Asia Pacific Point-of-care Glucose Testing Market Size & Outlook
Asia Pacific point-of-care glucose testing market, 2018-2030 (US$M)
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Asia Pacific point-of-care glucose testing market highlights
- The Asia Pacific point-of-care glucose testing market generated a revenue of USD 776.4 million in 2023.
- The market is expected to grow at a CAGR of 4.7% from 2024 to 2030.
- In terms of segment, accu-chek inform ii was the largest revenue generating product in 2023.
- Freestyle Lite is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 776.4 million |
| Market revenue in 2030 | USD 1,070.6 million |
| Growth rate | 4.7% (CAGR from 2023 to 2030) |
| Largest segment | Accu-chek inform ii |
| Fastest growing segment | Freestyle Lite |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Accu Check Aviva Meter, Onetouch Verio Flex, I-STAT, Freestyle Lite, Bayer CONTOUR blood glucose monitoring system, True Metrix, Accu-Chek Inform II, StatStrip |
| Key market players worldwide | Roche, Abbott Laboratories, Nipro Corp, Nova Biomedical, ACON Laboratories, Bayer AG, EKF Diagnostics Holdings PLC |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 22.8% of the global point-of-care glucose testing market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,070.6 million by 2030.
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Point-of-Care Glucose Testing Market Scope
Point-of-Care Glucose Testing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific 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 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 19.49% in 2023. Horizon Databook has segmented the Asia Pacific point-of-care glucose testing market based on accu check aviva meter, onetouch verio flex, i-stat, freestyle lite, bayer contour blood glucose monitoring system, true metrix, accu-chek inform ii, statstrip covering the revenue growth of each sub-segment from 2018 to 2030.
The adoption of POC tests is rapidly increasing owing to their associated advantages such as fast, easy, and mobile diagnosis and self-monitoring. These products facilitate diagnosis and monitoring for patients at hospitals, health assessment centers, clinics, and home.
Developing healthcare infrastructure and high prevalence of diabetes are among factors expected to drive the market growth in Asia Pacific countries. Furthermore, rise in adoption of miniaturized models and various measures being taken for reducing stays in hospitals and clinics are expected to boost the demand for POC glucose testing products.
Adoption of POC glucose diagnostics in operating rooms, emergency rooms, intensive care units, path labs, and hospitals is expected to increase owing to early and efficient delivery of results.
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Target buyers of Asia Pacific point-of-care glucose testing market databook
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Our clientele includes a mix of 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 continent-level data and insights on the Asia Pacific point-of-care glucose testing market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific point-of-care glucose testing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific point-of-care glucose testing market size, by country, 2018-2030 (US$M)
Asia Pacific Point-of-Care Glucose Testing Market Outlook Share, 2023 & 2030 (US$M)
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