About Cardiac Biomarkers Testing
Cardiac biomarkers are substances released into the blood when the heart is damaged or stressed. Cardiac biomarker testing is commonly used for and diagnosis and risk stratification in patients presenting with symptoms of AMI. These biomarkers are used to diagnose heart functioning, risk stratifications, and cardiac diseases in patients. A biomarker is a quantifiable and measurable biological parameter that includes an enzyme, hormones, and proteins, all associated with heart function, failure, or damage. Point of Care Cardiac Biomarker tests includes Troponin I, CK-MB, BNP, Pro-BNP, D-Dimer, and Myoglobin. CLIA-Waived and moderately complex platforms use small blood volumes of whole or venous samples. Time to results in minutes.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Billion) |
CAGR | 10.1% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Cardiac Biomarkers Testing market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Abbott Laboratories (United States), Becton, Dickinson and Company (United States), BioMerieux SA (France), Bio-Rad Laboratories, Inc. (United States), Danaher Corporation (United States), Roche Holding AG (Switzerland), Siemens AG (Germany) and Thermo Fisher Scientific, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are PerkinElmer Inc. (United kingdom) and Tosoh Corporation (Japan).
Segmentation Overview
AMA Research has segmented the market of Global Cardiac Biomarkers Testing market by Type (Myocardial Muscle Creatine Kinase (CK-MB), Troponins (T and I), Myoglobin, Brain Natriuretic Peptide (BNPs) or NT-proBNP, Ischemia-modified Albumin (IMA) and Others), Application (Myocardial Infarction, Congestive Heart Failure, Acute Coronary Syndrome, Atherosclerosis and Others) and Region.
On the basis of geography, the market of Cardiac Biomarkers Testing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. If we see Market by Product, the sub-segment i.e. Instruments will boost the Cardiac Biomarkers Testing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Location of Testing, the sub-segment i.e. Point of Care Testing will boost the Cardiac Biomarkers Testing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Surging Preference for Point of Care (POC) Cardiac Testing Kits, Increase in R&D Activities related to Cardiac Biomarkers and Point-of-care Testing (POCT) with cardiac biomarkers
Market Growth Drivers:
Increasing Prevalence of Cardiovascular Diseases and Rising Technological Advancements using Cardiac Biomarkers Combinations
Challenges:
Streight Government Regulation
Restraints:
Confirmation in Result and Complex Process
Opportunities:
Increase in Awareness about the Importance of Early Diagnosis and Advancements in Healthcare Facilities
Market Leaders and their expansionary development strategies
In October 2023, Global medical devices and solutions provider Mindray has announced the introduction and global launch of two new high-sensitivity troponin I (hs-cTnI) and NT-proBNP cardiac biomarkers. The additions enhance Mindray's diverse portfolio of cardiac biomarkers for diagnosing and managing cardiovascular diseases (CVDs), according to a written statement issued recently on the launch
In April 2021, Roche announced the series of five intended uses for two key cardiac biomarkers using Elecsys technology and In April 2021, Siemens AG announced that they received CE Mark approval for the point of care Atellica VLTiPatient side immunoassay Analyzer
Key Target Audience
Cardiac Biomarkers Testing Providers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.