Vitamin D testing market in Europe at a glance
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.
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 -
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
Technavios 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.
Key questions answered in the report include
What will the market size and the growth rate be in 2019?
What are the key factors driving the vitamin D testing market in Europe?
What are the key market trends impacting the growth of the vitamin D testing market in Europe?
What are the challenges to market growth?
Who are the key vendors in the vitamin D testing market in Europe?
What are the market opportunities and threats faced by the vendors in the vitamin D testing market in Europe?
What are the key outcomes of the five forces analysis of the vitamin D testing market in Europe?
Technavio also offers customization on reports based on specific client requirement.
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PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
Key market highlights
PART 05: Vitamin D status in Europe
PART 06: Market landscape
Market size and forecast
Five forces analysis
PART 07: Market segmentation by application
25-Hydroxy vitamin D test
1, 25-Dihydroxy vitamin D test
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
Key prominent vendors
Other prominent vendors
PART 14: Key vendor analysis
PART 15: Appendix
List of abbreviations
PART 16: Explore Technavio
Exhibit 01: Product offerings 6
Exhibit 02: Sources of vitamin D 9
Exhibit 03: Number of tests performed in the five key countries of Europe for vitamin D testing market 2015-2019 (in millions)
Exhibit 04: Vitamin D testing market in Europe by volume of tests performed in 2014 (in millions)
Exhibit 05: Segmentation of the vitamin D testing market in Europe
Exhibit 06: Vitamin D testing market in Europe 2015-2019 by sales revenue ($ millions)
Exhibit 07: Five forces analysis
Exhibit 08: Vitamin D testing market in Europe based on application
Exhibit 09: Segmentation of vitamin D testing market in Europe by application 2014
Exhibit 10: -hydroxy vitamin D tests market in Europe 2015-2019 ($ millions)
Exhibit 11: 1, 25-dihydroxy vitamin D tests market in Europe 2015-2019 ($ millions)
Exhibit 12: Segmentation of vitamin D test market in Europe by application 2014-2019 ($ millions)
Exhibit 13: Segmentation of vitamin D test market in Europe by application 2014-2019
Exhibit 14: Impact of drivers
Exhibit 15: Impact of drivers and challenges
Exhibit 16: Abbott Diagnostics: Key takeaways
Exhibit 17: bioMériux: Key takeaways
Exhibit 18: DiaSorin: Key takeaways
Exhibit 19: Fujirebio: Key takeaways
Exhibit 20: Roche Diagnostics: Key takeaways
Exhibit 21: Siemens Healthcare: Key takeaways
Exhibit 22: Abbott Diagnostics: key business offerings
Exhibit 23: bioMérieux: Applications by technology
Exhibit 24: DiaSorin: Business segmentation by revenue 2013 and 2014
Exhibit 25: DiaSorin: Geographical segmentation by revenue 2014
Exhibit 26: Roche Diagnostics: Business segmentation by revenue 2014
Exhibit 27: Roche Diagnostics: Business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 28: Roche Diagnostics: Geographical segmentation by revenue 2014
Exhibit 29: Siemens Healthcare: Business segmentation
Exhibit 30: Siemens Healthcare: Geographical segmentation by revenue 2014