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Self-Monitoring Blood Glucose Strips Market
Self-Monitoring Blood Glucose Strips Market Market Research Report – Segmented By Product Type (DROP BLOOD TYPE BLOOD GLUCOSE STRIPS, SIPHON TYPE BLOOD GLUCOSE STRIPS), By End User (HOSPITALS, CLINICS, HOMECARE), By Region (EUROPE, ASIA-PACIFIC, LAMEA) & Region (North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America) – Analysis on Size, Share, Trends, COVID-19 Impact, Competitive Analysis, Growth Opportunities and Key Insights from 2019 to 2027.
Table of contents
- Executive Summary
- Market Overview
- Industry Analysis
- Market Analysis
- By Product Type
- By End User
- By Region
- North America
- Europe
- Asia-Pacific
- Middle-East & Africa
- Latin America
- Company Analysis
- Competitive Analysis
- Research Methodology
- Appendix
Executive Summary
Self-Monitoring Blood Glucose Strips Market was valued at US $16.36 billion in 2021 and is projected to grow at 10.68% CAGR over the forecast period to reach US $30.08 billion by 2027. Self-Monitoring Blood Glucose Strips Market represented US $3.01 billion opportunity over 2019-2021 and estimated to create US $13.72 billion opportunity in 2027 over 2021.
Self-Monitoring Blood Glucose Strips from Consainsights analyses the Self-Monitoring Blood Glucose Strips Market in the Life Sciences industry over the forecast period to 2027.
Self-Monitoring Blood Glucose Strips research report from Consainsights outlines the detailed strategic analysis, trends, market opportunities, growth prospects, industry and market challenges and sustainable solutions to sustain in the competitive environment.
Self-Monitoring Blood Glucose Strips segmentation includes Product Type, End User, Region and Geography.
Based on the Product Type, the Self-Monitoring Blood Glucose Strips analysis covers DROP BLOOD TYPE BLOOD GLUCOSE STRIPS, SIPHON TYPE BLOOD GLUCOSE STRIPS.
In Product Type segment, DROP BLOOD TYPE BLOOD GLUCOSE STRIPS segment has highest cagr growth of 9.44%.
Based on the End User, the Self-Monitoring Blood Glucose Strips analysis covers HOSPITALS, CLINICS, HOMECARE.
In End User segment, HOSPITALS segment has highest cagr growth of 9.44%.
Based on the Region, the Self-Monitoring Blood Glucose Strips analysis covers EUROPE, ASIA-PACIFIC, LAMEA.
In Region segment, ASIA-PACIFIC segment has highest cagr growth of 9.44%.
Based on the region, the Self-Monitoring Blood Glucose Strips analysis covers North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America.
Key companies operating in the market include LIFESCAN, INC., MEDTRONIC PLC, ROCHE DIAGNOSTICS, ABBOTT LABORATORIES, BD MEDICAL, BEURER GMBH, MEDIWISE LTD., MENARINI DIAGNOSTICS, BIOPTIK TECHNOLOGY, PULSATOM HEALTHCARE, AGAMATRIX, INC. and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.
Market Overview
Definition & Scope
The base currency considered was the US Dollar (USD). Conversion of other currencies to USD was considered on the basis of the average exchange rate for the respective review-period years. The exchange rate conversion for forecast period was determined according to the base year’s conversion rates.
The base year was identified based on the availability of annual reports and secondary information. The base year considered for this study is 2027.
The review period considered for this study is from 2018-2027. The CAGR is for the forecast period, 2022-2027.
Market size estimations for the forecast years were in real terms. Inflation is not part of the pricing, and the average selling price (ASP) was kept constant throughout the forecast period for each country.
Distribution of primary interviews conducted was based on the regional share of the market and the presence of key players in each region.
As a result of data triangulation through multiple methodologies and approaches, the weighted averages of resulting estimates were considered to be the final values.
Currency, Year & Forecast
The currency used in this report is USD, with the market size indicated in terms of USD million/billion.
For companies reporting their revenues in USD, the revenues were taken from their respective annual reports/SEC filings.
For companies reporting their revenues in other currencies, the average annual currency conversion rates were used for a particular year to convert the value to USD Market Definition.
Product Type
Introduction
In 2021, SIPHON TYPE BLOOD GLUCOSE STRIPS segment has the highest revenue of US $8.58 billion and is expected to grow at CAGR of 9.44% by 2027 DROP BLOOD TYPE BLOOD GLUCOSE STRIPS segment has highest cagr growth of 9.44%.
DROP BLOOD TYPE BLOOD GLUCOSE STRIPS
DROP BLOOD TYPE BLOOD GLUCOSE STRIPS segment was valued at US $6.35 billion in 2019 and is projected to grow at 9.44% CAGR over the forecast period to reach US $14.31 billion by 2027. DROP BLOOD TYPE BLOOD GLUCOSE STRIPS segment represented US $1.43 billion opportunity over 2019-2021 and estimated to create US $6.53 billion opportunity in 2027 over 2021.
SIPHON TYPE BLOOD GLUCOSE STRIPS
SIPHON TYPE BLOOD GLUCOSE STRIPS segment was valued at US $7.00 billion in 2019 and is projected to grow at 9.44% CAGR over the forecast period to reach US $15.77 billion by 2027. SIPHON TYPE BLOOD GLUCOSE STRIPS segment represented US $1.58 billion opportunity over 2019-2021 and estimated to create US $7.19 billion opportunity in 2027 over 2021.
End User
Introduction
In 2021, HOSPITALS segment has the highest revenue of US $8.68 billion and is expected to grow at CAGR of 9.44% by 2027 HOSPITALS segment has highest cagr growth of 9.44%.
HOSPITALS
HOSPITALS segment was valued at US $7.08 billion in 2019 and is projected to grow at 9.44% CAGR over the forecast period to reach US $15.95 billion by 2027. HOSPITALS segment represented US $1.59 billion opportunity over 2019-2021 and estimated to create US $7.27 billion opportunity in 2027 over 2021.
CLINICS
CLINICS segment was valued at US $4.73 billion in 2019 and is projected to grow at 9.44% CAGR over the forecast period to reach US $10.66 billion by 2027. CLINICS segment represented US $1.07 billion opportunity over 2019-2021 and estimated to create US $4.86 billion opportunity in 2027 over 2021.
HOMECARE
HOMECARE segment was valued at US $1.54 billion in 2019 and is projected to grow at 9.44% CAGR over the forecast period to reach US $3.46 billion by 2027. HOMECARE segment represented US $0.35 billion opportunity over 2019-2021 and estimated to create US $1.58 billion opportunity in 2027 over 2021.
Region
Introduction
In 2021, EUROPE segment has the highest revenue of US $9.24 billion and is expected to grow at CAGR of 9.44% by 2027 ASIA-PACIFIC segment has highest cagr growth of 9.44%.
EUROPE
EUROPE segment was valued at US $7.54 billion in 2019 and is projected to grow at 9.44% CAGR over the forecast period to reach US $16.98 billion by 2027. EUROPE segment represented US $1.70 billion opportunity over 2019-2021 and estimated to create US $7.74 billion opportunity in 2027 over 2021.
ASIA-PACIFIC
ASIA-PACIFIC segment was valued at US $5.78 billion in 2019 and is projected to grow at 9.44% CAGR over the forecast period to reach US $13.02 billion by 2027. ASIA-PACIFIC segment represented US $1.30 billion opportunity over 2019-2021 and estimated to create US $5.94 billion opportunity in 2027 over 2021.
LAMEA
LAMEA segment was valued at US $0.03 billion in 2019 and is projected to grow at 9.44% CAGR over the forecast period to reach US $0.08 billion by 2027. LAMEA segment represented US $0.01 billion opportunity over 2019-2021 and estimated to create US $0.03 billion opportunity in 2027 over 2021.