DUBLIN--(BUSINESS WIRE)--The "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 has been added to ResearchAndMarkets.com's
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%
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.
However, unfavorable healthcare reforms in the US are likely to restrain
the growth of this market to a certain extent.
By end user, the market is categorized into hospitals, diagnostic laboratories, research laboratories & institutes, and other end users. The hospitals segment is expected to grow at the highest CAGR during the forecast period. The 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), and growing number of public healthcare awareness campaigns organized by hospitals are some of the factors driving this market segment.
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.
The high burden of thyroid diseases, increasing disposable income of the middle-class population in China, presence of a large patient population, growing access to healthcare facilities, and improving healthcare infrastructure in India are some of the other major factors driving the growth of this regional segment.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Thyroid Function Test Market, By Type
7 Thyroid Function Test Market, By End User
8 Thyroid Function Test Market, By Region
9 Competitive Landscape
10 Company Profiles
- Autobio Diagnostics
- Diagnostic Automation/Cortez Diagnostics
- Thermo Fisher
For more information about this report visit https://www.researchandmarkets.com/research/zf8d47/1_68_billion?w=4