Press "Enter" to skip to content

Blood Glucose Test Strips Market Outlook 2019 | Shows Industry Overview, Size, Share, Remarkable Growth Factors, Types, and Applications Forecast to 2024

Blood

The “Blood Glucose Test Strips Market” 2019 report provides market size (value and volume), market share, growth rate by types, applications, and combines both qualitative and quantitative methods to make micro and macro forecasts in different regions or countries. Blood Glucose Test Strips Market report also aims to provide useful and comprehensive insights into current market trends and future growth scenarios. Blood Glucose Test Strips market report contains information like SWOT analysis, business highlights, strength, weakness, threats and opportunities of industry.

Top Manufacturers of Blood Glucose Test Strips Market Are:

  • Abbott Diabetes Care
  • Roche
  • Johnson & Johnson
  • Arkray
  • Ascensia Diabetes Care
  • Agamatrix Inc.
  • Bionime Corporation
  • Acon
  • Trivida
  • Rossmax

    Get a Sample Copy of the Report – https://www.industryresearch.co/enquiry/request-sample/14245403

    Market Overview:

  • As a part of diabetes treatment, constant monitoring of glucose levels is required. Blood glucose levels if not monitored regularly can lead to severe complications. Diabetes management process is an expensive service. At the large scale, patients use blood glucose test strips. The retail cost of these strips varies from 50 cents per piece to as high as USD 5 per strip.
  • Price is often a significant concern for the purchase of blood glucose test strips. Although various countries, like the United Kingdom, provide reimbursements for prescribed test strips, the majority of the patients have to pay for them from their pockets.
  • The frequency of monitoring glucose levels depends on the type of diabetes and varies from patient to patient.
  • Type 1 diabetic patients need to check their blood glucose levels at regular intervals to monitor their blood glucose levels and adjust the insulin dosing accordingly.
  • Therefore, if a patient performs 5-6 tests in a day, the average expenditure on test strips would be over USD 180/month. These expenses add to the already high diabetes management costs and are impeding the market growth.

    Scope of the Report:

  • In 2018, the global blood glucose test strips market was estimated at around USD 8,022.8 million. The market is expected to register a CAGR of about 10.8 % during the forecast period (2019-2024). The market is segmented by component (blood glucose test strips), end user (hospital and personal use test strips), and geography.

    Blood Glucose Test Strips Market Report Answers the Following Questions:

    • What will the market size and the growth rate be in 2024?
    • What are the key factors driving the global Blood Glucose Test Strips market?
    • What are the key market trends impacting the growth of the global Blood Glucose Test Strips market?
    • What are the challenges to market growth?
    • Who are the key vendors in the global Blood Glucose Test Strips market?
    • What are the market opportunities and threats faced by the vendors in the global Blood Glucose Test Strips market?
    • Trending factors influencing the market shares of the relevant regions.
    • What are the key outcomes of the five forces analysis of the global Blood Glucose Test Strips market?

    For More Information or Query or Customization Before Buying, Visit at – https://www.industryresearch.co/enquiry/pre-order-enquiry/14245403

    Key Market Trends: – Increased Awareness Among Type 2 Diabetic Patients is Driving the Blood Glucose Test Strips Market

    Due to the ease in handling glucometers, patients are now preferring to use them for their personal use (home use).
    Measuring blood glucose levels is essential to take or alter the medication accordingly, especially insulin users. Within seconds, glucometers provide the blood glucose levels with accuracy. There is constant upgradation in glucometers for better use and more efficiency.
    Approximately 10% of diabetic population contributes to Type 1 diabetes and 90% contributes to Type 2 diabetes.
    About 90% of Type 1 patients are using glucometer in their daily routines, and 25% of Type 2 patients are using the glucometers.
    Due to the sedentary lifestyle, the blood glucose levels for Type 2 diabetes patients are not under control, and this is causing the patients to regularly monitor their blood glucose levels to avoid further complications of diabetes.
    Thus, the aforementioned factor has increased the demand for the blood glucose test strips market.

    North America to Dominate the Market

    Globally, North America accounted for the largest share of 58.33% in 2017, owing to the availability of healthcare reimbursements and the fastest adoption rate for new medical technologies.
    Europe is also a leading region in the global blood glucose test strips market. North America is the fastest-growing region for the market and portrays a massive potential for growth in the future, due to the increasing government initiatives to combat diabetes and corporate investments to streamline R&D in diabetes.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    The report provides key statistics on the market status of the Blood Glucose Test Strips Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Blood Glucose Test Strips.

    Purchase this Report (Price 4250 USD for single user license) – https://www.industryresearch.co/purchase/14245403

    Report Objectives:

    • Analyzing the size of the Blood Glucose Test Strips market on the basis of value and volume.
    • Accurately calculating the market segments, consumption, and other dynamic factors of different sections of the global Blood Glucose Test Strips market.
    • Determining the key dynamics of the Blood Glucose Test Strips market.
    • Highlighting significant trends of the Blood Glucose Test Strips market in terms of manufacture, revenue, and sales.
    • Deeply summarizing top players of the Blood Glucose Test Strips market and showing how they compete in the industry.
    • Studying industry processes and costs, product pricing, and various trends related to them.
    • Displaying the performance of different regions and countries in the global Blood Glucose Test Strips market.

    Detailed TOC of Blood Glucose Test Strips Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Drivers
    4.3 Restraints
    4.4 Porter’s Five Forces Analysis
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Consumers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products and Services
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Component (Value and Volume, 2012-2024)
    5.1.1 Blood Glucose Test Strips
    5.2 By End User
    5.2.1 Hospital (Value and Volume, 2012-2024)
    5.2.2 Personal (Value and Volume, 2012-2024)
    5.3 Geography
    5.3.1 North America
    5.3.1.1 United States (Value and Volume, 2012-2024)
    5.3.1.1.1 By Component (Blood Glucose Test Strips)
    5.3.1.1.2 By End User (Hospital and Home)
    5.3.1.2 Canada (Value and Volume, 2012-2024)
    5.3.1.2.1 By Component (Blood Glucose Test Strips)
    5.3.1.2.2 By End User (Hospital and Home)
    5.3.1.3 Rest of North America (Value and Volume, 2012-2024)
    5.3.1.3.1 By Component (Blood Glucose Test Strips)
    5.3.1.3.2 By End User (Hospital and Home)
    5.3.2 Europe
    5.3.2.1 France (Value and Volume, 2012-2024)
    5.3.2.1.1 By Component (Blood Glucose Test Strips)
    5.3.2.1.2 By End User (Hospital and Home)
    5.3.2.2 Germany (Value and Volume, 2012-2024)
    5.3.2.2.1 By Component (Blood Glucose Test Strips)
    5.3.2.2.2 By End User (Hospital and Home)
    5.3.2.3 Italy (Value and Volume, 2012-2024)
    5.3.2.3.1 By Component (Blood Glucose Test Strips)
    5.3.2.3.2 By End User (Hospital and Home)
    5.3.2.4 Spain (Value and Volume, 2012-2024)
    5.3.2.4.1 By Component (Blood Glucose Test Strips)
    5.3.2.4.2 By End User (Hospital and Home)
    5.3.2.5 United Kingdom (Value and Volume, 2012-2024)
    5.3.2.5.1 By Component (Blood Glucose Test Strips)
    5.3.2.5.2 By End User (Hospital and Home)
    5.3.2.6 Russia (Value and Volume, 2012-2024)
    5.3.2.6.1 By Component (Blood Glucose Test Strips)
    5.3.2.6.2 By End User (Hospital and Home)
    5.3.2.7 Rest of Europe (Value and Volume, 2012-2024)
    5.3.2.7.1 By Component (Blood Glucose Test Strips)
    5.3.2.7.2 By End User (Hospital and Home)
    5.3.3 Latin America
    5.3.3.1 Mexico (Value and Volume, 2012-2024)
    5.3.3.1.1 By Component (Blood Glucose Test Strips)
    5.3.3.1.2 By End User (Hospital and Home)
    5.3.3.2 Brazil (Value and Volume, 2012-2024)
    5.3.3.2.1 By Component (Blood Glucose Test Strips)
    5.3.3.2.2 By End User (Hospital and Home)
    5.3.3.3 Rest of Latin America (Value and Volume, 2012-2024)
    5.3.3.3.1 By Component (Blood Glucose Test Strips)
    5.3.3.3.2 By End User (Hospital and Home)
    5.3.4 Asia-Pacific
    5.3.4.1 Japan (Value and Volume, 2012-2024)
    5.3.4.1.1 By Component (Blood Glucose Test Strips)
    5.3.4.1.2 By End User (Hospital and Home)
    5.3.4.2 South Korea (Value and Volume, 2012-2024)
    5.3.4.2.1 By Component (Blood Glucose Test Strips)
    5.3.4.2.2 By End User (Hospital and Home)
    5.3.4.3 China (Value and Volume, 2012-2024)
    5.3.4.3.1 By Component (Blood Glucose Test Strips)
    5.3.4.3.2 By End User (Hospital and Home)
    5.3.4.4 India (Value and Volume, 2012-2024)
    5.3.4.4.1 By Component (Blood Glucose Test Strips)
    5.3.4.4.2 By End User (Hospital and Home)
    5.3.4.5 Australia (Value and Volume, 2012-2024)
    5.3.4.5.1 By Component (Blood Glucose Test Strips)
    5.3.4.5.2 By End User (Hospital and Home)
    5.3.4.6 Vietnam (Value and Volume, 2012-2024)
    5.3.4.6.1 By Component (Blood Glucose Test Strips)
    5.3.4.6.2 By End User (Hospital and Home)
    5.3.4.7 Malaysia (Value and Volume, 2012-2024)
    5.3.4.7.1 By Component (Blood Glucose Test Strips)
    5.3.4.7.2 By End User (Hospital and Home)
    5.3.4.8 Indonesia (Value and Volume, 2012-2024)
    5.3.4.8.1 By Component (Blood Glucose Test Strips)
    5.3.4.8.2 By End User (Hospital and Home)
    5.3.4.9 Philippines (Value and Volume, 2012-2024)
    5.3.4.9.1 By Component (Blood Glucose Test Strips)
    5.3.4.9.2 By End User (Hospital and Home)
    5.3.4.10 Thailand (Value and Volume, 2012-2024)
    5.3.4.10.1 By Component (Blood Glucose Test Strips)
    5.3.4.10.2 By End User (Hospital and Home)
    5.3.4.11 Rest of Asia-Pacific (Value and Volume, 2012-2024)
    5.3.4.11.1 By Component (Blood Glucose Test Strips)
    5.3.4.11.2 By End User (Hospital and Home)
    5.3.5 Middle East & Africa
    5.3.5.1 Saudi Arabia (Value and Volume, 2012-2024)
    5.3.5.1.1 By Component (Blood Glucose Test Strips)
    5.3.5.1.2 By End User (Hospital and Home)
    5.3.5.2 Iran (Value and Volume, 2012-2024)
    5.3.5.2.1 By Component (Blood Glucose Test Strips)
    5.3.5.2.2 By End User (Hospital and Home)
    5.3.5.3 Egypt (Value and Volume, 2012-2024)
    5.3.5.3.1 By Component (Blood Glucose Test Strips)
    5.3.5.3.2 By End User (Hospital and Home)
    5.3.5.4 Oman (Value and Volume, 2012-2024)
    5.3.5.4.1 By Component (Blood Glucose Test Strips)
    5.3.5.4.2 By End User (Hospital and Home)
    5.3.5.5 South Africa (Value and Volume, 2012-2024)
    5.3.5.5.1 By Component (Blood Glucose Test Strips)
    5.3.5.5.2 By End User (Hospital and Home)
    5.3.5.6 Rest of Middle & Africa (Value and Volume, 2012-2024)
    5.3.5.6.1 By Component (Blood Glucose Test Strips)
    5.3.5.6.2 By End User (Hospital and Home)

    6 MARKET INDICATORS
    6.1 Type 1 Diabetes Population (2012-2024)
    6.2 Type 2 Diabetes Population (2012-2024)

    7 COMPETITIVE LANDSCAPE
    7.1 COMPANY PROFILES
    7.1.1 Abbott Diabetes Care
    7.1.2 Roche
    7.1.3 Johnson & Johnson
    7.1.4 Arkray
    7.1.5 Ascensia Diabetes Care
    7.1.6 Agamatrix Inc.
    7.1.7 Bionime Corporation
    7.1.8 Acon
    7.1.9 Trivida
    7.1.10 Rossmax

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

    Contact Us:

    Name: Ajay More

    Phone: US +14242530807/ UK +44 20 3239 8187

    Email: [email protected]

    Our Other Reports:

    Prostate Cancer Diagnostics Market 2019 – Business Size, Share, Opportunities, Future Trends, Top Key Players, Market Share and Global Analysis by Forecast to 2024

    Thermoplastic Pipe Industry 2019 Global Market Innovative Technologies, Supply Demand Scenario, Key Solutions, Growth Rate, Future Trends, Industry Vertical, and Region Analysis – Global Forecast to 2026

    Textile Printing Machine Market 2019: Expected to Demand Drivers, Size and Growth Stimulators Likely to Increase During the Forecast 2025

    Aerospace Fasteners Market 2019 – Global Industry Analysis, Size, Share, Growth, Trends, Key Players and Forecast 2019 – 2024