PUBLISHER: KBV Research | PRODUCT CODE: 1462227
PUBLISHER: KBV Research | PRODUCT CODE: 1462227
North America Thyroid Function Testing Market Size, Share & Trends Analysis Report By End-use, By Test Type (TSH Test, Free T4 Test, T4 Test, T3 Test, Free T3 Test, and Others) By Country and Growth Forecast, 2024 - 2031
The North America Thyroid Function Testing Market would witness market growth of 5.7% CAGR during the forecast period (2023-2030).
The US market dominated the North America Thyroid Function Testing Market by Country in 2023 and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,070.5 million by 2031. The Canada market is experiencing a CAGR of 8.1% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 7.2% during (2024 - 2031).
The market is pivotal in diagnosing and managing thyroid disorders, affecting millions. It encompasses a range of diagnostic assays and methodologies to evaluate the thyroid glands hormone production and regulatory functions. From routine screening to monitoring treatment response, this is indispensable in clinical practice, catering to diverse patient populations across various healthcare settings.
Thyroid function testing has many applications in clinical practice, playing a crucial role in diagnosing, managing, and monitoring thyroid disorders. For example, thyroid function tests are commonly used for population-wide screening to detect thyroid dysfunction, including hypothyroidism, hyperthyroidism, and thyroid nodules. Screening helps identify individuals at risk of thyroid disorders, facilitating early diagnosis and intervention to prevent complications.
High rates of thyroid cancer in Canada may lead to increased awareness and screening for thyroid disorders, including routine testing. The Canadian Cancer Society reports that 6,300 Canadians were diagnosed with thyroid cancer, and 270 Canadians lost their lives to the disease in 2023. Among them, 1,900 men were diagnosed with thyroid cancer, and 120 died from it. In conclusion, the high rates of thyroid cancer and increasing awareness about thyroid disorders are driving the growth of the market.
Based on End-use, the market is segmented into Hospitals, Diagnostic Laboratories, Clinics, and Research Laboratories & Institutes. Based on Test Type, the market is segmented into TSH Test, Free T4 Test, T4 Test, T3 Test, Free T3 Test, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Quest Diagnostics Incorporated
- Laboratory Corporation of America Holdings
- Ulta Lab Tests, LLC
- DHA Laboratory
- Everly Health, Inc.
- ZRT Laboratory LLC
- Danaher Corporation
- Thyrocare Technologies Limited
- Siemens Healthineers AG (Siemens AG)
- Abbott Laboratories
North America Thyroid Function Testing Market Report Segmentation
By End-use
- Hospitals
- Diagnostic Laboratories
- Clinics
- Research Laboratories & Institutes
By Test Type
- TSH Test
- Free T4 Test
- T4 Test
- T3 Test
- Free T3 Test
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1.Market Scope & Methodology
- 1.1Market Definition
- 1.2Objectives
- 1.3Market Scope
- 1.4Segmentation
- 1.4.1North America Thyroid Function Testing Market, by End-use
- 1.4.2North America Thyroid Function Testing Market, by Test Type
- 1.4.3North America Thyroid Function Testing Market, by Country
- 1.5Methodology for the research
Chapter 2.Market at a Glance
- 2.1Key Highlights
Chapter 3.Market Overview
- 3.1Introduction
- 3.1.1Overview
- 3.1.1.1Market Composition and Scenario
- 3.1.1Overview
- 3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
- 3.3Porter's Five Forces Analysis
Chapter 4.North America Thyroid Function Testing Market by End-use
- 4.1North America Hospitals Market by Country
- 4.2North America Diagnostic Laboratories Market by Country
- 4.3North America Clinics Market by Country
- 4.4North America Research Laboratories & Institutes Market by Country
Chapter 5.North America Thyroid Function Testing Market by Test Type
- 5.1North America TSH Test Market by Country
- 5.2North America Free T4 Test Market by Country
- 5.3North America T4 Test Market by Country
- 5.4North America T3 Test Market by Country
- 5.5North America Free T3 Test Market by Country
- 5.6North America Others Market by Country
Chapter 6.North America Thyroid Function Testing Market by Country
- 6.1US Thyroid Function Testing Market
- 6.1.1US Thyroid Function Testing Market by End-use
- 6.1.2US Thyroid Function Testing Market by Test Type
- 6.2Canada Thyroid Function Testing Market
- 6.2.1Canada Thyroid Function Testing Market by End-use
- 6.2.2Canada Thyroid Function Testing Market by Test Type
- 6.3Mexico Thyroid Function Testing Market
- 6.3.1Mexico Thyroid Function Testing Market by End-use
- 6.3.2Mexico Thyroid Function Testing Market by Test Type
- 6.4Rest of North America Thyroid Function Testing Market
- 6.4.1Rest of North America Thyroid Function Testing Market by End-use
- 6.4.2Rest of North America Thyroid Function Testing Market by Test Type
Chapter 7.Company Profiles
- 7.1Quest Diagnostics Incorporated
- 7.1.1Company Overview
- 7.1.2Financial Analysis
- 7.1.3Segmental Analysis
- 7.1.4Recent strategies and developments:
- 7.1.4.1Product Launches and Product Expansions:
- 7.1.5SWOT Analysis
- 7.2Laboratory Corporation of America Holdings
- 7.2.1Company Overview
- 7.2.2Financial Analysis
- 7.2.3Segmental Analysis
- 7.2.4Recent strategies and developments:
- 7.2.4.1Product Launches and Product Expansions:
- 7.2.5SWOT Analysis
- 7.3Ulta Lab Tests, LLC
- 7.3.1Company Overview
- 7.3.2SWOT Analysis
- 7.4DHA Laboratory
- 7.4.1Company Overview
- 7.4.2SWOT Analysis
- 7.5Everly Health, Inc.
- 7.5.1Company Overview
- 7.5.2SWOT Analysis
- 7.6ZRT Laboratory LLC
- 7.6.1Company Overview
- 7.6.2Recent strategies and developments:
- 7.6.2.1Product Launches and Product Expansions:
- 7.6.3SWOT Analysis
- 7.7Danaher Corporation
- 7.7.1Company Overview
- 7.7.2Financial Analysis
- 7.7.3Segmental and Regional Analysis
- 7.7.4Research & Development Expense
- 7.7.5SWOT Analysis
- 7.8Thyrocare Technologies Limited
- 7.8.1Company Overview
- 7.8.2Financial Analysis
- 7.8.3Segmental and Regional Analysis
- 7.8.4Recent strategies and developments:
- 7.8.4.1Business Expansions:
- 7.8.5SWOT Analysis
- 7.9Siemens Healthineers AG (Siemens AG)
- 7.9.1Company Overview
- 7.9.2Financial Analysis
- 7.9.3Segmental and Regional Analysis
- 7.9.4Research & Development Expense
- 7.9.5Recent strategies and developments:
- 7.9.5.1Product Launches and Product Expansions:
- 7.9.6SWOT Analysis
- 7.10.Abbott Laboratories
- 7.10.1Company Overview
- 7.10.2Financial Analysis
- 7.10.3Segmental and Regional Analysis
- 7.10.4Research & Development Expense
- 7.10.5SWOT Analysis
LIST OF TABLES
- TABLE 1North America Thyroid Function Testing Market, 2020 - 2023, USD Million
- TABLE 2North America Thyroid Function Testing Market, 2024 - 2031, USD Million
- TABLE 3North America Thyroid Function Testing Market by End-use, 2020 - 2023, USD Million
- TABLE 4North America Thyroid Function Testing Market by End-use, 2024 - 2031, USD Million
- TABLE 5North America Hospitals Market by Country, 2020 - 2023, USD Million
- TABLE 6North America Hospitals Market by Country, 2024 - 2031, USD Million
- TABLE 7North America Diagnostic Laboratories Market by Country, 2020 - 2023, USD Million
- TABLE 8North America Diagnostic Laboratories Market by Country, 2024 - 2031, USD Million
- TABLE 9North America Clinics Market by Country, 2020 - 2023, USD Million
- TABLE 10North America Clinics Market by Country, 2024 - 2031, USD Million
- TABLE 11North America Research Laboratories & Institutes Market by Country, 2020 - 2023, USD Million
- TABLE 12North America Research Laboratories & Institutes Market by Country, 2024 - 2031, USD Million
- TABLE 13North America Thyroid Function Testing Market by Test Type, 2020 - 2023, USD Million
- TABLE 14North America Thyroid Function Testing Market by Test Type, 2024 - 2031, USD Million
- TABLE 15North America TSH Test Market by Country, 2020 - 2023, USD Million
- TABLE 16North America TSH Test Market by Country, 2024 - 2031, USD Million
- TABLE 17North America Free T4 Test Market by Country, 2020 - 2023, USD Million
- TABLE 18North America Free T4 Test Market by Country, 2024 - 2031, USD Million
- TABLE 19North America T4 Test Market by Country, 2020 - 2023, USD Million
- TABLE 20North America T4 Test Market by Country, 2024 - 2031, USD Million
- TABLE 21North America T3 Test Market by Country, 2020 - 2023, USD Million
- TABLE 22North America T3 Test Market by Country, 2024 - 2031, USD Million
- TABLE 23North America Free T3 Test Market by Country, 2020 - 2023, USD Million
- TABLE 24North America Free T3 Test Market by Country, 2024 - 2031, USD Million
- TABLE 25North America Others Market by Country, 2020 - 2023, USD Million
- TABLE 26North America Others Market by Country, 2024 - 2031, USD Million
- TABLE 27North America Thyroid Function Testing Market by Country, 2020 - 2023, USD Million
- TABLE 28North America Thyroid Function Testing Market by Country, 2024 - 2031, USD Million
- TABLE 29US Thyroid Function Testing Market, 2020 - 2023, USD Million
- TABLE 30US Thyroid Function Testing Market, 2024 - 2031, USD Million
- TABLE 31US Thyroid Function Testing Market by End-use, 2020 - 2023, USD Million
- TABLE 32US Thyroid Function Testing Market by End-use, 2024 - 2031, USD Million
- TABLE 33US Thyroid Function Testing Market by Test Type, 2020 - 2023, USD Million
- TABLE 34US Thyroid Function Testing Market by Test Type, 2024 - 2031, USD Million
- TABLE 35Canada Thyroid Function Testing Market, 2020 - 2023, USD Million
- TABLE 36Canada Thyroid Function Testing Market, 2024 - 2031, USD Million
- TABLE 37Canada Thyroid Function Testing Market by End-use, 2020 - 2023, USD Million
- TABLE 38Canada Thyroid Function Testing Market by End-use, 2024 - 2031, USD Million
- TABLE 39Canada Thyroid Function Testing Market by Test Type, 2020 - 2023, USD Million
- TABLE 40Canada Thyroid Function Testing Market by Test Type, 2024 - 2031, USD Million
- TABLE 41Mexico Thyroid Function Testing Market, 2020 - 2023, USD Million
- TABLE 42Mexico Thyroid Function Testing Market, 2024 - 2031, USD Million
- TABLE 43Mexico Thyroid Function Testing Market by End-use, 2020 - 2023, USD Million
- TABLE 44Mexico Thyroid Function Testing Market by End-use, 2024 - 2031, USD Million
- TABLE 45Mexico Thyroid Function Testing Market by Test Type, 2020 - 2023, USD Million
- TABLE 46Mexico Thyroid Function Testing Market by Test Type, 2024 - 2031, USD Million
- TABLE 47Rest of North America Thyroid Function Testing Market, 2020 - 2023, USD Million
- TABLE 48Rest of North America Thyroid Function Testing Market, 2024 - 2031, USD Million
- TABLE 49Rest of North America Thyroid Function Testing Market by End-use, 2020 - 2023, USD Million
- TABLE 50Rest of North America Thyroid Function Testing Market by End-use, 2024 - 2031, USD Million
- TABLE 51Rest of North America Thyroid Function Testing Market by Test Type, 2020 - 2023, USD Million
- TABLE 52Rest of North America Thyroid Function Testing Market by Test Type, 2024 - 2031, USD Million
- TABLE 53Key information - Quest Diagnostics Incorporated
- TABLE 54Key Information - Laboratory Corporation of America holdings
- TABLE 55Key Information - Ulta Lab Tests, LLC
- TABLE 56Key Information - DHA Laboratory
- TABLE 57Key Information - Everly Health, Inc.
- TABLE 58Key Information - ZRT Laboratory LLC
- TABLE 59Key Information - Danaher Corporation
- TABLE 60Key Information - Thyrocare Technologies Limited
- TABLE 61Key Information - Siemens Healthineers AG
- TABLE 62Key Information - Abbott Laboratories
