Thyroid Function Test Market

By Test;

TSH Test, Free & Total T4 Test, Free & Total T3 Test, Anti-TPO & Anti-TG Antibody Tests and Others

By Technique;

Immunoassay (CLIA, ELISA, RIA), Rapid Point-of-Care Tests, Mass Spectrometry and Others

By Sample Type;

Serum & Plasma, Capillary Blood (Finger-Prick) and Dried Blood Spot

By End-User;

Hospitals, Diagnostic Laboratories and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn141220751 Published Date: October, 2025 Updated Date: November, 2025

Thyroid Function Test Market Overview

Thyroid Function Test Market (USD Million)

Thyroid Function Test Market was valued at USD 1,224.79 million in the year 2024. The size of this market is expected to increase to USD 1,798.65 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.6%.


Thyroid Function Test Market

*Market size in USD million

CAGR 5.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.6 %
Market Size (2024)USD 1,224.79 Million
Market Size (2031)USD 1,798.65 Million
Market ConcentrationMedium
Report Pages329
1,224.79
2024
1,798.65
2031

Major Players

  • Quest Diagnostics
  • Laboratory Corporation of America Holdings
  • Ulta Lab Tests, LLC
  • DHA Laboratory
  • Everlywell, Inc.
  • ZRT Laboratory
  • Paloma

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Thyroid Function Test Market

Fragmented - Highly competitive market without dominant players


The Thyroid Function Test Market continues to witness notable expansion, fueled by the growing prevalence of thyroid-related disorders such as hypothyroidism, hyperthyroidism, and thyroid cancer. Increasing emphasis on preventive care and routine diagnostics has encouraged patients to undergo regular thyroid assessments. Around 65% of thyroid conditions are now detected through simple blood tests, showcasing their critical role in treatment and disease management.

Growing demand for early diagnosis
A stronger inclination toward early diagnosis is reshaping the market, with both individuals and healthcare providers relying heavily on timely thyroid screenings. Over 55% of patients undergo testing during the early stages of thyroid dysfunction, ensuring better outcomes and reducing health risks. This rising awareness highlights the expanding role of thyroid testing in preventive healthcare.

Advancements in testing technologies
Rapid progress in diagnostic technologies has elevated the precision and accessibility of thyroid testing. Automated systems and portable testing kits are gaining traction, with nearly 40% of recent innovations focused on advanced testing solutions. These improvements not only reduce diagnostic time but also enhance the efficiency of healthcare services.

Rising healthcare awareness and screening programs
Growing health consciousness and organized screening programs are driving the widespread adoption of thyroid tests. Initiatives led by medical institutions and organizations emphasize regular testing for early detection. Presently, over 50% of endocrine-related awareness programs integrate thyroid tests, reflecting their essential role in preventive strategies.

Future outlook and market expansion
The Thyroid Function Test market is projected to grow steadily, powered by technological innovations, increased healthcare spending, and collaborations across the healthcare ecosystem. With more than 45% of healthcare investments directed toward strengthening diagnostic infrastructure, the market is poised for continuous growth and broader adoption in the future.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Test
    2. Market Snapshot, By Technique
    3. Market Snapshot, By Sample Type
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. Thyroid Function Test Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising thyroid disorders
        2. Increasing health awareness
        3. Technological advancements
        4. Growing elderly population
        5. Enhanced diagnostic techniques
      2. Restraints
        1. High test cost
        2. Limited accessibility areas
        3. Lack of awareness
        4. Diagnostic errors risks
        5. Insufficient healthcare facilities
      3. Opportunities
        1. Emerging market growth
        2. Technological innovation potential
        3. Strategic partnerships expansion
        4. Point-of-care testing
        5. Telemedicine integration possibilities
    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. Thyroid Function Test Market, By Test, 2021 - 2031 (USD Million)
      1. TSH Test
      2. Free & Total T4 Test
      3. Free & Total T3 Test
      4. Anti-TPO & Anti-TG Antibody Tests
      5. Others
    2. Thyroid Function Test Market, By Technique, 2021 - 2031 (USD Million)
      1. Immunoassay
        1. CLIA
        2. ELISA
        3. RIA
      2. Rapid Point-of-Care Tests
      3. Mass Spectrometry
      4. Others
    3. Thyroid Function Test Market, By Sample Type, 2021 - 2031 (USD Million)
      1. Serum & Plasma
      2. Capillary Blood (Finger-Prick)
      3. Dried Blood Spot
    4. Thyroid Function Test Market, By End-User, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Diagnostic Laboratories
      3. Others
    5. Thyroid Function Test 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. Roche Diagnostics
      2. Abbott Laboratories
      3. Thermo Fisher Scientific
      4. Danaher Corporation
      5. Siemens Healthineers
      6. bioMerieux
      7. DiaSorin
      8. Autobio Diagnostics
      9. Qualigen, Inc.
      10. KRONUS Inc.
      11. PerkinElmer
      12. Merck
      13. Ortho Clinical Diagnostics
      14. Mindray
      15. Randox Laboratories
  7. Analyst Views
  8. Future Outlook of the Market