Test Strip Market By Application (Diagnosis, Pregnancy Test), Type (Diabetic Strips, Fluorescein, Urine Test Strip) End Users, Key Players and Trend Analysis
Pune, India – August 21, 2019 —
Global Test Strip Market is expected to reach significant valuation at a 12.8% CAGR over the forecast period of 2017 to 2021.
Test strips are a type of diagnostic devices used primarily in Point of Care (PC) and for the effective and rapid diagnosis of multiple health disorders such as liver disease, kidney diseases, diabetes test, urinary tract infection (UTI), ophthalmic disease, among others.
Test strips are also extensively used for monitoring the blood glucose level in the diabetic patient pool, owing to its easy operability and large diabetes afflicted patient population.
Additionally, factors such as the growing geriatric population, technological advancements of test strips, changing lifestyle leading to the rising prevalence of diseases, and government initiatives towards research and development activities, is expected to drive the test strip market over the forecast period.