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Thyroid Function Tests (TFT) include various blood tests which are conducted to identify
the functions of thyroid gland.
Epidemiological data from WHO suggests that there are more than 750 million cases
globally with thyroid disorder. Several thyroid disorders such as Hypothyroidism,
Hyperthyroidism, Hashimoto’s Disease, Grave’s Disease and Thyroiditis can be detected
with the help of TFT. Hyperthyroidism and Hypothyroidism are two major indication of
thyroid disorders. There are more than 250 million cases with hyperthyroidism globally.
Around 60% of the population effected with thyroid disorder are unware of the situation.
Female population are 5-6 times more likely to develop a thyroid disorder.
Thyroid Function Tests Market: Drivers & Restraints:
TFT is found to be very effective in diagnosing thyroid condition in patient. With the
increase in prevalence of hyperthyroidism and hypothyroidism and increasing awareness
among the patients, these tests are prescribed by all the physicians. These tests also
helps to diagnose auto-immune disorder, such as Hashimoto’s Disease, Grave’s Disease
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The TFT market is expected to growth at a significant growth in the forecast period (20162025) due to the various advantages offered by these test and favorable reimbursement
Thyroid function tests are very effective in diagnosing thyroid disorders. However, there
are also a few potential challenges associated with them. The major challenge is setting
the “normal range” for these tests. Given the risk/benefit perspective...