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The self-monitoring blood glucose strips market size has the potential to grow by USD 10.96 billion during 2020-2024, and the market's growth momentum will accelerate during the forecast period. The report analyzes the market's competitive landscape and offers information on several market vendors, including Abbott Laboratories, ACON Laboratories Inc., ARKRAY Inc., Ascensia Diabetes Care Holdings AG, Becton, Dickinson and Co., B. Braun Melsungen AG, F. Hoffmann-La Roche Ltd., LifeScan IP Holdings LLC, Medtronic Plc, and Nipro Corp. Furthermore, this report provides a detailed analysis of the market by end-user (hospitals and diagnostic laboratories, home-care settings, and POL) and geography (North America, Europe, Asia, and ROW).
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The market is fragmented due to the presence of a large number of regional and international vendors across the globe. It has been observed that these vendors are increasingly entering partnerships to come up with better and high-quality products, which, in turn, will strengthen the competitive environment in the market. Furthermore, several vendors compete against each other based on factors such as aggressive pricing, product sensitivity, product differentiation, technology upgrades, service models. Abbott Laboratories, ACON Laboratories Inc., and ARKRAY Inc. are some of the major market participants. Although the increase in the global diabetes population will offer immense growth opportunities, the high cost of blood glucose test strips will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market position, this self-monitoring blood glucose strips market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market's competitive landscape and offers information on the products offered by various companies. Moreover, this self-monitoring blood glucose strips market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of their future growth opportunities.
This report provides information on the production, sustainability, and prospects of several leading companies, including:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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