Blood Glucose Test Strip Market is Forecast to Cross US$ 17.0 Billion by 2024

The Blood Glucose Test Strip Market is expected to exceed more than US$ 17.00 Billion by 2024 at a CAGR of 6.70% in the given forecast period.

New York, November 19, 2018: As glucometers are very easy to deal with subsequently more individuals are wanting to utilize the glucometers for their own utilization (home utilize). The information can be stockpiled Glucometer up to a certain limit. Estimating glucose levels are vital to take prescription. Inside seconds glucometers are furnishing the outcomes with accuracy. Up gradation in glucometers are continuous for better utilization and more accuracy.

The Blood Glucose Test Strip Market is expected to exceed more than US$ 17.00 Billion by 2024 at a CAGR of 6.70% in the given forecast period.

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Market Research Engine has published a new report titled as “Blood Glucose Test Strip Market By Product (Glucose Oxidase, Glucose Dehydrogenase, Other); By Application (Hospital, Clinic, Household) and by Regional Analysis - Global Forecast by 2018 – 2024”.

The Blood Glucose Test Strip Market is segmented on the lines of its technology, component, vehicle type and regional. On the basis of product segmentation it includes Glucose Oxidase, Glucose Dehydrogenase and Other. Based on application classification it covers Hospitals, Clinic and Househod. The Blood Glucose Test Strip Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, and Rest of World. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

The Blood Glucose Test Strip Market has been segmented as below:

By Product:

Glucose Oxidase
Glucose Dehydrogenase
Other

By Application:

Hospital
Clinic
Household

The major driving factors of Blood Glucose Test Strip Market are as follows:

Growth in diabetes population
Development of strips through channel technology
Rising disposable income of emerging nations

 

The major restraining factors of Blood Glucose Test Strip Market are as follows:

Product recall due to device inefficiency
Intense competition leading to pricing pressures

The major opportunities of Blood Glucose Test Strip Market are as follows:

Government giving subsidies and conducting awareness programs
Technological advancements such as accuracy of the test

This report provides:

1) An overview of the global market for Blood Glucose Test Strip Marketand related technologies.
2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2024.
3) Identifications of new market opportunities and targeted promotional plans for Blood Glucose Test Strip Market.

4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.

Report Scope:

The scope of the report includes a detailed study of Blood Glucose Test Strip Marketwith the reasons given for variations in the growth of the industry in certain regions.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Roche, LIFESCAN, Abbott, Panasonic (Bayer), ARKRAY, I-SENS, Omron, B. Braun, Nipro Diagnostics, 77 Elektronika, AgaMatrix, Infopia, ALL Medicus, Terumo, Hainice Medical, SANNUO, Yicheng, Yuwell and EDAN. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

Reasons to Buy this Report:

Obtain the most up to date information available on all Blood Glucose Test Strip Market.
Identify growth segments and opportunities in the industry.
Facilitate decision making on the basis of strong historic and forecast of Blood Glucose Test Strip Market.
Assess your competitor’s refining portfolio and its evolution.

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Table of Contents:

Introduction
Research Methodology
Report Summary
Market Overview
4.1 Introduction
4.2 Drivers
4.3 Restrains
4.4 Industry Trends
4.5 Porter’s Five Forces Analysis
Blood Glucose Test Strip Market Analysis, By Product
6. Blood Glucose Test Strip Market Analysis, By Application
6.1 Hospital
6.2 Clinic
6.3 Household
Blood Glucose Test Strip Market Analysis, By Region
8. Competitive Overview
9. Company Profiles
9.1 Roche
9.2 LIFESCAN
9.3 Abbott
9.4 ALL Medicus
9.5 Terumo
9.6 I-SENS
9.7 Omron
9.8 Panasonic (Bayer)
9.9 ARKRAY
9.10 77 Elektronika
9.11 AgaMatrix
9.12 Infopia
9.13 B. Braun
9.14 Nipro Diagnostics
9.15 Hainice Medical
9.16 SANNUO
9.17 Yicheng
9.18 Yuwell
9.19 EDAN

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Contact Info:
Name: John Bay
Email: Send Email
Organization: Market Research Engine
Website: https://www.marketresearchengine.com/

Release ID: 447950