Asia Pacific 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

The Asia Pacific Thyroid Function Testing Market would witness market growth of 7.2% CAGR during the forecast period (2023-2031).

The China market dominated the Asia Pacific Thyroid Function Testing Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $531 million by 2031. The Japan market is registering a CAGR of 6.5% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 7.9% during (2024 - 2031).

Thyroid function testing has been widely adopted across various healthcare settings, driven by several factors that underscore its importance in clinical practice. For example, it has become a routine part of healthcare screenings and diagnostic protocols, especially in primary care settings. Healthcare providers frequently order thyroid function tests as part of comprehensive health assessments, annual check-ups, and evaluations for common symptoms associated with thyroid dysfunction.

The growing prevalence of thyroid disorders, coupled with increased awareness among healthcare professionals and the general population, has led to greater adoption of such testing. Rising incidence rates of conditions such as hypothyroidism, hyperthyroidism, thyroid nodules, and autoimmune thyroid diseases have emphasized the importance of early detection and monitoring through thyroid function tests.

With a rise in the prevalence of thyroid disorders, there is likely to be an increased demand for thyroid function tests (TFTs) in India. India, too, is no exception. According to a projection from various studies on thyroid disease, it has been estimated that about 42 million people in India suffer from thyroid disease. Hence, the increasing prevalence of thyroid-related disease and the growing elderly population in the region drive the market’s growth.

Free Valuable Insights: The Global Thyroid Function Testing Market is Predict to reach USD 7.5 Billion by 2031, at a CAGR of 6.4%

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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

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

Asia Pacific 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

• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Thyroid Function Testing Market, by End-use
1.4.2 Asia Pacific Thyroid Function Testing Market, by Test Type
1.4.3 Asia Pacific Thyroid Function Testing Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis

Chapter 4. Asia Pacific Thyroid Function Testing Market by End-use
4.1 Asia Pacific Hospitals Market by Country
4.2 Asia Pacific Diagnostic Laboratories Market by Country
4.3 Asia Pacific Clinics Market by Country
4.4 Asia Pacific Research Laboratories & Institutes Market by Country

Chapter 5. Asia Pacific Thyroid Function Testing Market by Test Type
5.1 Asia Pacific TSH Test Market by Country
5.2 Asia Pacific Free T4 Test Market by Country
5.3 Asia Pacific T4 Test Market by Country
5.4 Asia Pacific T3 Test Market by Country
5.5 Asia Pacific Free T3 Test Market by Country
5.6 Asia Pacific Others Market by Country

Chapter 6. Asia Pacific Thyroid Function Testing Market by Country
6.1 China Thyroid Function Testing Market
6.1.1 China Thyroid Function Testing Market by End-use
6.1.2 China Thyroid Function Testing Market by Test Type
6.2 Japan Thyroid Function Testing Market
6.2.1 Japan Thyroid Function Testing Market by End-use
6.2.2 Japan Thyroid Function Testing Market by Test Type
6.3 India Thyroid Function Testing Market
6.3.1 India Thyroid Function Testing Market by End-use
6.3.2 India Thyroid Function Testing Market by Test Type
6.4 South Korea Thyroid Function Testing Market
6.4.1 South Korea Thyroid Function Testing Market by End-use
6.4.2 South Korea Thyroid Function Testing Market by Test Type
6.5 Singapore Thyroid Function Testing Market
6.5.1 Singapore Thyroid Function Testing Market by End-use
6.5.2 Singapore Thyroid Function Testing Market by Test Type
6.6 Malaysia Thyroid Function Testing Market
6.6.1 Malaysia Thyroid Function Testing Market by End-use
6.6.2 Malaysia Thyroid Function Testing Market by Test Type
6.7 Rest of Asia Pacific Thyroid Function Testing Market
6.7.1 Rest of Asia Pacific Thyroid Function Testing Market by End-use
6.7.2 Rest of Asia Pacific Thyroid Function Testing Market by Test Type

Chapter 7. Company Profiles
7.1 Quest Diagnostics Incorporated
7.1.1 Company Overview
7.1.2 Financial Analysisf
7.1.3 Segmental Analysis
7.1.4 Recent strategies and developments:
7.1.4.1 Product Launches and Product Expansions:
7.1.5 SWOT Analysis
7.2 Laboratory Corporation of America Holdings
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental Analysis
7.2.4 Recent strategies and developments:
7.2.4.1 Product Launches and Product Expansions:
7.2.5 SWOT Analysis
7.3 Ulta Lab Tests, LLC
7.3.1 Company Overview
7.3.2 SWOT Analysis
7.4 DHA Laboratory
7.4.1 Company Overview
7.4.2 SWOT Analysis
7.5 Everly Health, Inc.
7.5.1 Company Overview
7.5.2 SWOT Analysis
7.6 ZRT Laboratory LLC
7.6.1 Company Overview
7.6.2 Recent strategies and developments:
7.6.2.1 Product Launches and Product Expansions:
7.6.3 SWOT Analysis
7.7 Danaher Corporation
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 SWOT Analysis
7.8 Thyrocare Technologies Limited
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Recent strategies and developments:
7.8.4.1 Business Expansions:
7.8.5 SWOT Analysis
7.9 Siemens Healthineers AG (Siemens AG)
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expense
7.9.5 Recent strategies and developments:
7.9.5.1 Product Launches and Product Expansions:
7.9.6 SWOT Analysis
7.10. Abbott Laboratories
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expense
7.10.5 SWOT Analysis

TABLE 1 Asia Pacific Thyroid Function Testing Market, 2020 - 2023, USD Million
TABLE 2 Asia Pacific Thyroid Function Testing Market, 2024 - 2031, USD Million
TABLE 3 Asia Pacific Thyroid Function Testing Market by End-use, 2020 - 2023, USD Million
TABLE 4 Asia Pacific Thyroid Function Testing Market by End-use, 2024 - 2031, USD Million
TABLE 5 Asia Pacific Hospitals Market by Country, 2020 - 2023, USD Million
TABLE 6 Asia Pacific Hospitals Market by Country, 2024 - 2031, USD Million
TABLE 7 Asia Pacific Diagnostic Laboratories Market by Country, 2020 - 2023, USD Million
TABLE 8 Asia Pacific Diagnostic Laboratories Market by Country, 2024 - 2031, USD Million
TABLE 9 Asia Pacific Clinics Market by Country, 2020 - 2023, USD Million
TABLE 10 Asia Pacific Clinics Market by Country, 2024 - 2031, USD Million
TABLE 11 Asia Pacific Research Laboratories & Institutes Market by Country, 2020 - 2023, USD Million
TABLE 12 Asia Pacific Research Laboratories & Institutes Market by Country, 2024 - 2031, USD Million
TABLE 13 Asia Pacific Thyroid Function Testing Market by Test Type, 2020 - 2023, USD Million
TABLE 14 Asia Pacific Thyroid Function Testing Market by Test Type, 2024 - 2031, USD Million
TABLE 15 Asia Pacific TSH Test Market by Country, 2020 - 2023, USD Million
TABLE 16 Asia Pacific TSH Test Market by Country, 2024 - 2031, USD Million
TABLE 17 Asia Pacific Free T4 Test Market by Country, 2020 - 2023, USD Million
TABLE 18 Asia Pacific Free T4 Test Market by Country, 2024 - 2031, USD Million
TABLE 19 Asia Pacific T4 Test Market by Country, 2020 - 2023, USD Million
TABLE 20 Asia Pacific T4 Test Market by Country, 2024 - 2031, USD Million
TABLE 21 Asia Pacific T3 Test Market by Country, 2020 - 2023, USD Million
TABLE 22 Asia Pacific T3 Test Market by Country, 2024 - 2031, USD Million
TABLE 23 Asia Pacific Free T3 Test Market by Country, 2020 - 2023, USD Million
TABLE 24 Asia Pacific Free T3 Test Market by Country, 2024 - 2031, USD Million
TABLE 25 Asia Pacific Others Market by Country, 2020 - 2023, USD Million
TABLE 26 Asia Pacific Others Market by Country, 2024 - 2031, USD Million
TABLE 27 Asia Pacific Thyroid Function Testing Market by Country, 2020 - 2023, USD Million
TABLE 28 Asia Pacific Thyroid Function Testing Market by Country, 2024 - 2031, USD Million
TABLE 29 China Thyroid Function Testing Market, 2020 - 2023, USD Million
TABLE 30 China Thyroid Function Testing Market, 2024 - 2031, USD Million
TABLE 31 China Thyroid Function Testing Market by End-use, 2020 - 2023, USD Million
TABLE 32 China Thyroid Function Testing Market by End-use, 2024 - 2031, USD Million
TABLE 33 China Thyroid Function Testing Market by Test Type, 2020 - 2023, USD Million
TABLE 34 China Thyroid Function Testing Market by Test Type, 2024 - 2031, USD Million
TABLE 35 Japan Thyroid Function Testing Market, 2020 - 2023, USD Million
TABLE 36 Japan Thyroid Function Testing Market, 2024 - 2031, USD Million
TABLE 37 Japan Thyroid Function Testing Market by End-use, 2020 - 2023, USD Million
TABLE 38 Japan Thyroid Function Testing Market by End-use, 2024 - 2031, USD Million
TABLE 39 Japan Thyroid Function Testing Market by Test Type, 2020 - 2023, USD Million
TABLE 40 Japan Thyroid Function Testing Market by Test Type, 2024 - 2031, USD Million
TABLE 41 India Thyroid Function Testing Market, 2020 - 2023, USD Million
TABLE 42 India Thyroid Function Testing Market, 2024 - 2031, USD Million
TABLE 43 India Thyroid Function Testing Market by End-use, 2020 - 2023, USD Million
TABLE 44 India Thyroid Function Testing Market by End-use, 2024 - 2031, USD Million
TABLE 45 India Thyroid Function Testing Market by Test Type, 2020 - 2023, USD Million
TABLE 46 India Thyroid Function Testing Market by Test Type, 2024 - 2031, USD Million
TABLE 47 South Korea Thyroid Function Testing Market, 2020 - 2023, USD Million
TABLE 48 South Korea Thyroid Function Testing Market, 2024 - 2031, USD Million
TABLE 49 South Korea Thyroid Function Testing Market by End-use, 2020 - 2023, USD Million
TABLE 50 South Korea Thyroid Function Testing Market by End-use, 2024 - 2031, USD Million
TABLE 51 South Korea Thyroid Function Testing Market by Test Type, 2020 - 2023, USD Million
TABLE 52 South Korea Thyroid Function Testing Market by Test Type, 2024 - 2031, USD Million
TABLE 53 Singapore Thyroid Function Testing Market, 2020 - 2023, USD Million
TABLE 54 Singapore Thyroid Function Testing Market, 2024 - 2031, USD Million
TABLE 55 Singapore Thyroid Function Testing Market by End-use, 2020 - 2023, USD Million
TABLE 56 Singapore Thyroid Function Testing Market by End-use, 2024 - 2031, USD Million
TABLE 57 Singapore Thyroid Function Testing Market by Test Type, 2020 - 2023, USD Million
TABLE 58 Singapore Thyroid Function Testing Market by Test Type, 2024 - 2031, USD Million
TABLE 59 Malaysia Thyroid Function Testing Market, 2020 - 2023, USD Million
TABLE 60 Malaysia Thyroid Function Testing Market, 2024 - 2031, USD Million
TABLE 61 Malaysia Thyroid Function Testing Market by End-use, 2020 - 2023, USD Million
TABLE 62 Malaysia Thyroid Function Testing Market by End-use, 2024 - 2031, USD Million
TABLE 63 Malaysia Thyroid Function Testing Market by Test Type, 2020 - 2023, USD Million
TABLE 64 Malaysia Thyroid Function Testing Market by Test Type, 2024 - 2031, USD Million
TABLE 65 Rest of Asia Pacific Thyroid Function Testing Market, 2020 - 2023, USD Million
TABLE 66 Rest of Asia Pacific Thyroid Function Testing Market, 2024 - 2031, USD Million
TABLE 67 Rest of Asia Pacific Thyroid Function Testing Market by End-use, 2020 - 2023, USD Million
TABLE 68 Rest of Asia Pacific Thyroid Function Testing Market by End-use, 2024 - 2031, USD Million
TABLE 69 Rest of Asia Pacific Thyroid Function Testing Market by Test Type, 2020 - 2023, USD Million
TABLE 70 Rest of Asia Pacific Thyroid Function Testing Market by Test Type, 2024 - 2031, USD Million
TABLE 71 Key information – Quest Diagnostics Incorporated
TABLE 72 Key Information – Laboratory Corporation of America holdings
TABLE 73 Key Information – Ulta Lab Tests, LLC
TABLE 74 Key Information – DHA Laboratory
TABLE 75 Key Information – Everly Health, Inc.
TABLE 76 Key Information – ZRT Laboratory LLC
TABLE 77 Key Information – Danaher Corporation
TABLE 78 Key Information – Thyrocare Technologies Limited
TABLE 79 Key Information – Siemens Healthineers AG
TABLE 80 Key Information – Abbott Laboratories

List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Thyroid Function Testing Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Thyroid Function Testing Market
FIG 4 Porter’s Five Forces Analysis - Thyroid Function Testing Market
FIG 5 Asia Pacific Thyroid Function Testing Market share by End-use, 2023
FIG 6 Asia Pacific Thyroid Function Testing Market share by End-use, 2031
FIG 7 Asia Pacific Thyroid Function Testing Market by End-use, 2020 - 2031, USD Million
FIG 8 Asia Pacific Thyroid Function Testing Market share by Test Type, 2023
FIG 9 Asia Pacific Thyroid Function Testing Market share by Test Type, 2031
FIG 10 Asia Pacific Thyroid Function Testing Market by Test Type, 2020 - 2031, USD Million
FIG 11 Asia Pacific Thyroid Function Testing Market share by Country, 2023
FIG 12 Asia Pacific Thyroid Function Testing Market share by Country, 2031
FIG 13 Asia Pacific Thyroid Function Testing Market by Country, 2020 - 2031, USD Million
FIG 14 SWOT Analysis: Quest Diagnostics Incorporated
FIG 15 SWOT Analysis: Laboratory Corporation of America Holdings
FIG 16 SWOT Analysis: ULTA LAB TESTS, LLC
FIG 17 SWOT Analysis: DHA LABORATORY
FIG 18 SWOT Analysis: EVERLY HEALTH, INC.
FIG 19 SWOT Analysis: ZRT LABORATORY LLC
FIG 20 SWOT Analysis: Danaher Corporation
FIG 21 SWOT Analysis: Thyrocare Technologies Limited
FIG 22 SWOT Analysis: Siemens Healthineers AG
FIG 23 SWOT Analysis: Abbott Laboratories