Lactate Meters Market : Global Industry Analysis and Forecast(2023-2029)

Lactate Meters Market is expected to grow at a CAGR of 7.06% during the forecast period. Global Lactate Meters Market is expected to reach US$ 1.27 Bn. by 2029.

Lactate Meters Market Overview

A lactate meter is a portable device that measures the value of the lactate in the whole blood. The determination of lactate value provides clear insights and functionality of the human circulatory system and also the movement of oxygen in the muscles and tissues. It is extensively used by sports athletes to monitor the oxygen levels in the muscles and also the lactate value in the tissues that are related to liver or hypoxia. Regular observation of the lactate value is important as it helps the trainer/doctors to monitor the adequacy of the workout/treatment.Global Lactate Meters Market To Know About The Research Methodology :- Request Free Sample Report

Lactate Meters Market Dynamics

Prevalence of sports worldwide is the major factor accelerating the market growth Rising inclination of population towards the sports and fitness to reduce the cholesterol levels, control diabetes and obesity, drives the market growth. Also, rising geriatric population which needs to keep a check on their normal body functioning boosts the market growth. Rising adoption of miniaturized devices that can be synchronized with smartphones also contributes to the market growth. The report has profiled key players in the market from different regions. However, the report has considered all market leaders, followers, and new entrants with investors while analyzing the market and estimation the size of the same. Increasing R&D activities in each region are different and focus is given on the regional impact on the cost, availability of advanced technology are analyzed, and the report has come up with recommendations for a future hot spot in the APAC region.

Lactate Meters Market Segment Analysis

The global Lactate Meters market is segmented on the basis of type and application. Based on Type, the battery operated lactate meter is the dominant segment. Battery-powered analyzer measures lactate levels from capillary blood samples, using photometric reflectance. A single drop of capillary blood is drawn and placed on the reagent pad. It measures the colour change in the reagent pad after 60 seconds and accurately determines the lactate level in the patient's bloodstream.

Lactate Meters Market Regional Insights

North America is expected to hold larger market share during forecast period. Prevalence of chronic diseases like diabetes and cholesterol in the region is the major factor driving the market in region.According to the National Heart, Lung, and Blood Institute, anemia affects more than 3 million people in the U.S. Also, rising adoption of sports and fitness amongst the young population as well as geriatric population is escalating the market growth.Lactate Plus by Nova Biomedical measures blood lactate (muscle performance/perfusion indicator) very quickly on a tiny drop of blood. This results in a virtually painless, fast, and accurate lactate testing. The report also helps in understanding Global Lactate Meters Market dynamics, structure by analyzing the market segments and project the Global Lactate Meters Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Lactate Meters Market make the report investor’s guide.

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Global Lactate Meters Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2017 to 2022 Market Size in 2022: US $ 0.79 Bn.
Forecast Period 2023 to 2029 CAGR: 7.06% Market Size in 2029: US $ 1.27 Bn.
Segments Covered: by Type • Chargeable Lactate Meters • Battery Operated Lactate Meters
by Application • Medical •  Sports •  Other

Lactate Meters Market, by Region

North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)

Lactate Meters Market, Key Players are:

• Nova Biomedical • EKF Diagnostics Holdings • Jorgensen Labs • Woodley Equipment • ApexBio • Arkray • BST Bio Sensor Technology • Med-Tronik • Sensa Core Medical Instrumentation • TaiDoc Technology Frequently Asked Questions: 1. Which region has the largest share in Global Lactate Meters Market ? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global Lactate Meters Market ? Ans: The Global Lactate Meters Market is growing at a CAGR of 7.06% during forecasting period 2023-2029. 3. What is scope of the Global Lactate Meters Market report? Ans: Global Lactate Meters Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Lactate Meters Market ? Ans: The important key players in the Global Lactate Meters Market are – Nova Biomedical, EKF Diagnostics Holdings, Jorgensen Labs, Woodley Equipment, ApexBio, Arkray, BST Bio Sensor Technology, Med-Tronik, Sensa Core Medical Instrumentation, TaiDoc Technology. 5. What is the study period of this Market? Ans: The Global Lactate Meters Market is studied from 2022 to 2029.

Global Lactate Meters Market

1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Lactate Meters Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2019 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Lactate Meters Market 3.4. Geographical Snapshot of the Lactate Meters Market, By Manufacturer share 4. Global Lactate Meters Market Overview, 2023-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Lactate Meters Market 5. Supply Side and Demand Side Indicators 6. Global Lactate Meters Market Analysis and Forecast, 2023-2029 6.1. Global Lactate Meters Market Size & Y-o-Y Growth Analysis. 7. Global Lactate Meters Market Analysis and Forecasts, 2023-2029 7.1. Market Size (Value) Estimates & Forecast By Type, 2023-2029 7.1.1. Chargeable Lactate Meters 7.1.2. Battery Operated Lactate Meters 7.2. Market Size (Value) Estimates & Forecast By Application, 2023-2029 7.2.1. Medical 7.2.2. Sports 7.2.3. Other 8. Global Lactate Meters Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2023-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Lactate Meters Market Analysis and Forecasts, 2023-2029 9.1. Market Size (Value) Estimates & Forecast By Type, 2023-2029 9.1.1. Chargeable Lactate Meters 9.1.2. Battery Operated Lactate Meters 9.2. Market Size (Value) Estimates & Forecast By Application, 2023-2029 9.2.1. Medical 9.2.2. Sports 9.2.3. Other 10. North America Lactate Meters Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2023-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Lactate Meters Market Analysis and Forecasts, 2023-2029 11.1. Market Size (Value) Estimates & Forecast By Type, 2023-2029 11.2. Market Size (Value) Estimates & Forecast By Application, 2023-2029 12. Canada Lactate Meters Market Analysis and Forecasts, 2023-2029 12.1. Market Size (Value) Estimates & Forecast By Type, 2023-2029 12.2. Market Size (Value) Estimates & Forecast By Application, 2023-2029 13. Mexico Lactate Meters Market Analysis and Forecasts, 2023-2029 13.1. Market Size (Value) Estimates & Forecast By Type, 2023-2029 13.2. Market Size (Value) Estimates & Forecast By Application, 2023-2029 14. Europe Lactate Meters Market Analysis and Forecasts, 2023-2029 14.1. Market Size (Value) Estimates & Forecast By Type, 2023-2029 14.2. Market Size (Value) Estimates & Forecast By Application, 2023-2029 15. Europe Lactate Meters Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2023-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Lactate Meters Market Analysis and Forecasts, 2023-2029 16.1. Market Size (Value) Estimates & Forecast By Type, 2023-2029 16.2. Market Size (Value) Estimates & Forecast By Application, 2023-2029 17. France Lactate Meters Market Analysis and Forecasts, 2023-2029 17.1. Market Size (Value) Estimates & Forecast By Type, 2023-2029 17.2. Market Size (Value) Estimates & Forecast By Application, 2023-2029 18. Germany Lactate Meters Market Analysis and Forecasts, 2023-2029 18.1. Market Size (Value) Estimates & Forecast By Type, 2023-2029 18.2. Market Size (Value) Estimates & Forecast By Application, 2023-2029 19. Italy Lactate Meters Market Analysis and Forecasts, 2023-2029 19.1. Market Size (Value) Estimates & Forecast By Type, 2023-2029 19.2. Market Size (Value) Estimates & Forecast By Application, 2023-2029 20. Spain Lactate Meters Market Analysis and Forecasts, 2023-2029 20.1. Market Size (Value) Estimates & Forecast By Type, 2023-2029 20.2. Market Size (Value) Estimates & Forecast By Application, 2023-2029 21. Sweden Lactate Meters Market Analysis and Forecasts, 2023-2029 21.1. Market Size (Value) Estimates & Forecast By Type, 2023-2029 21.2. Market Size (Value) Estimates & Forecast By Application, 2023-2029 22. CIS Countries Lactate Meters Market Analysis and Forecasts, 2023-2029 22.1. Market Size (Value) Estimates & Forecast By Type, 2023-2029 22.2. Market Size (Value) Estimates & Forecast By Application, 2023-2029 23. Rest of Europe Lactate Meters Market Analysis and Forecasts, 2023-2029 23.1. Market Size (Value) Estimates & Forecast By Type, 2023-2029 23.2. Market Size (Value) Estimates & Forecast By Application, 2023-2029 24. Asia Pacific Lactate Meters Market Analysis and Forecasts, 2023-2029 24.1. Market Size (Value) Estimates & Forecast By Type, 2023-2029 24.2. Market Size (Value) Estimates & Forecast By Application, 2023-2029 25. Asia Pacific Lactate Meters Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2023-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Lactate Meters Market Analysis and Forecasts, 2023-2029 26.1. Market Size (Value) Estimates & Forecast By Type, 2023-2029 26.2. Market Size (Value) Estimates & Forecast By Application, 2023-2029 27. India Lactate Meters Market Analysis and Forecasts, 2023-2029 27.1. Market Size (Value) Estimates & Forecast By Type, 2023-2029 27.2. Market Size (Value) Estimates & Forecast By Application, 2023-2029 28. Japan Lactate Meters Market Analysis and Forecasts, 2023-2029 28.1. Market Size (Value) Estimates & Forecast By Type, 2023-2029 28.2. Market Size (Value) Estimates & Forecast By Application, 2023-2029 29. South Korea Lactate Meters Market Analysis and Forecasts, 2023-2029 29.1. Market Size (Value) Estimates & Forecast By Type, 2023-2029 29.2. Market Size (Value) Estimates & Forecast By Application, 2023-2029 30. Australia Lactate Meters Market Analysis and Forecasts, 2023-2029 30.1. Market Size (Value) Estimates & Forecast By Type, 2023-2029 30.2. Market Size (Value) Estimates & Forecast By Application, 2023-2029 31. ASEAN Lactate Meters Market Analysis and Forecasts, 2023-2029 31.1. Market Size (Value) Estimates & Forecast By Type, 2023-2029 31.2. Market Size (Value) Estimates & Forecast By Application, 2023-2029 32. Rest of Asia Pacific Lactate Meters Market Analysis and Forecasts, 2023-2029 32.1. Market Size (Value) Estimates & Forecast By Type, 2023-2029 32.2. Market Size (Value) Estimates & Forecast By Application, 2023-2029 33. Middle East Africa Lactate Meters Market Analysis and Forecasts, 2023-2029 33.1. Market Size (Value) Estimates & Forecast By Type, 2023-2029 33.2. Market Size (Value) Estimates & Forecast By Application, 2023-2029 34. Middle East Africa Lactate Meters Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2023-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Lactate Meters Market Analysis and Forecasts, 2023-2029 35.1. Market Size (Value) Estimates & Forecast By Type, 2023-2029 35.2. Market Size (Value) Estimates & Forecast By Application, 2023-2029 36. GCC Countries Lactate Meters Market Analysis and Forecasts, 2023-2029 36.1. Market Size (Value) Estimates & Forecast By Type, 2023-2029 36.2. Market Size (Value) Estimates & Forecast By Application, 2023-2029 37. Egypt Lactate Meters Market Analysis and Forecasts, 2023-2029 37.1. Market Size (Value) Estimates & Forecast By Type, 2023-2029 37.2. Market Size (Value) Estimates & Forecast By Application, 2023-2029 38. Nigeria Lactate Meters Market Analysis and Forecasts, 2023-2029 38.1. Market Size (Value) Estimates & Forecast By Type, 2023-2029 38.2. Market Size (Value) Estimates & Forecast By Application, 2023-2029 39. Rest of ME&A Lactate Meters Market Analysis and Forecasts, 2023-2029 39.1. Market Size (Value) Estimates & Forecast By Type, 2023-2029 39.2. Market Size (Value) Estimates & Forecast By Application, 2023-2029 40. South America Lactate Meters Market Analysis and Forecasts, 2023-2029 40.1. Market Size (Value) Estimates & Forecast By Type, 2023-2029 40.2. Market Size (Value) Estimates & Forecast By Application, 2023-2029 41. South America Lactate Meters Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2023-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Lactate Meters Market Analysis and Forecasts, 2023-2029 42.1. Market Size (Value) Estimates & Forecast By Type, 2023-2029 42.2. Market Size (Value) Estimates & Forecast By Application, 2023-2029 43. Argentina Lactate Meters Market Analysis and Forecasts, 2023-2029 43.1. Market Size (Value) Estimates & Forecast By Type, 2023-2029 43.2. Market Size (Value) Estimates & Forecast By Application, 2023-2029 44. Rest of South America Lactate Meters Market Analysis and Forecasts, 2023-2029 44.1. Market Size (Value) Estimates & Forecast By Type, 2023-2029 44.2. Market Size (Value) Estimates & Forecast By Application, 2023-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Lactate Meters Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Applications 45.2.3.2. M&A Key Players, Forward Integration and Backward Integration 45.3. Company Profile - Nova Biomedical 45.3.1. Company Overview 45.3.2. Financial Overview 45.3.3. Geographic Footprint 45.3.4. Product Portfolio 45.3.5. Business Strategy 45.3.6. Recent Developments 45.4. EKF Diagnostics Holdings 45.5. Jorgensen Labs 45.6. Woodley Equipment 45.7. ApexBio 45.8. Arkray 45.9. BST Bio Sensor Technology 45.10. Med-Tronik 45.11. Sensa Core Medical Instrumentation 45.12. TaiDoc Technology 45.13. Others 46. Primary Key Insights

About This Report

Report ID 88149
Category Healthcare
Published Date March 2023
Updated Date
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