Thailand Point-of-care Glucose Testing Market Size & Outlook
Thailand point-of-care glucose testing market, 2018-2030 (US$M)
Related Markets
Thailand point-of-care glucose testing market highlights
- The Thailand point-of-care glucose testing market generated a revenue of USD 41.4 million in 2023 and is expected to reach USD 51.1 million by 2030.
- The Thailand market is expected to grow at a CAGR of 3.1% 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 41.4 million |
| Market revenue in 2030 | USD 51.1 million |
| Growth rate | 3.1% (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, Thailand accounted for 1.2% 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 Asia Pacific, Japan point-of-care glucose testing market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 244.0 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Point-of-Care Glucose Testing Market Scope
Point-of-Care Glucose Testing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Thailand 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 19.81% in 2023. Horizon Databook has segmented the Thailand 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.
Rising healthcare expenditure is expected to accelerate market growth in the country. The healthcare expenditure in Thailand amounted to be US$ 25.3 billion in 2016 and is expected to increase to US$ 47.9 billion by 2027, reflecting a growth rate of 6.6%.
Moreover, the increasing prevalence of diabetes is anticipated to bolster market growth. According to the estimates published in the International Diabetes Federation (IDF) Diabetes Atlas, in 2019, the prevalence of diabetes in the adult population is 8.3%.
Reasons to subscribe to Thailand point-of-care glucose testing market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Thailand point-of-care glucose testing market databook
-
Our clientele includes a mix of point-of-care glucose testing market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 Thailand point-of-care glucose testing market , including forecasts for subscribers. This country databook contains high-level insights into Thailand point-of-care glucose testing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Thailand point-of-care glucose testing market size, by product, 2018-2030 (US$M)
Thailand Point-of-Care Glucose Testing Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
