Colombia Network Point-of-care Glucose Testing Market Size & Outlook
Colombia network point-of-care glucose testing market, 2016-2028 (US$M)
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Colombia network point-of-care glucose testing market highlights
- The Colombia network point-of-care glucose testing market generated a revenue of USD 8.9 million in 2021 and is expected to reach USD 10.5 million by 2028.
- The Colombia market is expected to grow at a CAGR of 2.5% from 2022 to 2028.
- In terms of segment, accu-chek inform ii was the largest revenue generating types in 2021.
- CareSens Expert Plus is the most lucrative types segment registering the fastest growth during the forecast period.
Network point-of-care glucose testing market data book summary
| Market revenue in 2021 | USD 8.9 million |
| Market revenue in 2028 | USD 10.5 million |
| Growth rate | 2.5% (CAGR from 2021 to 2028) |
| Largest segment | Accu-chek inform ii |
| Fastest growing segment | CareSens Expert Plus |
| Historical data | 2016 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | I-STAT, CareSens Expert Plus, Accu-Chek Inform II, StatStrip, HemoCue |
| Key market players worldwide | Roche Holding AG ADR, Abbott Laboratories, Nova Biomedical, Bayer AG, Danaher Corp |
Other key industry trends
- In terms of revenue, Colombia accounted for 0.7% of the global network point-of-care glucose testing market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Latin America, Brazil network point-of-care glucose testing market is projected to lead the regional market in terms of revenue in 2028.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 26.4 million by 2028.
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Network Point-of-Care Glucose Testing Market Scope
Network Point-of-Care Glucose Testing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Colombia network point-of-care glucose testing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to network point-of-care glucose testing market will help companies and investors design strategic landscapes.
Accu-chek inform ii was the largest segment with a revenue share of 48.31% in 2021. Horizon Databook has segmented the Colombia network point-of-care glucose testing market based on i-stat, caresens expert plus, accu-chek inform ii, statstrip, hemocue covering the revenue growth of each sub-segment from 2016 to 2028.
Point-of-care (nPOC) glucose testing market in Colombia was valued at USD 20.3 million in 2019 and is expected to grow at a CAGR of 2.30% during the forecast period. According to International Diabetes Federation, there are more than 2 million people in Colombia living with diabetes with the prevalence rate of 8.1%.
Diabetes is a leading cause of death in Colombia with rate of 15 deaths per 100,000 people. Furthermore, technological advancement coupled with innovative product launches are further propelling the market over the forecast period. Thus, the above-mentioned factors are expected to boost the demand for the market.
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Target buyers of Colombia network point-of-care glucose testing market databook
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Our clientele includes a mix of network point-of-care glucose testing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Colombia network point-of-care glucose testing market , including forecasts for subscribers. This country databook contains high-level insights into Colombia network point-of-care glucose testing market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Colombia network point-of-care glucose testing market size, by types, 2016-2028 (US$M)
Colombia Network Point-of-Care Glucose Testing Market Outlook Share, 2021 & 2028 (US$M)
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