Vitamin D Testing Market
Growth Factors of Vitamin D Testing Market
The global vitamin D testing market size was valued at USD 652.2 million in 2023 and is projected to grow from USD 682.2 million in 2024 to USD 1021.3 million by 2032, exhibiting a CAGR of 5.2% during the forecast period of 2024-2032.
The COVID-19 pandemic brought on a temporary decline in diet D testing due to healthcare device disruptions. However, developing cognizance of diet D's function in immunity has pushed renewed hobby, boosting market restoration, impeding the vitamin D testing market growth.
The Vitamin D Testing Market is driven by the rising incidence of diet D deficiency, extended cognizance of its health advantages, improved checking-out technologies, and the developing aged population. The call for home testing kits and the hyperlink between nutrition D ranges and chronic diseases contribute to the marketplace boom.
Home trying kits for vitamin D have become increasingly popular, empowering people to take control of their health and display their diet D degrees. These kits provide a handy and inexpensive choice for clients to get admission to vitamin D trying out without the need for a physician's appointment or laboratory visit, expanding the vitamin D testing market share globally. This direct-to-client (DTC) version gives more accessibility and versatility, allowing individuals to tune their vitamin D status without problems and make knowledgeable decisions about their fitness.
Comprehensive Analysis of Vitamin D Testing Market
The Vitamin D Testing Market is segmented by product, application, and consumer. The 25-hydroxy vitamin D check leads the marketplace, identified because the gold general for assessing nutrition D tiers, while the 1.25-dihydroxy nutrition D checking out section is expected to develop the fastest due to its use in diagnosing sarcoidosis and renal disorder. In applications, scientific testing dominates, pushed via accelerated recognition and advanced testing kits, with studies checking out additionally seeing a large boom from investments in innovative kits. Standalone clinical laboratories are desired for stop-users' superior abilities, with hospitals and clinics predicted to develop because of improved infrastructure and study activities.
The Europe region led the vitamin D testing market by benefitting a size of USD 231.8 million in 2023 due to its full-size contribution, this vicinity held the most significant share within the global vitamin D testing market.
The leading players in the vitamin D testing market play a crucial role in shaping its growth and establishing industry standards. Key companies such as F. Hoffmann-La Roche Ltd. (Switzerland), DiaSorin S.p.A. (Italy), Abbott (U.S.), bioMérieux SA (France), Siemens Healthcare GmbH (Germany), Beckman Coulter, Inc. (U.S.), Quidel Corporation (U.S.), Thermo Fisher Scientific Inc. (U.S.), and RECIPE Chemicals + Instruments GmbH (Germany) contribute to a competitive landscape that drives innovation and advancements in the market.
In May 2020, Abbott announced that ID NOW will be had in the U.S., offering a speedy point-of-care test that grants effects in minutes rather than the usual days or weeks.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 5.2% from 2024-2032
Unit Value (USD million)
Segmentation
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
- Standalone Clinical Laboratories
- Hospitals & Clinics
- Others
By Geography
- North America (By Product, By Application, By End-User, and By Country)
- U.S.
- Canada
- Europe (By Product, By Application, By End-User, and By Country/Sub-region)
- U.K.
- Germany
- France
- Italy
- Spain
- Scandinavia
- Rest of Europe
- Asia Pacific (By Product, By Application, By End-User, and By Country/Sub-region)
- Japan
- China
- India
- Australia
- Southeast Asia
- Rest of Asia Pacific
- Latin America (By Product, By Application, By End-User, and By Country/Sub-region)
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa (By Product, By Application, By End-User, and By Country/Sub-region)
- South Africa
- GCC Countries
- Rest of Middle East & Africa
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