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Blood Glucose Test Strips Market Global Opportunities And Strategies To 2021

Starting Price : $ 4000.00 $ 2680.00 | Pages : 200 | Published : July 2018 | SKU CODE : o&s009 | Format :

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Blood Glucose Strips Market Characteristics

The blood glucose strips market includes establishments involved in manufacturing test strips used for blood sugar level measurement. Blood glucose test strips are thin paper or plastic strips that are used to monitor blood glucose levels to help control diabetes. Diabetes is a chronic condition in which a person’s blood glucose level is excessively high according to medical standards. Diabetes is further diagnosed through various tests such as oral glucose tolerance tests (OGTT), random plasma glucose tests, and fasting plasma glucose tests.

Blood Glucose Test Strips Market Competitive Landscape

The market for blood glucose test strips is concentrated with a few major players occupying more than 50% of the market share. Major companies in the blood glucose test strips market include LifeScan, Roche Holding AG and Abbott Laboratories.

Due to decreasing prices for blood glucose test strips across the world and increasing competition from local players, these companies’ market shares are declining.

Blood Glucose Test Strips Market Size

The Blood glucose test strips market is expected to grow and reach a value of $12.9 billion by 2021. The growth is mainly attributed to government initiatives - governments around the world are investing in programs to help raise awareness and support research and development (R&D) in the field of diabetes. The US State Department’s National Institutes of Health and Centers for Disease Control and Prevention jointly launched the National Diabetes Education Program to educate and sensitize people about the risks and methods of prevention of diabetes. The program includes organizations, health care professionals, community health workers, and community-based organizations that partner with people with diabetes or who are at risk for diabetes.

In 2015, the National Health Service, UK, and Public Health England initiated the first National NHS Diabetes Prevention Programme that aims to reduce the 4 million people in the UK expected to have Type IIII diabetes by 2025, and increasing utilization of blood glucose strips utilization of blood glucose test strips is increasing in emerging countries such as India and China. Growing industrialization and urbanization in emerging markets is acting as a driver for diabetes care and consequently for the blood glucose test strips industry. Diabetes prevalence is known to correlate with the increasing growth in urbanization. Emerging markets with higher potential growth rates are poised to be a major source of growth for this market.

The key restraints on the blood glucose test strips industry during 2017-2021 are expected to include, alternative testing methods such as continuous blood glucose monitoring systems and HbA1c will impact the blood glucose test strips market. Many diabetes patients are afraid or unwilling to prick themselves with lancets each time for testing. The American Diabetes Association (ADA) recently recommended the use of the HbA1c test for diagnosing diabetes. Until then, all FDA approved HbA1c monitoring devices were approved only for long term glucose control. Diabetes Australia also recommends HbA1c testing every three to six months for type II diabetics These alternative methods of diabetes testing will affect the blood glucose test strips market and high costs associated with other consumables for blood glucose testing, lancets are consumables needed for pricking the finger during blood glucose testing.

Blood Glucose Test Strips Market Segmentation

The blood glucose test strips market is further segmented on the basis of technology, by type of electrode used and by geography.
By Technology- The blood glucose test strips market is further segmented into glucose oxidase-based blood glucose test strips and glucose dehydrogenase-based blood glucose test strips. Among these segments, the glucose dehydrogenase segment accounts for the highest share in the blood glucose test strips industry.
Type of Electrode Used- The blood glucose test strips are segmented into thick film electrochemical blood glucose test strips, thin film electrochemical blood glucose test strips and optical blood glucose test strips. Among these segments, thick film electrochemical blood glucose test strips account for the largest share in the blood glucose test strips market.
By Geography- The blood glucose test strips market is further segmented into North America, South America, Western Europe, Eastern Europe, Middle East and Africa. North America was the largest region in the global blood glucose test strips market, accounting for about 45% of the market in 2018. Western Europe was the second largest region accounting for about 26% of the global blood glucose test strips market. Africa was the smallest region in the global blood glucose test strips market.
Blood Glucose Test Strips Market Trends
Innovative blood glucose testing methods, adopting low cost alternatives of blood glucose strips and development of generic blood glucose test strips are a few trends witnessed in the blood glucose test strips industry.
Potential Opportunities In The Blood Glucose Test Strips Market
With increasing diabetic cases, adoption of advanced technology, rising disposable income and increasing utilization of blood glucose strips in emerging economies, the demand and scope of the global blood glucose test strips market is expected to increase in the forecast period.

    1 Executive Summary
  • 2 Blood Glucose Test Strips Market Characteristics
  • 2.1 Diabetes
  • 2.2 Prevalence of Diabetes Across Countries
  • 2.3 The Product – Blood Glucose Test Strips
  • 2.4 Blood Glucose Test Strips Value Chain and Key Participants
  • 2.5 Prices
  • 2.6 Blood Glucose Test Strips Market Segments Definitions
  • 2.6.1 Blood Glucose Test Strips Segmented By Technology
  • 2.6.2 Blood Glucose Test Strips Market Segmented By Type Of Electrode Used
  • 3 Global Market Size and Growth
  • 3.1 Global Blood Glucose Test Strips Market Size 2017
  • 3.2 Global Blood Glucose Test Strips Market Historic Growth By Value and Volume
  • 3.2.1 Drivers Of The Market
  • 3.2.2 Restraints On The Market
  • 3.3 Blood Glucose Test Strips Market Forecast Growth By Value and Volume
  • 3.3.1 Drivers Of The Market
  • 3.3.2 Restraints On The Market
  • 4 Blood Glucose Test Strips Market PESTEL Analysis
  • 4.1 Political
  • 4.1.1 Government Awareness Programs And Initiatives
  • 4.1.2 Rising Public Insurance
  • 4.1.3 Uncertain Policies
  • 4.2 Economic
  • 4.2.1.Rising Healthy Food Prices
  • 4.2.2 Relation Between Income and Diabetes
  • 4.3 Social
  • 4.3.1 Unhealthy Lifestyles
  • 4.3.2 Growing Geriatric Population
  • 4.3.3 Increasing Health Awareness
  • 4.4 Technological
  • 4.4.1 Wearable Technology and Digitalization
  • 4.4.2.Shift To Point Of Care Diagnostics
  • 4.5 Environmental
  • 4.6 Legal
  • 4.6.1 Stringent Regulations and Directives
  • 4.6.2 Tax Exemptions
  • 5 Blood Glucose Test Strips Market Customer Information
  • 5.1 Cost of Test Strips
  • 5.2 Brand Preference
  • 5.3 Restriction On the Use of Blood Glucose Test Strips
  • 5.4 Reduction in the Reimbursement of Test Strips
  • 5.5 Accuracy of the Test Strip
  • 6 Blood Glucose Test Strips Market Segmentation
  • 6.1 Global Blood Glucose Test Strips Market, 2017, By Segment, By Technology
  • 6.1.1 Glucose Dehydrogenase
  • 6.1.2 Glucose Oxidase
  • 6.2 Blood Glucose Test Strips Market, Historic And Forecast Growth Rate, By Segment, By Technology, 2013-2021
  • 6.3 Blood Glucose Test Strips Market, 2017, By Segment, By Electrode Material Used
  • 6.3.1 Thick Film Electrochemical Strips
  • 6.3.2 Thin Film Electrochemical
  • 6.3.3 Optical
  • 7 Global Blood Glucose Test Strips Market Comparison with Macro-Economic Factors
  • 7.1 Blood Glucose Test Strips Market Size, Percentage Of GDP, Global
  • 7.2 Per Capita Blood Glucose Test Strips Market Expenditure, Global
  • 8 Blood Glucose Test Strips Market Comparison with Macro-Economic Factors Across Countries
  • 8.1 Blood Glucose Test Strips Market Size, Percentage Of GDP, By Country
  • 8.2 Per Capita Blood Glucose Test Strips Expenditure, By Country
  • 9 Blood Glucose Test Strips Market Regional and Country Analysis
  • 9.1 Blood Glucose Test Strips Market, 2017, By Region
  • 9.2 Blood Glucose Test Strips Market, Historic And Forecast Growth Rate, Split By Region, 2013-2021
  • 9.3 Blood Glucose Test Strips Market, 2017, By Country
  • 9.4 Blood Glucose Test Strips Market, Historic And Forecast Growth Rate, By Country, 2013-2021
  • 10 Asia-Pacific Blood Glucose Test Strips Market
  • 10.1 Asia Pacific Blood Glucose Test Strips Market Overview
  • 10.2 Asia Pacific Blood Glucose Test Strips Market Historic Growth
  • 10.3 Asia Pacific Blood Glucose Test Strips Market Forecast Growth
  • 10.4 Asia Pacific Blood Glucose Test Strips Market, 2017, Segmentation, By Technology
  • 10.5 Asia Pacific Blood Glucose Test Strips Market, Historic And Forecast Growth Rate, By Technology, 2013-2021
  • 11 China Blood Glucose Test Strips Market
  • 11.1 China Blood Glucose Test Strips Market Overview
  • 11.2 China Blood Glucose Test Strips Market Size 2017
  • 11.3 China Blood Glucose Test Strips Market Historic Growth
  • 11.4 China Blood Glucose Test Strips Market Forecast Growth
  • 11.5 China Blood Glucose Test Strips Market, Segmentation, By Technology, 2017
  • 11.6 China Blood Glucose Test Strips Market, Historic And Forecast Growth Rate, By Technology, 2013-2021
  • 12 India Blood Glucose Test Strips Market
  • 12.1 India Blood Glucose Test Strips Market Overview
  • 12.2 India Blood Glucose Test Strips Market Size 2017
  • 12.3 India Blood Glucose Test Strips Market Historic Growth
  • 12.4 India Blood Glucose Test Strips Market Forecast Growth
  • 12.5 India Blood Glucose Test Strips Market, Segmentation, By Technology, 2017
  • 12.6 India Blood Glucose Test Strips Market, Historic And Forecast Growth Rate, By Technology, 2013-2021
  • 13 Japan Blood Glucose Test Strips Market
  • 13.1 Japan Blood Glucose Test Strips Market Overview
  • 13.2 Japan Blood Glucose Test Strips Market Size 2017
  • 13.3 Japan Blood Glucose Test Strips Market Historic Growth
  • 13.4 Japan Blood Glucose Test Strips Market Forecast Growth
  • 13.5 Japan Blood Glucose Test Strips Market, Segmentation, By Technology, 2017
  • 13.6 Japan Blood Glucose Test Strips Market, 2013-2021, Historic And Forecast Growth Rate, By Technology
  • 14 Australia Blood Glucose Test Strips Market
  • 14.1 Australia Blood Glucose Test Strips Market Overview
  • 14.2 Australia Blood Glucose Test Strips Market Size 2017
  • 14.3 Australia Blood Glucose Test Strips Market Historic Growth
  • 14.4 Australia Blood Glucose Test Strips Market Forecast Growth
  • 14.5 Australia Blood Glucose Test Strips Market, 2017, Segmentation, By Technology
  • 14.6 Australia Blood Glucose Test Strips Market, Historic And Forecast Growth Rate, By Technology, 2013-2021
  • 15 Western Europe Blood Glucose Test Strips Market
  • 15.1 Western Europe Blood Glucose Test Strips Market Overview
  • 15.2 Western Europe Blood Glucose Test Strips Market Historic Growth
  • 15.3 Western Europe Blood Glucose Test Strips Market Forecast Growth
  • 15.4 Western Europe Blood Glucose Test Strips Market, Segmentation, By Technology, 2017
  • 15.5 Western Europe Blood Glucose Test Strips Market, Historic And Forecast Growth Rate, By Technology, 2013-2021
  • 16 UK Blood Glucose Test Strips Market
  • 16.1 UK Blood Glucose Test Strips Market Overview
  • 16.2 UK Blood Glucose Test Strips Market Size 2017
  • 16.3 UK Blood Glucose Test Strips Market Historic Growth
  • 16.4 UK Blood Glucose Test Strips Market Forecast Growth
  • 16.5 UK Blood Glucose Test Strips Market, Segmentation, By Technology, 2017
  • 16.6 UK Blood Glucose Test Strips Market, Historic And Forecast Growth Rate, By Technology, 2013-2021
  • 17 Germany Blood Glucose Test Strips Market
  • 17.1 Germany Blood Glucose Test Strips Market Overview
  • 17.2 Germany Blood Glucose Test Strips Market Size 2017
  • 17.3 Germany Blood Glucose Test Strips Market Historic Growth
  • 17.4 Germany Blood Glucose Test Strips Market Forecast Growth
  • 17.5 Germany Blood Glucose Test Strips Market, 2017, Segmentation, By Technology
  • 17.6 Germany Blood Glucose Test Strips Market, Historic And Forecast Growth Rate, By Technology, 2013-2021
  • 18 Spain Blood Glucose Test Strips Market
  • 18.1 Spain Blood Glucose Test Strips Market Overview
  • 18.2 Spain Blood Glucose Test Strips Market Size 2017
  • 18.3 Spain Blood Glucose Test Strips Market Historic Growth
  • 18.4 Spain Blood Glucose Test Strips Market Forecast Growth
  • 18.5 Spain Blood Glucose Test Strips Market, 2017, Segmentation, By Technology
  • 18.6 Spain Blood Glucose Test Strips Market, Historic And Forecast Growth Rate, By Technology, 2013-2021
  • 19 France Blood Glucose Test Strips Market
  • 19.1 France Blood Glucose Test Strips Market Overview
  • 19.2 France Blood Glucose Test Strips Market Size 2017
  • 19.3 France Blood Glucose Test Strips Market Historic Growth
  • 19.4 France Blood Glucose Test Strips Market Forecast Growth
  • 19.5 France Blood Glucose Test Strips Market, 2017, Segmentation, By Technology
  • 19.6 France Blood Glucose Test Strips Market, Historic And Forecast Growth Rate, By Technology, 2013-2021
  • 20 Italy Blood Glucose Test Strips Market
  • 20.1 Italy Blood Glucose Test Strips Market Overview
  • 20.2 Italy Blood Glucose Test Strips Market Size 2017
  • 20.3 Italy Blood Glucose Test Strips Market Historic Growth
  • 20.4 Italy Blood Glucose Test Strips Market Forecast Growth
  • 20.5 Italy Blood Glucose Test Strips Market, 2017, Segmentation, By Technology
  • 20.6 Italy Blood Glucose Test Strips Market, Historic And Forecast Growth Rate, By Technology, 2013-2021
  • 21 Eastern Europe Blood Glucose Test Strips Market
  • 21.1 Eastern Europe Blood Glucose Test Strips Market Overview
  • 21.2 Eastern Europe Blood Glucose Test Strips Market Historic Growth
  • 21.3 Eastern Europe Blood Glucose Test Strips Market Forecast Growth
  • 21.4 Eastern Europe Blood Glucose Test Strips Market, 2017, Segmentation, By Technology
  • 21.5 Eastern Europe Blood Glucose Test Strips Market, Historic And Forecast Growth Rate, By Technology, 2013-2021
  • 22 Russia Blood Glucose Test Strips Market
  • 22.1 Russia Blood Glucose Test Strips Market Overview
  • 22.2 Russia Blood Glucose Test Strips Market Size 2017
  • 22.3 Russia Blood Glucose Test Strips Market Historic Growth
  • 22.4 Russia Blood Glucose Test Strips Market Forecast Growth
  • 22.5 Russia Blood Glucose Test Strips Market, 2017, Segmentation, By Technology
  • 22.6 Russia Blood Glucose Test Strips Market, 2013-2021, Historic And Forecast Growth Rate, By Technology
  • 23 North America Blood Glucose Test Strips Market
  • 23.1 North America Blood Glucose Test Strips Market Overview
  • 23.2 North America Blood Glucose Test Strips Market Historic Growth
  • 23.3 North America Blood Glucose Test Strips Market Forecast Growth
  • 23.4 North America Blood Glucose Test Strips Market, Segmentation, By Technology, 2017
  • 23.5 North America Blood Glucose Test Strips Market, Historic And Forecast Growth Rate, By Technology, 2013-2021
  • 24 USA Blood Glucose Test Strips Market
  • 24.1 USA Blood Glucose Test Strips Market Overview
  • 24.2 USA Blood Glucose Test Strips Market Size 2017
  • 24.3 USA Blood Glucose Test Strips Market Historic Growth
  • 24.4 USA Blood Glucose Test Strips Market Forecast Growth
  • 24.5 USA Blood Glucose Test Strips Market, 2017, Segmentation, By Technology
  • 24.6 USA Blood Glucose Test Strips Market, 2013-2021, Historic And Forecast Growth Rate, By Technology
  • 25 South America Blood Glucose Test Strips Market
  • 25.1 South America Blood Glucose Test Strips Market Overview
  • 25.2 South America Blood Glucose Test Strips Market Historic Growth
  • 25.3 South America Blood Glucose Test Strips Market Forecast Growth
  • 25.4 South America Blood Glucose Test Strips Market, Segmentation, By Technology, 2017
  • 25.5 South America Blood Glucose Test Strips Market, 2013-2021, Historic And Forecast Growth Rate, By Technology
  • 26 Brazil Blood Glucose Test Strips Market
  • 26.1 Brazil Blood Glucose Test Strips Market Overview
  • 26.2 Brazil Blood Glucose Test Strips Market Size 2017
  • 26.3 Brazil Blood Glucose Test Strips Market Historic Growth
  • 26.4 Brazil Blood Glucose Test Strips Market Forecast Growth
  • 26.5 Brazil Blood Glucose Test Strips Market, Segmentation, By Technology, 2017
  • 26.6 Brazil Blood Glucose Test Strips Market, Historic And Forecast Growth Rate, By Technology, 2013-2021
  • 27 Middle-East Blood Glucose Test Strips Market
  • 27.1 Middle-East Blood Glucose Test Strips Market Overview
  • 27.2 Middle East Blood Glucose Test Strips Market Historic Growth
  • 27.3 Middle East Blood Glucose Test Strips Market Forecast Growth
  • 27.4 Middle East Blood Glucose Test Strips Market, 2017, Segmentation, By Technology
  • 27.5 Middle East Blood Glucose Test Strips Market, 2013-2021, Historic And Forecast Growth Rate, By Technology
  • 28 Africa Blood Glucose Test Strips Market
  • 28.1 Africa Blood Glucose Test Strips Market Overview
  • 28.2 Africa Blood Glucose Test Strips Market Historic Growth
  • 28.3 Africa Blood Glucose Test Strips Market Forecast Growth
  • 28.4 Africa Blood Glucose Test Strips Market, Segmentation, By Technology, 2017
  • 28.5 Africa Blood Glucose Test Strips Market, Historic And Forecast Growth Rate, By Technology, 2013-2021
  • 29 Blood Glucose Test Strips Market Competitive Landscape
  • 29.1 LifeScan
  • 29.1.1 Company Overview
  • 29.1.2 Blood Glucose Test Strips Product Portfolio
  • 29.1.3 Company Sales And Growth Strategy
  • 29.1.4 Recent News And Developments
  • 29.2 Roche Holding AG
  • 29.2.1 Company Overview
  • 29.2.2 Blood Glucose Test Strips Product Portfolio
  • 29.2.3 Company Sales And Growth Strategy
  • 29.2.4 Recent News And Developments
  • 29.3 Abbott Laboratories
  • 29.3.1 Company Overview
  • 29.3.2 Blood Glucose Test Strips Product Portfolio
  • 29.3.3 Company Sales And Growth Strategy
  • 29.3.4 Recent News And Developments
  • 30 Blood Glucose Test Strips Market Key Mergers And Acquisitions
  • 30.1 Abbott Acquired Alere
  • 30.2 Panasonic Healthcare Holdings Acquired Business From Bayer
  • 30.3 Sinocare Acquired Nipro Diagnostics
  • 30.4 Pharma Tech Solutions Acquired Shasta Technologies
  • 31 Blood Glucose Test Strips Market Trends And Strategies
  • 31.1 New FDA Guidelines On Blood Glucose Test Strips And Meters
  • 31.2 Development Of Generic Blood Glucose Test Strips
  • 31.3 Silk Strips – A Low Cost Alternative
  • 31.4 Innovative Blood Glucose Testing Methods
  • 32 Appendix
  • 32.1 Definition
  • 32.2 Research Methodology
  • 32.3 Primary Research – Interview Transcripts
  • 32.4 Abbreviations
  • 32.5 Currencies
  • 32.6 Research Inquiries
  • 32.7 The Business Research Company
  • 32.8 Copyright and Disclaimer
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