Global Network Point-of-Care Glucose Testing Market Share, Size, Trends, Industry Analysis Report, By Product (Accu-Chek Inform II, StatStrip, HemoCue, BAROzen H Expert Plus, i-STAT, CareSens Expert Plus); By Region; Segment Forecast, 2022 - 2032
The Global Network Point-of-Care Glucose Testing Market size is expected to reach USD 2,282.04 million by 2032, according to a new study by Polaris Market Research. The report “Network Point-of-Care Glucose Testing Market Share, Size, Trends, Industry Analysis Report, By Product (Accu-Chek Inform II, StatStrip, HemoCue, BAROzen H Expert Plus, i-STAT, CareSens Expert Plus); By Region; Segment Forecast, 2022 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The Network point-of-care (POC) glucose testing refers to using POC devices to measure blood glucose levels at the point of care rather than sending samples to a central laboratory for analysis. These devices are designed to provide fast and accurate results, making them an essential tool for diabetes management.
The network POC glucose testing market is driven by the increasing prevalence of diabetes and the growing demand for decentralized testing. Diabetes is a chronic disease that affects millions of people worldwide and requires regular monitoring of blood glucose levels. The availability of POC glucose testing devices has made it easier for patients to monitor their blood glucose levels at home or in other non-hospital settings. This has improved patient outcomes, as patients can manage their diabetes more effectively with timely and accurate data.
Decentralized testing is another important driver of the network POC glucose testing market. Decentralized testing allows healthcare providers to perform tests at the point of care rather than sending samples to a central laboratory for analysis. This can lead to faster diagnosis and treatment and can help reduce the burden on major laboratory services.
In recent years, there has been a trend towards developing more advanced POC glucose testing devices, such as continuous glucose monitoring systems and non-invasive glucose monitoring devices. These devices offer greater convenience and accuracy and are expected to drive further growth in the network POC glucose testing market.
In conclusion, the network POC glucose testing market is an important and growing segment of the medical device industry. With the increasing prevalence of diabetes and the growing demand for decentralized testing, the market is expected to experience significant growth in the coming years. Medical device companies offering innovative and cost-effective solutions will be well-positioned to capitalize on this growing market.
Global Network Point-of-Care Glucose Testing Market Report Highlights
The i-STAT segment of the Global Network Point-of-Care Glucose Testing market is one of the fastest-growing segments of the point-of-care testing (POCT) market. The I-Detail framework is a portable device that provides continuous blood testing and delivers results almost immediately. The system is widely used in emergency rooms, critical care settings, and other point-of-care settings.
It is anticipated that the Accu-Chek Inform II segment will have the largest market share in the POCT market. The Accu-Chek Inform II system is a blood glucose monitoring device that provides quick and accurate glucose testing at point-of-care locations. The system is widely used in hospitals, clinics, and physician offices for diabetes management.
North America is expected to dominate the global network POC glucose testing market, due to the presence of a well-established healthcare system and high prevalence of diabetes in the region
The Asia Pacific region is expected to experience the fastest growth during the forecast period, due to the increasing adoption of POC testing in healthcare facilities, and the rising prevalence of diabetes and other chronic diseases in the region.
The global players include F. Hoffmann-La Roche Ltd., Bayer AG/Ascensia Diabetes Care Holdings AG, Nova Biomedical, Abbott, LLC (Lifescan, Inc.), and Danaher.
Polaris Market Research has segmented the Global Network Point-of-Care Glucose Testing Market report based on Product, and region:
Global Network Point-of-Care Glucose Testing Market, Product Outlook (Revenue, USD Million, 2019-2032)
i-STAT
Accu-Chek Inform II
StatStrip
HemoCue
CareSens Expert Plus
BAROzen H Expert Plus
Global Network Point-of-Care Glucose Testing Market, Regional Outlook (Revenue - USD Million, 2019-2032)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
- 1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
- 2. Executive Summary
- 2.1. Market Highlights
- 3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
- 4. Global Network Point-of-Care Glucose Testing Market Insights
- 4.1. Network Point-of-Care Glucose Testing Market – Industry Snapshot
- 4.2. Network Point-of-Care Glucose Testing Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Introduction of CLIA waived tests
- 4.2.1.2. Untapped opportunities in the developing economies
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Potential interference and calibration issues in glucose meters
- 4.3. Porter’s Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. Value Chain Analysis
- 4.6. Network Point-of-Care Glucose Testing Industry trends
- 4.7. COVID-19 Impact Analysis
- 5. Global Network Point-of-Care Glucose Testing Market, by Product
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Network Point-of-Care Glucose Testing Market, by Product, 2019-2032 (USD Million)
- 5.3. i-STAT
- 5.3.1. Global Network Point-of-Care Glucose Testing Market, by i-STAT, by Region, 2019-2032 (USD Million)
- 5.4. Accu-Chek Inform II
- 5.4.1. Global Network Point-of-Care Glucose Testing Market, by Accu-Chek Inform II, by Region, 2019-2032 (USD Million)
- 5.5. StatStrip
- 5.5.1. Global Network Point-of-Care Glucose Testing Market, by StatStrip, by Region, 2019-2032 (USD Million)
- 5.6. HemoCue
- 5.6.1. Global Network Point-of-Care Glucose Testing Market, by HemoCue, by Region, 2019-2032 (USD Million)
- 5.7. CareSens Expert Plus
- 5.7.1. Global Network Point-of-Care Glucose Testing Market, by CareSens Expert Plus, by Region, 2019-2032 (USD Million)
- 5.8. BAROzen H Expert Plus
- 5.8.1. Global Network Point-of-Care Glucose Testing Market, by BAROzen H Expert Plus, by Region, 2019-2032 (USD Million)
- 6. Global Network Point-of-Care Glucose Testing Market, by Geography
- 6.1. Key findings
- 6.2. Introduction
- 6.2.1. Network Point-of-Care Glucose Testing Market Assessment, By Geography, 2019-2032 (USD Million)
- 6.3. Network Point-of-Care Glucose Testing Market – North America
- 6.3.1. North America: Network Point-of-Care Glucose Testing Market, by Product, 2019-2032 (USD Million)
- 6.3.2. Network Point-of-Care Glucose Testing Market – U.S.
- 6.3.2.1. U.S.: Network Point-of-Care Glucose Testing Market, by Product, 2019-2032 (USD Million)
- 6.3.3. Network Point-of-Care Glucose Testing Market – Canada
- 6.3.3.1. Canada: Network Point-of-Care Glucose Testing Market, by Product, 2019-2032 (USD Million)
- 6.4. Network Point-of-Care Glucose Testing Market – Europe
- 6.4.1. Europe: Network Point-of-Care Glucose Testing Market, by Product, 2019-2032 (USD Million)
- 6.4.2. Network Point-of-Care Glucose Testing Market – UK
- 6.4.2.1. UK: Network Point-of-Care Glucose Testing Market, by Product, 2019-2032 (USD Million)
- 6.4.3. Network Point-of-Care Glucose Testing Market – France
- 6.4.3.1. France: Network Point-of-Care Glucose Testing Market, by Product, 2019-2032 (USD Million)
- 6.4.4. Network Point-of-Care Glucose Testing Market – Germany
- 6.4.4.1. Germany: Network Point-of-Care Glucose Testing Market, by Product, 2019-2032 (USD Million)
- 6.4.5. Network Point-of-Care Glucose Testing Market – Italy
- 6.4.5.1. Italy: Network Point-of-Care Glucose Testing Market, by Product, 2019-2032 (USD Million)
- 6.4.6. Network Point-of-Care Glucose Testing Market – Spain
- 6.4.6.1. Spain: Network Point-of-Care Glucose Testing Market, by Product, 2019-2032 (USD Million)
- 6.4.7. Network Point-of-Care Glucose Testing Market – Netherlands
- 6.4.7.1. Netherlands: Network Point-of-Care Glucose Testing Market, by Product, 2019-2032 (USD Million)
- 6.4.8. Network Point-of-Care Glucose Testing Market – Austria
- 6.4.8.1. Austria: Network Point-of-Care Glucose Testing Market, by Product, 2019-2032 (USD Million)
- 6.5. Network Point-of-Care Glucose Testing Market – Asia Pacific
- 6.5.1. Asia Pacific: Network Point-of-Care Glucose Testing Market, by Product, 2019-2032 (USD Million)
- 6.5.2. Network Point-of-Care Glucose Testing Market – China
- 6.5.2.1. China: Network Point-of-Care Glucose Testing Market, by Product, 2019-2032 (USD Million)
- 6.5.3. Network Point-of-Care Glucose Testing Market – India
- 6.5.3.1. India: Network Point-of-Care Glucose Testing Market, by Product, 2019-2032 (USD Million)
- 6.5.4. Network Point-of-Care Glucose Testing Market – Malaysia
- 6.5.4.1. Malaysia: Network Point-of-Care Glucose Testing Market, by Product, 2019-2032 (USD Million)
- 6.5.5. Network Point-of-Care Glucose Testing Market – Japan
- 6.5.5.1. Japan: Network Point-of-Care Glucose Testing Market, by Product, 2019-2032 (USD Million)
- 6.5.6. Network Point-of-Care Glucose Testing Market – Indonesia
- 6.5.6.1. Indonesia: Network Point-of-Care Glucose Testing Market, by Product, 2019-2032 (USD Million)
- 6.5.7. Network Point-of-Care Glucose Testing Market – South Korea
- 6.5.7.1. South Korea: Network Point-of-Care Glucose Testing Market, by Product, 2019-2032 (USD Million)
- 6.6. Network Point-of-Care Glucose Testing Market – Middle East & Africa
- 6.6.1. Middle East & Africa: Network Point-of-Care Glucose Testing Market, by Product, 2019-2032 (USD Million)
- 6.6.2. Network Point-of-Care Glucose Testing Market – Saudi Arabia
- 6.6.2.1. Saudi Arabia: Network Point-of-Care Glucose Testing Market, by Product, 2019-2032 (USD Million)
- 6.6.3. Network Point-of-Care Glucose Testing Market – UAE
- 6.6.3.1. UAE: Network Point-of-Care Glucose Testing Market, by Product, 2019-2032 (USD Million)
- 6.6.4. Network Point-of-Care Glucose Testing Market – Israel
- 6.6.4.1. Israel: Network Point-of-Care Glucose Testing Market, by Product, 2019-2032 (USD Million)
- 6.6.5. Network Point-of-Care Glucose Testing Market – South Africa
- 6.6.5.1. South Africa: Network Point-of-Care Glucose Testing Market, by Product, 2019-2032 (USD Million)
- 6.7. Network Point-of-Care Glucose Testing Market – Latin America
- 6.7.1. Latin America: Network Point-of-Care Glucose Testing Market, by Product, 2019-2032 (USD Million)
- 6.7.2. Network Point-of-Care Glucose Testing Market – Mexico
- 6.7.2.1. Mexico: Network Point-of-Care Glucose Testing Market, by Product, 2019-2032 (USD Million)
- 6.7.3. Network Point-of-Care Glucose Testing Market – Brazil
- 6.7.3.1. Brazil: Network Point-of-Care Glucose Testing Market, by Product, 2019-2032 (USD Million)
- 6.7.4. Network Point-of-Care Glucose Testing Market – Argentina
- 6.7.4.1. Argentina: Network Point-of-Care Glucose Testing Market, by Product, 2019-2032 (USD Million)
- 7. Competitive Landscape
- 7.1. Expansion and Acquisition Analysis
- 7.1.1. Expansion
- 7.1.2. Acquisitions
- 7.2. Partnerships/Collaborations/Agreements/Exhibitions
- 8. Company Profiles
- 8.1. F. Hoffmann-La Roche Ltd.
- 8.1.1. Company Overview
- 8.1.2. Financial Performance
- 8.1.3. Product Benchmarking
- 8.1.4. Recent Development
- 8.2. Bayer AG/Ascensia Diabetes Care Holdings AG
- 8.2.1. Company Overview
- 8.2.2. Financial Performance
- 8.2.3. Product Benchmarking
- 8.2.4. Recent Development
- 8.3. Nova Biomedical
- 8.3.1. Company Overview
- 8.3.2. Financial Performance
- 8.3.3. Product Benchmarking
- 8.3.4. Recent Development
- 8.4. Abbott, LLC (Lifescan, Inc.
- 8.4.1. Company Overview
- 8.4.2. Financial Performance
- 8.4.3. Product Benchmarking
- 8.4.4. Recent Development
- 8.5. Danaher
- 8.5.1. Company Overview
- 8.5.2. Financial Performance
- 8.5.3. Product Benchmarking
- 8.5.4. Recent Development
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