The Thyroid Test Market
Insights and Analysis By Type
(TSH Tests, T4 Tests, T3 Tests, Other) and By End-User (Hospital, Diagnostic
Laboratories, Research Laboratories and Institutes) – Forecast to 2030
The Thyroid Test Market is expected to reach USD 1405.31 Million
by 2030 at 5.70% CAGR during the forecast period 2022-2030.
Thyroid is a small
gland in the lower-front part of the neck. It is responsible for the regulation
of many of the body’s processes, such as metabolism, energy generation, and
mood. Thyroid tests are a series of blood tests such as T3, T3RU, T4, and TSH
used to check the function of the thyroid.
The growth of the
Global Thyroid Test Market is driven by
various factors such as an increase in the prevalence of thyroid disorders,
increasing prevalence of lifestyle diseases, and increasing mergers &
acquisitions by prominent players in the market. However, lack of knowledge
about the symptoms and causes of the thyroid is projected to hamper the growth
of the global thyroid test market.
The Global Thyroid
Test Market is currently dominated by several market players. Additionally,
growing initiatives to create awareness is driving the growth of the market.
For instance, in 2017, Merck Serono, partnered with the Ministry of Health in
Saudi Arabia, for a long-term awareness program named “Fly like a butterfly”
and signed a memorandum of understanding to raise awareness of thyroid disorders.
Regional Analysis
The market has been
divided, by region, into the Americas, Europe, Asia-Pacific, and the Middle
East & Africa. The Americas is expected to be the largest market owing to
the rising per capita healthcare expenditure. The thyroid test market in the
Americas has further been branched into North America and Latin America, with
the North American market divided into the US and Canada. The European thyroid
test market has been categorized as Western Europe and Eastern Europe. The Western
European market has further been classified as Germany, France, the UK, Italy,
Spain, and the rest of Western Europe. The thyroid test market in Asia-Pacific
has been segmented into Japan, China, India, South Korea, Australia, and the
rest of Asia-Pacific. Due to the increasing prevalence of thyroid disorders and
increasing patient pool, the market in Asia-Pacific is expected to be the
fastest-growing. The thyroid test market in the Middle East & Africa has
been bifurcated into the Middle East and Africa.
Key Players
Some of the Key
Players in the Global Thyroid Test Market are Abbott (US), Merck
(Germany), Thermo Fisher (US), Danaher (US), Roche (Switzerland),
Diasorin(Italy), Biomérieux(France), Diagnostic Automation/Cortez Diagnostics
(US), Qualigen(US), Kronus(US), and Autobio Diagnostics(China).
Segmentation
The Global Thyroid Test Market trends has been segmented
based on type and end-user.
The market, based
on type, has been divided into TSH tests, T4 tests, T3 tests, and other tests.
The TSH tests
segment is likely to be the largest during the review period, as TSH tests are
the most common test used to check the function of thyroid. A high TSH level
most often means you have hypothyroidism or an underactive thyroid.
In terms of end-user,
the global thyroid test market has been segmented into hospitals, diagnostic
laboratories, and research laboratories and institutes. Hospitals take up the
largest share. The positive growth of hospitals is attributed to their rising need
to offer treatments to various health disorders. Additionally, the growing rate
of hospitals is also driving the growth of the hospital's segment.
About
Market Research Future:
At
Market Research Future (MRFR), we enable our customers to unravel the
complexity of various industries through our Cooked Research Report (CRR),
Half-Cooked Research Reports (HCRR), & Consulting Services. MRFR team have
supreme objective to provide the optimum quality market research and
intelligence services to our clients.
Contact
us:
Market
Research Future (part of Wantstats Research and Media Private Limited),
99
Hudson Street, 5Th Floor,
New
York, New York 10013
United
States of America
+1 628
258 0071
Email:
sales@marketresearchfuture.com
Comments
Post a Comment