Lancets Market Size, Study, By Product, Application, And Forecast To 2028

June 6, 2023 ⚊ 1 Min read ⚊ Views 51 ⚊ BUSINESS

The Lancets Market is projected to reach USD 3.6 Billion by 2028 from USD 2.3 Billion in 2023, at a CAGR of 9.7% during the forecast period. Growth in the lancets market is mainly driven by the growing prevalence of diabetes, the high prevalence of chronic diseases and the rising geriatric population. However, the risk of lancet-related needlestick injuries, the reuse of lancets, and Pricing pressure owing to reimbursement cuts and budget constraints are restricting the growth of this market.

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