Business Health News Science Technology

Blood Glucose Test Strip Market Size, Share, Device Overview in Asia Pacific, Opportunities, Revenue Analysis by Forecast to 2023

Asia Pacific Blood Glucose Test Strip Market
Asia Pacific Blood Glucose Test Strip Market
Press Release

Market Scenario:
Blood glucose test strip are small & disposable and they are used to monitor the blood glucose level. It plays an important role in the blood glucose monitoring and treatment of diabetes. Total diabetic population in China is 113 million, which accounts 11% of total Chinese population, whereas 67 million people in India have diabetes. Additionally, 20% of population from most of the South Indian cities have diabetes. According to a study, China has the highest smoking rate and smoking increases the chances of developing diabetes by 45% as compare to non-smoker, which, in turn, will drive the growth of the market over the assessment period.

The blood glucose test strip market is increasing due to increasing diabetic population, developing technology, increasing R &D in diabetes, increasing awareness among the people, and improving diagnosis and treatment techniques for diabetes. On the other hand, high cost of the strips and introduction of sensor technology, which continuously monitor and indicate blood glucose level may hamper the growth of the market.

Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/625

Major Key Players

Some of the major key players in the market are

  • Abbott (US)
  • LifeScan, Inc. (US)
  • BioSensors, Inc. (US)
  • AgaMatrix (US)
  • Hoffmann-La Roche Ltd (Switzerland)
  • i-SENS. Inc. (South Korea)
  • TaiDoc Technology Corporation (Taiwan)
  • Universal Biosensors (Australia)
  • Beijing Yicheng Electronic Co., Ltd (China)
  • Hmd Biomedical (Taiwan)

and B. Braun Melsungen Ag (Germany).

 

Segmentation

  • Asia Pacific blood glucose test strip market is segmented on basis of types, technology and end users.
  • On the basis of types, the market is segmented into glucose oxidase, glucose dehydrogenase, and other.
  • On the basis of technology, the market is segmented into wicking technology and channel technology.
  • On the basis of end user, the market is categorised in hospital, clinic, homecare, and others

Regional Analysis

Asia Pacific region is segmented into Japan, China, India, Australia, Republic of Korea, and Rest of Asia Pacific. India and China are two most populated countries in this region, which together accounts for 180 million of diabetic patient. Increasing diabetic population in these countries has attracted many of the multinational companies to enter in the market. Overweight and obesity are majorly responsible for developing diabetes. Additionally, poor diet plan and lack of exercise contribute to the increasing diabetic population and India and China have the huge obese and overweight population. Thus, increasing prevalence of diabetes, & obesity, increasing demand for the homecare devices, and increasing healthcare expenditure drive the market growth. Moreover, increasing per capita income and increasing awareness will push the market growth over the forecasted period.

Access Complete Report and TOC Exclusively @ https://www.marketresearchfuture.com/reports/asia-pacific-blood-glucose-test-strip-market-625

TOC

  1. Report Prologue
  2. Introduction
  3. Research Methodology

3.1 Research Process

  • 3.2 Primary Research
  • 3.3 Secondary Research
  • 3.4 Market Size Estimation
  • 3.5 Forecast Model
  1. Market Dynamics
  • 4.1 Drivers
  • 4.2 Restraints
  • 4.3 Opportunities
  • 4.4 Mega Trends
  • 4.5 Macroeconomic Indicators
  1. Market Factor Analysis

To be Continued…!

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune – 411028

Maharashtra, India

+1 646 845 9312

Email: [email protected]

RSS news