Increased awareness about hygiene and sanitization measures for blood collection devices such as heel lancets is growing during the COVID-19 pandemic. Since newborns are likely to be sensitive toward the infection, healthcare professionals are taking extra care to efficiently dispose heel incision devices. Moreover, proper handling of heel incision devices has also been recommended by the World Health Organization (WHO). However, factory shutdowns are likely to affect the supply of these devices. Hence, companies in the heel incision devices market are strengthening their distributions channels in countries where the pandemic has subsided.
Proper disinfection and sanitization of heel incision devices has become crucial for healthcare facilities. Since hospitals in the U.S., India, Russia, and Brazil are already compromised with increasing COVID-19 cases, doctors are maintaining sanitization measures for the handling of blood collection devices.
These factors are expected to drive the heel incision devices market during the forecast period.
The ease of activation and the unique positioning design are highly preferred in heel incision devices. Hence, MediPurpose Inc.— a boutique medical products company has announced the launch of their babyLance heel incision device, which reduces trigger activation force in infants. Manufacturers in the heel incision devices market are increasing efforts to develop safe, effective, and easy solutions for blood collection. They are increasing their portfolio in preemie and newborn products to capitalize on value-grab opportunities. As such, there is a growing demand for devices that minimize the risk of bruising.
Unique positioning designs in heel incision devices facilitate accurate and stable placement against targeted section of the infant’s feet. In order to gain recognition, manufacturers in the heel incision devices market are abiding by the CLSI (Clinical and Laboratory Standards Institute) regulatory and quality standards.
The heel incision devices market is expected to mature from a revenue of ~US$ 174 Mn in 2019 to over US$ 231 Mn by the end of 2030. This can be attributed to increased product launches have intensified competition in the market landscape. For instance, the U.S. multinational healthcare services company Cardinal Health has announced the launch of the gentleheel® device, which is made with the automated lancing mechanism. In order to cause less trauma to infants, mothers and healthcare practitioners are fueling the demand for heel incision devices that deliver smooth incision at the heel.
Hardened stainless steel blade in devices cause less trauma to infants. Manufacturers in the heel incision devices market are increasing efforts to acquire trademarks for their products from the Global Resources International to boost their credibility credentials. New ergonomic designs and multiple visual indicators help improve device handling.
Companies in the heel incision devices market are increasing the availability of single-use safety heel sticks. For instance, the Novaplus MediHeel incision device by Medicore is designed for infants and neonatal patients to meet single-use applications. Manufacturers are strengthening their distribution chains via e-Commerce. For instance, the Lancet Tenderfoot Infant device is being made available online in order to increase product uptake. Next-gen incision devices are emerging as an alternative to puncture in the heel of infants. The growing demand for high-quality blood sample has triggered the expansion of the heel incision devices market.
Improved mechanisms in devices are delivering greater incision depth control above the nerve fibers, resulting in less pain in infants. Manufacturers are increasing efforts to enhance user comfort by introducing ergonomic designs in devices. They are offering comfortable grip for permanent retraction of the blade, catering to user safety.
Established players in the heel incision devices market are gaining a competitive edge over emerging market players, since babies are inherently fragile and many infants have complex medical conditions. Since emerging players and startups lack the right amount of capital expenditure, leading market players are outpacing smaller players. Hence, emerging players must invest in R&D activities and collaborate with think tanks from universities and international healthcare organizations to identify drawbacks in existing heel incision devices. Companies in the heel incision devices market should research about alternate methods that are replacing lancets since the market is projected to register a sluggish CAGR of ~3% during the forecast period.
Startups in the market for heel incision devices should innovate in lancets that are designed for specialized and delicate care. They should adopt standardized length and depth measures to carefully control incision in babies.
Manufacturers in the heel incision devices market are increasing their production capacities for lancets that eliminate the need for heel warming. The elimination of heel warming is being associated with time and cost efficiency in hospitals, since the nursing time is reduced and the hospital financial expenditure is also lowered. This has led to increased productivity levels in healthcare facilities, as additional minutes spent on heel warming results in adding up of substantial cost during the blood collection procedure. Thus, innovative heel incision devices are lowering the expenditure to purchase heel warmers.
Companies in the heel incision devices market are innovating in lancets that produce a steady consistent arc motion, which promotes fast healing and less bruising. There is a growing demand for devices that deliver gentle skin incision. Latest heel incision devices are eliminating the need for repeat sticks in order to collect a large enough blood sample.
Analysts’ Viewpoint
Analysts of the Transparency Market Research (TMR) opine that the heel incision devices market is likely to be affected due to COVID-19 restrictions in countries with rising number of coronavirus cases. As such, manufacturers are increasing their production capabilities to develop devices that offer custom fit to any baby’s heel. However, emerging players are facing the heat with stiff competition from leading healthcare giants. Hence, companies should increase R&D to team up with best minds from universities and international healthcare organizations to address the needs of infants with complex medical conditions. Manufacturers should develop devices that eliminate the need for heel warmers.
Heel incision devices market to cross valuation of US$ 231 Mn by 2030
Heel incision devices market is anticipated to expand at a CAGR of ~3% from 2020 to 2030
Heel incision devices market is driven by rise in awareness and mandatory screening of newborns
North America accounted for a major share of the global heel incision devices market, primarily due to well-established healthcare infrastructure that enables proper diagnosis
Key players in the global surgical equipment market include BD, Owen Mumford Ltd., Cardinal Health, Smiths Medical, Clinical Innovations
1.Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions and Research Methodology
3. Executive Summary: Global Heel Incision Devices Market
4. Market Overview
4.1. Introduction
4.1.1. Market Overview
4.2. Market Dynamics
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunity
5. Key Insights
5.1. List of Major Hospitals & Maternity Centers
5.2. Pricing Analysis
5.3. Global Heel Incision Devices: Key Industry Events
5.4. COVID-19 Impact Analysis
5.5. Regulatory Scenario
6. Global Heel Incision Devices Market Analysis and Forecast, by Product Type
6.1. Key Findings / Developments
6.2. Introduction & Definition
6.3. Global Heel Incision Devices Market Value Forecast, by Product Type, 2018–2030
6.3.1. Micro-preemie
6.3.2. Preemie
6.3.3. Newborn
6.3.4. Infant
6.4. Global Heel Incision Devices Market Attractiveness Analysis, by Product Type
7. Global Heel Incision Devices Market Analysis and Forecast, by End-user
7.1. Key Findings / Developments
7.2. Introduction & Definition
7.3. Global Heel Incision Devices Market Value Forecast, by End-user, 2018–2030
7.3.1. Hospitals & Specialty Clinics
7.3.2. Ambulatory Surgical Centers
7.3.3. Others
7.4. Global Heel Incision Devices Market Attractiveness Analysis, by End-user
8. Global Heel Incision Devices Market Analysis and Forecast, by Region
8.1. Geographical Representation
8.2. Global Heel Incision Devices Market Value Forecast, by Region
8.2.1. North America
8.2.2. Europe
8.2.3. Asia Pacific
8.2.4. Latin America
8.2.5. Middle East & Africa
8.3. Global Heel Incision Devices Market Attractiveness Analysis, by Region
9. North America Heel Incision Devices Market Analysis and Forecast
9.1. North America Heel Incision Devices Market Value Forecast, by Country, 2018–2030
9.1.1. U.S.
9.1.2. Canada
9.2. North America Heel Incision Devices Market Value Forecast, by Product Type, 2018–2030
9.3. North America Heel Incision Devices Market Value Forecast, by End-user, 2018–2030
9.4. North America Heel Incision Devices Market Attractiveness Analysis, 2020–2030
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By End-user
10. Europe Heel Incision Devices Market Analysis and Forecast
10.1. Europe Heel Incision Devices Market Value Forecast, by Country/Sub-region, 2018–2030
10.1.1. Germany
10.1.2. France
10.1.3. U.K.
10.1.4. Spain
10.1.5. Italy
10.1.6. Rest of Europe
10.2. Europe Heel Incision Devices Market Value Forecast, by Product Type, 2018–2030
10.3. Europe Heel Incision Devices Market Value Forecast, by End-user, 2018–2030
10.4. Europe Heel Incision Devices Market Attractiveness Analysis, 2020–2030
10.4.1. By Country/Sub-region
10.4.2. By Product Type
10.4.3. By End-user
11. Asia Pacific Heel Incision Devices Market Analysis and Forecast
11.1. Asia Pacific Heel Incision Devices Market Value Forecast, by Country/Sub-region, 2018–2030
11.1.1. Japan
11.1.2. China
11.1.3. India
11.1.4. Australia & New Zealand
11.1.5. Rest of Asia Pacific
11.2. Asia Pacific Heel Incision Devices Market Value Forecast, by Product Type, 2018–2030
11.3. Asia Pacific Heel Incision Devices Market Value Forecast, by End-user, 2018–2030
11.4. Asia Pacific Heel Incision Devices Market Attractiveness Analysis, 2020–2030
11.4.1. By Country/Sub-region
11.4.2. By Product Type
11.4.3. By End-user
12. Latin America Heel Incision Devices Market Analysis and Forecast
12.1. Latin America Heel Incision Devices Market Value Forecast, by Country/Sub-region, 2018–2030
12.1.1. Brazil
12.1.2. Mexico
12.1.3. Rest of Latin America
12.2. Latin America Heel Incision Devices Market Value Forecast, by Product Type, 2018–2030
12.3. Latin America Heel Incision Devices Market Value Forecast, by End-user, 2018–2030
12.4. Latin America Heel Incision Devices Market Attractiveness Analysis, 2020–2030
12.4.1. By Country/Sub-region
12.4.2. By Product Type
12.4.3. By End-user
13. Middle East & Africa Heel Incision Devices Market Analysis and Forecast
13.1. Middle East & Africa Heel Incision Devices Market Value Forecast, by Country/Sub-region, 2018–2030
13.1.1. GCC Countries
13.1.2. South Africa
13.1.3. Rest of Middle East & Africa
13.2. Middle East & Africa Heel Incision Devices Market Value Forecast, by Product Type, 2018–2030
13.3. Middle East & Africa Heel Incision Devices Market Value Forecast, by End-user, 2018–2030
13.4. Middle East & Africa Heel Incision Devices Market Attractiveness Analysis, 2020–2030
13.4.1. By Country/Sub-region
13.4.2. By Product Type
13.4.3. By End-user s
14. Competitive Landscape
14.1. Market Share Analysis, by Company, 2019
14.2. Company Profiles (Details - Overview, Financials, Recent Developments, Strategy)
14.2.1. BD
14.2.1.1. Company Details
14.2.1.2. Company Description
14.2.1.3. Business Overview
14.2.1.4. SWOT Analysis
14.2.1.5. Financial Analysis
14.2.1.6. Strategic Overview
14.2.2. Owen Mumford Ltd.
14.2.2.1. Company Details
14.2.2.2. Company Description
14.2.2.3. Business Overview
14.2.2.4. SWOT Analysis
14.2.2.5. Strategic Overview
14.2.3. Cardinal Health
14.2.3.1. Company Details
14.2.3.2. Company Description
14.2.3.3. Business Overview
14.2.3.4. SWOT Analysis
14.2.3.5. Strategic Overview
14.2.4. Smiths Medical
14.2.4.1. Company Details
14.2.4.2. Company Description
14.2.4.3. Business Overview
14.2.4.4. SWOT Analysis
14.2.4.5. Strategic Overview
14.2.5. Clinical Innovations, LLC.
14.2.5.1. Company Details
14.2.5.2. Company Description
14.2.5.3. Business Overview
14.2.5.4. SWOT Analysis
14.2.5.5. Financial Analysis
14.2.5.6. Strategic Overview
14.2.6. MediCore
14.2.6.1. Company Details
14.2.6.2. Company Description
14.2.6.3. Business Overview
14.2.6.4. SWOT Analysis
14.2.6.5. Financial Analysis
14.2.6.6. Strategic Overview
14.2.7. Vitrex Medical A/S
14.2.7.1. Company Details
14.2.7.2. Company Description
14.2.7.3. Business Overview
14.2.7.4. SWOT Analysis
14.2.7.5. Financial Analysis
14.2.7.6. Strategic Overview
14.2.8. NSP Medicals
14.2.8.1. Company Details
14.2.8.2. Company Description
14.2.8.3. Business Overview
14.2.8.4. SWOT Analysis
14.2.8.5. Financial Analysis
14.2.8.6. Strategic Overview
14.2.9. Torvan Medical Inc.
14.2.9.1. Company Details
14.2.9.2. Company Description
14.2.9.3. Business Overview
14.2.9.4. SWOT Analysis
14.2.9.5. Strategic Overview
List of Tables
Table 01: List of Major Hospitals & Maternity Centers in North America Region
Table 02: List of Major Hospitals & Maternity Centers in North America Region
Table 03: List of Major Hospitals & Maternity Centers in North America Region
Table 04: List of Major Hospitals & Maternity Centers in Europe Region
Table 05: List of Major Hospitals & Maternity Centers in Europe Region
Table 06: List of Major Hospitals & Maternity Centers in Europe Region
Table 07: List of Major Hospitals & Maternity Centers in Europe Region
Table 08: List of Major Hospitals & Maternity Centers in Europe Region
Table 09: List of Major Hospitals & Maternity Centers in Asia Pacific Region
Table 10: List of Major Hospitals & Maternity Centers in Asia Pacific Region
Table 11: List of Major Hospitals & Maternity Centers in Asia Pacific Region
Table 12: List of Major Hospitals & Maternity Centers in Asia Pacific Region
Table 13: List of Major Hospitals & Maternity Centers in Asia Pacific Region
Table 14: List of Major Hospitals & Maternity Centers in Latin America Region
Table 15: List of Major Hospitals & Maternity Centers in Latin America Region
Table 16: List of Major Hospitals & Maternity Centers in Latin America Region
Table 17: List of Major Hospitals & Maternity Centers in Middle East & Africa Region
Table 18: List of Major Hospitals & Maternity Centers in Middle East & Africa Region
Table 19: List of Major Hospitals & Maternity Centers in Middle East & Africa Region
Table 20: Global Heel Incision Devices Market Value (US$ Mn) Forecast, by Product Type, 2018–2030
Table 21: Global Heel Incision Devices Market Value (US$ Mn) Forecast, by End-user, 2018–2030
Table 22: Global Heel Incision Devices Market Value (US$ Mn) Forecast, by Region, 2018–2030
Table 23: North America Heel Incision Devices Market Value (US$ Mn) Forecast, by Country, 2018–2030
Table 24: North America Heel Incision Devices Market Value (US$ Mn) Forecast, by Product Type, 2018–2030
Table 25: North America Heel Incision Devices Market Value (US$ Mn) Forecast, by End-user, 2018–2030
Table 26: Europe Heel Incision Devices Market Value (US$ Mn) Forecast, by Country, 2018–2030
Table 27: Europe Heel Incision Devices Market Value (US$ Mn) Forecast, by Product Type, 2018–2030
Table 28: Europe Heel Incision Devices Market Value (US$ Mn) Forecast, by End-user, 2018–2030
Table 29: Asia Pacific Heel Incision Devices Market Value (US$ Mn) Forecast, by Country/Sub-region, 2018–2030
Table 30: Asia Pacific Heel Incision Devices Market Value (US$ Mn) Forecast, by Product Type, 2018–2030
Table 31: Asia Pacific Heel Incision Devices Market Value (US$ Mn) Forecast, by End-user, 2018–2030
Table 32: Latin America Heel Incision Devices Market Value (US$ Mn) Forecast, by Country/Sub-region, 2018–2030
Table 33: Latin America Heel Incision Devices Market Value (US$ Mn) Forecast, by Product Type, 2018–2030
Table 34: Latin America Heel Incision Devices Market Value (US$ Mn) Forecast, by End-user, 2018–2030
Table 35: Middle East & Africa Heel Incision Devices Market Value (US$ Mn) Forecast, by Country/Sub-region, 2018–2030
Table 36: Middle East & Africa Heel Incision Devices Market Value (US$ Mn) Forecast, by Product Type, 2018–2030
Table 37: Middle East & Africa Heel Incision Devices Market Value (US$ Mn) Forecast, by End-user, 2018–2030
List of Figure
Figure 01: Global Heel Incision Devices Market Value (US$ Mn) Forecast, 2018–2030
Figure 02: Global Heel Incision Devices Market Value Share, by Region, 2019
Figure 03: Global Heel Incision Devices Market Value Share Analysis, by Product Type, 2019 and 2030
Figure 04: Global Heel Incision Devices Market Value (US$ Mn), by Micro-Preemie, 2018–2030
Figure 05: Global Heel Incision Devices Market Value (US$ Mn), by Preemie, 2018–2030
Figure 06: Global Heel Incision Devices Market Value (US$ Mn), by Newborn, 2018–2030
Figure 07: Global Heel Incision Devices Market Value (US$ Mn), by Infant, 2018–2030
Figure 08: Global Heel Incision Devices Market Attractiveness Analysis, by Product Type, 2020–2030
Figure 09: Global Heel Incision Devices Market Value Share Analysis, by End-user, 2019 and 2030
Figure 10: Global Heel Incision Devices Market Value (US$ Mn), by Hospitals, 2018–2030
Figure 11: Global Heel Incision Devices Market Value (US$ Mn), by Ambulatory Surgical Centers, 2018–2030
Figure 12: Global Heel Incision Devices Market Value (US$ Mn), by Others, 2018–2030
Figure 13: Global Heel Incision Devices Market Attractiveness Analysis, by End-user, 2020–2030
Figure 14: Global Heel Incision Devices Market Value Share Analysis, by Region, 2019 and 2030
Figure 15: Global Heel Incision Devices Market Attractiveness Analysis, by Region, 2020–2030
Figure 16: North America Heel Incision Devices Market Value (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2018–2030
Figure 17: North America Heel Incision Devices Market Value Share (%), by Country, 2019 and 2030
Figure 18: North America Heel Incision Devices Market Attractiveness, by Country, 2020–2030
Figure 19: North America Heel Incision Devices Market Value Share (%), by Product Type, 2019 and 2030
Figure 20: North America Heel Incision Devices Market Attractiveness, by Product Type, 2020–2030
Figure 21: North America Heel Incision Devices Market Value Share (%), by End-user, 2019 and 2030
Figure 22: North America Heel Incision Devices Market Attractiveness, by End-user, 2020–2030
Figure 23: Europe Heel Incision Devices Market Value (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2018–2030
Figure 24: Europe Heel Incision Devices Market Value Share (%), by Country/Sub-region, 2019 and 2030
Figure 25: Europe Heel Incision Devices Market Attractiveness, by Country/Sub-region, 2020–2030
Figure 26: Europe Heel Incision Devices Market Value Share (%), by Product Type, 2019 and 2030
Figure 27: Europe Heel Incision Devices Market Attractiveness, by Product Type, 2020–2030
Figure 28: Europe Heel Incision Devices Market Value Share (%), by End-user, 2019 and 2030
Figure 29: Europe Heel Incision Devices Market Attractiveness, by End-user, 2020–2030
Figure 30: Asia Pacific Heel Incision Devices Market Value (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2018–2030
Figure 31: Asia Pacific Heel Incision Devices Market Value Share (%), by Country/Sub-region, 2019 and 2030
Figure 32: Asia Pacific Heel Incision Devices Market Attractiveness, by Country/Sub-region, 2020–2030
Figure 33: Asia Pacific Heel Incision Devices Market Value Share (%), by Product Type, 2019 and 2030
Figure 34: Asia Pacific Heel Incision Devices Market Attractiveness, by Product Type, 2020–2030
Figure 35: Asia Pacific Heel Incision Devices Market Value Share (%), by End-user, 2019 and 2030
Figure 36: Asia Pacific Heel Incision Devices Market Attractiveness, by End-user, 2020–2030
Figure 37: Latin America Heel Incision Devices Market Value (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2018–2030
Figure 38: Latin America Heel Incision Devices Market Value Share (%), by Country, 2019 and 2030
Figure 39: Latin America Heel Incision Devices Market Attractiveness, by Country, 2020–2030
Figure 40: Latin America Heel Incision Devices Market Value Share (%), by Product Type, 2019 and 2030
Figure 41: Latin America Heel Incision Devices Market Attractiveness, by Product Type, 2020–2030
Figure 42: Latin America Heel Incision Devices Market Value Share (%), by End-user, 2019 and 2030
Figure 43: Latin America Heel Incision Devices Market Attractiveness, by End-user, 2020–2030
Figure 44: Middle East & Africa Heel Incision Devices Market Value (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2018–2030
Figure 45: Middle East & Africa Heel Incision Devices Market Value Share (%), by Country/Sub-region, 2019 and 2030
Figure 46: Middle East & Africa Heel Incision Devices Market Attractiveness, by Country/Sub-region, 2020–2030
Figure 47: Middle East & Africa Heel Incision Devices Market Value Share (%), by Product Type, 2019 and 2030
Figure 48: Middle East & Africa Heel Incision Devices Market Attractiveness, by Product Type, 2020–2030
Figure 49: Middle East & Africa Heel Incision Devices Market Value Share (%), by End-user, 2019 and 2030
Figure 50: Middle East & Africa Heel Incision Devices Market Attractiveness, by End-user, 2020–2030
Figure 51: Global Heel Incision Devices Market Share Analysis, by Company (2019)
Figure 52: U.S. Heel Incision Devices Market Share Analysis, by Company (2019)
Figure 53: BD Revenue (US$ Mn) and Y-o-Y Growth (%), 2015–2019
Figure 54: BD Selling, General, and Administrative Expenses (US$ Mn) and Y-o-Y Growth (%), 2017–2019
Figure 55: BD Breakdown of Net Sales (%), by Region, 2019
Figure 56: BD Breakdown of Net Sales (%), by Business Segment, 2019
Figure 57: Cardinal Health Revenue (US$ Mn) and Y-o-Y Growth (%), 2015–2019
Figure 58: Cardinal Health: Selling and Administrative Expenses (US$ Mn) and Y-o-Y Growth (%), 2017–2019
Figure 59: Cardinal Health Breakdown of Net Sales (%), by Region, 2019
Figure 60: Cardinal Health Breakdown of Net Sales (%), by Business Segment, 2019
Figure: 61 Smiths Medical Breakdown of Net Sales (%), by Business Segment, 2019
Figure: 62 Smith Group Expenses (US$ Mn) and Y-o-Y Growth (%), 2017–2018
Figure: 63 Smith Medical Revenue (US$ Mn) and Y-o-Y Growth (%), 2015–2019
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Heel Incision Devices Market Insights, 2020-2030
