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Global Cardiac Marker Testing Market Outlook to 2029

Market Research Report | 2024 Edition | Report ID: BQ02812
Global Cardiac Marker Testing Market Outlook to 2029

Report Description

Cardiac markers are doctors' medical instruments for patients with chest pain, presumed coronary acute syndrome treatment, and risk stratification. According to Market Stack, the Global Cardiac Marker Testing Market is expected to grow considerably during the forecasted period. Factors such as the surging prevalence of cardiovascular diseases and rising heart diseases are expected to propel the Cardiac Marker Testing market in the forecasted period. Further, the increasing need for these POC tests in nursing homes and home healthcare due to exponential growth in the ageing population is expected to fuel the cardiac marker testing market in the forecasted period. Furthermore, growing funding from public-private organizations for research on cardiac biomarkers is expected to drive the Cardiac Marker Testing market in the forecasted period. However, the high cost of testing and rising problems related to sample collection and storage will likely hinder the cardiac biomarkers testing market growth in the forecasted period.

An increase in the geriatric population and a rise in the number of patients suffering from heart attacks & chest pain due to changes in lifestyles are expected to drive the market. Troponin I and T, myoglobin, CK-MB, HDCRP, and other cardiac marker tests are among the most common. When the heart is injured, cardiac markers are released into the blood. Enzymes, Hormones, and proteins are examples of these markers. These biomarkers can identify various heart disorders, including cardiac ischemia, acute coronary syndrome, and conditions involving obstructed blood flow to the heart. Physicians perform several cardiac marker tests over many hours to keep track of the blood sugar rise and determine the severity of a heart attack. Cardiac biomarkers are utilized as risk stratification for various cardiovascular diseases (CVDs), which include congestive heart failure, myocardial infarction, and acute coronary syndrome (ACS), among others. It is preferably suited to both point-of-care testing and laboratory use. Cardiac markers are protein molecules released into the blood after heart damage or stress. These biomarkers act as a dominant tool to detect various cardiovascular diseases (CVD), including congestive heart failure, myocardial infarction, cardiac ischemia, and acute coronary syndrome (ACS). Cardiac biomarker tests allow the doctor to determine a patient's risk associated with such diseases. The high preference for these biomarkers for diagnosing acute myocardial infarction is due to their comparative high sensitivity and specificity. These high-sensitivity troponin assays help detect the protein quickly and at lower levels than standard troponin tests. It is also helpful in effectively detecting the threat of future heart events, like heart attacks, mainly in people with no symptoms, which further contributes to the rapid pace of market growth. The natriuretic peptide segment is anticipated to grow at the fastest growth rate throughout the study period, mainly owing to its rapidly increasing usage for detecting heart damage and stress and raising awareness among patients regarding the obtainability of these tests, especially in developed countries.

North America is expected to dominate the market regarding overall revenue share. The substantial disease pressure caused by the increased prevalence of coronary heart disease in North America, as well as the growing relevancy of point-of-care diagnosis and treatment, are foreseen to contribute to the demand for biomarkers for CVD. The surging concerns about CVD and increased expenditure on research and development of innovative biomarkers and potential therapeutics for CVD are vital catalysts for the overall market expansion. The POC cardiac marker market is a fast-growing segment of the general global IVD industry. The increasing adoption of sensitivity and premium-priced POC Troponin tests is contributing to the growth of the worldwide market. The growing move towards value-based and efficient healthcare service delivery against the backdrop of stringent budgets is boosting the prospects for the POC Cardiac testing market.

Moreover, the majority of medical professionals opt for POC cardiac testing to quickly monitor the condition of patients experiencing chest pain or other heart ailment symptoms in emergency care environments. The global phenomenon of the burgeoning ageing populace is driving demand for POC test kits for use in home healthcare and nursing homes. Growing patient awareness and the increasing availability of over-the-counter POC tests are significant factors propelling the POC test market. The surging prevalence of cardiovascular diseases and rising heart diseases across the globe is the critical factor responsible for driving the development of the cardiac marker testing market in the forecasted period. Factors such as the rising ageing population, growing clinical trials for identifying cardiac biomarkers, and increasing funding from public and private organizations for cardiac biomarkers raise the overall market growth. The rising financing of public and private organizations for research on cardiac biomarkers is also estimated to accelerate the market's overall development.

The market key players are F. Hoffmann-La Roche LtdAbbottSiemensDanaherbioMérieux, Inc.

In 2023, BD announced that it had received FDA approval for its BD Vacutainer Troponin I Ultra to be used in point-of-care settings, which makes the BD Vacutainer Troponin I Ultra test, the fest and, on my FDA, approved point-of-cam troponin test for the recognition of acute myocardial infarction.

Global Cardiac Marker Testing Market report provides deep insight into the market's current and future state across various regions. The study comprehensively analyses the Cardiac Marker Testing market by segmenting based on the Type (Creatine Kinase (CK-MB), Troponins, Myoglobin, Natriuretic Peptides (BNP and NT-proBNP), Ischemia Modified Albumins, and Other Biomarkers Type), Application (Myocardial Infarction, Congestive Heart Failure, Acute Coronary Syndrome, Atherosclerosis, and Others), and Location of Testing (Point-of-care Testing and Laboratory Testing), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints and the impact of COVID-19 on the market growth in detail. The study covers and includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.

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  Table of Contents

 

  This report helps to:-

  • Gain a deeper understanding of the impact of coronavirus on the Global Cardiac Marker Testing Market
  • Equip yourself with rigorous analysis and forward-looking insight into the Cardiac Marker Testing Market across various regions
  • Evaluate the attractiveness and state of competition in the industry to identify opportunities and develop strategy
  • Gain understanding of uncertainty and discover how the most influential growth drivers and restraints in the regions will impact market development
  • Assess market data and forecasts to understand how the demand for Cardiac Marker Testing Market evolve over the next five years across various regions
  • Gain a comprehensive view of the emerging market trends and developments to assess market opportunities
  • Be better informed of your competition by gaining access to detailed information and analysis of key industry players
  • Keep on top of M&A developments, JVs, and other agreements to assess the evolving competitive landscape and enhance your competitive position

  Tables and charts

Global Cardiac Marker Testing Market, in USD Million, 2019-2029

Global Cardiac Marker Testing Market - Market Dynamics, 2024-2029

Global Cardiac Marker Testing Market - Supply Chain Analysis

Global Cardiac Marker Testing Market - Porters Five Forces Analysis

North America - Cardiac Marker Testing Market, in USD Million, 2019-2029

Europe - Cardiac Marker Testing Market, in USD Million, 2019-2029

Asia-Pacific - Cardiac Marker Testing Market, in USD Million, 2019-2029

South America - Cardiac Marker Testing Market, in USD Million, 2019-2029

Middle East & Africa - Cardiac Marker Testing Market, in USD Million, 2019-2029

Cardiac Marker Testing Market - Infographics

Other Charts

For complete list of tables and charts, please contact us via the form at the top of the page.

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  • Investor Community
  • Financing Companies
  • Other Stakeholders

  What's included

Report - Global Cardiac Marker Testing Market Outlook to 2029.pdf
Market Data - Global Cardiac Marker Testing Market Outlook to 2029.xls

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