Global Lancet And Pen Needles Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Insulin , Capillary Blood Sampling, Hormones , Glucose Like Peptide and Skin Testing.

By Length;

4mm, 5mm, 6mm, 8mm, 10mm and 12mm.

By Therapy;

Insulin, GLP-1, Growth, Hormone Therapy, Glucose Like Peptide (GLP) and Skin Testing.

By Gauge;

17/18G, 21G, 23G, 25G, 28G and 30G.

By End User;

Hospitals & Clinics, Diagnostic Centers & Medical Institutions, Home Care & Home Diagnostics, and Research & Academic Laboratories.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn414394622 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Lancet And Pen Needles Market (USD Million), 2021 - 2031

In the year 2024, the Global Lancet And Pen Needles Market was valued at USD 6,805.23 million. The size of this market is expected to increase to USD 11,968.72 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.4%.

The global lancet and pen needles market serves as a vital component of the healthcare industry, providing essential tools for various medical procedures and diagnostic tests. Lancets and pen needles are indispensable for patients managing conditions like diabetes, requiring regular blood glucose monitoring and insulin administration. This market encompasses a diverse range of products segmented by type, including insulin needles, capillary blood sampling needles, hormone needles, glucose-like peptide needles, and skin testing needles. Each type caters to specific medical needs, reflecting the market's versatility and importance in supporting patient care and disease management worldwide.

The end-user landscape of the lancet and pen needles market is equally diverse, spanning hospitals, clinics, diagnostic centers, medical institutions, home care settings, and research laboratories. These end users rely on lancet and pen needles for a multitude of purposes, from routine blood glucose monitoring in clinical settings to self-administration of medication in the comfort of patients' homes.

Research institutions utilize these tools for experimental studies and medical research, highlighting the market's significance across various healthcare sectors. As the global healthcare landscape continues to evolve, driven by factors such as technological advancements, demographic shifts, and increasing awareness of preventive care, the demand for lancet and pen needles is expected to rise, presenting lucrative opportunities for manufacturers, suppliers, and stakeholders in the market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Length
    3. Market Snapshot, By Therapy
    4. Market Snapshot, By Gauge
    5. Market Snapshot, By End User
    6. Market Snapshot, By Region
  4. Global Lancet And Pen Needles Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Diabetes Prevalence
        2. Technological Advancements
        3. Growing Demand for Home Healthcare
      2. Restraints
        1. Regulatory Challenges
        2. Limited Access to Healthcare
        3. High Cost of Advanced Devices
      3. Opportunities
        1. Markets Expansions
        2. Rising Adoption of Self-Monitoring Devices
        3. Focus on Product Innovation and Customization
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Lancet And Pen Needles Market, By Type, 2021 - 2031 (USD Million)
      1. Insulin
      2. Capillary Blood Sampling
      3. Hormones
      4. Glucose Like Peptide
      5. Skin Testing
    2. Global Lancet And Pen Needles Market, By End User, 2021 - 2031 (USD Million)
      1. Hospitals & Clinics
      2. Diagnostic Centers & Medical Institutions
      3. Home Care & Home Diagnostics
      4. Research & Academic Laboratories
    3. Global Lancet And Pen Needles Market, By Length, 2021 - 2031 (USD Million)
      1. 4mm
      2. 5mm
      3. 6mm
      4. 8mm
      5. 10mm
      6. 12mm
    4. Global Lancet And Pen Needles Market, By Therapy, 2021 - 2031 (USD Million)
      1. Insulin
      2. GLP-1
      3. Growth
      4. Hormone Therapy
      5. Glucose Like Peptide (GLP)
      6. Skin Testing
    5. Global Lancet And Pen Needles Market, By Gauge, 2021 - 2031 (USD Million)
      1. 17/18G
      2. 21G
      3. 23G
      4. 25G
      5. 28G
      6. 30G
    6. Global Lancet And Pen Needles Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. B. Braun Melsungen AG
      2. Terumo Corporation
      3. Becton Dickinson
      4. Sanofi
      5. F. Hoffmann-La Roche AG
      6. Bayer AG
      7. Novo Nordisk A S
      8. Eli Lilly And Company
  7. Analyst Views
  8. Future Outlook of the Market