The global diabetes test strips market is anticipated to grow at a significant CAGR of 7.1% during the forecast period (2022-2028). The rising diabetes epidemic around the globe is the primary market driver for diabetes test strips. According to the World Health Organization (WHO), the number of people living with diabetes globally was 171 million in 2000, and it is expected to climb to 366 million by 2030. In addition, the global obesity epidemic, particularly in the US, and the growing senior population are fueling the diabetes epidemic. Furthermore, as wages rise in China and India’s developing and major economies, the market for diabetes test strips is growing at a quicker rate. A growing population in these economies, combined with a greater emphasis on healthcare, will drive the diabetes test strip market in these emerging markets.
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Scope of the Diabetes Test Strips Report
The research study analyzes the Diabetes Test Strips industry from a 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
- Market Overview and growth analysis
- Import and Export Overview
- Volume Analysis
- Current Market Trends and Future Outlook
- Market Opportunistic and Attractive Investment Segment
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Diabetes Test Strips Market Segmentation:
By Type
- Thick-Film
- Thin-Film
By End-Use
- Hospitals
- Home Care
- Diagnostic Laboratories
Competitive Landscape- Abbott Laboratories, ARKRAY, Inc., Bayer Healthcare AG., F.Hoffmann-La Roche Ltd., LifeScan IP Holdings, LLC, and LifeScan, Inc., among others.
Geographic Coverage
- North America Market Size and/or Volume
- Latin America Market Size and/or Volume
- Europe Market Size and/or Volume
- Asia-Pacific Market Size and/or Volume
- Rest of the world Market Size and/or Volume
Key questions answered in this report:
- What is the size of the Diabetes Test Strips market and what is its expected growth rate?
- What are the primary driving factors that push the Diabetes Test Strips Market forward?
- What are the Diabetes Test Strips Industry’s top companies?
- What are the different categories that the Diabetes Test Strips Market caters to?
- What will be the fastest-growing segment or region?
- In the value chain, what role do essential players play?
- What is the procedure for getting a free copy of the Diabetes Test Strips Market sample report and company profiles?
The report covers the following objectives:
- Proliferation and maturation of trade in the Diabetes Test Strips market.
- The market share of the Diabetes Test Strips market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Diabetes Test Strips market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Diabetes Test Strips market.
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