Vitamin-D Testing Market, June 2021 Report On Size and Share 2021 by Industry Impact, Sales Revenue, Future Demands, Growth Factors and Drivers, Emerging Trends, Competitive Landscape and Forecast to 2030

In a recently published report, Vitamin-D Testing Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Vitamin-D Testing Market products.

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Moreover, increasing expenditure on healthcare, backed by the need amongst individuals for quality healthcare services, is also anticipated to contribute to the market growth. According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018.

Global Vitamin D Testing Market is valued approximately at USD 0.64 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 9.40 % over the forecast period 2019-2026. Vitamin D plays a crucial role in controlling the calcium and phosphate levels in the Individuals body. It is benefited in maintaining the cell cycle, fetus development, prevention of neuromuscular disorders, and bone disorders. The deficiency of vitamin D leads to rickets, osteoporosis, cardiovascular diseases, cognitive disorders, cancer, autoimmune diseases, and asthma. Therefore, Vitamin D testing method is adopted by healthcare professionals to analyze, evaluate and initiate for significant cure of deficit vitamin D in individuals’ body. Hence, the commendable role of Vitamin D testing method in identifying vitamin D deficit in human body coupled with increasing prevalence of Vitamin D deficiency across the globe are the factors attributed toward the growth of market over the forecast years. As per survey, the Government of India, in 2019, over 70-90% of people in India suffering from Vitamin D deficiency. Similarly, as per the European Society of Endocrinology 2019, Vitamin D deficiency (serum 25-hydroxyvitamin D (25(OH)D) <50 nmol/L or 20 ng/mL) is common in Europe and the Middle East. It occurs in <20% of the population in Northern Europe, in 30–60% in Western, Southern and Eastern Europe and up to 80% in Middle East countries. In Addition, increase in investment and awareness by government and private organizations and cost-efficient vitamin D deficiency test is anticipated to create new opportunities during the forecast period. However, decline rate of reimbursement and stringent government regulations associated with the sales of vitamin D deficiency is anticipated to hinder the growth of the market.

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The regional analysis of global Vitamin D testing market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading/significant region across the world in terms of market share owing to the due to the rising cases of Vitamin D deficiency among the population in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026. Factors such as increase in investment and awareness by government and private organizations would create lucrative growth prospects for the Vitamin D testing market across Asia-Pacific region.

Major market player included in this report are:
BioMrieux Inc
 Abbott Laboratories Inc.
Siemens Healthineers
F. Hoffmann-La Roche
DiaSorin S.p.A.
Hologic, Inc.
Biokit S.A.
The Vitamin D Company
Tosoh Bioscience
QUALIGEN

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Vitamin Type:
Vitamin D2
Vitamin D3     

By Application:
Functional Food & Beverage
Pharmaceuticals
Animal Feed & Pet Food
Personal care

By End-User:
Pediatrics
Adults
Geriatrics
Pregnant women

By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017, 2018
Base year – 2019
Forecast period – 2020 to 2026

Target Audience of the Global Vitamin D Testing Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

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Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD Billion)
1.2.1. Vitamin D Testing Market, by Region, 2018-2026 (USD Billion)
1.2.2. Vitamin D Testing Market, by Vitamin Type, 2018-2026 (USD Billion)
1.2.3. Vitamin D Testing Market, by Application, 2018-2026 (USD Billion)
1.2.4. Vitamin D Testing Market, by End-User, 2018-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Vitamin D Testing Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Vitamin D Testing Market Dynamics
3.1. Vitamin D Testing Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Vitamin D Testing Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Vitamin D Testing Market, by Vitamin Type
5.1. Market Snapshot
5.2. Global Vitamin D Testing Market by Vitamin Type, Performance – Potential Analysis
5.3. Global Vitamin D Testing Market Estimates & Forecasts by Vitamin Type 2016-2026 (USD Billion)
5.4. Vitamin D Testing Market, Sub Segment Analysis
5.4.1. Vitamin D2
5.4.2. Vitamin D3
Chapter 6. Global Vitamin D Testing Market, by Application
6.1. Market Snapshot
6.2. Global Vitamin D Testing Market by Application, Performance – Potential Analysis
6.3. Global Vitamin D Testing Market Estimates & Forecasts by Application 2016-2026 (USD Billion)
6.4. Vitamin D Testing Market, Sub Segment Analysis
6.4.1. Functional Food & Beverages
6.4.2. Pharmaceuticals

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