Global Vitamin D testing market projected to reach USD 1,887.61 million by 2032

From GlobeNewswire: 2024-12-02 08:32:00

The Vitamin D Testing Market was valued at USD 919.38 million in 2023, projected to reach USD 1887.61 million by 2032 with a CAGR of 8.34%. Increasing awareness of vitamin D’s health benefits, rising deficiency cases, and government health initiatives are driving market growth. Digital tools and online consultations are simplifying access to testing solutions.

25-Hydroxy Vitamin D Test dominated the market in 2023, capturing 75% share. The 1,25-Dihydroxy Vitamin D Test is the fastest-growing segment. ELISA technology led the market with a 45% share, while LC-MS technology is gaining traction. Vitamin D Deficiency holds 65% market share, with Osteoporosis projected to be the fastest-growing indication.

North America held over 40% of the market in 2023, driven by healthcare spending and awareness initiatives. Europe ranks second, with countries like Germany and the UK experiencing significant growth. Asia-Pacific is the fastest-growing market, fueled by increased healthcare investments and awareness. Siemens expanded its vitamin D testing portfolio in 2024 with CDC-certified assays. A new Vitamin D testing market analysis report for 2024-2032 is available for purchase, offering valuable insights into the industry. The report promises rapid results in just 14 minutes and boasts a high throughput capacity. SNS Insider, a leading market research and consulting agency, aims to provide clients with current, accurate market data to make informed decisions confidently. Their research methods include surveys, video talks, and focus groups worldwide.



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