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The market for blood glucose test strip was estimated at $13.7 billion in 2015 and is expected to reach $18.5 billion by 2020 | Test Strip Market


Key Players - Bayer, Abbott Roche and siemens health
— Market Research Future
PUNE, MAHARASTRA, INDIA, January 4, 2017 /EINPresswire.com/ -- Test strip are the most important tools in Point of Care (POC) diagnostics. They helpto achieve precise 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.

Theses arises need for self-glucose monitoring. Blood glucose test strip is an essential part of self-blood glucose monitoring. The market for blood glucose test strip was estimated at $13.7 billion in 2015 and is expected to reach $18.5 billion by 2020. The growth of the market is driven by launch of advanced test strips based on innovative technology which provide more accurate and reliable results

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