Medical Devices Industry Reports Sterile Lancets Market | Page 2

REPORT DESCRIPTION
Sterile Lancets Market – Overview
Sterile lancets are single-use disposable needles that are used for blood sampling by puncturing the skin.
Sterile lancets can be used independently as safety lancet or they can be used along with the lancing
device, which holds the lancet while pricking the skin. Skin testing for allergies can also be performed with
the help of sterile lancets. Sterile lancets are most commonly used in diabetic patients for checking blood
glucose level, however they are also used for collecting blood samples to perform other diagnostic tests. It
offers safety against accidental injuries and contamination.
Increasing prevalence of diabetes is one of the major factors driving growth of the sterile lancet market.
For instance, according to the International Diabetes Federation’s (IDF) Diabetes Atlas 2017, around 425
million patients were suffering from diabetes worldwide by end of 2017 and it is expected to reach around
629 million by 2045. Moreover, over 40% people suffering from diabetes are still undiagnosed, especially
in regions such as Asia Pacific, Middle East and some part of North Africa. These patients would require
insulin therapy, which would increase the demand for sterile lancets and fuel growth of the sterile lancets
market.
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