Global Blood Glucose Test Strips Market

May 2020| VMR2139A| Verified Market Research

Report Highlights

Blood Glucose Test Strips Market Size And Forecast

According to Verified Market Research, Global Blood Glucose Test Strips Market was valued at USD 7.7 Billion in 2018 and is projected to reach USD 9.03 Billion by 2026, growing at a CAGR of 1.9% from 2019 to 2026.

Global Blood Glucose Test Strips Market Outlook

The global blood glucose test strips market is majorly driven by the increasing number of diabetic patients across the world. The significant investments in research and development activities to bring about improvements in the existing product line as well as to develop new effective strips are some major factors escalating the market on the global height. Moreover, rising awareness, rapid industrialization and urbanization, government initiatives, and changing lifestyles are some other factors that are stimulating the growth of the global market. On the contrary, availability of alternative testing methods and reducing the price of the product faced with these substitutes are the major factors that might hinder the market growth. 

Global Blood Glucose Test Strips Market Competitive Landscape 

The Global Blood Glucose Test Strips Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Ascensia Diabetes Care, Bionime Corporation, Johnson & Johnson, Roche, Rossmax, Trivida, Arkray, Agamatrix Inc., Acon, and Abbott Diabetes Care.

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