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PUBLISHER: KBV Research | PRODUCT CODE: 1462230
PUBLISHER: KBV Research | PRODUCT CODE: 1462230
LAMEA Thyroid Function Testing Market Size, Share & Trends Analysis Report By End-use, By Test Type (TSH Test, Free T4 Test, T4 Test, T3 Test, Free T3 Test, and Others) By Country and Growth Forecast, 2024 - 2031
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The Latin America, Middle East and Africa Thyroid Function Testing Market would witness market growth of 8.8% CAGR during the forecast period (2023-20).
The Brazil market dominated the LAMEA Thyroid Function Testing Market by Country in 2023 and would continue to be a dominant market till 2031; thereby, achieving a market value of $161.6 million by 2031. The Argentina market is showcasing a CAGR of 9.4% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 8.4% during (2024 - 2031).
Thyroid function testing has become more accessible and affordable due to advancements in laboratory automation, assay technologies, and point-of-care testing options. Automated immunoassays, chemiluminescent assays, and rapid point-of-care devices have improved testing efficiency, reduced turnaround times, and lowered costs, making this more accessible to patients and healthcare providers.
Thyroid function testing is undergoing rapid evolution, driven by technological advancements, shifting healthcare paradigms, and emerging trends in personalized medicine. For example, multiplexed assays and panel testing platforms are gaining demand for comprehensive thyroid function assessment, allowing simultaneous measurement of multiple thyroid hormones, autoantibodies, and biomarkers in a single sample.
The increasing incidence of thyroid cancer in Saudi Arabia is likely to have a significant impact on the market in the country. According to the data from the National Library of Medicine In Saudi Arabia, there were 2833 cases of TC in 2020, making it the second most common cancer in women (compared to 6.2% in men). Therefore, the growing prevalence of thyroid cancer and increasing aging population is driving the growth of the market.
Based on End-use, the market is segmented into Hospitals, Diagnostic Laboratories, Clinics, and Research Laboratories & Institutes. Based on Test Type, the market is segmented into TSH Test, Free T4 Test, T4 Test, T3 Test, Free T3 Test, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Quest Diagnostics Incorporated
- Laboratory Corporation of America Holdings
- Ulta Lab Tests, LLC
- DHA Laboratory
- Everly Health, Inc.
- ZRT Laboratory LLC
- Danaher Corporation
- Thyrocare Technologies Limited
- Siemens Healthineers AG (Siemens AG)
- Abbott Laboratories
LAMEA Thyroid Function Testing Market Report Segmentation
By End-use
- Hospitals
- Diagnostic Laboratories
- Clinics
- Research Laboratories & Institutes
By Test Type
- TSH Test
- Free T4 Test
- T4 Test
- T3 Test
- Free T3 Test
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1.Market Scope & Methodology
- 1.1Market Definition
- 1.2Objectives
- 1.3Market Scope
- 1.4Segmentation
- 1.4.1LAMEA Thyroid Function Testing Market, by End-use
- 1.4.2LAMEA Thyroid Function Testing Market, by Test Type
- 1.4.3LAMEA Thyroid Function Testing Market, by Country
- 1.5Methodology for the research
Chapter 2.Market at a Glance
- 2.1Key Highlights
Chapter 3.Market Overview
- 3.1Introduction
- 3.1.1Overview
- 3.1.1.1Market Composition and Scenario
- 3.1.1Overview
- 3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
- 3.3Porter's Five Forces Analysis
Chapter 4.LAMEA Thyroid Function Testing Market by End-use
- 4.1LAMEA Hospitals Market by Country
- 4.2LAMEA Diagnostic Laboratories Market by Country
- 4.3LAMEA Clinics Market by Country
- 4.4LAMEA Research Laboratories & Institutes Market by Country
Chapter 5.LAMEA Thyroid Function Testing Market by Test Type
- 5.1LAMEA TSH Test Market by Country
- 5.2LAMEA Free T4 Test Market by Country
- 5.3LAMEA T4 Test Market by Country
- 5.4LAMEA T3 Test Market by Country
- 5.5LAMEA Free T3 Test Market by Country
- 5.6LAMEA Others Market by Country
Chapter 6.LAMEA Thyroid Function Testing Market by Country
- 6.1Brazil Thyroid Function Testing Market
- 6.1.1Brazil Thyroid Function Testing Market by End-use
- 6.1.2Brazil Thyroid Function Testing Market by Test Type
- 6.2Argentina Thyroid Function Testing Market
- 6.2.1Argentina Thyroid Function Testing Market by End-use
- 6.2.2Argentina Thyroid Function Testing Market by Test Type
- 6.3UAE Thyroid Function Testing Market
- 6.3.1UAE Thyroid Function Testing Market by End-use
- 6.3.2UAE Thyroid Function Testing Market by Test Type
- 6.4Saudi Arabia Thyroid Function Testing Market
- 6.4.1Saudi Arabia Thyroid Function Testing Market by End-use
- 6.4.2Saudi Arabia Thyroid Function Testing Market by Test Type
- 6.5South Africa Thyroid Function Testing Market
- 6.5.1South Africa Thyroid Function Testing Market by End-use
- 6.5.2South Africa Thyroid Function Testing Market by Test Type
- 6.6Nigeria Thyroid Function Testing Market
- 6.6.1Nigeria Thyroid Function Testing Market by End-use
- 6.6.2Nigeria Thyroid Function Testing Market by Test Type
- 6.7Rest of LAMEA Thyroid Function Testing Market
- 6.7.1Rest of LAMEA Thyroid Function Testing Market by End-use
- 6.7.2Rest of LAMEA Thyroid Function Testing Market by Test Type
Chapter 7.Company Profiles
- 7.1Quest Diagnostics Incorporated
- 7.1.1Company Overview
- 7.1.2Financial Analysis
- 7.1.3Segmental Analysis
- 7.1.4Recent strategies and developments:
- 7.1.4.1Product Launches and Product Expansions:
- 7.1.5SWOT Analysis
- 7.2Laboratory Corporation of America Holdings
- 7.2.1Company Overview
- 7.2.2Financial Analysis
- 7.2.3Segmental Analysis
- 7.2.4Recent strategies and developments:
- 7.2.4.1Product Launches and Product Expansions:
- 7.2.5SWOT Analysis
- 7.3Ulta Lab Tests, LLC
- 7.3.1Company Overview
- 7.3.2SWOT Analysis
- 7.4DHA Laboratory
- 7.4.1Company Overview
- 7.4.2SWOT Analysis
- 7.5Everly Health, Inc.
- 7.5.1Company Overview
- 7.5.2SWOT Analysis
- 7.6ZRT Laboratory LLC
- 7.6.1Company Overview
- 7.6.2Recent strategies and developments:
- 7.6.2.1Product Launches and Product Expansions:
- 7.6.3SWOT Analysis
- 7.7Danaher Corporation
- 7.7.1Company Overview
- 7.7.2Financial Analysis
- 7.7.3Segmental and Regional Analysis
- 7.7.4Research & Development Expense
- 7.7.5SWOT Analysis
- 7.8Thyrocare Technologies Limited
- 7.8.1Company Overview
- 7.8.2Financial Analysis
- 7.8.3Segmental and Regional Analysis
- 7.8.4Recent strategies and developments:
- 7.8.4.1Business Expansions:
- 7.8.5SWOT Analysis
- 7.9Siemens Healthineers AG (Siemens AG)
- 7.9.1Company Overview
- 7.9.2Financial Analysis
- 7.9.3Segmental and Regional Analysis
- 7.9.4Research & Development Expense
- 7.9.5Recent strategies and developments:
- 7.9.5.1Product Launches and Product Expansions:
- 7.9.6SWOT Analysis
- 7.10.Abbott Laboratories
- 7.10.1Company Overview
- 7.10.2Financial Analysis
- 7.10.3Segmental and Regional Analysis
- 7.10.4Research & Development Expense
- 7.10.5SWOT Analysis
LIST OF TABLES
- TABLE 1LAMEA Thyroid Function Testing Market, 2020 - 2023, USD Million
- TABLE 2LAMEA Thyroid Function Testing Market, 2024 - 2031, USD Million
- TABLE 3LAMEA Thyroid Function Testing Market by End-use, 2020 - 2023, USD Million
- TABLE 4LAMEA Thyroid Function Testing Market by End-use, 2024 - 2031, USD Million
- TABLE 5LAMEA Hospitals Market by Country, 2020 - 2023, USD Million
- TABLE 6LAMEA Hospitals Market by Country, 2024 - 2031, USD Million
- TABLE 7LAMEA Diagnostic Laboratories Market by Country, 2020 - 2023, USD Million
- TABLE 8LAMEA Diagnostic Laboratories Market by Country, 2024 - 2031, USD Million
- TABLE 9LAMEA Clinics Market by Country, 2020 - 2023, USD Million
- TABLE 10LAMEA Clinics Market by Country, 2024 - 2031, USD Million
- TABLE 11LAMEA Research Laboratories & Institutes Market by Country, 2020 - 2023, USD Million
- TABLE 12LAMEA Research Laboratories & Institutes Market by Country, 2024 - 2031, USD Million
- TABLE 13LAMEA Thyroid Function Testing Market by Test Type, 2020 - 2023, USD Million
- TABLE 14LAMEA Thyroid Function Testing Market by Test Type, 2024 - 2031, USD Million
- TABLE 15LAMEA TSH Test Market by Country, 2020 - 2023, USD Million
- TABLE 16LAMEA TSH Test Market by Country, 2024 - 2031, USD Million
- TABLE 17LAMEA Free T4 Test Market by Country, 2020 - 2023, USD Million
- TABLE 18LAMEA Free T4 Test Market by Country, 2024 - 2031, USD Million
- TABLE 19LAMEA T4 Test Market by Country, 2020 - 2023, USD Million
- TABLE 20LAMEA T4 Test Market by Country, 2024 - 2031, USD Million
- TABLE 21LAMEA T3 Test Market by Country, 2020 - 2023, USD Million
- TABLE 22LAMEA T3 Test Market by Country, 2024 - 2031, USD Million
- TABLE 23LAMEA Free T3 Test Market by Country, 2020 - 2023, USD Million
- TABLE 24LAMEA Free T3 Test Market by Country, 2024 - 2031, USD Million
- TABLE 25LAMEA Others Market by Country, 2020 - 2023, USD Million
- TABLE 26LAMEA Others Market by Country, 2024 - 2031, USD Million
- TABLE 27LAMEA Thyroid Function Testing Market by Country, 2020 - 2023, USD Million
- TABLE 28LAMEA Thyroid Function Testing Market by Country, 2024 - 2031, USD Million
- TABLE 29Brazil Thyroid Function Testing Market, 2020 - 2023, USD Million
- TABLE 30Brazil Thyroid Function Testing Market, 2024 - 2031, USD Million
- TABLE 31Brazil Thyroid Function Testing Market by End-use, 2020 - 2023, USD Million
- TABLE 32Brazil Thyroid Function Testing Market by End-use, 2024 - 2031, USD Million
- TABLE 33Brazil Thyroid Function Testing Market by Test Type, 2020 - 2023, USD Million
- TABLE 34Brazil Thyroid Function Testing Market by Test Type, 2024 - 2031, USD Million
- TABLE 35Argentina Thyroid Function Testing Market, 2020 - 2023, USD Million
- TABLE 36Argentina Thyroid Function Testing Market, 2024 - 2031, USD Million
- TABLE 37Argentina Thyroid Function Testing Market by End-use, 2020 - 2023, USD Million
- TABLE 38Argentina Thyroid Function Testing Market by End-use, 2024 - 2031, USD Million
- TABLE 39Argentina Thyroid Function Testing Market by Test Type, 2020 - 2023, USD Million
- TABLE 40Argentina Thyroid Function Testing Market by Test Type, 2024 - 2031, USD Million
- TABLE 41UAE Thyroid Function Testing Market, 2020 - 2023, USD Million
- TABLE 42UAE Thyroid Function Testing Market, 2024 - 2031, USD Million
- TABLE 43UAE Thyroid Function Testing Market by End-use, 2020 - 2023, USD Million
- TABLE 44UAE Thyroid Function Testing Market by End-use, 2024 - 2031, USD Million
- TABLE 45UAE Thyroid Function Testing Market by Test Type, 2020 - 2023, USD Million
- TABLE 46UAE Thyroid Function Testing Market by Test Type, 2024 - 2031, USD Million
- TABLE 47Saudi Arabia Thyroid Function Testing Market, 2020 - 2023, USD Million
- TABLE 48Saudi Arabia Thyroid Function Testing Market, 2024 - 2031, USD Million
- TABLE 49Saudi Arabia Thyroid Function Testing Market by End-use, 2020 - 2023, USD Million
- TABLE 50Saudi Arabia Thyroid Function Testing Market by End-use, 2024 - 2031, USD Million
- TABLE 51Saudi Arabia Thyroid Function Testing Market by Test Type, 2020 - 2023, USD Million
- TABLE 52Saudi Arabia Thyroid Function Testing Market by Test Type, 2024 - 2031, USD Million
- TABLE 53South Africa Thyroid Function Testing Market, 2020 - 2023, USD Million
- TABLE 54South Africa Thyroid Function Testing Market, 2024 - 2031, USD Million
- TABLE 55South Africa Thyroid Function Testing Market by End-use, 2020 - 2023, USD Million
- TABLE 56South Africa Thyroid Function Testing Market by End-use, 2024 - 2031, USD Million
- TABLE 57South Africa Thyroid Function Testing Market by Test Type, 2020 - 2023, USD Million
- TABLE 58South Africa Thyroid Function Testing Market by Test Type, 2024 - 2031, USD Million
- TABLE 59Nigeria Thyroid Function Testing Market, 2020 - 2023, USD Million
- TABLE 60Nigeria Thyroid Function Testing Market, 2024 - 2031, USD Million
- TABLE 61Nigeria Thyroid Function Testing Market by End-use, 2020 - 2023, USD Million
- TABLE 62Nigeria Thyroid Function Testing Market by End-use, 2024 - 2031, USD Million
- TABLE 63Nigeria Thyroid Function Testing Market by Test Type, 2020 - 2023, USD Million
- TABLE 64Nigeria Thyroid Function Testing Market by Test Type, 2024 - 2031, USD Million
- TABLE 65Rest of LAMEA Thyroid Function Testing Market, 2020 - 2023, USD Million
- TABLE 66Rest of LAMEA Thyroid Function Testing Market, 2024 - 2031, USD Million
- TABLE 67Rest of LAMEA Thyroid Function Testing Market by End-use, 2020 - 2023, USD Million
- TABLE 68Rest of LAMEA Thyroid Function Testing Market by End-use, 2024 - 2031, USD Million
- TABLE 69Rest of LAMEA Thyroid Function Testing Market by Test Type, 2020 - 2023, USD Million
- TABLE 70Rest of LAMEA Thyroid Function Testing Market by Test Type, 2024 - 2031, USD Million
- TABLE 71Key information - Quest Diagnostics Incorporated
- TABLE 72Key Information - Laboratory Corporation of America holdings
- TABLE 73Key Information - Ulta Lab Tests, LLC
- TABLE 74Key Information - DHA Laboratory
- TABLE 75Key Information - Everly Health, Inc.
- TABLE 76Key Information - ZRT Laboratory LLC
- TABLE 77Key Information - Danaher Corporation
- TABLE 78Key Information - Thyrocare Technologies Limited
- TABLE 79Key Information - Siemens Healthineers AG
- TABLE 80Key Information - Abbott Laboratories
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