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Thyroid Function Test Market at a CAGR of 6.0% Rising Enterprise Efficiency and Dominated by Top Competitors (Abbott, Autobio Diagnostics, Danaher, DiaSorin SpA, Qualigen, Thermo Fisher Scientific) and Global Forecast to 2024
Thyroid Function Test Market
Overview of the Global Thyroid Function Test Market:
The report spread across 114 pages is an overview of the Global Thyroid Function Test Market. These report study based on the Thyroid Function Test Market. It is a complete overview of the market, covering various aspects prevailing market landscape. It accumulates comprehensive information and research methodologies.
The Global Thyroid Function Test Market is expected to witness a CAGR of 6.0% during the forecast period (2019 - 2024). Some of the major key factors that are driving the growth of the market include rising incidence of thyroid disorders, increasing consumption of tobacco and alcohol, and sedentary lifestyle.
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As per the market report, Thyroid diseases have become a significant public health concern across the world. The risk factors include genetic background, environmental exposures, insufficient iodine intake, exposure to polychlorinated biphenyls, radiation from nuclear fallout and medical radiation, and alcohol and tobacco consumption, among others. As per the American Thyroid Association, approximately 20 million US citizens have some form of thyroid disease (2017). The thyroid function test market is witnessing substantial growth due to the high prevalence of thyroid disorder, as well as due to the rising consumption of alcohol and tobacco.
Industry Analysis: Global Thyroid Function Test Market, which is highly competitive, consists of a number of major players. Companies, such as Abbott, Autobio Diagnostics, BioMu00e9rieux SA, Danaher Corporation, DiaSorin SpA, F. Hoffmann-La Roche Ltd, Qualigen Inc., Qualigen Inc., Siemens Healthineers, and Thermo Fisher Scientific Inc., among others, hold a substantial market share in the thyroid function test market.
Geographically, North America is predicted to lead the thyroid function test market, owing to the prevalence of thyroid cancer in the United States. As per the National Cancer Institute, in 2015, there were around 765,547 people living with thyroid cancer in the United States and the number of new cases of thyroid cancer was 14.5 per 100,000 men and women per year. The North American region is also likely to witness a major growth, owing to several initiatives such as the compulsory screening of newborns for congenital hypothyroidism, revolutionary research work on thyroid hormone function, cost-effective methods to detect thyroid cancer, promising research on Graves’ disease, etc., which may further lead to improved prognosis and new preventive treatments of thyroid diseases.
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Major Key Players:
1 Abbott
2 Autobio Diagnostics
3 bioMerieux SA
4 Danaher Corporation
5 DiaSorin SpA
6 F. Hoffmann-La Roche Ltd
7 Qualigen Inc.
8 Quidel Corporation
9 Siemens Healthineers
10 Thermo Fisher Scientific Inc. and More……………….
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This study answers to the below key questions:
1 What will the market size be in 2024 and what will the growth rate be?
2 What are the key market trends?
3 What are the challenges to market growth?
4 Who are the key players in this market?
5 What are the market opportunities and threats faced by the key players?
Table of Contents:
1 Introduction
2 Global Thyroid Function Test Market Research Methodology
3 Executive Summary
4 Global Thyroid Function Test Market Dynamics
5 Global Thyroid Function Test Market Segmentation
6 Competitive Landscape
7 Global Thyroid Function Test Market Opportunities and Future Trends
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We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.
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