Global Blood Glucose Testing market will reach 12700 million US$ by the end of 2025

Global Blood Glucose Testing market will reach 12700 million US$ by the end of 2025 www.qyresearch.com

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QYResearch • Blood glucose testing, also known as blood glucose monitoring, is one of the main tools involved in controlling diabetes.

• Blood glucose testing is the process used to measure the concentration of glucose in your blood. Blood glucose testing can be carried out at home using a blood glucose meter.

• A blood test involves pricking your finger with a small needle called a lancet, drawing a drop of blood from the finger and applying it to a test strip that has been engaged into a blood glucose meter. www.qyresearch.com

QYResearch • Blood glucose test strips, lancet and blood glucose meter are together used for blood glucose testing. But Blood glucose test strips are most used, occupies about 85% market of blood glucose testing.

• 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. www.qyresearch.com

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• 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.

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QYResearch The global Blood Glucose Testing market is valued at 9330 million US$ in 2017 and will reach 12700 million US$ by the end of 2025, growing at a CAGR of 3.9% during 2018-2025.

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