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Report explores the trends in thyroid function test market

Industrial Market Research

Report provides a picture Thyroid Function Test market across different industry verticals and regions. It aims at estimating market size and future growth potential of this market across different segments such as by type, end user, and region. Report also includes an in-depth competitive analysis of key players in market along with their company profiles, recent developments, & key market strategies.

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Download Brochure of Thyroid Function Test Market spread across 120 Pages, Profiling 11 Companies and Supported with 65 Tables and 31 Figures is now available at…ple?rname=1375681 .

The global thyroid function tests market is projected to reach USD 1.68 billion by 2022 from an estimated USD 1.26 billion in 2017, at a CAGR of 5.9% during the forecast period. Growth in the market can primarily be attributed to factors such as increasing incidence of thyroid disorders, increasing awareness about thyroid disorders, increasing prevalence of lifestyle diseases, rising geriatric population, and increasing consumption of alcohol and tobacco.

Target Audience of this Global Market Research:

  • Group purchase organizations (GPOs)
  • OEM manufacturers
  • Pathologists and pathology laboratories
  • Distributors of thyroid function test products
  • Hospitals and clinics
  • Healthcare institutions
  • Research institutes
  • Market research and consulting firms
  • Venture capitalists
  • Private equity firms
  • Angel investors
  • Investment banks
  • Government bodies
  • Corporate entities

Geographically, the North American market is expected to account for the largest share of the global thyroid function test market due to the presence of an advanced healthcare infrastructure in North American countries such as the US and Canada.

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However, the Asia Pacific market is expected to grow at the highest CAGR in the forecast period.

More Information on Thyroid Function Test Market with Top Trends and Company Profile at .

The Asia Pacific market is expected to grow at the highest CAGR during the forecast period of 2017–2022. The high growth rate of this segment is attributed to the presence of a large geriatric population coupled with the universal healthcare reimbursement policy and a well-developed healthcare system in Japan.

Break of primary participants was as mentioned below:

  • By Company Type: Tier I: 55%, Tier II: 25%, Tier III: 20%
  • By Designation: C-Level Executives: 43%, Directors:32%, Others: 25%
  • By Region: North America: 33%, Europe: 31%, Asia Pacific: 20%, Latin America: 8%,Middle East & Africa: 8%

Thermo Fisher (US), Abbott (US), Roche (Switzerland), DiaSorin (Italy), Danaher (US), Kronus (US), Merck (Germany), Cortez Diagnostics (US), bio Mérieux (France), Qualigen (US), and Autobio Diagnostics (China) were the leading players in the thyroid function tests market.

 “Thyroid Function Test Market by Type (TSH Tests, T4 Tests, T3 Tests), End User (Hospitals, Diagnostic Laboratories, Research Laboratories & Institutes), and Region (North America, Europe, APAC, LATAM, and MEA) - Global Forecast to 2022” report at .

By type, the market is segmented into TSH tests, T4 test, T3 tests, and other tests. In 2017, the TSH tests segment is expected to command the largest share and grow at the highest CAGR during the forecast period.

Growth in the TSH tests segment can largely be attributed to the rising burden of thyroid disorders globally.

Growth in the hospitals segment can largely be attributed to factors such as high volume of thyroid function tests performed in hospital-based laboratories across the globe, growing patient population (and the subsequent increase in the number of clinical tests performed in hospitals), growing number of public healthcare awareness campaigns organized by hospitals.

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