TechNavio recognizes the following companies as the key players in the Global Vitamin D Testing Market: Abbott Laboratories, DiaSorin S.p.A., Immunodiagnostic Systems Holdings plc, Roche Holding AG, and Siemens Healthcare Diagnostics Inc.
Commenting on the report, an analyst from TechNavio’s team said: “The Global Vitamin D Testing market is experiencing a significant increase in approvals of the products of the leading vendors. For instance, Qualigen Inc. received the FDA approval for FastPack Vitamin D Immunoassay for use on its proprietary FastPack System for the rapid determination of vitamin D status, and Gold Standard Diagnostics Corp. obtained the FDA clearance for its 25-OH Vitamin D Total ELISA test in July 2013. Moreover, DiaSorin received the FDA clearance for its newly developed LIAISON 25 OH Vitamin D TOTAL assay in February 2012. Thus, these product approvals will have a positive impact on the growth of the market.”
According to the report,one of the major drivers is the increase in the aging and chronically ill populations worldwide. Moreover, as a result of the changes in lifestyle and food habits, the majority of the population is prone to several diseases. This increases the demand for various diagnostic procedures, including vitamin D testing. Presently, vitamin D deficiency is associated with several diseases such as cancer, diabetes, heart attack, and depression.
Further, the report states that one of the major challenges is the stringent regulatory approval process for vitamin D testing devices, thus leading to delayed approval of devices.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-vitamin-d-testing-market-2014-2018
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/healthcare-chemicals-food-retail
Follow us on Twitter @ Technavio
TechNavio Announces the Publication of its Research Report -Global Vitamin D Testing Market 2014-2018
