Blood Glucose Testing Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Roche, LIFESCAN, Abbott, Ascensia

Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Blood Glucose Testing Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 10.2% during the review period (2022 to 2027).

Blood Glucose Testing Market Overview

According to IDF which is the International Diabetes Federation, in 2020, around 463 million adults were carrying diabetes, out of which 90% of people were suffering from type 2 diabetes while 10% of people suffering from type 1. The BGM system is growing at a faster pace because of factors like increasing patients living with diabetes, the introduction of new monitoring devices, and increasing awareness regarding sugar monitoring among patients. The market growth is going to make happen as there are several reimbursement policies available for self, monitoring sugar system in many countries.

Blood glucose monitoring devices are used for effective diabetes diagnosis and treatment. A rise in the diabetic population drives the market by increasing the use of blood glucose monitoring devices. Obesity is also considered as one of the major factors contributing to the disease, primarily Type 2 diabetes. Also, other factors, such as technological innovations and advancements, give many conveniences in measuring blood glucose levels. One such advancement in monitoring the blood glucose level is established with continuous glucose monitoring devices. These devices help in the early detection of hypo and hyperglycemic conditions. This favor is expected to drive the market for glucose monitoring.

Based on the Blood Glucose Testing market development status, competitive landscape and development model in different regions of the world, this report is dedicated to providing niche markets, potential risks and comprehensive competitive strategy analysis in different fields of Life Sciences. From the competitive advantages of different types of products and services, the development opportunities and consumption characteristics and structure analysis of the downstream application fields are all analyzed in detail. To Boost the Growth of Blood Glucose Testing during the epidemic era, this report analyzes in detail the potential risks and opportunities which can be focused on.

Competitive Analysis

January 12, 2022:Roche launches the cobas® pulse system, an industry first professional blood glucose management solution with mobile digital health capabilities to improve patient care

First diagnostic solution at the point of care to serve as a digital platform connecting developers of digital health software and applications to healthcare professionals. New system simplifies workflows and equips healthcare professionals with valuable clinical insights to deliver better patient care

Who are the Major Players in Blood Glucose Testing Market?

Top Key Players in the Blood Glucose Testing Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Blood Glucose Testing Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes Roche, LIFESCAN, Abbott, Ascensia, ARKRAY, I-SENS, Omron, B. Braun, Nipro Dagnostics, 77 Elektronika, AgaMatrix, Infopia, ALL Medicus, Terumo, SANNUO, Yicheng, Yuwell, Edan and others.

What are the major Applications, Types and Regions for the Blood Glucose Testing Market?

By Type, Blood Glucose Testing Market has been segmented into 

• Glucose Oxidase


• Glucose Dehydrogenase


• Others 

By Application, Blood Glucose Testing Market has been segmented into

• Hospital


• Clinic


• Household

The hospital segment held the major share of 40.9% in 2020 and is projected to maintain its lead over the forecast period due to improving infrastructure and growing healthcare expenditure in hospitals. Furthermore, the cost of measuring blood sugar levels in hospitals is higher compared to home-care settings. Hospitals have additional provisions to store and transfer patient information.

Blood Glucose Testing Market Regional Analysis

Asia Pacific is anticipated to register a substantial CAGR due to the rising prevalence of insulin-dependent diabetes and an increasing number of geriatric population in this region. Also, diabetic patients in countries such as Japan and Australia are actively interested in the regular and timely monitoring of their glucose levels. This, along with the increasing emphasis of key players to develop their direct presence in developing countries.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

What is our Blood Glucose Testing Market report scope?

Report Attributes	Report Details
Forecast Period 2022 to 2027 CAGR	CAGR of 10.2% during the review period (2022 to 2027).
By Type	Glucose Oxidase Glucose Dehydrogenase Others
By Application	Hospital Clinic Household
By Companies	Roche, LIFESCAN, Abbott, Ascensia, ARKRAY, I-SENS, Omron, B. Braun, Nipro Dagnostics, 77 Elektronika, AgaMatrix, Infopia, ALL Medicus, Terumo, SANNUO, Yicheng, Yuwell, Edan and others.
Regions Covered	North America Europe Asia-Pacific Rest of the World
Countries Covered	US Canada Germany France UK Italy Spain Rest of Europe China Japan India Australia South Korea Rest of Asia-Pacific Middle East & Africa Latin America
Base Year	2022
Historical Year	2017 to 2021
Forecast Year	2022 to 2027
Number of Pages	124
Customization Available	Yes, the report can be customized as per your needs

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Key Takeaways from this Blood Glucose Testing Report

• Evaluate Blood Glucose Testing market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end-use applications, and by different industries verticals.


• Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.


• Get in-depth insights on your competitor's performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.


• Analyze the sales and distribution channels across key geographies to improve top-line revenues.


• Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Blood Glucose Testing market entropy - M&As, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the supply-demand gaps, import-export statistics, and regulatory landscape for more than the top 20 countries globally for the market.

Frequently Asked Questions

What is the study period of this market?

The Blood Glucose Testing Market is studied from 2017 - 2027.

What is the growth rate of Blood Glucose Testing Market?

The Blood Glucose Testing Market is growing at a CAGR of 10.2% over the next 5 years.

Who are the leading key players in Blood Glucose Testing Market?

Roche, LIFESCAN, Abbott, Ascensia, ARKRAY, I-SENS, Omron, B. Braun, Nipro Dagnostics, 77 Elektronika, AgaMatrix, Infopia, ALL Medicus, Terumo, SANNUO, Yicheng, Yuwell, Edan and others.

What regions regions does this Blood Glucose Testing Market report covers?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

What are the significant types of Blood Glucose Testing Market?

Glucose Oxidase, Glucose Dehydrogenase, Others

The end user’s industry application on Blood Glucose Testing Market is

Hospital, Clinic, Household

All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.