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.
The top five companies covered are Roche, Johnson & Johnson, Ascensia, Abbot Laboratories and Trividia Health. Roche was the largest competitor in the blood glucose test strips in the diabetes market in 2017.
The countries covered are USA, Germany, Brazil, China, Japan, UK, Spain, Russia, France, Australia, Italy, and India. North America was the largest region in the blood test market in 2017.
Global Blood Glucose Test Strips Market Size
The global blood glucose test strips market was valued at $10.6 billion in 2017. North America was the largest region in the blood glucose test strips market in 2017, accounting for around 50% of the total market. The USA was the largest market, accounting for around 40% of the total market.
This report also covers market information on the glucose dehydrogenase market, glucose oxidase market, electrochemical electrodes market, and blood glucose monitoring market.
Blood Glucose Test Strips Global Market Trend
Blood glucose test strip manufacturers are offering generic blood glucose test strips as a low-cost alternative to conventional test strips. Generic blood glucose test strips are third-party strips that work with a variety of blood glucose meters and are much less expensive than their counterparts. They have been proven to perform similar to or even exceed the FDA accuracy standards for blood glucose test strips. For example, Pharma Tech Solutions, a California-based company distributes Shasta GenStrip, a more affordable alternative that can be used with One Touch and Ultra brand meters. Other generic strip brands in the market include Unistrip, GenUltimate, Equate and Relion.
Blood Glucose Test Strips Global Market Segmentation
The Blood Glucose Test Strips Global Market is segmented into Thick Film Electrochemical Films, Thin Film Electrochemical Films and Optical Strips.
Thick Film Electrochemical Films The thick film devices market includes thick film electrochemical blood glucose test strips, which are composed of several layers such as the analytical layer, separating layer, and support layer. Each strip contains printed working and reference electrodes that are coated with reagents and membranes.
Thin Film Electrochemical Films The thin and ultra-thin films market includes thin film electrochemical blood glucose test strips, which consist of glucose enzyme electrodes on thin layers of enzyme glucose oxidase, entrapped over oxygen electrodes via semi-permeable dialysis membranes.
Optical Strips Optical blood glucose test strips are based on fiber optic and planar devices utilizing the absorption, scattering, polarization, reflection, and interference of light.