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India Thyroid Disorder Market

ID: MRFR/MED/55243-HCR
200 Pages
Garvit Vyas
October 2025

India Thyroid Disorder Market Research Report By Type (Hypothyroidism, Hyperthyroidism), By Treatment (Medications, Radioactive Iodine Therapy, Surgery), By Route of Administration (Oral, Intravenous, others) and By End User (Hospitals, Clinics, others)- Forecast to 2035

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India Thyroid Disorder Market Summary

As per MRFR analysis, the India thyroid disorder market Size was estimated at 125.56 USD Million in 2024. The India thyroid disorder market is projected to grow from 130.17 USD Million in 2025 to 186.6 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 3.67% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The India thyroid disorder market is experiencing robust growth driven by increased awareness and advancements in treatment options.

  • Rising awareness and screening initiatives are significantly enhancing early detection of thyroid disorders.
  • Advancements in treatment options are expanding the therapeutic landscape for patients with thyroid conditions.
  • The integration of telemedicine is facilitating access to healthcare services for thyroid disorder management.
  • The increasing prevalence of thyroid disorders and government initiatives are key drivers propelling market growth.

Market Size & Forecast

2024 Market Size 125.56 (USD Million)
2035 Market Size 186.6 (USD Million)

Major Players

AbbVie (US), Bristol-Myers Squibb (US), Eli Lilly and Company (US), Merck & Co. (US), Novartis (CH), Pfizer (US), Sanofi (FR), Takeda Pharmaceutical Company (JP), AstraZeneca (GB)

India Thyroid Disorder Market Trends

The thyroid disorder market is currently experiencing notable growth. This growth is driven by an increasing prevalence of thyroid-related conditions among the population. Factors such as lifestyle changes, dietary habits, and genetic predispositions contribute to the rising incidence of disorders like hypothyroidism and hyperthyroidism. Awareness campaigns and improved diagnostic techniques are enhancing detection rates, leading to more individuals seeking treatment. Furthermore, the healthcare infrastructure in India is evolving, with advancements in medical technology and increased access to healthcare services, which may facilitate better management of thyroid disorders. In addition, the thyroid disorder market is witnessing a surge in demand for innovative treatment options. The introduction of novel therapies and medications, alongside traditional treatment methods, appears to be reshaping patient care. Patients are increasingly inclined towards personalized medicine, which suggests a shift towards tailored treatment plans based on individual needs. This trend may lead to improved patient outcomes and satisfaction, as healthcare providers focus on delivering more effective and targeted therapies for thyroid disorders.

Rising Awareness and Screening

There is a growing emphasis on awareness campaigns aimed at educating the public about thyroid disorders. Increased screening initiatives are likely to lead to earlier diagnosis and treatment, potentially reducing the burden of advanced cases.

Advancements in Treatment Options

The thyroid disorder market is seeing a shift towards innovative treatment modalities. New medications and therapies are emerging, which may offer improved efficacy and safety profiles, catering to the diverse needs of patients.

Integration of Telemedicine

The integration of telemedicine into healthcare services is transforming patient access to care. This trend may enhance follow-up consultations and management of thyroid disorders, particularly in remote areas where healthcare resources are limited.

India Thyroid Disorder Market Drivers

Growing Geriatric Population

The increasing geriatric population in India is a significant factor influencing the thyroid disorder market. Older adults are more susceptible to thyroid disorders, particularly hypothyroidism and hyperthyroidism. As the demographic landscape shifts, with projections indicating that the elderly population will reach 300 million by 2050, the demand for thyroid-related healthcare services is expected to rise. This demographic trend may lead to a greater need for screening, diagnosis, and treatment options tailored to older patients. Consequently, the thyroid disorder market is likely to expand in response to the healthcare needs of this growing population segment.

Rising Demand for Personalized Medicine

The trend towards personalized medicine is emerging as a key driver in the thyroid disorder market. Patients are increasingly seeking tailored treatment plans that consider their unique genetic and biochemical profiles. This shift is prompting pharmaceutical companies to invest in research and development of targeted therapies for thyroid disorders. The market is likely to see a rise in the availability of personalized treatment options, which may improve patient adherence and outcomes. Additionally, the integration of genetic testing into routine clinical practice could further enhance the precision of thyroid disorder management, thereby expanding the market's potential.

Increasing Prevalence of Thyroid Disorders

The rising incidence of thyroid disorders in India is a crucial driver for the thyroid disorder market. Recent studies indicate that approximately 42 million individuals in India are affected by thyroid-related conditions, with hypothyroidism being the most prevalent. This growing patient population necessitates enhanced diagnostic and therapeutic solutions, thereby propelling market growth. the thyroid disorder market is expected to expand as healthcare providers focus on early detection and management of these conditions. Furthermore, the increasing awareness among the general public regarding thyroid health is expected to contribute to higher screening rates, which may lead to an uptick in demand for treatment options. As a result, the thyroid disorder market will experience significant growth in the coming years.

Government Initiatives and Healthcare Policies

Government initiatives aimed at improving healthcare access and awareness are pivotal in shaping the thyroid disorder market. The Indian government has implemented various health programs to address non-communicable diseases, including thyroid disorders. These initiatives often include subsidized screening and treatment options, which can enhance patient access to necessary healthcare services. Additionally, public health campaigns focused on educating the population about thyroid health are likely to increase early diagnosis rates. As a result, the thyroid disorder market may experience a surge in demand for diagnostic tests and treatment modalities, driven by supportive healthcare policies and increased funding for thyroid health initiatives.

Technological Advancements in Diagnostic Tools

advancements in diagnostic technologies significantly influence the thyroid disorder market. Innovations such as high-sensitivity thyroid function tests and imaging techniques have improved the accuracy and speed of diagnosis. These technological improvements facilitate early detection of thyroid disorders, which is essential for effective management. Moreover, the introduction of point-of-care testing devices allows for rapid assessment in various healthcare settings, potentially increasing patient compliance and follow-up. As diagnostic capabilities continue to evolve, the thyroid disorder market will benefit from enhanced testing options, leading to better patient outcomes and increased treatment uptake.

Market Segment Insights

Thyroid Disorder Market Type Insights

The India Thyroid Disorder Market demonstrates a diverse landscape shaped by various types of thyroid disorders, primarily focusing on Hypothyroidism and Hyperthyroidism. In India, Hypothyroidism is particularly prevalent, with a significant portion of the population suffering from this condition due to factors such as iodine deficiency, which has been a notable issue in various regions. This disorder is characterized by an underactive thyroid, leading to various health complications and the potential for increased healthcare costs, making its management a priority for patients and healthcare providers alike.

On the other hand, Hyperthyroidism, marked by an overactive thyroid gland, also presents significant challenges in the healthcare system. This condition can lead to a range of symptoms, including rapid heart rate, anxiety, and significant weight loss, requiring patients to seek immediate medical intervention. The increasing awareness and the rising incidence of thyroid disorders due to lifestyle changes and environmental factors are propelling the demand for effective diagnostic and therapeutic options in the country.

The India Thyroid Disorder Market segmentation reflects the critical need for targeted treatment approaches for both Hypothyroidism and Hyperthyroidism, which involve patient education and routine monitoring to ensure better health outcomes. Furthermore, the rising awareness of thyroid health is facilitating the growth of screening programs across India, thus contributing to the overall improvement in diagnosis rates. Increasing investment in Research and Development by pharmaceutical companies to develop advanced therapies and patient-centric treatment options further supports this market’s evolution.

Ultimately, as healthcare initiatives grow and more patients gain access to information on thyroid health, the focus on these types will intensify, ensuring better management of thyroid disorders and a larger impact on public health. The collective emphasis on both Hypothyroidism and Hyperthyroidism reflects their significant roles within the India Thyroid Disorder Market, with a sustained commitment to enhancing patient care and quality of life through medical advancements and effective healthcare policies.

Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

Thyroid Disorder Market Treatment Insights

The Treatment segment of the India Thyroid Disorder Market plays a vital role in addressing the growing prevalence of thyroid conditions across the country. With an increasing awareness of thyroid health, the market has witnessed a systematic rise in demand for therapies that ensure effective management and care. Medications, primarily focused on hormone replacement and antithyroid drugs, are pivotal in regulating thyroid function and cater to a wider patient demographic. Radioactive Iodine Therapy is emerging as a significant option for hyperthyroidism treatment and thyroid cancer, providing a non-invasive approach that often leads to improved patient outcomes.

Meanwhile, Surgery remains a critical intervention for patients with large goiters or malignancies, where it provides definitive solutions that often lead to swift recovery. The diverse nature of treatment options across these areas reflects the necessity for tailored treatment approaches, aiding healthcare providers in delivering optimal care. The robust growth drivers for this segment include an aging population, urbanization, and increased healthcare access which reinforces the demand for effective treatment in the India Thyroid Disorder Market.

Thyroid Disorder Market Route of Administration Insights

The Route of Administration segment is a crucial component of the India Thyroid Disorder Market, impacting how treatments are delivered to patients across the country. A significant portion of the market is attributed to oral administration, which is often preferred due to its convenience, ease of use, and patient compliance. This method allows patients to manage their thyroid conditions at home without the need for clinical supervision, thus enhancing adherence to treatment regimens. Intravenous administration, although less common, plays a vital role in severe cases where rapid drug action is required, often in clinical settings.

This method can provide immediate effects, making it particularly important for patients undergoing acute care. Other methods of administration also contribute to the market, catering to specific patient needs and preferences. The growing awareness about thyroid-related disorders and the increasing prevalence of these conditions in India drive the demand within this segment. 

In addition, advancements in drug formulation and delivery methods present significant opportunities for innovation and market growth in the Indian healthcare landscape. The importance of the Route of Administration segment underscores its role in ensuring effective management of thyroid disorders, aligning with national health priorities to improve patient outcomes.

Thyroid Disorder Market End User Insights

The India Thyroid Disorder Market has been witnessing significant growth, particularly in the End User segment where facilities such as hospitals and clinics play crucial roles in diagnosis and treatment. Hospitals are essential as they provide advanced medical technologies and comprehensive care for thyroid disorders, accommodating a large patient base. Clinics, on the other hand, offer accessible and cost-effective treatment options, ensuring early detection and management of thyroid-related issues. The increasing incidence of thyroid disorders in India, partially due to lifestyle changes and dietary habits, has led to heightened demand for these healthcare settings.

As more individuals seek thyroid testing and treatment, the importance of these End Users grows, with hospitals and clinics becoming pivotal in addressing health concerns. Furthermore, governmental initiatives aimed at enhancing healthcare infrastructure and services contribute to the development and expansion of the End User segment, facilitating better patient access to thyroid disorder management. Overall, the combination of increasing awareness, improved accessibility, and evolving healthcare policies drives the significant role of these End Users within the India Thyroid Disorder Market.

Get more detailed insights about India Thyroid Disorder Market

Key Players and Competitive Insights

The thyroid disorder market in India is characterized by a competitive landscape that is increasingly shaped by innovation, strategic partnerships, and regional expansion. Key players such as AbbVie (US), Merck & Co. (US), and Novartis (CH) are actively pursuing strategies that enhance their market presence and operational efficiency. AbbVie (US) focuses on developing novel therapies, which positions it favorably in a market that demands advanced treatment options. Meanwhile, Merck & Co. (US) emphasizes strategic collaborations with local healthcare providers to improve patient access to its products, thereby enhancing its competitive edge. Novartis (CH) is also investing in digital health initiatives, which reflects a broader trend towards integrating technology into healthcare solutions, thus shaping the competitive dynamics of the market.

The business tactics employed by these companies include localizing manufacturing and optimizing supply chains to reduce costs and improve service delivery. The market structure appears moderately fragmented, with several players vying for market share. However, the collective influence of major companies like Pfizer (US) and Sanofi (FR) is significant, as they leverage their extensive distribution networks and brand recognition to maintain a competitive advantage.

In October 2025, Pfizer (US) announced a partnership with a leading Indian biotechnology firm to co-develop a new thyroid medication aimed at addressing unmet medical needs in the region. This collaboration is strategically important as it not only enhances Pfizer's product portfolio but also allows for localized development, which could lead to faster regulatory approvals and market entry. Such partnerships are indicative of a trend where multinational corporations seek to leverage local expertise to navigate the complexities of the Indian healthcare landscape.

In September 2025, Merck & Co. (US) launched a digital platform designed to facilitate patient engagement and education regarding thyroid disorders. This initiative is crucial as it aligns with the growing emphasis on patient-centric care, potentially improving treatment adherence and outcomes. By investing in digital solutions, Merck is likely positioning itself as a leader in the integration of technology within the healthcare sector, which could enhance its competitive standing.

In August 2025, Novartis (CH) expanded its manufacturing capabilities in India, focusing on the production of generic thyroid medications. This move is significant as it not only addresses the rising demand for affordable treatment options but also strengthens Novartis's supply chain resilience. By increasing local production, the company may reduce its dependency on imports, thereby mitigating risks associated with global supply chain disruptions.

As of November 2025, current trends in the thyroid disorder market are increasingly defined by digitalization, sustainability, and the integration of artificial intelligence (AI) in treatment protocols. Strategic alliances are becoming more prevalent, as companies recognize the value of collaboration in enhancing innovation and market reach. Looking ahead, competitive differentiation is likely to evolve from traditional price-based competition towards a focus on technological advancements, innovative treatment solutions, and reliable supply chains. This shift underscores the importance of adaptability and forward-thinking strategies in maintaining a competitive edge in the dynamic healthcare landscape.

Key Companies in the India Thyroid Disorder Market market include

Industry Developments

In recent months, the India Thyroid Disorder Market has seen significant developments, including increased awareness and diagnosis rates among the population. Noteworthy is the growth of companies like Lupin, Sun Pharmaceutical, and Dr. Reddy's Laboratories, which have strengthened their portfolios in thyroid medications through Research and Development initiatives and strategic marketing campaigns. In July 2023, Sun Pharmaceutical expanded its distribution channels for its thyroid formulations, effectively reaching a larger patient base. 

Additionally, the market has been influenced by an upturn in health awareness programs orchestrated by governmental health agencies, leading to an uptick in diagnosed cases of hypothyroidism and hyperthyroidism. In terms of mergers and acquisitions, there have been no notable announcements relating directly to major companies such as Pfizer, Merck, or GSK specifically within the thyroid segment in India. However, the overall valuation of the market is projected to grow, driven by the aging population and increasing prevalence of thyroid disorders. Furthermore, the emergence of telehealth services has facilitated better access to endocrinologists, fostering patient engagement and adherence to treatments.

Future Outlook

India Thyroid Disorder Market Future Outlook

The Thyroid Disorder Market in India is projected to grow at a 3.67% CAGR from 2024 to 2035, driven by increasing prevalence and advancements in treatment options.

New opportunities lie in:

  • Development of telehealth platforms for remote patient monitoring.
  • Investment in AI-driven diagnostic tools for early detection.
  • Expansion of personalized medicine approaches tailored to individual patient profiles.

By 2035, the market is expected to achieve substantial growth, reflecting evolving healthcare needs.

Market Segmentation

India Thyroid Disorder Market Type Outlook

  • Hypothyroidism
  • Hyperthyroidism

India Thyroid Disorder Market End-User Outlook

  • Clinics
  • Hospitals
  • Others

India Thyroid Disorder Market Treatment Outlook

  • Medications
  • Surgery
  • Radioactive iodine therapy

India Thyroid Disorder Market Route of Administration Outlook

  • Intravenous
  • Oral
  • Other

Report Scope

MARKET SIZE 2024 125.56(USD Million)
MARKET SIZE 2025 130.17(USD Million)
MARKET SIZE 2035 186.6(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 3.67% (2024 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Million
Key Companies Profiled AbbVie (US), Bristol-Myers Squibb (US), Eli Lilly and Company (US), Merck & Co. (US), Novartis (CH), Pfizer (US), Sanofi (FR), Takeda Pharmaceutical Company (JP), AstraZeneca (GB)
Segments Covered Type, Treatment, Route of Administration, End-User
Key Market Opportunities Advancements in personalized medicine and digital health solutions enhance management of thyroid disorders.
Key Market Dynamics Rising prevalence of thyroid disorders drives demand for innovative diagnostics and treatment solutions in the market.
Countries Covered India

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FAQs

What is the expected market size of the India Thyroid Disorder Market in 2024?

The India Thyroid Disorder Market is expected to be valued at 101.2 million USD in 2024.

What is the projected market size for the India Thyroid Disorder Market by 2035?

By 2035, the India Thyroid Disorder Market is projected to reach 214.56 million USD.

What is the expected compound annual growth rate (CAGR) for the India Thyroid Disorder Market from 2025 to 2035?

The expected CAGR for the India Thyroid Disorder Market from 2025 to 2035 is 7.071%.

Which segment of the India Thyroid Disorder Market is anticipated to be the largest in 2024?

The Hypothyroidism segment is anticipated to be the largest, valued at 55.0 million USD in 2024.

What will be the market value for the Hyperthyroidism segment in 2035?

The Hyperthyroidism segment is expected to be valued at 98.56 million USD in 2035.

Who are the key players in the India Thyroid Disorder Market?

Key players include Lupin, BristolMyers Squibb, GSK, Bayer, and Dr. Reddy's Laboratories, among others.

What are the emerging trends in the India Thyroid Disorder Market?

Emerging trends include advancements in treatment options and increased awareness about thyroid disorders.

What opportunities exist for growth in the India Thyroid Disorder Market?

There are opportunities for growth due to rising prevalence of thyroid disorders and technological innovations.

How does the India Thyroid Disorder Market align with global health trends?

The India Thyroid Disorder Market aligns with global health trends focusing on preventive healthcare and chronic disease management.

What challenges does the India Thyroid Disorder Market currently face?

Challenges include the need for improved diagnosis and treatment accessibility across various regions.

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