Blood Glucose Test Strip Market Trends, Growth And Share Analysis By Technology (Thick Film Electrochemical, Thin Film Electrochemical, Optical) - Forecast Till 2035

Blood Glucose Test Strip Market Overview

The Blood Glucose Test Strip Market Size was valued at USD 7.05 Billion in 2023. The Blood Glucose Test Strip industry is projected to grow from USD 7.69 Billion in 2025 to USD 10.73 Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 5.04% during the forecast period (2025 - 2035). 

Blood glucose test strip are small disposable strip that are used in conjunction with blood glucose meters for monitoring and controlling diabetes. These strip have glucose oxidase impregnated on them, which when reacts with glucose present in the blood produces gluconic acid. For this, a thin paper or plastic strip called blood glucose test strip are employed to check blood glucose levels and assist in managing diabetes.

In the medical diagnostics industry, diabetes test strip are indispensable, particularly for blood sugar monitoring and urinalysis. Test strip are composed of several strata, which comprise hydrophilic inner, adhesive, and electrode layers, in addition to a stable outer layer. Such diabetic blood test strip enable diabetic patients to effectively manage their condition by monitoring and regulating their glucose levels. Prediabetics and diabetics can routinely monitor their blood sugar levels without having to attend a clinic or diagnostic laboratory by using test strip. Apart from this, urine test strip play a vital role in medical diagnostics, specifically in the detection of urinary tract infections and the monitoring of kidney function. The test strip are capable of identifying a range of substances, including proteins, glucose, and ketones, in the urine.

Blood Glucose Test Strip Market Trends

Utilization of Point-of-care testing for diabetes is a growing trend shaping the market and creating new opportunities.

The Blood Glucose test strip market is poised to experience substantial expansion due to the growing trend of utilizing point-of-care testing.

Point-of-care testing enables immediate, on-site analyses of blood glucose levels to be performed, eliminating the necessity for laboratory processing and ensuring the provision of accurate, timely results. There are numerous advantages associated with this methodology, encompassing convenience, expedited response times, and immediate modifications in strategies for managing diabetes. The capacity of point-of-care testing to provide prompt and accurate results is the reason for its widespread use. The conventional approach to laboratory testing may entail extended waiting periods for results, thereby impeding the ability to make prompt decisions concerning the management of diabetes. With the one-touch blood glucose test strip, patients can have their blood glucose levels assessed at the point of care facilities within minutes. If necessary, they can make immediate adjustments to their nutrition, exercise regimen, or medication. This form of feedback enables individuals diagnosed with diabetes to effectively self-manage their condition and promptly make informed decisions regarding their health.

Point-of-care testing facility not only offers convenience and efficiency but also provide practical advantages for healthcare providers and medical institutions. It provides healthcare professionals with vital information regarding diagnosis, therapy adjustments, and monitoring of patients' blood glucose levels during clinic visits. Point-of-care tests streamline processes, enhance the efficiency of patient care, and eliminate the need for laboratory referrals. Healthcare facilities, including hospitals, clinics, and ambulatory surgical centres, are progressively incorporating point-of-care testing into their established clinical practices to enhance the patient experience and optimise healthcare delivery.

Blood Glucose Test Strip Market Segment Insights

The Blood Glucose test strip market is primarily segmented by technology, product type, and end-user insights.

Blood Glucose Test Strip Technology Insights

The blood glucose test strip market when segmented based on technological insights, is further bifurcated into electrochemical, enzymatic and colourimetric, where the electrochemical sub-segment owns the larger portion of the market share, due to the high accuracy it offers and the ease of testing that such electrochemical strip offer.

Blood Glucose Test Strip Product Type Insights

The blood glucose test strip market when segmented based on product types, is further divided into blood test strip and urine test strip, where the blood test strip accumulate the larger market share and is also anticipated to register a higher CAGR during the forecast period 2025 to 2035. The Easy-Touch glucose test strip quantify the concentration of glucose in a finger puncture of blood. By inserting the test strip into a blood glucose meter, the quantity of glucose in the blood sample is determined. By observing the data presented on the screen of the meter, the patient can monitor the evolution of their blood sugar levels.

Blood Glucose Test Strip End-User Insights

Based on  End-User segmentation, the blood glucose test strip market is further divided into hospitals, diagnostics centres, nursing homes and others. Out of these, the hospital sub-segmentation owes the major market share. In addition, purchasing groups are utilized by hospitals and clinics to acquire test strip in quantity. Since the inception of the COVID-19 pandemic, these devices have been the most frequently employed in public and private settings to identify hyperglycaemia, hypoglycaemia, and glycaemic variations.

Blood Glucose Test Strip Regional Insights

The Blood Glucose test strip market is primarily studied across four major reasons namely, North America, Europe, Asia-Pacific and the Rest of the World. Among these prominent regions, the North American region holds the major market share of the said market segment, and the Asia-Pacific region is said to have the highest CAGR during the forecast period.

Several factors are driving the North American market forward which include the rising incidence of diabetes, the initiatives of the national government to combat the disease more broadly, the rising prevalence of test strip, and the presence of significant market players. The United States is anticipated to retain the largest market share in North America. According to data updated by the CDC in January 2022, diabetes affected 37.3 million individuals, or 11.3%, of the US population. In the previous year, the disease affected 28.7 million people, including 28.5 million adults, in the country. It is anticipated that this demographic will propel the demand for diabetes test strip and stimulate regional market expansion.

The Europe test strip market holds the second largest market share as a result of the region's high prevalence of chronic diseases and the government's increasing support, which is demonstrated through increased investments in the construction of hospitals equipped with modern technology. Furthermore, it was reported that the German market held the largest proportion of the test strip industry, while the United Kingdom market is regarded as the most rapidly expanding market in Europe.

Apart from these two regions, the Asia-Pacific region is said to be the fastest-growing region with the highest CAGR during the period of forecast. The significant increase in diabetes prevalence among the APAC nations is a key driver of market revenue expansion. Based on data from the IDF Atlas, the prevalence of diabetes in India was estimated to be at 92.9 million by 2032, up from 74.1 million in 2021.

Blood Glucose Test Strip Market Key Players & Competitive Insights

The Blood Glucose test strip market is moderately fragmented, with several significant companies operating at both the international and regional levels. To strengthen their positions in the global market and develop their respective portfolios, key players in the market are conducting clinical trials and developing products and medical devices, as well as forming strategic alliances and agreements with global leaders in the said domains. Dario Health Corporation, LifeScan, Inc., ARKRAY, Inc., Medtronic plc, Bionime Corporation, and Care Touch LLC are among the key companies profiled in the said market segment.

Blood Glucose Test Strip Market Key Companies

• Abbott Laboratories
• Acon Laboratories. Inc
• Allmedicus
• Apex Biotechnology Corporation
• Ascensia Diabetes Care Holdings Ag
• Braun Melsungen Ag
• HMD Biomedical
• I-Sens, Inc.
• Lifescan, Inc.
• Roche Diagnostics
• Taidoc Technology Corporation
• Agamatrix
• Nipro
• 77 Electronika

Global Blood Glucose Test Strip Market Industry Developments

• Q2 2024: Ascensia Diabetes Care Launches Next-Generation CONTOUR®NEXT Blood Glucose Test Strips in the U.S. Ascensia Diabetes Care announced the U.S. launch of its next-generation CONTOUR®NEXT blood glucose test strips, designed to deliver improved accuracy and ease of use for people with diabetes.
• Q1 2024: Trividia Health Announces FDA Clearance for TRUE METRIX® AIR Blood Glucose Test Strips Trividia Health received FDA clearance for its TRUE METRIX® AIR blood glucose test strips, expanding its portfolio of diabetes management solutions in the U.S. market.
• Q2 2024: ARKRAY, Inc. Opens New Manufacturing Facility for Blood Glucose Test Strips in Minnesota ARKRAY, Inc. inaugurated a new manufacturing facility in Minnesota to increase production capacity for its blood glucose test strips, aiming to meet growing demand in North America.
• Q3 2024: Roche Receives CE Mark for Accu-Chek Guide Me Blood Glucose Test Strips in Europe Roche announced it has received CE Mark approval for its Accu-Chek Guide Me blood glucose test strips, enabling commercialization across the European Union.
• Q1 2024: BioSense Medical Secures $20 Million Series B Funding to Expand Blood Glucose Test Strip Production BioSense Medical closed a $20 million Series B funding round to scale up manufacturing and accelerate development of its next-generation blood glucose test strips.
• Q2 2025: AgaMatrix Announces Strategic Partnership with Medtronic for Blood Glucose Test Strip Distribution AgaMatrix entered a strategic partnership with Medtronic to distribute its blood glucose test strips through Medtronic’s diabetes care network in select international markets.
• Q1 2025: PTS Diagnostics Appoints New CEO to Drive Growth in Blood Glucose Test Strip Business PTS Diagnostics announced the appointment of a new Chief Executive Officer, aiming to strengthen its leadership and accelerate growth in the blood glucose test strip segment.
• Q2 2024: Bionime Corporation Launches Rightest GM7000 Blood Glucose Test Strips in India Bionime Corporation launched its Rightest GM7000 blood glucose test strips in the Indian market, expanding its presence in Asia and offering advanced diabetes monitoring solutions.
• Q3 2024: Ypsomed Receives FDA Clearance for mylife Unio Neva Blood Glucose Test Strips Ypsomed received FDA clearance for its mylife Unio Neva blood glucose test strips, allowing the company to market the product in the United States.
• Q1 2025: Dexcom Acquires Minority Stake in Blood Glucose Test Strip Startup GlucoTrack Dexcom acquired a minority equity stake in GlucoTrack, a startup developing innovative blood glucose test strip technology, to support product development and potential future collaboration.
• Q2 2025: Sinocare Receives NMPA Approval for Safe AQ Voice Blood Glucose Test Strips in China Sinocare announced it has received approval from the National Medical Products Administration (NMPA) for its Safe AQ Voice blood glucose test strips, enabling commercial launch in China.
• Q3 2024: Nova Biomedical Expands Blood Glucose Test Strip Production with New Facility in Ireland Nova Biomedical opened a new manufacturing facility in Ireland to expand production capacity for its blood glucose test strips, supporting growth in the European market.

Attribute/Metric	Details
Market Size 2035	USD 10.73 billion
Compound Annual Growth Rate (CAGR)	5.04% (2025-2035)
Base Year	2024
Market Forecast Period	2025-2035
Historical Data	2019 & 2023
Market Forecast Units	Value (USD Billion)
Report Coverage	Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered	Technology and Region
Geographies Covered	North America, Europe, Asia-Pacific and the Rest of the World
Countries Covered	The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled	Abbott Laboratories, Acon Laboratories. Inc, Allmedicus, Apex Biotechnology Corporation, Ascensia Diabetes Care Holdings Ag, B.Braun Melsungen Ag, HMD Biomedical, I-Sens, Inc., Lifescan, Inc., Roche Diagnostics, Taidoc Technology Corporation, Agamatrix, Nipro, 77 Electronika
Key Market Opportunities	Demand for diabetes test strip and stimulate regional market expansion.
Key Market Dynamics	Utilization of Point-of-care testing for diabetes is a growing trend shaping the market and creating new opportunities.