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Diabetic Tests-Global Market Insights and Sales Trends 2024
Synopsis
The global Diabetic Tests market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Diabetic Tests in various end use industries. The expanding demands from the Hospital, Clinic and Home Care,, are propelling Diabetic Tests market. Blood Glucose Monitor, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Diabetes Test Strip segment is estimated at % CAGR for the next seven-year period.
According to the Global Use of Medicines 2023 released by IQVIA Institute, the global drug expenditure in 2022 was about US$1.48 trillion (excluding COVID vaccine and treatment-related expenses), and it is predicted to grow at a rate of 3%-6% in the next few years. In terms of drug expenditure, this number in China was about 166 billion dollars in 2022. It is expected that the expenditure on medicines will increase in the next few years. From the perspective of demand, the trend of population aging, the increase of residents’ wealth and the improvement of health awareness will drive the demand for medicines.
Global Use of Medicines 2023 shows that the U.S. market spent about US$ 62.9 billion on medicines in 2022 on a net ex-factory basis. Overall growth slows as the Inflation Reduction Act (IRA) spends US$64 billion to reduce prescription drug prices, and the adoption of new treatments is expected to increase over the next few years. Besides, ex-factory discounts and rebates in drug distribution, the impact of patent expiration, and generic or biosimilar competition will also affect the U.S. pharmaceutical market.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Diabetic Tests, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Diabetic Tests market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Diabetic Tests market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Diabetic Tests sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Diabetic Tests covered in this report include Medtronic, Abbott Laboratories, Bayer Healthcare AG., B. Braun, Terumo Corporation, Acon Laboratories, Roche Diagnostics, Johnson＆Johnson and ARKRAY, etc.
The global Diabetic Tests market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Medtronic
Abbott Laboratories
Bayer Healthcare AG.
B. Braun
Terumo Corporation
Acon Laboratories
Roche Diagnostics
Johnson＆Johnson
ARKRAY
Novo Nordisk
Ypsomed
Sanofi
LifeScan
I-SENS
Omron
Global Diabetic Tests market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Diabetic Tests market, Segment by Type:
Blood Glucose Monitor
Diabetes Test Strip
Others
Global Diabetic Tests market, by Application
Hospital
Clinic
Home Care
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Diabetic Tests companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
The global Diabetic Tests market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Diabetic Tests in various end use industries. The expanding demands from the Hospital, Clinic and Home Care,, are propelling Diabetic Tests market. Blood Glucose Monitor, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Diabetes Test Strip segment is estimated at % CAGR for the next seven-year period.
According to the Global Use of Medicines 2023 released by IQVIA Institute, the global drug expenditure in 2022 was about US$1.48 trillion (excluding COVID vaccine and treatment-related expenses), and it is predicted to grow at a rate of 3%-6% in the next few years. In terms of drug expenditure, this number in China was about 166 billion dollars in 2022. It is expected that the expenditure on medicines will increase in the next few years. From the perspective of demand, the trend of population aging, the increase of residents’ wealth and the improvement of health awareness will drive the demand for medicines.
Global Use of Medicines 2023 shows that the U.S. market spent about US$ 62.9 billion on medicines in 2022 on a net ex-factory basis. Overall growth slows as the Inflation Reduction Act (IRA) spends US$64 billion to reduce prescription drug prices, and the adoption of new treatments is expected to increase over the next few years. Besides, ex-factory discounts and rebates in drug distribution, the impact of patent expiration, and generic or biosimilar competition will also affect the U.S. pharmaceutical market.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Diabetic Tests, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Diabetic Tests market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Diabetic Tests market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Diabetic Tests sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Diabetic Tests covered in this report include Medtronic, Abbott Laboratories, Bayer Healthcare AG., B. Braun, Terumo Corporation, Acon Laboratories, Roche Diagnostics, Johnson＆Johnson and ARKRAY, etc.
The global Diabetic Tests market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Medtronic
Abbott Laboratories
Bayer Healthcare AG.
B. Braun
Terumo Corporation
Acon Laboratories
Roche Diagnostics
Johnson＆Johnson
ARKRAY
Novo Nordisk
Ypsomed
Sanofi
LifeScan
I-SENS
Omron
Global Diabetic Tests market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Diabetic Tests market, Segment by Type:
Blood Glucose Monitor
Diabetes Test Strip
Others
Global Diabetic Tests market, by Application
Hospital
Clinic
Home Care
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Diabetic Tests companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Diabetic Tests
1.1 Diabetic Tests Market Overview
1.1.1 Diabetic Tests Product Scope
1.1.2 Diabetic Tests Market Status and Outlook
1.2 Global Diabetic Tests Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Diabetic Tests Market Size by Region (2018-2029)
1.4 Global Diabetic Tests Historic Market Size by Region (2018-2023)
1.5 Global Diabetic Tests Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Diabetic Tests Market Size (2018-2029)
1.6.1 North America Diabetic Tests Market Size (2018-2029)
1.6.2 Europe Diabetic Tests Market Size (2018-2029)
1.6.3 Asia-Pacific Diabetic Tests Market Size (2018-2029)
1.6.4 Latin America Diabetic Tests Market Size (2018-2029)
1.6.5 Middle East & Africa Diabetic Tests Market Size (2018-2029)
2 Diabetic Tests Market by Type
2.1 Introduction
2.1.1 Blood Glucose Monitor
2.1.2 Diabetes Test Strip
2.1.3 Others
2.2 Global Diabetic Tests Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Diabetic Tests Historic Market Size by Type (2018-2023)
2.2.2 Global Diabetic Tests Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Diabetic Tests Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Diabetic Tests Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Diabetic Tests Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Diabetic Tests Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Diabetic Tests Revenue Breakdown by Type (2018-2029)
3 Diabetic Tests Market Overview by Application
3.1 Introduction
3.1.1 Hospital
3.1.2 Clinic
3.1.3 Home Care
3.2 Global Diabetic Tests Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Diabetic Tests Historic Market Size by Application (2018-2023)
3.2.2 Global Diabetic Tests Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Diabetic Tests Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Diabetic Tests Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Diabetic Tests Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Diabetic Tests Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Diabetic Tests Revenue Breakdown by Application (2018-2029)
4 Diabetic Tests Competition Analysis by Players
4.1 Global Diabetic Tests Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Diabetic Tests as of 2022)
4.3 Date of Key Players Enter into Diabetic Tests Market
4.4 Global Top Players Diabetic Tests Headquarters and Area Served
4.5 Key Players Diabetic Tests Product Solution and Service
4.6 Competitive Status
4.6.1 Diabetic Tests Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Medtronic
5.1.1 Medtronic Profile
5.1.2 Medtronic Main Business
5.1.3 Medtronic Diabetic Tests Products, Services and Solutions
5.1.4 Medtronic Diabetic Tests Revenue (US$ Million) & (2018-2023)
5.1.5 Medtronic Recent Developments
5.2 Abbott Laboratories
5.2.1 Abbott Laboratories Profile
5.2.2 Abbott Laboratories Main Business
5.2.3 Abbott Laboratories Diabetic Tests Products, Services and Solutions
5.2.4 Abbott Laboratories Diabetic Tests Revenue (US$ Million) & (2018-2023)
5.2.5 Abbott Laboratories Recent Developments
5.3 Bayer Healthcare AG.
5.3.1 Bayer Healthcare AG. Profile
5.3.2 Bayer Healthcare AG. Main Business
5.3.3 Bayer Healthcare AG. Diabetic Tests Products, Services and Solutions
5.3.4 Bayer Healthcare AG. Diabetic Tests Revenue (US$ Million) & (2018-2023)
5.3.5 B. Braun Recent Developments
5.4 B. Braun
5.4.1 B. Braun Profile
5.4.2 B. Braun Main Business
5.4.3 B. Braun Diabetic Tests Products, Services and Solutions
5.4.4 B. Braun Diabetic Tests Revenue (US$ Million) & (2018-2023)
5.4.5 B. Braun Recent Developments
5.5 Terumo Corporation
5.5.1 Terumo Corporation Profile
5.5.2 Terumo Corporation Main Business
5.5.3 Terumo Corporation Diabetic Tests Products, Services and Solutions
5.5.4 Terumo Corporation Diabetic Tests Revenue (US$ Million) & (2018-2023)
5.5.5 Terumo Corporation Recent Developments
5.6 Acon Laboratories
5.6.1 Acon Laboratories Profile
5.6.2 Acon Laboratories Main Business
5.6.3 Acon Laboratories Diabetic Tests Products, Services and Solutions
5.6.4 Acon Laboratories Diabetic Tests Revenue (US$ Million) & (2018-2023)
5.6.5 Acon Laboratories Recent Developments
5.7 Roche Diagnostics
5.7.1 Roche Diagnostics Profile
5.7.2 Roche Diagnostics Main Business
5.7.3 Roche Diagnostics Diabetic Tests Products, Services and Solutions
5.7.4 Roche Diagnostics Diabetic Tests Revenue (US$ Million) & (2018-2023)
5.7.5 Roche Diagnostics Recent Developments
5.8 Johnson＆Johnson
5.8.1 Johnson＆Johnson Profile
5.8.2 Johnson＆Johnson Main Business
5.8.3 Johnson＆Johnson Diabetic Tests Products, Services and Solutions
5.8.4 Johnson＆Johnson Diabetic Tests Revenue (US$ Million) & (2018-2023)
5.8.5 Johnson＆Johnson Recent Developments
5.9 ARKRAY
5.9.1 ARKRAY Profile
5.9.2 ARKRAY Main Business
5.9.3 ARKRAY Diabetic Tests Products, Services and Solutions
5.9.4 ARKRAY Diabetic Tests Revenue (US$ Million) & (2018-2023)
5.9.5 ARKRAY Recent Developments
5.10 Novo Nordisk
5.10.1 Novo Nordisk Profile
5.10.2 Novo Nordisk Main Business
5.10.3 Novo Nordisk Diabetic Tests Products, Services and Solutions
5.10.4 Novo Nordisk Diabetic Tests Revenue (US$ Million) & (2018-2023)
5.10.5 Novo Nordisk Recent Developments
5.11 Ypsomed
5.11.1 Ypsomed Profile
5.11.2 Ypsomed Main Business
5.11.3 Ypsomed Diabetic Tests Products, Services and Solutions
5.11.4 Ypsomed Diabetic Tests Revenue (US$ Million) & (2018-2023)
5.11.5 Ypsomed Recent Developments
5.12 Sanofi
5.12.1 Sanofi Profile
5.12.2 Sanofi Main Business
5.12.3 Sanofi Diabetic Tests Products, Services and Solutions
5.12.4 Sanofi Diabetic Tests Revenue (US$ Million) & (2018-2023)
5.12.5 Sanofi Recent Developments
5.13 LifeScan
5.13.1 LifeScan Profile
5.13.2 LifeScan Main Business
5.13.3 LifeScan Diabetic Tests Products, Services and Solutions
5.13.4 LifeScan Diabetic Tests Revenue (US$ Million) & (2018-2023)
5.13.5 LifeScan Recent Developments
5.14 I-SENS
5.14.1 I-SENS Profile
5.14.2 I-SENS Main Business
5.14.3 I-SENS Diabetic Tests Products, Services and Solutions
5.14.4 I-SENS Diabetic Tests Revenue (US$ Million) & (2018-2023)
5.14.5 I-SENS Recent Developments
5.15 Omron
5.15.1 Omron Profile
5.15.2 Omron Main Business
5.15.3 Omron Diabetic Tests Products, Services and Solutions
5.15.4 Omron Diabetic Tests Revenue (US$ Million) & (2018-2023)
5.15.5 Omron Recent Developments
6 North America
6.1 North America Diabetic Tests Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Diabetic Tests Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Diabetic Tests Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Diabetic Tests Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Diabetic Tests Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Diabetic Tests Market Dynamics
11.1 Diabetic Tests Industry Trends
11.2 Diabetic Tests Market Drivers
11.3 Diabetic Tests Market Challenges
11.4 Diabetic Tests Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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