Global Diabetes Test Strips Market Size, Share and Trends Analysis Report, By Type (Thick-Film and Thin-Film), By End-Use (Hospitals, Home Care, and Diagnostic Laboratories), Forecast Period (2022-2028)

 

The global diabetes test strips market is anticipated to grow at a significant CAGR of 7.1% during the forecast period (2022-2028). The rising diabetes epidemic around the globe is the primary market driver for diabetes test strips. According to the World Health Organization (WHO), the number of people living with diabetes globally was 171 million in 2000, and it is expected to climb to 366 million by 2030. In addition, the global obesity epidemic, particularly in the US, and the growing senior population are fueling the diabetes epidemic. Furthermore, as wages rise in China and India’s developing and major economies, the market for diabetes test strips is growing at a quicker rate. A growing population in these economies, combined with a greater emphasis on healthcare, will drive the diabetes test strip market in these emerging markets.  

Diabetes Test Strips Market Segmentation:

By Type 

• Thick-Film
• Thin-Film

By End-Use

• Hospitals
• Home Care
• Diagnostic Laboratories

Competitive Landscape- Abbott Laboratories, ARKRAY, Inc., Bayer Healthcare AG., F.Hoffmann-La Roche Ltd., LifeScan IP Holdings, LLC, and LifeScan, Inc., among others.

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 in this report:

• What is the size of the Diabetes Test Strips market and what is its expected growth rate?
• What are the primary driving factors that push the Diabetes Test Strips Market forward?
• What are the Diabetes Test Strips Industry’s top companies?
• What are the different categories that the Diabetes Test Strips Market caters to?
• What will be the fastest-growing segment or region?
• In the value chain, what role do essential players play?
• What is the procedure for getting a free copy of the Diabetes Test Strips Market sample report and company profiles?