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PUBLISHER: KBV Research | PRODUCT CODE: 1462229

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PUBLISHER: KBV Research | PRODUCT CODE: 1462229

Asia Pacific 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

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The Asia Pacific Thyroid Function Testing Market would witness market growth of 7.2% CAGR during the forecast period (2023-2030).

The China market dominated the Asia Pacific Thyroid Function Testing Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $531 million by 2031. The Japan market is registering a CAGR of 6.5% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 7.9% during (2024 - 2031).

Thyroid function testing has been widely adopted across various healthcare settings, driven by several factors that underscore its importance in clinical practice. For example, it has become a routine part of healthcare screenings and diagnostic protocols, especially in primary care settings. Healthcare providers frequently order thyroid function tests as part of comprehensive health assessments, annual check-ups, and evaluations for common symptoms associated with thyroid dysfunction.

The growing prevalence of thyroid disorders, coupled with increased awareness among healthcare professionals and the general population, has led to greater adoption of such testing. Rising incidence rates of conditions such as hypothyroidism, hyperthyroidism, thyroid nodules, and autoimmune thyroid diseases have emphasized the importance of early detection and monitoring through thyroid function tests.

With a rise in the prevalence of thyroid disorders, there is likely to be an increased demand for thyroid function tests (TFTs) in India. India, too, is no exception. According to a projection from various studies on thyroid disease, it has been estimated that about 42 million people in India suffer from thyroid disease. Hence, the increasing prevalence of thyroid-related disease and the growing elderly population in the region drive the market's growth.

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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

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

Asia Pacific 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

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Table of Contents

Chapter 1.Market Scope & Methodology

  • 1.1Market Definition
  • 1.2Objectives
  • 1.3Market Scope
  • 1.4Segmentation
    • 1.4.1Asia Pacific Thyroid Function Testing Market, by End-use
    • 1.4.2Asia Pacific Thyroid Function Testing Market, by Test Type
    • 1.4.3Asia Pacific 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
  • 3.2Key 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.Asia Pacific Thyroid Function Testing Market by End-use

  • 4.1Asia Pacific Hospitals Market by Country
  • 4.2Asia Pacific Diagnostic Laboratories Market by Country
  • 4.3Asia Pacific Clinics Market by Country
  • 4.4Asia Pacific Research Laboratories & Institutes Market by Country

Chapter 5.Asia Pacific Thyroid Function Testing Market by Test Type

  • 5.1Asia Pacific TSH Test Market by Country
  • 5.2Asia Pacific Free T4 Test Market by Country
  • 5.3Asia Pacific T4 Test Market by Country
  • 5.4Asia Pacific T3 Test Market by Country
  • 5.5Asia Pacific Free T3 Test Market by Country
  • 5.6Asia Pacific Others Market by Country

Chapter 6.Asia Pacific Thyroid Function Testing Market by Country

  • 6.1China Thyroid Function Testing Market
    • 6.1.1China Thyroid Function Testing Market by End-use
    • 6.1.2China Thyroid Function Testing Market by Test Type
  • 6.2Japan Thyroid Function Testing Market
    • 6.2.1Japan Thyroid Function Testing Market by End-use
    • 6.2.2Japan Thyroid Function Testing Market by Test Type
  • 6.3India Thyroid Function Testing Market
    • 6.3.1India Thyroid Function Testing Market by End-use
    • 6.3.2India Thyroid Function Testing Market by Test Type
  • 6.4South Korea Thyroid Function Testing Market
    • 6.4.1South Korea Thyroid Function Testing Market by End-use
    • 6.4.2South Korea Thyroid Function Testing Market by Test Type
  • 6.5Singapore Thyroid Function Testing Market
    • 6.5.1Singapore Thyroid Function Testing Market by End-use
    • 6.5.2Singapore Thyroid Function Testing Market by Test Type
  • 6.6Malaysia Thyroid Function Testing Market
    • 6.6.1Malaysia Thyroid Function Testing Market by End-use
    • 6.6.2Malaysia Thyroid Function Testing Market by Test Type
  • 6.7Rest of Asia Pacific Thyroid Function Testing Market
    • 6.7.1Rest of Asia Pacific Thyroid Function Testing Market by End-use
    • 6.7.2Rest of Asia Pacific 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 1Asia Pacific Thyroid Function Testing Market, 2020 - 2023, USD Million
  • TABLE 2Asia Pacific Thyroid Function Testing Market, 2024 - 2031, USD Million
  • TABLE 3Asia Pacific Thyroid Function Testing Market by End-use, 2020 - 2023, USD Million
  • TABLE 4Asia Pacific Thyroid Function Testing Market by End-use, 2024 - 2031, USD Million
  • TABLE 5Asia Pacific Hospitals Market by Country, 2020 - 2023, USD Million
  • TABLE 6Asia Pacific Hospitals Market by Country, 2024 - 2031, USD Million
  • TABLE 7Asia Pacific Diagnostic Laboratories Market by Country, 2020 - 2023, USD Million
  • TABLE 8Asia Pacific Diagnostic Laboratories Market by Country, 2024 - 2031, USD Million
  • TABLE 9Asia Pacific Clinics Market by Country, 2020 - 2023, USD Million
  • TABLE 10Asia Pacific Clinics Market by Country, 2024 - 2031, USD Million
  • TABLE 11Asia Pacific Research Laboratories & Institutes Market by Country, 2020 - 2023, USD Million
  • TABLE 12Asia Pacific Research Laboratories & Institutes Market by Country, 2024 - 2031, USD Million
  • TABLE 13Asia Pacific Thyroid Function Testing Market by Test Type, 2020 - 2023, USD Million
  • TABLE 14Asia Pacific Thyroid Function Testing Market by Test Type, 2024 - 2031, USD Million
  • TABLE 15Asia Pacific TSH Test Market by Country, 2020 - 2023, USD Million
  • TABLE 16Asia Pacific TSH Test Market by Country, 2024 - 2031, USD Million
  • TABLE 17Asia Pacific Free T4 Test Market by Country, 2020 - 2023, USD Million
  • TABLE 18Asia Pacific Free T4 Test Market by Country, 2024 - 2031, USD Million
  • TABLE 19Asia Pacific T4 Test Market by Country, 2020 - 2023, USD Million
  • TABLE 20Asia Pacific T4 Test Market by Country, 2024 - 2031, USD Million
  • TABLE 21Asia Pacific T3 Test Market by Country, 2020 - 2023, USD Million
  • TABLE 22Asia Pacific T3 Test Market by Country, 2024 - 2031, USD Million
  • TABLE 23Asia Pacific Free T3 Test Market by Country, 2020 - 2023, USD Million
  • TABLE 24Asia Pacific Free T3 Test Market by Country, 2024 - 2031, USD Million
  • TABLE 25Asia Pacific Others Market by Country, 2020 - 2023, USD Million
  • TABLE 26Asia Pacific Others Market by Country, 2024 - 2031, USD Million
  • TABLE 27Asia Pacific Thyroid Function Testing Market by Country, 2020 - 2023, USD Million
  • TABLE 28Asia Pacific Thyroid Function Testing Market by Country, 2024 - 2031, USD Million
  • TABLE 29China Thyroid Function Testing Market, 2020 - 2023, USD Million
  • TABLE 30China Thyroid Function Testing Market, 2024 - 2031, USD Million
  • TABLE 31China Thyroid Function Testing Market by End-use, 2020 - 2023, USD Million
  • TABLE 32China Thyroid Function Testing Market by End-use, 2024 - 2031, USD Million
  • TABLE 33China Thyroid Function Testing Market by Test Type, 2020 - 2023, USD Million
  • TABLE 34China Thyroid Function Testing Market by Test Type, 2024 - 2031, USD Million
  • TABLE 35Japan Thyroid Function Testing Market, 2020 - 2023, USD Million
  • TABLE 36Japan Thyroid Function Testing Market, 2024 - 2031, USD Million
  • TABLE 37Japan Thyroid Function Testing Market by End-use, 2020 - 2023, USD Million
  • TABLE 38Japan Thyroid Function Testing Market by End-use, 2024 - 2031, USD Million
  • TABLE 39Japan Thyroid Function Testing Market by Test Type, 2020 - 2023, USD Million
  • TABLE 40Japan Thyroid Function Testing Market by Test Type, 2024 - 2031, USD Million
  • TABLE 41India Thyroid Function Testing Market, 2020 - 2023, USD Million
  • TABLE 42India Thyroid Function Testing Market, 2024 - 2031, USD Million
  • TABLE 43India Thyroid Function Testing Market by End-use, 2020 - 2023, USD Million
  • TABLE 44India Thyroid Function Testing Market by End-use, 2024 - 2031, USD Million
  • TABLE 45India Thyroid Function Testing Market by Test Type, 2020 - 2023, USD Million
  • TABLE 46India Thyroid Function Testing Market by Test Type, 2024 - 2031, USD Million
  • TABLE 47South Korea Thyroid Function Testing Market, 2020 - 2023, USD Million
  • TABLE 48South Korea Thyroid Function Testing Market, 2024 - 2031, USD Million
  • TABLE 49South Korea Thyroid Function Testing Market by End-use, 2020 - 2023, USD Million
  • TABLE 50South Korea Thyroid Function Testing Market by End-use, 2024 - 2031, USD Million
  • TABLE 51South Korea Thyroid Function Testing Market by Test Type, 2020 - 2023, USD Million
  • TABLE 52South Korea Thyroid Function Testing Market by Test Type, 2024 - 2031, USD Million
  • TABLE 53Singapore Thyroid Function Testing Market, 2020 - 2023, USD Million
  • TABLE 54Singapore Thyroid Function Testing Market, 2024 - 2031, USD Million
  • TABLE 55Singapore Thyroid Function Testing Market by End-use, 2020 - 2023, USD Million
  • TABLE 56Singapore Thyroid Function Testing Market by End-use, 2024 - 2031, USD Million
  • TABLE 57Singapore Thyroid Function Testing Market by Test Type, 2020 - 2023, USD Million
  • TABLE 58Singapore Thyroid Function Testing Market by Test Type, 2024 - 2031, USD Million
  • TABLE 59Malaysia Thyroid Function Testing Market, 2020 - 2023, USD Million
  • TABLE 60Malaysia Thyroid Function Testing Market, 2024 - 2031, USD Million
  • TABLE 61Malaysia Thyroid Function Testing Market by End-use, 2020 - 2023, USD Million
  • TABLE 62Malaysia Thyroid Function Testing Market by End-use, 2024 - 2031, USD Million
  • TABLE 63Malaysia Thyroid Function Testing Market by Test Type, 2020 - 2023, USD Million
  • TABLE 64Malaysia Thyroid Function Testing Market by Test Type, 2024 - 2031, USD Million
  • TABLE 65Rest of Asia Pacific Thyroid Function Testing Market, 2020 - 2023, USD Million
  • TABLE 66Rest of Asia Pacific Thyroid Function Testing Market, 2024 - 2031, USD Million
  • TABLE 67Rest of Asia Pacific Thyroid Function Testing Market by End-use, 2020 - 2023, USD Million
  • TABLE 68Rest of Asia Pacific Thyroid Function Testing Market by End-use, 2024 - 2031, USD Million
  • TABLE 69Rest of Asia Pacific Thyroid Function Testing Market by Test Type, 2020 - 2023, USD Million
  • TABLE 70Rest of Asia Pacific Thyroid Function Testing Market by Test Type, 2024 - 2031, USD Million
  • TABLE 71Key information - Quest Diagnostics Incorporated
  • TABLE 72Key Information - Laboratory Corporation of America holdings
  • TABLE 73Key Information - Ulta Lab Tests, LLC
  • TABLE 74Key Information - DHA Laboratory
  • TABLE 75Key Information - Everly Health, Inc.
  • TABLE 76Key Information - ZRT Laboratory LLC
  • TABLE 77Key Information - Danaher Corporation
  • TABLE 78Key Information - Thyrocare Technologies Limited
  • TABLE 79Key Information - Siemens Healthineers AG
  • TABLE 80Key Information - Abbott Laboratories
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