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Cardiac Marker Market: Projected to Reach $12.47 Billion in 2025 with a CAGR of 10.8% and $20.35 Billion in 2029 with a CAGR of 13.0% Driven by Increasing Cardiovascular Diseases and Technological Advancements
Cardiac Marker Market Outlook
What Is The Projected Market Size Of The Global Cardiac Marker Market And Its Growth Rate?
• The cardiac marker market size was $11.26 billion in 2024 and is expected to grow to $12.47 billion in 2025, at a CAGR of 10.8%.
• This historic period growth can be attributed to factors such as increased incidence of cardiovascular diseases, aging population and cardiovascular risk, integration of biomarkers in clinical practice, and stringent regulatory standards and guidelines.
• The market size is projected to further rise to $20.35 billion in 2029, at a CAGR of 13.0%.
• The forecast period growth can be attributed to factors like rising burden of lifestyle-related diseases, advancements in remote monitoring and telemedicine, adoption of personalized medicine and precision diagnostics, increased point-of-care testing adoption.
What Is Driving The Growth In The Cardiac Marker Market?
The growth of the cardiac marker market going forward is largely driven by the rising prevalence of cardiac diseases. Cardiac diseases affect the structure or operation of the heart and result in a range of medical problems. Cardiac markers are generally used to diagnose and monitor numerous cardiac conditions, such as heart attacks, angina, heart failure, and other cardiovascular diseases. The demand for these diagnostic tests has seen a marked increase. For example, according to the British Heart Foundation, there were 30,000 more deaths from coronary heart disease from the start of the pandemic to August 2022 in England and a record 346,000 persons were on a cardiac waiting list by the end of August 2022. The rising prevalence of cardiac diseases, therefore, is fueling the growth of the cardiac marker market.
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Who Are the Key Players Driving Cardiac Marker Market Growth?
• Abbott Laboratories Inc.
• Siemens AG
• Danaher Corporation
• BioMérieux SA
• F. Hoffmann-La Roche AG
• Beckman Coulter Inc.
• Bio-Rad Laboratories Inc.
• Thermo Fisher Scientific Inc.
• Guangzhou Wondifo Biotech Co. Ltd.
• Creative Diagnostics
• PerkinElmer Inc.
• Tosoh Corporation
• Quidel Corporation
• Randox Laboratories Ltd.
• Getinge Group
• LSI Medience Corporation
• Ortho Clinical Diagnostics
• DiaSorin
• 3M Company
• Atom Medical Corporation
• Bionet America Inc.
• Bistos Inc.
• Clinical Innovations LLC
• Abcam plc
• General Electric Company
What Are The Key Trends In The Cardiac Marker Market?
Key trends in the forecast period include:
• Biomarker discovery and validation
• Personalized medicine approaches
• Technological advancements in assay platforms
• Integration of high-sensitivity troponin tests
• Increase in cardiovascular disease prevalence
What Are The Segments Of The Global Cardiac Marker Market?
• The market is segmented by biomarker into troponin, creatine kinase-MB (CK-MB), B-type natriuretic peptide (BNP), myoglobin, other biomarkers.
• The product segment includes reagent, instrument, chemiluminescence, immunofluorescence, immunochromatography, and ELISA.
• By indication, it is segmented into myocardial infarction, congestive heart failure, acute coronary syndrome, and other indications.
• The end users are laboratory testing facilities, hospital labs, reference labs, contract testing labs, point-of-care testing facilities, and academic institutions.
Which Region Leads The Cardiac Marker Market?
North America was the largest region in the cardiac marker market in 2024. The regions covered in this market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Cardiac Marker Market Global Market Report?
- Market Size Analysis: Analyze the Cardiac Marker Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Cardiac Marker Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Cardiac Marker Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Cardiac Marker Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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