Blood Glucose Test Strips Market Research Report showing Compound annual growth rate and forecast till 2024 Planet Market Reports

Blood Glucose Test Strips Market Research Growth 2024

Blood Glucose Test Strips are simple plastic strips that are used with a glucose meter to monitor the levels of glucose in the 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.

According to this study, over the next five years, the Blood Glucose Test Strips market will register a 3.4% CAGR in terms of revenue, the global market size will reach US$ 10400 million by 2024, from US$ 8750 million in 2019. In particular, this report presents the global market share sales and revenue of key companies in Blood Glucose Test Strips business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Blood Glucose Test Strips market by product type, application, key manufacturers and key regions and countries.

This study considers the Blood Glucose Test Strips value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Glucose Oxidase
Glucose Dehydrogenase
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Hospital
Clinic
Household

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

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The report also presents the market competitive landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in Chapter 3.
Roche
LifeScan
Abbott
Ascensia
ARKRAY
I-SENS
Omron
B. Braun
Trivia Health
77 Elektronika
AgaMatrix
ALL Medicus
Terumo
Sinocare
Yicheng
Yuwell
Edan

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the Global Blood Glucose Test Strips consumption value & volume by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Blood Glucose Test Strips market by identifying its various sub-segments.
Focuses on the key global Blood Glucose Test Strips manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans in next few years.
To analyze the Blood Glucose Test Strips with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks.
To project the consumption of Blood Glucose Test Strips submarkets, with respect to key regions along with their respective key countries.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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