In the last several years, global market of Blood Glucose Testing developed rapidly, with an average growth rate of 4%. In 2017, global revenue of Blood Glucose Testing (Blood Glucose Test Strips) is nearly 9400 M USD; the actual production is about 41000 million units.
In 2017, global revenue of blood glucose lancet is nearly 980 M USD with CAGR 3.8%; global revenue of blood glucose meter is nearly 600 M USD with CAGR 2.8%.
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%.
Blood Glucose Testing is widely used in Hospital, Clinic and Household. The most proportion of Blood Glucose Testing is used in household, and the sales proportion is about 72.6% in 2017.
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%.
Market competition is intense. Roche, LIFESCAN, Abbott, Ascensia, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
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.
The Global Blood Glucose Testing Sales Market Report 2018 This report released by QYResearch provides a basic overview of the Blood Glucose Testing industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.
The report then focuses on major industry players in global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Blood Glucose Testing industry development trends and marketing channels were analyzed.Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.