Press Release

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.

 

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on " Global Blood Glucose Test Strips Market

 

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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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

Healthcare | Jan, 2025

Rising Incidence of Diabetes and Technological Advancements in Global Glucose Monitoring Devices are factors driving the Blood Glucose Test Strips Market in the forecast period, 2026-2030.

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