Point-of-Care Glucose Testing Market : Global Industry Analysis and Forecast (2022-2029)


Point-of-Care Glucose Testing Market is expected to grow at a CAGR of 3.9% during the forecast period. Global Point-of-Care Glucose Testing Market is expected to reach US$ 4.59 Bn. by 2029.

Point-of-Care Glucose Testing Market Overview

Point-of-care testing (POCT) for glucose is used to monitor patients with diabetes at the bedside or in the home or hospital. It is typically performed by non-laboratory personnel and the results are used for clinical decision making. The implementation of point-of-care testing (POCT) is to decrease the turnaround time and improve patient care.

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Point-of-Care Glucose Testing Market Dynamics:

Prevalence of diabetes globally is boosting the market growth

Rising diabetes prevalence in low and middle income economies and effects associated with it like blindness, kidney failure, heart attacks and lower limb amputation, are the major factors driving the market. The global prevalence of diabetes in 2021 was 9.3% and it is estimated to rise up to 10.2% by the year 2030.The prevalence is higher in urban (10.8%) than rural (7.2%) areas, and in high-income (10.4%) than low-income countries (4.0%). According to the report published by Center for Disease Control and Prevention (CDC), the type-2 diabetes accounted for 90-95% of all the diabetes cases in US. Technological advancements which provide early, safe and accurate results are stimulating the market growth.Convenience and affordability of glucose monitoring over conventional monitoring,greater awareness and availability of glucose monitors across the globe contribute to the market growth. For instance, Accu-Chek Inform II accounted for the largest revenue share in 2018 and is anticipated to maintain this trend throughout the forecast period. Despite having these advantages, sometimes these tests offer false negative or false positive results, which may impact negatively on 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.

Point-of-Care Glucose Testing Market: Segment Analysis

The Global Point-of-Care Glucose Testing Market is segmented based on the product type, testing type and end-users.

Based on the Product Type, the meters segment held dominant market share in 2021. Glucose meters are universally utilized in the management of hypoglycemic and hyperglycemic disorders in a variety of healthcare settings.Glucose meters can only analyze whole blood, and glucose is unstable in whole blood. To determine blood glucose, the measuring beam of infrared light has to penetrate the tissue for measurement of blood glucose.There are currently three CGMS (continuous glucose monitoring system) available. The first is Medtronic's Minimed Paradigm RTS with a sub-cutaneous probe attached to a small transmitter (roughly the size of a quarter) that sends interstitial glucose levels to a small pager sized receiver every five minutes. The Dexcom System is another system, available in two different generations in the US, the G4 and the G5.

Based on Testing Site, the fingertip testing site segment is projected to hold dominant share during the forecast period. This technique is the traditional way of monitoring blood glucose level and its ease of usage factor add up to the market growth. Products like Accu-Chek by Roche Diabetes Care, can be used for both alternate sites testing and fingertip testing.

Point-of-Care Glucose Testing Market Regional Insights

North America is expected to dominate the global market throughout the forecast period.

Changing lifestyle and inclination towards unhealthy eating habits, smoking, alcohol consumption results in prevalence of diabetes and other lifestyle disorders in the region. Approximately, 34.2 million Americans i.e. 1 in 10 have diabetes. More people are developing type 1 and type 2 diabetes during youth, and racial and ethnic minorities continue to develop type 2 diabetes at higher rates.

APAC is expected to grow at a higher CAGR of xx% in 2021.

Ongoing R&D activities, growing geriatric population, advancements in medical infrastructure, better healthcare facilities, rising cases of diabetes in the region are the factors owing to which the region is expected to witness lucrative growth. Moreover, the increase in the adoption of miniaturized device models which help reduce the time spent in hospitals or clinics is expected to surge the demand for glucose POC testing devices, making the Asia Pacific the quickest growing region.

The report also helps in understanding Global Point-of-Care Glucose Testing Market dynamics, structure by analyzing the market segments and project the Global Point-of-Care Glucose Testing 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 Point-of-Care Glucose Testing Market make the report investor’s guide.

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Global Point-of-Care Glucose Market




Report Coverage
Details




Base Year:
2021
Forecast Period:
2022-2029




Historical Data:
2017 to 2021
Market Size in 2021:
US $ 3.38 Bn.




Forecast Period 2022 to 2029 CAGR:
3.9%
Market Size in 2029:
US $ 4.59 Bn.




 Segments Covered:
by Product
• Strips
• Lancets & Lancing Devices
• Meters




by Testing site
• Fingertip
• Alternet Site Testing




by End User
• Hospitals
• Diagnostics centers
• Home care settings
• Others






Point-of-Care Glucose Testing Market, by Region:

• North America
• Europe
• South America
• MEA
• APAC

Key players operating in global Point-of-Care Glucose Testing Market:

• Roche Diabetes Care
• LifeScan IP Holdings, LLC.
• Abbott
• Ascensia Diabetes Care
• Trividia Health
• Nova Biomedical
• Acon Laboratories, Inc.
• Alere
• EKF Diagnostics
• F. Hoffmann-La Roche Ltd.
• Nipro
• Platinum Equity, LLC. (LifeScan, Inc.)
• Prodigy Diabetes Care, LLC
• i-STAT
• Accu-Chek Inform II

Frequently Asked Questions:

1. Which region has the largest share in Global Point-of-Care Glucose Market?
Ans: Asia Pacific region holds the highest share in 2021.

2. What is the growth rate of Global Point-of-Care Glucose Market?
Ans: The Global Point-of-Care Glucose Testing Market is growing at a CAGR of 3.9% during forecasting period 2022-2029.

3. What is scope of the Global Point-of-Care Glucose Market report?
Ans: Global Point-of-Care Glucose Testing Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. What is the study period of this market?
Ans: The Global Point-of-Care Glucose Testing Market is studied from 2021 to 2029. 





Global Point-of-Care Glucose Testing 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 Point-of-Care Glucose Testing 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 Point-of-Care Glucose Testing Market
3.4. Geographical Snapshot of the Point-of-Care Glucose Testing Market, By Manufacturer share

4. Global Point-of-Care Glucose Testing Market Overview, 2021-2029
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 Point-of-Care Glucose Testing Market

5. Supply Side and Demand Side Indicators

6. Global Point-of-Care Glucose Testing Market Analysis and Forecast, 2021-2029
6.1. Global Point-of-Care Glucose Testing Market Size & Y-o-Y Growth Analysis.

7. Global Point-of-Care Glucose Testing Market Analysis and Forecasts, 2021-2029
7.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029
7.1.1. Strips
7.1.2. Lancets & Lancing devices
7.1.3. Meters
7.2. Market Size (Value) Estimates & Forecast By Testing Site, 2021-2029
7.2.1. Fingertip
7.2.2. Alternate site testing
7.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029
7.3.1. Hospitals
7.3.2. Diagnostics centers
7.3.3. Home care settings
7.3.4. Others

8. Global Point-of-Care Glucose Testing Market Analysis and Forecasts, By Region
8.1. Market Size (Value) Estimates & Forecast By Region, 2021-2029
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 Point-of-Care Glucose Testing Market Analysis and Forecasts, 2021-2029
9.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029
9.1.1. Strips
9.1.2. Lancets & Lancing devices
9.1.3. Meters
9.2. Market Size (Value) Estimates & Forecast By Testing Site, 2021-2029
9.2.1. Fingertip
9.2.2. Alternate site testing
9.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029
9.3.1. Hospitals
9.3.2. Diagnostics centers
9.3.3. Home care settings
9.3.4. Others

10. North America Point-of-Care Glucose Testing Market Analysis and Forecasts, By Country
10.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029
10.1.1. US
10.1.2. Canada
10.1.3. Mexico

11. U.S. Point-of-Care Glucose Testing Market Analysis and Forecasts, 2021-2029
11.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029
11.2. Market Size (Value) Estimates & Forecast By Testing Site, 2021-2029
11.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029

12. Canada Point-of-Care Glucose Testing Market Analysis and Forecasts, 2021-2029
12.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029
12.2. Market Size (Value) Estimates & Forecast By Testing Site, 2021-2029
12.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029

13. Mexico Point-of-Care Glucose Testing Market Analysis and Forecasts, 2021-2029
13.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029
13.2. Market Size (Value) Estimates & Forecast By Testing Site, 2021-2029
13.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029

14. Europe Point-of-Care Glucose Testing Market Analysis and Forecasts, 2021-2029
14.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029
14.2. Market Size (Value) Estimates & Forecast By Testing Site, 2021-2029
14.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029

15. Europe Point-of-Care Glucose Testing Market Analysis and Forecasts, By Country
15.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029
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. Point-of-Care Glucose Testing Market Analysis and Forecasts, 2021-2029
16.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029
16.2. Market Size (Value) Estimates & Forecast By Testing Site, 2021-2029
16.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029

17. France Point-of-Care Glucose Testing Market Analysis and Forecasts, 2021-2029
17.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029
17.2. Market Size (Value) Estimates & Forecast By Testing Site, 2021-2029
17.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029

18. Germany Point-of-Care Glucose Testing Market Analysis and Forecasts, 2021-2029
18.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029
18.2. Market Size (Value) Estimates & Forecast By Testing Site, 2021-2029
18.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029

19. Italy Point-of-Care Glucose Testing Market Analysis and Forecasts, 2021-2029
19.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029
19.2. Market Size (Value) Estimates & Forecast By Testing Site, 2021-2029
19.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029

20. Spain Point-of-Care Glucose Testing Market Analysis and Forecasts, 2021-2029
20.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029
20.2. Market Size (Value) Estimates & Forecast By Testing Site, 2021-2029
20.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029

21. Sweden Point-of-Care Glucose Testing Market Analysis and Forecasts, 2021-2029
21.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029
21.2. Market Size (Value) Estimates & Forecast By Testing Site, 2021-2029
21.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029

22. CIS Countries Point-of-Care Glucose Testing Market Analysis and Forecasts, 2021-2029
22.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029
22.2. Market Size (Value) Estimates & Forecast By Testing Site, 2021-2029
22.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029

23. Rest of Europe Point-of-Care Glucose Testing Market Analysis and Forecasts, 2021-2029
23.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029
23.2. Market Size (Value) Estimates & Forecast By Testing Site, 2021-2029
23.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029
23.4. Market Size (Value) Estimates & Forecast By End users, 2021-2029

24. Asia Pacific Point-of-Care Glucose Testing Market Analysis and Forecasts, 2021-2029
24.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029
24.2. Market Size (Value) Estimates & Forecast By Testing Site, 2021-2029
24.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029

25. Asia Pacific Point-of-Care Glucose Testing Market Analysis and Forecasts, by Country
25.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029
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 Point-of-Care Glucose Testing Market Analysis and Forecasts, 2021-2029
26.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029
26.2. Market Size (Value) Estimates & Forecast By Testing Site, 2021-2029
26.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029

27. India Point-of-Care Glucose Testing Market Analysis and Forecasts, 2021-2029
27.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029
27.2. Market Size (Value) Estimates & Forecast By Testing Site, 2021-2029
27.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029

28. Japan Point-of-Care Glucose Testing Market Analysis and Forecasts, 2021-2029
28.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029
28.2. Market Size (Value) Estimates & Forecast By Testing Site, 2021-2029
28.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029

29. South Korea Point-of-Care Glucose Testing Market Analysis and Forecasts, 2021-2029
29.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029
29.2. Market Size (Value) Estimates & Forecast By Testing Site, 2021-2029
29.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029

30. Australia Point-of-Care Glucose Testing Market Analysis and Forecasts, 2021-2029
30.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029
30.2. Market Size (Value) Estimates & Forecast By Testing Site, 2021-2029
30.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029

31. ASEAN Point-of-Care Glucose Testing Market Analysis and Forecasts, 2021-2029
31.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029
31.2. Market Size (Value) Estimates & Forecast By Testing Site, 2021-2029
31.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029

32. Rest of Asia Pacific Point-of-Care Glucose Testing Market Analysis and Forecasts, 2021-2029
32.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029
32.2. Market Size (Value) Estimates & Forecast By Testing Site, 2021-2029
32.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029

33. Middle East Africa Point-of-Care Glucose Testing Market Analysis and Forecasts, 2021-2029
33.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029
33.2. Market Size (Value) Estimates & Forecast By Testing Site, 2021-2029
33.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029

34. Middle East Africa Point-of-Care Glucose Testing Market Analysis and Forecasts, by Country
34.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029
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 Point-of-Care Glucose Testing Market Analysis and Forecasts, 2021-2029
35.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029
35.2. Market Size (Value) Estimates & Forecast By Testing Site, 2021-2029
35.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029

36. GCC Countries Point-of-Care Glucose Testing Market Analysis and Forecasts, 2021-2029
36.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029
36.2. Market Size (Value) Estimates & Forecast By Testing Site, 2021-2029
36.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029

37. Egypt Point-of-Care Glucose Testing Market Analysis and Forecasts, 2021-2029
37.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029
37.2. Market Size (Value) Estimates & Forecast By Testing Site, 2021-2029
37.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029

38. Nigeria Point-of-Care Glucose Testing Market Analysis and Forecasts, 2021-2029
38.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029
38.2. Market Size (Value) Estimates & Forecast By Testing Site, 2021-2029
38.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029

39. Rest of ME&A Point-of-Care Glucose Testing Market Analysis and Forecasts, 2021-2029
39.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029
39.2. Market Size (Value) Estimates & Forecast By Testing Site, 2021-2029
39.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029

40. South America Point-of-Care Glucose Testing Market Analysis and Forecasts, 2021-2029
40.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029
40.2. Market Size (Value) Estimates & Forecast By Testing Site, 2021-2029
40.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029

41. South America Point-of-Care Glucose Testing Market Analysis and Forecasts, by Country
41.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029
41.1.1. Brazil
41.1.2. Argentina
41.1.3. Rest of South America

42. Brazil Point-of-Care Glucose Testing Market Analysis and Forecasts, 2021-2029
42.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029
42.2. Market Size (Value) Estimates & Forecast By Testing Site, 2021-2029
42.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029

43. Argentina Point-of-Care Glucose Testing Market Analysis and Forecasts, 2021-2029
43.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029
43.2. Market Size (Value) Estimates & Forecast By Testing Site, 2021-2029
43.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029

44. Rest of South America Point-of-Care Glucose Testing Market Analysis and Forecasts, 2021-2029
44.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029
44.2. Market Size (Value) Estimates & Forecast By Testing Site, 2021-2029
44.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2029

45. Competitive Landscape
45.1. Geographic Footprint of Major Players in the Global Point-of-Care Glucose Testing 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 - Roche Diabetes Care
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. LifeScan IP Holdings, LLC.
45.5. Abbott
45.6. Ascensia Diabetes Care
45.7. Trividia Health
45.8. Nova Biomedical
45.9. Acon Laboratories, Inc.
45.10. Alere
45.11. EKF Diagnostics
45.12. F. Hoffmann-La Roche Ltd.
45.13. Nipro
45.14. Platinum Equity, LLC. (LifeScan, Inc.)
45.15. Prodigy Diabetes Care, LLC
45.16. i-STAT
45.17. Accu-Chek Inform II

46. Primary Key Insights
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