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 TestingBy Length;
4mm, 5mm, 6mm, 8mm, 10mm and 12mmBy Gauge;
17/18G, 21G, 23G, 25G, 28G and 30GBy End User;
Hospitals & Clinics, Diagnostic Centers & Medical Institutions, Home Care & Home Diagnostics, and Research & Academic LaboratoriesBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Lancet And Pen Needles Market Overview
Lancet And Pen Needles Market (USD Million)
Lancet And Pen Needles Market was valued at USD 6,805.23 million in the year 2024. 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%.
Global Lancet And Pen Needles Market Growth, Share, Size, Trends and Forecast
*Market size in USD million
CAGR 8.4 %
Study Period | 2025 - 2031 |
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Base Year | 2024 |
CAGR (%) | 8.4 % |
Market Size (2024) | USD 6,805.23 Million |
Market Size (2031) | USD 11,968.72 Million |
Market Concentration | Medium |
Report Pages | 308 |
Major Players
- B. Braun Melsungen AG
- Terumo Corporation
- Becton Dickinson
- Sanofi
- F. Hoffmann-La Roche AG
- Bayer AG
- Novo Nordisk A S
- Eli Lilly And Company
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Global Lancet And Pen Needles Market
Fragmented - Highly competitive market without dominant players
The lancet and pen needles market is witnessing consistent growth, largely driven by the increasing burden of diabetes and chronic health conditions that necessitate regular blood sugar checks and insulin delivery. With nearly 10% of adults affected by diabetes worldwide, there is a significant demand for convenient and patient-friendly tools that support self-monitoring and home-based care. Lancets and pen needles have become essential instruments in daily disease management routines.
Shift Toward Comfort-Oriented Devices
Patient preference is clearly leaning toward minimally invasive solutions that enhance comfort and ease of use. Approximately 65% of users now favor ultra-fine, shorter needles, which offer a less painful injection experience. Manufacturers are responding by developing advanced devices with precision tips and smooth penetration technologies, helping to improve adherence and reduce needle anxiety.
Innovative Product Developments Enhancing Usability
The market is benefiting from continuous technological innovations, with around 50% of new devices incorporating features like safety mechanisms, automatic retraction, and broad compatibility with various insulin pens. These enhancements not only ensure accurate medication delivery but also improve overall user experience, especially for elderly patients and those managing long-term care at home.
Focus on Hygiene and Infection Control
Safety and hygiene standards are becoming increasingly vital in consumer choices. More than 70% of users now prioritize products with disposable, sterilized components and secure packaging to prevent contamination. Healthcare professionals are also promoting safe needle disposal practices, reinforcing the importance of infection control in chronic disease care environments.
Supportive Healthcare Policies Fueling Growth
Policy frameworks and healthcare investments are playing a pivotal role in expanding the reach of lancet and pen needle solutions. Over 60% of structured chronic care programs now incorporate self-injection and blood glucose monitoring tools as core elements. Backed by favorable reimbursement policies and increased awareness initiatives, the market is positioned for continued growth in both clinical and personal care settings.
Lancet And Pen Needles Market Recent Developments
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In February 2023, Montmed, Inc., a Canada-based medical technology firm, announced the grant of a second U.S. patent for its innovative Sitesmart Pen Needles. This milestone strengthens the company’s intellectual property portfolio and reinforces its commitment to advancing safe and precise insulin delivery solutions. The patented technology focuses on improving injection site identification and usage accuracy, which is critical for enhancing patient outcomes and minimizing complications.
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In April 2022, Embecta Corp. (US) officially completed its spin-off from Becton, Dickinson and Company, establishing itself as a globally operating, standalone diabetes care company. This strategic move enabled Embecta to focus exclusively on delivering innovative diabetes management solutions, leveraging decades of expertise in insulin delivery devices. As a pure-play diabetes care entity, the company aims to accelerate product innovation, expand its global reach, and enhance support for individuals living with diabetes. The spin-off reflects Embecta’s commitment to advancing patient-centric technologies in a rapidly evolving healthcare landscape.
Lancet And Pen Needles Market Segment Analysis
In this report, the Lancet And Pen Needles Market has been segmented by Type, Length, Gauge, End User, and Geography.
Lancet And Pen Needles Market, Segmentation by Type
The Lancet And Pen Needles Market has been segmented by Type into Insulin , Capillary Blood Sampling, Hormones , Glucose Like Peptide, and Skin Testing.
Insulin
Insulin pen needles lead the lancet and pen needles market, contributing nearly 45% to the total share. Their dominance stems from the growing global diabetic population and preference for pain-minimized, user-friendly insulin delivery systems used by both Type 1 and Type 2 diabetes patients.
Capillary Blood Sampling
Capillary blood sampling devices account for about 25% of the market. These lancets are widely used for routine glucose monitoring and point-of-care diagnostics, especially favored in home settings and by clinical laboratories for their speed and ease.
Hormones
Hormones administration applications represent around 12% of the market, driven by increased use of injectable hormone therapies such as HGH. Pen needles allow for precise dosing and greater patient comfort, making them a preferred choice in long-term treatments.
Glucose-Like Peptide
Glucose-like peptide use accounts for nearly 10% of the market. These therapies are critical in managing Type 2 diabetes, and pen needles ensure accurate delivery and improved adherence due to self-injection convenience.
Skin Testing
Skin testing occupies approximately 8% of the market. Lancets are essential in performing allergy tests and tuberculosis screenings, especially in diagnostic centers and clinical settings, where quick and reliable skin puncture is required.
Lancet And Pen Needles Market, Segmentation by Length
The Lancet And Pen Needles Market has been segmented by Length into 4mm, 5mm, 6mm, 8mm, 10mm and 12mm.
4mm
The 4mm pen needles segment is growing rapidly, representing approximately 25% of the total market share. These short needles are particularly suitable for children and smaller adults. Their minimal penetration depth ensures comfort and reduces the risk of intramuscular injection.
5mm
The 5mm pen needles account for about 30% of the market. This size offers the best compromise between needle length and patient comfort, making it a top choice for insulin delivery in most adult patients, especially those with an average body composition.
6mm
The 6mm needle segment holds around 20% of the market. Often the preferred choice for subcutaneous injections, this size ensures accurate delivery and minimal discomfort, making it the most common needle length for insulin pens worldwide.
8mm
The 8mm pen needles segment captures roughly 15% of the market share. This length is favored by patients with a higher BMI who require deeper injection depth, ensuring that the needle reaches the appropriate tissue layer for optimal insulin absorption.
10mm
The 10mm segment comprises about 5% of the total market. These needles are typically used in specialized cases, providing deeper penetration for patients who need higher doses or more intensive treatments.
12mm
The 12mm needle segment is the smallest in the market, making up only 5% of the market share. These long needles are generally used for medical procedures that require deeper injections, although they are less common due to their increased discomfort.
Lancet And Pen Needles Market, Segmentation by Gauge
The Lancet And Pen Needles Market has been segmented by Gauge into 17/18G, 21G, 23G, 25G, 28G and 30G.
17/18G
The 17/18G gauge needles are primarily used for blood sampling and infusion therapies, holding around 5% of the total market share. These needles are thicker, allowing for faster fluid flow but are typically less common due to the discomfort they may cause during injection.
21G
The 21G gauge needles represent about 10% of the market. They are widely used for blood draws and subcutaneous injections, offering a balance between flow rate and patient comfort. This size is often preferred in clinical settings for various medical applications.
23G
The 23G gauge needles account for around 15% of the total market. This needle size is used for a variety of purposes, including insulin injections and biological sampling, providing adequate flow and reduced pain compared to thicker needles.
25G
The 25G segment holds approximately 30% of the market share. It is one of the most popular sizes for subcutaneous injections due to its optimal balance of patient comfort and flow rate, particularly for insulin delivery in diabetic patients.
28G
The 28G gauge needles make up about 25% of the market. This size is preferred for insulin pen devices, offering less pain during injection and is often the go-to choice for people with diabetes requiring regular injections.
30G
The 30G needles are the smallest in the market, holding around 15% of the total market share. These ultra-fine needles are used for more delicate injections, such as insulin delivery in pediatric and geriatric populations, where comfort is a priority.
Lancet And Pen Needles Market, Segmentation by End User
The Lancet And Pen Needles Market has been segmented by End User into Hospitals & Clinics, Diagnostic Centers & Medical Institutions, Home Care & Home Diagnostics, and Research & Academic Laboratories.
Hospitals & Clinics
The Hospitals & Clinics segment holds a substantial share of the market, accounting for approximately 40%. These settings remain the dominant consumers of lancet and pen needles, given the high volume of patients requiring regular injections, including insulin therapy, and blood sampling procedures.
Diagnostic Centers & Medical Institutions
The Diagnostic Centers & Medical Institutions segment represents around 25% of the global market. This segment includes centers where diagnostic tests such as blood glucose levels and other medical assessments are regularly conducted, requiring the use of lancet needles for accurate sampling.
Home Care & Home Diagnostics
The Home Care & Home Diagnostics market is growing rapidly, holding around 20% of the total market share. This growth is driven by an increasing preference for self-monitoring and home-based care, where patients use pen needles for insulin injections and other treatments in the comfort of their homes.
Research & Academic Laboratories
The Research & Academic Laboratories segment accounts for 15% of the market. In this sector, lancet and pen needles are widely used for experimental studies, clinical trials, and scientific research. Their primary role is in precise blood collection and testing.
Lancet And Pen Needles Market, Segmentation by Geography
In this report, the Lancet And Pen Needles Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Regions and Countries Analyzed in this Report
Lancet And Pen Needles Market Share (%), by Geographical Region, 2024
North America
North America is one of the dominant regions in the Lancet and Pen Needles Market, accounting for approximately 40% of the market share. The high demand for advanced healthcare solutions, the prevalence of chronic diseases like diabetes, and the increasing adoption of home diagnostics contribute to the region’s leadership in the market.
Europe
Europe holds a significant market share of around 30% in the Lancet and Pen Needles Market. Factors such as the rising elderly population, growing awareness regarding diabetes management, and increasing healthcare investments drive the demand for lancet needles and pen needles in this region.
Asia Pacific
The Asia Pacific region is experiencing rapid market growth, contributing approximately 15% to the Lancet and Pen Needles Market. With the increasing number of diabetic patients and the growing healthcare infrastructure, the demand for lancet needles and pen needles is expected to rise significantly in countries like China and India.
Middle East & Africa
The Middle East & Africa region holds a smaller but steady market share of 10%. The rising prevalence of diabetes and the increasing adoption of home care solutions are key factors contributing to the growth of the Lancet and Pen Needles Market in this region, especially in countries with improving healthcare systems like the UAE and Saudi Arabia. Latin America
Latin America represents approximately 5% of the global market share. The growing demand for affordable healthcare solutions and diabetes management initiatives are driving the adoption of lancet needles and pen needles in this region, with countries like Brazil and Mexico leading the market.
Lancet And Pen Needles Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Lancet And Pen Needles Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces—Drivers, Restraints, and Opportunities—affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
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Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers:
- Rising prevalence of diabetes worldwide
- Increasing demand for self-monitoring devices
- Technological advancements in needle safety features
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Growing elderly population requiring insulin delivery - The global demand for lancet and pen needles is being significantly driven by the growing elderly population, particularly due to the increasing incidence of chronic conditions like Type 2 diabetes. Aging individuals are more susceptible to metabolic disorders, which necessitate continuous glucose monitoring and insulin administration. This demographic shift has led to a higher dependency on user-friendly, efficient tools such as pen needles and lancets to manage diabetes comfortably and safely at home.
With advancing age, many individuals face challenges like reduced dexterity, poor eyesight, and mobility issues, which make traditional insulin delivery and monitoring methods cumbersome. Modern pen needles and lancets offer simpler, safer, and less painful options, catering specifically to the elderly. These devices are often designed with finer gauge needles, ergonomic grips, and safety features to minimize discomfort and reduce the risk of infection, making them ideal for aging users.
The increasing prevalence of complications associated with diabetes in older adults also drives the need for more frequent blood glucose monitoring and insulin therapy. This in turn leads to higher consumption rates of lancets and pen needles, thereby boosting market demand. To address these requirements, manufacturers are consistently innovating, producing more advanced devices that enhance patient compliance and reduce the anxiety associated with frequent injections.
Healthcare systems in many countries are improving access to diabetic care for older populations through subsidies, insurance coverage, and public health initiatives. These policies help reduce the financial burden and encourage regular monitoring and treatment. As the elderly demographic continues to expand globally, the market for lancet and pen needle products is expected to grow steadily, supported by ongoing advancements and a strong focus on elderly-friendly healthcare solutions.
Restraints:
- High cost of advanced needle systems
- Risk of needle-stick injuries and infections
- Limited access in underdeveloped healthcare settings
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Environmental concerns over single-use products - The lancet and pen needles market faces growing environmental concerns due to the widespread use of single-use medical devices. These products, designed for one-time use, are major contributors to plastic waste, which has become a significant issue worldwide. The disposal of lancets and pen needles often results in environmental harm, as they typically end up in landfills or contribute to ocean pollution. The accumulation of non-biodegradable plastics raises concerns about long-term ecological consequences, especially when these plastics are consumed by wildlife, leading to serious health risks and damage to ecosystems.
As awareness of environmental damage increases, there is rising pressure from governments, NGOs, and consumers to reduce reliance on disposable medical products. The sheer volume of waste generated by single-use lancets and pen needles places a strain on waste management systems, which are already overwhelmed. The problem is not only the amount of waste produced but also the materials used in manufacturing these devices. With a global shift towards more sustainable practices, there is growing demand for eco-friendly alternatives, including biodegradable or reusable needles.
In response to these environmental challenges, some manufacturers are working on developing reusable lancet devices or creating needles made from biodegradable or recyclable materials. However, these alternatives face challenges related to cost, practicality, and safety. Reusable lancets require strict sterilization protocols to ensure patient safety, which could increase healthcare costs and complicate the logistics of their use. Despite these challenges, the convenience and cost-effectiveness of single-use devices continue to make them the preferred choice in clinical settings, where time efficiency and hygiene are critical.
Opportunities:
- Development of eco-friendly needle alternatives
- Expansion of home healthcare services
- Emerging markets adopting self-injection devices
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Innovations in painless needle technologies - The lancet and pen needles market is embracing numerous opportunities fueled by innovations in painless needle technologies. One of the most promising advancements is the development of needleless injection systems, which eliminate the need for traditional needles. These systems utilize high-pressure jets to deliver medications through the skin without the need for piercing, providing a completely painless alternative to conventional injections. As these technologies evolve, they hold the potential to transform the management of chronic conditions like diabetes, allowing patients to receive treatment without the discomfort and fear often linked to needle use.
Innovations in the design of traditional lancets and pen needles are making injections significantly less painful. The incorporation of ultra-fine needles and specialized coatings that reduce friction are some of the key changes enhancing patient comfort. These advancements allow for a more gentle and less invasive experience, which is particularly valuable for individuals who require frequent blood tests or insulin injections. As a result, these improvements have the potential to increase patient compliance, as they make injections much more tolerable.
Another area of progress is the development of self-injection devices that utilize cutting-edge technologies to enhance both ease of use and pain reduction. Some of these devices feature automatic insertion mechanisms that control the speed and depth of the needle, ensuring that injections are precise and as painless as possible. Such innovations not only improve the comfort of patients but also promote greater independence for individuals needing regular injections. As demand grows for easier and more comfortable injection methods, the market for lancets and pen needles is expected to expand, particularly in regions with high numbers of people living with diabetes and other conditions requiring frequent injections.
Lancet And Pen Needles Market Competitive Landscape Analysis
Key players in Lancet And Pen Needles Market include:
- Terumo Corporation
- Beacon Dickinson
- Sanofi
- F. Hoffmann-LaRoche
- Bayer A.G.
- Novo Nordisk A.S.
- Eli Lily and Company
- Owen Mumford LTD
- Medtronic
- Greiner Bio-one
- Abbott Laboratories
- HTL-Strefa SA
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Market Share Analysis
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Length
- Market Snapshot, By Gauge
- Market Snapshot, By End User
- Market Snapshot, By Region
- Lancet And Pen Needles Market Dynamics
- Drivers, Restraints and OpportunitiesPEST Analysis
- Drivers
- Rising prevalence of diabetes worldwide
- Increasing demand for self-monitoring devices
- Technological advancements in needle safety features
- Growing elderly population requiring insulin delivery
- Restraints
- High cost of advanced needle systems
- Risk of needle-stick injuries and infections
- Limited access in underdeveloped healthcare settings
- Environmental concerns over single-use products
- Opportunities
- Development of eco-friendly needle alternatives
- Expansion of home healthcare services
- Emerging markets adopting self-injection devices
- Innovations in painless needle technologies
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and OpportunitiesPEST Analysis
- Market Segmentation
- Lancet And Pen Needles Market, By Type, 2021 - 2031 (USD Million)
- Insulin
- Capillary Blood Sampling
- Hormones
- Glucose Like Peptide
- Skin Testing
- Lancet And Pen Needles Market, By Length, 2021 - 2031 (USD Million)
- 4mm
- 5mm
- 6mm
- 8mm
- 10mm
- 12mm
- Lancet And Pen Needles Market, By Gauge, 2021 - 2031 (USD Million)
- 17/18G
- 21G
- 23G
- 25G
- 28G
- 30G
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Lancet And Pen Needles Market, By End User, 2021 - 2031 (USD Million)
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Hospitals & Clinics
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Diagnostic Centers & Medical Institutions
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Home Care & Home Diagnostics
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Research & Academic Laboratories
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- Lancet And Pen Needles Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Lancet And Pen Needles Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Terumo Corporation
- Beacon Dickinson
- Sanofi
- F. Hoffmann-LaRoche
- Bayer A.G.
- Novo Nordisk A.S.
- Eli Lily and Company
- Owen Mumford LTD
- Medtronic
- Greiner Bio-one
- Abbott Laboratories
- HTL-Strefa SA
- Company Profiles
- Analyst Views
- Future Outlook of the Market