Global Thyroid Function Test Market, By Type (TSH Tests, T3RU, T4 Tests, T3 Tests, Other Tests), By End User (Hospitals, Diagnostic Laboratories, Research Laboratories & Institutes, Clinics, Acute Care Centers, Other) End Users(Hospitals, Diagnostic Laboratories, Research Laboratories and Institutes, Other End Users) By Geography (APAC, Europe, Middle East, Africa, North America & South America)– Industry Trends and Forecast to 2025
Pune, India -- (SBWIRE) -- 03/22/2018 -- Global Thyroid Function Test Market is expected to reach USD 1.99 billion by 2025, from USD 1.19 billion in 2017, growing at a CAGR of 5.90% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2016 and the forecast period is 2018 to 2025.
Report Consists of:
No of pages: 350
No of Figures: 60
No of Tables: 220
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Major Market Competitors/Players:
- Autobio Diagnostics Thermo Fisher,
- Abbott Laboratories,
- Merck & Co. Inc.,
- Cortez Diagnostics/Cortez Diagnostics,
- Qualigen, and Autobio Diagnostics,
- Serum Analysis Centre Private Limited,
- Laboratory Corporation of America,
- Westin Childs,
- Request A Test,
- Kronus, Beckman Coulter Inc.,
- Siemens Healthcare GmbH and
- Chemocare among others.
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This market report defines the market trends and forecast the upcoming opportunities and threats of the thyroid function test market in the next 8 years. The series of blood tests which are used to measure how healthy the thyroid gland is working are known as thyroid function tests. These are the tests which include T3, T3RU, T4, and TSH tests. Thyroid is a small gland situated in the lower-front part of the neck and Triiodothyronine (T3) and thyroxine (T4) are two major hormones produced by thyroid, the two major hormones produced by thyroid Triiodothyronine (T3) and thyroxine (T4). For the evaluation of thyroid functioning in most circumstances, measurement of TSH is considered as a principal test.
Thyroid stimulating hormone or TSH is a hormone produced by pituitary gland. TSH is one of the primary hormones that aids in the conduction of a plethora of vital bodily activities including regulation of metabolism in the body, it also releases hormones by the thyroid gland. Amount of TSH present in the bloodstream can be measured by TSH tests.
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Sensitive diagnostic procedures are frequently used recently, they include ultrasound, doppler examination, imaging techniques (CT scan, MRI or PET scanning, and biochemical markers), has increased the detection of many types of cancer. Only 40% of thyroid nodules that are smaller than 1.5?cm in maximum diameter can be discovered at the time of physical examination for thyroid concern,. Ultrasound and cytology examinations have identified an increasing number of small, asymptomatic thyroid cancers.
The global thyroid function market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of thyroid function market for global, Europe, North America, Asia Pacific and South America.
Major Market Drivers and Restraints:
- Increasing prevalence of lifestyle diseases.
- Rising geriatric population.
- Increasing alcohol and tobacco consumption.
- Unfavourable healthcare reforms in the United States
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The global thyroid function test market is segmented based on type and end users.
Based on type, the global thyroid function test market is segmented into TSH tests, T3RU, T4 tests, T3 tests and other tests.
On the basis of end users, the global thyroid function market is segmented into hospitals, diagnostic laboratories, research laboratories & institutes, clinics, acute care centres and other end users.
Based on geography, the global thyroid function market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
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