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Global Blood Lancet Market by Type (1.5 mm, 1.8 mm, 2.0 mm, 2.2 mm, Others), By Application (Hospital, Clinic, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: MDC-66
  • Author: Up Market Research
  • Rating: 5.0
  • Total Reviews: 51
  • No. Of Pages: 243
  • Format:
  • Pub. Date: 2021-03-01
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The Global Blood Lancet Market size is projected to grow from USD 1.8 billion in 2021 to USD 2.5 billion by 2028, at a CAGR of 7.1%. The growth of the market can be attributed to factors such as technological advancements and increased demand for point-of-care diagnostic testing devices globally.

A Blood Lancet is a medical device that punctures the skin to extract small amounts of blood. Blood may be taken for testing or analysis, such as checking blood glucose levels in diabetics, determining pregnancy by measuring hormone/antibody levels in the woman's urine, and DNA material from people who are accused or convicted of murder but whose guilt must be determined through DNA fingerprinting. A common use today is taking a drop of capillary whole-blood sample onto an automated analyzer which provides clinically relevant laboratory test results within minutes. The process requires only a very little volume of blood; it does not require any stitching when done properly - whereupon cosmetic treatment can take place immediately afterwards if required: this saves time and money.


On the basis of Type, the market is segmented into 1.5 mm, 1.8 mm, 2.0 mm, 2.2 mm, and Others.


On the basis of Application, the market is segmented into Hospital, Clinic and Others. The hospital type blood lancet can be used in patients with an acute need for frequent sampling to monitor their hematocrit levels or those who are undergoing a procedure such as bone marrow transplantation where there are long periods between sessions; it may also be applied to pregnant women during labor.

Clinicians use this device when they require more control over hemoglobin concentration than that achievable with finger stick whole-blood testing within a clinic setting – e.g., inpatient wards and operating rooms that have limited access to laboratory facilities. The product is designed specifically for healthcare professionals so that they can collect samples quickly without pain from needle sticks for the patient.


On the basis of Region, the market is segmented into Asia Pacific, North America, Latin America, and Europe.

North America has a significant market penetration of blood lancet devices as compared to other regions. The growth in this region is attributed to a rapidly aging population with increasing chronic diseases such as diabetes mellitus which require frequent testing for routine monitoring. The European market size is expected to show moderate CAGR during the forecast period owing to evolving technologies that make it easy for patients who are using glucose monitors at home. Latin American countries have limited awareness about these products; there should be an increase in patient education through media campaigns or social platforms like YouTube channels etc., besides educating doctors so as to create demand for these new medical instruments. Asia-Pacific countries will see considerable improvements in health care infrastructure which will play a key role in increasing the demand for blood lancets and other medical equipment.


Growth factors for Blood Lancet Market:

The market growth can be attributed to factors such as the increasing number of diabetes patients, which is expected to increase blood glucose monitoring. Notably, countries like China and India are home to a significant share of the diabetic population; this will in turn boost the demand for blood lancets. Moreover, rising awareness among people about new diagnosis techniques using these products is also driving their adoption by clinics and hospitals across regions. In addition, technological advancements have made it easier for manufacturers to manufacture finer size needles that offer precise readings at the drop of a hat.


Key Constraints for Blood Lancet Market:

High cost of manufacturing blood lancets: The major challenge for the manufacturers is to maintain a competitive pricing structure in order to provide appropriate profitability margins. Moreover, stringent regulatory standards have increased production costs and subsequently lowered profit margins with regard to resulting products.

Lack of awareness about usage among patients: This has made it difficult for many clinics, hospitals, etc., as they are unable to convince their patient base that these devices can help save time and money while also being more accurate than other techniques like finger pricks or urine tests. As such, this will create an obstacle for market growth going forward because without widespread adoption by medical practitioners themselves the use of these products won't become popularized on a large scale overnight.

Up Market Research published a new report titled “Blood Lancet Market research report which is segmented by Types (1.5 mm, 1.8 mm, 2.0 mm, 2.2 mm, Others), By Applications (Hospital, Clinic, Others), By Players/Companies Becton Dickinson, Improve Medical, Terumo, Sarstedt, Socorex, Graham Field, Paramount Surgimed Ltd, Shangdong Lianfa Medical, PL Medical, Changzhou Kealor, Owen Mumford, JMI Syringes, Amkay Products Pvt, F.L. Medical”. 


Report Scope

Report Attributes Report Details
Report Title Blood Lancet Market Research Report
By Type 1.5 mm, 1.8 mm, 2.0 mm, 2.2 mm, Others
By Application Hospital, Clinic, Others
By Companies Becton Dickinson, Improve Medical, Terumo, Sarstedt, Socorex, Graham Field, Paramount Surgimed Ltd, Shangdong Lianfa Medical, PL Medical, Changzhou Kealor, Owen Mumford, JMI Syringes, Amkay Products Pvt, F.L. Medical
Regions Covered North America, Europe, APAC, Latin America, MEA
Base Year 2020
Historical Year 2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year 2028
Number of Pages 243
Number of Tables & Figures 171
Customization Available Yes, the report can be customized as per your need.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Blood Lancet Industry Outlook

Global Blood Lancet Market Report Segments:

The market is segmented by Type 1.5 mm, 1.8 mm, 2.0 mm, 2.2 mm, Others and By Application Hospital, Clinic, Others.


Some of the companies that are profiled in this report are:

  1. Becton Dickinson
  2. Improve Medical
  3. Terumo
  4. Sarstedt
  5. Socorex
  6. Graham Field
  7. Paramount Surgimed Ltd
  8. Shangdong Lianfa Medical
  9. PL Medical
  10. Changzhou Kealor
  11. Owen Mumford
  12. JMI Syringes
  13. Amkay Products Pvt
  14. F.L. Medical

Blood Lancet Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.


Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Blood Lancet Market

Overview of the regional outlook of the Blood Lancet Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Blood Lancet Market Overview

Highlights of The Blood Lancet Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Blood Lancet Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. 1.5 mm

                2. 1.8 mm

                3. 2.0 mm

                4. 2.2 mm

                5. Others

       7. By Application:

                1. Hospital

                2. Clinic

                3. Others

  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 Blood Lancet 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 2028.


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

Blood Lancet Market Statistics

Reasons to Purchase the Blood Lancet Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Blood Lancet Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Blood Lancet Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Blood Lancet Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Blood Lancet Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Blood Lancet Market Size & Forecast, 2018-2028 
      4.5.1 Blood Lancet Market Size and Y-o-Y Growth 
      4.5.2 Blood Lancet Market Absolute $ Opportunity 

Chapter 5 Global Blood Lancet Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Blood Lancet Market Size Forecast by Type
      5.2.1 1.5 mm
      5.2.2 1.8 mm
      5.2.3 2.0 mm
      5.2.4 2.2 mm
      5.2.5 Others
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Blood Lancet Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Blood Lancet Market Size Forecast by Applications
      6.2.1 Hospital
      6.2.2 Clinic
      6.2.3 Others
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Blood Lancet Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Blood Lancet Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Blood Lancet Analysis and Forecast
   9.1 Introduction
   9.2 North America Blood Lancet Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Blood Lancet Market Size Forecast by Type
      9.6.1 1.5 mm
      9.6.2 1.8 mm
      9.6.3 2.0 mm
      9.6.4 2.2 mm
      9.6.5 Others
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Blood Lancet Market Size Forecast by Applications
      9.10.1 Hospital
      9.10.2 Clinic
      9.10.3 Others
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Blood Lancet Analysis and Forecast
   10.1 Introduction
   10.2 Europe Blood Lancet Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Blood Lancet Market Size Forecast by Type
      10.6.1 1.5 mm
      10.6.2 1.8 mm
      10.6.3 2.0 mm
      10.6.4 2.2 mm
      10.6.5 Others
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Blood Lancet Market Size Forecast by Applications
      10.10.1 Hospital
      10.10.2 Clinic
      10.10.3 Others
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Blood Lancet Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Blood Lancet Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Blood Lancet Market Size Forecast by Type
      11.6.1 1.5 mm
      11.6.2 1.8 mm
      11.6.3 2.0 mm
      11.6.4 2.2 mm
      11.6.5 Others
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Blood Lancet Market Size Forecast by Applications
      11.10.1 Hospital
      11.10.2 Clinic
      11.10.3 Others
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Blood Lancet Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Blood Lancet Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Blood Lancet Market Size Forecast by Type
      12.6.1 1.5 mm
      12.6.2 1.8 mm
      12.6.3 2.0 mm
      12.6.4 2.2 mm
      12.6.5 Others
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Blood Lancet Market Size Forecast by Applications
      12.10.1 Hospital
      12.10.2 Clinic
      12.10.3 Others
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Blood Lancet Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Blood Lancet Market Size 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 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Blood Lancet Market Size Forecast by Type
      13.6.1 1.5 mm
      13.6.2 1.8 mm
      13.6.3 2.0 mm
      13.6.4 2.2 mm
      13.6.5 Others
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Blood Lancet Market Size Forecast by Applications
      13.10.1 Hospital
      13.10.2 Clinic
      13.10.3 Others
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Blood Lancet Market: Competitive Dashboard
   14.2 Global Blood Lancet Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Becton Dickinson
      14.3.2 Improve Medical
      14.3.3 Terumo
      14.3.4 Sarstedt
      14.3.5 Socorex
      14.3.6 Graham Field
      14.3.7 Paramount Surgimed Ltd
      14.3.8 Shangdong Lianfa Medical
      14.3.9 PL Medical
      14.3.10 Changzhou Kealor
      14.3.11 Owen Mumford
      14.3.12 JMI Syringes
      14.3.13 Amkay Products Pvt
      14.3.14 F.L. Medical
Segments Covered in the Report
The global Blood Lancet market has been segmented based on

By Types
  • 1.5 mm
  • 1.8 mm
  • 2.0 mm
  • 2.2 mm
  • Others
By Applications
  • Hospital
  • Clinic
  • Others
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Becton Dickinson
  • Improve Medical
  • Terumo
  • Sarstedt
  • Socorex
  • Graham Field
  • Paramount Surgimed Ltd
  • Shangdong Lianfa Medical
  • PL Medical
  • Changzhou Kealor
  • Owen Mumford
  • JMI Syringes
  • Amkay Products Pvt
  • F.L. Medical

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