The blood glucose test strips market covers information about diabetes, the condition for which blood glucose strips are used, diabetes prevalence across different countries, different types of blood glucose test strips, their features, main application areas, the distribution landscape, value chain analysis, end-users and prices.
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.
Major trends shaping the blood glucose test strips market include new FDA guidelines on blood glucose test strips and meters, development of generic blood glucose test strips, and silk strips – a low cost alternative and innovative blood glucose testing method.
The top 5 companies covered are Roche, Johnson & Johnson, Ascensia (Panasonic Healthcare), Abbott and Nipro Diagnostics.
Roche was the largest company in the market.
The countries covered are USA, Germany, Brazil, China, Japan, UK, Spain, Russia, France, Australia, Italy, India and others.
The segments in the blood glucose test strips market are based on the type of reactive enzyme used in the strips—glucose oxidase and glucose dehydrogenase, and by the type of the electrode used— thick film, thin film, and optical.
The blood glucose test strips that are based on the type of the reactive enzyme are referred to as blood glucose test strips by technology. They include:
Glucose Oxidase-based Blood Glucose Test Strips – This segment comprises blood glucose test strips based on glucose oxidase. Glucose oxidase is a chemical used in liquid and powder glucose laboratory reagents, urine test strips, colorimetric blood glucose test strips, and biosensors for blood glucose monitoring. These strips determine glucose levels by a commercially available enzymatic spectrophotometric glucose oxidase method.
Glucose Dehydrogenase-based Blood Glucose Test Strips – This segment includes blood glucose test strips with glucose dehydrogenase sensors. Glucose dehydrogenase is an enzyme or protein catalyst that is used to accelerate the oxidation of glucose to gluconic acid. Glucose dehydrogenase is less susceptible than glucose oxidase to common interferences.
The blood glucose test strips that are based on the type of electrode used include:
Thick Film Electrochemical Blood Glucose Test Strips – Thick film electrochemical blood glucose test strips are composed of several layers such as the analytical layer, separating layer, and support layer.
Thin Film Electrochemical Blood Glucose Test Strips – Thin film electrochemical blood glucose test strips consist of glucose enzyme electrodes on thin layers of enzyme glucose oxidase, entrapped over oxygen electrodes via semi-permeable dialysis membranes.
Optical Blood Glucose Test Strips – Optical blood glucose test strips are based on fiber optic and planar devices utilizing the absorption, scattering, polarization, reflection, and interference of light.