Press release
Blood Glucose Test Strips Market will Expected at 3.6% CAGR to reach 11200 million US$ by the end of 2025 | Roche, LifeScan, Abbott
The Global Blood Glucose Test Strips market is carefully researched in the report while largely concentrating on top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is specially prepared to explore key aspects of the global Blood Glucose Test Strips Market. For instance, the market dynamics section digs deep into the drivers, restraints, trends, and opportunities of the global Blood Glucose Test Strips market. With qualitative and quantitative analysis, we help you with thorough and comprehensive research on the global Blood Glucose Test Strips market. We have also focused on SWOT, PESTLE, and Porter’s Five Forces analyses of the global Blood Glucose Test Strips market.The global Blood Glucose Test Strips market was 8750 million US$ in 2018 and is expected to 11200 million US$ by the end of 2025, growing at a CAGR of 3.6% between 2019 and 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.
North America is the largest sales place, with a sales market share nearly 31.2% in 2017. Following North America, Europe is the second largest sales place with the sales market share of 29.5%.
Market competition is intense. Roche, LIFESCAN, Abbott, Ascensia, 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.
In previous years, affected by demand, there is a rapid increase of blood glucose test strips industry. During 2013–2018, blood glucose test strips industry kept increasing at a high speed, which in China revenue CAGR is 5.5% in 2013-2018. In the next few years, blood glucose test strips industry will maintain increasing at a relatively high growth rate. Investors are still optimistic about this area; the future will still have more new investment enter the field.
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Global Blood Glucose Test Strips Market: Competitive Rivalry
The chapter on company profiles studies the various companies operating in the global Blood Glucose Test Strips market. It evaluates the financial outlooks of these companies, their research and development statuses, and their expansion strategies for the coming years. Analysts have also provided a detailed list of the strategic initiatives taken by the Blood Glucose Test Strips market participants in the past few years to remain ahead of the competition.
Key players cited in the report: Roche, LifeScan, Abbott, Ascensia, ARKRAY, I-SENS, Omron, B. Braun, Trividia Health, 77 Elektronika, AgaMatrix, ALL Medicus, Terumo, Sinocare, Yicheng, Yuwell, Edan
Global Blood Glucose Test Strips Market: Type Segments: Glucose Oxidase, Glucose Dehydrogenase
Global Blood Glucose Test Strips Market: Application Segments: Hospital, Clinic, Household
Global Blood Glucose Test Strips Market: Regional Segments
The chapter on regional segmentation details the regional aspects of the global Blood Glucose Test Strips market. This chapter explains the regulatory framework that is likely to impact the overall market. It highlights the political scenario in the market and the anticipates its influence on the global Blood Glucose Test Strips market.
• The Middle East and Africa (GCC Countries and Egypt)
• North America (the United States, Mexico, and Canada)
• South America (Brazil etc.)
• Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
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Report Highlights
• Comprehensive pricing analysis on the basis of product, application, and regional segments
• The detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the global Blood Glucose Test Strips market
• Deep insights about regulatory and investment scenarios of the global Blood Glucose Test Strips market
• Analysis of market effect factors and their impact on the forecast and outlook of the global Blood Glucose Test Strips market
• A roadmap of growth opportunities available in the global Blood Glucose Test Strips market with the identification of key factors
• The exhaustive analysis of various trends of the global Blood Glucose Test Strips market to help identify market developments
Table of Contents
Report Overview: It includes six chapters, viz. research scope, major manufacturers covered, market segments by type, Blood Glucose Test Strips market segments by application, study objectives, and years considered.
Global Growth Trends: There are three chapters included in this section, i.e. industry trends, the growth rate of key producers, and production analysis.
Blood Glucose Test Strips Market Share by Manufacturer: Here, production, revenue, and price analysis by the manufacturer are included along with other chapters such as expansion plans and merger and acquisition, products offered by key manufacturers, and areas served and headquarters distribution.
Market Size by Type: It includes analysis of price, production value market share, and production market share by type.
Market Size by Application: This section includes Blood Glucose Test Strips market consumption analysis by application.
Profiles of Manufacturers: Here, leading players of the global Blood Glucose Test Strips market are studied based on sales area, key products, gross margin, revenue, price, and production.
Blood Glucose Test Strips Market Value Chain and Sales Channel Analysis: It includes customer, distributor, Blood Glucose Test Strips market value chain, and sales channel analysis.
Market Forecast – Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.
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