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Thyroid Function Tests Market Trend 2021

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Riya Ranade

Thyroid Function Tests Market 2021

Thyroid Function Tests (TFTs) are standard blood tests performed to examine the thyroid function. TFTs may be requested if a patient suffers from hyperthyroidism (overactive thyroid) or hypothyroidism (underactive thyroid) or monitoring either thyroid suppression or hormone replacement therapy effectiveness. A TFT panel generally includes assays for thyroid hormones, such as thyroid-stimulating hormone (TSH, thyrotropin) and thyroxin (T4), and triiodothyronine (T3), depending on the local laboratory policy.

The thyroid function tests market was estimated at USD 1417.3 million in 2019 and is expected to grow with a CAGR of 6.0%.

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Key Players

Abbott Laboratories
Roche Diagnostics
DiaSorin
Danaher Corporation
Thermo Fisher Scientific
Kronus
Interpace Diagnostics
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Recent Developments

In May 2018, Interpace Diagnostics Group entered into an agreement with the Vanderbilt University Medical Center (VUMC), which will enable all physicians in the Vanderbilt system to gain access to both ThyGeNEXT(R) and ThyraMIR(R) for patients with thyroid disorders. ThyGeNEXT(R) and ThyraMIR(R) are the molecular diagnostic tests for detecting mutations in thyroid cells.

Thyroid Function Tests Market Segmentation

By Type
TSH Tests
T4 Tests
T3 Tests
By End-User
Hospitals
Diagnostic Laboratories
Research Laboratories and Institutes

Years that have been considered for the study of this report are as follows:

  • History Year: 2015-2019
  • Base Year: 2019
  • Estimated Year: 2020
  • Forecast Year: 2021 to 2029

Regional Segmentation:

  • North America (The US, Canada, and Mexico)
  • Europe (Germany, France, the UK, and Rest of the World)
  • Asia Pacific (China, Japan, India, and Rest of Asia Pacific)
  • Latin America (Brazil and Rest of Latin America.)
  • Middle East & Africa (Saudi Arabia, the UAE, South Africa, and Rest of Middle East & Africa)

Additionally, the analysis also delivers a comprehensive review of the crucial players on the Thyroid Function Tests Market along with their company profiles, SWOT analysis, latest advancement and business plans.

The analysis objectives of the report are:

  • To equitably share in-depth info regarding the crucial elements impacting the increase of industry (growth capacity, chances, drivers and industry specific challenge and risks).
  • To know the Thyroid Function Tests Market by pinpointing its many sub segments.
  • To profile the important players and analyze their growth plans.
  • To endeavor the amount and value of the Thyroid Function Tests Market sub-markets, depending on key regions (various vital states).
  • To analyze the Global Thyroid Function Tests Market concerning growth trends, prospects and also their participation in the entire sector.

Explore Full Report with Detailed TOC, Charts, Tables and Figures@
https://straitsresearch.com/report/Thyroid Function Tests-Market

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