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Global Blood Glucose Test Strips Market Size study, by Component (Blood Glucose Test strips) and Regional Forecasts 2022-2028

  • BIZ4983373
  • 200 Pages
  • July 2022
  • Healthcare
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Global Blood Glucose Test Strips Market is valued at approximately USD XXX million in 2021 and is anticipated to grow with a healthy growth rate of more than 7% over the forecast period 2022-2028. An instrument used to measure blood glucose is known as a blood glucose test strip. It is a thin, disposable plastic strip that helps manage and monitor diabetes. The strips are covered in glucose oxidase, which interacts with the blood's glucose to indicate the blood sugar level. These are used by diabetics to monitor their blood glucose levels on a regular basis without having to go to a clinic or a diagnostic lab. The factor is driving by increase in the prevalence of diabetes among population and increase in adoption of the strips. For instance, the International Diabetes Federation (IDF) showed that 537 million adult diabetics worldwide in 2021, and that figure will rise to 643 million by 2030. One of the main causes of the illness, particularly Type 2 diabetes, is thought to be obesity. Furthermore, the expansion of government programs to combat diabetes and commercial funding to speed up diabetic R&D. Start-up companies in the diabetes sectors including Glooko, OneDrop, Verily, Vacate, Insulet, Noom, Bigfoot Biomedical, Virta Health, Diabeloop, Orgenesis, etc. are introducing innovative technology to the nation. However, lack of awareness regarding preventive care especially in the developing nations impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Blood Glucose Test Strips Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is leading the market share globally owing to the fastest adoption rate for new medical technologies and availability of healthcare reimbursements. However, Europe is expected to be the fastest growing region due to awareness programs, rising FDA approvals in the US.

Major market players included in this report are:

Abbott

Ascensia Diabetes Care

ARKRAY, Inc.

Roche

Rossmax International Ltd.

Johnson & Johnson

AgaMatrix

Bionime Corporation

ACON Laboratories, Inc.

Trividia Health, Inc.

LifeScan IP Holdings, LLC

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Application offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:

Blood Glucose Test strips

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020

Base year – 2021

Forecast period – 2022 to 2028

Target Audience of the Global Blood Glucose Test Strips Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)

1.2.1. Blood Glucose Test Strips Market, by region, 2020-2028 (USD Million)

1.2.2. Blood Glucose Test Strips Market, by Component, 2020-2028 (USD Million)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Blood Glucose Test Strips Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Blood Glucose Test Strips Market Dynamics

3.1. Blood Glucose Test Strips Market Impact Analysis (2020-2028)

3.1.1. Market Drivers

3.1.1.1. Increase in the prevalence of diabetes among population

3.1.1.2. Increase in adoption of the strips

3.1.2. Market Challenges

3.1.2.1. Lack of awareness regarding preventive care especially in the developing nations

3.1.3. Market Opportunities

3.1.3.1. Product innovations and technological advancements

Chapter 4. Global Blood Glucose Test Strips Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

4.5. Top investment opportunity

4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry

5.1.2. Pre COVID-19 and post COVID-19 market scenario

Chapter 6. Global Blood Glucose Test Strips Market, by Component

6.1. Market Snapshot

6.2. Global Blood Glucose Test Strips Market by Component, Performance - Potential Analysis

6.3. Global Blood Glucose Test Strips Market Estimates & Forecasts by Component, 2018-2028 (USD Million)

6.4. Blood Glucose Test Strips Market, Sub Segment Analysis

6.4.1. Blood Glucose Test strips

Chapter 7. Global Blood Glucose Test Strips Market, Regional Analysis

7.1. Blood Glucose Test Strips Market, Regional Market Snapshot

7.2. North America Blood Glucose Test Strips Market

7.2.1. U.S. Blood Glucose Test Strips Market

7.2.1.1. Component breakdown estimates & forecasts, 2018-2028

7.2.2. Canada Blood Glucose Test Strips Market

7.3. Europe Blood Glucose Test Strips Market Snapshot

7.3.1. U.K. Blood Glucose Test Strips Market

7.3.2. Germany Blood Glucose Test Strips Market

7.3.3. France Blood Glucose Test Strips Market

7.3.4. Spain Blood Glucose Test Strips Market

7.3.5. Italy Blood Glucose Test Strips Market

7.3.6. Rest of Europe Blood Glucose Test Strips Market

7.4. Asia-Pacific Blood Glucose Test Strips Market Snapshot

7.4.1. China Blood Glucose Test Strips Market

7.4.2. India Blood Glucose Test Strips Market

7.4.3. Japan Blood Glucose Test Strips Market

7.4.4. Australia Blood Glucose Test Strips Market

7.4.5. South Korea Blood Glucose Test Strips Market

7.4.6. Rest of Asia Pacific Blood Glucose Test Strips Market

7.5. Latin America Blood Glucose Test Strips Market Snapshot

7.5.1. Brazil Blood Glucose Test Strips Market

7.5.2. Mexico Blood Glucose Test Strips Market

7.6. Rest of The World Blood Glucose Test Strips Market

Chapter 8. Competitive Intelligence

8.1. Top Market Strategies

8.2. Company Profiles

8.2.1. LifeScan IP Holdings, LLC

8.2.1.1. Key Information

8.2.1.2. Overview

8.2.1.3. Financial (Subject to Data Availability)

8.2.1.4. Product Summary

8.2.1.5. Recent Developments

8.2.2. Abbott

8.2.3. Ascensia Diabetes Care

8.2.4. ARKRAY, Inc.

8.2.5. Roche

8.2.6. Rossmax International Ltd.

8.2.7. Johnson & Johnson

8.2.8. AgaMatrix

8.2.9. Bionime Corporation

8.2.10. ACON Laboratories, Inc.

8.2.11. Trividia Health, Inc.

Chapter 9. Research Process

9.1. Research Process

9.1.1. Data Mining

9.1.2. Analysis

9.1.3. Market Estimation

9.1.4. Validation

9.1.5. Publishing

9.2. Research Attributes

9.3. Research Assumption

List of Tables

TABLE 1. Global Blood Glucose Test Strips Market, report scope

TABLE 2. Global Blood Glucose Test Strips Market estimates & forecasts by region 2018-2028 (USD Million)

TABLE 3. Global Blood Glucose Test Strips Market estimates & forecasts by Component 2018-2028 (USD Million)

TABLE 4. Global Blood Glucose Test Strips Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 5. Global Blood Glucose Test Strips Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 6. Global Blood Glucose Test Strips Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 7. Global Blood Glucose Test Strips Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 8. Global Blood Glucose Test Strips Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 9. Global Blood Glucose Test Strips Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 10. Global Blood Glucose Test Strips Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 11. Global Blood Glucose Test Strips Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 12. Global Blood Glucose Test Strips Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 13. Global Blood Glucose Test Strips Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 14. U.S. Blood Glucose Test Strips Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 15. U.S. Blood Glucose Test Strips Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 16. U.S. Blood Glucose Test Strips Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 17. Canada Blood Glucose Test Strips Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 18. Canada Blood Glucose Test Strips Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 19. Canada Blood Glucose Test Strips Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 20. UK Blood Glucose Test Strips Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 21. UK Blood Glucose Test Strips Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 22. UK Blood Glucose Test Strips Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 23. Germany Blood Glucose Test Strips Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 24. Germany Blood Glucose Test Strips Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 25. Germany Blood Glucose Test Strips Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 26. RoE Blood Glucose Test Strips Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 27. RoE Blood Glucose Test Strips Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 28. RoE Blood Glucose Test Strips Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 29. China Blood Glucose Test Strips Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 30. China Blood Glucose Test Strips Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 31. China Blood Glucose Test Strips Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 32. India Blood Glucose Test Strips Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 33. India Blood Glucose Test Strips Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 34. India Blood Glucose Test Strips Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 35. Japan Blood Glucose Test Strips Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 36. Japan Blood Glucose Test Strips Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 37. Japan Blood Glucose Test Strips Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 38. RoAPAC Blood Glucose Test Strips Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 39. RoAPAC Blood Glucose Test Strips Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 40. RoAPAC Blood Glucose Test Strips Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 41. Brazil Blood Glucose Test Strips Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 42. Brazil Blood Glucose Test Strips Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 43. Brazil Blood Glucose Test Strips Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 44. Mexico Blood Glucose Test Strips Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 45. Mexico Blood Glucose Test Strips Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 46. Mexico Blood Glucose Test Strips Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 47. RoLA Blood Glucose Test Strips Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 48. RoLA Blood Glucose Test Strips Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 49. RoLA Blood Glucose Test Strips Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 50. Row Blood Glucose Test Strips Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 51. Row Blood Glucose Test Strips Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 52. Row Blood Glucose Test Strips Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 53. List of secondary sources, used in the study of global Blood Glucose Test Strips Market

TABLE 54. List of primary sources, used in the study of global Blood Glucose Test Strips Market

TABLE 55. Years considered for the study

TABLE 56. Exchange rates considered

 
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