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Quest Diagnostics (DGX) Debuts Micronutrient Deficiency Panels
Quest DiagnosticsQuest Diagnostics(US:DGX) ZACKSยท2024-08-19 13:10

Company Overview - Quest Diagnostics has launched 13 blood tests aimed at evaluating micronutrient deficiencies, available for consumer purchase exclusively on questhealth.com [1] - The tests are priced between $65 and $299, with plans to introduce more tests in the near future [2] Relevance of the Tests - Micronutrient deficiencies are common and can result from food allergies, dietary restrictions, certain medications, or chronic health conditions, with at least one in three Americans at risk [3] - Approximately 48.6% of individuals have used at least one prescription drug in the past 30 days, and 60% of Americans live with at least one chronic disease, both of which are linked to potential micronutrient deficiencies [4] Industry Prospects - The vitamin test market was valued at $0.52 billion in 2023 and is projected to grow at a CAGR of 4.3% by 2032, driven by increasing consumer awareness and demand for personalized health solutions [7] Recent Developments - A study by Quest Diagnostics and the University of Alabama highlighted gaps in laboratory testing and treatment for STIs among pregnant women, indicating a need for improved adherence to testing guidelines [8][9] - The company previously launched a Vitamin & Nutrition lab test category targeting consumers with specific dietary lifestyles [6]