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.
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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.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Blood Glucose Test Strips Market
- The market share of the global Blood Glucose Test Strips Market supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Blood Glucose Test Strips Market
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Blood Glucose Test Strips Market
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
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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.
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