Press release
Thyroid Gland Disorders Treatment Market on the Rise: From $2.2 Billion in 2022 to $3.3 Billion by 2031, Growing at a 4.7% CAGR - TMR Insights
The global thyroid gland disorders treatment market has witnessed steady growth, driven by the increasing prevalence of thyroid-related conditions such as hypothyroidism, hyperthyroidism, and thyroid cancer. In 2022, the market was valued at approximately US$ 2.2 billion, and it is expected to expand at a CAGR of 4.7% from 2023 to 2031. By the end of 2031, the market is projected to reach US$ 3.3 billion. This growth is attributed to advancements in treatment options, rising healthcare awareness, and increasing investment in thyroid disorder research.Get Sample PDF Brochure from here: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3113
Market Drivers
1. Rising Prevalence of Thyroid Disorders
The increasing number of individuals diagnosed with thyroid disorders globally is a major factor driving market growth. Conditions such as hypothyroidism and hyperthyroidism are becoming more common due to factors such as iodine deficiency, autoimmune diseases, and genetic predisposition.
2. Technological Advancements in Treatment
The introduction of novel therapies, improved diagnostic techniques, and the development of targeted drugs are enhancing treatment outcomes. Innovations such as personalized medicine and AI-assisted diagnostics are further contributing to market expansion.
3. Increasing Healthcare Awareness and Screening Programs
Growing awareness regarding thyroid health, coupled with initiatives from healthcare organizations promoting regular screening, is encouraging early detection and timely treatment, thereby boosting market demand.
4. Government Support and Healthcare Expenditure
Government initiatives supporting research and development in thyroid disorder treatments, along with increased healthcare spending in developed and developing countries, are expected to fuel market growth.
Challenges in the Thyroid Disorders Treatment Market
1. Side Effects of Medications
Long-term use of thyroid medications can lead to complications such as osteoporosis, cardiac issues, and metabolic imbalances, posing a challenge for market adoption.
2. High Treatment Costs
Expensive treatment options, particularly advanced therapies and surgeries, may limit access to care for lower-income populations.
3. Lack of Awareness in Developing Regions
Despite growing awareness globally, some regions still lack proper knowledge and access to diagnostic and treatment facilities, hampering market growth.
Leading players in Global market are
Merck KGaA
Pfizer, Inc.
Takeda Pharmaceutical Company Ltd.
Allergan
Sanofi S.A.
AbbVie Inc.
Lannett Company, Inc.
Aspen
Novartis AG
Mylan N.V.
Visit our report to discover essential insights and analysis - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3113
Future Trends in the Thyroid Disorders Treatment Market
1. Development of Novel Drug Therapies
Pharmaceutical companies are investing in the development of more effective and safer drugs with fewer side effects, increasing patient compliance.
2. Growth of Telemedicine and Digital Health Solutions
Remote consultations and AI-driven diagnostics are making thyroid disorder management more accessible, especially in remote and underserved regions.
3. Advancements in Personalized Medicine
Genetic research and personalized treatment approaches are improving treatment outcomes and minimizing adverse effects for thyroid disorder patients.
Market Segmentation
The thyroid gland disorders treatment market can be segmented based on treatment type, disease type, distribution channel, and region.
1. By Treatment Type
Medications: Includes hormone replacement therapies such as levothyroxine for hypothyroidism and anti-thyroid drugs like methimazole for hyperthyroidism.
Radioactive Iodine Therapy: A common treatment for hyperthyroidism and certain types of thyroid cancer.
Surgery: Thyroidectomy is performed in severe cases or when cancer is present.
2. By Disease Type
Hypothyroidism
Hyperthyroidism
Thyroid Cancer
Goiter and Other Thyroid Disorders
3. By Distribution Channel
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies
4. By Region
North America: Dominates the market due to high awareness, advanced healthcare facilities, and strong research funding.
Europe: Growing healthcare infrastructure and favorable government policies drive market expansion.
Asia-Pacific: Expected to witness the highest growth rate due to rising healthcare investment, increasing thyroid disorder prevalence, and improving diagnostic facilities.
Latin America, Middle East & Africa: Emerging markets with potential for significant growth due to increasing healthcare awareness and accessibility.
Explore Latest Research Reports by Transparency Market Research:
Healthcare Biometrics Market: https://www.pharmiweb.com/press-release/2025-03-12/healthcare-biometrics-market-to-surpass-us-7408-billion-by-2035-driven-by-advancements-in-security-digital-health-solutions-tmr-insights
Healthcare Contract Research Outsourcing Market: https://www.pharmiweb.com/press-release/2025-03-12/healthcare-contract-research-outsourcing-market-to-surpass-us-6309-billion-by-2035-driven-by-increasing-demand-for-cost-effective-drug-development
About Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact Us:
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Thyroid Gland Disorders Treatment Market on the Rise: From $2.2 Billion in 2022 to $3.3 Billion by 2031, Growing at a 4.7% CAGR - TMR Insights here
News-ID: 3951167 • Views: …
More Releases from Transparency Market Research

Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 …
The global solar powered agricultural dryer market, valued at US$ 1.6 billion in 2022, is projected to grow at a CAGR of 5.8% from 2023 to 2031, reaching US$ 2.4 billion by the end of 2031. Rising investments in renewable energy, growing awareness of sustainable agricultural practices, and the rapid expansion of the agricultural sector driven by population growth are key factors fueling market growth.
Uncover essential discoveries and trends from…

Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Ra …
The global Technetium‐99m Market was valued at US$ 6.0 Billion in 2023 and is projected to grow at a CAGR of 3.3% from 2024 to 2034, surpassing US$ 8.6 Billion by the end of the forecast period. Advancements in nuclear imaging infrastructure, government-backed healthcare initiatives, and an increasing demand for precise diagnostic procedures are fueling this growth.
Discover essential conclusions and data from our Report in this sample -
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=77100
Analysts' Viewpoint
The Technetium‐99m…

Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to …
The global Equine Diagnostic Services Market, valued at approximately US$ 168 million in 2019, is projected to expand at a compound annual growth rate (CAGR) of ~5% from 2020 to 2030, reaching around US$ 280 million by 2030. Equine diagnostic services, encompassing tests like genetic, infectious disease, and imaging diagnostics, are critical for managing horse health in veterinary hospitals, clinics, and mobile settings. The market is driven by increasing equine…

Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of …
The digital printing market is experiencing strong growth, driven by rapid technological advancements, rising demand for personalized and on-demand printing, and an increasing focus on sustainable solutions. Digital printing allows for the direct transfer of digital files onto a wide range of substrates, offering high-resolution output with greater speed and flexibility. Its adaptability has led to broad adoption across industries such as packaging, textiles, publishing, and advertising-sectors where customization, efficiency,…
More Releases for Thyroid
Rising Incidences of Thyroid Disorders Fuel Growth In The Thyroid Function Test …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Thyroid Function Test Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for thyroid function tests has witnessed substantial growth in the past few years. The market is projected to expand from $1.7 billion in 2024 to $1.81 billion in 2025, with an…
Rising Incidences of Thyroid Disorders Fuel Growth In The Thyroid Function Test …
The Thyroid Function Test Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Thyroid Function Test Market Size During the Forecast Period?
The thyroid function test market has grown significantly in recent years. It is expected to grow from $1.7 billion in 2024…
Thyroid Function Test Market Report 2024 - Thyroid Function Test Market Growth A …
"The Business Research Company recently released a comprehensive report on the Global Thyroid Function Test Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
Ready to Dive into Something Exciting? Get Your Free Exclusive…
Thyroid Ablation Devices Market
Alarming rise in prevalence of thyroid cancer, advancements in thyroid ablation system, rise in government & private funds for development of healthcare sectors, and increase in number of thyroid nodule cases are expected to notably contribute toward the growth of the global thyroid ablation devices market during the forecast period.
Rise in prevalence of thyroid cancer and thyroid nodules, demand for minimally invasive procedures, and technological advancements in ablation devices drive…
Thyroid Gland Disorders Treatment Market Increasing incidence of Autoimmune Dise …
The global market for thyroid gland disorders features a consolidated vendor landscape with a handful of companies accounting for a major chunk of the global market, observes Transparency Market Research in a recent report. In 2016, the thyroid gland disorders treatment market was dominated by Merck KGaA and AbbVie, Inc., which collectively accounted for more than half of the market. It has been observed that despite the large pool of…
Increasing Incidence of Thyroid Gland Disorders Expected to Propel the Thyroid G …
Thyroid gland is made of thyroid cells that absorb iodine from food and convert it into triiodothyronine (T3) and thyroxine (T4). These hormones are released into the blood stream and play an important role in the regulation of metabolism. Thyroid gland disorders are defined as an abnormal release of thyroid hormones which may demand proper therapeutic agents to correct the disorder condition. This report studies the market in a view…