Middle East & Africa Point-of-care Glucose Testing Market Size & Outlook
Middle East & Africa point-of-care glucose testing market, 2018-2030 (US$M)
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MEA point-of-care glucose testing market highlights
- The MEA point-of-care glucose testing market generated a revenue of USD 114.3 million in 2023.
- The market is expected to grow at a CAGR of 2.5% 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, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 114.3 million |
| Market revenue in 2030 | USD 136.0 million |
| Growth rate | 2.5% (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, MEA region accounted for 3.4% 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 |
|---|
Middle East & Africa 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 19.42% in 2023. Horizon Databook has segmented the Middle East & Africa 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 Middle East region is dominated by many established countries with well-developed healthcare systems. Well-structured countries such as Saudi Arabia and UAE are expected to provide easy market access and high growth during the forecast period.
Growing prevalence of diabetes, increasing purchasing power, and rising awareness about advanced diagnosis methods are among the key factors responsible for the market growth in this region. In addition, growing average age in the region is anticipated to increase the demand for POC diagnostic methods in the market.
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Target buyers of Middle East & Africa 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa point-of-care glucose testing market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa point-of-care glucose testing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA point-of-care glucose testing market size, by country, 2018-2030 (US$M)
Middle East & Africa Point-of-Care Glucose Testing Market Outlook Share, 2023 & 2030 (US$M)
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