraints, opportunities and threats in the near future.By product the market is divided into Length <1 Mm, Length 1-1.5 Mm, Length 1.5 Mm-2 Mm, Length >2 Mm. By application the market is segregated as Hospital, Nursing Home, Surgery Center, Others. The report identifies region which is expected to dominate the market over the next six years among all the regions studied in the report. North America, Europe, Latin America and Middle East & Africa are deeply researched in the report.

The Report Segments Global Painless Lancet Market -
By Product

  • Length <1 Mm
  • Length 1-1.5 Mm
  • Length 1.5 Mm-2 Mm
  • Length >2 Mm

By Application

  • Hospital
  • Nursing Home
  • Surgery Center
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Players Profiled In the Report:
Accriva Diagnostics, Medline, Nipro Corporation, Owen Mumford and Sarstedt.

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