Global Blood Glucose Testing Market Growth 2023-2029

Global Blood Glucose Testing Market Growth 2023-2029

Blood glucose testing, also known as blood glucose monitoring, is one of the main tools involved in controlling diabetes.

Blood glucose testing is the process used to measure the concentration of glucose in your blood. Blood glucose testing can be carried out at home using a blood glucose meter.

A blood test involves pricking your finger with a small needle called a lancet, drawing a drop of blood from the finger and applying it to a test strip that has been engaged into a blood glucose meter.

Blood glucose test strips, lancet and blood glucose meter are together used for blood glucose testing. But Blood glucose test strips are most used, occupies about 85% market of blood glucose testing.

LPI (LP Information)' newest research report, the “Blood Glucose Testing Industry Forecast” looks at past sales and reviews total world Blood Glucose Testing sales in 2022, providing a comprehensive analysis by region and market sector of projected Blood Glucose Testing sales for 2023 through 2029. With Blood Glucose Testing sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Blood Glucose Testing industry.

This Insight Report provides a comprehensive analysis of the global Blood Glucose Testing landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Blood Glucose Testing portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Blood Glucose Testing market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Blood Glucose Testing and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Blood Glucose Testing.

The global Blood Glucose Testing market size is projected to grow from US$ 10710 million in 2022 to US$ 13370 million in 2029; it is expected to grow at a CAGR of 13370 from 2023 to 2029.

Market competition is intense. Roche, LIFESCAN, Abbott and Ascensia, etc. are the leaders of the industry, with about 54% market shares.

North America is the largest consumption place, with a consumption market share nearly 31%. Following North America, Europe is the second largest consumption place with the consumption market share of 29%.

This report presents a comprehensive overview, market shares, and growth opportunities of Blood Glucose Testing market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Glucose Oxidase
Glucose Dehydrogenase
Others

Segmentation by application
Hospital
Clinic
Household

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Roche
LIFESCAN
Abbott
Ascensia
ARKRAY
I-SENS
Omron
B. Braun
Nipro Dagnostics
77 Elektronika
AgaMatrix
Infopia
ALL Medicus
Terumo
SANNUO
Yicheng
Yuwell

Key Questions Addressed in this Report

What is the 10-year outlook for the global Blood Glucose Testing market?

What factors are driving Blood Glucose Testing market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Blood Glucose Testing market opportunities vary by end market size?

How does Blood Glucose Testing break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.