UK Point-of-care Glucose Testing Market Size & Outlook
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UK point-of-care glucose testing market highlights
- The UK point-of-care glucose testing market generated a revenue of USD 215.2 million in 2023 and is expected to reach USD 269.0 million by 2030.
- The UK market is expected to grow at a CAGR of 3.2% 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 215.2 million |
| Market revenue in 2030 | USD 269.0 million |
| Growth rate | 3.2% (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, UK accounted for 6.3% 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 |
|---|---|---|---|---|
| ACON Laboratories | View profile | 1001-5000 | San Diego, California, United States, North America | http://aconlabs.com |
| Roche | View profile | 10001+ | Basel, Basel-Stadt, Switzerland, Europe | http://www.roche.com |
| Nipro Corp | View profile | 39713 | 3-9-3 Honjo-Nishi Kita-ku, Osaka, Japan, 531-8510 | http://www.nipro.co.jp |
| Bayer AG | View profile | 99723 | Kaiser-Wilhelm-Allee 1, Leverkusen, NW, Germany, 51368 | https://www.bayer.com |
| Nova Biomedical | View profile | 501-1000 | Waltham, Massachusetts, United States, North America | http://www.novabio.us |
| EKF Diagnostics Holdings PLC | View profile | 356 | 19 Stanwell Road, Penarth, Avon House, Cardiff, United Kingdom, CF64 2EZ | https://www.ekfdiagnostics.com |
| Abbott Laboratories | View profile | 114000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | https://www.abbottinvestor.com |
UK 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 19.1% in 2023. Horizon Databook has segmented the UK 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.
Increasing demand for innovative diagnostic products in the UK has propelled local manufacturers to strengthen their product offerings in glucose POC testing. In addition, various initiatives undertaken by National Health Services for training healthcare practitioners and funding are expected to enhance the usage of POC testing products in the country.
Presence of companies focused on manufacturing glucose POC testing products in the UK is anticipated to boost the market demand. For instance, MediWise is a UK-based diagnostics company involved in the development of glucose monitors that are noninvasive in nature.
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Target buyers of UK 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 UK point-of-care glucose testing market , including forecasts for subscribers. This country databook contains high-level insights into UK point-of-care glucose testing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK point-of-care glucose testing market size, by product, 2018-2030 (US$M)
UK Point-of-Care Glucose Testing Market Outlook Share, 2023 & 2030 (US$M)
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