Market Overview:
The global blood ketone tester market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing prevalence of diabetes, rising awareness about blood ketone testing, and technological advancements in blood ketone testers. Based on type, the global blood ketone tester market is segmented into handheld blood ketone test meters and benchtop blood ketone test meters. The handheld segment is expected to grow at a higher CAGR than the benchtop segment during the forecast period. This can be attributed to the growing demand for portable devices for home care settings and clinics.
Product Definition:
A blood ketone tester is a device that measures the levels of ketones in the blood. Ketones are chemicals produced when the body breaks down fat for energy. The presence of ketones in the blood can indicate that a person is following a low-carbohydrate diet or has diabetes.
Handheld Blood Ketone Test Meter:
Handheld blood ketone test meter is a device used for measuring blood ketone level in human body. Blood ketones are also known as acetoacetate or 2-Acetyl-2-oxopropionate (2APO). It is an organic compound and an acetylated form of carboxylic acid, produced by almost all organisms. The main function of this chemical is to provide energy when glucose levels are low.
Benchtop Blood Ketone Test Meter:
The benchtop blood ketone test meter is used for measuring the blood ketone level in human body. The normal range of ketone levels varies from patient to patient and also depends on factors such as physical activity, diet, and other medical conditions. Ketones are a by-product of fat metabolism that our body produces when we are not able to get enough sugar from food sources or if we do not have any source at all.
Application Insights:
The market is segmented by application into hospital, clinic and home care setting. The hospital segment dominated the overall blood ketone tester market in 2017 owing to rising awareness about nutritional therapies for patients suffering from chronic diseases such as diabetes. Moreover, growing government initiatives to promote healthy lifestyle among population are expected to boost product demand in near future.
The home care setting is anticipated to be the fastest-growing application over the forecast period due to increasing number of diabetic patients opting for self-monitoring blood glucose testing devices over clinics or hospitals due largely in part that they can perform their own tests at home without having professional technical expertise or knowledge about diabetes and its related symptoms.
Regional Analysis:
North America dominated the global blood ketone test meter market in 2017. The growing prevalence of obesity and diabetes is expected to drive the demand for blood ketone test meters in North America. According to CDC, around 29.6 million population suffered from obesity in 2015 and this number is estimated to reach 39 million by 2016, which indicates a significant rise over four years. In addition, an increase in cases of type 2 diabetes has been witnessed among working class people aged 20-40 years old as well as among obese individuals aged 30-50 years old that need medical attention due to high levels of glucose intolerance or insulin resistance syndrome (HIRS).
Growth Factors:
- Increasing prevalence of diabetes and obesity
- Growing demand for blood ketone testers in the personal care sector
- Rising awareness about the benefits of blood ketone testing
- Technological advancements in blood ketone testing devices
- Growing number of online retail stores selling blood ketone testers
Scope Of The Report
Report Attributes
Report Details
Report Title
Blood Ketone Tester Market Research Report
By Type
Handheld Blood Ketone Test Meter, Benchtop Blood Ketone Test Meter
By Application
Hospital, Clinic, Home Care Setting
By Companies
Bayer, Roche, Sanofi, Abbott, Nipro, ForaCare, Ketonix, Platinum Equity, Bruno Pharma, PortaCheck, Keto-Mojo, AmVenture, TaiDoc Technology, Stanbio Laboratory
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Blood Ketone Tester Market Report Segments:
The global Blood Ketone Tester market is segmented on the basis of:
Types
Handheld Blood Ketone Test Meter, Benchtop Blood Ketone Test Meter
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic, Home Care Setting
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bayer
- Roche
- Sanofi
- Abbott
- Nipro
- ForaCare
- Ketonix
- Platinum Equity
- Bruno Pharma
- PortaCheck
- Keto-Mojo
- AmVenture
- TaiDoc Technology
- Stanbio Laboratory
Highlights of The Blood Ketone Tester Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Handheld Blood Ketone Test Meter
- Benchtop Blood Ketone Test Meter
- By Application:
- Hospital
- Clinic
- Home Care Setting
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Blood Ketone Tester Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A blood ketone tester is a device that can measure the level of ketones in your blood. Ketones are produced when the body breaks down fat for energy. When you have high levels of ketones, this means that your body is using its stored fat instead of glucose for energy. This can lead to weight loss and improved health overall.
Some of the major companies in the blood ketone tester market are Bayer, Roche, Sanofi, Abbott, Nipro, ForaCare, Ketonix, Platinum Equity, Bruno Pharma, PortaCheck, Keto-Mojo, AmVenture, TaiDoc Technology, Stanbio Laboratory.
The blood ketone tester market is expected to register a CAGR of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Blood Ketone Tester Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Blood Ketone Tester Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Blood Ketone Tester Market - Supply Chain
4.5. Global Blood Ketone Tester Market Forecast
4.5.1. Blood Ketone Tester Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Blood Ketone Tester Market Size (000 Units) and Y-o-Y Growth
4.5.3. Blood Ketone Tester Market Absolute $ Opportunity
5. Global Blood Ketone Tester Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Blood Ketone Tester Market Size and Volume Forecast by Type
5.3.1. Handheld Blood Ketone Test Meter
5.3.2. Benchtop Blood Ketone Test Meter
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Blood Ketone Tester Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Blood Ketone Tester Market Size and Volume Forecast by Application
6.3.1. Hospital
6.3.2. Clinic
6.3.3. Home Care Setting
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Blood Ketone Tester Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Blood Ketone Tester Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Blood Ketone Tester Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Blood Ketone Tester Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Blood Ketone Tester Demand Share Forecast, 2019-2026
9. North America Blood Ketone Tester Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Blood Ketone Tester Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Blood Ketone Tester Market Size and Volume Forecast by Application
9.4.1. Hospital
9.4.2. Clinic
9.4.3. Home Care Setting
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Blood Ketone Tester Market Size and Volume Forecast by Type
9.7.1. Handheld Blood Ketone Test Meter
9.7.2. Benchtop Blood Ketone Test Meter
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Blood Ketone Tester Demand Share Forecast, 2019-2026
10. Latin America Blood Ketone Tester Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Blood Ketone Tester Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Blood Ketone Tester Market Size and Volume Forecast by Application
10.4.1. Hospital
10.4.2. Clinic
10.4.3. Home Care Setting
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Blood Ketone Tester Market Size and Volume Forecast by Type
10.7.1. Handheld Blood Ketone Test Meter
10.7.2. Benchtop Blood Ketone Test Meter
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Blood Ketone Tester Demand Share Forecast, 2019-2026
11. Europe Blood Ketone Tester Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Blood Ketone Tester Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Blood Ketone Tester Market Size and Volume Forecast by Application
11.4.1. Hospital
11.4.2. Clinic
11.4.3. Home Care Setting
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Blood Ketone Tester Market Size and Volume Forecast by Type
11.7.1. Handheld Blood Ketone Test Meter
11.7.2. Benchtop Blood Ketone Test Meter
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Blood Ketone Tester Demand Share, 2019-2026
12. Asia Pacific Blood Ketone Tester Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Blood Ketone Tester Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Blood Ketone Tester Market Size and Volume Forecast by Application
12.4.1. Hospital
12.4.2. Clinic
12.4.3. Home Care Setting
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Blood Ketone Tester Market Size and Volume Forecast by Type
12.7.1. Handheld Blood Ketone Test Meter
12.7.2. Benchtop Blood Ketone Test Meter
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Blood Ketone Tester Demand Share, 2019-2026
13. Middle East & Africa Blood Ketone Tester Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Blood Ketone Tester Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Blood Ketone Tester Market Size and Volume Forecast by Application
13.4.1. Hospital
13.4.2. Clinic
13.4.3. Home Care Setting
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Blood Ketone Tester Market Size and Volume Forecast by Type
13.7.1. Handheld Blood Ketone Test Meter
13.7.2. Benchtop Blood Ketone Test Meter
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Blood Ketone Tester Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Blood Ketone Tester Market: Market Share Analysis
14.2. Blood Ketone Tester Distributors and Customers
14.3. Blood Ketone Tester Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bayer
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Roche
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Sanofi
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Abbott
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Nipro
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ForaCare
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Ketonix
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Platinum Equity
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Bruno Pharma
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. PortaCheck
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Keto-Mojo
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. AmVenture
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. TaiDoc Technology
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Stanbio Laboratory
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
