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Global Blood Glucose Test Stripes Market – Growth, Trends and Forecast (2017 – 2022)

Global Blood Glucose Test Stripes Market – Growth, Trends and Forecast (2017 – 2022)

The market accounted for USD XX million in 2016 and estimated to reach USD XX million in 2017. The market value is expected to reach USD XX million by 2022, and is expected to grow at a CAGR of XX% from 2016 to 2021.

Global Blood Glucose Test Strips market is growing at a considerable rate owing to factors such as Increase in disease monitoring, increasing prevalence of diabetes and Simplified usage procedure with instant results. The key opportunity for Global Blood Glucose Test Strips market is Test strips are mass market products. However, Lack of innovation since several years is the key challenge faced by the market. The massive untapped markets in the emerging countries is creating a lot of opportunities for the Global Blood Glucose Test Strips market and is expected to grow at a considerable rate during the forecast period.

Drivers and Restraints:

Increase in disease monitoring, increasing prevalence of diabetes and simplified usage procedure with instant results are driving factors for Global Blood Glucose Test Strips market. Market restraints include developed markets reached saturation, high cost per strip and extreme difficulty in product differentiation Global Blood Glucose Test Strips Market segmentation:

Global Blood glucose test stripes Market is segmented by technology into

Wicking technology
Channel technology
Based on mode of distribution into

Hospitals
Over-the-counter
The market is segmented by geography into North America (USA, Canada, Mexico), Europe (UK, Germany, France, Italy, Spain), Asia-Pacific (China, India, Japan, Australia, South Korea), Middle East and Africa (GCC Countries, Egypt, South Africa) and South America (Brazil, Argentina). North America, especially the US, accounted for the largest market share. The Europe and Asia-Pacific markets are expected to grow at a higher CAGR during the forecast period. Economic development and betterment of healthcare facilities are propelling the growth of the market.

Key Players:

Some of the largest market players in the Blood Glucose Test Strips market are

Abbott Laboratories

Acon Laboratories, Inc,

Apex Biotechnology Corporation.

Ascensia Diabetes Care Holdings Ag

B.Braun Melsungen Ag.

HMD Biomedical

Lifescan, Inc.

I-Sens, Inc

Roche Diagnostics

Key Deliverables

Market analysis for the global Blood glucose test stripes market, with region specific assessments and competition analysis.
Market definition along with the identification of key drivers, restraints opportunities and challenges.
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.
Extensively researched competitive landscape section with company profiles of key players with the analysis of their current strategic interests and key financial information.
Identification and analysis of the macro and micro factors that affect the global Blood glucose test stripes market.
Insights of the market in the regions that have the highest potential for growth and to also identify the markets that are still untapped.
Other titles

Blood glucose test stripes – Global Market Analysis (2016-2021)

Global Blood glucose test stripes Market - Business Opportunities and Forecasts (2016 – 2021)

Global Blood glucose test stripes Market - Industry Size, Share, Growth and Analysis (2016 – 2021)


1. Introduction
2. Research Methodology
3. Executive Summary
4. Key Inferences
5. Market Overview and Industry Trends
5.1 Current Market Senario
5.2 Market Overview
5.3 New Developments
5.4 Porter's Five Forces
5.4.1 Bargaining Power of Suppliers
5.4.2 Bargaining Power of Consumers
5.4.3 Threat to new entrants
5.4.4 Threat to substitute products and services
5.4.5 Competitive Rivalry within the industry
6. Drivers, Restraints, Opportunities, and challenges Analysis
6.1 Market Drivers
6.1.1 Increase in disease monitoring
6.1.2 Increasing prevalence of diabetes
6.1.3 Simplified usage procedure with instant results
6.2 Market Restraints
6.2.1 Developed markets reached saturation
6.2.2 high cost per strip
6.2.3 Extreme difficulty in product differentiation
6.3 Current Opportunities in the Market
6.3.1 Test strips are mass market products
6.4 Key Challenges
6.4.1 Lack of innovation since several years
7. Global Blood Glucose Test Strips market segmentation
7.1 By Technology
7.1.1 Wicking technology
7.1.2 Channel technology
7.2 By mode of distribution
7.2.1 Hospitals
7.2.2 Over-the-counter
8. Global Blood Glucose Test Strips market, by Geography
8.1 North America
8.1.1 United States
8.1.2 Canada
8.1.3 Mexico
8.2 Europe
8.2.1 United Kingdom
8.2.2 Germany
8.2.3 France
8.2.4 Italy
8.2.5 Spain
8.2.6 Rest of Europe
8.3 Asia-Pacific (APAC)
8.3.1 China
8.3.2 Japan
8.3.3 India
8.3.4 Australia
8.3.5 South Korea
8.3.6 Rest of APAC
8.4 Middle-East and Africa (MEA)
8.4.1 GCC
8.4.2 Egypt
8.4.3 South Africa
8.4.4 Rest of MEA
8.5 South America
8.5.1 Brazil
8.5.2 Argentina
8.5.3 Rest of Latin America
9. Competitive Landscape
9.1 Merger and acquisition analysis
9.2 New Product Launches
9.3 Agreements, Collaborations and Parterships
10. Key Vendor Analysis
10.1 Abbott Laboratories
10.2 Palmsens
10.3 Acon Laboratories, Inc,
10.4 Apex Biotechnology Corporation
10.5 Ascensia Diabetes Care Holdings Ag
10.6 B.Braun Melsungen Ag
10.7 HMD Biomedical
10.8 Lifescan, Inc.
10.9 I-Sens, Inc
10.10 Roche Diagnostics
11. Future Outlook of the market
12. Analyst outlook for Investment opportunities

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