Glucose Tolerance Test Market Players, Trends, Growth Synopsis & Forecast – 2030

 

Glucose Tolerance Test Market

The Glucose Tolerance Test Market is anticipated to reach USD 47.13 billion by 2030 at 10.80% CAGR during the forecast period 2022-2030.

A glucose tolerance test, simply put, is a test that helps to measure how well the cells in a body can engross sugar or glucose after the patient consumes a certain amount of sugar. 

Various factors are propelling the global glucose tolerance test market growth. As per the latest MRFR report, such factors include changing lifestyle, urbanization, rising prevalence of diabetes across the world, increasing healthcare awareness, rising lifestyle associated diseases, increasing obese population, and growing aging population. 

On the contrary, limited reimbursement, high diagnosis and treatment cost, and the availability of affordable alternative technologies are factors that may limit the global glucose tolerance test market growth over the forecast period. Besides, the grave impact of the ongoing COVID-19 outbreak is also impacting the market growth. 

Major Key Players:

Some of the Glucose Tolerance Test Market Players are Panasonic Dexcom, Inc. Abbott Laboratories Hoffman-La Roche Ltd. LifeScan, Inc. Sanofi Medtronic PLC

Segment Analysis

The MRFR report offers an inclusive segmental analysis of the global glucose tolerance test market report based on product, indication, and end user. 

By product, the global glucose tolerance market is segmented into smart sensors, blood glucose testing kit, and others. The blood glucose testing kit is further segmented into test strips, meters, lancet, and others. Of these, the blood glucose testing kit segment will lead the market over the forecast period. Burgeoning demand for home care for diabetes, rising cases of diabetes, and easy accessibility and use are adding to the segment growth. It is predicted to touch USD 36,164.0 million by 2023. 

By indication, the global glucose tolerance test market is segmented into reactive hypoglycaemia, insulin resistance, gestational diabetes, and diabetes. Of these, the diabetes segment will dominate the market over the forecast period. The rising cases of diabetes are adding to the growth of the segment. 

By end users, the global glucose tolerance test market is segmented into home, hospitals, and diagnostic clinics. Of these, the diagnostics clinics will have a major share in the market over the forecast period. 

Regional Analysis

Based on the region, the global glucose tolerance test market report covers the growth opportunities and recent trends across the Americas, Europe, the Asia Pacific, & the Middle East and Africa. Of these, the Americas will lead the market over the forecast period. High healthcare expenditure, well-developed technology, and the rising cases of diabetes mellitus (DM) are adding to the global glucose tolerance test market growth in the region. 

The global glucose tolerance test market in Europe is predicted to hold the second-largest share over the forecast period. The presence of a growing geriatric population, well-developed healthcare infrastructure, and increasing support from the government for R&D are adding to the global glucose tolerance test market growth in the region.

The global glucose tolerance test market in the APAC region is predicted to grow at a fast pace over the forecast period. The presence of ample opportunities for the market development, coupled with the rapidly changing healthcare sector, is adding to the glucose tolerance test market growth in the region. 

The global glucose tolerance test market in the MEA is predicted to have the smallest share over the forecast period for the slow & poor developing countries, particularly in the African region. 

About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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