Global Thyroid Function Testing Market Size & Outlook

The thyroid function testing industry worldwide is expected to reach a projected revenue of US$ 7,272.0 million by 2030. A compound annual growth rate of 6.2% is expected of the worldwide thyroid function testing industry from 2024 to 2030.
Revenue, 2023 (US$M)
$4,787.7
Forecast, 2030 (US$M)
$7,272.0
CAGR, 2024 - 2030
6.2%
Report Coverage
Worldwide

Global thyroid function testing market, 2018-2030 (US$M)

Global thyroid function testing market highlights

  • The global thyroid function testing market generated a revenue of USD 4,787.7 million in 2023 and is expected to reach USD 7,272.0 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 6.2% by 2030.
  • In terms of segment, tsh test accounted for a revenue of USD 2,061.7 million in 2023.
  • TSH Test is the most lucrative test type segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, Kuwait is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 4,787.7 million
Market revenue in 2030USD 7,272.0 million
Growth rate6.2% (CAGR from 2023 to 2030)
Largest segmentTsh test
Fastest growing segmentTSH Test
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationTSH Test, T4 Test, T3 Test, Free T4 Test, Free T3 Test

Other key industry trends

  • In terms of revenue, the North America accounted for 47.6% of the global thyroid function testing market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Kuwait is the fastest growing regional market and is projected to reach USD 25.3 million by 2030.

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Thyroid Function Testing Market Companies

Name Profile # Employees HQ Website

Global thyroid function testing 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 function testing market will help companies and investors design strategic landscapes.


Tsh test was the largest segment with a revenue share of 43.06% in 2023. Horizon Databook has segmented the Global thyroid function testing market based on tsh test, t4 test, t3 test, free t4 test, free t3 test covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Thyroid Function Testing Test Type Outlook (Revenue, USD Million, 2018-2030)
    • TSH Test
    • T4 Test
    • T3 Test
    • Free T4 Test
    • Free T3 Test
    • Others
  • Global Thyroid Function Testing End Use Outlook (Revenue, USD Million, 2018-2030)
    • Clinics
    • Diagnostic Laboratories
    • Hospitals
    • Research Laboratories and Institutes

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Target buyers of Global thyroid function testing market databook

  • Our clientele includes a mix of thyroid function testing 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 function testing market , including forecasts for subscribers. This global databook contains high-level insights into Global thyroid function testing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global thyroid function testing market report size, by regions, 2018-2030 (US$M)

Top 10 countries: Thyroid function testing market report size, 2023 (US$M)

Global thyroid function testing market report share, by test type, 2023 & 2030 (%, US$M)

Thyroid function testing market: Opportunity assessment by country

Global thyroid function testing market, by region, 2023 (US$M)

Global thyroid function testing market report size, by regions, 2018-2030 (US$M)

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