Global Blood Glucose Test Strip Packaging Market Overview:
The blood glucose test strips are enclosed in high barrier pouches and vails in order to protect their quality from getting deteriorated due to environmental factors such as moisture, bacterial contamination and others. As per the report that has been published by Market Research Future (MRFR), the global blood glucose test strip packaging market is registered to expand steadily in the coming years.
The leading players that are profiled by MRFR in the report on the global Blood Glucose Test Strip Packaging Market are:
CSP Technologies (the U.S), Sanner (the U.S), Multisorb Technologies (the U.S), Impak Corporation (the U.S), Laminated films & Packaging (LF&P), INC (the U.S), Flow Dry TechnologY, INC. (the U.S), LPS Industries, LLC (the U.S), Roche Diagnostics, Abbott Laboratories, Lifescan, Inc. (A Johnson & Johnson Company), I-Sens, Inc., Trividia Health (Previously Known As Nipro Diagnostics, Inc.), Ascensia Diabetes Care Holdings Ag (Previously Known As Bayer Diabetes Care), Apex Biotechnology Corporation, Agamatrix Inc., Taidoc Technology Corporation, Universal Biosensors, Beijing Yicheng Electronic Co., Ltd., Sannuo Biosensor Inc., Shanghai Microsense Tm Inc., Acon Laboratories, Inc., Allmedicus, National Diagnostic Products, Hmd Biomedical, Yuwell-Jiangsu Yuyue Medical Equipment & Supply Co., Ltd., 77 Elektronika Kft., B. Braun Melsungen Ag and others.
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Market Drivers and Restraints:
Increasing demand for blood glucose test strips due to rise in prevalence of diabetes in all the regions of the world and rapid adoption of self-blood glucose testing devices are majorly propelling the expansion of the global blood glucose test strip packaging market.
Innovation in the manufacturing process by the incorporation of advanced technology has significantly improved the quality of packaging, which in turn is fueling the growth of the global blood glucose test strip packaging market.
Increasing geriatric population, prevalence of obesity and diabetes and the adoption of flexible packaging solutions are some of the other factors that are driving the global blood glucose test strip packaging market. However, poor healthcare facilities in the underdeveloped regions and lack of awareness are likely to impact negatively on the growth of the global blood glucose test strip packaging market.
The global blood glucose test strip packaging market has been segmented on the basis of product type. Based on product type, the blood glucose test strip packaging market is segmented into plastic vials, aluminum foils and others. The plastic vials segment is sub-segmented into plastic vials with loose desiccant, plastic vials with injected desiccant, plastic vials with other desiccant and plastic vials without desiccant.
In July 2018, SVAM Packaging Industries Pvt Ltd, an India-based manufacturer of healthcare and food packaging, has partnered with Japanese packaging giant and one of the world's finest technology driven aluminum company, Toyo Aluminum K.K.
In May 2018, Selected lots of Roche's Accu-Chek Aviva and Accu-Check Performa test strips were recalled due to manufacturing and packaging issues that had caused strip error and biased results.
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