Global Thyroid Function Testing Market 2020-2024

Global Thyroid Function Testing Market 2020-2024

Technavio has been monitoring the thyroid function testing market and it is poised to grow by $ 392.37 mn during 2020-2024, progressing at a CAGR of 5% during the forecast period. Our reports on the thyroid function testing market provide a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rise in the prevalence of thyroid disorders and an increase in healthcare expenditure. In addition, a rise in the prevalence of thyroid disorders is anticipated to boost the growth of the market as well.

The thyroid function testing market analysis includes end-user segment, product segment and geographical landscapes.

Technavio's thyroid function testing market is segmented as below:

By End-user

• Diagnostic centers
• Hospitals
• Research institutes

By Product

• TSH test
• FT3 test
• FT4 test

By Geographical Landscapes

• North America
• Europe
• Asia
• ROW

This study identifies the rise in thyroid diagnostics and treatment awareness campaigns globally as one of the prime reasons driving the thyroid function testing market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our thyroid function testing market report covers the following areas:

• Thyroid function testing market sizing
• Thyroid function testing market forecast
• Thyroid function testing market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading thyroid function testing market vendors that include Abbott Laboratories, bioMérieux SA, Danaher Corp., DiaSorin Spa, F. Hoffmann-La Roche Ltd., Merck KGaA, Qualigen Therapeutics Inc., Siemens Healthineers AG, Teco Diagnostics, and Thermo Fisher Scientific Inc. Also, the thyroid function testing market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.