TechNavio, a company that provides market research reports, has just recently released a report predicting significant growth in the vitamin D testing market between 2014-2018.
Their report, called Global Vitamin D Testing Market 2014-2018, forecasts that the vitamin D testing market will grow at a rate of 32.36%. They attribute this mainly to the increase in aging and chronically ill populations globally.
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.”
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies.
TechNavio. TechNavio Announces the Publication of its Research Report – Global Vitamin D Testing Market 2014-2018. http://www.technavio.com, 2013.