Italy Network Point-of-care Glucose Testing Market Size & Outlook
Italy network point-of-care glucose testing market, 2016-2028 (US$M)
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Italy network point-of-care glucose testing market highlights
- The Italy network point-of-care glucose testing market generated a revenue of USD 38.2 million in 2021 and is expected to reach USD 52.0 million by 2028.
- The Italy market is expected to grow at a CAGR of 4.5% 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 38.2 million |
| Market revenue in 2028 | USD 52.0 million |
| Growth rate | 4.5% (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, Italy accounted for 3.1% 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 Europe, Germany network point-of-care glucose testing market is projected to lead the regional market in terms of revenue in 2028.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 52.0 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 |
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Italy 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 49.48% in 2021. Horizon Databook has segmented the Italy 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.
Italy has witnessed a significant increase in the number of people suffering from diabetes over the years. Currently, over 3 million people are suffering from diabetes in the country. According to the International Diabetes Federation, this number is expected to increase to approximately 5 million by 2030.
Presence of well-established glucose POC diagnostics manufacturers help in effectively managing diabetes. For instance, The Menarini Group is a pharmaceutical manufacturer located in Italy and has a separate division, Menarini Diagnostics, which is fully dedicated to diagnostic products.
The company offers glucometers such as Glucofix Premium, which quantifies glucose and ketones at the same time. This was designed to reduce the risk of ketoacidosis in diabetic patients. The introduction of such glucose meters in the market is expected to fuel the demand for POC glucose testing products in Italy.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Italy network point-of-care glucose testing market , including forecasts for subscribers. This country databook contains high-level insights into Italy network point-of-care glucose testing market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Italy network point-of-care glucose testing market size, by types, 2016-2028 (US$M)
Italy Network Point-of-Care Glucose Testing Market Outlook Share, 2021 & 2028 (US$M)
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