Vitamin Test Market Research Report – Forecast to 2023

Vitamin Test Market Research Report – Forecast to 2023

ID: MRFR/HC/4916-HCRR | | Region: Global | 90 pages | Half-Cooked Research Reports

Global Vitamin test Market Research Report, by Type (Vitamin B12, Carotene, Folic Acid Test), Technology (high-performance liquid chromatography), End-User (Hospitals and Clinics, Ambulatory Surgical Centre, Diagnostic Centre) – Global Forecast Till 2023


Market Scenario


The global vitamin testing market is expected to witness tremendous growth during the forecast period at a CAGR of ~9.2%. There are 13 types of different vitamins namely Vitamin A, vitamin B (thiamine, riboflavin, niacin, pantothenic acid, biotin, vitamin B-6, vitamin B-12 and folate),  vitamin C, D, E and K. Vitamins are micronutrients which are required in sufficient quantities for normal cell function, growth and development. For instance, deficiency of vitamin C, folate and vitamin B-12 may lead to anaemia. According to the American Society of Hematology in 2014, 29% pregnant women, 38% nonpregnant women, and 43% children were anemic globally.  The key factor responsible for influencing this market is the increasing prevalence of vitamin deficiency. vitamin deficiency is also caused due to lifestyle factors such as smoking tobacco, alcohol consumption, and others. Other key factors such as change to sedentary lifestyle, growing awareness among the population for vitamin tests, rising geriatric population, technological advancements in laboratories for clinical testing and increasing prevalence of chronic diseases like cancer or chronic kidney disease are contributing towards the growth of the market.


However, factors such as, high cost of vitamin test, limitations of the tests like false positives and false negatives and lack of awareness in developing countries are expected to restrict the market growth during the forecast period.


Segmentation


The global Vitamin test market is segmented on the basis of type, technology, and end-user. the vitamin test market, by type, is categorized into vitamin B12 & folic acid test,folic acid (folate) test, carotene (beta carotene) test, vitamin K1 test, vitamin E test, vitamin d 25-dihydroxy (calcitriol) test, vitamin C test, vitamin B12 test, vitamin B6 test, vitamin B5 test, vitamin B3 (niacin) test, vitamin B2 (riboflavin) test, vitamin a (retinol) test, vitamin B1 test. On the basis of Technology, the market is segmented into high-performance liquid chromatography (HPLC), radioimmunoassay, ELISA tests, chemiluminescent immunoassay (CLIA)and liquid chromatography-tandem mass spectrometry. On the basis of end-user, the market is segmented into hospitals and clinics, ambulatory surgical centers, diagnostic centers, research centers, and others.


On the basis of region, the global Vitamin test market is segmented into the Americas, Europe, Asia-Pacific, and the Middle East and Africa. The Americas is sub-segmented into North America and South America. The North American region is further segmented into the US and Canada. The European region is divided into two, namely, Western Europe and Eastern Europe. Western Europe is further classified into Germany, Italy, France, the UK, Spain, and the rest of Western Europe. The Asia-Pacific region is sub-segmented into Japan, China, India, Australia, the Republic of Korea, and the rest of Asia-Pacific. The Middle Eastern and African region is sub-segmented into the United Arab Emirates, Saudi Arabia, Oman, Kuwait, Qatar, and the rest of the Middle East and Africa.


Key players


Some of the key players in the global Vitamin test market are VitaMe Technologies Inc., R-Biopharm AG, Abbott Laboratories, ImmunoDiagnostics Inc., F. Hoffman-La Roche, Siemens AG, Diazyme Laboratories, DiaSorin S.p.A, ORGENTEC Diagnostika GmbH and others.


Regional Market Summary

Global Verrucous Carcinoma Market Share (%), by Region, 2017


 Vitamin Test Market Share


Sources: National Cancer Institute, Cancer research UK, the American Cancer Society, Inc, US Department of Health and Human Services National Institutes of Health


It is estimated that North America dominated the global Vitamin test market owing to the increasing nutrient deficiency in this region. According to the United States Department of Agriculture in 2014, 8 out of 10 people in the Americas were vitamin E deficient. Such increasing prevalence of vitamin deficiency favours the growth of vitamin testing in the Americas.


Europe stood second largest in the vitamin test market owing to excellent healthcare infrastructure, technologically advanced products, high healthcare expenditure are the key factors driving growth. Also, the growing awareness and research for vitamins and its benefits on health influence the market growth in this region. Cork Centre for Vitamin D and Nutrition Research conducted a conference named “Vitamin D & Health in Europe: current and future perspectives” in September 2017 in Ireland.


Asia-Pacific was projected to be the fastest growing region for the global Vitamin test market in 2017. The market is expected to witness growth owing to the rising patient population, changing lifestyle, and growing healthcare facilities.  Rapid adoption of technologically advanced devices is also one of the key reason for the market to grow in this region. In July 2016, DiaSorin launched their CLIA 25 OH Vitamin D test in Japan. This influences market growth in this region.


The Middle East and Africa holds the least share in the global Vitamin test market due to the presence of poor health expenditure and economically diverse countries. However, the market is expected to witness growth due to increasing healthcare initiatives by the government in the Middle East and Africa.


Market Segmentation


Global Vitamin test Market, by Type



  • Vitamin B12 & Folic Acid Test

  • Folic Acid (Folate) Test

  • Carotene (Beta Carotene) Test

  • Vitamin K1 Test

  • Vitamin E Test

  • Vitamin D 25-Dihydroxy (Calcitriol) Test

  • Vitamin D 25-Hydroxy (Calcidiol) Blood Test 

  • Vitamin C Test

  • Vitamin B12 Test

  • Vitamin B6 Test

  • Vitamin B5 Test

  • Vitamin B3 (Niacin) Test

  • Vitamin B2 (Riboflavin) Test

  • Vitamin A (Retinol) Test

  • Vitamin B1 Test


Global Vitamin test Market, by Technology



  • High-Performance Liquid Chromatography (HPLC)

  • Radioimmunoassay

  • ELISA Tests

  • Chemiluminescent immunoassay (CLIA)

  • Liquid Chromatography-Tandem Mass Spectrometry


Global Vitamin test Market, by End-Users



  • Hospitals and clinics

  • Ambulatory Surgical Centers

  • Diagnostic Centers

  • Research centers

  • Others


Global vitamin test Market, by Region



  • Americas

  • Europe

  • Asia-Pacific

  • Middle East & Africa


Intended Audience



  • Pharmaceutical companies

  • Biotechnological institutes

  • Government and private laboratories

  • Research and Development (R&D) companies

  • Medical research laboratories

  • Market research and consulting service providers

TABLE OF CONTENT

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Technology Trends & Assessment

Chapter 5. Market Factor Analysis

5.1 Porter’s Five Forces Analysis

5.1.1 Bargaining Power of Suppliers

5.1.2 Bargaining Power of Buyers

5.1.3 Threat of New Entrants

5.1.4 Threat of Substitutes

5.1.5 Intensity of Rivalry

5.2 Value Chain Analysis

5.3 Investment Feasibility Analysis

5.4 Pricing Analysis

Chapter 6. Global Vitamin test Market, by Type

6.1 Introduction

6.2 Vitamin B12 & Folic Acid Test

6.3 Folic Acid (Folate) Test

6.4 Carotene (Beta Carotene) Test

6.5 Vitamin K1 Test

6.6 Vitamin E Test

6.7 Vitamin D 25-Dihydroxy (Calcitriol) Test

6.8 Vitamin D 25-Hydroxy (Calcidiol) Blood Test

6.9 Vitamin C Test

6.10 Vitamin B12 Test

6.11 Vitamin B6 Test

6.12 Vitamin B5 Test

6.13 Vitamin B3 (Niacin) Test

6.14 Vitamin B2 (Riboflavin) Test

6.15 Vitamin A (Retinol) Test

6.16 Vitamin B1 Test

Chapter 7. Global Vitamin test Market, by Technology

7.1 Introduction

7.2 High-Performance Liquid Chromatography (HPLC)

7.3 Radioimmunoassay

7.4 ELISA Tests

7.5 Chemiluminescent immunoassay (CLIA)

7.6 Liquid Chromatography-Tandem Mass Spectrometry

Chapter 8. Global Vitamin test Market, by End-Users

8.1 Introduction

8.2 Hospitals and clinics

8.3 Ambulatory Surgical Centers

8.4 Diagnostic Centers

8.5 Research centers

8.6 Others

Chapter 9. Global Vitamin test Market, by Region

9.1 Introduction

9.2 America

9.2.1 North America

9.2.1.1 US

9.2.1.2 Canada

9.2.2 South America

9.3 Europe

9.3.1 Western Europe

9.3.1.1 Germany

9.3.1.2 France

9.3.1.3 Italy

9.3.1.4 Spain

9.3.1.5 UK

9.3.1.6 Rest of Western Europe

9.3.2 Eastern Europe

9.4 Asia-Pacific

9.4.1 Japan

9.4.2 China

9.4.3 India

9.4.4 Australia

9.4.5 Republic of Korea

9.4.6 Rest of Asia-Pacific

9.5 Middle East & Africa

9.5.1 United Arab Emirates

9.5.2 Saudi Arabia

9.5.3 Oman

9.5.4 Kuwait

9.5.5 Qatar

9.5.6 Rest of the Middle East & Africa

Chapter 10. Company Landscape

10.1 Introduction

10.2 Market Share Analysis

10.3 Key Development & Strategies

10.3.1 Key Developments

Chapter 11 Company Profiles

11.1 VitaMe Technologies Inc

11.1.1 Company Overview

11.1.2 Type Overview

11.1.3 Financials

11.2.4 Key Developments

11.1.5 SWOT Analysis

11.2 R-Biopharm AG

11.2.1 Company Overview

11.2.2 Type Overview

11.2.3 Financial Overview

11.2.4 Key Developments

11.2.5 SWOT Analysis

11.3 Abbott Laboratories

11.3.1 Company Overview

11.3.2 Type Overview

11.3.3 Financial Overview

11.3.4 Key Development

11.3.5 SWOT Analysis

11.4 ImmunoDiagnostics Inc

11.4.1 Company Overview

11.4.2 Type/Business Segment Overview

11.4.3 Financial Overview

11.4.4 Key Development

11.4.5 SWOT Analysis

11.5 F. Hoffmann-La Roche Ltd

11.5.1 Company Overview

11.5.2 Type Overview

11.5.3 Financial overview

11.5.4 Key Developments

11.5.5 SWOT Analysis

11.6 Siemens AG

11.6.1 Company Overview

11.6.2 Type Overview

11.6.3 Financial Overview

11.6.4 Key Developments

11.6.5 SWOT Analysis

11.7 Diazyme Laboratories

11.7.1 Overview

11.7.2 Type Overview

11.7.3 Financials

11.7.4 Key Developments

11.7.5 SWOT Analysis

11.8 DIASORIN

11.8.1 Overview

11.8.2 Type Overview

11.8.3 Financials

11.8.4 Key Developments

11.8.5 SWOT Analysis

11.12 Others

Chapter 12 Appendix

LIST OF TABLES

Table 1 Global Vitamin test Market Industry Synopsis, 2018–2022

Table 2 Global Vitamin test Market Estimates & Forecast, 2018–2022, (USD Million)

Table 3 Global Vitamin test Market, by Region, 2018–2022, (USD Million)

Table 4 Global Vitamin test Market, by Type, 2018–2022, (USD Million)

Table 5 Global Vitamin test Market, by Technology, 2018–2022, (USD Million)

Table 6 Global Vitamin test Market, by End-User, 2018–2022, (USD Million)

Table 7 North America: Vitamin test Market, by Type, 2018–2022, (USD Million)

Table 8 North America: Vitamin test Market, by Technology, 2018–2022, (USD Million)

Table 9 North America: Vitamin test Market, by End-User, 2018–2022, (USD Million)

Table 10 US: Vitamin test Market, by Type, 2018–2022, (USD Million)

Table 11 US: Vitamin test Market, by Technology, 2018–2022, (USD Million)

Table 12 US: Vitamin test Market, by End-User, 2018–2022, (USD Million)

Table 13 Canada: Vitamin test Market, by Type, 2018–2022, (USD Million)

Table 14 Canada: Vitamin test Market, by Technology, 2018–2022, (USD Million)

Table 15 Canada: Vitamin test Market, by End-User, 2018–2022, (USD Million)

Table 16 South America: Vitamin test Market, by Type, 2018–2022, (USD Million)

Table 17 South America: Vitamin test Market, by Technology, 2018–2022, (USD Million)

Table 18 South America: Vitamin test Market, by End-User, 2018–2022, (USD Million)

Table 19 Europe: Vitamin test Market, Type, 2018–2022, (USD Million)

Table 20 Europe: Vitamin test Market, by Technology, 2018–2022, (USD Million)

Table 21 Europe: Vitamin test Market, by End-User, 2018–2022, (USD Million)

Table 22 Western Europe: Vitamin test Market, by Type, 2018–2022, (USD Million)

Table 23 Western Europe: Vitamin test Market, by Technology, 2018–2022, (USD Million)

Table 24 Western Europe: Vitamin test Market, by End-User, 2018–2022, (USD Million)



Table 25 Eastern Europe: Vitamin test Market, by Type, 2018–2022, (USD Million)

Table 26 Eastern Europe: Vitamin test Market, by Technology, 2018–2022, (USD Million)

Table 27 Eastern Europe: Vitamin test Market, by End-User, 2018–2022, (USD Million)

Table 28 Asia-Pacific: Vitamin test Market, by Type, 2018–2022, (USD Million)

Table 29 Asia-Pacific: Vitamin test Market, by Technology, 2018–2022, (USD Million)

Table 30 Asia-Pacific: Vitamin test Market, by End-User, 2018–2022, (USD Million)

Table 31 Middle East & Africa: Vitamin test Market, by Type, 2018–2022, (USD Million)

Table 32 Middle East & Africa: Vitamin test Market, by Technology, 2018–2022, (USD Million)

Table 33 Middle East & Africa: Vitamin test Market, by End-User, 2018–2022, (USD Million)





LIST OF FIGURES

Figure 1 Research Process

Figure 2 Segmentation for the Global Vitamin test Market

Figure 3 Market Dynamics for the Global Vitamin test Market

Figure 4 Global Vitamin test Market Share, by type 2017

Figure 6 Global Vitamin test Market Share, by technology, 2017

Figure 6 Global Vitamin test Market Share, by End-User, 2017

Figure 7 Global Vitamin test Market Share, by Region, 2017

Figure 8 North America Vitamin test Market Share, by Country, 2017

Figure 9 Europe vitamin test Share, by Country, 2017

Figure 10 Asia-Pacific Vitamin test Market Share, by Country, 2017

Figure 11 Middle East & Africa Vitamin test Market Share, by Country, 2017

Figure 12 Global Vitamin test Market: Company Share Analysis, 2017 (%)

Figure 13 VitaMe Technologies Inc: Key Financials

Figure 14 VitaMe Technologies Inc: Segmental Revenue

Figure 15 VitaMe Technologies Inc: Geographical Revenue

Figure 16 R-Biopharm AG: Key Financials

Figure 17 R-Biopharm AG: Segmental Revenue

Figure 18 R-Biopharm AG: Geographical Revenue

Figure 19 Abbott Laboratories : Key Financials

Figure 20 Abbott Laboratories : Segmental Revenue

Figure 21 Abbott Laboratories : Geographical Revenue

Figure 22 ImmunoDiagnostics Inc: Key Financials

Figure 23 ImmunoDiagnostics Inc: Segmental Revenue

Figure 24 ImmunoDiagnostics Inc: Geographical Revenue

Figure 25 Siemens AG: Key Financials

Figure 26 Siemens AG: Segmental Revenue

Figure 27 Siemens AG: Geographical Revenue

Figure 28 Diazyme Laboratories: Key Financials

Figure 29 Diazyme Laboratories: Segmental Revenue

Figure 30 Diazyme Laboratories: Geographical Revenue

Figure 31 DiaSorin: Key Financials

Figure 32 DiaSorin: Segmental Revenue

Figure 33 DiaSorin: Geographical Revenue