{"id":483270,"date":"2020-05-08T08:36:01","date_gmt":"2020-05-08T08:36:01","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=483270"},"modified":"2020-05-08T08:36:01","modified_gmt":"2020-05-08T08:36:01","slug":"lancets-market-anticipated-to-cross-51-billion-by-2027-grand-view-research-inc","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/lancets-market-anticipated-to-cross-51-billion-by-2027-grand-view-research-inc_483270.html","title":{"rendered":"Lancets Market Anticipated to Cross $5.1 Billion By 2027 | Grand View Research, Inc"},"content":{"rendered":"
\"Lancets<\/a><\/p>\n
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Grand View Research, Inc. \u2013 Market Research And Consulting<\/div>\n<\/div>\n<\/div>\n
The leading players in the industry include B. Braun Melsungen, Medline Industries, Roche Diagnostics, Becton, Dickinson and Company, Ypsomed, HTL-Strefa S.A, Terumo Corporation, Owen Mumford, Arkray, AgaMatrix, Abbott, Nipro Medical Corporation, and Ypsomed. Size, Share & Trends Analysis Report By Product (Safety Lancets, Standard Lancets, Specialty Lancets), By Application, By End Use, By Region, And Segment Forecasts, 2020 – 2027\n<\/div>\n

The global lancets market <\/span><\/span>size is expected to reach USD 5.1 Billion by 2027, registering a CAGR of 5.6% over the forecast period, according to a new report by Grand View Research, Inc.<\/strong> The market is primarily driven by the increasing incidence of infectious diseases, coupled with advancement in the field of diagnostic testing. Furthermore, increasing awareness about self-monitoring of blood glucose, coupled with improved accuracy in self-diagnostic among patients, is adding to the market growth.<\/p>\n

Rapidly changing lifestyle such as unhealthy food, consumption of alcohol, and lack of physical activities is increasing the incidence of lifestyle-associated chronic diseases. Rising government expenditure and technological advancement in the field of diabetes management are expected to drive the market. Furthermore, increasing preference for home care settings and the growing trend of using advanced lancet devices, including automatic versions, are some of the factors expected to drive the market during the forecast period.<\/p>\n

The availability of lancets in different sizes and specifications is expected to increase the usage of these devices by geriatric patients. The growth of the geriatric population across the globe is also opening new avenues for the market. Aged people are more prone to infectious diseases, thereby significantly contributing to the market growth. According to the WHO, the proportion of people over 60 years is expected to reach 22% by 2050 from 12% in 2015.<\/p>\n

“Would you like\/try a Free Sample Report” Click the link below:<\/strong>
www.grandviewresearch.com\/industry-analysis\/lancets-market\/request\/rs1<\/strong><\/a><\/p>\n

\"U.S.<\/strong><\/p>\n

Further key findings from the study suggest:<\/span><\/span><\/strong><\/p>\n