Blood Glucose Test Strips Market Research Report 2021-2027 | Share, Global Trends, Key Players, Growth Analysis

The Blood Glucose Test Strips Market size is expected to grow at an annual average of 5% during 2021-2027. A blood glucose test strip consists of an electrode, a sensor, and a cloth containing enzymes. A strip is a thin paper or plastic strip that monitors blood sugar levels and helps control diabetes symptoms. A test strip basically consists of several layers. The top layer consists of a mini sponge that absorbs a blood sample. The middle layer acts as a filter that directs the blood sample to the reaction center. The next layer consists of enzymes that react with blood sugar. And finally, on the bottom layer is a gold and palladium coated circuit that delivers reactive electrons to the meter for analysis. When blood is placed in a test strip, it reacts with a chemical called glucose oxidase to produce gluconic acid from the glucose in the blood.

The following segmentation are covered in this report:

By Application

• Hospitals and diagnostic laboratories
• Home care settings
• POL

By Distribution Channel

• Online
• Offline

By Type

• Type I Diabetes
• Type II Diabetes

Company Profile

• Abbott
• Roche
• ARKRAY, Inc.
• Ascensia Diabetes Care
• LifeScan IP Holdings, LLC
• AgaMatrix
• Johnson & Johnson
• Bionime Corporation
• ACON Laboratories, Inc.
• Trividia Health, Inc.
• Rossmax International Ltd.

Scope of the report

The research study analyses the Blood Glucose Test Strips Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent developments

• Market overview and growth analysis
• Import and export overview
• Volume analysis
• Current market trends and future outlook
• Market opportunistic and attractive investment segment

Geographic coverage

• North america market size and/or volume
• Latin america market size and/or volume
• Europe market size and/or volume
• Asia-pacific market size and/or volume
• Rest of the world market size and/or volume

Key Questions Answered by Blood Glucose Test Strips Market Report

• What was the Blood Glucose Test Strips Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027)
• What will be the CAGR of Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
• Which manufacturer/vendor/players in the Blood Glucose Test Strips Market was the market leader in 2020?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.