India Thyroid Function Test Market Is Witnessing Robust Growth With Horizon Therapeutics Ireland Dac Receiving The U.S. Food And Drug Administration (FDA) Approval For Tepezza, The First Treatment Of Thyroid Eye Disease
Most thyroid function tests are based on the detection of thyroid hormones in plasma or serum. The most widely used thyroid hormone is T4 (thyroxine), which is produced by the thyroid gland and has an unfortunate name: thyroxine. One of the reasons for this name is that it looks like the 'active substance' that is present in thyroid hormones. However, the simple fact is that thyroid hormones exist in three separate forms namely human-made, synthesized, and free. Another key factor that is governing the development of the market is the low cost of these tests. In India, thyroid function tests are very inexpensive where the average price of a thyroid test in any NABL-approved lab is around US$ 3.51 to US$ 7. As a result of this, patients are not hesitant and take up the test. Thus, such factors can potentially accelerate growth of the India thyroid function test market . Recently, in January 2020, Horizon Therapeutics Ireland DAC received the U.S. Food and Drug Administration (F...