According to a market report by Lucintel, the future of the global blood glucose test strip market looks promising with opportunities in the hospital, home care, and diagnostic laboratory markets. The global blood glucose test strip market is expected to reach an estimated $17 billion by 2030, at a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are increasing prevalence of diabetes, growing awareness towards the benefits of self-monitoring blood glucose, and increasing adoption of continuous glucose monitoring (CGM) systems.
A more
than 150-page report to understand trends, opportunity and forecast in global blood
glucose test strip market to 2030 by type (thick film electrochemical films,
thin film electrochemical films, and optical strips), technology (glucose
oxidase and glucose dehydrogenase), end use (hospitals, home care, and
diagnostic laboratories), and region (North America, Europe, Asia Pacific, and
the Rest of the World).
Lucintel
forecasts that thick film electrochemical films will remain the largest segment
over the forecast period as it is more affordable for patients as well as
healthcare providers.
Within
this market, hospitals is expected to remain the largest segment due to growing
number of patients are being diagnosed with diabetes.
Download
sample by clicking on blood
glucose test strip market.
North
America will remain the largest region due to increasing healthcare
expenditure, growing adoption of advanced technologies, and rising government
intiatives to combat diabetes in the region.
Abbott, F.
Hoffmann-La Roche, LifeScan IP, i-SENS, Ascensia Diabetes Care, AgaMatrix,
Elektronika Sales, Universal Biosensors, Nipro, TaiDoc Technology Corporation
are the major suppliers in the blood
glucose test strip market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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