- 1, 25-Dihydroxy Vitamin D Test
- 25-Hydroxy Vitamin D Test
Vitamin D Deficiency Diagnostic Assay Market size was valued at USD 812.2 million in 2021, growing at a CAGR of 4.8% during the forecast period 2022-28. Vitamin D is a steroidal hormone that requires multiple metabolic steps to become active and useful in human body. Vitamin D can be found in several sources such as fish, eggs and sunlight.  Vitamin D deficiency causes rickets in children and will precipitate and exacerbate osteopenia, osteoporosis and fractures in adults. Vitamin D deficiency has been associated with increased risk of common cancers, autoimmune diseases, hypertension and infectious diseases. Vitamin D is known for its role in mineralization of teeth and bones through regulation of calcium and phosphorous hemostasis. Recently, there is emerging evidence of role of vitamin D in protection against risk for malignant neoplasms, cardiac diseases, diabetes along with osteoporosis and other bone disorders. Vitamin d deficiency diagnostic assay market is saturated with many number of market players, hence companies are focusing on strategic such as agreements, partnerships, collaborations to survive in the market. Companies are also actively concentrating on collaborations with the governments, hospitals and research laboratories to raise funds for development of advanced products. For example, in 2014 Roche invested 450 Mn to build a new diagnostic equipment manufacturing unit in china and expected to commence the operation in 2018 to capture the market in Asia Pacific especially in China.
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Increase in geriatric population coupled with increase in chronic illnesses, rising risk inn development of vitamin D deficiency includes pregnant and breast feeding women, teenagers, infants and children are anticipated to drive the market growth of vitamin d deficiency diagnostic assay market globally. Moreover, growing investments on R&D activities, approval and commercialization of new tests, geographical expansions by the market players and initiatives taken by the governments also propels the market growth of vitamin d deficiency diagnostic assay. However, unavailability of the tests in some regions, dearth of skilled workforce, lack of awareness regarding the tests and high cost associated with the diagnosis may hinder the growth the vitamin d deficiency diagnostic assay market.
2021 is the base year and 2028 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.
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