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Vitamin D Testing Market | Worldwide Research, Prominent Players, Emerging Trends, Investment Opportunities

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Nidz B
Vitamin D Testing Market | Worldwide Research, Prominent Players, Emerging Trends, Investment Opportunities

Growing awareness regarding the testing in both developed and developing nations is predicted to foster growth of the market, says Fortune Business Insights in a report, titled “Vitamin D Testing Market Size, Share and Industry Analysis By Product (25 -Hydroxy Vitamin D Testing, 1,25-Dihydroxy Vitamin D Testing, 24,25-Dihydroxy Vitamin D Testing), By Application (Clinical Testing, Research Testing), By End User (Diagnostic Laboratories, Hospitals & Clinics, Others), and Regional Forecast 2019-2026.” The global vitamin D testing market size was valued at USD 605.9 Million in 2018 and is expected to reach USD 841.8 Million by 2026, exhibiting a CAGR of 4.2% between

2019 and 2026.


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https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/vitamin-d-testing-market-100968


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.

The 1,25-Dihydroxy vitamin D segment is expected to grow at a faster pace owing to its increasing use for the diagnosis of renal dysfunction along with the parathyroid hormone. The use of this test is increasing for the diagnosis of different disorders which are specifically dependent on the level of 1,25 dihydroxy vitamin D. This factor is expected to fuel demand for the segment during the forecast period.

The report analyses the market opportunities to assist the stockholders as well as the financiers. Furthermore, it provides facts and figures about, growth drivers, key market developments, current trends, and market restraints. It also tactically inspects the market on the bases of influences, future expansions, and specific growth trends.


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


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Growing Awareness Of Vitamin D Deficiency Will Faster 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.


The Prominent Companies Present In The Vitamin D Testing Market Are:

  • Hoffmann-La Roche Ltd
  • DiaSorin S.p.A.
  • Abbott
  • bioMérieux SA
  • Siemens Healthcare GmbH
  • Beckman Coulter, Inc.
  • RECIPE Chemicals + Instruments GmbH
  • Quidel Corporation
  • Thermo Fisher Scientific
  • Immunodiagnostic Systems 

Recent Product Launches By Leading Market Players Are Enlisted Below In Pointers

  • July 2017: Thermo Fisher Scientific introduced the Thermo Scientific Cascadion SM Clinical Analyzer is the first all-in-one clinical analyzer with LC-MS/MS technology
  • May 2017: SCIEX Announced the first and only FDA-cleared LC-MS based Vitamin D Assay Kit for Mass Spectrometry for the TopazTM System


Have Any Query? Ask Our Experts:

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About Us:

Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

 Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

 At Fortune Business Insights, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.


Contact Us:

Fortune Business Insights™ Pvt. Ltd.

308, Supreme Headquarters,

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Pune-Bangalore Highway,

Pune - 411045, Maharashtra, India.

Phone:

US :+1 424 253 0390

UK : +44 2071 939123

APAC : +91 744 740 1245

Email:[email protected]

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