South Korea Vitamin D Testing Market Size & Outlook
South Korea vitamin d testing market, 2018-2030 (US$M)
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South Korea vitamin d testing market highlights
- The South Korea vitamin d testing market generated a revenue of USD 20.5 million in 2023 and is expected to reach USD 44.0 million by 2030.
- The South Korea market is expected to grow at a CAGR of 11.5% from 2024 to 2030.
- In terms of segment, 25-hydroxyvitamin d test was the largest revenue generating test type in 2023.
- 25-hydroxyvitamin D Test is the most lucrative test type segment registering the fastest growth during the forecast period.
Vitamin d testing market data book summary
| Market revenue in 2023 | USD 20.5 million |
| Market revenue in 2030 | USD 44.0 million |
| Growth rate | 11.5% (CAGR from 2023 to 2030) |
| Largest segment | 25-hydroxyvitamin d test |
| Fastest growing segment | 25-hydroxyvitamin D Test |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | 25-hydroxyvitamin D Test, 1, 25-Dihydroxy Vitamin D Test |
| Key market players worldwide | Abbott Laboratories, Danaher Corp, Roche Holding AG, Siemens Healthineers AG ADR, Quest Diagnostics Inc, BioMerieux SA, Diasorin SpA, Thermo Fisher Scientific Inc, Beckman Coulter, Tosoh Corp |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.2% of the global vitamin d testing market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China vitamin d testing market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 62.7 million by 2030.
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Vitamin D Testing Market Scope
Vitamin D Testing Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea vitamin d testing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to vitamin d testing market will help companies and investors design strategic landscapes.
25-hydroxyvitamin d test was the largest segment with a revenue share of 79.51% in 2023. Horizon Databook has segmented the South Korea vitamin d testing market based on 25-hydroxyvitamin d test, 1, 25-dihydroxy vitamin d test covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of South Korea vitamin d testing market databook
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Our clientele includes a mix of vitamin d testing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea vitamin d testing market , including forecasts for subscribers. This country databook contains high-level insights into South Korea vitamin d testing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea vitamin d testing market size, by test type, 2018-2030 (US$M)
South Korea Vitamin D Testing Market Outlook Share, 2023 & 2030 (US$M)
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