Blood Glucose Test Strips Market to Grow with a CAGR of 4.40% through 2030
Aging Population is expected to drive the Global Blood
Glucose Test Strips Market growth in the forecast period, 2026-2030.
According to TechSci Research report, “Blood Glucose Test Strips - Global Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2030F”, the Global
Blood Glucose Test Strips Market stood at USD 10.53 Billion in 2024 and is
anticipated to grow with a CAGR of 4.40% through 2030. The aging
population is a significant factor driving the growth of the global blood
glucose test strips market. As people age, they become more vulnerable to
chronic conditions such as type 2 diabetes, leading to a greater need for
regular blood glucose monitoring. Older adults often require frequent testing
to effectively manage their condition and prevent complications, boosting the
demand for glucose test strips.
The risk of diabetes-related complications, such as
cardiovascular disease, kidney failure, and neuropathy, increases with age,
highlighting the importance of consistent blood glucose monitoring. This has
led to a rising demand for easy-to-use, reliable, and cost-effective monitoring
solutions that enable elderly patients to track their blood sugar levels at
home. With global life expectancy on the rise, more
individuals are living with diabetes well into their later years, further
fueling market growth. Healthcare systems are also investing more resources
into diabetes management for the aging population, leading to greater
availability and adoption of blood glucose test strips. As the elderly
demographic continues to grow, the demand for effective diabetes management
tools will persist, presenting opportunities for innovation and market
expansion.
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Global Blood Glucose Test Strips Market is segmented
into type, end-user, regional distribution, and company.
Based on Type, Thin Film Electrochemical Films emerged as the dominating segment
in the global market for Blood Glucose Test Strips in 2024. Thin film electrochemical
films dominate the market primarily due to their advanced technology, which
offers significant advantages over traditional thick film electrochemical and
optical strips. These include superior accuracy, quicker response times, and
enhanced ease of use. The strips utilize a layer of electrochemical materials
that interact with glucose, delivering more precise real-time blood glucose
readings. Additionally, they are typically smaller, lighter, and more
cost-effective, making them a preferred option for both patients and healthcare
providers. With the growing demand for reliable, user-friendly glucose
monitoring solutions, especially in home-based monitoring, thin film
electrochemical strips have emerged as the market leader. Furthermore,
advancements in manufacturing processes have made these strips more affordable
and accessible, strengthening their position in the market.
Based on Region, the Asia Pacific region is expected
to be fastest growing region during the forecast period in global Blood Glucose Test Strips market. The rising
prevalence of diabetes, especially in countries like China and India, driven by
urbanization, sedentary lifestyles, and changing dietary habits, is
significantly increasing the demand for blood glucose monitoring solutions.
Enhanced access to healthcare, particularly in emerging economies, is improving
diabetes diagnosis and management, further boosting the need for blood glucose
test strips. Additionally, the aging population in the Asia-Pacific region is
contributing to a higher incidence of age-related conditions, including
diabetes, which increases the demand for glucose monitoring tools. Governments
across the region are prioritizing the diabetes burden by investing in
healthcare infrastructure, raising awareness, and supporting diabetes management
programs. The availability of affordable and accessible blood glucose
monitoring solutions allows more patients in both urban and rural areas to
regularly monitor their blood glucose, fostering market expansion. Furthermore,
rapid economic growth in emerging markets is increasing purchasing power and
the demand for healthcare products, including blood glucose test strips, to
improve disease management. These factors, along with growing awareness of
diabetes management, are driving the fast-paced growth of the blood glucose
test strips market in the Asia-Pacific region.
Major companies operating in Global Blood Glucose Test Strips Market are:
- Abbott
Laboratories Inc
- F. Hoffmann-La
Roche Ltd
- LifeScan IP
Holdings, LLC
- i-SENS, Inc.
- Ascensia
Diabetes Care Holdings AG
- AgaMatrix,
Elektronika Sales Pvt Ltd.
- Universal
Biosensors
- TaiDoc
Technology Corporation
- B. Braun
Melsungen AG
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“The global blood glucose test strips market is at a
critical juncture, with evolving consumer needs and technological advancements
shaping its future. The rising focus on personalized healthcare and patient
empowerment is accelerating the adoption of at-home glucose monitoring devices.
As more individuals with diabetes seek reliable, convenient solutions for
managing their condition, the demand for easy-to-use, non-invasive test strips
is intensifying. Additionally, the shift toward digital health platforms and
remote monitoring is driving innovation, allowing for seamless integration of
test strips with mobile apps and cloud-based systems. As the market matures,
companies will need to prioritize affordability, regulatory compliance, and
patient education to capture long-term growth opportunities in diverse global
markets”, said Mr. Karan Chechi, Research Director of TechSci Research, a
research-based management consulting firm.
“Blood Glucose Test Strips Market - Global Industry
Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Thick Film
Electrochemical Films, Thin Film Electrochemical Films, Optical Strips), By
End-User (Hospitals, Ambulatory Surgical Centers, Others), By Region and
Competition, 2020-2030F”, has evaluated
the future growth potential of Global Blood Glucose Test Strips Market and
provides statistics & information on market size, structure, and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Blood Glucose Test Strips Market.
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