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Blood Glucose Test Strips Market

Blood Glucose Test Strips Market Analysis – By Component (Blood Glucose Test Strips), By End User (Hospital, Personal Use), By Technology (Thick Film Electrode Strips, Thin Film Electrode Strips, Optical Strips, Others), By Region (North America, Europe, Asia-pacific, Latin America, Middle East & Africa) - Industry Size, Share, Trends, Growth and Global Forecast to 2026

  • ID : 27217244  |  
  • Published : Apr-2019  |  
  • Region : Global  |  
  • Pages : 140   |  
  • Publisher : Research Cosmos

Blood Glucose Test Strips Market Size and Growth Rate:

According to the Research Report, the Global Blood Glucose Test Strips Market Size was valued at USD 8,000 Million USD in 2017 and was Expected to Reach USD 9,700 Million by 2026 with a CAGR of 2.0% during the forecast period 2019-2026.

Blood Glucose Test Strips Market Drivers and Restraints:

The increasing prevalence of diabetes and the high awareness of continuous blood glucose monitoring to control diabetes can stimulate the global market for blood glucose test strips from 2018 to 2026.

The prevalence of diabetes is expected to increase exponentially around the world as a result of changes in lifestyle and various factors, such as malnutrition and genetic mutations. A large number of global manufacturers are focusing on the development and manufacture of new antidiabetic products to meet the medical needs of patients with supportive government support. For example, the US Food and Drug Administration (FDA) has granted a 510 (k) license to DarioHealth Corp., a manufacturer of the Dario blood glucose monitoring system, including its components, such as the reader, the test strips and applications on the Apple iOS 6.1 platform and higher. These key developments are likely to increase the global market for blood glucose test strips in the near future.

Blood Glucose Test Strips Market Regional Analysis:

North America had a significant portion of the world market for blood glucose test strips in 2017. Europe has followed North America in terms of global market share. In terms of revenue, the Asia-Pacific market is expected to grow rapidly during the forecast period. The growing prevalence of diabetes and the knowledge of the treatment and use of different diabetes treatment devices in countries like Brazil, Saudi Arabia and South Africa should boost the market in Latin America and in the Middle East and Africa.

Some of the Promising Companies leading the Global Blood Glucose Test Strips Market Profiled in the Report are:

  • Abbott Laboratories
  • AgaMatrix, Inc
  • PHC Holdings Corporation
  • F. Hoffmann-La Roche Ltd
  • LifeScan, Inc
  • Sanofi
  • Trividia Health Inc
  • B. Braun Holding GmbH & Co. KG

The Research Report segments the Blood Glucose Test Strips Market into the following submarkets:

Blood Glucose Test Strips Market – By Component:

  • Blood Glucose Test Strips

Blood Glucose Test Strips Market – By End User:

  • Hospital
  • Personal Use

Blood Glucose Test Strips Market – By Technology:

  • Thick-film Electrode Strips
  • Thin-film Electrode Strips
  • Optical Strips
  • Others

Blood Glucose Test Strips Market – By Region:

  • North America

    • United States                                
    • Canada                                          

  • Europe                                                                                  

    • United Kingdom                                            
    • Germany                                       
    • France                                           
    • Italy                                
    • Spain                                             

  • Asia-Pacific                                                     

    • China                                             
    • India                                              
    • Japan                                             
    • South Korea                                  

  • Latin America                                                                             

    • Brazil                                             
    • Argentina                                      
    • Mexico                                          

  • Middle-East & Africa                                                       

    • Middle-East                                  
    • Africa  

Table of Contents:

  1. Introduction                                                                      
  2. Research Methodology                                                                   

    1. Analysis Design                                             

      1. Research Phases                                                            
      2. Secondary Research                                  
      3. Primary Research                                      
      4. Expert Validation                                       

    2. Study Timeline                                                

  3. Overview                                                                         

    1. Executive Summary                                                      
    2. Key Inferences                                                
    3. New Developments                                                      

  4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                                             

    1. Blood Glucose Test Strips Market drivers                      
    2. Blood Glucose Test Strips Market  Restraints                                                         
    3. Key Challenges                                               
    4. Current Opportunities in the Blood Glucose Test Strips Market  

  5. Blood Glucose Test Strips Market segmentation                                                                    

    1. By Component

      1. Blood Glucose Test Strips

    2. By End User

      1. Hospital
      2. Personal Use

    3. By Technology

      1. Thick-film Electrode Strips
      2. Thin-film Electrode Strips
      3. Optical Strips
      4. Others

  6. Geographical Analysis 

    1. North America Blood Glucose Test Strips Market

      1. United States                                
      2. Canada                                          

    2. Europe  Blood Glucose Test Strips Market                                 

      1. United Kingdom                                            
      2. Germany                                       
      3. France                                           
      4. Italy                                
      5. Spain                                             

    3. Asia-Pacific  Blood Glucose Test Strips Market                          

      1. China                                             
      2. India                                              
      3. Japan                                             
      4. South Korea                                  

    4. Latin America Blood Glucose Test Strips Market                  

      1. Brazil                                             
      2. Argentina                                      
      3. Mexico                                          

    5. Middle-East & Africa  Blood Glucose Test Strips Market           

      1. Middle-East                                  
      2. Africa                   

  7. Strategic Analysis                                                            

    1. PESTLE analysis                                             

      1. Political                                     
      2. Economic                                   
      3. Social                                          
      4. Technological                             
      5. Legal                                          
      6. Environmental                                            

    2. Porter’s five analysis                                                    

      1. Bargaining Power of Suppliers                                  
      2. Bargaining Power of Consumers                               
      3. The threat of New Entrants                             
      4. The threat of Substitute Products and Services                               
      5. Competitive Rivalry within the Industry          

    3. Supply Chain Analysis

      1. Raw Material Suppliers
      2. Manufacturers/Producers
      3. Distributors/Retailers/Wholesalers/E-Commerce
      4. End Users

  8. Blood Glucose Test Strips Market Leaders' Analysis      

    1. Abbott Laboratories

      1. Product Analysis                         
      2. Strategic Evaluation and Operations                                   
      3. Financial analysis                        
      4. Legal issues                                
      5. Recent Developments                
      6. SWOT analysis                           
      7. Analyst View                

    2. AgaMatrix, Inc
    3. PHC Holdings Corporation
    4. F. Hoffmann-La Roche Ltd
    5. LifeScan, Inc
    6. Sanofi
    7. Trividia Health Inc
    8. B. Braun Holding GmbH & Co. KG

  9. Competitive Landscape                                                                   

    1. Blood Glucose Test Strips Market share analysis                                                    
    2. Merger and Acquisition Analysis                                                  
    3. Agreements, collaborations, and Joint Ventures                                                       
    4. New Product Launches                                                  

  10. Expert Opinions                                                            

    1. Blood Glucose Test Strips Market  Outlook                                                             
    2. Investment Opportunities                                                           

  11. Appendix                                                             

    1. List of Tables                          
    2. List of Figures

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