Cardiac Marker Testing Market Overviews
Cardiac Marker Testing Market was valued at USD 5.04 billion in 2023. Global Cardiac Marker Testing Market size is estimated to grow at a CAGR of 8.8 % over the forecast period.
Cardiac Markers are used for diagnosis and risk stratification of patients with chest pain, for management and prognosis in patients with acute heart failure and suspected acute coronary syndrome. Up to 40% of patients with Acute Myocardial Infractions (AMI), fails in detection of AMI when the patient’s history and ECG are non-diagnostic, these cardiac makers testing in such cases enables the Clinician to rapidly diagnose and treat patients. These report covers the current available Cardiac marker testing of myocardial damage such as creatine kinase (CK) heart type fatty acid-building protein, cardiac troponin T, and Creatine kinase muscle and brain.
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Cardiac Marker Testing Market Scope and Methodology:
According to WHO the cardiovascular diseases are leading cause of death globally taking an estimated 17.9 million of death each year. The National Heart, Lung and Blood Institutes reports that 3, 39,076 people died from heart disease in US. These Growing incidence of the cardiovascular diseases has driven the market of Cardiac Marker testing, helping to determine person’s risks of having Acute Coronary syndrome and Cardiac ischemia conditions and to monitor and manage patients with suspected ACS and cardiac ischemia.
Cardiac Marker Testing Market Regional Insights
The report provides Porter’s Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals exist, who they are, and how their product quality is in the Global Cardiac Marker Testing market. The report also analyses if the Global Cardiac Marker Testing market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly, if the market is dominated by a few players, etc.
Cardiac Marker TestingMarket Segmentation
By Biomarker Test, The most widely Point-OF-Care (POC) test used by the physicians in labs, clinics are for cardiac markers. The 2019 worldwide market for POC immunoassays designed for self and professional use was $3,971 million. The US market accounts for 55%, the European market accounts for approximately 35%, Japan and Asia represent 5% and the rest of world accounts for the remaining 5% of the market. Troponin (I or T) is the most commonly used and most specific cardiac marker. They give precise results and are elevated (positive) within few hours of heart damage and remains elevated for up to two weeks. The newly developed Creatine Kinase has been largely replaced by troponin and are used to detect a second heart attack that occurs shortly after first. Other cardiac marker test includes hs-CRP, Myoglobin, Bnp or Nt-probnp. The lead cardiac marker Troponin ck-mb estimates the total market of acute cardiac markers care of about US $8 billion.
Cardiac Marker Testing Market Key Players
Ortho Clinical Diagnostics (US)
Randox laboratories Ltd. (UK)
Guangzhou Wondfo Biotech Co., Ltd (China)
Tosoh Corporation (Japan)
Roche Diagnostics Ltd. (Switzerland)
Abbott Laboratories (US)
Siemens Healthineers AG (Germany)
DiaSorin S.p.A. (Italy)
Becton, Dickinson and Company (US)
Bio-Rad Laboratories, Inc. (US)
PerkinElmer Inc. (US)
Thermo Fisher Scientific Inc. (US)
Danaher Corporation (US)
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Key questions answered in the Cardiac Marker Testing Market are:
- What is Cardiac Marker Testing ?
- What was the Cardiac Marker Testing market size in 2023?
- What is the growth rate of the Cardiac Marker Testing Market?
- Which are the factors expected to drive the Cardiac Marker Testing market growth?
- What are the different segments of the Cardiac Marker Testing Market?
- What growth strategies are the players considering to increase their presence in Cardiac Marker Testing ?
- What are the upcoming industry applications and trends for the Cardiac Marker Testing Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Cardiac Marker Testing Market?
- Who are the leading companies and what are their portfolios in Cardiac Marker Testing Market?
- What segments are covered in the Cardiac Marker Testing Market?
- Who are the key players in the Cardiac Marker Testing market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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