Global Thyroid Function Test Market is expected to reach USD 1.99 billion by 2025, from USD 1.19 billion in 2017, growing at a CAGR of 5.90% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2016 and the forecast period is 2018 to 2025.
Global Thyroid Function Test Market,
- By Type (TSH Tests, T3RU, T4 Tests, T3 Tests, Other Tests), By End User (Hospitals, Diagnostic Laboratories, Research Laboratories & Institutes, Clinics, Acute Care Centers, Other)
- End Users(Hospitals, Diagnostic Laboratories, Research Laboratories and Institutes, Other End Users)
- By Geography (APAC, Europe, Middle East, Africa, North America & South America)– Industry Trends and Forecast to 2025
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Global Thyroid Function Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of thyroid function market for global, Europe, North America, Asia Pacific and South America.
Major Market Drivers and Restraints:
- Increasing prevalence of lifestyle diseases.
- Rising geriatric population.
- Increasing alcohol and tobacco consumption.
- Unfavourable healthcare reforms in the United States
Major Market Competitors:
Some of the major players operating in the global thyroid function market are:-
- Autobio Diagnostics Thermo Fisher,
- Abbott Laboratories,
- Kronus, Merck & Co. Inc.,
- Cortez Diagnostics/Cortez Diagnostics,
- and Autobio Diagnostics,
- S. Serum Analysis Centre Private Limited,
- Laboratory Corpor ation of America,
- Dr. Westin Childs,
- Request A Test,
- Kronus, Beckman Coulter Inc.,
- Siemens Healthcare GmbH and
- Chemocare among others.
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Thyroid stimulating hormone or TSH is a hormone produced by pituitary gland. TSH is one of the primary hormones that aids in the conduction of a plethora of vital bodily activities including regulation of metabolism in the body, it also releases hormones by the thyroid gland. Amount of TSH present in the bloodstream can be measured by TSH tests.
Sensitive diagnostic procedures are frequently used recently, they include ultrasound, doppler examination, imaging techniques (CT scan, MRI or PET scanning, and biochemical markers), has increased the detection of many types of cancer. Only 40% of thyroid nodules that are smaller than 1.5 cm in maximum diameter can be discovered at the time of physical examination for thyroid concern, Ultrasound and cytology examinations have identified an increasing number of small, asymptomatic thyroid cancers.
Table of Contents
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
9. Industry Type
10.2. North America
10.5. South America
10.6. Middle East & Africa
11. Company Landscape
12. Company Profiles
13. Related Reports
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