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    Research Reports

    Plastic Lancet Market to Witness Tremendous Growth in Forecast Period 2021-2030

    Plastic Lancet Market to Witness Tremendous Growth in Forecast Period 2021-2030

    Published by TMR Research Insights

    Posted on August 31, 2021

    Featured image for article about Research Reports

    Plastic Lancet Market: An Overview

    Plastic Lancet is a pricking needle used in blood sampling and testing process. It is most commonly used by diabetic patient for testing blood regularly. It is a single use device and are very much affordable. Plastic lancet is also used by doctors, pathologist, and nurses for patient effected by cardiovascular issues, endocrine related complications and other such chronic diseases. It is also used personally by patient at home for sampling of blood. Plastic lancet is of various type and have different mechanism such as pressure activated, push button, and side button.

    The plastic lancet is also offered with same portable blood testing devices, which are used as a homecare kit. The commonly used plastic lancet are simple single use lancet which are manually used for pricking. It is one of the most commonly use devices in the medical sector to obtain the blood sample. Plastic lancet is recognized globally and is been accepted due to convenience, which gives replacement over traditional method for vein puncture. It provides painless vein puncture, easy handling and safety while handling. The increase in prevalence of major chronic diseases and improvement in medical devices regulation increases the demand for plastic lancet over the forecast period. The manufacturers of plastic lancet are focusing on the development such as improve R&D facility and provide cost efficient advance lancet, which can be continuously used for some certain period.

    Plastic Lancet Market: Dynamics

    The demand for plastic lancet is expected to be driven by growing number of blood borne diseases across the globe. The increase in number of contagious and non-contagious diseases are the primary factor influencing the demand for plastic lancet during the forecast period. The increase in prevalence of diabetes and other infectious disease such as plague, viral fever and swine flu increase the process of blood sampling and drives the plastic lancet market. The increase risk associated with blood transfusion, and poor healthcare facility has restraints the growth of global plastic lancet market. The glucose test monitoring, hemoglobin test, and other such test are expected to witness an attractive growth during the forecast period.

    Growing availability of accurate lancet devices for collection of blood sample, painless, and easy to handle devices helps patient to determine the adjustment in diabetic management, thus it result in increased demand for plastic lancet over the forecast period. The macro economic factors such as increase in healthcare expenditure is expected to influence the demand for plastic lancet during the forecast period globally. Therefore the global plastic lancet market is expected to witness a healthy CAGR during the forecast period.

    Are you a start-up willing to make it big in the business? Grab an exclusive PDF Brochure of this report https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=74538

    Plastic Lancet Market: Segmentation

    The global plastic lancet market is segmented as follows –

    By Application Type, the global plastic lancet market is segmented into –

    • Cholesterol Test
    • Glucose Test
    • Others

    By Product Type, the global plastic lancet market is segmented into –

    • Personal lancet
    • Push button safety lancet
    • Side button safety lancet
    • Pressure activated safety lancet

    By End user, the global plastic lancet market is segmented into –

    • Hospitals
    • Clinics
    • Diagnostic Centers
    • Homecare
    • Others

    Plastic Lancet Market: Regional Outlook

    The Europe is expected to witness a positive growth towards plastic lancet market during the forecast period. It is due to rise in prevalence of diabetes in Europe with around 60 million people are suffering from diabetes, according to WHO. North America is also expected to be the prominent market for plastic lancet, it is due to increasing need for diabetic diagnosis and increasing need for safe blood glucose test in hospitals. The Asia Pacific is expected to witness a healthy CAGR during the forecast period owing to increase in healthcare expenditure and low manufacturing cost and also low labor cost. 

    Recent Development in Global Plastic Lancet Market

    • In 2017, Abbott Laboratories S.A. announced that it FreeStyle Libre Flash Glucose Monitoring System for adults is been approved by US Food and Drug Administration. This approval enhance the product offering of the company.
    • In January 2017, Catalent Inc. collaborated with Roche on Smartag(TM) technology. It is a research collaboration that will help Roche on Smartag(TM) technology to develop new product.

    Plastic Lancet Market: Key Players

    Some of the leading players operating in the global plastic lancet market are as follows –

    • Sarstedt AG & Co
    • Guangzhou Improve Medical Instruments Co., Ltd
    • Abbott Laboratories S.A.
    • Becton Dickinson and Co
    • F.L. Medical SRL
    • LifeScan
    • Nipro Medical Corporation
    • Terumo Corporation

    This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

    More Trending Reports by Transparency Market Research –

    https://www.prnewswire.com/news-releases/demand-for-eco-friendly-packaging-solutions-to-stimulate-the-players-of-global-sustainable-packaging-market-to-invest-in-research-and-development—tmr-301004356.html

    About Us

    Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

    TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

    Contact

    Transparency Market Research
    USA – Canada Toll Free: 866-552-3453
    Email: sales@transparencymarketresearch.com
    Blog: https://tmrblog.com/
    Follow Us: Twitter | LinkedIn

    Plastic Lancet Market: An Overview

    Plastic Lancet is a pricking needle used in blood sampling and testing process. It is most commonly used by diabetic patient for testing blood regularly. It is a single use device and are very much affordable. Plastic lancet is also used by doctors, pathologist, and nurses for patient effected by cardiovascular issues, endocrine related complications and other such chronic diseases. It is also used personally by patient at home for sampling of blood. Plastic lancet is of various type and have different mechanism such as pressure activated, push button, and side button.

    The plastic lancet is also offered with same portable blood testing devices, which are used as a homecare kit. The commonly used plastic lancet are simple single use lancet which are manually used for pricking. It is one of the most commonly use devices in the medical sector to obtain the blood sample. Plastic lancet is recognized globally and is been accepted due to convenience, which gives replacement over traditional method for vein puncture. It provides painless vein puncture, easy handling and safety while handling. The increase in prevalence of major chronic diseases and improvement in medical devices regulation increases the demand for plastic lancet over the forecast period. The manufacturers of plastic lancet are focusing on the development such as improve R&D facility and provide cost efficient advance lancet, which can be continuously used for some certain period.

    Plastic Lancet Market: Dynamics

    The demand for plastic lancet is expected to be driven by growing number of blood borne diseases across the globe. The increase in number of contagious and non-contagious diseases are the primary factor influencing the demand for plastic lancet during the forecast period. The increase in prevalence of diabetes and other infectious disease such as plague, viral fever and swine flu increase the process of blood sampling and drives the plastic lancet market. The increase risk associated with blood transfusion, and poor healthcare facility has restraints the growth of global plastic lancet market. The glucose test monitoring, hemoglobin test, and other such test are expected to witness an attractive growth during the forecast period.

    Growing availability of accurate lancet devices for collection of blood sample, painless, and easy to handle devices helps patient to determine the adjustment in diabetic management, thus it result in increased demand for plastic lancet over the forecast period. The macro economic factors such as increase in healthcare expenditure is expected to influence the demand for plastic lancet during the forecast period globally. Therefore the global plastic lancet market is expected to witness a healthy CAGR during the forecast period.

    Are you a start-up willing to make it big in the business? Grab an exclusive PDF Brochure of this report https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=74538

    Plastic Lancet Market: Segmentation

    The global plastic lancet market is segmented as follows –

    By Application Type, the global plastic lancet market is segmented into –

    • Cholesterol Test
    • Glucose Test
    • Others

    By Product Type, the global plastic lancet market is segmented into –

    • Personal lancet
    • Push button safety lancet
    • Side button safety lancet
    • Pressure activated safety lancet

    By End user, the global plastic lancet market is segmented into –

    • Hospitals
    • Clinics
    • Diagnostic Centers
    • Homecare
    • Others

    Plastic Lancet Market: Regional Outlook

    The Europe is expected to witness a positive growth towards plastic lancet market during the forecast period. It is due to rise in prevalence of diabetes in Europe with around 60 million people are suffering from diabetes, according to WHO. North America is also expected to be the prominent market for plastic lancet, it is due to increasing need for diabetic diagnosis and increasing need for safe blood glucose test in hospitals. The Asia Pacific is expected to witness a healthy CAGR during the forecast period owing to increase in healthcare expenditure and low manufacturing cost and also low labor cost. 

    Recent Development in Global Plastic Lancet Market

    • In 2017, Abbott Laboratories S.A. announced that it FreeStyle Libre Flash Glucose Monitoring System for adults is been approved by US Food and Drug Administration. This approval enhance the product offering of the company.
    • In January 2017, Catalent Inc. collaborated with Roche on Smartag(TM) technology. It is a research collaboration that will help Roche on Smartag(TM) technology to develop new product.

    Plastic Lancet Market: Key Players

    Some of the leading players operating in the global plastic lancet market are as follows –

    • Sarstedt AG & Co
    • Guangzhou Improve Medical Instruments Co., Ltd
    • Abbott Laboratories S.A.
    • Becton Dickinson and Co
    • F.L. Medical SRL
    • LifeScan
    • Nipro Medical Corporation
    • Terumo Corporation

    This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

    More Trending Reports by Transparency Market Research –

    https://www.prnewswire.com/news-releases/demand-for-eco-friendly-packaging-solutions-to-stimulate-the-players-of-global-sustainable-packaging-market-to-invest-in-research-and-development—tmr-301004356.html

    About Us

    Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

    TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

    Contact

    Transparency Market Research
    USA – Canada Toll Free: 866-552-3453
    Email: sales@transparencymarketresearch.com
    Blog: https://tmrblog.com/
    Follow Us: Twitter | LinkedIn

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