Saudi Arabia Network Point-of-care Glucose Testing Market Size & Outlook
Saudi Arabia network point-of-care glucose testing market, 2016-2028 (US$M)
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Saudi Arabia network point-of-care glucose testing market highlights
- The Saudi Arabia network point-of-care glucose testing market generated a revenue of USD 14.7 million in 2021 and is expected to reach USD 18.4 million by 2028.
- The Saudi Arabia market is expected to grow at a CAGR of 3.2% 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 14.7 million |
| Market revenue in 2028 | USD 18.4 million |
| Growth rate | 3.2% (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, Saudi Arabia accounted for 1.2% 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 Middle East & Africa, Saudi Arabia network point-of-care glucose testing market is projected to lead the regional market in terms of revenue in 2028.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 18.4 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 |
|---|
Saudi Arabia 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 50.34% in 2021. Horizon Databook has segmented the Saudi Arabia 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.
There has been an increase in the number of research surveys targeted toward analyzing the benefits of POC testing over conventional diagnostics in Saudi Arabia. For instance, an observational study was performed in September 2018, wherein the impact of POC testing at triage was studied.
In addition, a department has been dedicated for POC testing services in King Abdulaziz Medical City (KAMC), National Guard Health Affairs. This department was established in April 2000 with 10 members forming the committee; these members represent physicians, nursing, laboratory, laboratory information system, quality improvement departments, purchasing, and logistics.
The department makes use of Accu-Chek Inform System Glucometers manufactured by Roche. Approximately 231 glucometers are placed in different sites of KAMC for measurement of blood glucose levels in the whole blood sample. Blood is automatically sipped by the equipment transferring it to the external strip.
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Target buyers of Saudi Arabia 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 Saudi Arabia network point-of-care glucose testing market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia network point-of-care glucose testing market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Saudi Arabia network point-of-care glucose testing market size, by types, 2016-2028 (US$M)
Saudi Arabia Network Point-of-Care Glucose Testing Market Outlook Share, 2021 & 2028 (US$M)
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