Thyroid disease, specifically hyperthyroidism, is a significant concern during pregnancy, with risks including preterm birth, heart failure, and thyroid storm. The most common cause is Graves' disease, which leads to elevated thyroid hormones due to autoimmune factors. Management involves careful monitoring and treatment, including the use of medications like propylthiouracil and methimazole, while avoiding contraindicated therapies such as radioactive iodine during pregnancy.