Vitamin D Testing

Vitamin D Testing

Global Vitamin D Testing Market to Reach $846.9 Million by 2027

Amid the COVID-19 crisis, the global market for Vitamin D Testing estimated at US$668.9 Million in the year 2020, is projected to reach a revised size of US$846.9 Million by 2027, growing at aCAGR of 3.4% over the period 2020-2027. 25-Hydroxy Vitamin D Test, one of the segments analyzed in the report, is projected to record 3.1% CAGR and reach US$202.3 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the 1,25-Dihydroxy Vitamin Test segment is readjusted to a revised 3.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $180.6 Million, While China is Forecast to Grow at 6.2% CAGR

The Vitamin D Testing market in the U.S. is estimated at US$180.6 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$175.1 Million by the year 2027 trailing a CAGR of 6.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1% and 2.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.7% CAGR.We bring years of research experience to this 6th edition of our report. The 280-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,

• Abbott Laboratories, Inc.
• bioMerieux SA
• Danaher Corporation
• DiaSorin SpA
• F. Hoffmann-La Roche AG
• Quest Diagnostics, Inc.
• Siemens Corporation

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