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Building an Effective Remote Patient Monitoring Strategy

With the rising demand for healthcare services especially due to the growing incidence of chronic diseases among the aging population, there is unprecedented stress on primary care. Furthermore, the low nurse to patient ratio in hospitals as well as clinical setup are increasing strain on emergency care centers and assisted living centers. To tackle similar challenges, healthcare systems are considering to radically transform service delivery through remote patient monitoring services.

Remote patient monitoring (RPM), a technology that allows patients to be monitored outside traditional clinical settings, was relatively slow to be adopted by healthcare providers. A variety of technological and financial factors hindered the early adoption of remote patient monitoring systems. However, over the years, the remote patient monitoring market saw an increase in the number of patients being monitored remotely and the trend is expected to continue over the next decade as well. Whether your healthcare organization was an early adopter of RPM technology or you are just getting into the game, there remains a number of basic factors that must be considered to ensure your RPM efforts are financially and clinically successful. Based on our expertise in helping several remote patient monitoring service providers tackle key challenges, below are some key points to consider.

While implementing advanced healthcare technologies in your organization, it’s easy to overlook some key gaps in implementation. RFP to consult an expert from Infiniti Research and learn how we can help you with a flawless technology implementation strategy to suit your business needs.

remote patient monitoring

Remote patient monitoring in today’s healthcare scenario

Today, with pay-for-performance becoming mainstream, remote patient monitoring has now become imperative for providers of all kinds. However, this wasn’t the case a decade or two ago. But with the multitude of benefits that RPM brings with it including aiding better clinical outcomes, controlling healthcare costs, reducing admissions and readmissions, and improving overall access to healthcare are some of the main reasons why healthcare providers are increasingly making RPM devices available to their patients. In some cases, remote patient monitoring is used as a condition of long-term treatment, especially for those with chronic diseases.

Execution is more important than the technology

Remote patient monitoring services undoubtedly provide a host of benefits for healthcare providers and patients with chronic illness. But it is essential for healthcare providers to not get carried away by these lucrative advantages. Firstly, it must be ensured the organization is equipped with the necessary infrastructure, personnel, and work processes that are required to provide scalable RPM implementation that can exceed performance expectations. Prematurely rolling out remote patient monitoring strategies and initiatives can result in failure due to faltered back-end execution. This could in turn also hamper the organization’s reputation.

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Conduct early due diligence

Leveraging the ample amount of available data and input on remote patient monitoring tools is more feasible than using pilot projects. As modern patients expect turnkey solutions from healthcare providers, organizations cannot expect patients to wait until they resolve the gaps in these pilot projects. A greater degree of patient and staff satisfaction can be ensured by rigorously conducting due diligence at the early stages, and ensuring that the remote patient monitoring system can be rolled out successfully.

Consider RPM as a cost containment strategy

A healthcare organization’s remote patient monitoring strategy should not ideally be dictated by an RPM vendor or be based on the deals on RPM technology. In order to be able to clearly visualize the merits and demerits of remote patient monitoring technologies, providers could consider the benefits of working with a healthcare consulting firm that is well-versed in this and can help in strategic allocation and implementation of the technology.

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Future of healthcare

4 Factors Shaping the Future of Healthcare

The healthcare industry has experienced a myriad of changes ranging from public legislation to technological development over the past couple of years. With the increasing population and the rising need for enhanced healthcare services, we can expect the future of healthcare to be dominated by technological advancements to ensure the efficiency of both patient care and processes in healthcare organizations. In this blog, healthcare industry experts at Infiniti Research unveil factors that play a key role in shaping the future of healthcare.

The global health care industry doesn’t show any signs of slowing down in 2019. RFP to know what the future of healthcare would look like and learn how our experts can help you build strategies to survive the rapid changes in this sector.

Factors shaping the future of healthcare

Future of healthcareCosts

There is an increased demand for healthcare services in the US. Experts predict that consumer spending on healthcare is expected to rise exponentially over the next decade. However, the healthcare costs are also expected to see a rise in the future of healthcare industry. The lack of transparency in pricing in U.S. healthcare organization will add on to this challenge.

Aging population

According to recent reports, a quarter of the US population consists of baby boomers. This generation is estimated to have a greater life expectancy than any of the previous generations. This means that there will be an increasing need for continued medical care for this population in the future of healthcare. Furthermore, the rising population will spur the need for healthcare services. This means that healthcare talent management professionals will continue to battle head-to-head with their peers. Furthermore, the biggest growth areas for employment in the future of healthcare will be home health aides, geriatric nurses, physical therapists, and similar jobs.

If healthcare providers can transform their organizations to foresee future challenges and plan strategies to overcome them, they are one step closer to success in the long run. Get in touch with our healthcare industry experts to know how we help clients to keep a closer watch on their target markets.

Healthcare consumerism

One of the biggest trends in healthcare right now is consumerism, and this trend is expected to play a dominant role even in the future of healthcare. Patients now have gradually started to believe that proactivity on their part is critical to ensuring high quality care and better outcomes.  As a result, patients are now taking active participation in their care experience and are even more empowered to choose their care plans. Furthermore, decreasing levels of direct contact with medical professionals are becoming common, and in the future of healthcare, patients will be able to order refills, schedule appointments, and consult with their primary care physicians with the use of online patient portals.

Drugstore clinics

There is an increase in the prevalence of healthcare clinics across the US, and this growth is expected to continue through the future of healthcare. These establishments provide a wide range of services including treating sprains and shingles, administering pregnancy tests, doing diabetes monitoring, and much more. This will be a direct competitive threat for the healthcare organizations in the near future.

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Enhancing Sales Rate by 33% for a Company in the Medical Device Industry | Infiniti’s Latest Success Story on Competitive Intelligence Solution

Competitive Intelligence Engagement for the Medical Device Industry

Although the medical device industry has experienced unprecedented growth over the past few years, the constantly evolving regulations, healthcare dynamism, and changes in global healthcare market are bringing up huge challenges for companies operating in this sector. Owing to such challenges, medical device companies are finding it difficult to compete with other major players in the market. Therefore, companies are approaching firms like Infiniti Research to leverage their expertise in offering competitive intelligence solution to gain detailed insights into their competitors and devise strategies to gain a leading edge in the market.

Are you facing difficulties in gaining a competitive edge over other companies in your industry? If yes, our experts can help you identify where your company is lagging compared with your competitors. Request a FREE proposal today!

Business Challenge

The client is a medical device company based out of Central Europe. The company is well-known for manufacturing a wide range of healthcare devices. The client was losing ground to their competitors due to their inability to adapt to the latest market changes and demands. With this, the company faced a huge decline in their market position and this subsequently affected their sales rate. The client, therefore, approached Infiniti Research to leverage their expertise in offering competitive intelligence solution. With Infiniti’s competitive intelligence solution, they wanted to understand their competitors’ business strategies and needed to adapt faster to their initiatives.

With Infiniti’s competitive intelligence solution, the company in the medical device industry also wanted to:

  • Keep track of their key competitors’ and change their business strategies accordingly
  • Understand their competitors’ pricing strategies, product portfolio, and marketing activities
  • Minimize vulnerability to market risk and enhance performance

Solutions Offered and Value Delivered

The experts at Infiniti Research followed a three-phased approach to competitive intelligence. The initial phase involved conducting a thorough analysis of the European medical device industry. In the second phase of the engagement, the experts filtered out top medical device companies in Europe based on factors such as market share, market position, average sales rate per year, and profits. The third phase of the engagement involved comparing the performance of the client with these top medical device companies.

The insights obtained from Infiniti’s competitive intelligence solution helped the client to understand the initiatives and marketing approaches adopted by their competitors. Furthermore, by comparing the client’s business performance with the top competitors, the experts helped the client to understand their shortcomings and strengths in the market. This helped the company in the medical device industry to understand customers’ requirements regarding medical devices. This further helped them make changes in their product developments and marketing initiatives.

Furthermore, by identifying their strengths compared with other companies, they were able to utilize them to maximum advantage to boost profitability. With Infiniti’s competitive intelligence solution, the company in the medical device industry was able to surpass the competition in the European medical device industry. This helped them enhance their sales rate by 33%.

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Still wondering how our competitive intelligence solution can help companies in the medical device industry to identify competitors’ initiatives and develop intelligent business strategies to gain a competitive edge in the market? CONTACT US today!

Top trends that will shape the medical device industry in 2019

Top trends that will shape the medical device industry in 2019

Request more information to gain more insights into our services for the medical device industry.

Want to gain more insights into the future of medical device industry? Read the article below.

Future of Medical Devices – Technological Advances in Healthcare

The Medical Device Industry is Revamping Itself: Here’s Why!

The medical device industry is embarking on a new phase of change. In this blog, our industry experts discuss some of the key factors influencing transition in this sector.

The expectations of stakeholders in the medical device industry are changing over time. Patients expect superior service and care models, physicians require data from multiple sources to be brought together in one place, and payors seek lighter financial burdens and better real-world outcomes. Such mounting pressure is urging companies in the medical device industry to revamp their offerings and stand out in today’s increasingly crowded market.

The rapid technological growth rate in the medical device industry is undoubtedly the backbone of this sector. But not long ago, the industry was wrestling several challenges and struggling to implement and adopt advanced technologies. Some of the impediments leading up to this included the paucity of talent, incomprehensible technical complexities, constantly changing regulations, and limited leadership mind-share. In fact, just a decade ago, the integration of new and advanced technologies in the medical device industry was far behind when compared to other industries such as Telecom, Retail, and Automotive. The reality still remains that companies in the medical device industry still lag in tapping into customer and business model-led opportunities and adopting advanced technologies such as IoT, big data, artificial intelligence, augmented reality, and robotics. With only a handful of key players in this sector building sizeable businesses by leveraging the available opportunities and the upsurging competition from non-traditional players such as start-ups, players in the medical device industry are in the dire need to revamp their strategies.

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Change in customer expectations

Earlier, the delivery of digital healthcare had limited reach, was of low quality, and highly expensive. However, modern healthcare consumers are tech-savvy and expect the digital intervention to transform their healthcare experience. This shift in consumer behavior has elevated the focus on patient-centric health care and has become a major driver for the adoption of advanced technologies among OEMs. Players in the medical device industry are focusing on personalized healthcare solutions and devices to gain a bigger slice of the market.Get More Info

Shift in business models

The modern day medical device industry is going through a tectonic shift in business models. The increased connectivity between devices, physicians, and consumers are inflating the demand for high quality, personalized, and patient-centric care. Today, the volume-based fee-for-service models in the medical device industry are shifting to new incentive models that focus on value-based metrics. Though traditionally the OEMs have been able to compete with conventional business models without much differentiation, a long-term strategy would necessitate OEMs to create innovative and sustainable business models that will result in efficient healthcare delivery, reduced costs, and improved medical outcomes.

There is a colossal amount of patient and healthcare data being generated each day. This spawns fundamental questions about patient privacy and safety. Albeit the incrementally, regulatory authorities are still evaluating out the implications of new technologies on patient security and care. In reality, apart from becoming heavy on the pockets for healthcare companies, data breaches also give rise to serious concerns regarding patient safety. Therefore, the need to strike a balance between advancements and protecting patient security and safety is, therefore, paramount.


Know more about Infiniti’s market intelligence solutions for the medical device industry and how our solutions can help businesses in proactive decision-making.

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What’s in Store for the Medical Device Market in 2018?

The healthcare industry is witnessing a radical shift in its operational mode due to technological advancements and evolution of various partnerships and relationship models. The growth of the medical device market is fueled by the aging population along with rising disposable income, which is compelling people to opt for better healthcare standards. Additionally, technological advancements are forcing players in the medical device market to emphasize on innovation. Today, hospitals are filled with medical devices that are used to perform minimally invasive surgeries, as they have a better outcome and faster healing rate than traditional measures. Companies such as Johnson & Johnson, GE Healthcare, Medtronic, Baxter, and Siemens are dominating this market and are making billions of IR_Brochuredollars in revenue for themselves by harboring constant innovations. So, what does the year 2018 hold for the medical device market?

Unique Device Identification (UDI)

The FDA has given a deadline that requires all medical device manufacturers to identify medical devices through their distribution and use adequately. In a bid to meet the FDA guidelines, manufacturers have placed a label to include unique device identifier in both human and machine-readable form. The identifier can provide detailed information on the medical device, including batch number, serial number, expiration date, manufacturing date, product version, and a distinct identification code for a human cell, tissue, or cellular and tissue-based product. Also, barcode, ERP, EDI, EHR, and RFID technologies are increasingly used to facilitate UDI.

3D printing

In previous years, 3D printing capabilities weren’t that advanced to be used widely in the medical device market. This year, the scenario looks entirely different, as wider applications of 3D printing and advancements in technology has transformed the ways medical devices are manufactured. Today, we have a 3D printer that can print implants and prostheses as per the need of the individuals. It also allows for samples to be printed much faster to hasten the process of regulatory approvals.

Going digital

In 2016, the FDA released the Digital Health Innovation Plan to make headway in the pursuit of digital health. The FDA plans to streamline regulation for mobile technologies with an aim to empower consumers, connect healthcare providers, and address public health crises. Technology giants like Apple and Google have been quick to put their foot on this revolution. Apple is still trying to overtake the fragmented medical applications market with platforms such as ResearchKit and CareKit. The most notable innovation comes in the form of an app to diagnose Parkinson’s disease. Similarly, Google is also aiming to transform the healthcare sector with DeepMind AI solutions.

Focus on security issues

The FDA’s push to pursue the world of digitally-connected medical devices will benefit physicians, medical personnel, and caretakers by providing unparalleled access to a patient and provide better care. Although such steps help the patients and healthcare providers significantly, it poses new security issues in the medical device market. Not only patient-related data but each and every activity of theirs can be monitored from wearable devices. As a result, medical device manufacturers are looking at their security infrastructure and tackling such issues as more and more data is being moved to the cloud.

Shift towards value-based reimbursement model

Historically, players in the medical device market weren’t worried about the effects of health insurance reimbursement paradigms. However, recently, that focus is rapidly shifting, as more and more OEM’s are redesigning their product lines to achieve better medical outcomes. The value-based reimbursement model is looking more likely to replace the fee-for-service model completely. This implies that the doctors will receive their payments based on the outcome of the treatment for patients. But how will it affect the product design of medical devices? The manufacturers have learned that by designing new devices that offer superior therapeutic results, they can influence the hospitals to make purchases to increase their value-based payments.

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How will Telemedicine Revolutionize the Healthcare Industry?

The healthcare industry has seen numerous technological advancements that are driving growth and efficiency. Generic medicines, data analytics, real-world evidence, electronic health records (EHR), and medical wearables are some of the examples of such technological advancements. However, despite such these developments, physicians and patients are more excited about telemedicine. Telemedicine makes use of telecommunications technology such as phones, tablets, and computers so that healthcare professionals can deliver quality healthcare  to patients from any part of the world. Additionally, telemedicine also allows doctors and physicians to consult with one another in the diagnosis or treatment of the patient without having to leave their facilities.

So how can Telemedicine facilitate healthcare providers and patients?

Convenient and Accessible HealthcareIR_Brochure

Each place has a geographical distribution that is not always ideal. For instance, the majority of the population will be centered around main cities, with few dispersed in the outskirts and small towns. The problem with such dispersion is that even the infrastructure such as healthcare facilities will be sparsely distributed. Such distribution can be problematic for patients who might not be able to access healthcare facilities easily. Telemedicine arrives as a boon to the healthcare industry as it can deliver healthcare services even in remote or rural areas; thereby, negating the shortage of medical professionals or hospitals. Additionally, it also extends to urban lifestyles where busy schedules can make it difficult to avail healthcare services on-demand. Consequently, communications over e-mail, Skype, SMS, and other IM platforms will save all the traveling time and wait time to make their lives easier.

Reduction in Healthcare Costs

Apart from assisting medical professionals and patients, telemedicine also enables medical providers, insurers, and employees to reduce healthcare costs and save money. The emergence of the emergence of HIPAA-compliant mHealth (mobile health) apps, secure messaging solutions, and remote monitoring and online management systems has drastically reduced unnecessary physical check-ups and ER visits. Diagnosis of simple health issues such as skin rashes, colds, sore throats, and flu can be easily eliminated by doctors remotely analyzing the symptoms.

Improved Patient Outcomes and Care Quality

The most significant advantage of adopting telemedicine is the fact that the patient can be connected with healthcare professionals instantly when they need it. A timely diagnosis and early detection can vastly improve the patient outcomes and improve the quality of care being offered. Remote monitoring programs also help in periodical follow-ups with patients after the initial check-up so that the physician can modify the medicine or its dosage as and when required.

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ACA vs. AHCA and its Impact on the Medical Device Industry

Thanks to the ongoing healthcare bill debate between the Affordable Care Act (ACA) and the American Health Care Act (AHCA), the market space for health care in the US has been the center of attention across the globe. In the year 2010, a new healthcare bill named the affordable care act, more commonly known as the Obamacare, was brought into effect by the president of the US. The affordable care act was introduced with the objective to improve health care in the US by making health insurance coverage accessible and affordable to all. Through the affordable care act, the United States was one of the few developed countries to offer universal health care to its residents.

However, when the political reign shifted to president Trump’s administration, the Republican party introduced a legislation to repeal the affordable care act and replace it with the American health care act, with certain reforms. While the AHCA plan looms under the clouds of uncertainty, groups of doctors, nurses, hospitals, and patients have contested against the GOP’s health care plan to repeal Obamacare with the AHCA. One group missing from the opposition against the new health care bill are the medical device manufacturers organization.

What is the difference between the Affordable Care Act and the American Health Care Act

The American health care act, the GOP alternative health care bill that aims to repeal Obamacare (ACA), has been introduced with certain amendments to the latter. There are certain similarities and differences between the affordable care act and the AHCA; let’s have brief look at each. The similarities between the ACA and the AHCA are as follows,

  • The pre-existing medical conditions such as pregnancy or cancer will still be covered under the new coverage options, and insurancea2 companies cannot refuse the coverage for the same
  • Both the legislative pieces, the affordable care act and the American health care act, offer coverage to young Americans under their parent’s insurance till the age of 26
  • The affordable care act and the AHCA still prohibit the insurance plans from setting a lifetime limit and also offer tax credits to the citizens who buy insurance coverage

 

While a few aspects have been retained, there are few amendments made by the Republican party in their quest to repeal Obamacare through the GOP health care bill, replacing it with president Trump’s proposed health care reforms. The differences between the two are as follows,

  • AHCA eliminates the individual and employer mandate and the resulting penalties by making health insurance coverage optional for both the parties
  • Under the GOP alternative, Medicaid expansion is brought to a halt and restricts federal funding to facilities that offer abortions and planned parenthood
  • The proposed bill intends to repeal the taxes on health care and related services such as the over-the-counter medications, prescription drugs, health insurance and the medical device manufacturing industry, which was used by the affordable care act to pay for their plans

AHCA and Its Impact on Medical Device Manufacturers

Under the AHCA, the medical device manufacturers are set to witness sustainable growth that was capped by the excise tax of up to 2.3 per cent on the annual sales to help fund Obamacare. Under the affordable care act, this tax amount would be used to extend coverage to millions of American citizens without a health insurance coverage. The medical device manufacturing industry in the US develops, produces, and sells medical devices and surgical equipment such as high tech devices such as pacemakers and hearing aids across the globe. However, with the introduction of the affordable care act, the medical device manufacturing industry saw a significant loss of American jobs within a span of two years and scaled back their investment in research and development, and other related capital spends.

The drug, biotech, and medical device makers are set to benefit under the new reformed health care bill proposed by President Trump’s administration as it eliminates taxes worth billions of dollars on the industry. The medical device manufacturers have deemed the health care bill by the Republican party as a positive step towards eliminating medical device tax completely.

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Top 5 Challenges for Medical Device Manufacturers in Emerging Markets

medical devicesAs we look to the future, medical device manufacturers face a new world that’s full of opportunities. However, uncertainty lies ahead as well. New standards and regulations are emerging, reimbursement rules are becoming more complex, healthcare dynamics are evolving, and companies are facing an increasingly competitive scenario. This challenging environment requires that medical devices companies reduce costs, streamline their operations, and innovate more quickly. Additionally, medical device manufacturers are set to witness growth opportunities in emerging markets with the increasing importance of medical devices and surgical equipment in modern healthcare.

Medical devices industry overview

Globally, the medical device manufacturers are shifting from a transaction-based approach to an approach that involves focusing on creating value for providers, practitioners, payers, and patients by providing surgical instruments and medical tools that are highly cost-efficient, innovative, and speak volumes about the product quality. The medical device manufacturing industry is expected to grow by leaps and bounds owing to the rising aging population, increasing health concerns, and sky-rocketing health care costs. As a result, medical device manufacturers are undertaking new product development projects at breakneck speed, especially in the emerging markets such as China and India. However, a key point to remember here is that the medical equipment manufacturing companies would require a proper execution strategy to address the needs and concerns of the key stakeholders in the market.

In the emerging markets, medical devices and surgical equipment are often looked at as cost drivers for limited budget hospitals, although they offer long-term cost-saving opportunities, create effective healthcare practices and offer improved patient outcomes. Despite the trends and developments, medical device companies must take the necessary steps to overcome the challenges pertaining to product quality, regulatory compliance, and data security among several others. Let’s look at the top 5 challenges faced by medical device manufacturers in the emerging markets: 

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#1 Ensuring Product Quality

Medical device manufacturers must warrant top-notch product quality to avoid product recalls. For a medical equipment manufacturer, product recall negatively impacts its brand reputation and the company’s bottom line. Thus, ensuring adequate product safety, security and reliability are extremely crucial to survive the competition in the emerging markets.

#2 Regulatory Compliance and Government Support

Medical device manufacturers must ensure adherence to product safety standards and regulatory compliance. Medical devices include every equipment right from thermometers to magnetic resonance imaging machines. Medical equipment manufacturing companies must pay attention to compliance and regulatory standards that differ from country to country. Besides this, garnering government support in the form of subsidized research and development, expediting approvals, tax and financial support, and offering favorable tax reimbursements are some of the major challenges for medical device manufacturers.

 

#3 Localization of Medical Devices 

In the emerging markets, local medical device manufacturers are more successful as compared to their multinational counterparts. This is possible because the local players offer tailor-made products aimed at resolving local needs and constraints. The local medical equipment manufacturers often indulge in market research and leverage the benefits of local operations and a domestic sales force to bridge the gaps in the market.

#4 I-o-T Integration and Data Security

Internet-of-Things (IoT) enabled medical devices and surgical instruments that are high on innovation pose as a technical challenge for medical devices companies. The growing concern of medical equipment manufacturing companies is to collect, secure, and manage vast amounts of sensitive data that is stored in a cloud-based infrastructure to prevent data theft and breaches.

#5 Cost of Product Development

The major challenge for medical device manufacturers is to overcome the burgeoning cost of product development as a result of the challenges mentioned above. Besides technology and government regulations, medical service providers evaluate new products based on their price as against factors like patient experience.


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Increasing Preference for Self-monitoring of Blood Glucose to Boost the Safety and Personal Lancets Market

The recent market intelligence study by Infiniti Research on safety and personal lancets tracks the technological advances and product innovations in the home healthcare industry and provides insights on growth opportunities.

Understanding the safety and personal lancets market

Safety and personal lancets are gaining popularity in the healthcare market. These medical devices form an integral component of the sharps injury prevention program in healthcare centers, clinics, laboratories, and doctor’s offices. These devices help eliminate needle-stick injuries and infections. Personal lancets are disposable tools used to make vein punctures and collect small blood samples. The global healthcare market is witnessing technological advancements and product innovations, especially in the home healthcare sector. The launch of self-monitoring of blood glucose (SMBG) devices will increase the number of patients performing blood glucose tests at home.

Medical devices companies from emerging markets of China, Taiwan, and India have increased the level of competition in the market by manufacturing and launching products at a very competitive price. Also, many people find it extremely inconvenient and painful using a lancet on themselves, which leaves a huge scope for manufacturers to come up with a device that can be used with ease and reduce pain.

Emergence of home healthcare services

Home healthcare devices enable regular monitoring of blood glucose levels and offer effective diabetes management. The number of patients performing blood glucose tests at home will see a surge following the launch of innovative products by glucose-monitoring manufacturers and the high preference for self-monitoring of blood glucose (SMBG).

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Technological innovations to revolutionize the lancet market

The vendors are focusing on developing devices that can help reduce the intensity of pain and that are cost effective for consumers. The use of advanced designs like 33G and tri-bevel lancets will ensure high consumer comfort and reduce pain. Moreover, manufacturers are designing lancets compatible with multiple lancing devices to increase their sales and sustain the competition in the market. They are also introducing devices that can collect blood from thighs, hands, forearms, palms, and upper arms.

Solutions and recommendations

The market intelligence team at Infiniti Research offers a clear understanding of the market’s growth prospects and presents a detailed overview of the latest technology standards. Some of the solutions offered include:

  • Provide a clear understanding of the current market trends in the industry across the target regions
  • Help determine the key market trends and drivers affecting the growth of market-leading players
  • Offer insights on the competitor’s market share and key distributors in the safety and personal lancets market
  • Analyze challenges, trends, and the various research and development activities specific to the safety and personal lancets market
  • Offer a holistic overview of the current distribution structure, regional product portfolio and price, and the global usage of lancets

Read our comprehensive case study on how we helped a leading client analyze the market space for safety and personal lancets through a market intelligence study 

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