![]() Clinics will remain the smallest end-use segment in 2016, witnessing lowest growth rate vis-à-vis other segments.įMI forecasts moderate long-term growth for the India thyroid function test market, with global revenues expected to surpass US$ 55.3 Mn by 2025. Hospitals will be the fastest growing end-use segment, followed by research organisations and diagnostic laboratories. Hospitals will continue to be the leading end-use segment for thyroid function tests, representing revenues worth US$ 22.2 Mn in 2016, up from US$ 21.3 Mn in 2015. Patients and healthcare professionals can anticipate improved diagnostics and proactive management, ultimately leading to better health outcomes. Notably, the World Obesity Atlas 2023 predicts that by 2025, there will be 3,041 million overweight or obese individuals, further underscoring the need for thyroid function testing.Īs the market evolves, diagnostic technologies and testing methods are expected to advance to meet the rising demand for accurate and timely thyroid function assessments. Factors such as lifestyle changes, hormonal imbalances, and the increasing prevalence of thyroid diseases among young individuals have contributed to this trend. Thyroid disorders have witnessed a significant rise worldwide, fueling the steady growth of the thyroid function test industry. Projections indicate that by 2033, the market is set to surge to US$ 2.64 billion, reflecting a continuous expansion with a 4.2% CAGR. ![]() Your country may have specific development programs for the role you are applying for, so please ask about this during the application and/or the interview process.The global thyroid function test industry, currently valued at US$ 1.75 billion in 2023, is poised for remarkable growth. We also believe in encouraging our employees to share their love of discovery by developing new skills, so we partner with schools around the world through SPARK, our global volunteer initiative.For more senior leaders, the Merck University, run in cooperation with top international universities, offers a multi-regional one-year program. ![]()
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