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.
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A full report of Global Thyroid Function Test Market is available at: https://www.orionmarketreports.com/thyroid-function-test-market/53851/
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.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Thyroid Function Test market.
- The market share of the global Thyroid Function Test market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Thyroid Function Test market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Thyroid Function Test market.
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