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

The Latin America, Middle East and Africa Thyroid Function Testing Market would witness market growth of 8.8% CAGR during the forecast period (2023-2031).

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.

Free Valuable Insights: The Worldwide Thyroid Function Testing Market is Projected 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 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

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Thyroid Function Testing Market, by End-use
1.4.2 LAMEA Thyroid Function Testing Market, by Test Type
1.4.3 LAMEA 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. LAMEA Thyroid Function Testing Market by End-use
4.1 LAMEA Hospitals Market by Country
4.2 LAMEA Diagnostic Laboratories Market by Country
4.3 LAMEA Clinics Market by Country
4.4 LAMEA Research Laboratories & Institutes Market by Country

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

Chapter 6. LAMEA Thyroid Function Testing Market by Country
6.1 Brazil Thyroid Function Testing Market
6.1.1 Brazil Thyroid Function Testing Market by End-use
6.1.2 Brazil Thyroid Function Testing Market by Test Type
6.2 Argentina Thyroid Function Testing Market
6.2.1 Argentina Thyroid Function Testing Market by End-use
6.2.2 Argentina Thyroid Function Testing Market by Test Type
6.3 UAE Thyroid Function Testing Market
6.3.1 UAE Thyroid Function Testing Market by End-use
6.3.2 UAE Thyroid Function Testing Market by Test Type
6.4 Saudi Arabia Thyroid Function Testing Market
6.4.1 Saudi Arabia Thyroid Function Testing Market by End-use
6.4.2 Saudi Arabia Thyroid Function Testing Market by Test Type
6.5 South Africa Thyroid Function Testing Market
6.5.1 South Africa Thyroid Function Testing Market by End-use
6.5.2 South Africa Thyroid Function Testing Market by Test Type
6.6 Nigeria Thyroid Function Testing Market
6.6.1 Nigeria Thyroid Function Testing Market by End-use
6.6.2 Nigeria Thyroid Function Testing Market by Test Type
6.7 Rest of LAMEA Thyroid Function Testing Market
6.7.1 Rest of LAMEA Thyroid Function Testing Market by End-use
6.7.2 Rest of LAMEA 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 Analysis
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 LAMEA Thyroid Function Testing Market, 2020 - 2023, USD Million
TABLE 2 LAMEA Thyroid Function Testing Market, 2024 - 2031, USD Million
TABLE 3 LAMEA Thyroid Function Testing Market by End-use, 2020 - 2023, USD Million
TABLE 4 LAMEA Thyroid Function Testing Market by End-use, 2024 - 2031, USD Million
TABLE 5 LAMEA Hospitals Market by Country, 2020 - 2023, USD Million
TABLE 6 LAMEA Hospitals Market by Country, 2024 - 2031, USD Million
TABLE 7 LAMEA Diagnostic Laboratories Market by Country, 2020 - 2023, USD Million
TABLE 8 LAMEA Diagnostic Laboratories Market by Country, 2024 - 2031, USD Million
TABLE 9 LAMEA Clinics Market by Country, 2020 - 2023, USD Million
TABLE 10 LAMEA Clinics Market by Country, 2024 - 2031, USD Million
TABLE 11 LAMEA Research Laboratories & Institutes Market by Country, 2020 - 2023, USD Million
TABLE 12 LAMEA Research Laboratories & Institutes Market by Country, 2024 - 2031, USD Million
TABLE 13 LAMEA Thyroid Function Testing Market by Test Type, 2020 - 2023, USD Million
TABLE 14 LAMEA Thyroid Function Testing Market by Test Type, 2024 - 2031, USD Million
TABLE 15 LAMEA TSH Test Market by Country, 2020 - 2023, USD Million
TABLE 16 LAMEA TSH Test Market by Country, 2024 - 2031, USD Million
TABLE 17 LAMEA Free T4 Test Market by Country, 2020 - 2023, USD Million
TABLE 18 LAMEA Free T4 Test Market by Country, 2024 - 2031, USD Million
TABLE 19 LAMEA T4 Test Market by Country, 2020 - 2023, USD Million
TABLE 20 LAMEA T4 Test Market by Country, 2024 - 2031, USD Million
TABLE 21 LAMEA T3 Test Market by Country, 2020 - 2023, USD Million
TABLE 22 LAMEA T3 Test Market by Country, 2024 - 2031, USD Million
TABLE 23 LAMEA Free T3 Test Market by Country, 2020 - 2023, USD Million
TABLE 24 LAMEA Free T3 Test Market by Country, 2024 - 2031, USD Million
TABLE 25 LAMEA Others Market by Country, 2020 - 2023, USD Million
TABLE 26 LAMEA Others Market by Country, 2024 - 2031, USD Million
TABLE 27 LAMEA Thyroid Function Testing Market by Country, 2020 - 2023, USD Million
TABLE 28 LAMEA Thyroid Function Testing Market by Country, 2024 - 2031, USD Million
TABLE 29 Brazil Thyroid Function Testing Market, 2020 - 2023, USD Million
TABLE 30 Brazil Thyroid Function Testing Market, 2024 - 2031, USD Million
TABLE 31 Brazil Thyroid Function Testing Market by End-use, 2020 - 2023, USD Million
TABLE 32 Brazil Thyroid Function Testing Market by End-use, 2024 - 2031, USD Million
TABLE 33 Brazil Thyroid Function Testing Market by Test Type, 2020 - 2023, USD Million
TABLE 34 Brazil Thyroid Function Testing Market by Test Type, 2024 - 2031, USD Million
TABLE 35 Argentina Thyroid Function Testing Market, 2020 - 2023, USD Million
TABLE 36 Argentina Thyroid Function Testing Market, 2024 - 2031, USD Million
TABLE 37 Argentina Thyroid Function Testing Market by End-use, 2020 - 2023, USD Million
TABLE 38 Argentina Thyroid Function Testing Market by End-use, 2024 - 2031, USD Million
TABLE 39 Argentina Thyroid Function Testing Market by Test Type, 2020 - 2023, USD Million
TABLE 40 Argentina Thyroid Function Testing Market by Test Type, 2024 - 2031, USD Million
TABLE 41 UAE Thyroid Function Testing Market, 2020 - 2023, USD Million
TABLE 42 UAE Thyroid Function Testing Market, 2024 - 2031, USD Million
TABLE 43 UAE Thyroid Function Testing Market by End-use, 2020 - 2023, USD Million
TABLE 44 UAE Thyroid Function Testing Market by End-use, 2024 - 2031, USD Million
TABLE 45 UAE Thyroid Function Testing Market by Test Type, 2020 - 2023, USD Million
TABLE 46 UAE Thyroid Function Testing Market by Test Type, 2024 - 2031, USD Million
TABLE 47 Saudi Arabia Thyroid Function Testing Market, 2020 - 2023, USD Million
TABLE 48 Saudi Arabia Thyroid Function Testing Market, 2024 - 2031, USD Million
TABLE 49 Saudi Arabia Thyroid Function Testing Market by End-use, 2020 - 2023, USD Million
TABLE 50 Saudi Arabia Thyroid Function Testing Market by End-use, 2024 - 2031, USD Million
TABLE 51 Saudi Arabia Thyroid Function Testing Market by Test Type, 2020 - 2023, USD Million
TABLE 52 Saudi Arabia Thyroid Function Testing Market by Test Type, 2024 - 2031, USD Million
TABLE 53 South Africa Thyroid Function Testing Market, 2020 - 2023, USD Million
TABLE 54 South Africa Thyroid Function Testing Market, 2024 - 2031, USD Million
TABLE 55 South Africa Thyroid Function Testing Market by End-use, 2020 - 2023, USD Million
TABLE 56 South Africa Thyroid Function Testing Market by End-use, 2024 - 2031, USD Million
TABLE 57 South Africa Thyroid Function Testing Market by Test Type, 2020 - 2023, USD Million
TABLE 58 South Africa Thyroid Function Testing Market by Test Type, 2024 - 2031, USD Million
TABLE 59 Nigeria Thyroid Function Testing Market, 2020 - 2023, USD Million
TABLE 60 Nigeria Thyroid Function Testing Market, 2024 - 2031, USD Million
TABLE 61 Nigeria Thyroid Function Testing Market by End-use, 2020 - 2023, USD Million
TABLE 62 Nigeria Thyroid Function Testing Market by End-use, 2024 - 2031, USD Million
TABLE 63 Nigeria Thyroid Function Testing Market by Test Type, 2020 - 2023, USD Million
TABLE 64 Nigeria Thyroid Function Testing Market by Test Type, 2024 - 2031, USD Million
TABLE 65 Rest of LAMEA Thyroid Function Testing Market, 2020 - 2023, USD Million
TABLE 66 Rest of LAMEA Thyroid Function Testing Market, 2024 - 2031, USD Million
TABLE 67 Rest of LAMEA Thyroid Function Testing Market by End-use, 2020 - 2023, USD Million
TABLE 68 Rest of LAMEA Thyroid Function Testing Market by End-use, 2024 - 2031, USD Million
TABLE 69 Rest of LAMEA Thyroid Function Testing Market by Test Type, 2020 - 2023, USD Million
TABLE 70 Rest of LAMEA 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 LAMEA 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 LAMEA Thyroid Function Testing Market share by End-use, 2023
FIG 6 LAMEA Thyroid Function Testing Market share by End-use, 2031
FIG 7 LAMEA Thyroid Function Testing Market by End-use, 2020 - 2031, USD Million
FIG 8 LAMEA Thyroid Function Testing Market share by Test Type, 2023
FIG 9 LAMEA Thyroid Function Testing Market share by Test Type, 2031
FIG 10 LAMEA Thyroid Function Testing Market by Test Type, 2020 - 2031, USD Million
FIG 11 LAMEA Thyroid Function Testing Market share by Country, 2023
FIG 12 LAMEA Thyroid Function Testing Market share by Country, 2031
FIG 13 LAMEA 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