Asia Pacific Lancet And Pen Needles Market

Home Medical Devices Asia Pacific Lancet And Pen Needles Market

Asia Pacific Lancet and Pen Needles Market, By Length (4mm, 5mm, 6mm, 8mm, Others); By Gauge (17/18G, 21G, 23G, Others); By Application (Blood Glucose Monitoring, Insulin Delivery, Others); By Mode of Purchase (Retail, Non-retail); By End User (Clinics, Hospitals, Medical Institutions, Others); By Country (China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Malaysia, Singapore, Vietnam, Rest of APAC), Trend Analysis, Competitive Landscape & Forecast, 2019–2030

Published Date: March 2024
Report ID: BWC24170
Available Format: PDF
Page: 300

Report Overview

The rising prevalence of chronic diseases and growing geriatric population are expected to boost the growth of Asia Pacific Lancet and Pen Needles Market during the forecast period between 2024 and 2030.

Asia Pacific Lancet and Pen Needles Market - Industry Trends & Forecast Report, 2030

Asia Pacific Lancet and Pen Needles Market size was estimated to be worth USD 1,416.30 million in 2023. During the forecast period between 2024 and 2030, the Asia Pacific Lancet and Pen Needles Market size is projected to grow at a CAGR of 11.53%, reaching a value of USD 3,040.6 million by 2030. Major growth factors for the Asia Pacific Lancet and Pen Needles Market include the increasing prevalence of chronic diseases, such as diabetes, and the rising aging population. Additionally, technological advancements in products and increasing in-home care treatments are anticipated to proliferate the Asia Pacific lancet and pen needles market.

Asia Pacific Lancet and Pen Needles Market

Lancet and Pen Needles – Overview

A blood lancet, often known as a lancet, is a small medical tool to draw blood from capillaries. They are used in conjunction with a lancing device to create a tiny skin puncture to extract a few drops of blood to test the patient's blood sugar levels. Typically, blood lancets are discarded. Pen injectors are devices that provide medication to the body by using pen needles. They are typically disposed of, which reduces the possibility of cross-contamination or subsequent infections. They are also less painful than vials and syringes. Additionally, using pen needles is convenient and does not demand medical assistance.

Asia Pacific Lancet and Pen Needles Market

Growth Drivers

Increasing Prevalence of Chronic Diseases

Asia Pacific countries are witnessing substantial growth in the prevalence of non-communicable, such as cardiovascular diseases and diabetes. Roughly 13.5% of Japanese people have type 2 diabetes or impaired glucose tolerance, whereas there are presently 101 million diabetic patients in India, of whom 31 million were diagnosed in 2019 and 2021 alone. The increased frequency of chronic illnesses in the region is mostly related to the aging population and unhealthy lifestyle choices. Consequently, the demand for lancet and pen needles are projected to surge during the forecast period, driving the Asia Pacific market growth.

Challenges

Reluctant in Self Use of Lancet and Pen Needles

Many people receiving home health care use lancets and pen needles to administer their prescriptions. They frequently administer them on their own after learning how from the caretakers. However, the sort of medication used for injection differs between the conventional pen needle and the safety pen needle. Patients may not be aware of which sort of pen needles are needed for specific medication. This may lead to misunderstandings of using the lancet and pen needle correctly. In addition, patients may be unable to provide medication to their bodies correctly if they do not follow the pen needle's instructions. This acts as a significant restraining factor for the Asia Pacific Lancet and Pen Needles Market.

Asia Pacific Lancet and Pen Needles Market

Segmental Coverage

Asia Pacific Lancet and Pen Needles Market – By Length

Based on length, the Asia Pacific Lancet and Pen Needles Market is segmented into 4mm, 5mm, 6mm, 8mm, and others. The 4mm segment accounts for the largest market share. The nano, 4 mm, 32-gauge needle, which is roughly as thin as two hair strands, is the smallest and thinnest needle available. With this needle, there is a negligible chance of injecting it into muscle tissue. Picking the skin during injection should not be necessary (pulling the fatty tissue away from the muscle allows for a more accurate injection). The 4 mm needle is suitable for adults and children.

Asia Pacific Lancet and Pen Needles Market – By Gauge

Based on the gauge, the Asia Pacific Lancet and Pen Needles Market is divided into 17/18G, 21G, 23G, and other segments. The 23G segment holds the largest share in the Asia Pacific lancet and pen needles market. The 23-gauge lancet produces a wider perforation than the 28 and 30-gauge lancets, which makes it simpler to perform tests that call for a larger blood sample. As a result, the 23-gauge lancet receives more blood than the 28 and 30-gauge lancets, which drives its market growth.

Asia Pacific Lancet and Pen Needles Market – By Mode of Purchase

Based on the mode of purchase, the Asia Pacific Lancet and Pen Needles Market is split into retail and non-retail. The retail segment holds a larger share in the Asia Pacific Lancet and Pen Needles Market. The retail segment is driven by a high number of retail stores, the ease of availability of lancets and pen needles, and discounts offered by these stores. Additionally, the large number of diabetes patients who administer insulin on their own further boosts the demand for these products in retail stores.

Asia Pacific Lancet and Pen Needles Market Share

Asia Pacific Lancet and Pen Needles Market – By End User

Based on end users, the Asia Pacific Lancet and Pen Needles Market is segmented into clinics, hospitals, medical institutions, and others. The hospital segment accounts for the highest market share. The growth of the market is mainly attributed to the high number of out-patient visits to hospitals for their regular blood sugar level checks and insulin shots.

Asia Pacific Lancet and Pen Needles Market – By Country

The in-depth research report on the Asia Pacific Lancet and Pen Needles Market covers a number of country-specific markets, including China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Malaysia, Singapore, Vietnam, and the rest of APAC. China dominates the Asia Pacific lancet and pen needles market owing to the rising burden of diabetes in the country. China is the country with the highest estimated number of diabetics worldwide—141 million people—followed by India, which has 101 million diabetics. The increasing aging population is estimated to be crucial in fueling the demand for lancet and pen needles in China.

Competitive Landscape

Major players operating in the Asia Pacific Lancet and Pen Needles Market include Terumo Corporation, BD, Novo Nordisk A/S, B. Braun SE, Sara Healthcare, Jiangsu Huida Medical Instruments Co., Ltd, Nanchang Yili Medical Instrument Co., Ltd, Cardinal Health, and Phoenix Healthcare Solution LLC. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Recent Developments

In September 2022 – Terumo India, the Indian arm of a medical device company based in Japan, launched Fineglide, a sterile pen needle for insulin injections.

Scope of the Report

Attributes	Details
Years Considered	Historical Data – 2019–2023
	Base Year – 2023
	Estimated Year – 2024
	Forecast Period – 2024–2030
Facts Covered	Revenue in USD Million
Market Coverage	China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Malaysia, Singapore, Vietnam, Rest of APAC
Product/ Service Segmentation	Length, Gauge, Application, Mode of Purchase, End Users, Country
Key Players	Terumo Corporation, BD, Novo Nordisk A/S, B. Braun SE, Sara Healthcare, JiangSu Huida Medical Instruments Co., Ltd, Nanchang Yili Medical Instrument Co., Ltd, Cardinal Health, Phoenix Healthcare Solution LLC

By Length

4mm
5mm
6mm
8mm
Others

By Gauge

17/18G
21G
23G
Others

By Application

Blood Glucose Monitoring
Insulin Delivery
Others

By Mode of Purchase

Retail
Non-retail

By End Users

Clinics
Hospitals
Medical Institutions
Others

By Country

China
India
Japan
South Korea
Australia & New Zealand
Indonesia
Malaysia
Singapore
Vietnam
Rest of APAC

Research Framework
1. Research Objective
2. Product Overview
3. Market Segmentation
Executive Summary
Asia Pacific Lancet and Pen Needles Market Insights
1. Industry Value Chain Analysis
2. DROC Analysis
  1. Growth Drivers
    1. Rising Prevalence of Chronic Diseases
    2. Growing Geriatric Population
  2. Restraints
    1. Prevalence of Trypanophobia/Needle Phobia
    2. Fluctuations in Raw Material Prices
  3. Opportunities
    1. Expansion of E-Commerce and Online Pharmacies
    2. Development of Advanced Pen Needle Technologies
  4. Challenges
    1. Strict Regulations Regarding Safety and Efficacy
3. Technological Advancements/Recent Developments
4. Regulatory Framework
5. Porter’s Five Forces Analysis
  1. Bargaining Power of Suppliers
  2. Bargaining Power of Buyers
  3. Threat of New Entrants
  4. Threat of Substitutes
  5. Intensity of Rivalry
Asia Pacific Lancet and Pen Needles Market: Marketing Strategies
Asia Pacific Lancet and Pen Needles Market Overview
1. Market Size & Forecast, 2019–2030
  1. By Value (USD Million)
2. Market Share & Forecast
  1. By Length
    1. 4mm
    2. 5mm
    3. 6mm
    4. 8mm
    5. Others
  2. By Gauge
    1. 17/18G
    2. 21G
    3. 23G
    4. Others
  3. By Application
    1. Blood Glucose Monitoring
    2. Insulin Delivery
    3. Others
  4. By Mode of Purchase
    1. Retail
    2. Non-retail
  5. By End Users
    1. Clinics
    2. Hospitals
    3. Medical Institutions
    4. Others
  6. By Country
    1. China
    2. India
    3. Japan
    4. South Korea
    5. Australia & New Zealand
    6. Indonesia
    7. Malaysia
    8. Singapore
    9. Vietnam
    10. Rest of APAC
China Lancet and Pen Needles Market
1. Market Size & Forecast, 2019–2030
  1. By Value (USD Million)
2. Market Share & Forecast
  1. By Length
  2. By Gauge
  3. By Application
  4. By Mode of Purchase
  5. By End Users
India Lancet and Pen Needles Market
1. Market Size & Forecast, 2019–2030
  1. By Value (USD Million)
2. Market Share & Forecast
  1. By Length
  2. By Gauge
  3. By Application
  4. By Mode of Purchase
  5. By End Users
Japan Lancet and Pen Needles Market
1. Market Size & Forecast, 2019–2030
  1. By Value (USD Million)
2. Market Share & Forecast
  1. By Length
  2. By Gauge
  3. By Application
  4. By Mode of Purchase
  5. By End Users
South Korea Lancet and Pen Needles Market
1. Market Size & Forecast, 2019–2030
  1. By Value (USD Million)
2. Market Share & Forecast
  1. By Length
  2. By Gauge
  3. By Application
  4. By Mode of Purchase
  5. By End Users
Australia & New Zealand Lancet and Pen Needles Market
1. Market Size & Forecast, 2019–2030
  1. By Value (USD Million)
2. Market Share & Forecast
  1. By Length
  2. By Gauge
  3. By Application
  4. By Mode of Purchase
  5. By End Users
Indonesia Lancet and Pen Needles Market
1. Market Size & Forecast, 2019–2030
  1. By Value (USD Million)
2. Market Share & Forecast
  1. By Length
  2. By Gauge
  3. By Application
  4. By Mode of Purchase
  5. By End Users
Malaysia Lancet and Pen Needles Market
1. Market Size & Forecast, 2019–2030
  1. By Value (USD Million)
2. Market Share & Forecast
  1. By Length
  2. By Gauge
  3. By Application
  4. By Mode of Purchase
  5. By End Users
Singapore Lancet and Pen Needles Market
1. Market Size & Forecast, 2019–2030
  1. By Value (USD Million)
2. Market Share & Forecast
  1. By Length
  2. By Gauge
  3. By Application
  4. By Mode of Purchase
  5. By End Users
Vietnam Lancet and Pen Needles Market
1. Market Size & Forecast, 2019–2030
  1. By Value (USD Million)
2. Market Share & Forecast
  1. By Length
  2. By Gauge
  3. By Application
  4. By Mode of Purchase
  5. By End Users
Rest of APAC Lancet and Pen Needles Market
1. Market Size & Forecast, 2019–2030
  1. By Value (USD Million)
2. Market Share & Forecast
  1. By Length
  2. By Gauge
  3. By Application
  4. By Mode of Purchase
  5. By End Users
Competitive Landscape
1. List of Key Players and Their Offerings
2. Asia Pacific Lancet and Pen Needles Company Market Share Analysis, 2023
3. Competitive Benchmarking, By Operating Parameters
4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
Impact of Geopolitical Tension in Asia Pacific Lancet and Pen Needles Market
Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
1. Terumo Corporation
2. BD
3. Novo Nordisk A/S
4. B. Braun SE
5. Sara Healthcare
6. JiangSu Huida Medical Instruments Co. Ltd
7. Nanchang Yili Medical Instrument Co. Ltd
8. Cardinal Health
9. Phoenix Healthcare Solution LLC
10. Other Prominent Players
Key Strategic Recommendations
Research Methodology
1. Qualitative Research
  1. Primary & Secondary Research
2. Quantitative Research
3. Market Breakdown & Data Triangulation
  1. Secondary Research
  2. Primary Research
4. Breakdown of Primary Research Respondents, By Country
5. Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable

List of Figures

Figure 1 Asia Pacific Lancet and Pen Needles Market Segmentation

Figure 2 Asia Pacific Lancet and Pen Needles Market Value Chain Analysis

Figure 3 Company Market Share Analysis, 2023

Figure 4 Asia Pacific Lancet and Pen Needles Market Size, By Value (USD Million), 2019–2030

Figure 5 Asia Pacific Lancet and Pen Needles Market Share, By Length, By Value, 2019–2030

Figure 6 Asia Pacific Lancet and Pen Needles Market Share, By Gauge, By Value, 2019–2030

Figure 7 Asia Pacific Lancet and Pen Needles Market Share, By Application, By Value, 2019–2030

Figure 8 Asia Pacific Lancet and Pen Needles Market Share, By Mode of Purchase, By Value, 2019–2030

Figure 9 Asia Pacific Lancet and Pen Needles Market Share, By End Users, By Value, 2019–2030

Figure 10 Asia Pacific Lancet and Pen Needles Market Share, By Country, By Value, 2019–2030

Figure 11 China Lancet and Pen Needles Market Size, By Value (USD Million), 2019–2030

Figure 12 China Lancet and Pen Needles Market Share, By Length, By Value, 2019–2030

Figure 13 China Lancet and Pen Needles Market Share, By Gauge, By Value, 2019–2030

Figure 14 China Lancet and Pen Needles Market Share, By Application, By Value, 2019–2030

Figure 15 China Lancet and Pen Needles Market Share, By Mode of Purchase, By Value, 2019–2030

Figure 16 China Lancet and Pen Needles Market Share, By End Users, By Value, 2019–2030

Figure 17 China Lancet and Pen Needles Market Share, By Country, By Value, 2019–2030

Figure 18 India Lancet and Pen Needles Market Size, By Value (USD Million), 2019–2030

Figure 19 India Lancet and Pen Needles Market Share, By Length, By Value, 2019–2030

Figure 20 India Lancet and Pen Needles Market Share, By Gauge, By Value, 2019–2030

Figure 21 India Lancet and Pen Needles Market Share, By Application, By Value, 2019–2030

Figure 22 India Lancet and Pen Needles Market Share, By Mode of Purchase, By Value, 2019–2030

Figure 23 India Lancet and Pen Needles Market Share, By End Users, By Value, 2019–2030

Figure 24 Japan Lancet and Pen Needles Market Size, By Value (USD Million), 2019–2030

Figure 25 Japan Lancet and Pen Needles Market Share, By Length, By Value, 2019–2030

Figure 26 Japan Lancet and Pen Needles Market Share, By Gauge, By Value, 2019–2030

Figure 27 Japan Lancet and Pen Needles Market Share, By Application, By Value, 2019–2030

Figure 28 Japan Lancet and Pen Needles Market Share, By Mode of Purchase, By Value, 2019–2030

Figure 29 Japan Lancet and Pen Needles Market Share, By End Users, By Value, 2019–2030

Figure 30 South Korea Lancet and Pen Needles Market Size, By Value (USD Million), 2019–2030

Figure 31 South Korea Lancet and Pen Needles Market Share, By Length, By Value, 2019–2030

Figure 32 South Korea Lancet and Pen Needles Market Share, By Gauge, By Value, 2019–2030

Figure 33 South Korea Lancet and Pen Needles Market Share, By Application, By Value, 2019–2030

Figure 34 South Korea Lancet and Pen Needles Market Share, By Mode of Purchase, By Value, 2019–2030

Figure 35 South Korea Lancet and Pen Needles Market Share, By End Users, By Value, 2019–2030

Figure 36 South Korea Lancet and Pen Needles Market Share, By Country, By Value, 2019–2030

Figure 37 Australia & New Zealand Lancet and Pen Needles Market Size, By Value (USD Million), 2019–2030

Figure 38 Australia & New Zealand Lancet and Pen Needles Market Share, By Length, By Value, 2019–2030

Figure 39 Australia & New Zealand Lancet and Pen Needles Market Share, By Gauge, By Value, 2019–2030

Figure 40 Australia & New Zealand Lancet and Pen Needles Market Share, By Application, By Value, 2019–2030

Figure 41 Australia & New Zealand Lancet and Pen Needles Market Share, By Mode of Purchase, By Value, 2019–2030

Figure 42 Australia & New Zealand Lancet and Pen Needles Market Share, By End Users, By Value, 2019–2030

Figure 43 Indonesia Lancet and Pen Needles Market Size, By Value (USD Million), 2019–2030

Figure 44 Indonesia Lancet and Pen Needles Market Share, By Length, By Value, 2019–2030

Figure 45 Indonesia Lancet and Pen Needles Market Share, By Gauge, By Value, 2019–2030

Figure 46 Indonesia Lancet and Pen Needles Market Share, By Application, By Value, 2019–2030

Figure 47 Indonesia Lancet and Pen Needles Market Share, By Mode of Purchase, By Value, 2019–2030

Figure 48 Indonesia Lancet and Pen Needles Market Share, By End Users, By Value, 2019–2030

Figure 49 Malaysia Lancet and Pen Needles Market Size, By Value (USD Million), 2019–2030

Figure 50 Malaysia Lancet and Pen Needles Market Share, By Length, By Value, 2019–2030

Figure 51 Malaysia Lancet and Pen Needles Market Share, By Gauge, By Value, 2019–2030

Figure 52 Malaysia Lancet and Pen Needles Market Share, By Application, By Value, 2019–2030

Figure 53 Malaysia Lancet and Pen Needles Market Share, By Mode of Purchase, By Value, 2019–2030

Figure 54 Malaysia Lancet and Pen Needles Market Share, By End Users, By Value, 2019–2030

Figure 55 Singapore Lancet and Pen Needles Market Size, By Value (USD Million), 2019–2030

Figure 56 Singapore Lancet and Pen Needles Market Share, By Length, By Value, 2019–2030

Figure 57 Singapore Lancet and Pen Needles Market Share, By Gauge, By Value, 2019–2030

Figure 58 Singapore Lancet and Pen Needles Market Share, By Application, By Value, 2019–2030

Figure 59 Singapore Lancet and Pen Needles Market Share, By Mode of Purchase, By Value, 2019–2030

Figure 60 Singapore Lancet and Pen Needles Market Share, By End Users, By Value, 2019–2030

Figure 61 Vietnam Lancet and Pen Needles Market Size, By Value (USD Million), 2019–2030

Figure 62 Vietnam Lancet and Pen Needles Market Share, By Length, By Value, 2019–2030

Figure 63 Vietnam Lancet and Pen Needles Market Share, By Gauge, By Value, 2019–2030

Figure 64 Vietnam Lancet and Pen Needles Market Share, By Application, By Value, 2019–2030

Figure 65 Vietnam Lancet and Pen Needles Market Share, By Mode of Purchase, By Value, 2019–2030

Figure 66 Vietnam Lancet and Pen Needles Market Share, By End Users, By Value, 2019–2030

Figure 67 Rest of APAC Lancet and Pen Needles Market Size, By Value (USD Million), 2019–2030

Figure 68 Rest of APAC Lancet and Pen Needles Market Share, By Length, By Value, 2019–2030

Figure 69 Rest of APAC Lancet and Pen Needles Market Share, By Gauge, By Value, 2019–2030

Figure 70 Rest of APAC Lancet and Pen Needles Market Share, By Application, By Value, 2019–2030

Figure 71 Rest of APAC Lancet and Pen Needles Market Share, By Mode of Purchase, By Value, 2019–2030

Figure 72 Rest of APAC Lancet and Pen Needles Market Share, By End Users, By Value, 2019–2030

List of Tables

Table 1 Asia Pacific Lancet and Pen Needles Market Size, By Value (USD Million), 2019–2030

Table 2 Asia Pacific Lancet and Pen Needles Market Size, By Length, By Value, 2019–2030

Table 3 Asia Pacific Lancet and Pen Needles Market Size, By Gauge, By Value, 2019–2030

Table 4 Asia Pacific Lancet and Pen Needles Market Size, By Application, By Value, 2019–2030

Table 5 Asia Pacific Lancet and Pen Needles Market Size, By Mode of Purchase, By Value, 2019–2030

Table 6 Asia Pacific Lancet and Pen Needles Market Size, By End Users, By Value, 2019–2030

Table 7 Japan Lancet and Pen Needles Market Size, By Country, By Value, 2019–2030

Table 8 China Lancet and Pen Needles Market Size, By Value (USD Million), 2019–2030

Table 9 China Lancet and Pen Needles Market Size, By Length, By Value, 2019–2030

Table 10 China Lancet and Pen Needles Market Size, By Gauge, By Value, 2019–2030

Table 11 China Lancet and Pen Needles Market Size, By Application, By Value, 2019–2030

Table 12 China Lancet and Pen Needles Market Size, By Mode of Purchase, By Value, 2019–2030

Table 13 China Lancet and Pen Needles Market Size, By End Users, By Value, 2019–2030

Table 14 China Lancet and Pen Needles Market Size, By Country, By Value, 2019–2030

Table 15 India Lancet and Pen Needles Market Size, By Value (USD Million), 2019–2030

Table 16 India Lancet and Pen Needles Market Size, By Length, By Value, 2019–2030

Table 17 India Lancet and Pen Needles Market Size, By Gauge, By Value, 2019–2030

Table 18 India Lancet and Pen Needles Market Size, By Application, By Value, 2019–2030

Table 19 India Lancet and Pen Needles Market Size, By Mode of Purchase, By Value, 2019–2030

Table 20 India Lancet and Pen Needles Market Size, By End Users, By Value, 2019–2030

Table 21 Japan Lancet and Pen Needles Market Size, By Value (USD Million), 2019–2030

Table 22 Japan Lancet and Pen Needles Market Size, By Length, By Value, 2019–2030

Table 23 Japan Lancet and Pen Needles Market Size, By Gauge, By Value, 2019–2030

Table 24 Japan Lancet and Pen Needles Market Size, By Application, By Value, 2019–2030

Table 25 Japan Lancet and Pen Needles Market Size, By Mode of Purchase, By Value, 2019–2030

Table 26 Japan Lancet and Pen Needles Market Size, By End Users, By Value, 2019–2030

Table 27 South Korea Lancet and Pen Needles Market Size, By Value (USD Million), 2019–2030

Table 28 South Korea Lancet and Pen Needles Market Share, By Length, By Value, 2019–2030

Table 29 South Korea Lancet and Pen Needles Market Share, By Gauge, By Value, 2019–2030

Table 30 South Korea Lancet and Pen Needles Market Share, By Application, By Value, 2019–2030

Table 31 South Korea Lancet and Pen Needles Market Share, By Mode of Purchase, By Value, 2019–2030

Table 32 South Korea Lancet and Pen Needles Market Share, By End Users, By Value, 2019–2030

Table 33 South Korea Lancet and Pen Needles Market Share, By Country, By Value, 2019–2030

Table 34 Australia & New Zealand Lancet and Pen Needles Market Size, By Value (USD Million), 2019–2030

Table 35 Australia & New Zealand Lancet and Pen Needles Market Size, By Length, By Value, 2019–2030

Table 36 Australia & New Zealand Lancet and Pen Needles Market Size, By Gauge, By Value, 2019–2030

Table 37 Australia & New Zealand Lancet and Pen Needles Market Size, By Application, By Value, 2019–2030

Table 38 Australia & New Zealand Lancet and Pen Needles Market Size, By Mode of Purchase, By Value, 2019–2030

Table 39 Australia & New Zealand Lancet and Pen Needles Market Size, By End Users, By Value, 2019–2030

Table 40 Indonesia Lancet and Pen Needles Market Size, By Value (USD Million), 2019–2030

Table 41 Indonesia Lancet and Pen Needles Market Size, By Length, By Value, 2019–2030

Table 42 Indonesia Lancet and Pen Needles Market Size, By Gauge, By Value, 2019–2030

Table 43 Indonesia Lancet and Pen Needles Market Size, By Application, By Value, 2019–2030

Table 44 Indonesia Lancet and Pen Needles Market Size, By Mode of Purchase, By Value, 2019–2030

Table 45 Indonesia Lancet and Pen Needles Market Size, By End Users, By Value, 2019–2030

Table 46 Malaysia Lancet and Pen Needles Market Size, By Value (USD Million), 2019–2030

Table 47 Malaysia Lancet and Pen Needles Market Size, By Length, By Value, 2019–2030

Table 48 Malaysia Lancet and Pen Needles Market Size, By Gauge, By Value, 2019–2030

Table 49 Malaysia Lancet and Pen Needles Market Size, By Application, By Value, 2019–2030

Table 50 Malaysia Lancet and Pen Needles Market Size, By Mode of Purchase, By Value, 2019–2030

Table 51 Malaysia Lancet and Pen Needles Market Size, By End Users, By Value, 2019–2030

Table 52 Singapore Lancet and Pen Needles Market Size, By Value (USD Million), 2019–2030

Table 53 Singapore Lancet and Pen Needles Market Size, By Length, By Value, 2019–2030

Table 54 Singapore Lancet and Pen Needles Market Size, By Gauge, By Value, 2019–2030

Table 55 Singapore Lancet and Pen Needles Market Size, By Application, By Value, 2019–2030

Table 56 Singapore Lancet and Pen Needles Market Size, By Mode of Purchase, By Value, 2019–2030

Table 57 Singapore Lancet and Pen Needles Market Size, By End Users, By Value, 2019–2030

Table 58 Vietnam Lancet and Pen Needles Market Size, By Value (USD Million), 2019–2030

Table 59 Vietnam Lancet and Pen Needles Market Size, By Length, By Value, 2019–2030

Table 60 Vietnam Lancet and Pen Needles Market Size, By Gauge, By Value, 2019–2030

Table 61 Vietnam Lancet and Pen Needles Market Size, By Application, By Value, 2019–2030

Table 62 Vietnam Lancet and Pen Needles Market Size, By Mode of Purchase, By Value, 2019–2030

Table 63 Vietnam Lancet and Pen Needles Market Size, By End Users, By Value, 2019–2030

Table 64 Rest of APAC Lancet and Pen Needles Market Size, By Value (USD Million), 2019–2030

Table 65 Rest of APAC Lancet and Pen Needles Market Size, By Length, By Value, 2019–2030

Table 66 Rest of APAC Lancet and Pen Needles Market Size, By Gauge, By Value, 2019–2030

Table 67 Rest of APAC Lancet and Pen Needles Market Size, By Application, By Value, 2019–2030

Table 68 Rest of APAC Lancet and Pen Needles Market Size, By Mode of Purchase, By Value, 2019–2030

Table 69 Rest of APAC Lancet and Pen Needles Market Size, By End Users, By Value, 2019–2030

Table 70 Terumo Corporation Company Overview

Table 71 Terumo Corporation Financial Overview

Table 72 BD Company Overview

Table 73 BD Financial Overview

Table 74 Novo Nordisk A/S Company Overview

Table 75 Novo Nordisk A/S Financial Overview

Table 76 B. Braun SE Company Overview

Table 77 B. Braun SE Financial Overview

Table 78 Sara Healthcare Company Overview

Table 79 Sara Healthcare Financial Overview

Table 80 JiangSu Huida Medical Instruments Co. Ltd Company Overview

Table 81 JiangSu Huida Medical Instruments Co. Ltd Financial Overview

Table 82 Nanchang Yili Medical Instrument Co. Ltd Company Overview

Table 83 Nanchang Yili Medical Instrument Co. Ltd Financial Overview

Table 84 Cardinal Health Company Overview

Table 85 Cardinal Health Financial Overview

Table 86 Phoenix Healthcare Solution LLC Company Overview

Table 87 Phoenix Healthcare Solution LLC Financial Overview

Market Segmentation

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Frequently Asked Questions (FAQs):

1. What is the current market size of Asia Pacific Lancet and Pen Needles Market?

Ans: Asia Pacific Lancet and Pen Needles Market size was estimated at USD 1,416.30 million in 2023.

2. What is the expected CAGR of Asia Pacific Lancet and Pen Needles Market during the forecast period?

Ans: Asia Pacific Lancet and Pen Needles Market size is expected to grow at a CAGR of 11.53% during the forecast period between 2024 and 2030.

3. What is the forecast value of Asia Pacific Lancet and Pen Needles Market by 2030?

Ans: Asia Pacific Lancet and Pen Needles Market size is forecast to reach a value of USD 3,040.6 million by 2030.

4. What are the major factors driving the growth of the Asia Pacific Lancet and Pen Needles Market?

Ans: Major factors driving the growth of the Asia Pacific Lancet and Pen Needles Market include rising prevalence of chronic diseases and growing geriatric population.

5. Name the fastest growing region in the Asia Pacific Lancet and Pen Needles Market during the forecast period.

Ans: India is expected to grow at the fastest rate in the Asia Pacific Lancet and Pen Needles Market during the forecast period between 2024 and 2030.

6. Which is the fastest growing mode of purchase segment in the Asia Pacific Lancet and Pen Needles Market?

Ans: The retail segment is expected to grow at the highest CAGR in the Asia Pacific Lancet and Pen Needles Market during the forecast period between 2024 and 2030.

7. Which segment accounts for the highest share in the Asia Pacific Lancet and Pen Needles Market by end user?

Ans: The hospital segment holds the highest market share in the Asia Pacific Lancet and Pen Needles Market by end user.

8. Name the key players in the Asia Pacific Lancet and Pen Needles Market.

Ans: Key players in the Asia Pacific Lancet and Pen Needles Market include Terumo Corporation, BD, Novo Nordisk A/S, B. Braun SE, Sara Healthcare, JiangSu Huida Medical Instruments Co., Ltd, Nanchang Yili Medical Instrument Co., Ltd, Cardinal Health, and Phoenix Healthcare Solution LLC.

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Asia Pacific Lancet And Pen Needles Market

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Market Segmentation

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