Press release
Global Blood Glucose Test Strips Market by Product Type, End User and by Region-Trends and Forecast to 2025
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 global Blood Glucose Test Strips market is valued at 870 million US$ in 2017 and will reach 1330 million US$ by the end of 2025, growing at a CAGR of 5.5% during 2018-2025.
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The major manufacturers covered in this report
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
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering
North America
Europe
China
Japan
Southeast Asia
India
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Glucose Oxidase
Glucose Dehydrogenase
Other
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Hospital
Clinic
Household
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