logo
logo
Sign in

Vitamin D Testing Market Competitive Analysis Report 2021-2028 | Growth Market Reports

avatar
Sheryl Dias
Vitamin D Testing Market Competitive Analysis Report 2021-2028 | Growth Market Reports

The global vitamin D testing market size is projected to register a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the rise in the global geriatric population with increase in chronic illnesses such as kidney disease, type 2 diabetes, celiac disease, and Crohn's disease.

 

Request Free Sample Report Here

 

The vitamin D testing involves a screening process to measure how much amount of vitamin D is present in a body. Various illnesses or diseases can be occurred in the body due to vitamin D deficiency such as lupus, rheumatoid arthritis, type 1 diabetes, and inflammatory bowel disease. Some of the main group of individuals who are likely to develop the mentioned diseases or at high risk of vitamin D deficiency include teenagers, pregnant & breast feeding women, children under 5 years of age, and infants. Additionally, those group of people who are above 65 years and are getting no or low sun exposure are more likely to develop one or other diseases due to lack of vitamin D.

 

Market Trends, Drivers, Restraints, and Opportunities

  • Rising demand for vitamin D testing due to high occurrence of vitamin D deficiency across the globe is expected to drive the market growth.
  • Research and development activities, commercialization of new testing kits, and various government initiatives for public awareness are expected to boost the market growth.
  • Development of new advanced screening technology and wide adoption of CLIA technology in testing methods are expected to increase the demand for the testing in the coming years.
  • 1, 25 Dihydroxy Vitamin D test is provided by a few companies only and the lack of commercialization and availability of the test in developing regions is expected to hamper the market during the forecast period.

 

Market Segment Insights

 

25–Hydroxy Vitamin D tests segment is expected to grow at a rapid pace

Based on types of test, the global vitamin D testing market is segregated into 25–Hydroxy Vitamin D tests and 1, 25-Dihydroxy Vitamin D tests. The 25 –Hydroxy Vitamin D tests segment is expected to grow at a rapid pace during the forecast period as it is most commonly used testing process due to its wide successful commercialization of the testing. Additionally, the testing type offers higher life compared to other and are mostly recommended by the physicians. However, the 1, 25-Dihydroxy Vitamin D tests segment is anticipated to accounts for a key share of the market in the coming years due to recent development of CLIA technology.

 

North America is anticipated to constitute a key market share

In terms of regions, the global vitamin D testing market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is anticipated to constitute a key market share during the forecast period owing to the presence of key players and high awareness about regular health checkups in the region. On the other hand, the market of Asia Pacific is anticipated to grow at a rapid pace during the forecast period due to increase healthcare policies from major economies such as India and rise in expenditure on the healthcare sector.

 

Competitive Landscape

Key players competing in the global vitamin D testing market are Abbott Laboratories; Danaher Corporation; F. Hoffmann-La Roche Ltd.; Siemens Corporation, Quest Diagnostics, Inc.; bioMérieux SA; and DiaSorin.

 

About Growth Market Reports:

GROWTH MARKET REPORTS provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Industry Intelligence Solutions”. GROWTH MARKET REPORTS has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. Our key analysis segments, though not restricted to the same, include market entry strategies, market size estimations, market trend analysis, market opportunity analysis, market threat analysis, market growth/fall forecasting, primary interviews, secondary research & consumer surveys.

 

Contact:

Growth Market Reports

Phone: +1 909 414 1393

Email: [email protected]

Web: https://growthmarketreports.com

Follow Us: LinkedIn | Twitter

 


collect
0
avatar
Sheryl Dias
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more