Global Test Strip Market Size, Share, Forecast Report, 2020-2027

Test strip are the most important tools in Point of Care (POC) diagnostics. They helpto achieveprecise and rapid diagnosis of various critical diseases such as urinary tract infection (UTI), liver disease, kidney diseases, diabetes test, ophthalmic disease and others. The Test Strip market is expected to grow at higher growth rate due to Government's Support in various healthcare sectors, High prevalence of incidences of UTIs, Rising Diabetic Population, and various Technological advancements are the major growth drivers of test strip market. However, stringent regulatory policies, Lower adoption of this technology in under developed countries such as Latin American and African Countries, and inadequate reimbursement for test strips may restrict the growth of this market.

Key Players

The test strips are based on various technologies such as electrochemical and photometric. Majority of the test strips are based on electrochemical technology. The photometric technology market is expected to witness the highest growth. Roche Diagnostics, Lifescan, Inc., Abbott Laboratories, and Bayer are the leading players in the test strip market, by volume. These players possess state of art manufacturing facilities and strong sales and distribution network which have helped them to gain leadership position in the market.The other prominent players include Arkray Inc., Ascensia Diabetes Care Holdings Ag, B. Braun Melsungen AG, Chiltern Medicare Ltd, Henry Schein, Lifeassay Diagnostics (Pty), Siemens Healthcare, Taidoc Technology Corporation, and Teco Diagnostics.

Scope of the Report

This market research report covers the global test strips market by product, application, functions, end user, and region.

Global Test Strip Markets, By Product Type

• Urine test strip
• Diabetic Strips
• Fluorescein

Global Test Strip Market, By Application

• Disease Diagnosis
  • Urinalysis
    • Urinary Tract Infection (UTI)
    • Liver Disease
    • Kidney Diseases
    • Diabetic Test
    • Others
  • Blood Glucose Analysis
  • Ophthalmic Diagnostic
• Pregnancy Test

Global Test Strip Market, By Function

• Visual Test Strips
• Automated Test Strips

Global Test Strip Market, By End Users

• Institutes & Research Laboratories
• Hospitals & Clinics
• Diagnostic Laboratories
• Consumers