Teststripz Quick Tips: Facts That Influence the Diabetes Supply Market
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Teststripz Quick Tips: Facts That Influence the Diabetes Supply Market

Quick Tip #1

Oligopoly: ol·i·gop·o·ly [ol-i-gop-uh-lee]

noun

Wikipedia: An oligopoly is a market form which a market or industry is dominated by a small number of sellers.

Fact: You may have heard of “The Big Four” in the Blood-Glucose Self-Monitoring (BGSM) market.  If not, you will.  Since the 90’s these 4 giants have managed (with the FDAs assistance) to control over 90% of the BGSM market share.  Currently, the industry is valued at $8.8 billion globally.   That, ladies and gentlemen, is the definition of an Oligopoly.

Collusion in Test Strip Market

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