Blood Glucose Test Strips Market by Technology (Channel Technology, Wicking Technology), Distribution Channel (Hospital Pharmacies, Online Pharmacies, Retail Pharmacies) - Global Forecast 2024-2030

Blood Glucose Test Strips Market by Technology (Channel Technology, Wicking Technology), Distribution Channel (Hospital Pharmacies, Online Pharmacies, Retail Pharmacies) - Global Forecast 2024-2030


The Blood Glucose Test Strips Market size was estimated at USD 5.91 billion in 2023 and expected to reach USD 6.37 billion in 2024, at a CAGR 7.86% to reach USD 10.05 billion by 2030.

Global Blood Glucose Test Strips Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Blood Glucose Test Strips Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Blood Glucose Test Strips Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Blood Glucose Test Strips Market, highlighting leading vendors and their innovative profiles. These include A. Menarini Diagnostics s.r.l, AgaMatrix, Inc., B. Braun Medical Ltd, Bayer AG, BioSensors, Inc., F. Hoffmann-La Roche Ltd, GlucoRx Limited, i-SENS Inc, LifeScan, Inc., National Diagnostic Products Pty Ltd, Nipro Diagnostics UK Limited, PHC Holdings Corporation, Spirit Healthcare, TaiDoc Technology Corporation, and Universal Biosensors Group.

Market Segmentation & Coverage



This research report categorizes the Blood Glucose Test Strips Market to forecast the revenues and analyze trends in each of the following sub-markets:

Technology
Channel Technology
Wicking Technology
Distribution Channel
Hospital Pharmacies
Online Pharmacies
Retail Pharmacies
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Blood Glucose Test Strips Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Blood Glucose Test Strips Market?
3. What are the technology trends and regulatory frameworks in the Blood Glucose Test Strips Market?
4. What is the market share of the leading vendors in the Blood Glucose Test Strips Market?
5. Which modes and strategic moves are suitable for entering the Blood Glucose Test Strips Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Blood Glucose Test Strips Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Need an effective way to detect drastic changes in blood glucose for increasing diabetes cases
5.1.1.2. Awareness about diabetes preventive care
5.1.1.3. Guidelines for buying and using diabetes supplies
5.1.2. Restraints
5.1.2.1. High diabetes management costs
5.1.3. Opportunities
5.1.3.1. Proliferation of online product availability
5.1.3.2. Potential in emerging economies in Asia due to huge diabetic population and increasing health spending
5.1.4. Challenges
5.1.4.1. Lack of accuracy in blood glucose test strips
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Blood Glucose Test Strips Market, by Technology
6.1. Introduction
6.2. Channel Technology
6.3. Wicking Technology
7. Blood Glucose Test Strips Market, by Distribution Channel
7.1. Introduction
7.2. Hospital Pharmacies
7.3. Online Pharmacies
7.4. Retail Pharmacies
8. Americas Blood Glucose Test Strips Market
8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States
9. Asia-Pacific Blood Glucose Test Strips Market
9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam
10. Europe, Middle East & Africa Blood Glucose Test Strips Market
10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom
11. Competitive Landscape
11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player
12. Competitive Portfolio
12.1. Key Company Profiles
12.1.1. A. Menarini Diagnostics s.r.l
12.1.2. AgaMatrix, Inc.
12.1.3. B. Braun Medical Ltd
12.1.4. Bayer AG
12.1.5. BioSensors, Inc.
12.1.6. F. Hoffmann-La Roche Ltd
12.1.7. GlucoRx Limited
12.1.8. i-SENS Inc
12.1.9. LifeScan, Inc.
12.1.10. National Diagnostic Products Pty Ltd
12.1.11. Nipro Diagnostics UK Limited
12.1.12. PHC Holdings Corporation
12.1.13. Spirit Healthcare
12.1.14. TaiDoc Technology Corporation
12.1.15. Universal Biosensors Group
12.2. Key Product Portfolio
13. Appendix
13.1. Discussion Guide
13.2. License & Pricing
FIGURE 1. BLOOD GLUCOSE TEST STRIPS MARKET RESEARCH PROCESS
FIGURE 2. BLOOD GLUCOSE TEST STRIPS MARKET SIZE, 2023 VS 2030
FIGURE 3. BLOOD GLUCOSE TEST STRIPS MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. BLOOD GLUCOSE TEST STRIPS MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. BLOOD GLUCOSE TEST STRIPS MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. BLOOD GLUCOSE TEST STRIPS MARKET DYNAMICS
FIGURE 7. BLOOD GLUCOSE TEST STRIPS MARKET SIZE, BY TECHNOLOGY, 2023 VS 2030 (%)
FIGURE 8. BLOOD GLUCOSE TEST STRIPS MARKET SIZE, BY TECHNOLOGY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. BLOOD GLUCOSE TEST STRIPS MARKET SIZE, BY DISTRIBUTION CHANNEL, 2023 VS 2030 (%)
FIGURE 10. BLOOD GLUCOSE TEST STRIPS MARKET SIZE, BY DISTRIBUTION CHANNEL, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. AMERICAS BLOOD GLUCOSE TEST STRIPS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 12. AMERICAS BLOOD GLUCOSE TEST STRIPS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. UNITED STATES BLOOD GLUCOSE TEST STRIPS MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 14. UNITED STATES BLOOD GLUCOSE TEST STRIPS MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. ASIA-PACIFIC BLOOD GLUCOSE TEST STRIPS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. ASIA-PACIFIC BLOOD GLUCOSE TEST STRIPS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. EUROPE, MIDDLE EAST & AFRICA BLOOD GLUCOSE TEST STRIPS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. EUROPE, MIDDLE EAST & AFRICA BLOOD GLUCOSE TEST STRIPS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. BLOOD GLUCOSE TEST STRIPS MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 20. BLOOD GLUCOSE TEST STRIPS MARKET SHARE, BY KEY PLAYER, 2023

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