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Test Strips Market Share
- Report ID: GMI4196
- Published Date: Sep 2019
- Report Format: PDF
Test Strips Market Share
Few of the notable test strips industry players operating in global test strip market are
- Roche
- Abbott
- Lifescan
- Bayer
- B Braun
- Siemens
- Arkray
- Henry Schein
- Acon
- Tiadoc
These industry players implemented various strategies such as mergers and acquisitions, collaborations, accreditations, etc. in order to capture high revenue share in test strip industry.
Frequently Asked Questions (FAQ) :
The market size of test strips exceeded USD 8.6 billion in 2018.
The industry share of test strips is expected to expand at 3.8% CAGR from 2019 to 2025.
Test strips are used to monitor or control glucose level of a diabetic patient which helps pre-diabetic and diabetic people track their blood glucose level on a regular basis without visiting a clinic or a diagnostic laboratory.
U.S. market is expected to hold considerable market size of 4.9 billion in 2018, owing to increasing number of companies manufacturing diabetes test strips, says a GMI report.
Thin-film strips are expected to witness lucrative growth of 4% across the forecast years due to usage of novel nano technology in these test strips.
Test strips Market Scope
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