Point-of-care (POC) Glucose Testing Market Size to Grow by USD 972.07 Million, Focus on Introducing Low-cost Test Strips to be a Key Trend - Technavio

NEW YORK, Sept. 1, 2022 /PRNewswire/ -- The point-of-care (POC) glucose testing market will be driven by factors such as the increase in the number of diabetes cases and rising awareness about diabetes. Diabetes can be controlled through a healthy diet, an active lifestyle, and medication. However, pre-diabetes, which sets in before the onset of diabetes, is a serious health condition wherein blood sugar levels are higher than normal. There is a simultaneous rise in the number of diabetic patients, which has encouraged many organizations to launch awareness programs for the management and control of diabetes. These factors will drive the point-of-care (POC) glucose testing market growth during the forecast period.

The point-of-care (POC) glucose testing market size is expected to grow by USD 972.07 mn from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 5.44% during the forecast period.

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Point-of-care (POC) Testing Market: Market Trend

One of the key trends in the market is the focus on introducing low-cost test strips. Vendors are focusing on offering technologically advanced point-of-care (POC) testing products at low costs to stay ahead of their competitors in the market. People prefer strips that are made from silk, as they are cheaper when compared to paper and plastic strips. Hence, the increasing demand for low-cost strips will support the growth of the point-of-care (POC) glucose testing market in focus during the forecast period.

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Point-of-care (POC) Glucose Testing Market: Segmentation Analysis

This market research report segments the point-of-care (POC) glucose testing market by type (strips, lancets and lancing devices, and meters) and geography (North America, Europe, Asia, and Rest of World (ROW)).

North America will lead the point-of-care (POC) glucose testing market during the forecast period. The growth of the region is driven by factors such as an increase in technological advances and the high incidence of type 1 and type 2 diabetes. However, market growth in this region will be slower than the growth of the market in Europe and Asia. The US and Canada are the key countries for the point-of-care (POC) glucose testing market in North America.

The strips segment will be the largest contributor to the point-of-care (POC) glucose testing market during the forecast period. Point-of-care (POC) glucose testing strips are thin strips made of paper or plastic. These strips, along with blood glucose meters, are used to measure the glucose levels in the blood of people with diabetes. These strips enable patients to manage and control their diabetes. Point-of-care (POC) glucose testing strips are mainly used in large and medium-sized hospitals due to the large number of visits by patients to outpatient and inpatient healthcare facilities. Thus, the increasing use of point-of-care (POC) glucose testing strips will fuel the point-of-care (POC) glucose testing market growth during the forecast period.

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Table of Contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Type

• 5.1 Market segments
• Exhibit 24: Chart on Type - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Type - Market share 2021-2026 (%)

• 5.2 Comparison by Type
• Exhibit 26: Chart on Comparison by Type
• Exhibit 27: Data Table on Comparison by Type

• 5.3 Strips - Market size and forecast 2021-2026
• Exhibit 28: Chart on Strips - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Strips - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Strips - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Strips - Year-over-year growth 2021-2026 (%)

• 5.4 Lancets and lancing devices - Market size and forecast 2021-2026
• Exhibit 32: Chart on Lancets and lancing devices - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Lancets and lancing devices - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Lancets and lancing devices - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Lancets and lancing devices - Year-over-year growth 2021-2026 (%)

• 5.5 Meters - Market size and forecast 2021-2026
• Exhibit 36: Chart on Meters - Market size and forecast 2021-2026 ($ million)
• Exhibit 37: Data Table on Meters - Market size and forecast 2021-2026 ($ million)
• Exhibit 38: Chart on Meters - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Meters - Year-over-year growth 2021-2026 (%)

• 5.6 Market opportunity by Type
• Exhibit 40: Market opportunity by Type ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview
• Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation
• Exhibit 42: Chart on Market share by geography 2021-2026 (%)
• Exhibit 43: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison
• Exhibit 44: Chart on Geographic comparison
• Exhibit 45: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026
• Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026
• Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 Asia - Market size and forecast 2021-2026
• Exhibit 54: Chart on Asia - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on Asia - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on Asia - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on Asia - Year-over-year growth 2021-2026 (%)

• 7.6 Rest of World (ROW) - Market size and forecast 2021-2026
• Exhibit 58: Chart on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)

• 7.7 US - Market size and forecast 2021-2026
• Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.8 UK - Market size and forecast 2021-2026
• Exhibit 66: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.9 China - Market size and forecast 2021-2026
• Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.10 Canada - Market size and forecast 2021-2026
• Exhibit 74: Chart on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on Canada - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on Canada - Year-over-year growth 2021-2026 (%)

• 7.11 India - Market size and forecast 2021-2026
• Exhibit 78: Chart on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on India - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on India - Year-over-year growth 2021-2026 (%)

• 7.12 Market opportunity by geography
• Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges
• Exhibit 83: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 84: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 85: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 86: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 87: Vendors covered

• 10.2 Market positioning of vendors
• Exhibit 88: Matrix on vendor position and classification

• 10.3 Abbott Laboratories
• Exhibit 89: Abbott Laboratories - Overview
• Exhibit 90: Abbott Laboratories - Business segments
• Exhibit 91: Abbott Laboratories - Key news
• Exhibit 92: Abbott Laboratories - Key offerings
• Exhibit 93: Abbott Laboratories - Segment focus

• 10.4 ACON Laboratories Inc.
• Exhibit 94: ACON Laboratories Inc. - Overview
• Exhibit 95: ACON Laboratories Inc. - Product / Service
• Exhibit 96: ACON Laboratories Inc. - Key offerings

• 10.5 Bayer AG
• Exhibit 97: Bayer AG - Overview
• Exhibit 98: Bayer AG - Business segments
• Exhibit 99: Bayer AG - Key offerings
• Exhibit 100: Bayer AG - Segment focus

• 10.6 EKF Diagnostics Holdings Plc
• Exhibit 101: EKF Diagnostics Holdings Plc - Overview
• Exhibit 102: EKF Diagnostics Holdings Plc - Business segments
• Exhibit 103: EKF Diagnostics Holdings Plc - Key offerings
• Exhibit 104: EKF Diagnostics Holdings Plc - Segment focus

• 10.7 F. Hoffmann La Roche Ltd.
• Exhibit 105: F. Hoffmann La Roche Ltd. - Overview
• Exhibit 106: F. Hoffmann La Roche Ltd. - Business segments
• Exhibit 107: F. Hoffmann La Roche Ltd. - Key news
• Exhibit 108: F. Hoffmann La Roche Ltd. - Key offerings
• Exhibit 109: F. Hoffmann La Roche Ltd. - Segment focus

• 10.8 LifeScan IP Holdings LLC
• Exhibit 110: LifeScan IP Holdings LLC - Overview
• Exhibit 111: LifeScan IP Holdings LLC - Product / Service
• Exhibit 112: LifeScan IP Holdings LLC - Key offerings

• 10.9 Nipro Corp.
• Exhibit 113: Nipro Corp. - Overview
• Exhibit 114: Nipro Corp. - Business segments
• Exhibit 115: Nipro Corp. - Key offerings
• Exhibit 116: Nipro Corp. - Segment focus

• 10.10 Nova Biomedical Corp.
• Exhibit 117: Nova Biomedical Corp. - Overview
• Exhibit 118: Nova Biomedical Corp. - Product / Service
• Exhibit 119: Nova Biomedical Corp. - Key offerings

• 10.11 Prodigy Diabetes Care LLC
• Exhibit 120: Prodigy Diabetes Care LLC - Overview
• Exhibit 121: Prodigy Diabetes Care LLC - Product / Service
• Exhibit 122: Prodigy Diabetes Care LLC - Key offerings

• 10.12 Trivida Health Inc.
• Exhibit 123: Trivida Health Inc. - Overview
• Exhibit 124: Trivida Health Inc. - Product / Service
• Exhibit 125: Trivida Health Inc. - Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist
• Exhibit 126: Inclusions checklist
• Exhibit 127: Exclusions checklist

• 11.3 Currency conversion rates for US$
• Exhibit 128: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 129: Research methodology
• Exhibit 130: Validation techniques employed for market sizing
• Exhibit 131: Information sources

• 11.5 List of abbreviations
• Exhibit 132: List of abbreviations

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