Los Angeles, CA -- (SBWIRE) -- 02/06/2019 -- QY Research has come up with a newly published report on global Blood Glucose Test Strips market in its database that provides an in-depth analysis of the key market insights, its future trends, and developments, profiles of leading players, key restraints and drivers, segmentation and forecasting. The report highlights the Blood Glucose Test Strips market size and CAGR of the important segments, thus providing quick relevant information about the Global Blood Glucose Test Strips market.
The Global Blood Glucose Test Strips market is valued at 870 million US$ in 2018 is expected to reach 1330 million US$ by the end of 2025, growing at a CAGR of 5.5% during 2019-2025.
Blood Glucose Test Strips are simple plastic strips that are used with a glucose meter to monitor the levels of glucose in the human body. Along with the development of Chinese domestic technology, there is a lot Chinese local manufacturer can produce blood glucose test strips (along with glucose meters), with the increasing demand, more and more manufacturers will go into blood glucose test strips industry. The classification of Blood Glucose Test Strips includes Glucose Oxidase, Glucose Dehydrogenase and other, and the proportion of Glucose Oxidase in 2016 is about 51%.
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Blood Glucose Test Strips is widely used to treat Hospital, Clinic, and Household. The most proportion of Blood Glucose Test Strips is used for household, and the sales proportion is about 73.5% in 2016.
Europe region is the largest supplier of Blood Glucose Test Strips, with a production market share nearly 36.6% in 2016. North America is the second largest supplier of Blood Glucose Test Strips, enjoying production market share nearly 30.7% in 2016.
North America is the largest sales place, with a sales market share nearly 31.9% in 2016. Following North America, Europe is the second largest sales place with the sales market share of 29.2%.
Market competition is intense. Roche, LIFESCAN, Abbott, Panasonic (Bayer), 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.
This report focuses on Blood Glucose Test Strips volume and value at the global level, regional level, and company level. From a global perspective, this report represents the overall Blood Glucose Test Strips market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China, and Japan.
At the company level, this report focuses on the production capacity, ex-factory price, revenue, and market share for each manufacturer covered in this report.
Major Key Manufacturers of Blood Glucose Test Strips Market are:
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
EDAN
Blood Glucose Test Strips market includes market size, segmentation data and geographical analysis of market growth trends, leading companies, and microeconomic information.
Major Classification as follows:
Glucose Oxidase
Glucose Dehydrogenase
Other
Major Application as follows:
Hospital
Clinic
Household
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