Europe Blood Glucose Test Strip Market Types | Glucose Oxidase and Glucose Dehydrogenase | Wicking and Channel Technology and Forecasts by 2023
Blood glucose test strip are small disposable strips which are used along with blood glucose meter for supervising and controlling diabetes. These strips have Glucose Oxidase, Glucose Dehydrogenase and other types of impregnated on them which reacts with glucose present in blood and helps in identifying the blood glucose level. Advances and the development in technology in the European countries has brought the new and innovative devices in the market for monitoring of the glucose level. Also in the Middle East and African market the market is slow growing but in coming it will gain good market as the number of diabetic patients is rising. The important drivers for the glucose test strip market are convenience of continuous glucose monitoring over conventional monitoring, Increasing awareness and need for early detection of hypo and hyperglycaemic diabetes and technological advances.
Prevalence of Diabetes is rising day by day and to monitor blood glucose levels regularly with glucose monitoring devices is an important part of the diagnosis and treatment of diabetes. People suffering from type 1 or type 2 diabetes can live longer and better lives by means of carefully monitoring and regulating their blood glucose levels. High cost and lack of knowledge in handling such devices are the major restraining factors for the growth of blood glucose test strip market. Europe, Middle East & Africa market share of blood glucose test strip market and is expected to grow at the CAGR of 2.8% during forecasted period 2017-2023.
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Key Players for Blood Glucose Test Strip Market:
Some of the key players for this market are: Abbott Laboratories, Acon Laboratories, Inc, Allmedicus, Apex Biotechnology Corporation, Ascensia Diabetes Care Holdings Ag, B.Braun Melsungen Ag, HMD Biomedical, I-Sens, Inc., Lifescan, Inc., Roche Diagnostics and Taidoc Technology Corporation.
Regional Analysis of Blood Glucose Test Strip Market:
North America is a prominent market for Blood Glucose Test Strip market and dominated the Global market share, for Blood Glucose Test Strip market accounting for million and is expected to grow over Billion Dollars by 2023. The European market is the second largest market for Blood Glucose Test Strip market which is expected to grow at Specific GAGR by the end of the forecasted period.
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Major Table of Contents Europe, Middle East & Africa Blood Glucose Test Strip Market Research Report Forecast to 2023:
1 Report Prologue
2 Market Introduction
2.2 Scope Of Study
2.3 Research Objective
2.4 Assumptions & Limitations
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
4 Market Dynamics
4.1.1 Improving Medical Device Regulation
4.1.2 Growing Incidence Number Of Diabetes
4.1.3 Increasing Prevalence Of Diseases
4.1.4 Increasing Inclination Towards Home Healthcare
4.2.1 Risk Associated With Design, Power And Safety
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