Blood glucose testing or blood glucose monitoring is used to measure
the quantity of sugar or glucose in the patient’s bloodstream.
Glucose testing is conducted to check for gestational diabetes, type
1 and type 2 diabetes. Blood glucose test strips or diabetes test
strips are important tools used in blood glucose testing. These small
strips play a crucial role in assisting people with diabetes to view
and keep their blood sugar levels under control. A blood glucose test
strip is made up of numerous layers that help in providing accurate
test results. The top layer of the strip serves like a mini sponge
which is used to soak the blood sample. The middle layers act as a
filter and help in channelizing the sample of blood to the reaction
center. The next layer consist of three parts, an enzyme which reacts
with the blood glucose present in the sample, a mediator chemical
that helps in driving the electrons alongside the strip’s circuit
so as to provide an accurate reading and a mixture of chemicals that
work to preserve and stabilize the mediator chemicals and enzyme. At
the bottom of the strip is the palladium and gold covered circuit
that transfers the electrons to the meter for final analysis.
The major factor driving the growth of the blood glucose test strips
market is the rising prevalence of diabetes among the general
population. According to World Health Organization (WHO), the number
of people affected with diabetes have risen to 422 million in 2014
from 108 million observed in 1980. A total of 1.6 million estimated
deaths were caused due to diabetes in 2015. Diabetes is known to
cause kidney failure, blindness, heart attacks, lower limb
amputation, and stroke. The prevalence of the disease is rising
rapidly in low and middle income countries. According to
International Diabetes Federation, Western Pacific region and South
East Asia are expected to have the largest population of people with
diabetes by 2040. Western Pacific region will have 214.8 million
people with diabetes up from 153.2 million in 2015, while South East
Asia will have 140.2 million people with diabetes a rise from 78.3
million as observed in 2015. The growth in the diabetes population is
expected to drive the demand for better screening and monitoring
methods. This in turn is expected to fuel the growth of the market
for blood glucose test strips.
The concentrated efforts by health care professionals, pharmaceutical
companies and governments to educate people about the importance of
diabetes test strips is also anticipated to have a positive impact on
the growth of the market during the forecast period. Advances in
testing technology for blood glucose testing is also making it
convenient and easier to perform tests among patients who are
hesitant to perform tests due to infection, and excessive bleeding.
On the contrary, it is observed that it is quite difficult to educate
the diabetes patients about the importance and criticality of
frequent testing of blood glucose levels, so as to better manage
their diabetes levels. This factor can have a negative impact and can
hinder the growth of the blood glucose test strips market during the
forecast period.
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The global blood glucose test strips market is segmented based on
technology, by distribution channel and by geography. In terms of
technology, blood glucose test strips market is categorized into
wicking technology and channel technology. In terms of distribution
channel, the market is classified into retail pharmacies, hospital
pharmacies, and online pharmacies.
Geographically the global blood glucose test strips market is
segmented into North America, Europe, Asia Pacific, Latin America &
Middle East and Africa. North America accounted for the largest share
of the market due to the growing awareness levels among the
population about the necessity of frequent blood glucose testing.
Asia Pacific is expected to witness the fastest growth rate due to
increase in the population of diabetes patients in the region.
According to International Diabetes Federation, 5 out of the top 10
countries with the highest percentage of people with diabetes were
found in Asia. Also the improving economic scenario in countries like
China, India and other countries in the region is expected to create
new avenues of growth for the market for blood glucose test strips.
The major players reported in the market include Abbott Laboratories,
Bayer Healthcare AG, B.Braun Melsungen Ag, HMD Biomedical, LifeScan,
Inc., and F.Hoffmann-La Roche Ltd.
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