India Thyroid Function Test Market To Surpass US$ 58.9 Million By 2027

1. INDIA THYROID FUNCTION TEST MARKET ANALYSIS INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2020–2027 © Coherent market Insights. All Rights Reserved © Coherent market Insights. All Rights Reserved

2. REPORT DESCRIPTION India Thyroid Function Test Market - Overview Thyroid function tests include, TSH test, T4 test, T3 test, FT3, FT4, and anti-thyroid antibody test, also called the thyroid peroxidase antibody test (TPOab). Thyroid function tests are done for various thyroid conditions such as goiter, thyroiditis, Graves’ disease, thyroid cancer, thyroid nodule, thyroid storm. These conditions can be treated further by surgery, anti-thyroid medications, radioactive iodine, external radiation, thyroid hormone tablets, and recombinant human TSH. India Thyroid Function Test Market is estimated to account for US$ 44.5 Mn in terms of value in 2018 and is expected to reach US$ 58.9 Mn by the end of 2027. India Thyroid Function Test Market: Drivers High prevalence of hypothyroidism in patients with type 2 diabetes and hypertension is expected to propel growth of India thyroid function test market over the forecast period. For instance, in March 2019, the study ‘Prevalence of hypothyroidism in patients with type 2 diabetes mellitus and hypertension in India: a cross-sectional observational study’, reported that the prevalence of hypothyroidism in patients with type 2 diabetes mellitus, hypertension, and type 2 diabetes mellitus + hypertension was 24.8%, 33.5%, and 28.9%, respectively. There is an untapped opportunity in India, which might be the key to increase in sales of thyroid function test kits. Browse Research Reports: https://www.coherentmarketinsights.com/market-insight/india- thyroid-function-test-market-3521 © Coherent market Insights. All Rights Reserved

3. REPORT DESCRIPTION India Thyroid Function Test Market: Restraints Current thyroid function tests only measure the total or free T4 and/or T3 and TSH serum concentrations in peripheral blood. These tests fail to measure the effect of T4 or T3 serum on different specific target tissues, which is expected to hamper growth of India thyroid function test market. Key Takeaways: The TSH segment in India thyroid function test market was valued at US$ 27.2 Mn in 2018 and is expected to reach US$ 37.4 Mn by 2027 at a CAGR of 3.7% during the forecast period. Increasing prevalence of hyperthyroidism is expected to support growth of the segment over the forecast period. Hospitals segment in India thyroid function test market was valued at US$ 24.0 in 2018 and is expected to reach US$ 33.2 Mn by 2027 at a CAGR of 3.7% during the forecast period. Factors such as increasing healthcare investment, and reimbursement facilities is expected to support growth of the segment. Patients often visit nearby hospitals in order to carry out different thyroid function tests which is supporting growth of the market. Growing healthcare sector is also expected to contribute to growth of the market. For instance, according to India Brand Equity Foundation, the healthcare sector in India is expected to reach US$ 280 billion by 2020. Request a Sample copy of this reports: https://www.coherentmarketinsights.com/insight/request-sample/3521 © Coherent market Insights. All Rights Reserved

4. REPORT DESCRIPTION Regulations The IVDs are further classified into Non-Notified (Non-Critical) and Notified kits (Critical care) According to the Ministry of Health and Family Welfare, Government of India, from April 2020, all medical devices sold in India will be treated as drugs and would be regulated under the Drugs and Cosmetics Act of 1940 India Thyroid Function Test Market: Competitive Landscape Major players operating in India thyroid function test market include, Merck (Sigma-Aldrich Co. LLC.), Abbott Laboratories, Beckman Coulter Diagnostics, Siemens Healthcare, and bioMérieux. India Thyroid Function Test Market: Key Developments Major players in the market are focused on adopting partnership and collaboration strategies to expand their product portfolio. For instance, in June 2018, Beckman Coulter Diagnostics collaborated with the University of California, Irvine (UCI) to access UCI research in innovative diagnostic platforms, life sciences applications, devices, and data analytics. Buy-Now this Research Report @ https://www.coherentmarketinsights.com/insight/buy-now/3531 © Coherent market Insights. All Rights Reserved

5. ABOUT COHERENT MARKET INSIGHTS ABOUT US Coherent Market Insights is a global market intelligence and consulting organization focused on assisting its plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, with an office at the global financial capital in the U.S. Our client base includes players from across all business verticals in over 150 countries worldwide. We are uniquely positioned to help businesses around the globe deliver practical and lasting results through various recommendations about operational improvements, technologies, emerging market trends and new working methods. We offer both customized and syndicated market research reports that help our clients create visionary growth plans to provide traction to their business. We meticulously study emerging trends across various industries at both the global and regional levels to identify new opportunities for our clientele. SERVICES CUSTOMIZED RESEARCH INDUSTRY ANALYSIS SYNDICATED RESEARCH COUNTRY SPECIFIC STUDIES MARKET INTELLIGENCE SERVICES CONSULT STUDIES © Coherent market Insights. All Rights Reserved

6. ABOUT CMI SECTOR COVERAGE BIOTECHNOLOGY CLINICAL DIAGNOSTIC HEALTHCARE IT MEDICAL DEVICES MEDICAL IMAGING PHARMACEUTICAL OUR CLIENTS  Global Leading Equipment and System Manufacturers  Marketing Consultancies and the Advertising Industry  Component Providers and System Integrators  Private and Government organization  Distributors, Retailors and Value Added Resellers  Outsourcing Companies  Healthcare IT Solutions Developers  Universities and Business Schools. © Coherent market Insights. All Rights Reserved

7. KEY STATS RESEARCH SOLUTIONS 100+ GLOBAL REPORTS FEASIBILITY STUDIES Insights Published Per Year CUSTOMIZED SOLUTIONS 150+ COUNTRY ANALYSIS Consulting Projects Till Date CONSULT PROJECTS SURVEY RESEARCH 125+ EXCEL FORECAST DATABASE Clients Worldwide Per Year COMPETITIVE ASSESSMENT TECHNOLOGY SNIPPETS 110+ Analysts and Contract Consultants Coherent Market Insights excels at offering unmatched actionable market intelligence across various industry verticals, including chemicals, healthcare, and food & beverages, to name a few. We implement holistic market research methodology in order to result in the best possible market research reports across various industries worldwide. Based on our unmatched expertise across various industries—no matter how large or small, how complex or unique—we help our clients achieve better outcomes with uniquely designed and highly customized solutions. Our coverage includes insights that help our clients ensure sustained growth in developed markets and also key inputs to help them tap into emerging markets and exploit the plethora of opportunities posed therein. © Coherent market Insights. All Rights Reserved

8. THANK YOU To know more about us, visit our website: www.coherentmarketinsights.com For sales queries or new topics email us on: sales@coherentmarketinsights.com For other queries contact: Mr. Shah (Manager - Business Development) Coherent Market Insights sales@coherentmarketinsights.com +1-206-701-6702 © Coherent market Insights. All Rights Reserved