Thyroid Function Test Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

The thyroid function test market size was valued at $1,190 million in 2018 and is projected to reach $1,807 million by 2027, registering a CAGR of 5% from 2021 to 2027. 

A thyroid function test is a blood test done to check the level of chemicals (hormones) produced by the thyroid gland. Some thyroid function tests also check the level of hormones produced by the pituitary gland in the brain that works on the thyroid gland. Chemicals or hormones released by the thyroid gland are released into the bloodstream and act as messengers, affecting cells and tissues in distant parts of the body. Thyroid hormones affect the body’s metabolic rate and the level of certain minerals in the blood.

Market Segments

By Test Type 

•  TSH Tests
•  T3 Tests
•  T4 Tests
•  Other Tests  

By End-User 

•  Diagnostic Laboratories
•  Hospitals
•  Others

Key Players

Major players operating in the thyroid function test market are Thermo Fisher Scientific Inc., F. Hoffmann-La Roche Ltd, Abbott Laboratories, DiaSorin S.p.A., Danaher Corporation, Siemens Healthineers, Merck KGaA, bioMérieux SA, Qualigen Inc., and Autobio Diagnostics Co., Ltd.

Scope of the Report

The research study analyzes the global Thyroid Function Test industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Thyroid Function Test Market Report

1. What was the Thyroid Function Test Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of the Thyroid Function Test Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Thyroid Function Test Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.