Market Overview:
The global thyroid stimulating hormone (TSH) test kit market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing prevalence of thyroid disorders, technological advancements in TSH testing kits, and rising demand for point-of-care testing. Based on type, the global TSH test kit market is segmented into time-resolved immunofluorescence (TRIF) and chemiluminescence immunoassay (CLIA). TRIF accounted for the majority share of the global TSH test kit market in 2017. This segment is expected to grow at a CAGR of 6% from 2018 to 2030. CLIA held the second largest share of the global TSH test kit market in 2017 and is projected to grow at a CAGR of 4% from 2018 to 2030. Based on application, hospitals accounted for majority share of the global TSH test kit market in 2017 followed by clinics.
Product Definition:
A thyroid stimulating hormone (TSH) test kit is a medical device used to measure the level of TSH in the blood. TSH is a hormone produced by the pituitary gland that regulates the function of the thyroid gland. A high level of TSH indicates that the thyroid gland is not functioning properly, while a low level suggests an overactive thyroid. The TSH test kit is important for diagnosing and treating conditions affecting the thyroid gland.
Time-resolved Immunofluorescence:
Time-resolved immunofluorescence (TRIF) is a technique that allows the study of cell biology in real time. It's major advantage is that it provides high resolution images of living cells, which makes them useful for detailed cellular analysis. TRIF also helps to visualize dynamic processes such as protein phosphorylation and dephosphorylation, calcium signaling pathway and membrane traffic, thus leading to accurate results.
Chemiluminescence Immunoassay:
Chemiluminescence immunoassay (CLIA) is a technique used for the detection of thyroid stimulating hormone (TSH). It involves the use of an enzyme-linked immunosorbent assay.
Application Insights:
The hospital application segment dominated the global thyroid stimulating hormone test kit market in 2017. This can be attributed to a large number of tests that require immediate attention and need an end-to-end solution for diagnosis. The growing prevalence of chronic diseases, such as autoimmune disease, cancer and diabetes is also expected to drive the demand for point-of-care testing solutions at hospitals across the world.
Moreover, increasing awareness about these solutions among healthcare professionals is further driving their adoption in clinics as well as primary care settings worldwide. These are highly portable and convenient options that do not require any laboratory or specialized equipment; they can be performed by medical professionals themselves with minimal training. Thus, they are widely adopted across primary health centers and family medicine clinics around the globe due to their ease of use compared to other conventional methods for thyroid testing procedures.
Regional Analysis:
North America dominated the global thyroid stimulating hormone test kit market in 2017. The presence of well-established healthcare infrastructure, high adoption rate of new technologies, and increasing demand for diagnostic products are some factors responsible for its large share. Moreover, the rising prevalence of obesity and diabetes is expected to boost the demand further during the forecast period.
In Asia Pacific region, China accounted for a major revenue share in 2017 owing to an increase in awareness about early diagnosis coupled with government initiatives such as “One-child†policy enforced since 1979 that restricted women from having more than one child per family due to limited resources resulting into higher adoption rates of advanced medical products such as thyroid stimulating hormone tests kits. Japan also contributed significantly towards regional growth owing to increased awareness about early detection leading to greater number of treatment procedures carried out by physicians thus driving up industry growth estimates over forecast period.
Growth Factors:
- Increasing incidence of thyroid disorders
- Growing awareness about thyroid stimulating hormone test kit
- Rising demand for early diagnosis of thyroid disorders
- Technological advancements in the field of thyroid testing
- Growing number of private diagnostic laboratories
Scope Of The Report
Report Attributes
Report Details
Report Title
Thyroid Stimulating Hormone Test Kit Market Research Report
By Type
Time-resolved Immunofluorescence, Chemiluminescence Immunoassay
By Application
Hospital, Clinic
By Companies
Innodx, Bioscience, Daan, Ying Sheng Biology, Easydiagnosis, Tellgen, Bioscience, BGI, Chivd
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
221
Number of Tables & Figures
155
Customization Available
Yes, the report can be customized as per your need.
Global Thyroid Stimulating Hormone Test Kit Market Report Segments:
The global Thyroid Stimulating Hormone Test Kit market is segmented on the basis of:
Types
Time-resolved Immunofluorescence, Chemiluminescence Immunoassay
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Innodx
- Bioscience
- Daan
- Ying Sheng Biology
- Easydiagnosis
- Tellgen
- Bioscience
- BGI
- Chivd
Highlights of The Thyroid Stimulating Hormone Test Kit Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Time-resolved Immunofluorescence
- Chemiluminescence Immunoassay
- By Application:
- Hospital
- Clinic
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Thyroid Stimulating Hormone Test Kit Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
The Thyroid Stimulating Hormone Test Kit is a home test that can be used to determine if someone has low thyroid hormone levels.
Some of the key players operating in the thyroid stimulating hormone test kit market are Innodx, Bioscience, Daan, Ying Sheng Biology, Easydiagnosis, Tellgen, Bioscience, BGI, Chivd.
The thyroid stimulating hormone test kit market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Thyroid Stimulating Hormone Test Kit Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Thyroid Stimulating Hormone Test Kit Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Thyroid Stimulating Hormone Test Kit Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Thyroid Stimulating Hormone Test Kit Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Thyroid Stimulating Hormone Test Kit Market Size & Forecast, 2020-2028
4.5.1 Thyroid Stimulating Hormone Test Kit Market Size and Y-o-Y Growth
4.5.2 Thyroid Stimulating Hormone Test Kit Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Time-resolved Immunofluorescence
5.2.2 Chemiluminescence Immunoassay
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Thyroid Stimulating Hormone Test Kit Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Thyroid Stimulating Hormone Test Kit Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Time-resolved Immunofluorescence
9.6.2 Chemiluminescence Immunoassay
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Time-resolved Immunofluorescence
10.6.2 Chemiluminescence Immunoassay
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Time-resolved Immunofluorescence
11.6.2 Chemiluminescence Immunoassay
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Time-resolved Immunofluorescence
12.6.2 Chemiluminescence Immunoassay
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Time-resolved Immunofluorescence
13.6.2 Chemiluminescence Immunoassay
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Thyroid Stimulating Hormone Test Kit Market: Competitive Dashboard
14.2 Global Thyroid Stimulating Hormone Test Kit Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Innodx
14.3.2 Bioscience
14.3.3 Daan
14.3.4 Ying Sheng Biology
14.3.5 Easydiagnosis
14.3.6 Tellgen
14.3.7 Bioscience
14.3.8 BGI
14.3.9 Chivd
