For diabetes patients, constant monitoring of glucose levels is required. Type-1 diabetic patients need to check their blood glucose levels at regular intervals and performs 5-6 tests in a day to adjust their insulin dosage. The blood glucose test strips are cost effective option for daily routine checkup for diabetes patients.
MARKET DYNAMICS
The blood glucose test strips market is driving due to rising diabetes population and increase in the number of product launches. However, less awareness among people in low income countries is expected to hamper the growth of the global blood glucose test strips market. Moreover, increasing government initiatives for improving health care infrastructure is anticipated to drive demand the growth of the market.
MARKET SCOPE
The "Blood Glucose Test Strips Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of blood glucose test strips market with detailed market segmentation by type, technology, and end user. The blood glucose test strips market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in Blood Glucose Test Strips market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The blood glucose test strips market is segmented based on type, technology, and end user. Based on type, the market is segmented into thick film electrochemical strips, thin film electrochemical strips, and optical strips. Based on technology, the market is segmented into glucose dehydrogenase, and glucose oxidase. Based on end user, the market is segmented into hospital, homecare, and diagnostic centers.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the blood glucose test strips market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The blood glucose test strips market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting blood glucose test strips market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely, North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social, and technological factors effecting the blood glucose test strips market in these regions.
MARKET PLAYERS
The report covers key developments in the blood glucose test strips market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Blood Glucose Test Strips market are anticipated to have lucrative growth opportunities in the future with the rising demand for blood glucose test strips market in the global market. Below mentioned is the list of few companies engaged in the Blood Glucose Test Strips market.
The report also includes the profiles of key players in blood glucose test strips market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Abbott
- Roche
- Ascensia Diabetes Care
- LifeScan IP Holdings, LLC
- ARKRAY, Inc.
- AgaMatrix
- Johnson & Johnson
- Bionime Corporation
- ACON Laboratories, Inc.
- Trividia Health, Inc.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.