In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Blood Glucose Testing market for 2018-2023.
Blood glucose testing, also known as blood glucose monitoring, is one of the main tools involved in controlling diabetes. Blood glucose testing is the process used to measure the concentration of glucose in your blood. Blood glucose testing can be carried out at home using a blood glucose meter.
The classification of Blood Glucose Testing includes Glucose Oxidase, Glucose Dehydrogenase and other, and the proportion of Glucose Oxidase in 2017 is about 50.6%.
North America is the largest consumption place, with a consumption market share nearly 31.2% in 2017. Following North America, Europe is the second largest consumption place with the consumption market share of 29.5%.
In previous years, affected by demand, there is a rapid increase of blood glucose testing industry. During 2012–2017, blood glucose testing industry kept increasing at a high speed, which in China CAGR is 6.5% in 2012-2017. In the next few years, blood glucose testing industry will maintain increasing at a relatively high growth rate. Investors are still optimistic about this area; the future will still have more new investment enter the field.
Over the next five years, LPI(LP Information) projects that Blood Glucose Testing will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Blood Glucose Testing market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Glucose Oxidase
Glucose Dehydrogenase
Other
Segmentation by application:
Hospital
Clinic
Household
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East and Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Roche
LIFESCAN
Abbott
Ascensia
ARKRAY
I-SENS
Omron
B. Braun
Nipro Dagnostics
77 Elektronika
AgaMatrix
Infopia
ALL Medicus
Terumo
SANNUO
Yicheng
Yuwell
Edan
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Blood Glucose Testing consumption (value and volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Blood Glucose Testing market by identifying its various subsegments.
Focuses on the key global Blood Glucose Testing manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Blood Glucose Testing with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Blood Glucose Testing submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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