Lucintel Forecasts The Global Blood Glucose Test Strip Market To Reach $17 Billion By 2030

By Author: Lucintel LLC
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According to a market report by Lucintel, the future of the global blood glucose test strip market looks promising with opportunities in the hospital, home care, and diagnostic laboratory markets. The global blood glucose test strip market is expected to reach an estimated $17 billion by 2030, at a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are increasing prevalence of diabetes, growing awareness towards the benefits of self-monitoring blood glucose, and increasing adoption of continuous glucose monitoring (CGM) systems.
A more than 150-page report to understand trends, opportunity and forecast in global blood glucose test strip market to 2030 by type (thick film electrochemical films, thin film electrochemical films, and optical strips), technology (glucose oxidase and glucose dehydrogenase), end use (hospitals, home care, and diagnostic laboratories), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that thick film electrochemical films will remain the largest segment over the forecast period as it is more affordable for patients as well as healthcare ...
... providers.
Within this market, hospitals is expected to remain the largest segment due to growing number of patients are being diagnosed with diabetes.
Download sample by clicking on blood glucose test strip market.
North America will remain the largest region due to increasing healthcare expenditure, growing adoption of advanced technologies, and rising government intiatives to combat diabetes in the region.
Abbott, F. Hoffmann-La Roche, LifeScan IP, i-SENS, Ascensia Diabetes Care, AgaMatrix, Elektronika Sales, Universal Biosensors, Nipro, TaiDoc Technology Corporation are the major suppliers in the blood glucose test strip market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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