Press Release
Press Release
According to a new report by EMR titled, ‘The United States Lancets Market Report and Forecast 2024-2032’, the market attained a value of nearly USD 293.97 million in 2023. The market is expected to grow at a CAGR of about 9% in the forecast period of 2024-2032.
A lancet is a small, sharp needle or blade used to puncture the skin and obtain blood samples. Lancets are similar to scalpel-style lancets but have a double-edged blade and a pointed end. The United States lancets market is driven by the rising demand for easy to use products for home care. With increasing chronic diseases coupled with the growing geriatric population, the requirement for lancets has increased.
The United States stands as a prominent regional market for lancets worldwide due to its sizable patient population and favourable reimbursement policies. Continuous product introductions and escalating healthcare spending have bolstered the market expansion. Statistics from The International Diabetes Federation indicate that 43% of global diabetes-related health spending transpires in this region. Heightened awareness of self-care and the expense of hospital diagnostics have additionally fueled the demand for lancets. The market growth is further supported by the substantial presence of key industry players within the United States.
Fig: Americans with diabetes, in 1,000s
In September 2023, Tasso, Inc. received CE Mark certification for its Tasso+™ device, which collects whole liquid blood samples through a virtually pain-free blood lancet, making it easy for patients to use. Tasso, Inc. has received CE Mark certification for its Tasso+™ device, which collects whole liquid blood samples through a virtually pain-free blood lancet, making it easy for patients to use.
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The major players in the United States lancets market are Abbott Laboratories, Becton, Dickinson and Company, Medline Industries Inc., ARKRAY USA, Inc., Roche Diagnostics Ltd., and Terumo Corporation, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2017-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product Type |
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Breakup by Application |
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Breakup by End Use |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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