| Product Code: ETC11721678 | Publication Date: Apr 2025 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The India diabetic lancing devices market import shipments displayed a robust growth trend from 2020 to 2024, with a notable CAGR of 8.8%. The market witnessed a significant acceleration in growth between 2023 and 2024, with a remarkable growth rate of 251.9%. The market clearly expanded with strong momentum over the period, indicating a thriving market for these devices in India.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Diabetic Lancing Devices Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Diabetic Lancing Devices Market Revenues & Volume, 2021 & 2031F |
3.3 India Diabetic Lancing Devices Market - Industry Life Cycle |
3.4 India Diabetic Lancing Devices Market - Porter's Five Forces |
3.5 India Diabetic Lancing Devices Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Diabetic Lancing Devices Market Revenues & Volume Share, By Gauge Type, 2021 & 2031F |
3.7 India Diabetic Lancing Devices Market Revenues & Volume Share, By Penetration Depth, 2021 & 2031F |
3.8 India Diabetic Lancing Devices Market Revenues & Volume Share, By End use, 2021 & 2031F |
4 India Diabetic Lancing Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of diabetes in India |
4.2.2 Growing awareness about diabetes management and monitoring |
4.2.3 Technological advancements in diabetic lancing devices |
4.3 Market Restraints |
4.3.1 High cost associated with diabetic lancing devices |
4.3.2 Limited access to healthcare facilities in rural areas |
4.3.3 Lack of reimbursement policies for diabetic care products |
5 India Diabetic Lancing Devices Market Trends |
6 India Diabetic Lancing Devices Market, By Types |
6.1 India Diabetic Lancing Devices Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Diabetic Lancing Devices Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 India Diabetic Lancing Devices Market Revenues & Volume, By Standard Lancets, 2021 - 2031F |
6.1.4 India Diabetic Lancing Devices Market Revenues & Volume, By Safety Lancets, 2021 - 2031F |
6.1.5 India Diabetic Lancing Devices Market Revenues & Volume, By Flake Lancets, 2021 - 2031F |
6.1.6 India Diabetic Lancing Devices Market Revenues & Volume, By Fixed Depth Lancet, 2021 - 2031F |
6.1.7 India Diabetic Lancing Devices Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 India Diabetic Lancing Devices Market, By Gauge Type |
6.2.1 Overview and Analysis |
6.2.2 India Diabetic Lancing Devices Market Revenues & Volume, By 17/18g, 2021 - 2031F |
6.2.3 India Diabetic Lancing Devices Market Revenues & Volume, By 21g, 2021 - 2031F |
6.2.4 India Diabetic Lancing Devices Market Revenues & Volume, By 23g, 2021 - 2031F |
6.2.5 India Diabetic Lancing Devices Market Revenues & Volume, By 25g, 2021 - 2031F |
6.2.6 India Diabetic Lancing Devices Market Revenues & Volume, By 28g, 2021 - 2031F |
6.2.7 India Diabetic Lancing Devices Market Revenues & Volume, By 30g, 2021 - 2029F |
6.3 India Diabetic Lancing Devices Market, By Penetration Depth |
6.3.1 Overview and Analysis |
6.3.2 India Diabetic Lancing Devices Market Revenues & Volume, By 8 mm to 1.0 mm, 2021 - 2031F |
6.3.3 India Diabetic Lancing Devices Market Revenues & Volume, By 1.1 mm to 1.5 mm, 2021 - 2031F |
6.3.4 India Diabetic Lancing Devices Market Revenues & Volume, By 1.6 mm to 2.0 mm, 2021 - 2031F |
6.3.5 India Diabetic Lancing Devices Market Revenues & Volume, By 2.1 mm to 2.5 mm, 2021 - 2031F |
6.3.6 India Diabetic Lancing Devices Market Revenues & Volume, By 2.5 mm to 3.0 mm, 2021 - 2031F |
6.3.7 India Diabetic Lancing Devices Market Revenues & Volume, By Others, 2021 - 2029F |
6.4 India Diabetic Lancing Devices Market, By End use |
6.4.1 Overview and Analysis |
6.4.2 India Diabetic Lancing Devices Market Revenues & Volume, By Research and Development, 2021 - 2031F |
6.4.3 India Diabetic Lancing Devices Market Revenues & Volume, By Hospitals, 2021 - 2031F |
6.4.4 India Diabetic Lancing Devices Market Revenues & Volume, By Clinics, 2021 - 2031F |
6.4.5 India Diabetic Lancing Devices Market Revenues & Volume, By Home Care and Home Diagnostics, 2021 - 2031F |
6.4.6 India Diabetic Lancing Devices Market Revenues & Volume, By Diagnostic Centres and Medical Institutions, 2021 - 2031F |
7 India Diabetic Lancing Devices Market Import-Export Trade Statistics |
7.1 India Diabetic Lancing Devices Market Export to Major Countries |
7.2 India Diabetic Lancing Devices Market Imports from Major Countries |
8 India Diabetic Lancing Devices Market Key Performance Indicators |
8.1 Adoption rate of diabetic lancing devices |
8.2 Average number of blood glucose tests conducted per patient |
8.3 Rate of new product launches in the diabetic lancing devices market |
9 India Diabetic Lancing Devices Market - Opportunity Assessment |
9.1 India Diabetic Lancing Devices Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Diabetic Lancing Devices Market Opportunity Assessment, By Gauge Type, 2021 & 2031F |
9.3 India Diabetic Lancing Devices Market Opportunity Assessment, By Penetration Depth, 2021 & 2031F |
9.4 India Diabetic Lancing Devices Market Opportunity Assessment, By End use, 2021 & 2031F |
10 India Diabetic Lancing Devices Market - Competitive Landscape |
10.1 India Diabetic Lancing Devices Market Revenue Share, By Companies, 2024 |
10.2 India Diabetic Lancing Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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