Germany Point-of-care Glucose Testing Market Size & Outlook
Germany point-of-care glucose testing market, 2018-2030 (US$M)
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Germany point-of-care glucose testing market highlights
- The Germany point-of-care glucose testing market generated a revenue of USD 301.5 million in 2023 and is expected to reach USD 407.2 million by 2030.
- The Germany market is expected to grow at a CAGR of 4.4% 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.
Point-of-care glucose testing market data book summary
| Market revenue in 2023 | USD 301.5 million |
| Market revenue in 2030 | USD 407.2 million |
| Growth rate | 4.4% (CAGR from 2023 to 2030) |
| Largest segment | Accu-chek inform ii |
| Fastest growing segment | Freestyle Lite |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Germany accounted for 8.9% of the global point-of-care glucose testing market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany point-of-care glucose testing market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 140.5 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 |
|---|
Germany 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 20.46% in 2023. Horizon Databook has segmented the Germany 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.
Germany offers a favorable environment for growth of POC glucose testing market and is dominating the market in Europe. This dominance can be attributed to the presence of both well-established and startup companies in the country and advanced research infrastructure as well as supportive government policies.
In addition, approximately 25% of all laboratory tests are performed in POC settings in the country. Moreover, Germany has over 600 companies with over 26,000 employees working in biotechnology sector.
Among these, around 27% of the companies are focusing on the diagnostic segment. The country has a robust healthcare infrastructure in terms of facilities and trained healthcare professionals. Thus, there are low barriers to entry for both large-scale and small-scale manufacturers, which is contributing to the revenue generation.
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Target buyers of Germany 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 country-level data and insights on the Germany point-of-care glucose testing market , including forecasts for subscribers. This country databook contains high-level insights into Germany point-of-care glucose testing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany point-of-care glucose testing market size, by product, 2018-2030 (US$M)
Germany Point-of-Care Glucose Testing Market Outlook Share, 2023 & 2030 (US$M)
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