Vitamin D Testing Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players - DiaSorin, Abbott, Roche, Siemens

The global Vitamin D Testing Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 5.9% during the review period (2022 to 2027)

Vitamin D Testing Market Overview

Present market players operating in the global market are concentrating on constant innovation and up-gradation of their product portfolio with new and efficient product offerings for better and accurate testing outcomes for the patients. One of the critical reasons for the global vitamin D testing market growth is the rising volumes of the vitamin D tests, driven by the connection between several serious and chronic diseases and a vitamin deficiency.Increase in awareness regarding the testing in both developing and developed nations, and the emergence of new research demonstrating the importance of vitamin D in an individual’s overall health, is propelling the global vitamin D testing market growth. This, coupled with, increasing investments by major players in research and development for new vitamin D testing technologies are also boosting the market growth globally.Surging volume of patients suffering from chronic disease and vitamin D deficiency, increase per capita income of the people, growing number of geriatric population across the globe, prevalence of improved healthcare infrastructure which will likely to enhance the growth of the vitamin D testing market. On the other hand, rising demand of point of care testing along with increasing trends of homecare testing which will further bring various opportunities for the growth of the vitamin D testing market in the above mentioned forecast period.

Who are the Major Players in Vitamin D Testing Market?

Top Key players in the Vitamin D Testing Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Vitamin D Testing Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report include DiaSorin, Abbott, Roche, Siemens, ThermoFisher, Mindray, Beckman Coulter, Biomeriux, Biorad Laboratories, SNIBE, IDS PLC, DIAsource ImmunoAssays, Maccura, Tosoh Bioscience, Beijing Wantai, YHLO and others.

Industry News

Thermo Fisher Scientific has acquired 65 companies, including 13 in the last 5 years. A total of 22 acquisitions came from private equity firms. It has also divested 8 assets. Thermo Fisher Scientific’s largest acquisition to date was in 2021 when it acquired Pharmaceutical Product Development for $17.4B. It’s largest disclosed sale occurred in 2019, when it sold Thermo Fisher Scientific - Anatomical Pathology Business to PHC Holdings for $1.1B. Thermo Fisher Scientific has acquired in 15 different US states, and 16 countries. The Company’s most targeted sectors include life science (37%) and medical products (18%).

What are the major Applications, Types and Regions for Vitamin D Testing Market?

Vitamin D Testing Market is segmented based on the type, applications, companies and regions.

By Type, Vitamin D Testing Market has been segmented into 

• 25(OH) Test


• 1, 25(OH)Test

The end user’s industry application on Vitamin D Testing Market is, 

• RIA


• ELISA


• CLIA


• POCT


• LC-MS/MS

Vitamin D Testing Market Regional Analysis

North America generated a vitamin D testing market revenue of US$ 206.4 Mn in 2018 and is anticipated to account for a dominant vitamin D testing market share during the forecast period. Growth witnessed in the region is likely to be driven by the increasing demand for technologically advanced testing products due to the high prevalence of vitamin D deficiency in this region.

The report offers in-depth assessment of the growth and other aspects of the Vitamin D Testing Market in important regions, including the 

North America

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  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

Vitamin D Testing Market highlights the potential growth opportunities in upcoming years, while reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape and other key aspects in the global market. The Global Vitamin D Testing Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry. This Research Study compares the markets of Pre COVID-19 and Post COVID-19 with the impact of COVID-19 on the regional economy.

What is our Vitamin D Testing Market report scope?

Key Takeaways from this Vitamin D Testing Report

• Evaluate Vitamin D Testing market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.


• Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.


• Analyze the sales and distribution channels across key geographies to improve top-line revenues.


• Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Vitamin D Testing market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.

FAQ -

What is the study period of this market?

The Vitamin D Testing Market is studied from 2017 - 2027.

 What is the growth rate of Vitamin D Testing Market?

The Vitamin D Testing Market is growing at a CAGR of 5.9% over the next 5 years.

What regions does this Vitamin D Testing Market report covers?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

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