If the drive is making a consistent ticking sound, it needs to be replaced. HDDs have moving parts which make them more susceptible to failure. My advice would be to copy all the vital data onto an external drive or cloud storage ASAP. Once the drive fails, you may not get any of your data back.
Like trekzone said, if the drive is under warranty, simply ask for a new one. Most manufacturers offer a three or five year worldwide warranty.