Press release
Blood Glucose Test Strips market is projected to reach 1330 Million US$ by 2025
This study focuses on the production side and consumption side of Blood Glucose Test Strips, presents the global Blood Glucose Test Strips market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.In terms of production side, this report researches the Blood Glucose Test Strips capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Blood Glucose Test Strips by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
Blood Glucose Test Strips are simple plastic strips that are used with a glucose meter to monitor the levels of glucose in human body.
Along with the development of Chinese domestic technology, there is a lot Chinese local manufacturer can produce blood glucose test strips (along with glucose meters), with the increasing demand, more and more manufactures will go into blood glucose test strips industry.
The classification of Blood Glucose Test Strips includes Glucose Oxidase, Glucose Dehydrogenase and other, and the proportion of Glucose Oxidase in 2016 is about 51%.
Blood Glucose Test Strips is widely used to treat Hospital, Clinic and Household. The most proportion of Blood Glucose Test Strips is used for household, and the sales proportion is about 73.5% in 2016.
Europe region is the largest supplier of Blood Glucose Test Strips, with a production market share nearly 36.6% in 2016. North America is the second largest supplier of Blood Glucose Test Strips, enjoying production market share nearly 30.7% in 2016.
North America is the largest sales place, with a sales market share nearly 31.9% in 2016. Following North America, Europe is the second largest sales place with the sales market share of 29.2%.
Market competition is intense. Roche, LIFESCAN, Abbott, Panasonic (Bayer), etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
The Blood Glucose Test Strips market was valued at 870 Million US$ in 2017 and is projected to reach 1330 Million US$ by 2025, at a CAGR of 5.5% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Blood Glucose Test Strips.
This report includes the following manufacturers; we can also add the other companies as you want.
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
EDAN
Market Segment by Product Type
Glucose Oxidase
Glucose Dehydrogenase
Other
Market Segment by Application
Hospital
Clinic
Household
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Market size split by Region
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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