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Global Vitamin D Testing Market 2017-2021 - Research and Markets

[June 14, 2017]

Global Vitamin D Testing Market 2017-2021 - Research and Markets

Research and Markets has announced the addition of the "Global Vitamin D Testing Market 2017-2021" report to their offering.

The global vitamin D testing market to grow at a CAGR of 4.61% during the period 2017-2021.

Global Vitamin D Testing Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market. To calculate the market size, the report considers the revenue generated from sales, volume and value of vitamin D testing specific assay kits.

According to the report, one of the major drivers for this market is increase in number of vitamin d deficiency disorders. Vitamin D is associated with major health disorders such as diabetes, kidney disorder, cancer, nutritional rickets, obesity, heart disease, and orthopedic issue. Worldwide, there is an increase in the number of obesity and diabets cases.

The latest trend gaining momentum in the market is rising number of home-based healthcare services. Home-based healthcare services have become a trend that increases the demand for vitamin D testing for better compatibility, portability, and user-friendly testing method. The vitamin D blood spot testing kit contain the assay and reagent. Also, it costs much lower than hospitals and diagnostic clinics.

Further, the report states that one of the major factors hindering the growth of this market is increasing cost burden on patients. Many clinical diagnostic laboratories and hospital labs provide low-cost assays in a package that combines many tests. The average cost of vitamin D tests is $20 or less, which is not profitable for most large and medium-sized diagnostic laboratories and hospital labs.

Key vendors