The Vitamin D Testing Industry report covers the present scenario and the growth prospects of the Vitamin D Testing Market for 2016-2019. Vitamin D Testing Market report focuses on the major drivers and restraints for the key players. To calculate the market size, the report considers both the direct revenue and the indirect revenue of the vendors.
market research analyst has estimated this market to show steady growth during the forecast period. The prospect for growth in this market is dependent on factors like the high incidence of vitamin D deficiency among the populace in this region, which results in its slow but moderate CAGR of around 4% by 2019.
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The prevention of various acute and chronic diseases is the key driver for the growth of this market. Vitamin D deficiency can lead to various chronic diseases like rickets and osteoporosis, and can also result in cardiovascular diseases, cancer, asthma in infants, cognitive disorders, and autoimmune diseases. The incidence of these diseases can be reduced by frequently testing the vitamin D levels, which in turn would help to reduce the overall healthcare expenditure.
Application-based segmentation and analysis of – 25-Hydroxy vitamin D tests & 1,25-Dihydroxy vitamin D test
In this market research report, analysts estimate the 25-Hydroxy vitamin D tests segment to be the largest market segment during the forecast period. Currently, this market segment accounts for a share of nearly 76% and is envisaged to retain its dominating hold over the market by 2019. The ability of 25-Hydroxy vitamin D tests to identify bone malformations and softness, bone weakness, or fractures in adults is one of the most significant factors that accounts for its high market share during the forecast period.
The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Vendors in Vitamin D Testing Market
- Roche Diagnostics
- Abbott Diagnostics
- Siemens Healthcare Diagnostics
- Quest Diagnostics
Other prominent vendors analyzed in this market research are Diazyme laboratories, Biokit, ESA Biosciences, Quest Diagnostics Inc., The Vitamin D Company, Tosoh Bioscience Inc., Qualigen Inc., Dade Behring, DIAsource ImmunoAssays S.A, Ortho-Clinical Diagnostics, Piramal Healthcare, Beckman Coulter, and Becton Dickinson.
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The Vitamin D Testing Market is divided into the following segments based on geography:
Vitamin D Testing Market Opportunities During 2016-2019:
With a purpose of enlightening new entrants about the possibilities in this market, this report investigates new project feasibility. Various details about the manufacturing process such as market drivers, impact of drivers, market challenges and impact of drivers and challenges, market trends, vendor landscape analysis and so on, is discussed in the report
Growth drivers, challenges, and upcoming drivers – Vitamin D:
Upcoming trends such as the augmented adoption of home vitamin D testing kits are rapidly gaining popularity as they are highly cost efficient. Since this market is facing declining reimbursement, patients have to pay out of their pockets to perform these tests. Therefore, in recent times, it has been observed that many patients prefer carrying out such tests at the convenience of their homes as it reduces the overall expenditure.
In the end, the report makes some important proposals for a new project of Vitamin D Testing Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of Global Vitamin D Testing Market 2016-2019 industry covering all important parameters.
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Key questions answered in this Vitamin D Testing Market 2016-2019 report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Vitamin D sources
Exhibit 03: FDA approved products for vitamin D testing in US
Exhibit 04: Market opportunity for vitamin D testing in chronic kidney diseases
Exhibit 05: Phases of standardization program
Exhibit 06: Total volume of vitamin D tests performed in US 2015-2019 (millions)
Exhibit 07: Segmentation of vitamin D testing market in US
Exhibit 08: Vitamin D testing market in US 2015-2019 by sales revenue ($ millions)
Exhibit 09: Five forces analysis
Exhibit 10: Vitamin D testing market in US based on application
Exhibit 11: Vitamin D testing market by application in 2014
Exhibit 12: Impact of drivers
Exhibit 13: Impact of drivers and challenges
Exhibit 14: Abbott Diagnostics: Key takeaways
Exhibit 15: bioMérieux: Key takeaways
Exhibit 16: DiaSorin: Key takeaways
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