Product Code: ETC8849101 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The rising prevalence of diabetes in the Philippines is driving the demand for point-of-care glucose testing devices. These portable glucometers enable individuals to monitor blood sugar levels conveniently, leading to better diabetes management. The market is witnessing innovation in terms of continuous glucose monitoring (CGM) systems and Bluetooth-enabled devices that provide real-time data synchronization with mobile applications. Government initiatives to improve diabetes awareness and accessibility to testing kits are further contributing to market expansion.
The rising prevalence of diabetes in the Philippines has significantly boosted the demand for point of care glucose testing. With an increasing number of people requiring regular blood sugar monitoring, the adoption of portable glucose meters has grown. Additionally, the expansion of healthcare services in rural areas, along with technological advancements in glucose testing devices, has contributed to market growth.
The point-of-care glucose testing market faces affordability issues, particularly among low-income patients who struggle to purchase glucose monitoring devices regularly. Additionally, many healthcare facilities in rural areas lack access to advanced POC glucose testing solutions, leading to reliance on traditional laboratory-based testing. Limited patient awareness and adherence to regular glucose monitoring further slow market growth.
The increasing prevalence of diabetes in the Philippines is driving demand for point-of-care glucose testing solutions. Investments in non-invasive, smartphone-compatible, and AI-integrated glucose monitors can cater to the growing need for self-monitoring and quick diagnostics. Companies offering affordable and accurate solutions can capitalize on this expanding healthcare segment.
The DOH and FDA regulate point-of-care glucose testing devices to ensure their accuracy and reliability in monitoring diabetes. The government mandates compliance with international standards set by the International Organization for Standardization (ISO) for medical diagnostic devices. To support affordable access to glucose testing, the Philippine Health Insurance Corporation (PhilHealth) includes diabetes screening and monitoring under its benefit packages. Additionally, government healthcare programs provide subsidies for medical supplies in public hospitals and health centers, increasing accessibility for low-income patients.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Point of Care Glucose Testing Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Point of Care Glucose Testing Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Point of Care Glucose Testing Market - Industry Life Cycle |
3.4 Philippines Point of Care Glucose Testing Market - Porter's Five Forces |
3.5 Philippines Point of Care Glucose Testing Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Philippines Point of Care Glucose Testing Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Philippines Point of Care Glucose Testing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Point of Care Glucose Testing Market Trends |
6 Philippines Point of Care Glucose Testing Market, By Types |
6.1 Philippines Point of Care Glucose Testing Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Point of Care Glucose Testing Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Philippines Point of Care Glucose Testing Market Revenues & Volume, By Freestyle Lite, 2021- 2031F |
6.1.4 Philippines Point of Care Glucose Testing Market Revenues & Volume, By Accu-Chek Inform II, 2021- 2031F |
6.1.5 Philippines Point of Care Glucose Testing Market Revenues & Volume, By StatStrip, 2021- 2031F |
6.1.6 Philippines Point of Care Glucose Testing Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Philippines Point of Care Glucose Testing Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Philippines Point of Care Glucose Testing Market Revenues & Volume, By Professional Diagnostic Centres, 2021- 2031F |
6.2.3 Philippines Point of Care Glucose Testing Market Revenues & Volume, By Hospital and Clinics, 2021- 2031F |
6.2.4 Philippines Point of Care Glucose Testing Market Revenues & Volume, By Home care settings, 2021- 2031F |
6.2.5 Philippines Point of Care Glucose Testing Market Revenues & Volume, By Research Lab, 2021- 2031F |
7 Philippines Point of Care Glucose Testing Market Import-Export Trade Statistics |
7.1 Philippines Point of Care Glucose Testing Market Export to Major Countries |
7.2 Philippines Point of Care Glucose Testing Market Imports from Major Countries |
8 Philippines Point of Care Glucose Testing Market Key Performance Indicators |
9 Philippines Point of Care Glucose Testing Market - Opportunity Assessment |
9.1 Philippines Point of Care Glucose Testing Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Philippines Point of Care Glucose Testing Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Philippines Point of Care Glucose Testing Market - Competitive Landscape |
10.1 Philippines Point of Care Glucose Testing Market Revenue Share, By Companies, 2024 |
10.2 Philippines Point of Care Glucose Testing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |