For proper maintenance of the disease, there is a requirement of monitoring the blood glucose level t regular interval. Theses arises need for self-glucose monitoring. Blood glucose Test Strip Market is an essential part of self-blood glucose monitoring. The market for blood glucose test strip was estimated at $13.7 billion in 2015 and is expected to reach $18.5 billion by 2020. The growth of the market is driven by launch of advanced test strips based on innovative technology which provide more accurate and reliable results.
Industrial News for Test Strip Market
Based on region, North America accounted for the largest share in the Global Test Strip Market, followed by Europe and Asia Pacific. The Asia Pacific market is expected to witness the highest growth owing to rising awareness regarding self-monitoring. Furthermore, various players are investing in the Asia Pacific market which is another major factor fueling the market growth.
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Based on the product type the test strip market by type is divided into urine test strip, diabetic strips, and fluorescein. Diabetic strips segment is expected to grow at high growth rate due to rising government bodies concerns for diabetes across the globe. There is an incessant rise in the number of diabetic people worldwide. According to International Diabetic Federation, there were 415 million people living with diabetes in 2015, and this number is poised to reach 642million by 2040.
The Key Players of Global Test Strip Market
- Roche Diagnostics
- Lifescan, Inc.
- Abbott Laboratories
- Arkray Inc.
- Ascensia Diabetes Care Holdings Ag
- Braun Melsungen AG
- Chiltern Medicare Ltd
- Henry Schein
- Lifeassay Diagnostics (Pty)
- Siemens Healthcare
- Taidoc Technology Corporation
- Teco Diagnostics.
Test the market data and market information presented through more than 50 market data tables and figures spread over 150 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Test Strip Market Research Report- Forecast to 2021.’’
Brief TOC of Global Test Strip Market
1.2Scope of the study
1.3 Market Structure
2 Research Methodologies
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research
3 Report Excerpt
4 Forecast Indicators
4.2 Growth Drivers
4.3 Growth Barriers
4.4 Market Opportunities
5 Market Analysis
5.1 Marketing Mix
5.2 Porter’s Five Force
5.3 Supply Chain Analysis
6 Global Test Strip Markets, By Product Type
6.3 Diabetic Strips
7 Global Test Strip Market, By Application
7.2 Disease Diagnosis
8 Global Test Strip Market, By Function
8.2 Visual Test Strips
9 Global Test Strip Market, By End Users
The Global Test Strip Market report provides detail analysis of market in terms of volume of test strip sold and value market. The report also provides the future outlook of the market till 2021. Moreover, the global as well as regional market share of various players based on volume of test strip sold is also analyzed in the report. Lastly, the report provides company profiles of major players in the market.
Browse full TOC, Tables, Figures and Companies mentioned @ Global Test Strip Market Research Report- Forecast to 2021
Scope of the Report
This market research report covers the global test strips market by product, application, functions, end user, and region.
Global Test Strip Markets, By Product Type
- Urine test strip
- Diabetic Strips
Global Test Strip Market, By Application
- Disease Diagnosis
- Urinary Tract Infection (UTI)
- Liver Disease
- Kidney Diseases
- Diabetic Test
- Blood Glucose Analysis
Global Test Strip Market, By Function
- Visual Test Strips
- Automated Test Strips
Global Test Strip Market, By End Users
- Institutes & Research Laboratories
- Hospitals & Clinics
- Diagnostic Laboratories
Global Test Strip Market, by Region
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