openPR Logo
Press release

Blood Glucose Test Strips Market Projected to Reach US$ 17.57 Billion by 2027 | CAGR of 8.60%

07-11-2022 04:06 PM CET | Health & Medicine

Press release from: IMARC Group

Blood Glucose Test Strips Market Projected to Reach US$ 17.57

IMARC Group's latest research report, titled "Blood Glucose Test Strips Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027," offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

The global blood glucose test strips market share reached a value of US$ 10.53 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 17.57 Billion by 2027, exhibiting a CAGR of 8.60% during 2022-2027. A blood glucose test strip is an essential component of blood glucose meters that helps monitor and control diabetes. It is a small disposable plastic strip equipped with glucose oxidase, which reacts with the glucose present in the blood to indicate the glucose level. Patients with diabetes utilize blood glucose test strips to regularly track their blood glucose levels in the comfort of their homes. In line with this, the widespread adoption of the strips as they allow the patient to perform their test regularly without having to visit a diagnostic laboratory is positively influencing the market growth.

Request Free Sample Report (Exclusive Offer on this report):  https://www.imarcgroup.com/blood-glucose-test-strips-market/requestsample

Important Attribute and highlights of the Report:

Detailed analysis of the global market share
Market Segmentation by type, technology, distribution channel and end user.
Historical, current, and projected size of the market in terms of volume and value
Latest industry trends and developments
Competitive Landscape for Blood Glucose Test Strips Market
Strategies of major players and product offerings

The global market is majorly driven by the increasing prevalence of diabetes among the population across the globe. Apart from this, the convenience offered by self-blood glucose testing over the traditional methods is another major growth-inducing factor. Moreover, the immense support provided by the governments of various countries by introducing blood glucose testing strips at subsidized rates is creating a positive outlook for the market. Additionally, the growing awareness regarding diabetes preventive care is also providing a boost to the market.

Key Players Included in Global Blood Glucose Test Strips Market Research Report:

77 Elektronika Kft.
Abbott Laboratories
AgaMatrix Inc.
Ascensia Diabetes Care Holdings AG (PHC Holdings)
B. Braun Melsungen Aktiengesellschaft
Bioland Technology Ltd.
Bionime Corporation
BTNX Inc.
Microlife Corporation (Midas Company Limited)
Norditalia Group S.R.L.
Rossmax International Ltd.
Unistrip Technologies LLC.

Ask Analyst for Instant Discount and Download Full
Report with TOC & List of Figure: https://www.imarcgroup.com/blood-glucose-test-strips-market

COVID-19 Impact Overview:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Key Market Segmentation:

Breakup by Type:

Thick Film Electrochemical Films
Thin Film Electrochemical Films
Optical Strips

Breakup by Technology:

Glucose Dehydrogenase (GDH)
Glucose Oxidase (GOD)
Breakup by Distribution Channel:

Online
Offline

Breakup by End User:

Individuals
Hospitals and Clinics
Others

Breakup by Region:

North America (United States, Canada)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

TOC for the Blood Glucose Test Strips Market Research Report:

Preface
Scope and Methodology
Executive Summary
Introduction
Global Blood Glucose Test Strips Market
SWOT Analysis
Value Chain Analysis
Price Analysis
Competitive Landscape

Browse More Reports by IMARC Group:

Medical Device Outsourcing Market Research Report 2022-2027: https://www.imarcgroup.com/medical-device-outsourcing-market
Hand Tools Market Research Report 2022-2027: https://www.imarcgroup.com/hand-tools-market
Companion Animal Health Market Research Report 2022-2027: https://www.imarcgroup.com/companion-animal-health-market
India Calcium Chloride Market Research Report 2022-2027: https://www.imarcgroup.com/india-calcium-chloride-market
Tower Crane Market Research Report 2022-2027: https://www.imarcgroup.com/tower-crane-market

Contact us:

IMARC Group

30 N Gould St, Ste R

Sheridan, WY (Wyoming) 82801 USA

Email: Sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Who we are:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Blood Glucose Test Strips Market Projected to Reach US$ 17.57 Billion by 2027 | CAGR of 8.60% here

News-ID: 2676689 • Views:

More Releases from IMARC Group

India Seafood Market Outlook 2025-2033: Key Trends, Size, Share and Growth Insights
India Seafood Market Outlook 2025-2033: Key Trends, Size, Share and Growth Insig …
As indicated in the latest market research report published by IMARC Group, titled "India Seafood Market Report by Type (Fish, Shrimps, Others), Form (Fresh/Chilled, Frozen/Canned, Processed), Distribution Channel (Off Trade, On Trade), and Region 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well as recent advancements in the market. Market Size & Future Growth Potential: The India seafood
India Mutual Funds Market: Size, Share, Trends, Growth and Industry Outlook 2025-2033
India Mutual Funds Market: Size, Share, Trends, Growth and Industry Outlook 2025 …
Mutual Funds Market in India 2025: Base Year: 2024 Historical Years: 2019-2024 Forecast Years: 2025-2033 Market Size in 2024: USD 2.50 Billion Market Size in 2033: USD 5.90 Billion Market Growth Rate (CAGR) 2025-2033: 10.03% How Big is the India Mutual Funds Industry? The India mutual funds market size reached USD 2.50 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 5.90 Billion by 2033, exhibiting a growth rate (CAGR) of 10.03% during 2025-2033. Request
Dimethyl Ether Market Valuation to Reach USD 15.73 Billion by 2033 - Industry Expanding at a CAGR of 8.09%
Dimethyl Ether Market Valuation to Reach USD 15.73 Billion by 2033 - Industry Ex …
Market Overview: The dimethyl ether market is experiencing significant growth momentum, driven by increasing demand for cleaner fuel alternatives, expanding applications in various industries, and supportive government policies promoting sustainable energy solutions. According to IMARC Group's latest research publication, "Dimethyl Ether Market Size, Share, Trends and Forecast by Raw Material, Application, End-Use Industry, and Region, 2025-2033", the global dimethyl ether market size reached USD 7.22 Billion in 2024. Looking forward, IMARC
Glucometer Manufacturing Plant Report 2025: Unit Setup, Cost and Requirements, Project Economics
Glucometer Manufacturing Plant Report 2025: Unit Setup, Cost and Requirements, P …
Setting up a glucometer manufacturing plant requires thorough market research alongside a minute understanding of numerous operating factors such as unit processes, purchasing of raw materials, utility supply, infrastructure creation, equipment and technology specifications, human resource planning, logistics, and cash outlay. IMARC Group's report titled "Glucometer Manufacturing Plant Cost Analysis Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a

All 5 Releases


More Releases for Glucose

Glucose Syrup And Glucose Fructose Syrup Market Size by Application, Type, Geogr …
USA, New Jersey- According to Market Research Intellect, the global Glucose Syrup And Glucose Fructose Syrup market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period. The glucose syrup and glucose fructose syrup market is witnessing consistent growth due to their widespread use across the food and
Industrial Glucose Market Is Driven By Industrial Glucose In Various Industries, …
Industrial glucose, also known as dextrose, serves as a vital ingredient across various industries, including food and beverage, pharmaceuticals, cosmetics, and the production of biofuels. This versatile sweetener and carbohydrate source play a fundamental role in manufacturing processes. The global industrial glucose market has witnessed significant growth, driven by key drivers and marked by noteworthy trends that are reshaping its applications and demand across industries. Download Free PDF Sample Report @https://www.globalinsightservices.com/request-sample/GIS25657/?utm_source=OpenPR-Sneha&utm_medium=industrial-glucose-market Key
Continuous-Blood Glucose Monitoring Market - Continuous Monitoring, Embracing St …
Newark, New Castle, USA - new report, titled Continuous-Blood Glucose Monitoring Market The report has been put together using primary and secondary research methodologies, which offer an accurate and precise understanding of the Continuous-Blood Glucose Monitoring market. Analysts have used a top-down and bottom-up approach to evaluate the segments and provide a fair assessment of their impact on the global Continuous-Blood Glucose Monitoring market. The report offers an overview of
Glucose Elevating Agents Market - Elevate Control, Empower Health: Innovations i …
Newark, New Castle, USA - new report, titled Glucose Elevating Agents Market The report has been put together using primary and secondary research methodologies, which offer an accurate and precise understanding of the Glucose Elevating Agents market. Analysts have used a top-down and bottom-up approach to evaluate the segments and provide a fair assessment of their impact on the global Glucose Elevating Agents market. The report offers an overview of
Blood Glucose Monitoring Market analysis report- with Leading players, Applicati …
Blood Glucose Monitoring Market The Global Blood Glucose Monitoring Market is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. One of the main aims of diabetes treatment is to keep blood glucose levels within a specified target range. The key is balancing your food with your activity, lifestyle and diabetes medicines. Blood glucose monitoring
Asia Pacific Blood Glucose Monitoring Market by Product Type, Invasive Glucose M …
Asia Pacific Blood Glucose Monitoring Market - Overview Blood glucose monitoring is the process of testing the glucose level in the blood. It helps to identify the blood glucose level within the specified target range. Thus, it helps to understand the food intake, exercise, insulin, and blood glucose level. The blood glucose monitoring devices provide useful information to manage diabetes. It helps to track the progress of treatment goal as well