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Alarming Increase in Diabetes Patients Propels Demand for Blood Glucose Test Strips Worldwide

Press Release   •   Jan 30, 2018 06:54 EST

Qyresearchreports include new market research report "Global Blood Glucose Test Strips Market Research Report 2017" to its huge collection of research reports.

QYResearchReports.com has recently announced the addition of a report titled, “Global Blood Glucose Test Strips Market Research Report 2017” to its depository. The 110 paged report offers significant insights into the vital aspects of the market including the prominent catalysts, challenges, developments, and trends in the global market for blood glucose test strips. The report also covers the supply and demand dynamics, analysis of the technological advancements, and detailed profiles of the major market players.

An important component of blood glucose testing, blood glucose test strips are small strips of plastic that are disposable. After placing blood on these test strips, it starts reacting with glucose oxidase present in the strip, producing gluconic acid. The test strip is usually connected to electric terminals that allow the meter to reveal the level of gluconic acid present in the patient’s blood.

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As the incidence of diabetes and related disorders has been escalating to an alarming extent recently, the global market for blood glucose test strips is slated for rapid advancement. Studies have found that diabetes is the second largest market in therapeutics in developed countries, following only oncology. The developing economies such as China, Brazil, and India are also registering a high prevalence of diabetes. Although the U.S. has been leading the market in terms of demand, emerging markets such as India and China possess greater potential for expansion, by virtue of an immense patient pool.

Global Blood Glucose Test Strips market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
Roche Holdings AG
LIFESCAN
BAYER AG
Abbott Laboratories
ARKRAY
I-SENS

A number of physiological factors such as obesity, along with fast paced lifestyles have been responsible for the increasing frequency of diabetes. Lack of exercise, sedentary lifestyles, unhealthy eating habits, and growing awareness about the need for blood glucose tests have been aiding the growth of the global market for blood glucose test strips. The increasing percentage of geriatric population on a global scale has also been a significant growth driver of the worldwide market for blood glucose test strips.

Technological advancements with respect to monitoring devices is another factor contributing towards the growth of the market. Self-monitoring blood glucose testing devices that feature superior accuracy, functionality, user-friendliness, durability, and portability are being made available by manufacturers. However, several surveys indicate that several diabetes patients do not perform blood glucose tests as frequently as recommended. The lack of awareness among the third world diabetes patients might also emerge as a key challenge.

The global market for blood glucose test strips has been segmented by region, end user, and product type. By product type, the global blood glucose test strips market has been segmented into glucose dehydrogenase and glucose oxidase. Based on end user, the global market for blood glucose test strips has been segmented into clinics and hospitals. Of these, the hospitals segment is expected to emerge as the leading segment over the forthcoming years.

BAYER AG, Roche Holdings AG, 77 Elektronika, TERUMO CORPORATION, Yuwell, LIFESCAN, Omron, Infopia Co., LTD, Yicheng, ARKRAY, AgaMatrix Inc, EDAN, ALL Medicus, I-SENS, Abbott Laboratories, SANNUO, and Nipro Diagnostics are some of the leading companies operating in the global blood glucose test strips market.

Table of Contents

1 Blood Glucose Test Strips Market Overview
1.1 Product Overview and Scope of Blood Glucose Test Strips
1.2 Blood Glucose Test Strips Segment by Type (Product Category)
1.3 Global Blood Glucose Test Strips Segment by Application
1.4 Global Blood Glucose Test Strips Market by Region (2012-2022)
1.5 Global Market Size (Value) of Blood Glucose Test Strips (2012-2022)
1.5.1 Global Blood Glucose Test Strips Revenue Status and Outlook (2012-2022)
1.5.2 Global Blood Glucose Test Strips Capacity, Production Status and Outlook (2012-2022)

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2 Global Blood Glucose Test Strips Market Competition by Manufacturers
2.1 Global Blood Glucose Test Strips Capacity, Production and Share by Manufacturers (2012-2017)
2.1.1 Global Blood Glucose Test Strips Capacity and Share by Manufacturers (2012-2017)
2.1.2 Global Blood Glucose Test Strips Production and Share by Manufacturers (2012-2017)
2.2 Global Blood Glucose Test Strips Revenue and Share by Manufacturers (2012-2017)
2.3 Global Blood Glucose Test Strips Average Price by Manufacturers (2012-2017)
2.4 Manufacturers Blood Glucose Test Strips Manufacturing Base Distribution, Sales Area and Product Type
2.5 Blood Glucose Test Strips Market Competitive Situation and Trends

3 Global Blood Glucose Test Strips Capacity, Production, Revenue (Value) by Region (2012-2017)
3.1 Global Blood Glucose Test Strips Capacity and Market Share by Region (2012-2017)
3.2 Global Blood Glucose Test Strips Production and Market Share by Region (2012-2017)
3.3 Global Blood Glucose Test Strips Revenue (Value) and Market Share by Region (2012-2017)
3.4 Global Blood Glucose Test Strips Capacity, Production, Revenue, Price and Gross Margin (2012-2017)
3.5 North America Blood Glucose Test Strips Capacity, Production, Revenue, Price and Gross Margin (2012-2017)
3.6 Europe Blood Glucose Test Strips Capacity, Production, Revenue, Price and Gross Margin (2012-2017)
3.7 China Blood Glucose Test Strips Capacity, Production, Revenue, Price and Gross Margin (2012-2017)

4 Global Blood Glucose Test Strips Supply (Production), Consumption, Export, Import by Region (2012-2017)
4.1 Global Blood Glucose Test Strips Consumption by Region (2012-2017)
4.2 North America Blood Glucose Test Strips Production, Consumption, Export, Import (2012-2017)
4.3 Europe Blood Glucose Test Strips Production, Consumption, Export, Import (2012-2017)
4.4 China Blood Glucose Test Strips Production, Consumption, Export, Import (2012-2017)
4.5 Japan Blood Glucose Test Strips Production, Consumption, Export, Import (2012-2017)
4.6 Southeast Asia Blood Glucose Test Strips Production, Consumption, Export, Import (2012-2017)
4.7 India Blood Glucose Test Strips Production, Consumption, Export, Import (2012-2017)

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5 Global Blood Glucose Test Strips Production, Revenue (Value), Price Trend by Type
5.1 Global Blood Glucose Test Strips Production and Market Share by Type (2012-2017)
5.2 Global Blood Glucose Test Strips Revenue and Market Share by Type (2012-2017)
5.3 Global Blood Glucose Test Strips Price by Type (2012-2017)
5.4 Global Blood Glucose Test Strips Production Growth by Type (2012-2017)

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