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Global Thyroid Function Testing Market Size, Share & Trends Analysis Report by Test Type (TSH Test, T4 Test, T3 Test, Free T4 Test), End-use (Clinics, Diagnostic Laboratories, Hospitals, Research Laboratories & Institutes), Region, and Segment Forecasts, 2024-2030

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    Report

  • 125 Pages
  • March 2024
  • Region: Global
  • Grand View Research
  • ID: 5950085
Description Jump to:
The global thyroid function testing market size is anticipated to reach USD 7.27 billion by 2030, registering a CAGR of 6.31% from 2024 to 2030. Thyroid disorders encompass a spectrum of medical conditions affecting the thyroid gland, which plays a crucial role in regulating various metabolic processes, including energy production and consumption. These disorders can manifest in different forms, such as hyperthyroidism, indicating excessive thyroid activity, and hypothyroidism, indicating inadequate thyroid function. Accurate assessment is essential for diagnosing and managing thyroid disorders.

Thyroid function tests (TFTs) measure levels of thyroid hormones, including thyroxine (T4) and triiodothyronine (T3), as well as thyroid-stimulating hormone (TSH), providing insights into thyroid gland function and guiding treatment decisions. The history of testing dates back to the early 20th century when researchers began studying the gland's metabolic activity. Initially, diagnosis relied on palpation and clinical symptom observation. However, advancements in understanding thyroid function led to the development of more sophisticated testing methodologies. The introduction of radioimmunoassay (RIA) in the mid-20th century revolutionized testing by allowing precise quantification of thyroid hormones, improving diagnostic accuracy. Subsequent advancements in immunoassay technology, such as enzyme-linked immunosorbent assay (ELISA), further enhanced the sensitivity and precision of TFTs.

The 21st century saw the emergence of molecular testing, enabling the identification of genetic variants associated with thyroid malignancies. Molecular assays targeting genetic alterations like BRAF and RAS mutations have improved risk assessment for thyroid nodules and guided personalized treatment strategies. Immunoassays remain a cornerstone in thyroid function testing, offering high sensitivity and specificity. While RIA was a groundbreaking method, concerns about radiation exposure led to the adoption of non-radioactive alternatives like ELISA, which provides comparable precision with improved safety. Recent advancements in immunoassay technologies, such as chemiluminescent immunoassays, have further enhanced the sensitivity & range of detection in thyroid function testing.

These developments have significantly improved the precision & effectiveness of TFTs, aiding in the diagnosis & management of thyroid disorders. Automation has also played a pivotal role in transforming laboratory procedures, particularly in thyroid function testing. Automated platforms offer several advantages, including increased operational efficiency, reduced turnaround times, and decreased potential for errors. These systems allow simultaneous analysis of multiple samples, making them particularly beneficial in high-volume settings. The integration of automation has streamlined laboratory workflows, ensuring consistent and reproducible results.

Thyroid Function Testing Market Report Highlights

  • The TSH test segment dominated the market and is anticipated to grow at the fastest CAGR from 2024 to 2030 owing to the widespread disease prevalence
  • The free T4 test segment is anticipated to grow at a significant CAGR from 2024 to 2030 due to the increasing disease prevalence across the globe and rising awareness about the importance of early detection & management of thyroid diseases
  • The hospitals segment led the market in 2023 due to the growing geriatric population, which is more susceptible to thyroid dysfunction and expanding healthcare infrastructure in developing regions
  • The diagnostic laboratories segment is expected to grow at a significant CAGR from 2024 to 2030 owing to the rising prevalence of thyroid disorders, growing awareness among individuals about the importance of thyroid health, and demand for preventive healthcare
  • North America dominated the global market in 2023 owing to factors, such as the presence of major players and favorable government initiatives aimed at raising disease awareness


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Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Segment Definitions
1.2.1. Test Type
1.2.2. End-use
1.2.3. Regional scope
1.2.4. Estimates and forecasts timeline
1.3. Research Methodology
1.4. Information Procurement
1.4.1. Purchased database
1.4.2. Internal database
1.4.3. Secondary sources
1.4.4. Primary research
1.4.5. Details of primary research
1.4.5.1. Data for primary interviews in North America
1.4.5.2. Data for primary interviews in Europe
1.4.5.3. Data for primary interviews in Asia Pacific
1.4.5.4. Data for primary interviews in Latin America
1.4.5.5. Data for primary interviews in MEA
1.5. Information or Data Analysis
1.5.1. Data analysis models
1.6. Market Formulation & Validation
1.7. Model Details
1.7.1. Commodity flow analysis (Model 1)
1.7.2. Approach 1: Commodity flow approach
1.7.3. Volume price analysis (Model 2)
1.7.4. Approach 2: Volume price analysis
1.8. List of Secondary Sources
1.9. List of Primary Sources
1.10. Objectives
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.2.1. Test Type and end-use outlook
2.2.2. Regional outlook
2.3. Competitive Insights
Chapter 3. Thyroid Function Testing Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent market outlook
3.1.2. Related/ancillary market outlook
3.2. Market Dynamics
3.2.1. Market driver analysis
3.2.1.1. Increasing incidence of thyroid disorders
3.2.1.2. Increasing awareness about thyroid disorders
3.2.1.3. Increasing government support
3.2.2. Market restraint analysis
3.2.2.1. Problems Associated with Interpretation of Thyroid Blood Tests
3.3. Thyroid Function Testing Market Analysis Tools
3.3.1. Industry Analysis - Porter’s
3.3.1.1. Supplier power
3.3.1.2. Buyer power
3.3.1.3. Substitution threat
3.3.1.4. Threat of new entrant
3.3.1.5. Competitive rivalry
3.3.2. PESTEL Analysis
3.3.2.1. Political landscape
3.3.2.2. Technological landscape
3.3.2.3. Economic landscape
3.3.3. Pricing Analysis
3.3.4. Volume Analysis (Instruments)
Chapter 4. Thyroid Function Testing Market: Test Type Estimates & Trend Analysis
4.1. Global Thyroid Function Testing Market: Test Type Dashboard
4.2. Global Thyroid Function Testing Market: Test Type Movement Analysis
4.3. Global Thyroid Function Testing Market by Test Type, Revenue
4.4. TSH Test
4.4.1. TSH test market estimates and forecasts 2018 to 2030 (USD Million)
4.5. T4 Test
4.5.1. T4 test market estimates and forecasts 2018 to 2030 (USD Million)
4.6. T3 Test
4.6.1. T3 test market estimates and forecasts 2018 to 2030 (USD Million)
4.7. Free T4 Test
4.7.1. Free T4 test market estimates and forecasts 2018 to 2030 (USD Million)
4.8. Free T3 Test
4.8.1. Free T3 test market estimates and forecasts 2018 to 2030 (USD Million)
4.9. Others
4.9.1. Others market estimates and forecasts 2018 to 2030 (USD Million)
Chapter 5. Thyroid Function Testing Market: End-use Estimates & Trend Analysis
5.1. Global Thyroid Function Testing Market: End use Dashboard
5.2. Global Thyroid Function Testing Market: End use Movement Analysis
5.3. Global Thyroid Function Testing Market by End use, Revenue
5.4. Clinics
5.4.1. Clinics market estimates and forecasts 2018 to 2030 (USD Million)
5.5. Diagnostic Laboratories
5.5.1. Diagnostic laboratories market estimates and forecasts 2018 to 2030 (USD Million)
5.6. Hospitals
5.6.1. Hospitals market estimates and forecasts 2018 to 2030 (USD Million)
5.7. Research Laboratories & Institutes
5.7.1. Research laboratories and institutes market estimates and forecasts 2018 to 2030 (USD Million)
Chapter 6. Thyroid Function Testing Market: Regional Estimates & Trend Analysis by, Test Type and End-use
6.1. Regional Dashboard
6.2. Market Size, & Forecasts Trend Analysis, 2018 to 2030:
6.3. North America
6.3.1. U.S.
6.3.1.1. Key country dynamics
6.3.1.2. Regulatory framework/ reimbursement structure
6.3.1.3. Competitive scenario
6.3.1.4. U.S. market estimates and forecasts 2018 to 2030 (USD Million)
6.3.2. Canada
6.3.2.1. Key country dynamics
6.3.2.2. Regulatory framework/ reimbursement structure
6.3.2.3. Competitive scenario
6.3.2.4. Canada market estimates and forecasts 2018 to 2030 (USD Million)
6.4. Europe
6.4.1. UK
6.4.1.1. Key country dynamics
6.4.1.2. Regulatory framework/ reimbursement structure
6.4.1.3. Competitive scenario
6.4.1.4. UK market estimates and forecasts 2018 to 2030 (USD Million)
6.4.2. Germany
6.4.2.1. Key country dynamics
6.4.2.2. Regulatory framework/ reimbursement structure
6.4.2.3. Competitive scenario
6.4.2.4. Germany market estimates and forecasts 2018 to 2030 (USD Million)
6.4.3. France
6.4.3.1. Key country dynamics
6.4.3.2. Regulatory framework/ reimbursement structure
6.4.3.3. Competitive scenario
6.4.3.4. France market estimates and forecasts 2018 to 2030 (USD Million)
6.4.4. Italy
6.4.4.1. Key country dynamics
6.4.4.2. Regulatory framework/ reimbursement structure
6.4.4.3. Competitive scenario
6.4.4.4. Italy market estimates and forecasts 2018 to 2030 (USD Million)
6.4.5. Spain
6.4.5.1. Key country dynamics
6.4.5.2. Regulatory framework/ reimbursement structure
6.4.5.3. Competitive scenario
6.4.5.4. Spain market estimates and forecasts 2018 to 2030 (USD Million)
6.4.6. Norway
6.4.6.1. Key country dynamics
6.4.6.2. Regulatory framework/ reimbursement structure
6.4.6.3. Competitive scenario
6.4.6.4. Norway market estimates and forecasts 2018 to 2030 (USD Million)
6.4.7. Sweden
6.4.7.1. Key country dynamics
6.4.7.2. Regulatory framework/ reimbursement structure
6.4.7.3. Competitive scenario
6.4.7.4. Sweden market estimates and forecasts 2018 to 2030 (USD Million)
6.4.8. Denmark
6.4.8.1. Key country dynamics
6.4.8.2. Regulatory framework/ reimbursement structure
6.4.8.3. Competitive scenario
6.4.8.4. Denmark market estimates and forecasts 2018 to 2030 (USD Million)
6.5. Asia Pacific
6.5.1. Japan
6.5.1.1. Key country dynamics
6.5.1.2. Regulatory framework/ reimbursement structure
6.5.1.3. Competitive scenario
6.5.1.4. Japan market estimates and forecasts 2018 to 2030 (USD Million)
6.5.2. China
6.5.2.1. Key country dynamics
6.5.2.2. Regulatory framework/ reimbursement structure
6.5.2.3. Competitive scenario
6.5.2.4. China market estimates and forecasts 2018 to 2030 (USD Million)
6.5.3. India
6.5.3.1. Key country dynamics
6.5.3.2. Regulatory framework/ reimbursement structure
6.5.3.3. Competitive scenario
6.5.3.4. India market estimates and forecasts 2018 to 2030 (USD Million)
6.5.4. Australia
6.5.4.1. Key country dynamics
6.5.4.2. Regulatory framework/ reimbursement structure
6.5.4.3. Competitive scenario
6.5.4.4. Australia market estimates and forecasts 2018 to 2030 (USD Million)
6.5.5. South Korea
6.5.5.1. Key country dynamics
6.5.5.2. Regulatory framework/ reimbursement structure
6.5.5.3. Competitive scenario
6.5.5.4. South Korea market estimates and forecasts 2018 to 2030 (USD Million)
6.5.6. Thailand
6.5.6.1. Key country dynamics
6.5.6.2. Regulatory framework/ reimbursement structure
6.5.6.3. Competitive scenario
6.5.6.4. Thailand market estimates and forecasts 2018 to 2030 (USD Million)
6.6. Latin America
6.6.1. Brazil
6.6.1.1. Key country dynamics
6.6.1.2. Regulatory framework/ reimbursement structure
6.6.1.3. Competitive scenario
6.6.1.4. Brazil market estimates and forecasts 2018 to 2030 (USD Million)
6.6.2. Mexico
6.6.2.1. Key country dynamics
6.6.2.2. Regulatory framework/ reimbursement structure
6.6.2.3. Competitive scenario
6.6.2.4. Mexico market estimates and forecasts 2018 to 2030 (USD Million)
6.6.3. Argentina
6.6.3.1. Key country dynamics
6.6.3.2. Regulatory framework/ reimbursement structure
6.6.3.3. Competitive scenario
6.6.3.4. Argentina market estimates and forecasts 2018 to 2030 (USD Million)
6.7. MEA
6.7.1. South Africa
6.7.1.1. Key country dynamics
6.7.1.2. Regulatory framework/ reimbursement structure
6.7.1.3. Competitive scenario
6.7.1.4. South Africa market estimates and forecasts 2018 to 2030 (USD Million)
6.7.2. Saudi Arabia
6.7.2.1. Key country dynamics
6.7.2.2. Regulatory framework/ reimbursement structure
6.7.2.3. Competitive scenario
6.7.2.4. Saudi Arabia market estimates and forecasts 2018 to 2030 (USD Million)
6.7.3. UAE
6.7.3.1. Key country dynamics
6.7.3.2. Regulatory framework/ reimbursement structure
6.7.3.3. Competitive scenario
6.7.3.4. UAE market estimates and forecasts 2018 to 2030 (USD Million)
6.7.4. Kuwait
6.7.4.1. Key country dynamics
6.7.4.2. Regulatory framework/ reimbursement structure
6.7.4.3. Competitive scenario
6.7.4.4. Kuwait market estimates and forecasts 2018 to 2030 (USD Million)
Chapter 7. Competitive Landscape
7.1. Recent Developments & Impact Analysis, By Key Market Participants
7.2. Company/Competition Categorization
7.3. Vendor Landscape
7.3.1. List of key distributors and channel partners
7.3.2. Key customers
7.3.3. Key company market share analysis, 2023
7.3.4. Quest Diagnostics
7.3.4.1. Company overview
7.3.4.2. Financial performance
7.3.4.3. Product benchmarking
7.3.4.4. Strategic initiatives
7.3.5. Laboratory Corporation of America Holdings
7.3.5.1. Company overview
7.3.5.2. Financial performance
7.3.5.3. Product benchmarking
7.3.5.4. Strategic initiatives
7.3.6. Ulta Lab Tests, LLC
7.3.6.1. Company overview
7.3.6.2. Financial performance
7.3.6.3. Product benchmarking
7.3.6.4. Strategic initiatives
7.3.7. DHA Laboratory
7.3.7.1. Company overview
7.3.7.2. Financial performance
7.3.7.3. Product benchmarking
7.3.7.4. Strategic initiatives
7.3.8. Everlywell, Inc
7.3.8.1. Company overview
7.3.8.2. Financial performance
7.3.8.3. Product benchmarking
7.3.8.4. Strategic initiatives
7.3.9. ZRT Laboratory
7.3.9.1. Company overview
7.3.9.2. Financial performance
7.3.9.3. Product benchmarking
7.3.9.4. Strategic initiatives
7.3.10. Paloma
7.3.10.1. Company overview
7.3.10.2. Financial performance
7.3.10.3. Product benchmarking
7.3.10.4. Strategic initiatives
7.3.11. LifeLabs
7.3.11.1. Company overview
7.3.11.2. Financial performance
7.3.11.3. Product benchmarking
7.3.11.4. Strategic initiatives
7.3.12. Neuberg Diagnostics Pvt. Ltd.
7.3.12.1. Company overview
7.3.12.2. Financial performance
7.3.12.3. Product benchmarking
7.3.12.4. Strategic initiatives
7.3.13. Thyrocare
7.3.13.1. Company overview
7.3.13.2. Financial performance
7.3.13.3. Product benchmarking
7.3.13.4. Strategic initiatives
List of Tables
Table 1 List of abbreviation
Table 2 North America thyroid function testing market, by region, 2018 - 2030 (USD Million)
Table 3 North America thyroid function testing market, by test type, 2018 - 2030 (USD Million)
Table 4 North America thyroid function testing market, by end-use, 2018 - 2030 (USD Million)
Table 5 U.S. thyroid function testing market, by test type, 2018 - 2030 (USD Million)
Table 6 U.S. thyroid function testing market, by end-use, 2018 - 2030 (USD Million)
Table 7 Canada thyroid function testing market, by test type, 2018 - 2030 (USD Million)
Table 8 Canada thyroid function testing market, by end-use, 2018 - 2030 (USD Million)
Table 9 Europe thyroid function testing market, by region, 2018 - 2030 (USD Million)
Table 10 Europe thyroid function testing market, by test type, 2018 - 2030 (USD Million)
Table 11 Europe thyroid function testing market, by end-use, 2018 - 2030 (USD Million)
Table 12 Germany thyroid function testing market, by test type, 2018 - 2030 (USD Million)
Table 13 Germany thyroid function testing market, by end-use, 2018 - 2030 (USD Million)
Table 14 UK thyroid function testing market, by test type, 2018 - 2030 (USD Million)
Table 15 UK thyroid function testing market, by end-use, 2018 - 2030 (USD Million)
Table 16 France thyroid function testing market, by test type, 2018 - 2030 (USD Million)
Table 17 France thyroid function testing market, by end-use, 2018 - 2030 (USD Million)
Table 18 Italy thyroid function testing market, by test type, 2018 - 2030 (USD Million)
Table 19 Italy thyroid function testing market, by end-use, 2018 - 2030 (USD Million)
Table 20 Spain thyroid function testing market, by test type, 2018 - 2030 (USD Million)
Table 21 Spain thyroid function testing market, by end-use, 2018 - 2030 (USD Million)
Table 22 Denmark thyroid function testing market, by test type, 2018 - 2030 (USD Million)
Table 23 Denmark thyroid function testing market, by end-use, 2018 - 2030 (USD Million)
Table 24 Sweden thyroid function testing market, by test type, 2018 - 2030 (USD Million)
Table 25 Sweden thyroid function testing market, by end-use, 2018 - 2030 (USD Million)
Table 26 Norway thyroid function testing market, by test type, 2018 - 2030 (USD Million)
Table 27 Norway thyroid function testing market, by end-use, 2018 - 2030 (USD Million)
Table 28 Asia Pacific thyroid function testing market, by region, 2018 - 2030 (USD Million)
Table 29 Asia Pacific thyroid function testing market, by test type, 2018 - 2030 (USD Million)
Table 30 Asia Pacific thyroid function testing market, by end-use, 2018 - 2030 (USD Million)
Table 31 China thyroid function testing market, by test type, 2018 - 2030 (USD Million)
Table 32 China thyroid function testing market, by end-use, 2018 - 2030 (USD Million)
Table 33 Japan thyroid function testing market, by test type, 2018 - 2030 (USD Million)
Table 34 Japan thyroid function testing market, by end-use, 2018 - 2030 (USD Million)
Table 35 India thyroid function testing market, by test type, 2018 - 2030 (USD Million)
Table 36 India thyroid function testing market, by end-use, 2018 - 2030 (USD Million)
Table 37 South Korea thyroid function testing market, by test type, 2018 - 2030 (USD Million)
Table 38 South Korea thyroid function testing market, by end-use, 2018 - 2030 (USD Million)
Table 39 Australia thyroid function testing market, by test type, 2018 - 2030 (USD Million)
Table 40 Australia thyroid function testing market, by end-use, 2018 - 2030 (USD Million)
Table 41 Thailand thyroid function testing market, by test type, 2018 - 2030 (USD Million)
Table 42 Thailand thyroid function testing market, by end-use, 2018 - 2030 (USD Million)
Table 43 Latin America thyroid function testing market, by region, 2018 - 2030 (USD Million)
Table 44 Latin America thyroid function testing market, by test type, 2018 - 2030 (USD Million)
Table 45 Latin America thyroid function testing market, by end-use, 2018 - 2030 (USD Million)
Table 46 Brazil thyroid function testing market, by test type, 2018 - 2030 (USD Million)
Table 47 Brazil thyroid function testing market, by end-use, 2018 - 2030 (USD Million)
Table 48 Mexico thyroid function testing market, by test type, 2018 - 2030 (USD Million)
Table 49 Mexico thyroid function testing market, by end-use, 2018 - 2030 (USD Million)
Table 50 Argentina thyroid function testing market, by test type, 2018 - 2030 (USD Million)
Table 51 Argentina thyroid function testing market, by end-use, 2018 - 2030 (USD Million)
Table 52 MEA thyroid function testing market, by region, 2018 - 2030 (USD Million)
Table 53 MEA thyroid function testing market, by test type, 2018 - 2030 (USD Million)
Table 54 MEA thyroid function testing market, by end-use, 2018 - 2030 (USD Million)
Table 55 South Africa thyroid function testing market, by test type, 2018 - 2030 (USD Million)
Table 56 South Africa thyroid function testing market, by end-use, 2018 - 2030 (USD Million)
Table 57 Saudi Arabia thyroid function testing market, by test type, 2018 - 2030 (USD Million)
Table 58 Saudi Arabia thyroid function testing market, by end-use, 2018 - 2030 (USD Million)
Table 59 UAE thyroid function testing market, by test type, 2018 - 2030 (USD Million)
Table 60 UAE thyroid function testing market, by end-use, 2018 - 2030 (USD Million)
Table 61 Kuwait thyroid function testing market, by test type, 2018 - 2030 (USD Million)
Table 62 Kuwait thyroid function testing market, by end-use, 2018 - 2030 (USD Million)
List of Figures
Fig. 1 Market research process
Fig. 2 Data triangulation types
Fig. 3 Primary research pattern
Fig. 4 Primary interviews in North America
Fig. 5 Primary interviews in Europe
Fig. 6 Primary interviews in APAC
Fig. 7 Primary interviews in Latin America
Fig. 8 Primary interviews in MEA
Fig. 9 Market research approaches
Fig. 10 Value-chain-based sizing & forecasting
Fig. 11 QFD modeling for market share assessment
Fig. 12 Market formulation & validation
Fig. 13 Thyroid function testing market: market outlook
Fig. 14 Thyroid function testing competitive insights
Fig. 15 Parent market outlook
Fig. 16 Related/ancillary market outlook
Fig. 17 Thyroid function testing market driver impact
Fig. 18 Thyroid function testing market restraint impact
Fig. 19 Thyroid function testing market: Test Type movement analysis
Fig. 20 Thyroid function testing market: Test Type outlook and key takeaways
Fig. 21 TSH test market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 22 T4 test estimates and forecast, 2018 - 2030 (USD Million)
Fig. 23 T3 test market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 24 Free T4 test market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 25 Free T3 Test estimates and forecast, 2018 - 2030 (USD Million)
Fig. 26 Others market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 27 Thyroid function testing market: End-use movement analysis
Fig. 28 Thyroid function testing market: End-use outlook and key takeaways
Fig. 29 Clinics market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 30 Diagnostic Laboratories estimates and forecast, 2018 - 2030 (USD Million)
Fig. 31 Hospitals market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 32 Research laboratories and institutes market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 33 Global thyroid function testing market: Regional movement analysis
Fig. 34 Global thyroid function testing market: Regional outlook and key takeaways
Fig. 35 Global thyroid function testing market share and leading players
Fig. 36 North America, by country
Fig. 37 North America market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 38 U.S. key country dynamics
Fig. 39 U.S. market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 40 Canada key country dynamics
Fig. 41 Canada market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 42 Europe market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 43 UK key country dynamics
Fig. 44 UK market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 45 Germany key country dynamics
Fig. 46 Germany market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 47 France key country dynamics
Fig. 48 France market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 49 Italy key country dynamics
Fig. 50 Italy market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 51 Spain key country dynamics
Fig. 52 Spain market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 53 Denmark key country dynamics
Fig. 54 Denmark market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 55 Sweden key country dynamics
Fig. 56 Sweden market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 57 Norway key country dynamics
Fig. 58 Norway market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 59 Asia Pacific market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 60 China key country dynamics
Fig. 61 China market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 62 Japan key country dynamics
Fig. 63 Japan market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 64 India key country dynamics
Fig. 65 India market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 66 Thailand key country dynamics
Fig. 67 Thailand market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 68 South Korea key country dynamics
Fig. 69 South Korea market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 70 Australia key country dynamics
Fig. 71 Australia market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 72 Latin America market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 73 Brazil key country dynamics
Fig. 74 Brazil market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 75 Mexico key country dynamics
Fig. 76 Mexico market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 77 Argentina key country dynamics
Fig. 78 Argentina market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 79 Middle East and Africa market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 80 South Africa key country dynamics
Fig. 81 South Africa market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 82 Saudi Arabia key country dynamics
Fig. 83 Saudi Arabia market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 84 UAE key country dynamics
Fig. 85 UAE market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 86 Kuwait key country dynamics
Fig. 87 Kuwait market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 88 Market share of key market players- Thyroid function testing market

Companies Mentioned

  • Quest Diagnostics
  • Laboratory Corporation of America Holdings
  • Ulta Lab Tests, LLC
  • DHA Laboratory
  • Everlywell, Inc
  • ZRT Laboratory
  • Paloma
  • LifeLabs
  • Neuberg Diagnostics Pvt. Ltd.
  • Thyrocare

Methodology

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Table Information

Report AttributeDetails
No. of Pages125
PublishedMarch 2024
Forecast Period2023 - 2030
Estimated Market Value ( USD ) in 2023 $ 4.79 Billion
Forecasted Market Value ( USD ) by 2030 $ 7.27 Billion
Compound Annual Growth Rate6.3%
Regions CoveredGlobal
No. of Companies Mentioned10

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About the Thyroid Function Test Market

The Thyroid Function Test market is a segment of the Diagnostics industry that focuses on the detection and diagnosis of thyroid-related disorders. It is a laboratory test that measures the levels of hormones produced by the thyroid gland, which helps to diagnose and monitor thyroid diseases. The test is used to detect and diagnose conditions such as hyperthyroidism, hypothyroidism, and thyroid cancer. It is also used to monitor the effectiveness of treatments for thyroid disorders. The Thyroid Function Test market is driven by the increasing prevalence of thyroid disorders, the growing awareness of the importance of early diagnosis and treatment, and the availability of advanced diagnostic technologies. The market is also supported by the increasing demand for personalized healthcare and the growing demand for point-of-care testing. Some of the major companies in the Thyroid Function Test market include Abbott Laboratories, Siemens Healthineers, Roche Diagnostics, Thermo Fisher Scientific, and Quest Diagnostics. Show Less Read more

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