The introduction of new blood glucose tests for testing blood glucose levels in the body is a growing trend in the market, a report from The Business Research Company shows. Many diabetes patients are afraid or unwilling to prick themselves with lancets each time for testing. The American Diabetes Association (ADA) recently recommended the use of the HbA1c test for diagnosing diabetes. Previously, HbA1c monitoring devices were approved by the US’s Federal Drugs Administration only for long term glucose control, but that is under review for extension to Type 2 diabetes monitoring. Diabetes Australia now also recommends HbA1c testing every three to six months for type II diabetics. These alternative methods of diabetes testing will negatively affect the blood glucose test strips market.
Other innovations are under development. For instance, in July 2017, Abbott Laboratories launched its FreeStyle Libre glucose monitoring system in New Zealand. It is a new system that eliminates the need for routine finger pricks. In 2017, the Massachusetts Institute of Technology Media Lab and Harvard Medical School collaborated on R&D for their Dermal Abyss project which focuses on innovative diabetes tattoos with biosensors and checks blood glucose levels in the body.
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Despite this and other threats, growth rates in most world regions will be healthily above the growth of their GDP. Obesity, a major risk factor for diabetes, is increasing rapidly in areas of the world previously noted more for problems of malnutrition. For instance, obesity in the Asia-Pacific region has grown rapidly: from 2012 to 2016 obesity grew at 5.9% a year in India, 5.5% in China, and 4.5% in Japan. Increases in obesity in these populations are directly proportional to their rise in diabetes cases and indirectly to the growth of the blood glucose test strip market.
As a result, Asia Pacific is the region where demand for blood glucose test strips has been growing fastest.
Where To Learn More
Read the Blood Glucose Test Strips Market Global Report 2018 from The Business Research Company for information on the following:
Markets Covered: Blood glucose test strip market, blood glucose strips using glucose dehydrogenase, blood glucose strip using glucose oxidase, thick film, thin film and optical blood glucose strips
Markets Covered: Blood glucose test strip market, blood glucose strips using glucose dehydrogenase, blood glucose strip using glucose oxidase, thick film, thin film and optical blood glucose strips
Regions: North America, Asia Pacific, Western Europe, South America, Eastern Europe, Middle East, Africa.
Countries: USA, China, Japan, Germany, Brazil, France, Italy, UK, Australia, India, Spain, Russia.
Time Series: Five years historic (2013-17) and forecast (2017-21).
Data: Blood glucose test strip market size and growth for 7 regions and 12 countries; global regional and country blood glucose test strip market size and growth segmented by type of technology and by electrode material; global, regional and country blood glucose test strips per capita consumption and market size as a percentage of GDP 2013-21; Roche, Johnson & Johnson, Ascensia, Abbott, Nipro Diagnostics, Terumo, Arkray, Omron financial performance 2013-21
Other Information: PESTEL analysis, drivers and restraints, customer and operational insights, blood glucose test strip market by region and country covering opportunities, associations, investment and expansion plans, corporate tax structure and competitive landscape; blood glucose test strip market trends and strategies.
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes. Sources include primary as well as extensive secondary research.
Number of Figures in the report: 97
Number of Tables in the report: 102
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Table of Contents
Executive Summary……………………………………………………………………………………………………………………………… 15
Blood Glucose Test Strips Market Characteristics……………………………………………………………………………………….. 16
Diabetes………………………………………………………………………………………………………………………………………… 16
Prevalence of Diabetes Across Countries………………………………………………………………………………………………. 17
The Product – Blood Glucose Test Strips……………………………………………………………………………………………….. 18
Blood Glucose Test Strips Value Chain and Key Participants………………………………………………………………………. 20
Prices……………………………………………………………………………………………………………………………………………. 21
Blood Glucose Test Strips Market Segments Definitions…………………………………………………………………………… 22
Blood Glucose Test Strips Segmented By Technology……………………………………………………………………………. 22
Blood Glucose Test Strips Market Segmented By Type Of Electrode Used…………………………………………………. 22
Global Market Size and Growth……………………………………………………………………………………………………………… 23
Global Blood Glucose Test Strips Market Size 2017…………………………………………………………………………………. 23
Global Blood Glucose Test Strips Market Historic Growth By Value and Volume……………………………………………. 23
Drivers Of The Market……………………………………………………………………………………………………………………. 25
Restraints On The Market………………………………………………………………………………………………………………. 25
Blood Glucose Test Strips Market Forecast Growth By Value and Volume……………………………………………………. 27
Drivers Of The Market……………………………………………………………………………………………………………………. 29
Restraints On The Market………………………………………………………………………………………………………………. 29
Blood Glucose Test Strips Market PESTEL Analysis……………………………………………………………………………………… 31
Political…………………………………………………………………………………………………………………………………………. 31
Government Awareness Programs And Initiatives……………………………………………………………………………….. 32
Rising Public Insurance…………………………………………………………………………………………………………………… 32
Uncertain Policies…………………………………………………………………………………………………………………………. 32
Economic……………………………………………………………………………………………………………………………………….. 33
Rising Healthy Food Prices……………………………………………………………………………………………………………… 33
Relation Between Income and Diabetes…………………………………………………………………………………………….. 33
Social…………………………………………………………………………………………………………………………………………….. 34
Unhealthy Lifestyles………………………………………………………………………………………………………………………. 34
Growing Geriatric Population………………………………………………………………………………………………………….. 34
Increasing Health Awareness…………………………………………………………………………………………………………… 34
Technological………………………………………………………………………………………………………………………………….. 35
Wearable Technology and Digitalization……………………………………………………………………………………………. 35
Shift To Point Of Care Diagnostics…………………………………………………………………………………………………….. 36
Environmental………………………………………………………………………………………………………………………………… 36
Legal…………………………………………………………………………………………………………………………………………….. 36
Stringent Regulations and Directives…………………………………………………………………………………………………. 36
Tax Exemptions……………………………………………………………………………………………………………………………. 36
Blood Glucose Test Strips Market Customer Information…………………………………………………………………………….. 37
Cost of Test Strips……………………………………………………………………………………………………………………………. 37
Brand Preference…………………………………………………………………………………………………………………………….. 37
Restriction On the Use of Blood Glucose Test Strips………………………………………………………………………………… 37
Reduction in the Reimbursement of Test Strips……………………………………………………………………………………… 37
Accuracy of the Test Strip………………………………………………………………………………………………………………….. 37
Blood Glucose Test Strips Market Segmentation………………………………………………………………………………………… 38
Global Blood Glucose Test Strips Market, 2017, By Segment, By Technology………………………………………………… 38
Glucose Dehydrogenase…………………………………………………………………………………………………………………. 39
Glucose Oxidase…………………………………………………………………………………………………………………………… 39
Blood Glucose Test Strips Market, Historic And Forecast Growth Rate, By Segment, By Technology, 2013-2021…… 39
Blood Glucose Test Strips Market, 2017, By Segment, By Electrode Material Used…………………………………………. 41
Thick Film Electrochemical Strips……………………………………………………………………………………………………… 41
Thin Film Electrochemical………………………………………………………………………………………………………………. 42
Optical……………………………………………………………………………………………………………………………………….. 42
Global Blood Glucose Test Strips Market Comparison with Macro-Economic Factors…………………………………………. 43
Blood Glucose Test Strips Market Size, Percentage Of GDP, Global…………………………………………………………….. 43
Per Capita Blood Glucose Test Strips Market Expenditure, Global………………………………………………………………. 44
Blood Glucose Test Strips Market Comparison with Macro-Economic Factors Across Countries……………………………. 45
Blood Glucose Test Strips Market Size, Percentage Of GDP, By Country……………………………………………………….. 45
Per Capita Blood Glucose Test Strips Expenditure, By Country…………………………………………………………………… 46
Blood Glucose Test Strips Market Regional and Country Analysis…………………………………………………………………… 48
Blood Glucose Test Strips Market, 2017, By Region…………………………………………………………………………………. 48
Blood Glucose Test Strips Market, Historic And Forecast Growth Rate, Split By Region, 2013-2021………………… 50
Blood Glucose Test Strips Market, 2017, By Country…………………………………………………………………………….. 52
Blood Glucose Test Strips Market, Historic And Forecast Growth Rate, By Country, 2013-2021……………………… 53
Asia-Pacific Blood Glucose Test Strips Market……………………………………………………………………………………………. 55
Asia Pacific Blood Glucose Test Strips Market Overview…………………………………………………………………………… 55
Asia Pacific Blood Glucose Test Strips Market Historic Growth…………………………………………………………………… 58
Asia Pacific Blood Glucose Test Strips Market Forecast Growth………………………………………………………………….. 59
Asia Pacific Blood Glucose Test Strips Market, 2017, Segmentation, By Technology……………………………………….. 60
Asia Pacific Blood Glucose Test Strips Market, Historic And Forecast Growth Rate, By Technology, 2013-2021…….. 61
China Blood Glucose Test Strips Market…………………………………………………………………………………………………… 62
China Blood Glucose Test Strips Market Overview………………………………………………………………………………….. 62
China Blood Glucose Test Strips Market Size 2017………………………………………………………………………………….. 65
China Blood Glucose Test Strips Market Historic Growth………………………………………………………………………….. 65
China Blood Glucose Test Strips Market Forecast Growth…………………………………………………………………………. 66
China Blood Glucose Test Strips Market, Segmentation, By Technology, 2017………………………………………………. 67
China Blood Glucose Test Strips Market, Historic And Forecast Growth Rate, By Technology, 2013-2021……………. 68
India Blood Glucose Test Strips Market……………………………………………………………………………………………………. 69
India Blood Glucose Test Strips Market Overview…………………………………………………………………………………… 69
India Blood Glucose Test Strips Market Size 2017……………………………………………………………………………………. 72
India Blood Glucose Test Strips Market Historic Growth…………………………………………………………………………… 72
India Blood Glucose Test Strips Market Forecast Growth………………………………………………………………………….. 73
India Blood Glucose Test Strips Market, Segmentation, By Technology, 2017……………………………………………….. 74
India Blood Glucose Test Strips Market, Historic And Forecast Growth Rate, By Technology, 2013-2021…………….. 75
Japan Blood Glucose Test Strips Market…………………………………………………………………………………………………… 76
Japan Blood Glucose Test Strips Market Overview………………………………………………………………………………….. 76
Japan Blood Glucose Test Strips Market Size 2017………………………………………………………………………………….. 78
Japan Blood Glucose Test Strips Market Historic Growth………………………………………………………………………….. 78
Japan Blood Glucose Test Strips Market Forecast Growth…………………………………………………………………………. 79
Japan Blood Glucose Test Strips Market, Segmentation, By Technology, 2017………………………………………………. 80
Japan Blood Glucose Test Strips Market, 2013-2021, Historic And Forecast Growth Rate, By Technology……………. 81
Australia Blood Glucose Test Strips Market………………………………………………………………………………………………. 82
Australia Blood Glucose Test Strips Market Overview………………………………………………………………………………. 82
Australia Blood Glucose Test Strips Market Size 2017………………………………………………………………………………. 83
Australia Blood Glucose Test Strips Market Historic Growth……………………………………………………………………… 83
Australia Blood Glucose Test Strips Market Forecast Growth…………………………………………………………………….. 84
Australia Blood Glucose Test Strips Market, 2017, Segmentation, By Technology………………………………………….. 85
Australia Blood Glucose Test Strips Market, Historic And Forecast Growth Rate, By Technology, 2013-2021……….. 86
Western Europe Blood Glucose Test Strips Market…………………………………………………………………………………….. 87
Western Europe Blood Glucose Test Strips Market Overview…………………………………………………………………….. 87
Western Europe Blood Glucose Test Strips Market Historic Growth……………………………………………………………. 90
Western Europe Blood Glucose Test Strips Market Forecast Growth…………………………………………………………… 91
Western Europe Blood Glucose Test Strips Market, Segmentation, By Technology, 2017………………………………… 92
Western Europe Blood Glucose Test Strips Market, Historic And Forecast Growth Rate, By Technology, 2013-2021 93
UK Blood Glucose Test Strips Market………………………………………………………………………………………………………. 94
UK Blood Glucose Test Strips Market Overview………………………………………………………………………………………. 94
UK Blood Glucose Test Strips Market Size 2017………………………………………………………………………………………. 97
UK Blood Glucose Test Strips Market Historic Growth……………………………………………………………………………… 97
UK Blood Glucose Test Strips Market Forecast Growth…………………………………………………………………………….. 98
UK Blood Glucose Test Strips Market, Segmentation, By Technology, 2017………………………………………………….. 99
UK Blood Glucose Test Strips Market, Historic And Forecast Growth Rate, By Technology, 2013-2021……………… 100
Germany Blood Glucose Test Strips Market…………………………………………………………………………………………….. 101
Germany Blood Glucose Test Strips Market Overview……………………………………………………………………………. 101
Germany Blood Glucose Test Strips Market Size 2017……………………………………………………………………………. 102
Germany Blood Glucose Test Strips Market Historic Growth……………………………………………………………………. 102
Germany Blood Glucose Test Strips Market Forecast Growth…………………………………………………………………… 103
Germany Blood Glucose Test Strips Market, 2017, Segmentation, By Technology………………………………………… 104
Germany Blood Glucose Test Strips Market, Historic And Forecast Growth Rate, By Technology, 2013-2021……… 105
Spain Blood Glucose Test Strips Market………………………………………………………………………………………………….. 106
Spain Blood Glucose Test Strips Market Overview…………………………………………………………………………………. 106
Spain Blood Glucose Test Strips Market Size 2017…………………………………………………………………………………. 107
Spain Blood Glucose Test Strips Market Historic Growth…………………………………………………………………………. 107
Spain Blood Glucose Test Strips Market Forecast Growth……………………………………………………………………….. 108
Spain Blood Glucose Test Strips Market, 2017, Segmentation, By Technology……………………………………………… 109
Spain Blood Glucose Test Strips Market, Historic And Forecast Growth Rate, By Technology, 2013-2021………….. 110
France Blood Glucose Test Strips Market………………………………………………………………………………………………… 111
France Blood Glucose Test Strips Market Overview……………………………………………………………………………….. 111
France Blood Glucose Test Strips Market Size 2017……………………………………………………………………………….. 112
France Blood Glucose Test Strips Market Historic Growth……………………………………………………………………….. 112
France Blood Glucose Test Strips Market Forecast Growth……………………………………………………………………… 113
France Blood Glucose Test Strips Market, 2017, Segmentation, By Technology……………………………………………. 114
France Blood Glucose Test Strips Market, Historic And Forecast Growth Rate, By Technology, 2013-2021…………. 115
Italy Blood Glucose Test Strips Market…………………………………………………………………………………………………… 116
Italy Blood Glucose Test Strips Market Overview…………………………………………………………………………………… 116
Italy Blood Glucose Test Strips Market Size 2017…………………………………………………………………………………… 117
Italy Blood Glucose Test Strips Market Historic Growth………………………………………………………………………….. 117
Italy Blood Glucose Test Strips Market Forecast Growth…………………………………………………………………………. 118
Italy Blood Glucose Test Strips Market, 2017, Segmentation, By Technology………………………………………………. 119
Italy Blood Glucose Test Strips Market, Historic And Forecast Growth Rate, By Technology, 2013-2021……………. 120
Eastern Europe Blood Glucose Test Strips Market…………………………………………………………………………………….. 121
Eastern Europe Blood Glucose Test Strips Market Overview……………………………………………………………………. 121
Eastern Europe Blood Glucose Test Strips Market Historic Growth……………………………………………………………. 123
Eastern Europe Blood Glucose Test Strips Market Forecast Growth…………………………………………………………… 124
Eastern Europe Blood Glucose Test Strips Market, 2017, Segmentation, By Technology………………………………… 125
Eastern Europe Blood Glucose Test Strips Market, Historic And Forecast Growth Rate, By Technology, 2013-2021 126
Russia Blood Glucose Test Strips Market………………………………………………………………………………………………… 127
Russia Blood Glucose Test Strips Market Overview………………………………………………………………………………… 127
Russia Blood Glucose Test Strips Market Size 2017………………………………………………………………………………… 128
Russia Blood Glucose Test Strips Market Historic Growth……………………………………………………………………….. 128
Russia Blood Glucose Test Strips Market Forecast Growth………………………………………………………………………. 129
Russia Blood Glucose Test Strips Market, 2017, Segmentation, By Technology……………………………………………. 130
Russia Blood Glucose Test Strips Market, 2013-2021, Historic And Forecast Growth Rate, By Technology…………. 131
North America Blood Glucose Test Strips Market……………………………………………………………………………………… 132
North America Blood Glucose Test Strips Market Overview…………………………………………………………………….. 132
North America Blood Glucose Test Strips Market Historic Growth…………………………………………………………….. 134
North America Blood Glucose Test Strips Market Forecast Growth……………………………………………………………. 136
North America Blood Glucose Test Strips Market, Segmentation, By Technology, 2017…………………………………. 137
North America Blood Glucose Test Strips Market, Historic And Forecast Growth Rate, By Technology, 2013-2021. 138
USA Blood Glucose Test Strips Market……………………………………………………………………………………………………. 139
USA Blood Glucose Test Strips Market Overview…………………………………………………………………………………… 139
USA Blood Glucose Test Strips Market Size 2017…………………………………………………………………………………… 142
USA Blood Glucose Test Strips Market Historic Growth…………………………………………………………………………… 142
USA Blood Glucose Test Strips Market Forecast Growth…………………………………………………………………………. 143
USA Blood Glucose Test Strips Market, 2017, Segmentation, By Technology……………………………………………….. 144
USA Blood Glucose Test Strips Market, 2013-2021, Historic And Forecast Growth Rate, By Technology……………. 145
South America Blood Glucose Test Strips Market……………………………………………………………………………………… 146
South America Blood Glucose Test Strips Market Overview…………………………………………………………………….. 146
South America Blood Glucose Test Strips Market Historic Growth…………………………………………………………….. 148
South America Blood Glucose Test Strips Market Forecast Growth……………………………………………………………. 149
South America Blood Glucose Test Strips Market, Segmentation, By Technology, 2017…………………………………. 150
South America Blood Glucose Test Strips Market, 2013-2021, Historic And Forecast Growth Rate, By Technology. 151
Brazil Blood Glucose Test Strips Market………………………………………………………………………………………………….. 152
Brazil Blood Glucose Test Strips Market Overview…………………………………………………………………………………. 152
Brazil Blood Glucose Test Strips Market Size 2017…………………………………………………………………………………. 153
Brazil Blood Glucose Test Strips Market Historic Growth…………………………………………………………………………. 153
Brazil Blood Glucose Test Strips Market Forecast Growth……………………………………………………………………….. 154
Brazil Blood Glucose Test Strips Market, Segmentation, By Technology, 2017……………………………………………… 155
Brazil Blood Glucose Test Strips Market, Historic And Forecast Growth Rate, By Technology, 2013-2021………….. 156
Middle-East Blood Glucose Test Strips Market…………………………………………………………………………………………. 157
Middle-East Blood Glucose Test Strips Market Overview………………………………………………………………………… 157
Middle East Blood Glucose Test Strips Market Historic Growth………………………………………………………………… 159
Middle East Blood Glucose Test Strips Market Forecast Growth……………………………………………………………….. 160
Middle East Blood Glucose Test Strips Market, 2017, Segmentation, By Technology…………………………………….. 161
Middle East Blood Glucose Test Strips Market, 2013-2021, Historic And Forecast Growth Rate, By Technology….. 162
Africa Blood Glucose Test Strips Market…………………………………………………………………………………………………. 163
Africa Blood Glucose Test Strips Market Overview………………………………………………………………………………… 163
Africa Blood Glucose Test Strips Market Historic Growth………………………………………………………………………… 165
Africa Blood Glucose Test Strips Market Forecast Growth……………………………………………………………………….. 166
Africa Blood Glucose Test Strips Market, Segmentation, By Technology, 2017…………………………………………….. 167
Africa Blood Glucose Test Strips Market, Historic And Forecast Growth Rate, By Technology, 2013-2021………….. 168
Blood Glucose Test Strips Market Competitive Landscape………………………………………………………………………….. 169
LifeScan……………………………………………………………………………………………………………………………………….. 169
Company Overview……………………………………………………………………………………………………………………… 169
Blood Glucose Test Strips Product Portfolio………………………………………………………………………………………. 170
Company Sales And Growth Strategy………………………………………………………………………………………………. 172
Recent News And Developments……………………………………………………………………………………………………. 172
Roche Holding AG…………………………………………………………………………………………………………………………… 173
Company Overview……………………………………………………………………………………………………………………… 173
Blood Glucose Test Strips Product Portfolio………………………………………………………………………………………. 173
Company Sales And Growth Strategy………………………………………………………………………………………………. 174
Recent News And Developments……………………………………………………………………………………………………. 175
Abbott Laboratories……………………………………………………………………………………………………………………….. 176
Company Overview……………………………………………………………………………………………………………………… 176
Blood Glucose Test Strips Product Portfolio………………………………………………………………………………………. 176
Company Sales And Growth Strategy………………………………………………………………………………………………. 178
Recent News And Developments……………………………………………………………………………………………………. 178
Blood Glucose Test Strips Market Key Mergers And Acquisitions…………………………………………………………………. 180
Abbott Acquired Alere…………………………………………………………………………………………………………………. 180
Panasonic Healthcare Holdings Acquired Business From Bayer……………………………………………………………… 180
Sinocare Acquired Nipro Diagnostics……………………………………………………………………………………………….. 180
Pharma Tech Solutions Acquired Shasta Technologies………………………………………………………………………… 180
Blood Glucose Test Strips Market Trends And Strategies……………………………………………………………………………. 181
New FDA Guidelines On Blood Glucose Test Strips And Meters…………………………………………………………….. 181
Development Of Generic Blood Glucose Test Strips……………………………………………………………………………. 181
Silk Strips – A Low Cost Alternative…………………………………………………………………………………………………. 181
Innovative Blood Glucose Testing Methods………………………………………………………………………………………. 182
Appendix…………………………………………………………………………………………………………………………………………. 183
Definition……………………………………………………………………………………………………………………………………… 183
Research Methodology……………………………………………………………………………………………………………………. 183
Primary Research – Interview Transcripts……………………………………………………………………………………………. 184
Abbreviations………………………………………………………………………………………………………………………………… 191
Currencies……………………………………………………………………………………………………………………………………. 191
Research Inquiries………………………………………………………………………………………………………………………….. 191
The Business Research Company……………………………………………………………………………………………………….. 191
Copyright and Disclaimer…………………………………………………………………………………………………………………. 191
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