Los Angeles, CA -- (SBWIRE) -- 03/20/2019 -- Blood Glucose Test Strips are simple plastic strips that are used with a glucose meter to monitor the levels of glucose in 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.
The global Blood Glucose Test Strips market was 8750 million US$ in 2018 and is expected to 11200 million US$ by the end of 2025, growing at a CAGR of 3.6% between 2019 and 2025.
This report studies the Blood Glucose Test Strips market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Blood Glucose Test Strips in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Roche
LifeScan
Abbott
Ascensia
ARKRAY
I-SENS
Omron
B. Braun
Trividia Health
77 Elektronika
AgaMatrix
ALL Medicus
Terumo
Sinocare
Yicheng
Yuwell
Edan
By the product type, the market is primarily split into
Glucose Oxidase
Glucose Dehydrogenase
By the end users/application, this report covers the following segments
Hospital
Clinic
Household
We can also provide the customized separate regional or country-level reports, for the following regions:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Rest of Asia-Pacific
Europe
Germany
France
UK
Italy
Spain
Russia
Rest of Europe
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
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