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Blood Glucose Test Strip Packaging Market Size, Share & Industry Analysis, By Material (Plastic, Aluminum, and Others), By Product Type (Bottle, Vial & Tubes, Film, and Others), By End-user (Hospital, Diagnostic Clinics, Household, and Others), and Regional Forecast, 2024-2032

Last Updated: April 15, 2024 | Format: PDF | Report ID: FBI109227

 

KEY MARKET INSIGHTS

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The global blood glucose test strip packaging market size was valued at USD 2.25 billion in 2023 and is projected to grow from USD 2.38 billion in 2024 to USD 3.91 billion by 2032, exhibiting a CAGR of 6.41% during the forecast period.


A diabetes test strip is a small disposable plastic strip layered with a biological enzyme and used with a diabetes testing device that reacts with glucose present in the blood. Therefore, its packaging is crucial for obtaining accurate results of blood glucose levels. The packaging provides the test strips with additional security by protecting them from the external environment and preventing contact with moisture, light, and air. In this way, packaging helps extend the product's life, stimulating this market's growth.


Businesses, industries, and markets were turned upside down by the COVID-19 pandemic, and this impact was especially profound in the medical device sector. However, while the impact of the pandemic has been overwhelmingly negative in many areas, the medtech industry experienced both ups and downs throughout the crisis. Diabetic people used these strips at home in large numbers in emerging nations, causing moderate growth in the blood glucose test strip packaging sector.


Blood Glucose Test Strip Packaging Market Trends


Augmenting Demand for Individually Packed Test Strips to Support Market Growth


The individual strips are covered with an aluminum desiccant film, which helps ensure safety and prevents all strips from being exposed at once. The film features a drying layer of active adsorbent material that helps increase the strip's durability during storage. A robust and stable strip results in better security and appearance and prevents moisture from entering the packaging. If a bottle with strips is opened several times, there is a high risk that moisture may penetrate inside and affect the quality of the strips. Moreover, individually packaged strips can prevent this situation, and the ideal humidity should be around 25°C.


According to the tests carried out on these individual strips, the aluminum strips can successfully maintain the temperature of 25°C within 2 hours and maintain the humidity at around 10%. Aside from these great advantages, individual strips are also convenient to use, and there is no specific need to take the entire backpack while traveling. This way, only the required number of strips are used. The individual blood sugar test strips are easy to use and extremely accurate, and they help extend the expiration date of the strips.


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Blood Glucose Test Strip Packaging Market Growth Factors


Increasing Cases of Diabetes across the World to Fuel Market Growth


The increase in the occurrence of diabetes among the population across the world is one of the major factors driving the growth of the blood glucose test strip packaging market. Diabetic patients are expected to test their sugar levels at least two to three times a day, and the high usage of these strips by them and the financial support provided by the government is accelerating the growth of this market. The increasing acceptance of the strips, which allow the patient to carry out their tests regularly at home without visiting a diagnostic laboratory, is also contributing to the blood glucose test strip packaging market growth.


Furthermore, the increasing habit of binge eating and lack of physical activity are leading to an increase in the prevalence of diabetes. In addition, people's lifestyles are changing, and with alcohol consumption and smoking, the number of obesity cases and geriatric population is increasing, resulting in deaths from diabetes. For example, according to the World Health Organization, there was a 3% increase in age-standardized mortality rates from diabetes between 2000 and 2019. In lower middle-income countries, the mortality rate from diabetes increased by 13%. This has resulted in thriving opportunities for the market for blood glucose test strip packaging.


Incorporation of Desiccant into Packaging to Drive Market Growth


The desiccant packaging offers the test strips the best moisture protection as it always keeps them dry and, therefore, efficient. The integrated desiccant absorbs the moisture that gets into the interior of the packaging due to the ambient humidity. This dry microclimate in the packaging is extremely important for the test system. Moisture can damage the unused test strip, making test results inaccurate and compromising patient care.


Moisture barrier packaging is used to protect a variety of products from harmful moisture. Desiccant bags or films are often used to enhance moisture protection by absorbing the initial moisture in the packaging headspace and the moisture that penetrates through the barrier packaging. An alternative to desiccant packaging is to make the desiccant an integral part of the packaging, preferably mixed with the sealant or product contact material. This prevents contamination of package contents in the event of desiccant leakage from a pouch and eliminates the risk of accidental ingestion of the pouch, thereby promoting the growth of the blood glucose test strip packaging market share.


RESTRAINING FACTORS


Increasing Waste Caused by the Test Strips May Hinder Market Growth


In recent times, people are more conscious of the increasing waste caused by packaging as well as its products. The test strips used to measure blood glucose levels are not disposable, and their surging use throughout the world, along with their packaging, is hindering the growth of this market. The surging demand for individual test strips increases the waste as single strips need different packaging. Furthermore, the lack of proper infrastructure to recycle plastic and aluminum packaging in emerging nations is restricting the growth of the blood glucose test strip packaging sector.


However, adopting recyclable materials in packaging is a positive step that helps mitigate these challenges to market growth.


Blood Glucose Test Strip Packaging Market Segmentation Analysis


By Material Analysis


Plastic Segment Dominates Market Owing to its Excellent Barrier Properties


By material, the market is segregated into plastic, aluminum, and others. Plastic is the dominating segment in this market. Plastic packaging has excellent barrier properties to protect the test strips from bacteria, moisture, gases and other environmental factors. It is crucial to avoid contamination of the strips, thus driving the growth of the plastic segment.


The aluminum is the second-largest and highest-growing segment in this market. Aluminum is impenetrable to oxygen, moisture and other gases, as well as micro-organisms and light, which can improve the stability of the test strip during storage, thus boosting the growth of this segment.


By Product Type Analysis


Bottles Segment Steer Market Growth With its Easy Customizability and Extra Space


In terms of product type, the market is classified into bottle, vial & tubes, film, and others. The bottle segment accounts for the largest market share and is the leading segment of the market. The easy opening of bottles and extra space to store more than 20 strips at a time are enhancing the growth of this segment. The easy customizability of bottles according to the demand of hospitals and diagnostic centers is also boosting the growth of this segment.


The vial & tubes is the second most dominant segment of the market. They provide an inert environment to store the test strips. The incorporation of desiccant caps with the vials & tubes is bolstering the growth of this segment.


By End-user Analysis


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Hospitals Lead Market Due to their Presence in Cities and Remote Locations


Based on end-user, the market is segmented into hospital, diagnostic clinics, household, and others. The hospital segment holds the largest share of the market. The presence of hospitals in the cities and remote areas and subsidies provided by the government for diabetes checkups at very low prices are driving the growth of this segment.


The diagnostic clinics is the second dominating segment of the market. The demand for diagnostic testing continues to rise due to converging factors. Non-communicable diseases are widespread, and the rising number of chronic diseases increases people's awareness of their early diagnosis, leading to the growth of this segment.


REGIONAL INSIGHTS


The market is analyzed across Europe, Asia Pacific, North America, the Middle East & Africa, and Latin America.


North America Blood Glucose Test Strip Packaging Market Size, 2023 (USD Billion)

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North America is the dominating region in this market. The well-established healthcare industry in the region, along with the presence of key players such as Aptar CSP Technologies and Wisesorbent Technology, among others, is bolstering its growth.


Asia Pacific is the second-most dominant and fastest-growing region in the market. The increasing geriatric population and low per capita income in emerging nations in the region have led to a rise in diabetes cases. According to the National Library of Medicine, more than 60% of the people with diabetes live in Asia, with almost one-half in China and India combined, thus increasing the demand for blood glucose test strip packaging in the region.


Europe is growing significantly due to the growing geriatric population in the region. The change in lifestyle and eating habits leads to an increase in overweight, obesity, unhealthy diet, and physical inactivity, causing diabetes. Thus, this factor is expected to lead to the market's rapid growth in Europe.


The market for blood glucose test strip packaging in Latin America is poised to expand moderately during the forecast period. The increasing cases of diabetes in the region due to genetic and socioeconomic factors have created a high demand for packaging that protects the test strips, thus impelling regional growth.


List of Key Companies in Blood Glucose Test Strip Packaging Market


Leading Companies Dominate by Providing Innovative Packaging


The global blood glucose test strip packaging market is highly fragmented and competitive. With regard to market share, the few major market players dominate the market by offering innovative packaging in the packaging industry. These major players in the market are consistently emphasizing the expansion of their customer base across the regions and innovation.


Prominent companies include Aptar CSP Technologies, Sanner, Shijiazhuang Xinfuda Medical Packaging Co., Ltd., HMD, and others. Numerous other companies operating in the industry are focused on providing advanced blood glucose test strip packaging solutions.


List of Key Companies Profiled



KEY INDUSTRY DEVELOPMENTS



  • December 2022 - Airnov Healthcare Packaging launched the HAT-B vial, an active and ergonomic flip-flop container that is designed to protect test strips, nutraceuticals, and pharmaceuticals from moisture.

  • February 2021 - Quidel, a major American manufacturer of diagnostic healthcare products, integrated active packaging technology to protect from moisture and other environmental conditions that could otherwise impact accuracy.

  • December 2020 - Aptar CSP Technologies extended its capacity for manufacturing numerous configurations of its 3‐Phase Activ‐Polymer™ technology to support augmented demand for diagnostic test kit protection solutions. 3‐Phase Activ‐Polymer™ technology delivers a broad spectrum of custom‐engineered protection in a variety of configurations. Proven solutions for the diagnostics market include the company’s Activ‐Vial™, which can be used to house swabs or test strips, and Activ‐Film™ and active molded components that can be seamlessly integrated into kit components or packaging.

  • October 2020 - Airnov launched a HAT IN vial to protect diagnostic and nutraceutical products. The vial utilizes Airnov’s advanced desiccant polymer (ADP) technology integrated into the vial with the moisture adsorption properties of desiccants to create a vial lining for moisture-sensitive products such as diagnostic test strips.

  • January 2020 - Roche Diabetes Care India launched its new Accu-Chek Guide blood glucose monitoring system with the new Accu-Chek Guide SmartPack test strip in India.


REPORT COVERAGE


The research report provides a detailed analysis of the market and focuses on key aspects such as leading companies, competitive landscape, product/service types, Porter’s five forces analysis, and leading end-use industries of the product. Besides this, it offers insights into the market trends and highlights key industry developments. In addition to the above factors, the report encompasses several factors contributing to recent market growth.


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Report Scope & Segmentation



















































ATTRIBUTE



DETAILS



Study Period



2019-2032



Base Year



2023



Estimated Year



2024



Forecast Period



2024-2032



Historical Period



2019-2022



Growth Rate



CAGR of 6.41% from 2024 to 2032



Unit



Value (USD Billion)



Segmentation



By Material



  • Plastic

  • Aluminum

  • Others



By Product Type



  • Bottle

  • Vial & Tubes

  • Film

  • Others



By End-user



  • Hospital

  • Diagnostic Clinics

  • Household

  • Others



By Region



  • North America (By Material, Product Type, End-user, and Country)

    • U.S. (By End-user)

    • Canada (By End-user)



  • Europe (By Material, Product Type, End-user, and Country)

    • Germany (By End-user)

    • U.K. (By End-user)

    • France (By End-user)

    • Italy (By End-user)

    • Spain (By End-user)

    • Russia (By End-user)

    • Poland (By End-user)

    • Romania (By End-user)

    • Rest of Europe (By End-user)



  • Asia Pacific (By Material, Product Type, End-user, and Country)

    • China (By End-user)

    • India (By End-user)

    • Japan(By End-user)

    • Australia (By End-user)

    • South Korea (By End-user)

    • Southeast Asia (By End-user)

    • Rest of Asia Pacific (By End-user)



  • Latin America (By Material, Product Type, End-user, and Country)

    • Brazil (By End-user)

    • Mexico (By End-user)

    • Argentina (By End-user)

    • Rest of Latin America (By End-user)



  • Middle East & Africa (By Material, Product Type, End-user, and Country)

    • Saudi Arabia (By End-user)

    • UAE (By End-user)

    • Oman (By End-user)

    • South Africa (By End-user)

    • Rest of the Middle East & Africa (By End-user)








Frequently Asked Questions

The Fortune Business Insights study shows that the global market was USD 2.25 billion in 2023.

The size of North American market for blood glucose test strip packaging stood at USD 0.80 billion in 2023.

Based on material, the plastic segment dominates the global market share due to the barrier properties offered by plastic.

The global market size is expected to reach USD 3.91 billion by 2032.

The key market drivers are the increasing cases of diabetes across the world and the incorporation of desiccants into packaging.

The top players in the market are Aptar CSP Technologies, Sanner, Shijiazhuang Xinfuda Medical Packaging Co., Ltd., and HMD, among others.

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