QY Research has presented a recently published report on the global market for Blood Glucose Tests in its database that provides in-depth analysis of key market perspectives, trends and their future developments, main actor profiles, restrictions and key factors, segmentation. and estimates. This report highlights the market size of Blood Glucose Testing and CAGR of important segments, thus providing fast and relevant information about the market for Global Blood Glucose Testing.
The global market for Blood Glucose Tests is worth 9330 million dollars. In 2018, it is estimated to reach 12700 million dollars by the end of 2025, with a CAGR of 3.9% during 2019-2025.
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Blood glucose testing, also known as blood glucose monitoring, is one of the main tools involved in controlling diabetes. Blood glucose testing is a process used to measure the concentration of glucose in your blood. Blood glucose testing can be done at home with a blood glucose meter.
A blood test involves pricking your finger with a small needle called a lancet, pulling a drop of blood from your finger, and applying it to the test strip that has been placed on the blood glucose meter.
Blood glucose test strips, lancets and blood glucose meters are used together for blood glucose testing. But the blood glucose test strip is the most widely used, occupying around 85% of the market for blood glucose testing. The classification of blood glucose tests including Glucose Oxidase, Glucose Dehydrogenase and others, and the proportion of Glucose Oxidase in 2017 are around 50.6%.
Blood glucose tests are widely used in hospitals, clinics and homes. The highest proportion of blood glucose tests is used at home, and the proportion of sales is around 72.6% in 2017.
North America is the largest place of consumption, with a consumption market share of almost 31.2% in 2017. After North America, Europe is the second place of consumption with a consumer market share of 29, 5%
Competition in the market is very tight. Roche, LIFESCAN, Abbott, Ascensia, etc. they are industry leaders, and they have major technology and patents, with high-level clients; They have been trained in a monopoly position in this industry.
The main major producers in the blood glucose testing market are:
RocheLIFESCANAbbottAscensiaARKRAYI-SENSOmronB. BraunNipro Dagnostics77 ElectronicsAgaMatrizInfopiaALL MedicusTerumoSANNUOYichengYuwellEdan
The blood glucose testing market includes market size, data segmentation, and geographical analysis of market growth trends, leading companies, and microeconomic information.
The main classifications are as follows:
Glucose Oxidase Glucose Dehydrogenase Other
Larger applications are as follows:
Clinical Hospital
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The Blood Glucose Test Report is designed in a method that helps clients gain complete knowledge of general market scenarios and important sectors.
This report consists of detailed descriptions of the market dynamics of the blood glucose testing and thorough investigation.
Explore the market opportunities of Blood Glucose Tests and identify high potential categories based on detailed analysis of volume and value.
Detailed information about competitive landscapes, recent market trends in blood glucose testing and technological changes that might be useful for companies competing in the blood glucose testing industry.
Gaining knowledge of the market competitive landscape of Blood Glucose Testing is based on detailed analysis of brand participation to plan effective market positioning.