Vitamin test Market Size

Global Vitamin Test Market Overview

Vitamin Test Market Size was valued at USD 0.52 Billion in 2023. The Vitamin Test Market industry is projected to grow from USD 0.544 Billion in 2024 to USD 0.76 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.25% during the forecast period (2024 - 2032). Consumer awareness of the relevance of vitamin testing for overall health and wellbeing is growing, as is demand for individualized nutrition and health solutions are the key market drivers enhancing the market growth.

Source Secondary Research, Primary Research, MRFR Database and Analyst Review

Everlywell, a prominent digital healthcare company that offers personalized, affordable, and convenient support for long-term health, has today announced the launch of a new offering: vitamins and supplements that are formulated with high-quality, evidence-backed ingredients. This expansion of its comprehensive health and wellness services is expected to take place in May 2022. Research indicates that the majority of Americans are not consuming an adequate amount of essential daily nutrients. Currently, individuals have the ability to obtain high-quality supplements and vitamins from the same reputable source that they currently use to locate lab testing, telehealth, prescriptions, and clinical support. Everlywell's current portfolio of nutritional health products includes at-home collection tests that are coupled with virtual care to assist individuals in navigating potential vitamin deficiencies, food-related symptoms, and metabolic hormone imbalances. Additional tests are anticipated to be introduced this year. Individuals can now obtain vitamins and supplements that are third-party tested, sourced from GMP-certified facilities, and formulated with high-quality, evidence-backed ingredients through Everlywell.

Vitamin Test Market Trends

• The rising prevalence of chronic diseases fuels market growth.

The business for vitamin tests is being pushed by the market CAGR for chronic illnesses, which is on the rise. Poor nutrition is commonly linked to chronic illnesses including obesity, diabetes, and heart disease, and deficiencies in specific vitamins and minerals can hasten the onset and progression of these conditions. As a result, there is a growing demand for tools and information that can assist individuals in monitoring their nutritional status and making informed decisions about their food and lifestyle. The vitamin test industry can benefit from this driver by offering individuals a tool to monitor their vitamin and mineral levels and identify any deficiencies or imbalances. This can assist individuals in making targeted dietary or lifestyle modifications to improve their health and prevent the onset of chronic diseases. A vitamin test, for example, may reveal that a person is lacking in vitamin B12, which can contribute to anemia, nerve damage, and other health issues. With this knowledge, the individual can take actions to boost their vitamin B12 intake through diet or supplements in order to lower their risk of getting certain illnesses.

Furthermore, the rising prevalence of chronic diseases is growing demand for personalized nutrition solutions that take an individual's specific nutritional needs and goals into account. Vitamin tests, which provide a baseline measurement of an individual's vitamin and mineral levels and can be used to construct tailored dietary programs, can play an important role in these solutions. Overall, the rising frequency of chronic diseases creates a substantial opportunity for the vitamin test market to offer innovative solutions to the healthcare industry and consumers.

Moreover, the vitamin test industry is being driven by an aging population. People's bodies become less efficient at absorbing and utilizing vitamins and minerals as they age, which can result in deficiencies and imbalances. This can lead to a variety of health issues, such as osteoporosis, cognitive decline, and immunological malfunction. As a result, there is a growing demand for tools and services that can assist older persons in monitoring their nutritional status and making informed food and lifestyle decisions. This driver can boost the vitamin test market by giving older folks a chance to measure their vitamin and mineral levels and identify any deficiencies or imbalances. This can assist older persons in making targeted dietary or lifestyle modifications to improve their health and prevent the emergence of age-related health problems. A vitamin test, for example, may reveal that an elderly person is lacking in vitamin D, which increases their risk of falls, fractures, and other health concerns. With this knowledge, the individual can boost their vitamin D intake by diet, supplementation, or sun exposure.

Vitamin Test Market Segment Insights

Vitamin Test Type Insights

The  Vitamin Test Market segmentation, based on type includes Vitamin B12 And Folic Acid Test, Folic Acid That Is (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, And A Series Of Other Tests That Include Vitamin B2 (Riboflavin) Test, Vitamin A (Retinol) Test, Vitamin B1 Test. The vitamin D 25 dihyroxy (calcitriol) test segment also dominates the market; it is one of the most significant and extensively used tests for determining Vitamin D levels in the body. Calcitriol is the active form of Vitamin D, and it regulates calcium and phosphorus levels in the body, as well as bone health, immunological function, and a variety of other physiological functions. The Vitamin D 25 dihyroxy (calcitriol) test measures the level of calcitriol in the blood, which can aid in the diagnosis of Vitamin D deficiency and other related diseases.

Vitamin Test Technology Insights

The  Vitamin Test Market segmentation, based on Technology, includes High-Performance Liquid Chromatography, (HPLC), Radioimmunoassay, ELISA Tests, Chemiluminescent Immunoassay (CLIA), And Liquid Chromatography-Tandem Mass Spectrometry. Due to its high sensitivity and specificity, liquid chromatography-tandem mass spectrometry is one of the fastest expanding technologies in the vitamin test market, allowing for more accurate and dependable measurements of vitamin levels. LC-MS is a more advanced approach that combines the separation capacity of liquid chromatography with the detection capability of mass spectrometry, and it is often used to measure vitamin D levels.

Vitamin Test End-User Industry Insights

The  Vitamin Test Market segmentation, based on End-User Industry includes Hospitals And Clinics, Ambulatory Surgical Centers, Diagnostic Centers, Research Centers, And Others. One of the largest and fastest-growing sectors of the vitamin test market is diagnostic centres. This is owing to an increase in the demand for accurate and dependable diagnostic tests for vitamin deficiencies. Vitamin levels are measured in diagnostic centres using a number of technologies and methodologies, including HPLC, LC-MS, and ELISA. They also include blood tests, urine tests, and imaging scans, among other diagnostic procedures.

Figure1  Vitamin Test Market, by End-User Industry, 2023 & 2032 (USD Billion)

Source Secondary Research, Primary Research, MRFR Database and Analyst Review

Vitamin Test Regional Insights

By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American Vitamin Test Market area will dominate this market, because of rising healthcare spending, the presence of streamlined facilities, and the extensive availability of at-home testing kits in the region.

Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure2  VITAMIN TEST MARKET SHARE BY REGION 2023 (USD Billion)

Source Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe Vitamin Test Market accounts for the second-largest market share because of the pharmaceutical industry's increased R&D. Technological improvements in the region drive the European market.. Further, the German Vitamin Test Market held the largest market share, and the UK Vitamin Test Market was the fastest growing market in the European region

The Asia-Pacific Vitamin Test Market is expected to grow at the fastest CAGR from 2023 to 2032. This is Because of expanding population and strategic mergers and acquisitions by significant organizations in the region. Moreover, China’s Vitamin Test Market held the largest market share, and the IndianVitamin Test Market was the fastest growing market in the Asia-Pacific region.

Vitamin Test Key Market Players& Competitive Insights

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Vitamin Test Market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their  footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Vitamin Testindustry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the  Vitamin Test industry to benefit clients and increase the market sector. In recent years, the Vitamin Test industry has offered some of the most significant advantages to medicine. Major players in the Vitamin Test Market, including F. Hoffmann-La Roche Ltd, DiaSorin S.p.A., Abbott, bioMérieux SA, Siemens Healthcare GmbH, Beckman Coulter, Inc.,and others, are attempting to increase market demand by investing in research and development operations.

Siemens Healthineers is a German manufacturer of medical devices. It is the parent firm of several medical technology companies and has its headquarters in Erlangen, Germany. In Berlin in 1847, Werner von Siemens co-founded a small family company that would later become the firm. In 2019, the company announced the acquisition of Corindus, a vascular robotics start-up, for $1.1 billion (€980 million).

Danaher Corporation is an American multinational conglomerate created in 1984 by brothers Stephen and Mitchell Rales. The corporation, headquartered in Washington, D.C., develops, manufactures, and industrial, markets medical, and commercial products and services. The company is named after Danaher Creek in Western Montana, where the Rales brothers first had the idea while fishing. In March 2020,  Danaher purchased the biopharma branch of General Electric Life Sciences for $21.4 billion and renamed it Cytiva. The unit manufactures pharmaceutical research and manufacturing equipment.

Key Companies in the Vitamin Test market include

• VitaMe Technologies Inc.


• ORGENTEC Diagnostika GmbH


• R-Biopharm AG


• Siemens AG


• DiaSorin S.p.A


• Abbott Laboratories


• Diazyme Laboratories


• ImmunoDiagnostics Inc


• Hoffman-La Roche

Vitamin Test Industry Developments

In April 2022, To meet the growing demand for vitamin D tests in Canada, Empower Clinics Inc. introduced the Vitamin D Rapid Testing Kit under the Medisure brand.

In November 2020, In the United States, OmegaQuant launched a Vitamin D Test with sample collection kits to help patients test their vitamin levels at home.

In Jan 2022, Empower Clinics Inc. announced that its subsidiary, MediSure Canada, has secured new Health Canada medical device licenses for MediSure healthcare products. It also holds a Class 2 Medical Device Licence (107206) for the commercialization of a MedisureTM Vitamin D Rapid Test ("Vitamin D Rapid Test") and a Class 3 Medical Device Licence for the commercialization of its next MediSureTM Empower Blood Glucose Monitoring System ("BGM").

Vitamin Test Market Segmentation

Vitamin Test Market By Type Outlook

• 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

Vitamin Test Market By Technology Outlook

• High-Performance Liquid Chromatography (HPLC)


• Radioimmunoassay


• ELISA Tests


• Chemiluminescent Immunoassay (CLIA)


• Liquid Chromatography-Tandem Mass Spectrometry

Vitamin Test Market By End-User Industry Outlook

• Hospitals And Clinics


• Ambulatory Surgical Centers


• Diagnostic Centers


• Research Centers


•  

Vitamin Test Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Australia
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East
  
  
  • Africa
  
  
  • Latin America