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Blood Glucose Test Strips Market Size, Share, Growth and Analysis Global Industry Report


The Business Research Company has announced the addition of the "Blood Glucose Test Strips Market Report 2019" report to their offering.
Blood Glucose Test Strips Market

Blood glucose test strips are made from fabric material embedded with sensors, electrodes and enzymes. They are thin paper or plastic strips which help to monitor blood glucose levels and control diabetes symptoms. A test strip is composed of several layers. The top layer serves as a mini-sponge to soak up the blood sample.

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Blood glucose test strips market grew from $9.4 billion in 2013 to $10.64 billion in 2017 at a compound annual growth rate (CAGR) of 3.15% and is forecast to grow to $12.93 billion at a CAGR of 5% by 2021.  
Major drivers of the blood glucose test strip industry in the historic period included increased diabetes cases, increased disposable income, and technological advances, while major restraints on the market included lack of diabetes awareness, decreased reimbursement prices, and development of alternative technologies for blood glucose monitoring.

The Key drivers of the blood glucose test strips market include:
Increase In Diabetes Cases - The blood glucose test strips market has been driven by the rising number of people being affected by diabetes. The International Diabetes Federation claims that almost 7 million people are diagnosed with diabetes every year. The disease continues to be the fourth leading cause of death in the world. This pool of global diabetes patients is predicted to increase to 629 million by 2045. This is mainly due to increasingly unhealthy lifestyles (rising inactivity and obesity) and growth of the aging population.

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Table Of Content:
Chapter 1.Executive Summary
Chapter 2.Blood Glucose Test Strips Market Characteristics
Chapter 3.Global Market Size and Growth
Chapter 4.Blood Glucose Test Strips Market PESTEL Analysis
Chapter 5.Blood Glucose Test Strips Market Customer Information
Chapter 6.Blood Glucose Test Strips Market Segmentation
Chapter 7.Global Blood Glucose Test Strips Market Comparison with Macro-Economic Factors
Chapter 8.Blood Glucose Test Strips Market Comparison with Macro-Economic Factors Across Countries
Chapter 9.Blood Glucose Test Strips Market Regional and Country Analysis
Chapter 10. Asia-Pacific Blood Glucose Test Strips Market
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