The blood glucose test
strip market includes establishments involved in manufacturing test strips used
for blood sugar level measurement. Blood glucose test strips are thin paper or
plastic strips which help to monitor blood glucose level and control diabetes
symptoms. Test strips are generally used in medical devices called blood
glucose meters to test blood glucose levels. TBRC’s report covers the diabetes
market.
Read report:
The global blood glucose test
strips market by value grew at a compound annual growth rate (CAGR) of 3% in
2017. This growth was mainly due to the rising prevalence of diabetes among the
general population, increasing healthcare spending in both developing and
developed countries, economic growth, and rising per capita income which lead
to greater use of diabetes care devices, and growing awareness about diabetes
care in emerging countries such as China and India. Further its market is
expected to inflate at a CAGR of 6% by 2021 after considering future trends.
The blood glucose test strip
market in Brazil accounts for almost 4.5% of the global blood glucose test
strip market. Of the featured countries, Brazil’s blood glucose test strip
market’s share of the
GDP is the highest in the world accounting for 0.024%,
whereas the per capita blood glucose test strips expenditure in Brazil is the
eighth highest in the world at $2.29.
This growth is due to increasing
diabetes prevalence, increasing awareness for utilization of blood glucose test
strips, and increasing expenditure on healthcare.
Sample report:
Blood Glucose Test Strips Market
Segments
Glucose dehydrogenase
had the highest CAGR of 4% during 2013-2017; this segment is estimated to grow
at a CAGR of 6.44% during 2017-2021.
Glucose oxidase had the second highest CAGR of 2.5% during
2013-2017; this segment is estimated to grow at a CAGR of almost 3% during
2017-2021.
Companies
included in the report are Roche,
Johnson & Johnson, Ascensia, Abbot Laboratories and Trividia Health.
Impact of each company on each geography with future trends and expected
mergers & acquisitions are also mentioned in the report.
About The
Business Research Company.
The Business Research Company is a Business Intelligence Company
which excels in company, market and consumer research. It has offices in the
UK, the US and India and a network of trained researchers in 15 countries
globally.
Contact
Information
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
