European Vitamin D Testing Market Examined in In-demand Infiniti Research Report Available at MarketPublishers.com22 Jan 2016 • by Natalie Aster
LONDON – Around 70% of the European population suffers from vitamin D deficiency. However, just 5-6% of these patients have undergone vitamin D testing, indicating that the region’s vitamin D testing market is unpenetrated and has bright potential as the market has a considerable patient pool. Comprehending the potential of the market, the leading vendors in Europe are сcontinuously investing in research and development (R&D) and innovating vitamin D testing devices, and also assays and kits that are expected to provide an accurate result at a cheap price.
Increasing vitamin D deficiency is set to result in diverse acute and chronic diseases like asthma and cancer if not diagnosed at an early phase and can be fatal for patients. Thus, one of the key drivers responsible for the expansion of the region’s vitamin D testing market is the prevention of these incurable diseases. The European vitamin D testing market is forecast to grow steadily, recording over 5% CAGR in the upcoming years.
With a considerable share of 77% as of 2014, the 25-hydroxy test segment dominated the vitamin D testing market in Europe, with the trend is expected to keep on over the forecast period. The 25-hydroxy test is the most popular test for detecting the levels of vitamin D in the body.
Abbott Diagnostics, bioMérieux, DiaSorin, Fujirebio Diagnostics, Roche Diagnostics and Siemens Healthcare are some of the leading players in the market.
In-demand research study “Vitamin D Testing Market in Europe - Industry Analysis 2015-2019” elaborated by Infiniti Research presents a valuable guide to the European vitamin D testing market. It provides granular market segmentation by application; market size estimates and growth rates; growth drivers, challenges, and forthcoming trends in the market; Porter's five forces analysis; the competitive landscape analysis alongside deep insights into the manifold market vendors, including the dominant ones. The research publication also limelights the prospective development of the European vitamin D testing sector in the foreseeable future.
Vitamin D Testing Market in Europe - Industry Analysis 2015-2019
Published: December, 2015
Price: US$ 2,500.00
More in-demand reports by this renowned publisher are available at Infiniti Research page.