The blood glucose test strips market is projected to grow at a CAGR of 5.65% to reach US$14.191 billion by 2023, from US$10.204 billion in 2017. As a part of diabetes treatment, constant monitoring of glucose levels is required. Blood glucose levels, if not monitored regularly, can lead to severe complications.

The diabetes management process is an expensive service. On a large scale, patients use blood glucose test strips. diabetic patients need to check their blood glucose levels at regular intervals to monitor their blood glucose levels and adjust the insulin dosing accordingly. Therefore, if a patient performs 5-6 tests in a day, the average expenditure on test strips would be over USD 180/month. These expenses add to the already high diabetes management costs and are impeding market growth.

The Blood Glucose Test Strips market has been analyzed through the following segments like By Diabetes Type, By Distribution Channel, By End Users, And By Geography.