Blood Glucose Test Strip Market Size, Share, Analysis Report

Blood Glucose Test Strip Market By Product (Glucose Oxidase, Glucose Dehydrogenase, Other); By Application (Hospital, Clinic, Household) and by Regional Analysis - Global Forecast by

The Blood Glucose Test Strip Market is expected to around US$ 22.40 Billion by 2028 at a CAGR of 6.70% in the given forecast period.

Purchase User License

MARKET SNAPSHOT

Major Players

  • Roche
  • LIFESCAN
  • Abbott
  • Panasonic
  • ARKRAY
  • Study period:

    2023-2028

    Base Year:

    2022

    CAGR:

    6

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    As glucometers are very easy to deal with subsequently more individuals are wanting to utilize the glucometers for their own utilization (home utilize). The information can be stockpiled Glucometer up to a certain limit. Estimating glucose levels are vital to take prescription. Inside seconds glucometers are furnishing the outcomes with accuracy. Up gradation in glucometers are continuous for better utilization and more accuracy.

    How Big is The Blood Glucose Test Strip Market?

    The Blood Glucose Test Strip Market is expected to around US$ 22.40 Billion by 2028 at a CAGR of 6.70% in the given forecast period.

    The major driving factors of Blood Glucose Test Strip Market are as follows:

    • Growth in diabetes population
    • Development of strips through channel technology
    • Rising disposable income of emerging nations

    The major restraining factors of Blood Glucose Test Strip Market are as follows:

    • Product recall due to device inefficiency
    • Intense competition leading to pricing pressures

    The major opportunities of Blood Glucose Test Strip Market are as follows:

    • Government giving subsidies and conducting awareness programs
    • Technological advancements such as accuracy of the test

    The Blood Glucose Test Strip Market has been segmented as below:

    By Product:

    • Glucose Oxidase
    • Glucose Dehydrogenase
    • Other

    By Application:

    • Hospital
    • Clinic
    • Household

    The Blood Glucose Test Strip Market is segmented on the lines of its technology, component, vehicle type and regional. On the basis of product segmentation it includes Glucose Oxidase, Glucose Dehydrogenase and Other. Based on application classification it covers Hospitals, Clinic and Househod. The Blood Glucose Test Strip Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, and Rest of World. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

    This report provides:

    1) An overview of the global market for Blood Glucose Test Strip Market and related technologies.
    2) Analyses of global market trends, with data from 2021, estimates for 2022 and 2023, and projections of compound annual growth rates (CAGRs) through 2028.
    3) Identifications of new market opportunities and targeted promotional plans for Blood Glucose Test Strip Market.

    4) Discussion of research and development, and the demand for new products and new applications.
    5) Comprehensive company profiles of major players in the industry. 

    Report Scope:

    The scope of the report includes a detailed study of Blood Glucose Test Strip Market with the reasons given for variations in the growth of the industry in certain regions.

    The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Roche, LIFESCAN, Abbott, Panasonic (Bayer), ARKRAY, I-SENS, Omron, B. Braun, Nipro Diagnostics, 77 Elektronika, AgaMatrix, Infopia, ALL Medicus, Terumo, Hainice Medical, SANNUO, Yicheng, Yuwell and EDAN. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

    The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

    Reasons to Buy this Report:

    1. Obtain the most up to date information available on all Blood Glucose Test Strip Market.
    2. Identify growth segments and opportunities in the industry.
    3. Facilitate decision making on the basis of strong historic and forecast of Blood Glucose Test Strip Market.
    4. Assess your competitor’s refining portfolio and its evolution.

    Customization:

    We can offer you custom research reports as per client’s special requirements.

    Below are our new reports:

    Stand Up CT Machine Market

    Stadiometers Equipment Market

    Spirometers Market

    Spinal Muscular Atrophy (SMA) Treatment Market

    Spinal Image Guidance Systems Market

    1.    Introduction
        1.1    Report Description
        1.2    Markets Covered
        1.3    Stakeholders

    2.    Research Methodology
        2.1    Research Data
        2.2    Market Size Estimation and Data Triangulation
        2.3    Research Assumptions

    3.    Report Summary

    4.    Market Overview
        4.1    Introduction
        4.2    Drivers
        4.3    Restrains
        4.4    Industry Trends
        4.5    Porter’s Five Forces Analysis

    5.    Blood Glucose Test Strip Market Analysis, By Product
        5.1    Glucose Oxidase
        5.2    Glucose Dehydrogenase
        5.3    Other

    6.    Blood Glucose Test Strip Market Analysis, By Application
        6.1    Hospital
        6.2    Clinic
        6.3    Household

    7.    Blood Glucose Test Strip Market Analysis, By Region
        7.1    North America
        7.2    Europe
        7.3    Asia-Pacific
        7.4    Rest of the World

    8.    Competitive Overview
        8.1    Introduction
        8.2    New Product Launches
        8.3    Acquisitions
        8.4    Agreements, Partnerships, And Collaborations
        8.5    Expansions

    9.    Company Profiles
        9.1    Roche
        9.2    LIFESCAN
        9.3    Abbott
        9.4    ALL Medicus
        9.5    Terumo
        9.6    I-SENS
        9.7    Omron
        9.8    Panasonic (Bayer)
        9.9    ARKRAY
        9.10    77 Elektronika
        9.11    AgaMatrix
        9.12    Infopia
        9.13    B. Braun
        9.14    Nipro Diagnostics
        9.15    Hainice Medical
        9.16    SANNUO
        9.17    Yicheng
        9.18    Yuwell
        9.19    EDAN

    The Blood Glucose Test Strip Market has been segmented as below:

    By Product:

    • Glucose Oxidase
    • Glucose Dehydrogenase
    • Other

    By Application:

    • Hospital
    • Clinic
    • Household

    By Regional Analysis:

    •     North America
    •     Europe
    •     Asia-Pacific
    •     Rest of the World

    Got a question? We've got answers. If you have some other questions, see our support center.

    The market is expected to grow at a CAGR of 6.70% during the study period (2023-2028)
    The Blood Glucose Test Strip Market is expected to around US$ 22.40 Billion by 2028.
    The segment included in Blood Glucose Test Strip Market is Product, Application and region.
    Some key players operating in the Blood Glucose Test Strip Market include Roche, LIFESCAN, Abbott, Panasonic (Bayer), ARKRAY, I-SENS, Omron, B. Braun, Nipro Diagnostics, 77 Elektronika, AgaMatrix, Infopia
    We can offer several formats of the market research reports including, • PDF • PPT • Spreadsheet/ Workbook

    Related Reports