Global Thyroid Disorder Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Hypothyroidism and Hyperthyroidism.

By Treatment;

Medications, Radioactive Iodine Therapy and Surgery.

By Route Of Administration;

Oral and Intravenous.

By End User;

Hospitals and Clinics.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn258222515 Published Date: February, 2025 Updated Date: March, 2025

Introduction

Global Thyroid Disorder Market (USD Million), 2021 - 2031

In the year 2024, the Global Thyroid Disorder Market was valued at USD 1,689.17 million. The size of this market is expected to increase to USD 2,106.01 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.2%.

The global thyroid disorder market encompasses a range of products and services aimed at diagnosing, managing, and treating various thyroid-related conditions such as hypothyroidism, hyperthyroidism, thyroid nodules, and thyroid cancer. Thyroid disorders are prevalent worldwide, affecting millions of people and leading to significant health issues if left untreated. These disorders can result from various factors including iodine deficiency, autoimmune diseases, and genetic predispositions.

The market is driven by the increasing prevalence of thyroid disorders, which has led to a heightened demand for effective diagnostic and therapeutic options. Advanced diagnostic technologies, such as high-sensitivity thyroid function tests and imaging techniques, have improved the accuracy and early detection of thyroid disorders. Additionally, there has been a substantial rise in health awareness and education about thyroid health, prompting individuals to seek timely medical intervention.

Innovations in treatment options, including synthetic thyroid hormones and targeted therapies for thyroid cancer, have significantly enhanced patient outcomes. The expanding healthcare infrastructure, particularly in emerging economies, has facilitated better access to thyroid disorder treatments. Furthermore, the growing elderly population, who are more susceptible to thyroid dysfunction, has contributed to market growth.

However, the market faces several restraints. High treatment costs, especially for advanced therapies, limit accessibility for many patients. Additionally, limited healthcare access in certain regions and low diagnosis rates pose challenges to market expansion. Regulatory approval delays and market competition also hinder growth.

Despite these challenges, the global thyroid disorder market offers substantial opportunities. Emerging markets present a significant growth area due to improving healthcare systems. Advances in personalized medicine and digital health integration are poised to revolutionize thyroid disorder management. Moreover, novel therapeutic developments and international collaborations are expected to drive the market forward, addressing unmet needs and enhancing patient care.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Treatment
    3. Market Snapshot, By Route Of Administration
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. Global Thyroid Disorder Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing disease prevalence
        2. Advanced diagnostic technologies
        3. Rising health awareness
        4. Improved treatment options
        5. Expanding healthcare infrastructure
      2. Restraints
        1. High treatment costs
        2. Limited healthcare access
        3. Low diagnosis rates
        4. Side effects concerns
        5. Insurance coverage limitations
      3. Opportunities
        1. Emerging market expansion
        2. Personalized medicine growth
        3. Digital health integration
        4. Novel therapeutic developments
        5. Public-private partnerships
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Thyroid Disorder Market, By Type, 2021 - 2031 (USD Million)
      1. Hypothyroidism
      2. Hyperthyroidism
    2. Global Thyroid Disorder Market, By Treatment, 2021 - 2031 (USD Million)
      1. Medications
      2. Radioactive Iodine Therapy
      3. Surgery
    3. Global Thyroid Disorder Market, By Route Of Administration, 2021 - 2031 (USD Million)
      1. Oral
      2. Intravenous
    4. Global Thyroid Disorder Market, By End User, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Clinics
    5. Global Thyroid Disorder Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Pfizer Inc
      2. Allergan
      3. AbbVie Inc.
      4. Merck KGaA
      5. RLC Labs
      6. GlaxoSmithKline Plc
      7. Mylan
  7. Analyst Views
  8. Future Outlook of the Market