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Thyroid Function Testing Market Share

Report ID: GMI8850
Published Date: Apr 2024
Report Format: PDF

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Thyroid Function Testing Market Share

The thyroid function testing industry is competitive in nature, with several large multinationals and small and mid-sized companies competing in the industry. The development and launch of novel advanced products and services based on different technologies is among a key market strategy. Some of the leading industry players have a notable presence in the market.

Thyroid Function Testing Market Companies

Some of the eminent market participants operating in the thyroid function testing industry include:

Abbott Laboratories
bioMerieux S.A.
Bio-Rad Laboratories, Inc.
Cipla Limited
Danaher Corporation
DiaSorin S.p.A.
F. Hoffmann-La Roche Ltd.
Quidelortho Corporation
Randox Laboratories Ltd.
Siemens Healthineers AG
Thermo Fisher Scientific Inc.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Thyroid function testing industry size was valued USD 3.9 billion in 2023 and will demonstrate a 6.1% CAGR between 2024 and 2032, attributed to increasing incidence of thyroid disorders, advancements in diagnostic technologies, and the rise in healthcare expenditure.

The reagents and kits segment in the thyroid function testing industry will reach USD 3.8 billion by 2032 due to their pivotal role as essential components in diagnostic procedures, ensuring accurate and reliable test results.

North America thyroid function testing industry recorded 40.4% share in 2023, propelled by factors, such as advanced healthcare infrastructure, widespread awareness about thyroid disorders, and a large patient pool.

Some of the key market players are Abbott Laboratories, bioMerieux S.A., Bio-Rad Laboratories, Inc., Cipla Limited, Danaher Corporation, DiaSorin S.p.A., F. Hoffmann-La Roche Ltd., Quidelortho Corporation, Randox Laboratories Ltd., Siemens Healthineers AG, Thermo Fisher Scientific Inc., among others.