Europe Thyroid Function Testing Market Size & Outlook
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Europe thyroid function testing market highlights
- The Europe thyroid function testing market generated a revenue of USD 1,389.6 million in 2023.
- The market is expected to grow at a CAGR of 6.7% from 2024 to 2030.
- In terms of segment, tsh test was the largest revenue generating test type in 2023.
- TSH Test is the most lucrative test type segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 1,389.6 million |
| Market revenue in 2030 | USD 2,194.5 million |
| Growth rate | 6.7% (CAGR from 2023 to 2030) |
| Largest segment | Tsh test |
| Fastest growing segment | TSH Test |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | TSH Test, T4 Test, T3 Test, Free T4 Test, Free T3 Test |
| Key market players worldwide | Quest Diagnostics Inc, Labcorp Holdings Inc, Everly Health, Palomar Holdings Inc, Neuberg Diagnostics, Thyrocare Technologies, Ulta Lab Tests, DHA Laboratory, ZRT Laboratory, LifeLabs |
Other key industry trends
- In terms of revenue, Europe region accounted for 29.0% of the global thyroid function testing market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,043.7 million by 2030.
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Thyroid Function Testing Market Scope
Thyroid Function Testing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| LifeLabs | View profile | 5001-10000 | Toronto, Ontario, Canada, North America | http://lifelabs.com |
| ZRT Laboratory | View profile | 101-250 | Beaverton, Oregon, United States, North America | http://zrtlab.com |
| DHA Laboratory | View profile | 11-50 | Mount Prospect, Illinois, United States, North America | https://www.dhalab.com/ |
| Ulta Lab Tests | View profile | 11-50 | Scottsdale, Arizona, United States, North America | https://www.ultalabtests.com |
| Thyrocare Technologies | View profile | 501-1000 | Mumbai, Maharashtra, India, Asia | https://thyrocare.com/ |
| Everly Health | View profile | 501-1000 | Austin, Texas, United States, North America | https://www.everlyhealth.com/ |
| Palomar Holdings Inc | View profile | 213 | 7979 Ivanhoe Avenue, Suite 500, La Jolla, CA, United States, 92037 | https://plmr.com |
| Neuberg Diagnostics | View profile | 501-1000 | Chennai, Tamil Nadu, India, Asia | http://www.neubergdiagnostics.com/ |
| Labcorp Holdings Inc | View profile | 67000 | 358 South Main Street, Burlington, NC, United States, 27215 | https://www.labcorp.com |
| Quest Diagnostics Inc | View profile | 48000 | 500 Plaza Drive, Secaucus, NJ, United States, 07094 | https://www.questdiagnostics.com |
Europe 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 42.89% in 2023. Horizon Databook has segmented the Europe 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.
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Target buyers of Europe thyroid function testing market databook
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Our clientele includes a mix of thyroid function testing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 continent-level data and insights on the Europe thyroid function testing market , including forecasts for subscribers. This continent databook contains high-level insights into Europe thyroid function testing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe thyroid function testing market report size, by country, 2018-2030 (US$M)
Europe Thyroid Function Testing Market Outlook Share, 2023 & 2030 (US$M)
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