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Evolving Market Drivers In The Vitamin Biomarkers Industry: Rising Nutrition Deficiencies To Drive Growth In The Vitamin Biomarkers Market
Vitamin Biomarkers
What Is the Expected Vitamin Biomarkers Market Size During the Forecast Period?
In recent times, the market size for vitamin biomarkers has shown a swift expansion. The market is expected to increase from $3.59 billion in 2024 to a higher value of $4.06 billion in 2025 at a compound annual growth rate (CAGR) of 13.1%. This significant growth in the past period can be credited to the heightened awareness of vitamin deficiencies alongside the increasing presence of chronic illnesses. Other factors such as the surge in demand for personalised nutrition, augmented research on nutritional biomarkers, and the growing elderly population, have also contributed to this progression.
The market for vitamin biomarkers is predicted to experience accelerated expansion in the coming years, intending to reach $6.56 billion in 2029 with a compound annual growth rate (CAGR) of 12.7%. Factors contributing to its growth within the forecast period include the rising adoption of digital health solutions, increased focus on detecting diseases early, the surge in demand for home-based test kits, growing expenditure on healthcare, and heightened consumer interest in health and wellness. Key trends during this period are projected to be the incorporation of health technology wearables, creation of multi-biomarker panels, progress in high-throughput screening techniques, production of innovative biomarker-based tests, and improved methods of digital and remote health monitoring.
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What Are the High-Growth Segments in the Vitamin Biomarkers Market?
The vitamin biomarkers market covered in this report is segmented -
1) By Biomarker Type: Serum Retinol (Vitamin A); Ascorbic Acid (Vitamin C); Serum 25(OH)D (Vitamin D); Serum Alpha-tocopherol (Vitamin E); Serum Prothrombin (Vitamin K); Serum Thiamine Diphosphate (Vitamin B1); Serum Glycolate (Vitamin B2); Serum Niacin (Vitamin B3); Serum Plasma PLP (Vitamin B6); Other Biomarker Types
2) By Product: Analyzers; Test Kits; Reagents And Consumables
3) By Testing Method: Enzyme Linked Immunosorbent Assay (ELISA); Liquid Chromatography With Tandem Mass Spectrometry (LC MS MS); High Performance Liquid Chromatography (HPLC); Chemiluminescent Immunoassay (CLIA)
4) By End User: Hospitals; Diagnostic Laboratories; Ambulatory Diagnostic Centers; Homecare Settings
Subsegments:
1) By Serum Retinol (Vitamin A): Retinol Measurement Kits; Retinol Assay Reagents
2) By Ascorbic Acid (Vitamin C): Vitamin C Detection Kits; Ascorbic Acid Assay Reagents
3) By Serum 25(OH)D (Vitamin D): Vitamin D Testing Kits; 25-Hydroxyvitamin D Assay Reagents
4) By Serum Alpha-tocopherol (Vitamin E): Alpha-tocopherol Measurement Kits; Vitamin E Assay Reagents
5) By Serum Prothrombin (Vitamin K): Prothrombin Time Testing Kits; Vitamin K Assay Reagents
6) By Serum Thiamine Diphosphate (Vitamin B1): Thiamine Measurement Kits; Vitamin B1 Assay Reagents
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What Key Drivers Are Expected to Influence Future Vitamin Biomarkers Market Growth?
The rising instances of nutritional deficiencies are anticipated to spur growth in the vitamin biomarkers market. A nutritional deficiency involves a scarcity of vital nutrients in one's diet, which can have detrimental health effects. Such deficiencies can be attributed to poor dietary patterns, limited access to varied foods, and socioeconomic circumstances. Vitamin biomarkers play a crucial role in identifying nutritional deficiencies by analysing specific vitamins in the blood, aiding in evaluating nutritional health and informing intervention strategies. For example, a report by the Food and Agriculture Organization, a non-profit organization located in Italy, indicated in July 2023 that the prevalence of undernourishment afflicted approximately 9.2% of the world's population in 2022, a rise from 7.9% in 2021. Additionally, in Africa, the prevalence rose by 0.3 percentage points, from 19.4% in 2021 to 19.7% in 2022. Thus, the escalating incidence of nutritional deficiencies will push the vitamin biomarkers market's growth. The vitamin biomarkers market is likely to see expansion due to the growing emphasis on personalized medicine. Personalized medicine denotes a medical methodology that adjusts treatment and healthcare tactics based on each patient's unique characteristics, genetic factors, and requirements. Genomics advancements, biotechnological progress, and data analytics facilitate personalized medicine by allowing treatments to be designed according to individual genetic makeup and additional personal health data. Vitamin biomarkers contribute to personalized medicine by offering detailed information on an individual's nutritional health and metabolic functions, which allows for the creation of customised treatment plans to maximise health benefits. In February 2024, the US-based non-profit organization, Personalized Medicine Coalition, reported that the FDA approved 16 new personalized treatments for patients suffering from rare diseases in 2023, compared with six in 2022. The approved personalized treatments for 2023 incorporated seven cancer drugs and three for other diseases and conditions. Therefore, the heightened focus on personalized medicine is facilitating growth in the vitamin biomarkers market.
Which Companies Hold the Largest Share Across Different Vitamin Biomarkers Market Segments?
Major companies operating in the vitamin biomarkers market are Thermo Fisher Scientific Inc., Abbott Laboratories, Merck KGaA, Siemens Healthineers AG, Roche Diagnostics International Ltd., Agilent Technologies Inc, PerkinElmer Inc, bioMérieux SA, Beckman Coulter Inc, Shimadzu Corporation, QuidelOrtho Corporation, Sysmex Corporation, Waters Corporation, Bio-Rad Laboratories Inc, Tecan Group Ltd, Randox Laboratories Ltd, Ortho Clinical Diagnostics Inc, Molecular Devices LLC, Cambridge Isotope Laboratories Inc, Luminex Corporation, DiaSorin SpA, Analytik Jena AG, SeraCare Life Sciences Inc, Biopanda Reagents Ltd, SiPhox Inc
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What Are the Emerging Geographies for The Vitamin Biomarkers Market Growth?
North America was the largest region in the vitamin biomarkers market in 2024. The regions covered in the vitamin biomarkers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Vitamin Biomarkers Market?
2. What is the CAGR expected in the Vitamin Biomarkers Market?
3. What Are the Key Innovations Transforming the Vitamin Biomarkers Industry?
4. Which Region Is Leading the Vitamin Biomarkers Market?
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