Japan Network Point-of-care Glucose Testing Market Size & Outlook
Japan network point-of-care glucose testing market, 2016-2028 (US$M)
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Japan network point-of-care glucose testing market highlights
- The Japan network point-of-care glucose testing market generated a revenue of USD 71.9 million in 2021 and is expected to reach USD 101.5 million by 2028.
- The Japan market is expected to grow at a CAGR of 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 71.9 million |
| Market revenue in 2028 | USD 101.5 million |
| Growth rate | 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, Japan accounted for 5.8% 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 Asia Pacific, Japan network point-of-care glucose testing market is projected to lead the regional market in terms of revenue in 2028.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 87.6 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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Japan 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 49.65% in 2021. Horizon Databook has segmented the Japan 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.
Japan is reported to have the largest geriatric population in the world, which can be attributed to increased life expectancy due to medical advancements and reduced fertility rate as a result of post– world war effects.
Moreover, geriatric population is expected to increase in the coming years. According to demographic estimates, about 25% of Japanese population is 65 years and above, which is estimated to rise up to 40% of the country’s population by 2060. Increasing geriatric population is expected to contribute significantly to rising diabetes burden in the country.
In 2019, the number of people suffering from diabetes in Japan reached 9.3 million with aging and obesity being the key causative factors. Such high incidence of diabetes in the country has led to an increase in the need for improving access to established glucose meter brands and ensuring their adoption.
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Target buyers of Japan 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 Japan network point-of-care glucose testing market , including forecasts for subscribers. This country databook contains high-level insights into Japan network point-of-care glucose testing market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Japan network point-of-care glucose testing market size, by types, 2016-2028 (US$M)
Japan Network Point-of-Care Glucose Testing Market Outlook Share, 2021 & 2028 (US$M)
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