Thyroid Function Test Market

SHERIDAN, WASHINGTON, UNITED STATES, July 25, 2022 /EINPresswire.com/ -- The global thyroid function test market size reached a US$ 1.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 2.0 Billion by 2027, exhibiting a CAGR of 6.1% during 2022-2027.

Thyroid function tests are used for measuring hormone levels in the blood. They aid healthcare professionals in diagnosing numerous diseases, such as thyroiditis, cancer, nodules, goiter, tumors, Hashimoto’s, Graves’, hyperthyroidism, hypothyroidism, etc. Some standard tests advised by doctors to evaluate thyroid function include thyroxine (T4), thyroglobulin, thyroid-stimulating hormone (TSH), triiodothyronine (T3), calcitonin, thyroid antibody, etc. Owing to the rising number of infants with medical conditions, such as thyrotropin receptor autoantibodies (TRAb), craniosynostosis, advanced bone age, etc., there is an increase in the demand for thyroid function tests.

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Thyroid Function Test Market Trends:

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Global Thyroid Function Test Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Abbott Laboratories, Autobio Diagnostics Co. Ltd, bioMérieux SA, Diagnostic Automation/Cortez Diagnostics Inc., DiaSorin S.p.A., F. Hoffmann-La Roche AG, Merck KGaA, Qualigen Inc., Quidel Corporation, Siemens AG, and Thermo Fisher Scientific Inc.

The report has segmented the market on the basis on region, test type, indication and end user.

Breakup by Test Type:

TSH Tests
T3 Tests
T4 Tests
Others

Breakup by Indication:

Hypothyroidism
Hyperthyroidism
Thyroid Cancer
Others

Breakup by End User:

Hospitals
Diagnostic Laboratories
Others

Breakup by Region:

North America: (United States, Canada)
Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa

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Key highlights of the report:

Market Performance (2016-2021)
Market Outlook (2022- 2027)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Zaya Roy
IMARC Services Private Limited
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