Question 1

How much growth rate is expected in thin-film strips industry through 2025?

Accepted Answer

Thin-film strips are expected to witness lucrative growth of 4% across the forecast years due to usage of novel nano technology in these test strips.

Question 2

What was the estimated global test strips market size in 2018?

Accepted Answer

The market size of test strips exceeded USD 8.6 billion in 2018.

Question 3

What is the anticipated growth for the test strips industry share during the forecast period?

Accepted Answer

The industry share of test strips is expected to expand at 3.8% CAGR from 2019 to 2025.

Question 4

How much was the market size of test strips in U.S.?

Accepted Answer

U.S. market is expected to hold considerable market size of 4.9 billion in 2018, owing to increasing number of companies manufacturing diabetes test strips, says a GMI report.

Question 5

What is the use of test strips?

Accepted Answer

Test strips are used to monitor or control glucose level of a diabetic patient which helps pre-diabetic and diabetic people track their blood glucose level on a regular basis without visiting a clinic or a diagnostic laboratory.

Test strips Market Share

Test Strips Market Share

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