Research Report on “
Vitamin D Testing Market in Europe - Industry Analysis
2015-2019 ”
In Europe, approximately 70%
of the total population suffers from vitamin D deficiency, of which
barely 5-6% has undergone vitamin D testing. This indicates that the
vitamin D testing market in Europe is unpenetrated and has a high
potential since the market has a large patient pool. Major vendors in
Europe understand the potential market scenario and are constantly
investing in R&D and innovating vitamin D testing devices, and
assays and kits that will provide an accurate result at low cost.
Growing vitamin D deficiency
will lead to various acute and chronic diseases such as cancer and
asthma if not detected at an early stage and can be fatal for a
patient. Thus, prevention of these fatal diseases is considered one
of the major drivers contributing to the growth of the vitamin D
testing market in Europe. Technavio expects the vitamin D testing
market in Europe to grow at a steady rate, posting a CAGR of more
than 5% during the forecast period.
Segmentation of the vitamin
D testing market in Europe by application
- 25-hydroxy vitamin D test
- 1, 25-dihydroxy vitamin D test
With a massive share of 77% in
2014, the 25-hydroxy vitamin D test segment held the majority of the
vitamin D testing market in Europe, and this trend is expected to
continue during the forecast period. The 25-hydroxy test is the most
commonly used test to detect levels of vitamin D in the body.
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Competitive landscape and
key vendors
The European market for
vitamin D appears attractive from the vendors’ perspective as a
major part of the market is untapped. Therefore, there is robust
competition among the vendors to develop products with high accuracy
and efficiency through constant investment in R&D and innovation
in the market.
Top vendors in this market
are -
- Abbott Diagnostics
- bioMérieux
- DiaSorin
- Fujirebio Diagnostics
- Roche Diagnostics
- Siemens Healthcare
Other prominent vendors
included in this report are SCIEX Diagnostics, Diazyme Laboratories,
Biokit, City Assays, Tosoh Bioscience Inc., Qualigen Inc., Dade
Behring, DIAsource ImmunoAssays S.A, Ortho-Clinical Diagnostics,
Biorad Laboratories, Piramal Healthcare, Beckman Coulter, and Becton
Dickinson.
Growth drivers, challenges,
and upcoming trends: Vitamin D testing
Technavio’s market research
analysts analyze upcoming trends such as the increased focus on
strong scientific evidence supporting the combined use of calcium and
vitamin D supplementation in the prevention of fractures, which is a
commonly occurring condition due to vitamin D deficiency.
This report provides a number
of factors contributing to the adoption, limitations, and
opportunities of the vitamin D testing market in Europe. It also
offers an analysis of each factor and an estimation of the extent to
which the factors are likely to impact the overall market growth.
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Table
of Content :
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research
methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Vitamin D status in
Europe
PART 06: Market landscape
Market overview
Market size and forecast
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