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India Thyroid Test Market

ID: MRFR/MED/49863-HCR
200 Pages
Rahul Gotadki
October 2025

India Thyroid Test Market Research Report By Type (TSH Tests, T4 Tests, T3 Tests, Other) and By End User (Hospital, Diagnostic Laboratories, Research Laboratories and Institutes) - Forecast to 2035

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India Thyroid Test Market Summary

As per MRFR analysis, the India thyroid test market was estimated at 110.35 $ Million in 2024. The India thyroid test market is projected to grow from 115.37 $ Million in 2025 to 180.0 $ Million by 2035, exhibiting a compound annual growth rate (CAGR) of 4.55% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The India thyroid test market is experiencing robust growth driven by technological advancements and increasing awareness.

  • Rising awareness and education about thyroid disorders are significantly influencing testing rates across the population.
  • Technological advancements in testing methodologies are enhancing the accuracy and efficiency of thyroid diagnostics.
  • Telehealth integration is becoming a prominent trend, facilitating remote consultations and follow-ups for patients.
  • The increasing prevalence of thyroid disorders and government initiatives in health programs are key drivers propelling market growth.

Market Size & Forecast

2024 Market Size 110.35 (USD Million)
2035 Market Size 180.0 (USD Million)
CAGR (2025 - 2035) 4.55%

Major Players

Abbott Laboratories (US), Roche Diagnostics (CH), Siemens Healthineers (DE), Thermo Fisher Scientific (US), PerkinElmer (US), Bio-Rad Laboratories (US), Ortho Clinical Diagnostics (US), Quest Diagnostics (US)

India Thyroid Test Market Trends

The thyroid test market is experiencing notable growth, driven by increasing awareness regarding thyroid disorders and the importance of early diagnosis. The prevalence of conditions such as hypothyroidism and hyperthyroidism is rising, prompting healthcare providers to recommend regular testing. This trend is further supported by advancements in diagnostic technologies, which enhance the accuracy and efficiency of thyroid function tests. As a result, more individuals are seeking these tests, leading to a broader acceptance of routine screening in both urban and rural areas. Moreover, the integration of telemedicine and digital health solutions is transforming the landscape of the thyroid test market. Patients now have greater access to healthcare professionals and testing services, which facilitates timely diagnosis and management of thyroid-related issues. This shift towards remote consultations and home testing kits is likely to continue, as it aligns with the growing demand for convenient healthcare options. Consequently, the thyroid test market is poised for sustained expansion, reflecting a shift in patient behavior and healthcare delivery models.

Rising Awareness and Education

There is a growing emphasis on public education regarding thyroid health, leading to increased testing rates. Campaigns aimed at informing individuals about symptoms and risks associated with thyroid disorders are becoming more prevalent, encouraging proactive health management.

Technological Advancements in Testing

Innovations in diagnostic technologies are enhancing the precision and speed of thyroid tests. New methodologies and equipment are being adopted, which may improve patient outcomes and streamline testing processes.

Telehealth Integration

The incorporation of telehealth services is reshaping how patients access thyroid testing. Remote consultations and online platforms are facilitating easier access to healthcare providers, thereby increasing the likelihood of individuals seeking necessary tests.

India Thyroid Test Market Drivers

Rising Healthcare Expenditure

The increase in healthcare expenditure in India is a significant factor influencing the thyroid test market. As the country experiences economic growth, there is a corresponding rise in healthcare spending by both the government and private sectors. This trend is likely to enhance the availability and accessibility of diagnostic services, including thyroid tests. According to recent data, healthcare expenditure in India is projected to reach approximately $370 billion by 2025. This increase may lead to improved infrastructure and technology in laboratories, thereby facilitating more efficient testing processes. Consequently, the thyroid test market is expected to expand as more individuals seek out these essential diagnostic services.

Advancements in Diagnostic Technologies

Technological advancements in diagnostic testing are significantly impacting the thyroid test market. Innovations such as high-throughput screening and point-of-care testing are enhancing the accuracy and efficiency of thyroid tests. These advancements not only improve patient outcomes but also streamline laboratory processes, making testing more accessible. The thyroid test market is poised for growth as these technologies become more widely adopted in India. Furthermore, the integration of artificial intelligence in diagnostic tools may lead to more precise interpretations of test results, thereby increasing the reliability of thyroid testing. As technology continues to evolve, the market is likely to see a surge in demand for these advanced testing solutions.

Growing Demand for Preventive Healthcare

The shift towards preventive healthcare in India is emerging as a vital driver for the thyroid test market. With an increasing focus on health and wellness, individuals are becoming more proactive about their health, seeking regular screenings and tests. This trend is particularly evident in urban areas, where lifestyle-related thyroid disorders are on the rise. The thyroid test market is likely to benefit from this growing demand, as more people recognize the importance of early detection and management of thyroid conditions. Additionally, healthcare providers are increasingly recommending routine thyroid testing as part of comprehensive health check-ups, further propelling market growth.

Government Initiatives and Health Programs

Government initiatives aimed at improving healthcare access and awareness about thyroid health are pivotal for the thyroid test market. Various health programs have been launched to educate the public about thyroid disorders and the importance of regular testing. For instance, the National Health Mission in India has been instrumental in promoting health screenings, including thyroid tests. Such initiatives not only enhance public awareness but also facilitate access to testing services, thereby driving market growth. The thyroid test market stands to benefit from these government efforts, as they encourage more individuals to undergo testing, ultimately leading to better health outcomes and increased demand for diagnostic services.

Increasing Prevalence of Thyroid Disorders

The rising incidence of thyroid disorders in India is a crucial driver for the thyroid test market. Reports indicate that approximately 42 million individuals in India are affected by thyroid diseases, with a significant portion being undiagnosed. This growing prevalence necessitates increased testing and monitoring, thereby propelling the demand for thyroid tests. The thyroid test market is likely to expand as healthcare providers emphasize early detection and management of these conditions. Furthermore, the increasing awareness among the population regarding thyroid health is expected to contribute to the market's growth. As more individuals seek testing, the industry may witness a surge in the development of innovative testing solutions to cater to this rising demand.

Market Segment Insights

By Type: TSH Tests (Largest) vs. T4 Tests (Fastest-Growing)

In the India thyroid test market, TSH tests dominate the segment with the largest market share, reflecting the widespread adoption and reliance on this test for thyroid dysfunction diagnosis. T4 tests also hold a significant portion; however, they are gaining traction rapidly among healthcare providers, indicating a shift in diagnostic preferences. The growth trends in this segment are primarily driven by increasing awareness about thyroid health, rising incidences of thyroid disorders, and advancements in testing technologies. T4 tests are expected to see the fastest growth due to their importance in evaluating thyroid hormone levels, while TSH tests will continue to hold a dominant position due to their established usage in clinical settings.

TSH Tests (Dominant) vs. T4 Tests (Emerging)

TSH tests are recognized as the dominant testing method within the thyroid test segment, offering a reliable means of assessing thyroid function. Their established presence in clinical practice ensures continued usage and preference among healthcare professionals. In contrast, T4 tests, while currently labeled as emerging, show promising potential for increased adoption, fueled by a growing emphasis on comprehensive thyroid assessments. T4 tests are essential in understanding the hormonal dynamics of the thyroid, hence appealing to both clinicians and patients seeking thorough diagnostic insights. As technological advancements continue to enhance testing accuracy and efficiency, T4 tests are positioned for significant market growth.

By End-User: Hospital (Largest) vs. Diagnostic Laboratories (Fastest-Growing)

The India thyroid test market is witnessing a diverse distribution across various end-user segments, with hospitals holding a significant share. These facilities are preferred for their advanced infrastructure and comprehensive healthcare services, catering to a large patient base requiring thyroid diagnostics. Conversely, diagnostic laboratories are emerging prominently, driven by increasing awareness and the need for specialized testing, which facilitates quicker and more accurate results. The growth trends in this segment are influenced significantly by the rise in thyroid-related disorders and the increasing public and private health initiatives focused on disease prevention and early detection. The trend towards personalized medicine and advancements in diagnostic technologies are leading diagnostic laboratories to become the fastest-growing segment, reflecting a shift in patient preferences towards convenience and specialization in testing services.

Hospital (Dominant) vs. Diagnostic Laboratories (Emerging)

Hospitals are the dominant end-user in the India thyroid test market, recognized for their comprehensive care and availability of a wide range of diagnostic services. They provide essential thyroid testing along with other medical services, making them a preferred choice for patients. The extensive infrastructure and expertise available in hospitals contribute to a stable demand for thyroid tests. On the other hand, diagnostic laboratories are emerging players, characterized by their ability to deliver specialized and quick thyroid testing services. Their growth is bolstered by innovation in lab testing technologies and a surge in health awareness among the population, driving patients towards these facilities for their accuracy and efficiency in diagnostics.

Get more detailed insights about India Thyroid Test Market

Key Players and Competitive Insights

The thyroid test market in India is characterized by a competitive landscape that is increasingly shaped by innovation, strategic partnerships, and regional expansion. Key players such as Abbott Laboratories (US), Roche Diagnostics (CH), and Siemens Healthineers (DE) are actively enhancing their market positions through various strategic initiatives. For instance, Abbott Laboratories (US) has focused on expanding its product portfolio to include advanced diagnostic solutions, which appears to be a response to the growing demand for accurate and rapid thyroid testing. Similarly, Roche Diagnostics (CH) emphasizes innovation in its testing methodologies, which likely positions it favorably against competitors. The collective strategies of these companies suggest a market that is not only competitive but also dynamic, with a strong emphasis on technological advancement and customer-centric solutions.

In terms of business tactics, companies are increasingly localizing manufacturing and optimizing supply chains to enhance efficiency and reduce costs. The market structure appears moderately fragmented, with several players vying for market share. However, the influence of major companies like Thermo Fisher Scientific (US) and PerkinElmer (US) is significant, as they leverage their extensive distribution networks and established reputations to capture a larger segment of the market. This competitive structure indicates that while there is room for smaller players, the dominance of established firms is likely to shape market dynamics in the foreseeable future.

In October 2025, Thermo Fisher Scientific (US) announced the launch of a new line of thyroid testing kits designed to improve diagnostic accuracy and reduce turnaround times. This strategic move is indicative of the company's commitment to innovation and could potentially enhance its competitive edge in the market. By focusing on rapid and reliable testing solutions, Thermo Fisher Scientific (US) is likely to attract healthcare providers seeking efficient diagnostic tools, thereby reinforcing its market position.

In September 2025, PerkinElmer (US) entered into a strategic partnership with a leading Indian healthcare provider to enhance access to its thyroid testing solutions across the country. This collaboration is significant as it not only expands PerkinElmer's reach but also aligns with the growing trend of localized healthcare solutions. By partnering with established healthcare networks, PerkinElmer (US) may effectively navigate regulatory challenges and improve service delivery, which could lead to increased market penetration.

In August 2025, Siemens Healthineers (DE) unveiled a new digital platform aimed at integrating AI into thyroid diagnostics. This initiative reflects a broader trend towards digitalization in healthcare, where data analytics and machine learning are becoming integral to improving diagnostic accuracy. The introduction of such technology could potentially revolutionize the way thyroid disorders are diagnosed and managed, positioning Siemens Healthineers (DE) as a leader in the integration of advanced technologies in the diagnostic space.

As of November 2025, the competitive trends in the thyroid test market are increasingly defined by digitalization, sustainability, and the integration of AI technologies. Strategic alliances are playing a crucial role in shaping the current landscape, enabling companies to leverage each other's strengths and enhance their market offerings. Looking ahead, it appears that competitive differentiation will evolve from traditional price-based competition to a focus on innovation, technological advancements, and supply chain reliability. This shift suggests that companies that prioritize these aspects may be better positioned to thrive in an increasingly complex and competitive environment.

Key Companies in the India Thyroid Test Market market include

Industry Developments

The India Thyroid Test Market has seen significant developments recently, with a rising demand for thyroid-related diagnostics, attributed to increasing awareness around thyroid disorders. Companies such as Abbott Laboratories, Thermo Fisher Scientific, and Roche Diagnostics are actively contributing to the market expansion by introducing advanced testing technologies. 

Mylab Discovery Solutions gained attention in April 2023 by expanding its portfolio to include rapid thyroid testing solutions, enhancing patient access to diagnostics. Additionally, in August 2023, Merck KGaA announced the initiation of collaborations with local companies to foster innovation in thyroid testing. Recent mergers include Krisona's partnership with Siemens Healthineers in September 2023 to improve testing capabilities in regional labs. 

The market valuation has also been impacted positively, with the overall increase in healthcare spending in India, leading to growth projections for thyroid test kits and diagnostics. Over the past two to three years, initiatives like the National Health Mission have aimed to improve early diagnosis and management of thyroid disorders, further spotlighting the importance of this market in India's healthcare landscape.

Future Outlook

India Thyroid Test Market Future Outlook

The Thyroid Test Market is projected to grow at a 4.55% CAGR from 2024 to 2035, driven by increasing awareness, technological advancements, and rising prevalence of thyroid disorders.

New opportunities lie in:

  • Development of telehealth platforms for remote thyroid testing services.
  • Investment in AI-driven diagnostic tools for enhanced accuracy.
  • Expansion of home testing kits for patient convenience and accessibility.

By 2035, the thyroid test market is expected to achieve substantial growth and innovation.

Market Segmentation

India Thyroid Test Market Type Outlook

  • TSH Tests
  • T4 Tests
  • T3 Tests
  • Other

India Thyroid Test Market End-User Outlook

  • Hospital
  • Diagnostic Laboratories
  • Research Laboratories & Institutes

Report Scope

MARKET SIZE 2024 110.35(USD Million)
MARKET SIZE 2025 115.37(USD Million)
MARKET SIZE 2035 180.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 4.55% (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 Abbott Laboratories (US), Roche Diagnostics (CH), Siemens Healthineers (DE), Thermo Fisher Scientific (US), PerkinElmer (US), Bio-Rad Laboratories (US), Ortho Clinical Diagnostics (US), Quest Diagnostics (US)
Segments Covered Type, End-User
Key Market Opportunities Integration of advanced diagnostic technologies enhances accuracy in the thyroid test market.
Key Market Dynamics Rising consumer awareness and regulatory changes drive growth in the thyroid test market.
Countries Covered India

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FAQs

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

The India Thyroid Test Market is expected to be valued at 88.5 million USD in 2024.

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

By 2035, the India Thyroid Test Market is anticipated to reach a value of 176.9 million USD.

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

The expected CAGR for the India Thyroid Test Market from 2025 to 2035 is 6.499%.

Which segment of the India Thyroid Test Market holds the largest market share in 2024?

In 2024, TSH Tests hold the largest market share, valued at 30.0 million USD.

What are the expected market values for T4 Tests by 2035?

The market value for T4 Tests is projected to reach 50.0 million USD by 2035.

What will be the market value for T3 Tests in 2024?

T3 Tests are expected to have a market value of 18.5 million USD in 2024.

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

Major players include Daiichi Sankyo, Mylab Discovery Solutions, and Thermo Fisher Scientific among others.

What is the anticipated market value for 'Other' thyroid tests in 2035?

The anticipated market value for 'Other' thyroid tests is expected to be 29.9 million USD in 2035.

What are the growth drivers for the India Thyroid Test Market from 2025 to 2035?

Key growth drivers include increasing prevalence of thyroid disorders and advancements in diagnostic technologies.

Are there any significant challenges impacting the India Thyroid Test Market?

Regulatory hurdles and the need for improved testing accessibility present significant challenges to the market.

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