Global Blood Glucose Test Strip Market Size

Global Blood Glucose Test Strip Market Size Snapshot

Note – Market size depicts the revenue generated over the financial year

The world market for blood sugar test strips is projected to grow from an expected size of USD 7.69 billion in 2025 to a projected value of USD 10.73 billion by 2035, at a CAGR of 5.04% for the period of forecast. The rising demand for blood sugar test strips is a result of the rising prevalence of diabetes worldwide, and the increasing awareness of the importance of regular blood sugar monitoring for the effective management of diabetes. Also, the rising demand for reliable and easy-to-use diagnostic solutions is expected to further drive the market growth. There are several other factors driving the growth of the market, such as technological advancements that have enhanced the accuracy and convenience of blood sugar monitoring devices. The innovations such as the continuous glucose monitoring systems and smart test strips that integrate with mobile applications are reshaping the landscape of the market. The key players, such as Roche, DiaSorin, and Ascensia, are focusing on launching new products to capture a larger share of the market. In this regard, the success of the Freestyle Libre system by Abbot has been a major boost to the market.

Regional Market Size

Regional Deep Dive

Blood Glucose Test Strips Market is expected to grow significantly in the coming years, driven by the rising prevalence of diabetes and the increasing demand for home monitoring devices. In North America, the market is characterized by an advanced health care system and a high level of awareness among patients, while in Europe, the market is characterized by a strict regulatory environment that ensures product quality. The Asia-Pacific region is characterized by rapid technological development and a growing middle class, which will further enhance the access to diabetes management solutions. In the Middle East and Africa, the market is faced with various challenges, such as a lack of medical resources, but it is expected to grow due to increasing government support. Latin America is also a major market, as it is characterized by increasing health care investment and a focus on improving diabetes care.

North America

• Recent approval by the Food and Drug Administration of several new blood-glucose test-strips has improved the accuracy and ease of use of the strips, which will further increase the uptake.
• This is why major companies like Dexcom and Abbott are investing heavily in the development of the next generation of test strips that can be used in combination with digital health solutions.
• The prevalence of diabetes in the United States is increasing, and the government has launched a number of initiatives to ensure that diabetics have access to the proper management tools.

Europe

• The European Medicines Agency (EMEA) has established new regulations that require blood-glucose test strips to be tested more thoroughly than previously, to ensure a higher degree of safety and accuracy.
• Roche and Ascensia are bringing to a new stage the development of new non- invasive test methods which could revolutionize patient monitoring.
• In countries like Germany and the United Kingdom, where diabetes is treated in a more pro-active way, the demand for home-testing solutions is increasing.

Asia-Pacific

• India and China are the two countries where diabetes has increased most, and the government is subsidizing the purchase of blood-glucose meters.
• Telemedical and mobile health applications are increasing in the region, enabling remote monitoring of diabetes, which is driving the demand for compatible test strips.
• Terumo and Panasonic have focused on developing and promoting cost-effective, easy-to-use test strips for the growing middle classes in emerging markets.

MEA

• South Africa is a country where the government is making efforts to improve health care and diabetes education. This is expected to drive the demand for blood sugar test strips.
• The World Health Organization is promoting diabetes awareness and management in the region, which has a positive influence on market dynamics.
• Challenges such as the lack of health care facilities and the high cost of diabetes management tools are being addressed through the establishment of public-private partnerships between the government and the international health organizations.

Latin America

• Brazil and Mexico are leading in the field of medical care, with the goal of improving the management of diabetes and the use of blood sugar monitors.
• It is hoped that these test-strips, which are adapted to the economic conditions of the region, will penetrate the market.
• The prevalence of obesity and sedentary life in Latin America is increasing the rate of diabetes, which in turn is boosting the demand for blood sugar test strips.

Did You Know?

“There are 463 million diabetics in the world, and the number is expected to increase to 700 million by 2045, which will increase the demand for blood sugar test strips.” — International Diabetes Federation (IDF)

Segmental Market Size

The blood-glucose-test-strips market is a key part of the diabetes-care industry. Having recently experienced steady growth, this market is currently being pushed by the rising rate of diabetes and the growing awareness of health issues. This market is also being driven by the increased demand for home monitoring, which helps patients better manage their disease, and technological advancements that are improving the accuracy and convenience of testing. Further encouraging this market is the accelerated approval of new medical devices by the Food and Drug Administration.

At the present time, the market is in a state of mature growth, with companies such as Abbott and Roche leading in the field of innovation and distribution. In the field of diabetes, self-monitoring is the most important application of the test strip. Test strips are indispensable for patients on an insulin regimen. A rise in telemedicine and remote patient monitoring, accelerated by the COVID-19 pandemic, is accelerating growth. Furthermore, the development of smart technology, such as mobile applications and smart devices, is influencing the evolution of the segment towards greater convenience and data-driven analysis.

Future Outlook

The blood sugar test strips market is estimated to grow at a CAGR of 5.04% from 2025 to 2035. The market is estimated to grow from $ 7.69 billion to $ 10.73 billion. The growth of this market is due to the increasing prevalence of diabetes in the world, which is estimated by the International Diabetes Federation to reach 700 million adults by 2045. In addition, with the increasing awareness of diabetes, the demand for blood sugar test strips is expected to increase, and the penetration rate of diabetes in both type 1 and type 2 diabetes patients is expected to increase. , possibly reaching more than 80% of the total diabetic population by 2035.

The development of newer and more accurate test strips is expected to drive the market. In addition, the integration of test strips with mobile applications for real-time monitoring and data analysis will further improve patient compliance with the testing regimen. Moreover, supportive policies and reimbursement frameworks will facilitate access to these essential diagnostic tools. Meanwhile, trends such as the increasing adoption of continuous glucose monitors and the increasing use of personalized medicine will also influence the market.