Global Thyroid Nodule Genetic Testing Market Research Report 2025(Status and Outlook)
Description
Report Overview
The thyroid nodule genetic testing market focuses on molecular diagnostics designed to evaluate the genetic profile of thyroid nodules to distinguish between benign and malignant growths, reducing unnecessary surgeries and improving patient outcomes. These tests analyze biomarkers such as BRAF, RAS, RET/PTC, and PAX8/PPARγ mutations, as well as gene expression patterns, providing clinicians with actionable data for treatment decisions. The market is driven by the rising incidence of thyroid nodules, advancements in next-generation sequencing (NGS) and PCR-based technologies, and increasing demand for precision medicine. Key players include companies like Veracyte, Illumina, and ThyroSeq, offering tests such as Afirma GSC and ThyroSeq v3. Regulatory approvals, reimbursement policies, and the integration of AI for data interpretation are shaping market growth, while challenges include high costs and limited accessibility in developing regions. The adoption of these tests is expanding in North America and Europe, supported by favorable healthcare policies and growing awareness among endocrinologists and surgeons.
The global Thyroid Nodule Genetic Testing market size was estimated at USD 510.22 million in 2024, exhibiting a CAGR of 8.50% during the forecast period.
This report provides a deep insight into the global Thyroid Nodule Genetic Testing market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Thyroid Nodule Genetic Testing Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Thyroid Nodule Genetic Testing market in any manner.
Global Thyroid Nodule Genetic Testing Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
23andMe
AncestryDNA
MyHeritage
RIGEN-BIO
Market Segmentation (by Type)
Hereditary Genetic Testing
Acquired Genetic Testing
Others
Market Segmentation (by Application)
General Hospital
Specialty Hospital
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Thyroid Nodule Genetic Testing Market
Overview of the regional outlook of the Thyroid Nodule Genetic Testing Market:
Chapter Outline
Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.
Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Thyroid Nodule Genetic Testing Market and its likely evolution in the short to mid-term, and long term.
Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.
Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.
Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 9 shares the main producing countries of Thyroid Nodule Genetic Testing, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.
Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.
Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.
Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.
Chapter 13 is the main points and conclusions of the report.
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
Provision of market value data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
Provides insight into the market through Value Chain
Market dynamics scenario, along with growth opportunities of the market in the years to come
The thyroid nodule genetic testing market focuses on molecular diagnostics designed to evaluate the genetic profile of thyroid nodules to distinguish between benign and malignant growths, reducing unnecessary surgeries and improving patient outcomes. These tests analyze biomarkers such as BRAF, RAS, RET/PTC, and PAX8/PPARγ mutations, as well as gene expression patterns, providing clinicians with actionable data for treatment decisions. The market is driven by the rising incidence of thyroid nodules, advancements in next-generation sequencing (NGS) and PCR-based technologies, and increasing demand for precision medicine. Key players include companies like Veracyte, Illumina, and ThyroSeq, offering tests such as Afirma GSC and ThyroSeq v3. Regulatory approvals, reimbursement policies, and the integration of AI for data interpretation are shaping market growth, while challenges include high costs and limited accessibility in developing regions. The adoption of these tests is expanding in North America and Europe, supported by favorable healthcare policies and growing awareness among endocrinologists and surgeons.
The global Thyroid Nodule Genetic Testing market size was estimated at USD 510.22 million in 2024, exhibiting a CAGR of 8.50% during the forecast period.
This report provides a deep insight into the global Thyroid Nodule Genetic Testing market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Thyroid Nodule Genetic Testing Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Thyroid Nodule Genetic Testing market in any manner.
Global Thyroid Nodule Genetic Testing Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
23andMe
AncestryDNA
MyHeritage
RIGEN-BIO
Market Segmentation (by Type)
Hereditary Genetic Testing
Acquired Genetic Testing
Others
Market Segmentation (by Application)
General Hospital
Specialty Hospital
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Thyroid Nodule Genetic Testing Market
Overview of the regional outlook of the Thyroid Nodule Genetic Testing Market:
Chapter Outline
Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.
Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Thyroid Nodule Genetic Testing Market and its likely evolution in the short to mid-term, and long term.
Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.
Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.
Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 9 shares the main producing countries of Thyroid Nodule Genetic Testing, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.
Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.
Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.
Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.
Chapter 13 is the main points and conclusions of the report.
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
Provision of market value data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
Provides insight into the market through Value Chain
Market dynamics scenario, along with growth opportunities of the market in the years to come
Table of Contents
130 Pages
- 1 Research Methodology and Statistical Scope
- 1.1 Market Definition and Statistical Scope of Thyroid Nodule Genetic Testing
- 1.2 Key Market Segments
- 1.2.1 Thyroid Nodule Genetic Testing Segment by Type
- 1.2.2 Thyroid Nodule Genetic Testing Segment by Application
- 1.3 Methodology & Sources of Information
- 1.3.1 Research Methodology
- 1.3.2 Research Process
- 1.3.3 Market Breakdown and Data Triangulation
- 1.3.4 Base Year
- 1.3.5 Report Assumptions & Caveats
- 2 Thyroid Nodule Genetic Testing Market Overview
- 2.1 Global Market Overview
- 2.1.1 Global Thyroid Nodule Genetic Testing Market Size (M USD) Estimates and Forecasts (2020-2033)
- 2.1.2 Global Thyroid Nodule Genetic Testing Sales Estimates and Forecasts (2020-2033)
- 2.2 Market Segment Executive Summary
- 2.3 Global Market Size by Region
- 3 Thyroid Nodule Genetic Testing Market Competitive Landscape
- 3.1 Company Assessment Quadrant
- 3.2 Global Thyroid Nodule Genetic Testing Product Life Cycle
- 3.3 Global Thyroid Nodule Genetic Testing Sales by Manufacturers (2020-2025)
- 3.4 Global Thyroid Nodule Genetic Testing Revenue Market Share by Manufacturers (2020-2025)
- 3.5 Thyroid Nodule Genetic Testing Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 3.6 Global Thyroid Nodule Genetic Testing Average Price by Manufacturers (2020-2025)
- 3.7 Manufacturers’ Manufacturing Sites, Areas Served, and Product Types
- 3.8 Thyroid Nodule Genetic Testing Market Competitive Situation and Trends
- 3.8.1 Thyroid Nodule Genetic Testing Market Concentration Rate
- 3.8.2 Global 5 and 10 Largest Thyroid Nodule Genetic Testing Players Market Share by Revenue
- 3.8.3 Mergers & Acquisitions, Expansion
- 4 Thyroid Nodule Genetic Testing Industry Chain Analysis
- 4.1 Thyroid Nodule Genetic Testing Industry Chain Analysis
- 4.2 Market Overview of Key Raw Materials
- 4.3 Midstream Market Analysis
- 4.4 Downstream Customer Analysis
- 5 The Development and Dynamics of Thyroid Nodule Genetic Testing Market
- 5.1 Key Development Trends
- 5.2 Driving Factors
- 5.3 Market Challenges
- 5.4 Industry News
- 5.4.1 New Product Developments
- 5.4.2 Mergers & Acquisitions
- 5.4.3 Expansions
- 5.4.4 Collaboration/Supply Contracts
- 5.5 PEST Analysis
- 5.5.1 Industry Policies Analysis
- 5.5.2 Economic Environment Analysis
- 5.5.3 Social Environment Analysis
- 5.5.4 Technological Environment Analysis
- 5.6 Global Thyroid Nodule Genetic Testing Market Porter's Five Forces Analysis
- 5.6.1 Global Trade Frictions
- 5.6.2 U.S. Tariff Policy – April 2025
- 5.6.3 Global Trade Frictions and Their Impacts to Thyroid Nodule Genetic Testing Market
- 5.7 ESG Ratings of Leading Companies
- 6 Thyroid Nodule Genetic Testing Market Segmentation by Type
- 6.1 Evaluation Matrix of Segment Market Development Potential (Type)
- 6.2 Global Thyroid Nodule Genetic Testing Sales Market Share by Type (2020-2025)
- 6.3 Global Thyroid Nodule Genetic Testing Market Size Market Share by Type (2020-2025)
- 6.4 Global Thyroid Nodule Genetic Testing Price by Type (2020-2025)
- 7 Thyroid Nodule Genetic Testing Market Segmentation by Application
- 7.1 Evaluation Matrix of Segment Market Development Potential (Application)
- 7.2 Global Thyroid Nodule Genetic Testing Market Sales by Application (2020-2025)
- 7.3 Global Thyroid Nodule Genetic Testing Market Size (M USD) by Application (2020-2025)
- 7.4 Global Thyroid Nodule Genetic Testing Sales Growth Rate by Application (2020-2025)
- 8 Thyroid Nodule Genetic Testing Market Sales by Region
- 8.1 Global Thyroid Nodule Genetic Testing Sales by Region
- 8.1.1 Global Thyroid Nodule Genetic Testing Sales by Region
- 8.1.2 Global Thyroid Nodule Genetic Testing Sales Market Share by Region
- 8.2 Global Thyroid Nodule Genetic Testing Market Size by Region
- 8.2.1 Global Thyroid Nodule Genetic Testing Market Size by Region
- 8.2.2 Global Thyroid Nodule Genetic Testing Market Size Market Share by Region
- 8.3 North America
- 8.3.1 North America Thyroid Nodule Genetic Testing Sales by Country
- 8.3.2 North America Thyroid Nodule Genetic Testing Market Size by Country
- 8.3.3 U.S. Market Overview
- 8.3.4 Canada Market Overview
- 8.3.5 Mexico Market Overview
- 8.4 Europe
- 8.4.1 Europe Thyroid Nodule Genetic Testing Sales by Country
- 8.4.2 Europe Thyroid Nodule Genetic Testing Market Size by Country
- 8.4.3 Germany Market Overview
- 8.4.4 France Market Overview
- 8.4.5 U.K. Market Overview
- 8.4.6 Italy Market Overview
- 8.4.7 Spain Market Overview
- 8.5 Asia Pacific
- 8.5.1 Asia Pacific Thyroid Nodule Genetic Testing Sales by Region
- 8.5.2 Asia Pacific Thyroid Nodule Genetic Testing Market Size by Region
- 8.5.3 China Market Overview
- 8.5.4 Japan Market Overview
- 8.5.5 South Korea Market Overview
- 8.5.6 India Market Overview
- 8.5.7 Southeast Asia Market Overview
- 8.6 South America
- 8.6.1 South America Thyroid Nodule Genetic Testing Sales by Country
- 8.6.2 South America Thyroid Nodule Genetic Testing Market Size by Country
- 8.6.3 Brazil Market Overview
- 8.6.4 Argentina Market Overview
- 8.6.5 Columbia Market Overview
- 8.7 Middle East and Africa
- 8.7.1 Middle East and Africa Thyroid Nodule Genetic Testing Sales by Region
- 8.7.2 Middle East and Africa Thyroid Nodule Genetic Testing Market Size by Region
- 8.7.3 Saudi Arabia Market Overview
- 8.7.4 UAE Market Overview
- 8.7.5 Egypt Market Overview
- 8.7.6 Nigeria Market Overview
- 8.7.7 South Africa Market Overview
- 9 Thyroid Nodule Genetic Testing Market Production by Region
- 9.1 Global Production of Thyroid Nodule Genetic Testing by Region(2020-2025)
- 9.2 Global Thyroid Nodule Genetic Testing Revenue Market Share by Region (2020-2025)
- 9.3 Global Thyroid Nodule Genetic Testing Production, Revenue, Price and Gross Margin (2020-2025)
- 9.4 North America Thyroid Nodule Genetic Testing Production
- 9.4.1 North America Thyroid Nodule Genetic Testing Production Growth Rate (2020-2025)
- 9.4.2 North America Thyroid Nodule Genetic Testing Production, Revenue, Price and Gross Margin (2020-2025)
- 9.5 Europe Thyroid Nodule Genetic Testing Production
- 9.5.1 Europe Thyroid Nodule Genetic Testing Production Growth Rate (2020-2025)
- 9.5.2 Europe Thyroid Nodule Genetic Testing Production, Revenue, Price and Gross Margin (2020-2025)
- 9.6 Japan Thyroid Nodule Genetic Testing Production (2020-2025)
- 9.6.1 Japan Thyroid Nodule Genetic Testing Production Growth Rate (2020-2025)
- 9.6.2 Japan Thyroid Nodule Genetic Testing Production, Revenue, Price and Gross Margin (2020-2025)
- 9.7 China Thyroid Nodule Genetic Testing Production (2020-2025)
- 9.7.1 China Thyroid Nodule Genetic Testing Production Growth Rate (2020-2025)
- 9.7.2 China Thyroid Nodule Genetic Testing Production, Revenue, Price and Gross Margin (2020-2025)
- 10 Key Companies Profile
- 10.1 23andMe
- 10.1.1 23andMe Basic Information
- 10.1.2 23andMe Thyroid Nodule Genetic Testing Product Overview
- 10.1.3 23andMe Thyroid Nodule Genetic Testing Product Market Performance
- 10.1.4 23andMe Business Overview
- 10.1.5 23andMe SWOT Analysis
- 10.1.6 23andMe Recent Developments
- 10.2 AncestryDNA
- 10.2.1 AncestryDNA Basic Information
- 10.2.2 AncestryDNA Thyroid Nodule Genetic Testing Product Overview
- 10.2.3 AncestryDNA Thyroid Nodule Genetic Testing Product Market Performance
- 10.2.4 AncestryDNA Business Overview
- 10.2.5 AncestryDNA SWOT Analysis
- 10.2.6 AncestryDNA Recent Developments
- 10.3 MyHeritage
- 10.3.1 MyHeritage Basic Information
- 10.3.2 MyHeritage Thyroid Nodule Genetic Testing Product Overview
- 10.3.3 MyHeritage Thyroid Nodule Genetic Testing Product Market Performance
- 10.3.4 MyHeritage Business Overview
- 10.3.5 MyHeritage SWOT Analysis
- 10.3.6 MyHeritage Recent Developments
- 10.4 RIGEN-BIO
- 10.4.1 RIGEN-BIO Basic Information
- 10.4.2 RIGEN-BIO Thyroid Nodule Genetic Testing Product Overview
- 10.4.3 RIGEN-BIO Thyroid Nodule Genetic Testing Product Market Performance
- 10.4.4 RIGEN-BIO Business Overview
- 10.4.5 RIGEN-BIO Recent Developments
- 11 Thyroid Nodule Genetic Testing Market Forecast by Region
- 11.1 Global Thyroid Nodule Genetic Testing Market Size Forecast
- 11.2 Global Thyroid Nodule Genetic Testing Market Forecast by Region
- 11.2.1 North America Market Size Forecast by Country
- 11.2.2 Europe Thyroid Nodule Genetic Testing Market Size Forecast by Country
- 11.2.3 Asia Pacific Thyroid Nodule Genetic Testing Market Size Forecast by Region
- 11.2.4 South America Thyroid Nodule Genetic Testing Market Size Forecast by Country
- 11.2.5 Middle East and Africa Forecasted Sales of Thyroid Nodule Genetic Testing by Country
- 12 Forecast Market by Type and by Application (2026-2033)
- 12.1 Global Thyroid Nodule Genetic Testing Market Forecast by Type (2026-2033)
- 12.1.1 Global Forecasted Sales of Thyroid Nodule Genetic Testing by Type (2026-2033)
- 12.1.2 Global Thyroid Nodule Genetic Testing Market Size Forecast by Type (2026-2033)
- 12.1.3 Global Forecasted Price of Thyroid Nodule Genetic Testing by Type (2026-2033)
- 12.2 Global Thyroid Nodule Genetic Testing Market Forecast by Application (2026-2033)
- 12.2.1 Global Thyroid Nodule Genetic Testing Sales (K Units) Forecast by Application
- 12.2.2 Global Thyroid Nodule Genetic Testing Market Size (M USD) Forecast by Application (2026-2033)
- 13 Conclusion and Key Findings
Pricing
Currency Rates
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