US Lancet Pen Needles Market

ID: MRFR/MED/11797-HCR

100 Pages

MRFR Team

October 2025

United States Lancet Pen Needles Market Research Report to 2032

US Lancet Pen Needles Market Infographic

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Summary Download PDF

1. Market Overview

2. Market Trends

3. Market Segment Insights

4. Key Players and Competitive Insights

5. Industry Developments

6. Market Segmentation

7. Report Scope

8. Market Highlights

9. FAQs

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US Lancet Pen Needles Market Summary

The US Lancet Pen Needles market is projected to grow from 1500 USD Million in 2024 to 2500 USD Million by 2035.

Key Market Trends & Highlights

US Lancet Pen Needles Key Trends and Highlights

The market is expected to experience a compound annual growth rate (CAGR) of 4.75 percent from 2025 to 2035.
By the end of 2035, the market valuation is anticipated to reach 2500 USD Million, indicating robust growth.
In 2024, the market is valued at 1500 USD Million, reflecting a solid foundation for future expansion.
Growing adoption of advanced diabetes management technologies due to increasing prevalence of diabetes is a major market driver.

US Lancet Pen Needles Market

CAGR

4.75%

Market Size & Forecast

2024 Market Size	1500 (USD Million)
2035 Market Size	2500 (USD Million)
CAGR (2025 - 2035)	4.75%

Major Players

Apple Inc (US), Microsoft Corp (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Meta Platforms Inc (US), Tesla Inc (US), Johnson & Johnson (US), Visa Inc (US), Procter & Gamble Co (US)

Key Companies in the US Lancet Pen Needles Market market include

Report Scope

Report Attribute/Metric	Details
Market Size	5193.27 Million
CAGR	12.10%
Base Year	2021
Forecast Period	2022-2030
Historical Data	2020
Forecast Units	Value (USD Million)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	Types, End-users
Geographies Covered	North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Key Vendors	F. Hoffmann-La Roche AG, Becton, Dickinson and Company, Terumo Medical Corporation, Bayer AG, HTL-STREFA S.A., Sarstedt AG & Co., Improve Medical Technology Co. Ltd, others
Key Market Opportunities	The regulatory scenario is likely to put positive impacts on the global blood lancet market growth
Key Market Drivers	· Rising prevalence of infectious diseases and different chronic diseases · Improved medical device regulations · Rising preference towards home healthcare · The rising prevalence of diabetes

FAQs

What is the expected market size of the US Lancet Pen Needles Market in 2024?

The US Lancet Pen Needles Market is expected to be valued at 791.35 million USD in 2024.

What is the projected market size by 2035 for the US Lancet Pen Needles Market?

By 2035, the market is projected to reach a value of 1,921.0 million USD.

What is the expected CAGR for the US Lancet Pen Needles Market from 2025 to 2035?

The market is anticipated to experience a CAGR of 8.396 percent from 2025 to 2035.

Which sub-segment of the US Lancet Pen Needles Market is expected to hold the largest market share in 2024?

Regular Lancets are expected to hold the largest market share, valued at 250.0 million USD in 2024.

What will be the market value of Safety Needles by 2035?

The market value for Safety Needles is projected to be 471.0 million USD by 2035.

Who are the key players in the US Lancet Pen Needles Market?

Major players in the market include Smiths Medical, Becton Dickinson and Company, and Terumo Corporation among others.

What trends are driving the growth of the US Lancet Pen Needles Market?

Emerging trends include technological advancements in safety features and increasing prevalence of diabetes, fueling market growth.

How is the competitive landscape structured in the US Lancet Pen Needles Market?

The competitive landscape is characterized by numerous established companies focusing on innovation and market expansion.

What is the market size for Standard Needles in 2024?

The market size for Standard Needles is expected to be valued at 180.0 million USD in 2024.

What are some challenges faced by the US Lancet Pen Needles Market?

Challenges include regulatory hurdles and managing the rising costs of raw materials affecting the market dynamics.

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