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Vitamin D Testing Market Technology, Demand, Future Growth, Applications, Types, Analysis, Insights and Forecasts 2032

10-10-2024 08:59 AM CET | Health & Medicine

Press release from: Emergen Research

Vitamin D Testing

Vitamin D Testing

The global Vitamin D testing market, valued at USD 0.78 billion in 2022, is projected to grow rapidly with a Compound Annual Growth Rate (CAGR) of 5.6% during the forecast period. This growth is driven by several key factors, including increasing awareness of the importance of vitamins, the launch of home-based testing kits, and a growing prevalence of chronic diseases and Vitamin D deficiency.

Key Drivers of Growth

One major factor fueling the demand for Vitamin D testing is population growth, which leads to a higher need for vitamin supplementation, especially in aging populations. For instance, organizations such as the American Geriatrics Society have recommended that elderly individuals receive higher doses of Vitamin D to reduce the risk of fractures and falls.

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Additionally, research has shown that consistent Vitamin D supplementation may help reduce the risk of melanoma and other forms of cancer. Several studies have linked low Vitamin D levels with a higher risk of certain cancers, although more research is ongoing in this area. Nevertheless, testing for serum calcidiol levels remains a common method for evaluating Vitamin D status.

Technological advancements in testing methods have also played a significant role in the market's growth. New techniques in chromatography, such as Liquid Chromatography-Mass Spectrometry (LC-MS), allow for more sensitive and comprehensive analysis of Vitamin D forms, leading to faster and more accurate results. These developments are making Vitamin D testing more efficient and affordable for consumers.

Challenges in the Market

Despite the strong growth prospects, the high cost of Vitamin D testing remains a barrier for some consumers. Without insurance, tests can range from USD 15 to USD 499, depending on the specific type of test. Even with insurance, the cost can be as high as USD 50 for a single test. Additionally, a lack of awareness about the importance and availability of these tests can limit market growth, especially in regions with low healthcare education.

Market Segmentation Insights

The Vitamin D testing market is segmented into several product types, technologies, and end-use applications. The 25-Hydroxy Vitamin D test is the dominant product segment, accounting for the largest market share in 2022. This test is the most commonly used method for assessing Vitamin D levels due to its longer half-life, making it a reliable indicator of a person's Vitamin D status.

The 1,25-Dihydroxy Vitamin D test, while not as widely used, is expected to see moderate growth. This test is primarily used for patients with specific health conditions like hypercalcemia and hereditary Vitamin D deficiencies.

When it comes to technology, LC-MS is expected to hold the largest share of the market. The accuracy and reliability of this method in testing Vitamin D metabolites make it the preferred choice for laboratories. Companies like Immundiagnostik Inc. are already producing LC-MS kits that are widely used in clinical settings.

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End-Use Insights

In terms of end-use, diagnostic laboratories are expected to see steady growth, as these facilities offer advanced equipment and large-scale testing capabilities. However, hospitals and clinics will continue to dominate the market, as they are often the first choice for patients seeking medical care. Hospitals offer comprehensive services, emergency care, and trusted expertise, which makes them a preferred option for Vitamin D testing.

Vitamin D Testing Top Companies and Competitive Landscape

The global vitamin D testing market is fragmented with many large and medium-sized players accounting for majority of market revenue. Major players are deploying various strategies, entering into mergers & acquisitions, strategic agreements & contracts, developing, testing, and introducing more effective vitamin D testing solutions.

Some major players included in the global vitamin D testing market report are:

Iso-Tex Diagnostics, Inc.
Quest Diagnostics Incorporated.
DiaSorin S.p.A.
BIOMÉRIEUX
Tosoh Bioscience, Inc.
Hoffmann-La Roche Ltd
Thermo Fisher Scientific Inc.
Beckman Coulter, Inc.
Diazyme Laboratories, Inc.
The Vitamin D Company

Vitamin D Testing Latest Industry Updates

In December 2023, PanGenomic Health Inc. unveiled that its subsidiary, MUJN Diagnostics Inc. ('MUJN Diagnostics'), launched a point-of-care Vitamin D test tailored for the dental implant sector.

In March 2020, Thermo Fisher Scientific announced the availability of Cascades SM clinical analyzer for the Cascadion SM 25-Hydroxy Vitamin D assay in the U.S., with the goal of expanding its brand presence.
Vitamin D Testing Market Segmentation Analysis

For the purpose of this report, Emergen Research has segmented the global vitamin D testing market on the basis of product, technology, indication, end-use, and region:

Product Outlook (Revenue, USD Billion; 2019-2032)

25-Hydroxy Vitamin D test
1,25-Dihydroxy Vitamin D test

Technology Outlook (Revenue, USD Billion; 2019-2032)

Radioimmunoassay
Liquid Chromatography (LC)-Mass Spectrometry (MS)
Enzyme-Linked Immunosorbent Assay (ELISA)
High Performance Liquid Chromatography (HPLC)
Others

Indication Outlook (Revenue, USD Billion; 2019-2032)

Osteoporosis
Rickets
Thyroid disorders
Vitamin D deficiency
Others

End-Use Outlook (Revenue, USD Billion; 2019-2032)

Hospitals and clinics
Diagnostic laboratories
Homecare
Others

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Regional Outlook (Revenue, USD Billion; 2019-2032)

North America
U.S.
Canada
Europe
Germany
France
UK
Italy
Spain
Benelux
Russia
Rest of Europe
Asia Pacific
China
Japan
South Korea
India
ASEAN Countries
Oceania
Rest of APAC
Latin America
Brazil
Mexico
Rest of LATAM
Middle East & Africa
GCC Countries
Israel
Turkey
South Africa
Rest of Middle East & Africa

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Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
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About Us:
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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