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Global Thyroid Function Test Market Size study & Forecast, by Test (TSH Test, T4 Test, T3 Test, and Other Tests), by End User (Hospital, Diagnostic Laboratory, and Other End Users), and Regional Analysis, 2023-2030

May 2023 | 200 pages | ID: GA5D36634E4FEN
Bizwit Research & Consulting LLP

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Global Thyroid Function Test Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than 6.3% over the forecast period 2023-2030. Blood tests are performed as part of a thyroid function test to determine whether thyroid hormone levels are adequate. These blood tests can determine if the thyroid's ability to produce hormones is normal, excessive, or insufficient. It involves many test kinds as T3, T4, TSH, and T3RU. Furthermore, these tests are performed at diagnostic facilities that have the tools needed to perform them by medical experts. These tests are furthermore performed at hospitals where medical professionals diagnose thyroid-related disorders. The market growth is driven by significant factors such as the rising burden of thyroid disorders, increasing consumption of tobacco and alcohol, and a sedentary lifestyle.
Due to sedentary lifestyles, smoking, drinking alcohol, and eating unhealthy meals are becoming more and more common in developed and developing nations, which causes major thyroid diseases. According to GLOBOCAN figures that were updated in 2020, there were an estimated 586,000 new cases of thyroid cancer in 2020, and that number is projected to rise to 761,000 by 2040. As a result, the high incidence of thyroid eye disease supports research and development efforts in the market under study, which will also substantially contribute to market growth. Furthermore, according to a report by American Cancer Society Inc., 11,860 men and 31,940 women are anticipated to get thyroid cancer in the United States in 2022, totaling 43,800 new cases. The market is thus predicted to grow as a result of the high prevalence of thyroid cancer in the nation and the need for thyroid function testing for early detection. Moreover, Growth opportunities in emerging markets enhance the opportunities for the market. However, a Lack of awareness in underdeveloped nations stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Thyroid Function Test Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East Africa. North America is expected to maintain its position as the leading and fastest-growing region in the thyroid function test market in the coming years, driven by factors such as a high prevalence of thyroid disorders, technological advancements, and favorable reimbursement policies.

Major market player included in this report are:

Sykam GmbH (Germany)
Merck KGaA
Shimadzu Corporation
Daicel Corporation
Thermo Fisher Scientific Inc.
Agilent Technologies
Waters Corporation
Bio-Rad Laboratories Inc.
Danaher Corporation (Phenomenex Inc.)
General Electric Company (GE Healthcare)

Recent Developments in the Market:
In May 2022, The TRAb test for the detection and treatment of Graves disease was interoduced.The most typical cause of hyperthyroidism is Graves' disease.
On World Thyroid Day in May 2022, Thyrocare Technologies Limited opened a brand-new laboratory that will offer nationwide diagnostic testing that meets international standards of excellence at competitive pricing.

Global Thyroid Function Test Market Report Scope:
Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered – Test, End User, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East Africa
Customization Scope - Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Test:
TSH Test
T4 Test
T3 Test
Other Tests

By End User:

Hospital
Diagnostic Laboratory
Other End Users

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
ROLA
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
  1.2.1. Thyroid Function Test Market, by region, 2020-2030 (USD Billion)
  1.2.2. Thyroid Function Test Market, by Test, 2020-2030 (USD Billion)
  1.2.3. Thyroid Function Test Market, by End Use, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL THYROID FUNCTION TEST MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Industry Evolution
  2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL THYROID FUNCTION TEST MARKET DYNAMICS

3.1. Thyroid Function Test Market Impact Analysis (2020-2030)
  3.1.1. Market Drivers
    3.1.1.1. Rising End Use of chiral chromatography columns in biotechnology and pharmaceutical sectors
    3.1.1.2. Growing R&D and clinical trials worldwide
  3.1.2. Market Challenges
    3.1.2.1. High cost of chromatography equipment
  3.1.3. Market Opportunities
    3.1.3.1. Growth opportunities in emerging countries

CHAPTER 4. GLOBAL THYROID FUNCTION TEST MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
  4.3.5. Environmental
  4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL THYROID FUNCTION TEST MARKET, BY TEST

5.1. Market Snapshot
5.2. Global Thyroid Function Test Market by Test, Performance - Potential Analysis
5.3. Global Thyroid Function Test Market Estimates & Forecasts by Test 2020-2030 (USD Billion)
5.4. Thyroid Function Test Market, Sub Segment Analysis
  5.4.1. TSH Test
  5.4.2. T4 Test
  5.4.3. T3 Test
  5.4.4. Other Tests

CHAPTER 6. GLOBAL THYROID FUNCTION TEST MARKET, BY END USE

6.1. Market Snapshot
6.2. Global Thyroid Function Test Market by End Use, Performance - Potential Analysis
6.3. Global Thyroid Function Test Market Estimates & Forecasts by End Use 2020-2030 (USD Billion)
6.4. Thyroid Function Test Market, Sub Segment Analysis
  6.4.1. Hospital
  6.4.2. Diagnostic Laboratory
  6.4.3. Other End Users

CHAPTER 7. GLOBAL THYROID FUNCTION TEST MARKET, REGIONAL ANALYSIS

7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Thyroid Function Test Market, Regional Market Snapshot
7.4. North America Thyroid Function Test Market
  7.4.1. U.S. Thyroid Function Test Market
    7.4.1.1. Test breakdown estimates & forecasts, 2020-2030
    7.4.1.2. End Use breakdown estimates & forecasts, 2020-2030
  7.4.2. Canada Thyroid Function Test Market
7.5. Europe Thyroid Function Test Market Snapshot
  7.5.1. U.K. Thyroid Function Test Market
  7.5.2. Germany Thyroid Function Test Market
  7.5.3. France Thyroid Function Test Market
  7.5.4. Spain Thyroid Function Test Market
  7.5.5. Italy Thyroid Function Test Market
  7.5.6. Rest of Europe Thyroid Function Test Market
7.6. Asia-Pacific Thyroid Function Test Market Snapshot
  7.6.1. China Thyroid Function Test Market
  7.6.2. India Thyroid Function Test Market
  7.6.3. Japan Thyroid Function Test Market
  7.6.4. Australia Thyroid Function Test Market
  7.6.5. South Korea Thyroid Function Test Market
  7.6.6. Rest of Asia Pacific Thyroid Function Test Market
7.7. Latin America Thyroid Function Test Market Snapshot
  7.7.1. Brazil Thyroid Function Test Market
  7.7.2. Mexico Thyroid Function Test Market
7.8. Middle East & Africa Thyroid Function Test Market
  7.8.1. Saudi Arabia Thyroid Function Test Market
  7.8.2. South Africa Thyroid Function Test Market
  7.8.3. Rest of Middle East & Africa Thyroid Function Test Market

CHAPTER 8. COMPETITIVE INTELLIGENCE

8.1. Key Company SWOT Analysis
  8.1.1. Company
  8.1.2. Company
  8.1.3. Company
8.2. Top Market Strategies
8.3. Company Profiles
  8.3.1. Sykam GmbH (Germany)
    8.3.1.1. Key Information
    8.3.1.2. Overview
    8.3.1.3. Financial (Subject to Data Availability)
    8.3.1.4. Test Summary
    8.3.1.5. Recent Developments
  8.3.2. Merck KGaA
  8.3.3. Shimadzu Corporation
  8.3.4. Daicel Corporation
  8.3.5. Thermo Fisher Scientific Inc.
  8.3.6. Agilent Technologies
  8.3.7. Waters Corporation
  8.3.8. Bio-Rad Laboratories Inc.
  8.3.9. Danaher Corporation (Phenomenex Inc.)
  8.3.10. General Electric Company (GE Healthcare)

CHAPTER 9. RESEARCH PROCESS

9.1. Research Process
  9.1.1. Data Mining
  9.1.2. Analysis
  9.1.3. Market Estimation
  9.1.4. Validation
  9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption
LIST OF TABLES

TABLE 1. Global Thyroid Function Test Market, report scope
TABLE 2. Global Thyroid Function Test Market estimates & forecasts by region 2020-2030 (USD Billion)
TABLE 3. Global Thyroid Function Test Market estimates & forecasts by Test 2020-2030 (USD Billion)
TABLE 4. Global Thyroid Function Test Market estimates & forecasts by End User 2020-2030 (USD Billion)
TABLE 5. Global Thyroid Function Test Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 6. Global Thyroid Function Test Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Thyroid Function Test Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Thyroid Function Test Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Thyroid Function Test Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Thyroid Function Test Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Thyroid Function Test Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Thyroid Function Test Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Thyroid Function Test Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Thyroid Function Test Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. U.S. Thyroid Function Test Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Thyroid Function Test Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 17. U.S. Thyroid Function Test Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. Canada Thyroid Function Test Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 19. Canada Thyroid Function Test Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada Thyroid Function Test Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. UK Thyroid Function Test Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 22. UK Thyroid Function Test Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK Thyroid Function Test Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. Germany Thyroid Function Test Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 25. Germany Thyroid Function Test Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany Thyroid Function Test Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. France Thyroid Function Test Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 28. France Thyroid Function Test Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France Thyroid Function Test Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. Italy Thyroid Function Test Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 31. Italy Thyroid Function Test Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy Thyroid Function Test Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Spain Thyroid Function Test Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 34. Spain Thyroid Function Test Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain Thyroid Function Test Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. RoE Thyroid Function Test Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 37. RoE Thyroid Function Test Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE Thyroid Function Test Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. China Thyroid Function Test Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 40. China Thyroid Function Test Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China Thyroid Function Test Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. India Thyroid Function Test Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 43. India Thyroid Function Test Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India Thyroid Function Test Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. Japan Thyroid Function Test Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 46. Japan Thyroid Function Test Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan Thyroid Function Test Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. South Korea Thyroid Function Test Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 49. South Korea Thyroid Function Test Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea Thyroid Function Test Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. Australia Thyroid Function Test Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 52. Australia Thyroid Function Test Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia Thyroid Function Test Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. RoAPAC Thyroid Function Test Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 55. RoAPAC Thyroid Function Test Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC Thyroid Function Test Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. Brazil Thyroid Function Test Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 58. Brazil Thyroid Function Test Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil Thyroid Function Test Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Mexico Thyroid Function Test Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 61. Mexico Thyroid Function Test Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico Thyroid Function Test Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. RoLA Thyroid Function Test Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 64. RoLA Thyroid Function Test Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA Thyroid Function Test Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. Saudi Arabia Thyroid Function Test Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 67. South Africa Thyroid Function Test Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. RoMEA Thyroid Function Test Market estimates & forecasts by segment 2020-2030 (USD Billion
TABLE 69. List of secondary sources, used in the study of global Thyroid Function Test Market
TABLE 70. List of primary sources, used in the study of global Thyroid Function Test Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
LIST OF FIGURES

FIG 1. Global Thyroid Function Test Market, research methodology
FIG 2. Global Thyroid Function Test Market, Market estimation End Users
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Thyroid Function Test Market, key trends 2022
FIG 5. Global Thyroid Function Test Market, growth prospects 2023-2030
FIG 6. Global Thyroid Function Test Market, porters 5 force model
FIG 7. Global Thyroid Function Test Market, pest analysis
FIG 8. Global Thyroid Function Test Market, value chain analysis
FIG 9. Global Thyroid Function Test Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Thyroid Function Test Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Thyroid Function Test Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Thyroid Function Test Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Thyroid Function Test Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Thyroid Function Test Market, regional snapshot 2020 & 2030
FIG 15. North America Thyroid Function Test Market 2020 & 2030 (USD Billion)
FIG 16. Europe Thyroid Function Test Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Thyroid Function Test Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Thyroid Function Test Market 2020 & 2030 (USD Billion)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


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