Press release
Cardiac Marker Market Size Projected To Reach $20.35 Billion By 2034 With A Cagr Of 13%
Cardiac Marker
What Is the Projected Growth of the Cardiac Marker Market?
The Cardiac Marker Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Projected Growth of the Cardiac Marker Market?
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What Are the Different Cardiac Marker Market Segments?
The cardiac marker market covered in this report is segmented -
1) By Biomarker: Troponin, Creatine Kinase-MB (CK-MB), B-type Natriuretic Peptide (BNP), Myoglobin, Other Biomarkers
2) By Product: Reagent, Instrument, Chemiluminescence, Immunofluorescence, Immunochromatography, ELISA
3) By Indication: Myocardial Infarction, Congestive Heart Failure, Acute Coronary Syndrome, Other Indications
4) By End User: Laboratory Testing Facilities, Hospital Labs, Reference Labs, Contract Testing Labs, Point-Of-Care Testing Facilities, Academic Institutions
Subsegments:
1) By Troponin: Troponin I, Troponin T, Troponin Diagnostic Kits
2) By Creatine Kinase-MB (CK-MB): CK-MB Test Kits, CK-MB Diagnostic Panels
3) By B-Type Natriuretic Peptide (BNP): BNP Test Kits, NT-ProBNP Test Kits, BNP Diagnostic Panels
4) By Myoglobin: Myoglobin Test Kits, Myoglobin Diagnostic Panels
5) By Other Biomarkers: Ischemia Modified Albumin (IMA), Heart Fatty Acid Binding Protein (HFABP), C-Reactive Protein (CRP)
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What Are the Primary Drivers Shaping the Cardiac Marker Market?
The cardiac marker market is anticipated to expand due to the increasing occurrence of heart ailments. Cardiac diseases, which involve a variety of medical issues affecting the heart's structure or function, are escalating. Cardiac markers play a key role in the diagnosis and monitoring of numerous cardiac conditions, including heart failure, heart attacks, angina, and other cardiovascular conditions. The need for diagnostic tests or cardiac markers has consequently surged. For example, data from the British Heart Foundation, a cardiovascular research nonprofit in the UK, shows that there were 30,000 additional deaths from coronary heart disease in England from the onset of the pandemic to August 2022. By the end of August 2022, a staggering 346,000 people were listed as awaiting cardiac treatment. The increasing occurrence of cardiac diseases will thus significantly stimulate the growth of the cardiac marker market.
Which Companies Are Leading in the Cardiac Marker Market?
Major companies operating in the cardiac marker market include 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., CareFusion Corporation, Clinical Innovations LLC, Abcam plc, General Electric Company
What Are the Major Trends Shaping the Cardiac Marker Market?
The cardiac marker market is increasingly witnessing a trend towards product innovation. Companies in this arena are intensifying their efforts to innovate and consolidate their market presence. MiRxes, a biotechnology firm based in Singapore, is a case in point. In September 2022, the company confirmed the efficacy of a diagnostic test based on microRNA for the preliminary identification and diagnosis of diseases. The impending commercialization of this diagnostic test will boost the company's suite of blood tests devised for cancer detection, thereby providing a comprehensive array of early detection mechanisms. This will considerably mitigate the escalating clinical and socioeconomic repercussions associated with severe health conditions like cancer and cardio-pulmonary disorders.
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What Are the Top Revenue-Generating Geographies in the Cardiac Marker Market?
North America was the largest region in the cardiac marker market in 2024. The regions covered in the cardiac marker market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Cardiac Marker Market?
2. What is the CAGR expected in the Cardiac Marker Market?
3. What Are the Key Innovations Transforming the Cardiac Marker Industry?
4. Which Region Is Leading the Cardiac Marker Market?
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