Americas Blood Glucose Test Strip Packaging Market Research Report Information by Types (vials, high barrier pouches & the blister packs) - Forecast to 2032
ID: MRFR/MED/0478-HCR | 105 Pages | Author: Rahul Gotadki| November 2024
Americas Blood Glucose Test Strip Packaging Market Size was valued at USD 0.17 Billion in 2023. The Americas Blood Glucose Test Strip Packaging industry is projected to grow from USD 0.18 Billion in 2024 to USD 0.31 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.20% during the forecast period (2024 - 2032).
Blood glucose test strip packaging is the process of enclosing test strips in vials and high barrier pouches to protect them from environmental factors such as moisture, bacterial contamination, and other gases. The report provides in depth analysis of various types of packaging materials used for blood glucose test strip packaging.
The major factors contributing to the market growth are; increasing adoption of flexible packaging solutions, rising diabetic population & adoption of self-blood glucose testing, vital role of packaging in maintaining test strips efficiency and technological advancements.
Study Objectives of Blood Glucose Test Strip Packaging Market:
Americas Blood Glucose Test Strip Packaging market has been segmented on the basis of types and which majorly include vials and high barrier pouches & the blister packs
Globally North America is the largest market for Blood Glucose Test Strip Packaging, large share of this market is attributed to growing prevalence of diabetes and obesity. The U.S market for Blood Glucose Test Strip Packagingis expected to grow at a CAGR of XX% and is expected to reach at US$ XXX Million by the end of the forecasted period. Canada market for Blood Glucose Test Strip Packaging is expected to grow at a CAGR of XX%.
The report for Americas Blood Glucose Test Strip Packaging Markets of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market.
The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.
Report Attribute/Metric | Details |
Market Size | USD 0.31 Billion |
CAGR | 5.20% |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Data | 2020 |
Forecast Units | Value (USD Billion) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Types |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | CSP Technologies (U.S), Sanner (U.S), Multisorb Technologies (U.S), Impak Cororation (U.S), Laminatedfilms & Packaging (LF&P), INC (U.S), Flow Dry TechnologY, INC. (U.S), LPS Industries, LLC (U.S) |
Key Market Opportunities | Increasing Adoption of Flexible Packaging Solutions |
Key Market Drivers | New product launches and R&D Amongst major key Players |
Americas Blood Glucose Test Strip Packaging Market Highlights:
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