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South Korea Thyroid Test Market

ID: MRFR/MED/49856-HCR
200 Pages
Rahul Gotadki
October 2025

South Korea 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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South Korea Thyroid Test Market Infographic
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South Korea Thyroid Test Market Summary

As per MRFR analysis, the South Korea thyroid test market Size was estimated at $44.14 Million in 2024. The South Korea thyroid test market is projected to grow from $46.94 Million in 2025 to $86.77 Million by 2035, exhibiting a compound annual growth rate (CAGR) of 6.34% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The South Korea thyroid test market is experiencing robust growth driven by technological advancements and rising awareness.

  • The market is characterized by a rising awareness of thyroid disorders among the population.
  • Technological advancements in testing methodologies are enhancing diagnostic accuracy and efficiency.
  • The integration of telemedicine solutions is facilitating easier access to thyroid testing services.
  • Key market drivers include the increasing prevalence of thyroid disorders and government initiatives promoting preventive healthcare.

Market Size & Forecast

2024 Market Size 44.14 (USD Million)
2035 Market Size 86.77 (USD Million)

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)

South Korea Thyroid Test Market Trends

The thyroid test market in South Korea is currently experiencing notable growth, driven by an increasing awareness of thyroid disorders among the population. This heightened awareness is likely influenced by educational campaigns and the rising prevalence of conditions such as hypothyroidism and hyperthyroidism. As a result, healthcare providers are emphasizing the importance of early diagnosis and regular monitoring, which may contribute to a greater demand for thyroid testing services. Furthermore, advancements in diagnostic technologies are enhancing the accuracy and efficiency of thyroid tests, making them more accessible to patients. In addition, the regulatory environment in South Korea appears to support innovation in the healthcare sector, fostering the development of new testing methodologies. The integration of telemedicine and digital health solutions is also emerging as a significant trend, allowing patients to access thyroid testing services remotely. This shift not only improves convenience but also expands the reach of healthcare services to underserved areas. Overall, the thyroid test market is poised for continued expansion, driven by a combination of technological advancements, increased awareness, and supportive regulatory frameworks.

Rising Awareness of Thyroid Disorders

There is a growing recognition of thyroid disorders among the South Korean population, leading to increased demand for testing services. Educational initiatives and public health campaigns are likely contributing to this trend, encouraging individuals to seek diagnosis and treatment.

Technological Advancements in Testing

Innovations in diagnostic technologies are enhancing the precision and efficiency of thyroid tests. These advancements may facilitate quicker results and improve patient outcomes, thereby driving further growth in the market.

Integration of Telemedicine Solutions

The adoption of telemedicine in South Korea is transforming how patients access thyroid testing services. This trend may enhance convenience for patients and expand access to healthcare, particularly in remote or underserved regions.

South Korea Thyroid Test Market Drivers

Advancements in Diagnostic Technologies

Technological innovations in diagnostic testing are transforming the thyroid test market in South Korea. The introduction of advanced testing methodologies, such as high-sensitivity assays and point-of-care testing, is enhancing the accuracy and speed of thyroid function assessments. These advancements not only improve patient outcomes but also streamline the testing process, making it more accessible to a broader population. Moreover, the integration of artificial intelligence and machine learning in diagnostic tools is expected to further refine testing capabilities, allowing for more personalized treatment approaches. As these technologies continue to evolve, the thyroid test market is likely to expand, driven by the demand for more efficient and reliable testing solutions.

Rising Demand for Preventive Healthcare

The shift towards preventive healthcare in South Korea is significantly influencing the thyroid test market. As individuals become more health-conscious, there is a growing emphasis on early detection of potential health issues, including thyroid disorders. Preventive health screenings are increasingly being integrated into routine healthcare practices, with thyroid tests being a key component. This trend is supported by a cultural shift towards proactive health management, where individuals seek to identify and address health concerns before they escalate. Market data suggests that the preventive healthcare segment is expected to grow at a CAGR of 8% over the next five years, indicating a robust demand for thyroid testing services. Consequently, the thyroid test market is likely to experience substantial growth as more individuals prioritize preventive measures.

Growing Interest in Personalized Medicine

The increasing focus on personalized medicine is emerging as a significant driver for the thyroid test market. In South Korea, there is a growing recognition of the need for tailored treatment plans based on individual patient profiles, particularly in managing thyroid disorders. This trend is prompting healthcare providers to utilize comprehensive thyroid testing to better understand each patient's unique hormonal balance and genetic predispositions. As a result, the demand for specialized thyroid tests that provide detailed insights into individual health conditions is likely to rise. Market analysts project that the personalized medicine segment will witness a growth rate of approximately 10% annually, indicating a robust opportunity for the thyroid test market to align with this evolving healthcare paradigm.

Government Initiatives and Health Policies

Government initiatives aimed at improving public health in South Korea play a pivotal role in driving the thyroid test market. The South Korean government has implemented various health policies that promote early detection and management of thyroid disorders. For instance, national health screening programs often include thyroid function tests, which encourage individuals to undergo regular check-ups. These initiatives not only raise awareness but also facilitate access to testing services, thereby increasing the overall testing rates. Additionally, funding for research and development in diagnostic technologies is likely to enhance the accuracy and efficiency of thyroid tests. As a result, the thyroid test market is expected to benefit from these supportive government measures, leading to a more proactive approach to thyroid health among the population.

Increasing Prevalence of Thyroid Disorders

The rising incidence of thyroid disorders in South Korea is a crucial driver for the thyroid test market. Recent studies indicate that approximately 30% of the population may experience some form of thyroid dysfunction, with conditions such as hypothyroidism and hyperthyroidism becoming increasingly common. This growing prevalence necessitates regular screening and testing, thereby propelling demand for thyroid tests. As awareness of these disorders expands, healthcare providers are likely to recommend more frequent testing, contributing to market growth. Furthermore, the aging population in South Korea, which is projected to reach 20% by 2025, is expected to exacerbate the situation, as older individuals are more susceptible to thyroid-related issues. Consequently, the thyroid test market is poised for significant expansion in response to these demographic shifts.

Market Segment Insights

By Type: TSH Tests (Largest) vs. T3 Tests (Fastest-Growing)

In the South Korea thyroid test market, TSH Tests represent the largest segment, dominating the market share due to their widespread use in diagnosing thyroid disorders. T4 Tests follow, contributing significantly to the overall market, while T3 Tests and Other segments hold smaller shares. This distribution indicates a strong preference for TSH Tests among healthcare providers as the go-to option for thyroid testing, emphasizing their importance in patient care. The growth trends in this segment are promising, particularly for T3 Tests, which are experiencing increased demand driven by rising awareness of thyroid health and the importance of hormone-level testing. Innovative testing technologies and better accessibility in urban areas are further propelling the growth of T3 Tests. TSH Tests are expected to remain essential, supported by ongoing research and the integration of advanced diagnostic tools.

TSH Tests (Dominant) vs. T3 Tests (Emerging)

TSH Tests have established themselves as the dominant segment in the South Korea thyroid test market, largely due to their critical role in diagnosing thyroid dysfunctions. Their reliability and efficiency have made them a standard procedure in clinical settings, ensuring consistent demand. In contrast, T3 Tests are emerging, gaining traction as healthcare providers recognize their value in comprehensive thyroid assessments. As the market evolves, the advancements in the sensitivity and specificity of T3 testing are driving wider adoption, with healthcare practitioners increasingly advocating for thorough thyroid evaluations. This dynamic presents both challenges and opportunities, as the market adapts to evolving healthcare needs and patient preferences.

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

In the South Korea thyroid test market, the distribution of end-user segments reveals hospitals as the largest contributor, securing a significant share due to their extensive patient network and comprehensive facilities. Diagnostic laboratories follow closely, capturing a notable market portion, especially as they expand capabilities and partnerships to enhance service offerings. Growth trends indicate a shift towards an increasing reliance on diagnostic laboratories, which are becoming the fastest-growing segment as they innovate and adopt advanced testing technologies. The rise in healthcare awareness and preventive screening drives the demand for thyroid testing, particularly in outpatient settings, leading to a more pronounced role for diagnostic facilities in routine patient care.

Hospital (Dominant) vs. Diagnostic Laboratories (Emerging)

Hospitals serve as the dominant end-user segment within the South Korea thyroid test market, primarily due to their established infrastructure and wide-ranging medical services. They offer an all-inclusive approach to patient care, encompassing diagnosis, treatment, and follow-up, making them pivotal in managing thyroid diseases. Conversely, diagnostic laboratories are emerging robustly, focusing on specialized testing and quicker turnaround times. Their adaptability to the latest diagnostic technologies and collaborations with healthcare providers position them well to cater to the increasing demand for thyroid screening. This shift towards more specialized care reflects broader trends in the healthcare system, emphasizing personalized diagnostics and enhanced patient access.

Get more detailed insights about South Korea Thyroid Test Market

Key Players and Competitive Insights

The thyroid test market exhibits a dynamic competitive landscape, characterized by a blend of innovation and strategic partnerships among key players. Major companies such as Abbott Laboratories (US), Roche Diagnostics (CH), and Siemens Healthineers (DE) are at the forefront, leveraging their technological prowess to enhance diagnostic accuracy and patient outcomes. Abbott Laboratories (US) focuses on expanding its product portfolio through innovative testing solutions, while Roche Diagnostics (CH) emphasizes strategic collaborations to enhance its market reach. Siemens Healthineers (DE) appears to be investing heavily in digital transformation, integrating advanced analytics into its testing processes, which collectively shapes a competitive environment that prioritizes technological advancement and patient-centric solutions.

Key business tactics within the market include localizing manufacturing and optimizing supply chains to enhance efficiency and reduce costs. The competitive structure is moderately fragmented, with several players vying for market share. However, the influence of major companies is substantial, as they set industry standards and drive innovation. This competitive interplay fosters an environment where smaller firms may struggle to keep pace, yet it also encourages collaboration and partnerships that can lead to enhanced product offerings and market penetration.

In October 2025, Roche Diagnostics (CH) announced a strategic partnership with a leading South Korean healthcare provider to enhance the accessibility of its thyroid testing solutions. This collaboration is poised to improve patient access to advanced diagnostic tools, thereby potentially increasing Roche's market share in the region. The strategic importance of this partnership lies in its ability to leverage local expertise and distribution networks, which could significantly enhance Roche's operational efficiency and market responsiveness.

In September 2025, Siemens Healthineers (DE) launched a new AI-driven thyroid testing platform aimed at improving diagnostic accuracy and reducing turnaround times. This innovation is particularly noteworthy as it aligns with the growing trend towards digitalization in healthcare. The introduction of AI capabilities not only enhances Siemens' competitive edge but also reflects a broader industry shift towards integrating technology into traditional diagnostic processes, which may redefine patient care standards.

In August 2025, Abbott Laboratories (US) expanded its manufacturing capabilities in South Korea, focusing on the production of its latest thyroid testing kits. This move is strategically significant as it not only localizes production but also aims to meet the increasing demand for rapid and accurate testing solutions. By enhancing its manufacturing footprint, Abbott positions itself to respond more swiftly to market needs, thereby strengthening its competitive position in the region.

As of November 2025, current trends in the thyroid test market are increasingly defined by digitalization, sustainability, and the integration of AI technologies. Strategic alliances are becoming more prevalent, as companies recognize the value of collaboration in navigating complex market dynamics. Looking ahead, competitive differentiation is likely to evolve from traditional price-based competition towards a focus on innovation, technological advancements, and supply chain reliability. This shift underscores the importance of agility and responsiveness in meeting the evolving needs of healthcare providers and patients alike.

Key Companies in the South Korea Thyroid Test Market market include

Industry Developments

In recent months, the South Korea Thyroid Test Market has seen significant developments, particularly with rising demand for advanced diagnostic solutions. In September 2023, Daewoong Pharmaceutical announced a partnership with Thermo Fisher Scientific to enhance their diagnostic capabilities, focusing on thyroid tests. Furthermore, Seegene has expanded its product portfolio by introducing high-throughput molecular tests tailored for thyroid disorders, marking a pivotal shift in diagnostic precision. 

The market valuation for companies such as Abbott Laboratories and Roche Diagnostics has surged, influenced by an increase in health awareness and regular screening initiatives by the South Korean government, aimed at early detection of thyroid diseases. In terms of mergers, in June 2023, Becton Dickinson completed its acquisition of a local diagnostics firm to strengthen its foothold in the market. Other companies like BioRad Laboratories and Agilent Technologies continue to innovate, driving growth in point-of-care testing solutions.

The last few years have been significant for the thyroid test market in South Korea, with aggressive Research and Development efforts from major players, fostering a competitive environment and ensuring a robust pipeline of diagnostic tools and technologies.

Future Outlook

South Korea Thyroid Test Market Future Outlook

The Thyroid Test Market is projected to grow at a 6.34% CAGR from 2024 to 2035, driven by increasing prevalence of thyroid disorders and advancements in diagnostic technologies.

New opportunities lie in:

  • Development of point-of-care testing devices for rapid diagnosis
  • Expansion of telehealth services for remote thyroid monitoring
  • Investment in AI-driven analytics for personalized treatment plans

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

Market Segmentation

South Korea Thyroid Test Market Type Outlook

  • TSH Tests
  • T4 Tests
  • T3 Tests
  • Other

South Korea Thyroid Test Market End-User Outlook

  • Hospital
  • Diagnostic Laboratories
  • Research Laboratories & Institutes

Report Scope

MARKET SIZE 2024 44.14 (USD Million)
MARKET SIZE 2025 46.94 (USD Million)
MARKET SIZE 2035 86.77 (USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 6.34% (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 demand for thyroid testing driven by increased awareness and advancements in diagnostic technologies.
Countries Covered South Korea

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FAQs

What is the projected market size of the South Korea Thyroid Test Market in 2024?

The South Korea Thyroid Test Market is expected to be valued at 44.25 million USD in 2024.

What is the expected market size of the South Korea Thyroid Test Market by 2035?

By 2035, the market is projected to reach 104.25 million USD.

What is the compound annual growth rate (CAGR) of the South Korea Thyroid Test Market from 2025 to 2035?

The expected CAGR for the South Korea Thyroid Test Market is 8.102 percent from 2025 to 2035.

Which type of thyroid test dominated the market share in 2024?

In 2024, TSH Tests are valued at 20.0 million USD, making it the dominant type in the market.

What is the projected value of T4 Tests in the South Korea Thyroid Test Market by 2035?

The projected value for T4 Tests in 2035 is 25.0 million USD.

Who are the major players in the South Korea Thyroid Test Market?

Key players include Daewoong Pharmaceutical, Seegene, and Thermo Fisher Scientific among others.

What challenges does the South Korea Thyroid Test Market face?

The market faces challenges such as competition among leading players and evolving healthcare regulations.

What growth opportunities exist in the South Korea Thyroid Test Market?

Emerging trends in telemedicine and advanced testing technologies present significant growth opportunities.

How is the T3 Tests segment expected to perform by 2035?

The T3 Tests segment is expected to grow to a value of 18.0 million USD by 2035.

What impact do current global conditions have on the South Korea Thyroid Test Market?

Current global conditions influence market dynamics, driving innovation and changing consumer preferences.

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