Change Language

Select Language

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Blood Glucose Test Strips Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global blood glucose test strips market reached a value of US$ 10.53 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 17.57 Billion by 2027, exhibiting a CAGR of 8.60% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Blood glucose test strips refer to small, disposable plastic or paper strips used to monitor blood glucose levels and control diabetes symptoms. They are manufactured using polyolefin, polyamide, polysulfone and cellulose materials. A blood glucose test strip comprises several components, such as hydrophilic, adhesive, sensors, enzymes and electrode layers. They are also soaked in glucose oxidase that reacts with glucose present in the blood sample to indicate sugar levels. Apart from this, blood glucose test strips are easy to use, cost-effective, and can be used daily. Consequently, they assist in identifying high or low blood sugar levels, monitoring the effectiveness of diabetes treatment, and lowering the risks of developing hypoglycemia and/or hyperglycemia.

Blood Glucose Test Strips Market Trends:

The increasing prevalence of diabetes, especially among the growing geriatric population is creating a positive outlook for the market. In line with this, blood glucose test strips are widely used to test sugar levels regularly at home, while eliminating the need to visit a diagnostic laboratory, which is supporting the market growth. Additionally, the widespread product adoption among type-2 diabetic patients due to the easy availability of glucometers, convenient handling, and the level of accuracy provided by the machine are favoring the market growth. Moreover, the demand and online sales for blood glucose monitoring devices and consumables, such as test strips significantly surged during the coronavirus disease (COVID-19) pandemic. This can be attributed to the increasing need to continuously monitor sugar levels in patients and commoners both as a precautionary measure and to record post-infection symptoms, which, in turn, is augmenting the market growth. Other factors, including extensive research and development (R&D) activities in the field of biomedical engineering, evolving lifestyles and eating habits, and the implementation of various government initiatives focusing on educating the masses regarding diabetes and its preventive measures, are anticipated to drive the market toward growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global blood glucose test strips market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, technology, distribution channel and end user.

Breakup by Type:

  • Thick Film Electrochemical Films
  • Thin Film Electrochemical Films
  • Optical Strips
     

Breakup by Technology:

  • Glucose Dehydrogenase (GDH)
  • Glucose Oxidase (GOD)
     

Breakup by Distribution Channel:

  • Online
  • Offline
     

Breakup by End User:

  • Individuals
  • Hospitals and Clinics
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being 77 Elektronika Kft., Abbott Laboratories, AgaMatrix Inc., Ascensia Diabetes Care Holdings AG (PHC Holdings), B. Braun Melsungen Aktiengesellschaft, Bioland Technology Ltd., Bionime Corporation, BTNX Inc., Microlife Corporation (Midas Company Limited), Norditalia Group S.R.L., Rossmax International Ltd. and Unistrip Technologies LLC.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Type, Technology, Distribution Channel, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 77 Elektronika Kft., Abbott Laboratories, AgaMatrix Inc., Ascensia Diabetes Care Holdings AG (PHC Holdings), B. Braun Melsungen Aktiengesellschaft, Bioland Technology Ltd., Bionime Corporation, BTNX Inc., Microlife Corporation (Midas Company Limited), Norditalia Group S.R.L., Rossmax International Ltd. and Unistrip Technologies LLC.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global blood glucose test strips market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global blood glucose test strips market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the technology?
  • What is the breakup of the market based on the distribution channel?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global blood glucose test strips market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Global Blood Glucose Test Strips Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    Thick Film Electrochemical Films
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Thin Film Electrochemical Films
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Optical Strips
        6.3.1 Market Trends
        6.3.2 Market Forecast
7    Market Breakup by Technology
    7.1    Glucose Dehydrogenase (GDH)
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Glucose Oxidase (GOD)
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Distribution Channel
    8.1    Online
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Offline
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by End User
    9.1    Individuals
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Hospitals and Clinics
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Others
        9.3.1 Market Trends
        9.3.2 Market Forecast
10    Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia-Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis
    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Competitive Landscape
    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    77 Elektronika Kft.
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
        15.3.2    Abbott Laboratories
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
           15.3.2.3 Financials
           15.3.2.4 SWOT Analysis
        15.3.3    AgaMatrix Inc.
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
        15.3.4    Ascensia Diabetes Care Holdings AG (PHC Holdings)
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
        15.3.5    B. Braun Melsungen Aktiengesellschaft
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio
           15.3.5.3 SWOT Analysis
        15.3.6    Bioland Technology Ltd.
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
        15.3.7    Bionime Corporation
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
           15.3.7.3 Financials
        15.3.8    BTNX Inc.
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
        15.3.9    Microlife Corporation (Midas Company Limited)
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
        15.3.10    Norditalia Group S.R.L.
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio
        15.3.11    Rossmax International Ltd.
           15.3.11.1 Company Overview
           15.3.11.2 Product Portfolio
           15.3.11.3 Financials
        15.3.12    Unistrip Technologies LLC
           15.3.12.1 Company Overview
           15.3.12.2 Product Portfolio

List of Figures

Figure 1: Global: Blood Glucose Test Strips Market: Major Drivers and Challenges
Figure 2: Global: Blood Glucose Test Strips Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Blood Glucose Test Strips Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Blood Glucose Test Strips Market: Breakup by Type (in %), 2021
Figure 5: Global: Blood Glucose Test Strips Market: Breakup by Technology (in %), 2021
Figure 6: Global: Blood Glucose Test Strips Market: Breakup by Distribution Channel (in %), 2021
Figure 7: Global: Blood Glucose Test Strips Market: Breakup by End User (in %), 2021
Figure 8: Global: Blood Glucose Test Strips Market: Breakup by Region (in %), 2021
Figure 9: Global: Blood Glucose Test Strips (Thick Film Electrochemical Films) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Blood Glucose Test Strips (Thick Film Electrochemical Films) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Blood Glucose Test Strips (Thin Film Electrochemical Films) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Blood Glucose Test Strips (Thin Film Electrochemical Films) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Blood Glucose Test Strips (Optical Strips) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Blood Glucose Test Strips (Optical Strips) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Blood Glucose Test Strips (Glucose Dehydrogenase (GDH)) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Blood Glucose Test Strips (Glucose Dehydrogenase (GDH)) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Blood Glucose Test Strips (Glucose Oxidase (GOD)) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Blood Glucose Test Strips (Glucose Oxidase (GOD)) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Blood Glucose Test Strips (Online) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Blood Glucose Test Strips (Online) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Blood Glucose Test Strips (Offline) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Blood Glucose Test Strips (Offline) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Blood Glucose Test Strips (Individuals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Blood Glucose Test Strips (Individuals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Blood Glucose Test Strips (Hospitals and Clinics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Blood Glucose Test Strips (Hospitals and Clinics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Blood Glucose Test Strips (Other End Users) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Blood Glucose Test Strips (Other End Users) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: North America: Blood Glucose Test Strips Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: North America: Blood Glucose Test Strips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: United States: Blood Glucose Test Strips Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: United States: Blood Glucose Test Strips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Canada: Blood Glucose Test Strips Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Canada: Blood Glucose Test Strips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Asia-Pacific: Blood Glucose Test Strips Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Asia-Pacific: Blood Glucose Test Strips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: China: Blood Glucose Test Strips Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: China: Blood Glucose Test Strips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Japan: Blood Glucose Test Strips Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Japan: Blood Glucose Test Strips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: India: Blood Glucose Test Strips Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: India: Blood Glucose Test Strips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: South Korea: Blood Glucose Test Strips Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: South Korea: Blood Glucose Test Strips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Australia: Blood Glucose Test Strips Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Australia: Blood Glucose Test Strips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Indonesia: Blood Glucose Test Strips Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Indonesia: Blood Glucose Test Strips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Others: Blood Glucose Test Strips Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Others: Blood Glucose Test Strips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Europe: Blood Glucose Test Strips Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Europe: Blood Glucose Test Strips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Germany: Blood Glucose Test Strips Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Germany: Blood Glucose Test Strips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: France: Blood Glucose Test Strips Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: France: Blood Glucose Test Strips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: United Kingdom: Blood Glucose Test Strips Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: United Kingdom: Blood Glucose Test Strips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Italy: Blood Glucose Test Strips Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Italy: Blood Glucose Test Strips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Spain: Blood Glucose Test Strips Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Spain: Blood Glucose Test Strips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Russia: Blood Glucose Test Strips Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Russia: Blood Glucose Test Strips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Others: Blood Glucose Test Strips Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Others: Blood Glucose Test Strips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Latin America: Blood Glucose Test Strips Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Latin America: Blood Glucose Test Strips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Brazil: Blood Glucose Test Strips Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Brazil: Blood Glucose Test Strips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Mexico: Blood Glucose Test Strips Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Mexico: Blood Glucose Test Strips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Others: Blood Glucose Test Strips Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Others: Blood Glucose Test Strips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Middle East and Africa: Blood Glucose Test Strips Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Middle East and Africa: Blood Glucose Test Strips Market: Breakup by Country (in %), 2021
Figure 77: Middle East and Africa: Blood Glucose Test Strips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Global: Blood Glucose Test Strips Industry: SWOT Analysis
Figure 79: Global: Blood Glucose Test Strips Industry: Value Chain Analysis
Figure 80: Global: Blood Glucose Test Strips Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Blood Glucose Test Strips Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Blood Glucose Test Strips Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Blood Glucose Test Strips Market Forecast: Breakup by Technology (in Million US$), 2022-2027
Table 4: Global: Blood Glucose Test Strips Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 5: Global: Blood Glucose Test Strips Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 6: Global: Blood Glucose Test Strips Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Blood Glucose Test Strips Market: Competitive Structure
Table 8: Global: Blood Glucose Test Strips Market: Key Players

Note: We value your privacy and will never rent or sell your email address. Privacy policy

Need more help?

  •   Speak to our experienced analysts for insights on the current market scenarios.
  •   Include additional segments and countries to customize the report as per your requirement.
  •   Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  •   For further assistance, please connect with our analysts.

Related Report

Vessel Sealing Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Read More

Blood Gas and Electrolyte Analyzer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Read More

Brain Monitoring Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Read More

Disposable Syringes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Read More

Diabetes Care Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Read More

Purchase Options




$ 2499

REACH OUT TO US

Call us on

( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )

Drop us an email at

sales@imarcgroup.com

Social Links