According to the report by Expert Market Research (EMR), the global vitamin D testing market size is expected to grow at a CAGR of 4% between 2023 and 2028. Aided by the rising health awareness among consumers, the market is expected to grow significantly by 2028.
Vitamin D testing involves a blood test that measures the level of 25-hydroxyvitamin D in the blood, which is the most accurate way to measure the amount of vitamin D in the body. Adequate levels of Vitamin D are crucial for calcium absorption in the body, ensuring healthy bones and teeth. In addition to its traditional roles, vitamin D is increasingly recognised for its benefits in combating diseases like diabetes, multiple sclerosis, and even cancer. With its pivotal role in overall health, vitamin D testing becomes an integral part of preventive healthcare and disease management.
The global vitamin D testing market growth is primarily driven by the increased awareness of the importance of preventive healthcare. As the understanding of vitamin D’s wide-ranging health benefits continues to spread, there has been a significant shift towards regular health check-ups, which often include vitamin D testing. This growing health consciousness, coupled with an ageing population at higher risk of vitamin D deficiency, has further propelled the need for vitamin D testing, making it a routine element in preventive healthcare measures.
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The expansion of vitamin D testing applications in various health fields also significantly contributes to the vitamin D testing market expansion. Vitamin D testing is crucial in the healthcare industry for the detection and treatment of a number of illnesses, such as osteoporosis, renal disease, and some forms of cancer.
Furthermore, the growing prevalence of lifestyle-induced disorders, such as obesity and cardiovascular diseases, which often correlate with low vitamin D levels, has led to increased focus on vitamin D testing as a crucial component of comprehensive health evaluations. With the rise of sedentary lifestyles and indoor occupations reducing sun exposure – the primary source of vitamin D – there is an escalating need for regular vitamin D level assessments, fuelling the vitamin D testing market development.
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Market Segmentation
The market can be divided based on type and region.
Market Breakup by Type
• 25-Hydroxy Vitamin D Test
• 1,25-Dihydroxy Vitamin D Test
Market Breakup by Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global vitamin D testing companies. Some of the major key players explored in the report by Expert Market Research are as follows:
• F. Hoffmann-La Roche Ltd.
• Abbott Laboratories
• Siemens Corporation
• Danaher Corporation
• Quest Diagnostics, Inc.
• DiaSorin S.P.A.
• bioMérieux SA
• Others
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