Middle East & Africa Thyroid Function Testing Market Size & Outlook
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MEA thyroid function testing market highlights
- The MEA thyroid function testing market generated a revenue of USD 208.2 million in 2023.
- The market is expected to grow at a CAGR of 3% 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, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 208.2 million |
| Market revenue in 2030 | USD 255.9 million |
| Growth rate | 3% (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, MEA region accounted for 4.3% 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 |
Middle East & Africa 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 43.18% in 2023. Horizon Databook has segmented the Middle East & Africa 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 Middle East & Africa 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 Middle East & Africa thyroid function testing market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa thyroid function testing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA thyroid function testing market report size, by country, 2018-2030 (US$M)
Middle East & Africa Thyroid Function Testing Market Outlook Share, 2023 & 2030 (US$M)
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