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Report Overview
2023
Base Year
2017-2023
Historical Year
2024-2032
Forecast Year
Global Vitamin D Testing Market Outlook
The global vitamin D testing market attained a value of around USD 708.67 million in 2023. The vitamin D testing market is further expected to grow in the forecast period of 2024-2032 at a CAGR of more than 4.0% to reach USD 1009.10 million by 2032. The vitamin D testing market is primarily being driven by the rising health awareness among consumers.
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Market Segmentation
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.
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Based on type, the vitamin D testing market can be divided into:
- 25- Hydroxy Vitamin D Test
- 1,25- Dihydroxy Vitamin D Test
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.
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Market Analysis
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.
Competitive Landscape
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:
- F. Hoffmann-La Roche Ltd.
- Abbott Laboratories
- Siemens Corporation
- Danaher Corporation
- Quest Diagnostics, Inc.
- DiaSorin S.P.A.
- bioMérieux SA
- Others
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 Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global vitamin D testing market attained a value of nearly USD 708.67 million.
The market is projected to grow at a CAGR of 4% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 1009.10 million by 2032.
The major drivers of the industry, such as the rising health awareness among consumers, rise in the geriatric population, rise in chronic diseases, and the growing introduction of various government programs, are expected to aid the market growth.
The key market trend guiding the growth of the industry include the rising R&D activities and new testing approval and promotion.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading types of vitamin D testing in the industry are 25- hydroxy vitamin D test and 1,25- dihydroxy vitamin D test.
The major players in the industry are F. Hoffmann-La Roche Ltd., Abbott Laboratories, Siemens Corporation, Danaher Corporation, Quest Diagnostics, Inc., DiaSorin S.P.A., and bioMérieux SA, among others.
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