India Thyroid Function Test Market

India Thyroid Function Test Market Overview:

The India thyroid function test market size reached USD 55.57 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 85.76 Million by 2033, exhibiting a growth rate (CAGR) of 4.90% during 2025-2033. The India thyroid function test market share is expanding, driven by the rising awareness about thyroid health, which is encouraging more people to opt for routine check-ups, along with the rising medical tourism activities owing to the presence of affordable medical services.

India Thyroid Function Test Market Trends:

Growing incidence of thyroid disorders

The rising incidence of thyroid disorders is impelling the India thyroid function test market growth. More patients are being diagnosed with hypothyroidism, hyperthyroidism, goiter, and thyroid cancer. Poor eating habits, increased stress, sedentary lifestyles, and environmental toxins all contribute to thyroid abnormalities, motivating more people to get checked. With India having one of the highest cases of iodine deficient illnesses, frequent thyroid screening has become critical for early detection and treatment. Women, in particular, are more susceptible to thyroid problems, particularly during pregnancy and menopause, resulting in a higher requirement for thyroid function tests. As public awareness about thyroid health grows, more people are opting for routine check-ups, and doctors are encouraging early screening to avoid issues. The widespread availability of home testing kits and better testing procedures has also made thyroid examinations more accessible. Additionally, business wellness initiatives and insurance-covered health check-ups promote preventive healthcare. Another factor driving the demand for frequent thyroid function tests is the rising geriatric population, which is more prone to thyroid diseases. In 2024, the United Nations Population Fund (UNFPA) India, in collaboration with the International Institute for Population Sciences (IIPS), issued data indicating that by 2050, more than 20% of India's population will be senior citizens. By 2046, the elderly demographic in India is expected to exceed the number of children aged 0 to 15 years. This, in turn, is set to bolster the market growth.

Rising medical tourism activities

The growing medical tourism activities are offering a favorable India thyroid function test market outlook. According to the IMARC Group, the India medical tourism market size reached USD 21.0 Billion in 2024. India is recognized for providing advanced medical care at a much lower cost than Western nations, attracting patients for various procedures, including thyroid-related treatments and surgeries. Many medical tourists require pre-surgery and post-surgery thyroid function tests, driving the demand for diagnostic services. With India’s advanced hospitals, skilled endocrinologists, and state-of-the-art diagnostic centers, foreign patients trust the country’s healthcare system for accurate and reliable thyroid testing. Additionally, medical tourism hubs like Delhi, Mumbai, Chennai, and Bangalore have well-equipped labs that offer quick and cost-effective thyroid screenings, making the process smooth for international patients. The availability of teleconsultation services allows foreign patients to continue monitoring their thyroid levels even after returning to their home countries, further creating the need for regular testing. As India continues to strengthen its medical tourism infrastructure, the rising influx of international patients is contributing to the steady growth of the market.

India Thyroid Function Test Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional level for 2025-2033. Our report has categorized the market based on type, indication, and end user.

Type Insights:

• TSH Tests
• T4 Tests
• T3 Tests
• Others

The report has provided a detailed breakup and analysis of the market based on the type. This includes TSH Tests, T4 Tests, T3 Tests, and others

Indication Insights:

• Hypothyroidism
• Hyperthyroidism
• Thyroid Cancer
• Others

A detailed breakup and analysis of the market based on the indication have also been provided in the report. This includes hypothyroidism, hyperthyroidism, thyroid cancer, and others.

End User Insights:

• Hospitals
• Research Laboratories and Institutes
• Diagnostic Laboratories
• Others

The report has provided a detailed breakup and analysis of the market based on the end user. This includes hospitals, research laboratories and institutes, diagnostic laboratories, and others.

Regional Insights:

• North India
• South India
• East India
• West India

The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

India Thyroid Function Test Market News:

• In March 2025, Star Health Insurance launched the SheTARA campaign in Tamil Nadu to commemorate International Women’s Day. The initiative aimed to offer subsidized health screenings, such as thyroid function tests, for women. This program sought to enhance preventive health practices among females and motivate more women to become insurance agents.
• In September 2024, Bruhat Bengaluru Mahanagara Palike (BBMP) was set to introduce a unique healthcare initiative for pourakarmikas, the sanitation workers in Karnataka. The enhanced health tests featured screenings for thyroid function, blood pressure, cholesterol, and diabetes, alongside thorough evaluations of major organs like the heart, liver, and eyes. The administrative body intended to provide essential medicines and consistently assess the health of the workers.

India Thyroid Function Test Market Report Coverage:

Key Questions Answered in This Report:

• How has the India thyroid function test market performed so far and how will it perform in the coming years?
• What is the breakup of the India thyroid function test market on the basis of type?
• What is the breakup of the India thyroid function test market on the basis of indication?
• What is the breakup of the India thyroid function test market on the basis of end user?
• What is the breakup of the India thyroid function test market on the basis of region?
• What are the various stages in the value chain of the India thyroid function test market? 
• What are the key driving factors and challenges in the India thyroid function test market?
• What is the structure of the India thyroid function test market and who are the key players?
• What is the degree of competition in the India thyroid function test market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the India thyroid function test market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the India thyroid function test market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the India thyroid function test industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.