Increasing Incidence of Diabetes and Growing Need for POCT to Promote Demand for Lancets.DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c51087 ) has announced the addition of the Frost & Sullivan report: Global Markets for Lancets to their offering. This Frost & Sullivan research service titled Global Market for Lancets provides an overview of the global use of lancets. It also provides a complete analysis of key market drivers, restraints and trends. Finally, it provides strategic solutions to enable vendors to gain advantage in the growing market. In this research, Frost & Sullivan's expert analysts thoroughly examine the following markets: safety lancets and personal/homecare lancets Topics Covered Executive Summary - Executive Summary Industry Challenges - Identification of the Challenges Facing the Global Lancets Market Market Engineering Research for the Global Lancets Market - Market Engineering Research for the Global Lancets Market Market Engineering Strategic Recommendations - Strategic Recommendations Database of Key Industry Participants - Database of Key Industry Participants Decision Support Databases - Decision Support Databases Summary Increasing Incidence of Diabetes and Growing Need for POCT POCT Point of care testing, see there to Promote Demand for Lancets On a global level, lancets are being increasingly used by patients affected by cardiovascular and endocrine-related complications. These devices are being used for cholesterol and glucose tests glucose test See 1 Glucose, see there 2 Glucose tolerance test, see there , heelstick screening tests or phenylketonuria phenylketonuria (fĕn'əlkēt'ən  r`ēə) (PKU), inherited metabolic disorder caused by the absence of a specific enzyme (phenylalanine hydroxylase). (PKU PKU: see phenylketonuria. ) tests in newborns, as well as for severely burned or scarred emergency patients, extremely obese o·beseadj. Extremely fat; very overweight. obese characterized by obesity. obese adjective Characterized by obesity, see there; excessively fat patients and thrombotic-tendency patients. Lancets can also be used at home by patients to perform glucose-level tests with home monitoring devices, apart from other home diagnostic tests. Pesistent efforts by diabetes organisations to educate diabetic patients on the importance of the glucose self-monitoring practice have helped to advance the homecare lancet market. Meanwhile, with several hospitals and healthcare facilities converting to safety lancets, this market segment is also poised for growth. "Lancets are being increasing used at home by patients, as well as in primary care facilities such as physicians' offices and community clinics to perform glucose-level tests with monitoring devices," notes the analyst of this research service. "Moreover, primary care facilities are likely to conduct point-of-care testing point-of-care testing Lab medicine The analysis of clinical specimens as close as possible to the Pt, including bedside, ward–unit, or 'stat' regional response labs that service specified areas–eg, the ER or ICU (POCT) in the next decade as physicians take on greater responsibility for early diagnostic triage triage Division of patients for priority of care, usually into three categories: those who will not survive even with treatment; those who will survive without treatment; and those whose survival depends on treatment. , disease management and preventative medicine." With the increasing incidence of diabetes and the need for early detection, POCT diagnostics will assume greater significance. Given these factors, the global market for lancets is likely to experience continued growth. Raising Awareness Raising awareness is a common phrase advocacy groups use to justify a particular event, brochure or even the entire organization. Raising awareness refers to alerting the general public that a certain issue exists and should be approached the way the group desires. Key to Promoting Adoption of Lancets A significant challenge to the uptake of lancets in home diagnostic tests is the lack of education and awareness among medical communities. "Although the use of lancets allows for the improvement of the quality and efficiency of medical treatment, physicians are comfortable abiding by traditional methods of vein puncture puncture /punc·ture/ (-cher) the act of piercing or penetrating with a pointed object or instrument; a wound so made. cisternal puncture ," explains the analyst. "Hence, these devices require specialised training in their usage and medical communities will require a deliberate push to adopt the use of lancets as part of the diagnostic test process." The business objectives of most diagnostic kit manufacturers include maximising their profits in the diagnostic kits sector rather than in the lancet area. Thus, continued outsourcing for cheaper and higher quality lancets will be their ultimate goal to achieve price and quality competency COMPETENCY, evidence. The legal fitness or ability of a witness to be heard on the trial of a cause. This term is also applied to written or other evidence which may be legally given on such trial, as, depositions, letters, account-books, and the like. 2. . Consequently, with globalisation in the outsourcing area, lancet manufacturers are facing price pressure from participants in India, South Korea and China, where costs are low. As homecare lancets are used in a wide variety of applications, lowering the unit cost through mass production of standardised Adj. 1. standardised - brought into conformity with a standard; "standardized education" standardized standard - conforming to or constituting a standard of measurement or value; or of the usual or regularized or accepted kind; "windows of standard width"; outputs is impossible. Here, lean production or flexible manufacturing technology concepts have proved to be successful in increasing efficiency and lowering unit cost, while at the same time, enabling the company to customise its product offering. Cutting down the unit production will enable market participants The term market participant is used in United States constitutional law to describe a U.S. State which is acting as a producer or supplier of a marketable good or service. When a state is acting in such a role, it may permissibly discriminate against non-residents. to combat the challenge of intensifying price wars. For more information visit http://www.researchandmarkets.com/reports/c51087 |
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