Safety Lancet Market to Accrual to USD 2,305.1 Million by 2023 from 1,056.2 Million in 2016

Safety Lancet Market
Safety Lancet Market by Type (Push Button Safety Lancet, Pressure Activated Safety Lancet and Side Button Safety Lancet), by End User (Hospitals & Clinics, Diagnostic Centers and Pathology Laboratories, Home Diagnostics) – Forecast to 2023

Safety Lancet Market

The medical device industry is a dynamic and vital component of the healthcare industry. Developments in the medical device industry are made to simplify the diagnosis, prevention and treatment of various diseases. Every component of this industry plays an important role in the market sizing. One of such device is safety lancet, which is capturing a huge market share due to its application. Safety lancet can be further divided into push button safety lancet, pressure activated safety lancet and side button safety lancet.


The global market of safety lancet is expected to reach USD 2,305.1 million in 2023 from USD 1,056.2 million in 2016 with a CAGR of 11.8% during the forecast period 2017-2023.


Safety Lancet Market Players

  • F. Hoffmann-La Roche AG,
  • Becton,
  • Dickinson and Company,
  • Terumo Medical Corporation,
  • Bayer AG,
  • Sarstedt AG & Co.
  • Improve Medical Technology Co. Ltd.


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The safety lancet market report presents detailed analysis of the entire safety lancet market and provides extensive insights of the different safety lancets. The report also focuses on end users which uses safety lancet. Further, all of the above mentioned report coverage parameters are discussed across different regions like North Americas, Europe, Asia Pacific (APAC) and Middle East & Africa (MEA). The global safety lancet market is expected to grow at an estimated CAGR of 11.8% from 2017 to 2023.


Regional Analysis:

The global market for Safety lancet is growing steadily. The market for safety lancet is growing with the CAGR of 11.8% during the forecast period from 2017-2023. Blood sampling safety lancet are the most common devices used in hospitals, clinics, diagnostic centers and home monitoring. As of now the medical device industry is majorly established in U.S. and Europe. But trends are showing enormous growth opportunity in Asia, wherein China will play a prominent role in both usage and development of medical devices. The global safety lancet market reached USD 2,305.1 million in 2023 from 1,056.2 million in 2016, with America, Europe and Asia Pacific are considered to be the main contributors of the growth in the market.



Global Safety Lancet Market has been segmented on the basis of types which comprises of push button safety lancet, pressure activated safety lancet and side button safety lancet. On the basis of end user, it comprises of hospitals & clinics, diagnostic centers and pathology laboratories, home diagnostics and other end users.


The report for Global Safety Lancet Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides detail information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.


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