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Global Vitamin D Testing Market – Industry Trends and Forecast to 2029

Healthcare

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Global Vitamin D Testing Market – Industry Trends and Forecast to 2029

  • Healthcare
  • Upcoming Report
  • Oct 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Vitamin D Testing Market – Industry Trends and Forecast to 2029

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2021–2029
Diagram Market Size (Base Year) USD 0.77 USD Billion
Diagram Market Size (Forecast Year) USD 1.17 USD Billion
Diagram CAGR %

Major Markets Players

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Global Vitamin D Testing Market, By Product (25 -Hydroxy Vitamin D Testing, 1,25-Dihydroxy Vitamin D Testing, 24,25-Dihydroxy Vitamin D Testing), Application (Clinical Testing, Research Testing), Technique (Radioimmunoassay, ELISA, HPLC, LC-MS, Others), Patient (Adult, Paediatric), Indication (Osteoporosis, Rickets, Thyroid Disorders, Malabsorption, Vitamin D Deficiency, Others), End User (Hospitals, Diagnostic Laboratories, Home Care, Point-of-Care, Others) – Industry Trends and Forecast to 2029.

Vitamin D Testing Market

Vitamin D Testing Market Analysis and Size

Vitamin D is an essential nutrient for strong bones and teeth. A vitamin D test detects abnormal levels of vitamin D in the blood, which can indicate bone disorders, nutrition issues, organ damage, or other medical conditions. Vitamin D primary function is to help regulate calcium, phosphorus, and magnesium levels in the blood. It has been shown to influence the growth and differentiation of many other tissues, as well as to aid in immune system regulation.

Data Bridge Market Research analyses that the vitamin D testing market which was USD 0.77 billion in 2021, and is expected to reach USD 1.17 billion by 2029, at a CAGR of 5.4% during the forecast period 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Vitamin D Testing Market Scope and Segmentation      

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Product (25 -Hydroxy Vitamin D Testing, 1,25-Dihydroxy Vitamin D Testing, 24,25-Dihydroxy Vitamin D Testing), Application (Clinical Testing, Research Testing), Technique (Radioimmunoassay, ELISA, HPLC, LC-MS, Others), Patient (Adult, Paediatric), Indication (Osteoporosis, Rickets, Thyroid Disorders, Malabsorption, Vitamin D Deficiency, Others), End User (Hospitals, Diagnostic Laboratories, Home Care, Point-of-Care, Others)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Market Players Covered

F. Hoffmann-La Roche Ltd (Switzerland), Abbott (U.S.), Siemens (Germany), Quest Diagnostics Incorporated. (U.S.), bioMérieux (France), DiaSorin S.p.A. (Italy), Tosoh Bioscience, Inc. (U.S.), QUALIGEN THERAPEUTICS, INC. (U.S.), Diazyme Laboratories, Inc. (Germany), Thermo Fisher Scientific Inc. (U.S.), Immunodiagnostic Systems (U.K.), RECIPE Chemicals + Instruments GmbH (Germany), Beckman Coulter, Inc. (U.S.), The Vitamin D Company (Canada), Danaher (U.S.)

Market Opportunities

  • Increasing incidence of Vitamin D deficiency
  • Growing trend toward preventive healthcare

Market Definition

Vitamin D is a steroid pro-hormone that is fat-soluble. The body uses vitamin D to improve and maintain normal bone health by increasing calcium, magnesium, and phosphate absorption. Around 1 billion people worldwide are vitamin D deficient, while 50% of the population is diet D deficient. Diet D deficiency causes widespread weakness, fatigue, muscle aches, muscle twitching, osteoporosis, osteomalacia, and depression. Irritability, lethargy, developmental delay, bone changes, or fractures are all important symptoms of vitamin D deficiency in children. The deficiency affects people of all ages, including infants, children, the elderly, pregnant women and others.

Global Vitamin D Testing Market Dynamics

Drivers

  • Increasing incidence of Vitamin D deficiency

Vitamin D deficiency affects a large population and is frequently underestimated. This is primarily due to the fact that the symptoms are not very specific and can vary from person to person. The lack of understanding about the importance of vitamin D and its role in overall health, a large population is affected by this deficiency. Vitamin D testing is becoming increasingly popular for diagnosing and treating this condition. These are the certain factors which will propel the growth of the market.

  • Growing popularity of preventive healthcare

There is a growing trend toward preventive healthcare, which has increased demand for diagnostic tests such as vitamin D testing. People are becoming more aware of the importance of early diagnosis and treatment for a variety of health conditions, which has resulted in an increase in demand for these tests.

Opportunities

  • Rising deficiencies

Another important factor driving the growth of the global vitamin D testing market is a growing of deficiencies and how to treat them. Even though it is not a fatal illness, it can lead to other serious problems. As a result, major health organisations and healthcare authorities have begun campaigns and events to encourage vitamin D testing. As a result, the market is expected to grow in the near future.

Restraints/Challenges

  • High Demand for 25-Hydroxy Vitamin D Test

The 25-hydroxy vitamin D segment dominated the market and held a significant market share in 2021. During the forecast period, the segment is expected to grow at a rapid pace. This segment is expected to maintain its dominance in terms of revenue and market share during the forecast period.

The segment's growth can be attributed to an increase in the number of tests performed globally, as well as the ease of identifying and estimating 25-hydroxy D vitamin levels in plasma serum due to its longer half-life, despite being present in smaller volumes. Furthermore, the segment is propelled by its ability to detect a variety of bone disorders caused by a lack of recommended vitamin D levels.

This vitamin D testing market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the vitamin D testing market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 impact on the Vitamin D testing market

COVID-19 had a favourable effect on the market. The Covid-19 pandemic made everyone in the population more cautious. The market for vitamin D testing has increased as a result of everyone starting to perform full body and blood check-ups. Along with lockdown and other issues caused by the COVID-19 Pandemic, people were careful about their health, which played a significant role in the pandemic's favourable market growth.

Recent developments

  • In November 2020, OmegaQuant will launch a Vitamin D Test with a sample collection kit, allowing normal levels to be tested at home. The safe, simple and convenient test requires just a finger stick and a couple drops of blood for analysis in the range of omega-3 blood tests. Vitamin D has played a major role in bone health for decades
  • In March 2020, Thermo Fisher Scientific announced the availability of the Cascadion SM clinical analyzer for the Cascadion SM 25-Hydroxy Vitamin D assay in the United States, with the goal of expanding its brand presence

Global Vitamin D Testing Market Scope

The vitamin D testing market is segmented on the basis of product, application technique, patient, indication, and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

  • 25 -Hydroxy Vitamin D Testing
  • 1,25-Dihydroxy Vitamin D Testing
  • 24,25-Dihydroxy Vitamin D Testing

Application

  • Clinical Testing
  • Research Testing

 Technique

  • Radioimmunoassay
  • ELISA
  • HPLC
  • LC-MS
  • Others

 Patient

  • Adult
  • Paediatric

 Indication

  • Osteoporosis
  • Rickets Thyroid Disorders
  • Malabsorption
  • Vitamin D Deficiency
  • Others

End User

  • Hospitals
  • Diagnostic Laboratories
  • Home Care
  • Point-of-Care
  • Others

Vitamin D Testing Market Regional Analysis/Insights

The vitamin D testing market is analysed and market size insights and trends are provided by country, product, application technique, patient, indication, and end user as referenced above.

The countries covered in the vitamin D testing market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the vitamin D testing market due to the introduction of new product and rising demand of technological advancement which makes the testing process easier and provide the result faster.

Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2022 to 2029 due to increase in the awareness by government and private agencies.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Healthcare Infrastructure Growth Installed base and New Technology Penetration

Competitive Landscape and Vitamin D Testing Market Share Analysis

The vitamin D testing market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to vitamin D testing market.

Some of the major players operating in the vitamin D testing market are:

  • F. Hoffmann-La Roche Ltd (Switzerland)
  • Abbott (U.S.)
  • Siemens (Germany)
  • Quest Diagnostics Incorporated. (U.S.)
  • bioMérieux (France)
  • DiaSorin S.p.A. (Italy)
  • Tosoh Bioscience, Inc. (U.S.)
  • QUALIGEN THERAPEUTICS, INC. (U.S.)
  • Diazyme Laboratories, Inc. (Germany)
  • Thermo Fisher Scientific Inc. (U.S.)
  • Immunodiagnostic Systems (U.K.)
  • RECIPE Chemicals + Instruments GmbH (Germany)
  • Beckman Coulter, Inc. (U.S.)
  • The Vitamin D Company (Canada)
  • Danaher (U.S.)


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The Vitamin D Testing Market is projected to grow at a CAGR of 5.4% during the forecast period by 2029.
The future market value of the Vitamin D Testing Market is expected to reach USD 1.17 billion by 2029.
The major players in the Vitamin D Testing Market are F. Hoffmann-La Roche Ltd (Switzerland), Abbott (U.S.), Siemens (Germany), Quest Diagnostics Incorporated. (U.S.), bioMérieux (France), DiaSorin S.p.A. (Italy), Tosoh Bioscience, Inc. (U.S.), QUALIGEN THERAPEUTICS, INC. (U.S.), Diazyme Laboratories, Inc. (Germany), Thermo Fisher Scientific Inc. (U.S.), Immunodiagnostic Systems (U.K.), etc.
The country covered in the Vitamin D Testing Market are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, etc.
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