A blood sugar lancet is a small medical device used in capillary blood sampling. It looks similar to a scalpel but has a double-edged needle or blade. Blood sugar lancets are used to make minuscule punctures to obtain blood samples and are mostly disposable. The blood sugar lancet market is a part of the global diabetes market as they are commonly used to measure blood glucose levels. The depth of the skin to be penetrated can be adjusted for various levels of skin thickness. Some devices can even be used to measure the acid base status of an unborn foetus.
As per the International Diabetes Federation, it is estimated that nearly 642 million people will suffer from diabetes by the year 2040. This amounts to nearly 1 in 10 adults. They are anticipated to be the biggest driver of the blood sugar lancet market in the coming decade. Diabetes is far more likely to occur in obese or senior citizens in any country. Western countries are already troubled by both these health predicaments. There is also an increasing number of both type 1 and type 2 cases of diabetes being reported in children and thus, governments will be under increasing pressure to tackle the issue head one. The blood sugar lancet market will allow people to monitor their glucose level, keep it under control and take the medication as and when required.
The second driver of the blood sugar lancet market is the reimbursement options available, especially in developed countries. These devices are typically replaced every six to eight months which makes them expensive in the long run. Thus, patients prefer health insurance plans that cover most of the device expenditure. These plans also provide coverage for glucose test strips, glucose meters and diabetes testing supplies. In the U.S. alone, Medicare covers almost 80% of the cost of blood glucose monitoring devices like blood sugar lancets. The American Association of Diabetes Educators has also published a reimbursement procedure for primary caregivers, which categorically states that Medicare will reimburse medical service costs of diabetic patients.
The global Blood Sugar Lancets market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Blood Sugar Lancets volume and value at global level, regional level and company level. From a global perspective, this report represents overall Blood Sugar Lancets market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Bayer
Roche
AgaMatrix
Nova Biomedical
Integrity Applications
Medisana
...
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Disposable
Non-Disposable
Segment by Application
Hospitals
Clinics
Others
Table of Contents
Executive Summary
1 Blood Sugar Lancets Market Overview
1.1 Product Overview and Scope of Blood Sugar Lancets
1.2 Blood Sugar Lancets Segment by Type
1.2.1 Global Blood Sugar Lancets Production Growth Rate Comparison by Type (2014-2025)
1.2.2 Disposable
1.2.3 Non-Disposable
1.3 Blood Sugar Lancets Segment by Application
1.3.1 Blood Sugar Lancets Consumption Comparison by Application (2014-2025)
1.3.2 Hospitals
1.3.3 Clinics
1.3.4 Others
1.4 Global Blood Sugar Lancets Market by Region
1.4.1 Global Blood Sugar Lancets Market Size Region
1.4.2 North America Status and Prospect (2014-2025)
1.4.3 Europe Status and Prospect (2014-2025)
1.4.4 China Status and Prospect (2014-2025)
1.4.5 Japan Status and Prospect (2014-2025)
1.5 Global Blood Sugar Lancets Market Size
1.5.1 Global Blood Sugar Lancets Revenue (2014-2025)
1.5.2 Global Blood Sugar Lancets Production (2014-2025)
2 Global Blood Sugar Lancets Market Competition by Manufacturers
2.1 Global Blood Sugar Lancets Production Market Share by Manufacturers (2014-2019)
2.2 Global Blood Sugar Lancets Revenue Share by Manufacturers (2014-2019)
2.3 Global Blood Sugar Lancets Average Price by Manufacturers (2014-2019)
2.4 Manufacturers Blood Sugar Lancets Production Sites, Area Served, Product Types
2.5 Blood Sugar Lancets Market Competitive Situation and Trends
Summary: Get latest Market Research Reports on Blood Sugar Lancets. Industry analysis & Market Report on Blood Sugar Lancets is a syndicated market report, published as Global Blood Sugar Lancets Market Research Report 2019. It is complete Research Study and Industry Analysis of Blood Sugar Lancets market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.