The Global Active B12 Test Market is expected to grow at a CAGR of 7.2% during the forecast period and is estimated to reach USD 220 million by 2023.
Axis-Shield Diagnostics Ltd. (U.S.), Abbott (U.S.), Siemens Healthcare Private Limited (U.S.), DiaSorin S.p.A. (Italy), LifeSpan BioSciences, Inc. (U.S.), Demeditec Diagnostics GmbH (Germany) are some of the leading players at the cutting edge of the competition in the market of Active B12 Test, globally.
The Global Active B12 Test Market is segmented on the basis of diagnosis which includes ELISA assay, enzyme immunoassay, and others. On the basis of indication, the market is segmented into folate deficiency anemia, pernicious anemia, macrocytic anemia, and others. On the basis of end users, the market is segmented into hospitals, medical laboratories, clinical research organization, and other users.
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Vitamin B12, also called cobalamin, is a water-soluble vitamin that plays a key role in the functioning of the brain and nervous system and the formation of red blood cells. It affects DNA synthesis, amino acid metabolism and fatty acid. B12 is the largest and structurally complicated vitamin and can be produced industrially through bacterial fermentation synthesis. Vitamin B12 deficiency can cause severe damage to the brain and nervous system. Symptoms of vitamin B12 include fatigue, lethargy, depression, poor memory, breathlessness, headaches, and pale skin.
Increasing prevalence of vitamin B12 deficiency disease such as pernicious anemia across the globe is the major contributor to the growth of this market. High cost of diagnostic devices for deficiency disease is a restrain for the growth of this market.
- Medical device manufacturers
- Medical device suppliers
- Medical research laboratories
- Research and Development (R&D) Companies
- Market Research and Consulting Service Providers
- Potential Investors
The report on the Global Active B12 Test Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain deeper insight to the market and industry performance. The report gives a clear picture of the current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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1 Report Prologue
2 Market Introduction
2.2 Scope of the Study
2.2.1 Research Objective
3 Research Methodology
3.2 Primary Research
3.3 Secondary research
3.4 Market Size Estimation
4 Market Dynamics
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
5 Market Factor Analysis
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