North America Point-of-care Glucose Testing Market Size & Outlook
North America point-of-care glucose testing market, 2018-2030 (US$M)
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North America point-of-care glucose testing market highlights
- The North America point-of-care glucose testing market generated a revenue of USD 1,373.7 million in 2023.
- The market is expected to grow at a CAGR of 4.3% 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, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 1,373.7 million |
| Market revenue in 2030 | USD 1,841.5 million |
| Growth rate | 4.3% (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, North America region accounted for 40.4% 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 |
|---|
North America 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 18.02% in 2023. Horizon Databook has segmented the North America 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.
North America generated the highest revenue in global Point-Of-Care (POC) glucose diagnostics/testing market in 2020 and is expected to maintain its dominance over the forecast period. This region is home to several key market players such as Abbott, Nova Biomedical, and Prodigy Diabetes Care, LLC.
This has increased availability of glucose testing products, thereby contributing to the revenue generation. In addition, higher healthcare expenditure by governments on diabetes management is one of the factors responsible for the largest share held by the region in the global market.
Furthermore, local manufacturers are continuously evolving in terms of technological advancements and are incorporating latest technologies, such as Picture Archiving and Communication Systems (PACS) and Electronic Medical Records (EMR), which is expected to drive the market growth during the forecast period.
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Target buyers of North America 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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Horizon Databook provides a detailed overview of continent-level data and insights on the North America point-of-care glucose testing market , including forecasts for subscribers. This continent databook contains high-level insights into North America point-of-care glucose testing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America point-of-care glucose testing market size, by country, 2018-2030 (US$M)
North America Point-of-Care Glucose Testing Market Outlook Share, 2023 & 2030 (US$M)
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