Vitamins are organic compounds which are important for the survival
of an individual. The term is derived from vital amines, since
vitamins are essential for life and were thought to be derived from
amines. Vitamins can be fat soluble or water soluble. Vitamin D is
fat soluble that helps in the absorption of calcium. Deficiency of
vitamin D can lead to several disorders and diseases such as rickets
and osteoporosis. Therefore, the testing of vitamin level is
important. The various sources of vitamin D include egg yolk, fish,
and fortified milk. The skin can synthesize vitamin D upon exposure
to sunlight, making it a natural source.
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The global vitamin D testing market is estimated to expand at a
significant growth rate during the forecast period. Vitamin D
deficiency can cause several diseases and disorders such as rickets
and skin pigmentation. Deficiency of the vitamin in pregnant women
can cause serious effects to both the mother and the new born. Thus,
rise in awareness about the ill effects of vitamin D deficiency is
one of the important factors propelling the growth of the global
vitamin D testing market. Furthermore, rise in elderly population
associated with increase in chronic illnesses, diabetes, and other
rare diseases; robust R&D; increase in health care expenditure;
and government initiatives are the factors driving the growth of the
global market. However, high cost of the test and lack of awareness
in some developing countries can restrain the market growth during
the forecast period.
The global vitamin D testing market is segmented into test type,
service provider, and region. Based on the test type, the global
market is divided into 1, 25-dihydroxyvitamin D and 25-hydroxyvitamin
D. The 25-hydroxyvitamin D segment is anticipated to hold a
significant share of the global market during the forecast period is
it is the preferred test which detects the malfunction of bones. In
terms of service provider, the global market is segmented into
private laboratories, hospital-based laboratories, and others. The
hospital-based laboratories segment is expected to account for a
significant share of the global market during the forecast period due
to user convenience and rise in the number of hospitals.
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Geographically, the vitamin D testing market is divided into North
America, Asia Pacific, Latin America, Europe, and Middle East &
Africa. North America is anticipated to dominate the global market
with the largest market share. Rise in awareness and high prevalence
of diabetes patients associated with vitamin D deficiency are key
factors driving the North America market growth. Furthermore,
technological advancement and increased penetration rate of testing
are factors propelling the growth of the market in the region. Europe
is expected to hold a second largest share of the global market
followed by North America. Factors attributed to the growth of the
market in the region are high prevalence of vitamin D deficiency,
awareness among the people about the associated diseases due to
vitamin D deficiency, and strong R&D in the region. The Asia
Pacific market is anticipated to register a fast growth rate during
the forecast period. Asia Pacific is projected to be the most
attractive market during the forecast period due to increase in
geriatric population, rise in adoption of health care solutions for
better standard of life, increase in prevalence of diabetes, and rise
in awareness about health care in developing countries such as India
and China.
Many players engaged in vitamin D testing are adopting strategies
such as product development, commercialization, and geographical
expansion. Prominent players operating in the global vitamin D
testing market are Quest Diagnostics Incorporated, F. Hoffmann
La-Roche Ltd., Abbott Laboratories, and Siemens Healthcare GmbH.
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