The vitamin D testing market size stood at USD 600.2 million in 2021. The market is anticipated to rise from USD 625.0 million in 2022 to USD 871.7 million by 2029 at 4.9% CAGR during the forecast period. Fortune Business Insights™ has deep-dived these inputs in its latest research report, titled, “Vitamin D Testing Market, 2022-2029.”
According to the report, 25 -Hydroxy vitamin D is the most pivotal nutritional assessment due to its longer half-life of 3 weeks. The 25 -Hydroxy vitamin D segment accounted for 85.2% in 2018 and is expected to witness considerable growth during the forecast period owing to the new product launches by key players. The 25 -Hydroxy vitamin D is used for the measurement of concentrated 25OH Vitamin D in serum in case of vitamin D deficiency and the response of vitamin D supplements.
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New Product Launches Will Accelerate Growth
The launch of technologically advanced products with the focus and emphasis on increased convenience and comfort of the patients is expected to boost the market growth. These conveniences include sample collection in homecare settings and the ability to generate the past history report of the patient in order to compare the past test results with the current results, to better guide the treatment course. For instance, EverlyWell, Inc., is a company specializing in providing diagnostic health services at homes in the U.S. and one of their most popular diagnostic testing kits is the vitamin D testing kit. Vitamin D testing market trend includes the increasing need for testing that provides accuracy and speed. Vitamin D deficiency are critical for the diagnosis, treatment, and prevention of a number of other medical conditions. In addition, the FDA approval for EZ Vitamin D assay will propel the growth of the market. For instance, the FDA has granted 510(K) clearance to Diazyme Laboratories, Inc. to market its EZ Vitamin D assay for Clinical Chemistry Analyzers
Growing Awareness Of Vitamin D Deficiency Will Foster Growth In Asia Pacific
The market in North America was valued at US$ 206.4 Mn in 2018 and is expected to remain dominant during the forecast period. Growth witnessed in the region is likely to be driven by the increasing demand for technologically advanced testing products and a high prevalence of vitamin D deficiency in this region. Furthermore, the increasing adoption of vitamin D testing products such as 1,25-Dihydroxy vitamin D testing along with the existing segments of 25 -Hydroxy vitamin D testing and 24,25-Dihydroxy vitamin D amongst others. Asia Pacific is expected to witness high growth during the forecast period owing to the increasing awareness of vitamin D deficiency in emerging nations such as India and China.
As per Fortune Business Insights™, some of the significant players in the market for Vitamin D Testing Market include:
- Hoffmann-La Roche Ltd. (Switzerland)
- DiaSorin S.p.A. (Italy)
- Abbott (U.S)
- bioMérieux SA (France)
- Siemens Healthcare GmbH (Germany)
- Beckman Coulter, Inc. (U.S)
- Quidel Corporation (U.S)
- Thermo Fisher Scientific Inc. (U.S)
- RECIPE Chemicals + Instruments GmbH (Germany)
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Table of Contents:
- Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Key Insights
- Prevalence of Vitamin D Deficiency – for Key Countries, 2021
- Vitamin D Testing Volumes – For Key Countries/Regions, 2021 and 2029
- Distribution of the Global Vitamin D Testing Market (in Revenues) by Technology, 2021 and 2029
- Technological Evolution in Vitamin D Testing
- Key Industry Developments – Mergers, Acquisitions, and Partnerships
- Key Growth Indicators of Vitamin D Testing Market
- Impact of COVID-19 on the Market
- Global Vitamin D Testing Market Analysis, Insights and Forecast, 2018-2029
- Key Findings / Summary
- Market Analysis, Insights and Forecast – By Product
- 25-Hydroxy Vitamin D Testing
- 1,25-Dihydroxy Vitamin D Testing
- 24,25-Dihydroxyvitamin D Testing
- Market Analysis, Insights and Forecast – By Application
- Clinical Testing
- Research Testing
- Market Analysis, Insights and Forecast – By End Users
- Diagnostic Laboratories
- Hospitals & Clinics
- Others
- Market Analysis, Insights and Forecast – By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- North America Vitamin D Testing Market Analysis, Insights and Forecast, 2018-2029
- Key Findings / Summary
- Market Analysis, Insights and Forecast – By Product
- 25-Hydroxy Vitamin D Testing
- 1,25-Dihydroxy Vitamin D Testing
- 24,25-Dihydroxyvitamin D Testing
- Market Analysis, Insights and Forecast – By Application
- Clinical Testing
- Research Testing
- Market Analysis, Insights and Forecast – By End Users
- Diagnostic Laboratories
- Hospitals & Clinics
- Others
- Market Analysis, Insights and Forecast – By Country
- U.S.
- Canada
- Europe Vitamin D Testing Market Analysis, Insights and Forecast, 2018-2029
- Key Findings / Summary
- Market Analysis, Insights and Forecast – By Product
- 25-Hydroxy Vitamin D Testing
- 1,25-Dihydroxy Vitamin D Testing
- 24,25-Dihydroxyvitamin D Testing
- Market Analysis, Insights and Forecast – By Application
- Clinical Testing
- Research Testing
- Market Analysis, Insights and Forecast – By End Users
- Diagnostic Laboratories
- Hospitals & Clinics
- Others
- Market Analysis, Insights and Forecast – By Country/ Sub-region
- U.K.
- Germany
- France
- Italy
- Spain
- Scandinavia
- Rest of Europe
Toc Continue…
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