About Cardiac Marker
Cardiac markers are the biomarkers measured to evaluate heat function, which helps to early prediction or diagnosis of the disease. They are used in the diagnosis and risk stratification of patients with chest pain and suspected acute coronary syndrome (ACS). Cardiac markers are endogenous substances released in the circulation due to damage or death of cardiac myocytes when the heart is damaged or stressed. Thus cardiac marker test helps patient for early diagnosis of the heart disease.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the Cardiac Marker market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Cardiac Marker Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Cardiac Marker 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.
Roche Diagnostics (Switzerland), Abbott Laboratories (United States), Siemens AG (Germany), BG Medicine (Cambodia), Biomerieux (France), Critical Diagnostics (United States), LSI Medience Corporation (Japan), diaDexus (United States), Danaher Corporation (United States) and Response Biomedical Corporation (Canada) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Singulex Inc. (United States), Thermo Fisher Scientific (United States), Trinity Biotech (Ireland), Lee BioSolutions Inc. (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Cardiac Marker market by Type (Cardiac Troponin, Creatinine Kinase, CK-MB and Myoglobin), Application (Myocardial Infarction, Congestive Heart Failure, Acute Coronary Syndrome, Atherosclerosis and Others) and Region.
On the basis of geography, the market of Cardiac Marker 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). If we see Market by Testing, the sub-segment i.e. Laboratory Testing will boost the Cardiac Marker market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advancements Using Cardiac Biomarkers Combinations
Market Growth Drivers:
Rising Prevalence of Cardiovascular Diseases, Accuracy in the Cardiac Marker Testing and Low Cost of the Test
Challenges:
Issues Related To Regulatory and Reimbursement Systems
Restraints:
Technical Problems Related To Sample Collection and Storage
Opportunities:
Growing Research and Development Activities and Increasing Geriatric Population Worldwide
Market Leaders and their expansionary development strategies
In February, Abbott laboratories acquired Alere Inc. to become a leader in point of care testing and significantly advancing global diagnostics presence. Abbott will be able to provide new, flexible, cost-effective, high-quality products to help health systems meet growing demand in both in-patient and out-patient settings.
In 2021, Roche announced five new uses for key cardiac biomarkers to help identify cardiovascular risk, better diagnose patients and support early treatment.
Key Target Audience
Cardiac Marker Test Providers, Emerging Companies, Research Institutes, Government Body & Associations and End-user
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.