The global vitamin D testing market attained a value of around USD 630 million in 2019. The vitamin D testing market is further expected to grow in the forecast period of 2020-2025 at a CAGR of more than 4% to reach USD 797.5 million by 2025. The vitamin D testing market is primarily being driven by the rising health awareness among consumers.
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Properties and Applications
Vitamin D deficiency has now become a common problem affecting many people worldwide, especially older adults. As vitamin D plays a key role in bone development as well as calcification, many people are looking for simple and healthier ways to test their vitamin D levels. The probability of broken bones is increased by the deficiency of vitamin D. It can also lead to other issues with hygiene. Therefore, healthcare providers also prescribe vitamin D testing.
Based on type, the vitamin D testing market can be divided into:
The EMR report looks into the regional vitamin D testing markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
The rise in the geriatric population globally and the rise in chronic diseases like diabetes type 2, kidney disease, Crohn's disease, and celiac disease are expected to fuel the market growth. Pregnant and breastfeeding women, adolescents, and children are among the high-risk groups of people with vitamin D deficiency. It also covers people over 65 years of age, people with low or no sun access, and people with darker skin. In addition, current R&D activities, new testing approval and promotion, regional expansion, and various government programs are likely to increase the market growth during the forecast period.
The 25- hydroxy vitamin D test segment represents the largest market share and will see robust growth in the coming years as well. This may be attributed to the availability of several goods, recent marketing, and the ability to effectively detect bone malfunctions.
The report presents a detailed analysis of the following key players in the global vitamin D testing market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Questions Answered in the Report:
1.1 Objectives of the Study
1.1.1 Research Objective
1.1.2 Key Findings of the Report
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.5 Market Models
3.1 Market Outlook
3.2 Market Scope and Segmentation
3.3 Additional Insights
4 Executive Summary
4.1 Key Market Developments
4.2 Market Analysis
4.3 Key Players
4.4 Cost Structure
4.5 Market Revenue and Growth
5 Market Dynamics
5.1 Market Driver Analysis
5.2 Market Restraint Analysis
5.3 Industry Challenges
5.4 Industry Opportunities
6 Global Vitamin D Testing Market Analysis
6.1 Figure: Global Vitamin D Testing Historical Market (2015-2019) & Forecast (2020-2025)
6.2 Chart: Global Vitamin D Testing Market Breakup by Type
6.2.1 25- Hydroxy Vitamin D Test
6.2.2 1,25- Dihydroxy Vitamin D Test
6.3 Figure: Global Vitamin D Testing Market Breakup by Type: Historical Market (2015-2019) & Forecast (2020-2025)
6.3.1 25- Hydroxy Vitamin D Test
6.3.2 1,25- Dihydroxy Vitamin D Test
6.4 Chart: Global Vitamin D Testing Market Breakup by Region
6.4.1 North America
188.8.131.52 United States of America
184.108.40.206 United Kingdom
6.4.3 Asia Pacific
6.4.4 Latin America
6.4.5 Middle East & Africa
220.127.116.11 Saudi Arabia
18.104.22.168 United Arab Emirates
22.214.171.124 South Africa
6.5 Figure: Global Vitamin D Testing Breakup by Region: Historical Market (2015-2019) & Forecast (2020-2025)
6.5.1 North America
126.96.36.199 United States of America
188.8.131.52 United Kingdom
6.5.3 Asia Pacific
6.5.4 Latin America
6.5.5 Middle East & Africa
184.108.40.206 Saudi Arabia
220.127.116.11 United Arab Emirates
18.104.22.168 South Africa
7 SWOT Analysis
8 Porter’s Five Forces Analysis
8.2 Buyer’s Power
8.3 Supplier’s Power
8.4 New Entrants
8.5 Degree of Rivalry
9 EMR’s Key Indicators for Demand
10 EMR’s Key Indicators for Price
11 Competitive Landscape & Supplier Analysis
11.1 F. Hoffmann-La Roche Ltd. (SWX: ROG)
11.1.1 Company Overview
11.1.2 Financial Analysis
11.2 Abbott Laboratories (NYSE: ABT)
11.2.1 Company Overview
11.2.2 Financial Analysis
11.3 Siemens Corporation (ETR: SIE)
11.3.1 Company Overview
11.3.2 Financial Analysis
11.4 Danaher Corporation (NYSE: DHR)
11.4.1 Company Overview
11.4.2 Financial Analysis
11.5 Quest Diagnostics, Inc. (NYSE: DGX)
11.5.1 Company Overview
11.5.2 Financial Analysis
11.6 BioMérieux SA (EPA: BIM)
11.6.1 Company Overview
11.6.2 Financial Analysis
11.7 DiaSorin S.p.A.
11.7.1 Company Overview
11.7.2 Financial Analysis
12 Events and Developments
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