Global Vitamin D Testing Market to grow at a CAGR of 7.57% during the period 2014-2019; Finds New Report

Report forecast the global vitamin D testing market to grow at a CAGR of 7.57% during the period 2014-2019.

Vitamin D is a naturally occurring, fat-soluble, biologically inert hormone precursor that exists in two primary forms: vitamin D2 (ergocalciferol) and vitamin D3 (cholecalciferol). Its main biologic function is to maintain calcium and phosphorus concentrations as it is essential for the overall bone health. Vitamin D has a number of other physiological roles, including retaining muscle strength, moderating immune function, regulating cellular differentiation, and reducing inflammation. Vitamin D test, also called 25-Hydroxy test, is used to measure the amount of vitamin in the bloodstream to rule out vitamin D deficiency. It can help determine the bone weakness, bone malformation, or abnormal metabolism of calcium (reflected by abnormal calcium, phosphorus, and PTH levels) as a result of a deficiency or excess of vitamin D.

The report covers the present scenario and the growth prospects of the global vitamin D testing market for the period 2015-2019. To calculate the market size, the report considers revenue generated through vitamin D tests.

Global Vitamin D Testing Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Americas, APAC, and EMEA; it also covers the market landscape and its growth prospects over the coming years.

The report includes a discussion of the key vendors operating in this market.

Key Geographies

• Americas
• APAC
• EMEA

According to the report, the proportion of elderly people increased from 9.2% in 1990 to 11.7% in 2013 worldwide, and is expected to increase further. The number is expected to more than double from 841 million people in 2013 to more than 2 billion by 2050. With increasing age, the human skin faces difficulties in making vitamin D. Aging consumers suffer from bone weakening due to a drop in calcium levels and have to undergo vitamin D tests. The lack of vitamin D can lead to conditions such as osteoporosis, rickets, cancer, diabetes, and cardiovascular diseases. Thus, a higher emphasis is being placed on disease prevention, and vitamin D testing has become a standard procedure to prevent several medical conditions. Thus, the demand for vitamin D tests is set to rise.

Key players in the Global Vitamin D Testing Market: Abbott, BioMerieux, Diasorin, F. Hoffmann-La Roche and Siemens

Other Prominent Vendors in the market are: DIAsource ImmunoAssays, Gold Standard Diagnostics, Immunodiagnostic Systems Holdings, Ortho Clinical Diagnostics Inc., Qualigen, Quest Diagnostics and Tosoh Bioscience

Market Driver

• Ageing Population and Chronic Diseases
• For a full, detailed list, view our report

Market Challenge

• Declining Prices in Developed Countries
• For a full, detailed list, view our report

Market Trend

• Introduction of Novel Technology
• For a full, detailed list, view our report

Key Questions Answered in this Report

• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 72 pages “Global Vitamin D Testing Market 2015-2019” report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Market Segmentation by Type of Method, Market Segmentation by End-user, Geographical Segmentation, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

For further information on this report, please visit- http://mrr.cm/49W

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