Global Thyroid Cancer Diagnostics Market Size & Outlook

The thyroid cancer diagnostics industry worldwide is expected to reach a projected revenue of US$ 3,849.5 million by 2027. A compound annual growth rate of 5.5% is expected of the worldwide thyroid cancer diagnostics industry from 2020 to 2027.
Revenue, 2019 (US$M)
$2,506.0
Forecast, 2027 (US$M)
$3,849.5
CAGR, 2020 - 2027
5.5%
Report Coverage
Worldwide

Global thyroid cancer diagnostics market highlights

  • The global thyroid cancer diagnostics market generated a revenue of USD 2,506.0 million in 2019 and is expected to reach USD 3,849.5 million by 2027.
  • The market is expected to grow at a CAGR (2020 - 2027) of 5.5% by 2027.
  • In terms of segment, papillary carcinoma accounted for a revenue of USD 2,010.0 million in 2019.
  • Follicular Carcinoma is the most lucrative type segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2019.
  • Country-wise, U.S. is expected to register the highest CAGR from 2020 to 2027.

Global data book summary

Market revenue in 2019USD 2,506.0 million
Market revenue in 2027USD 3,849.5 million
Growth rate5.5% (CAGR from 2019 to 2027)
Largest segmentPapillary carcinoma
Fastest growing segmentFollicular Carcinoma
Historical data covered2016 - 2018
Base year for estimation2019
Forecast period covered2020 - 2027
Quantitative unitsRevenue in USD million
Market segmentationPapillary Carcinoma, Follicular Carcinoma

Other key industry trends

  • In terms of revenue, the North America accounted for 43.1% of the global thyroid cancer diagnostics market in 2019.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
  • By country, U.S. is the fastest growing regional market and is projected to reach USD 1,350.8 million by 2027.

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Thyroid Cancer Diagnostics Market Companies

Name Profile # Employees HQ Website

Global thyroid cancer diagnostics market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to thyroid cancer diagnostics market will help companies and investors design strategic landscapes.


Papillary carcinoma was the largest segment with a revenue share of 80.21% in 2019. Horizon Databook has segmented the Global thyroid cancer diagnostics market based on papillary carcinoma, follicular carcinoma covering the revenue growth of each sub-segment from 2016 to 2027.


  • Global Thyroid Cancer Diagnostics Type Outlook (Revenue, USD Million, 2016-2027)
    • Papillary Carcinoma
    • Follicular Carcinoma
    • Others
  • Global Thyroid Cancer Diagnostics Technique Outlook (Revenue, USD Million, 2016-2027)
    • Blood Test
    • Imaging
    • Biopsy
    • Others
  • Global Thyroid Cancer Diagnostics End Use Outlook (Revenue, USD Million, 2016-2027)
    • Hospital Laboratories
    • Cancer Diagnostic Centers
    • Research Institutes
    • Others

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Target buyers of Global thyroid cancer diagnostics market databook

  • Our clientele includes a mix of thyroid cancer diagnostics market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of global-level data and insights on the Global thyroid cancer diagnostics market , including forecasts for subscribers. This global databook contains high-level insights into Global thyroid cancer diagnostics market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Global thyroid cancer diagnostics market size, by regions, 2016-2027 (US$M)

Top 10 countries: Thyroid cancer diagnostics market size, 2019 (US$M)

Global thyroid cancer diagnostics market share, by type, 2019 & 2027 (%, US$M)

Thyroid cancer diagnostics market: Opportunity assessment by country

Global thyroid cancer diagnostics market, by region, 2019 (US$M)

Global thyroid cancer diagnostics market size, by regions, 2016-2027 (US$M)

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