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Driving BNP And NTproBNP Market Growth in 2025: The Role of Rising Cardiovascular Disease Prevalence Fuels Growth In BNP and NTproBNP Market
"Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.BNP And NTproBNP Market Size Growth Forecast: What to Expect by 2025?
There has been significant growth in the bnp and ntprobnp market size over the recent years. The market is projected to expand from $2.01 billion in 2024 to $2.26 billion in 2025, maintaining a compound annual growth rate (CAGR) of 12.6%. The historic growth can be credited to factors such as the aging population, utility in heart failure diagnosis, progress in cardiovascular medicine, and an emphasis on preventive healthcare.
How Will the BNP And NTproBNP Market Size Evolve and Grow by 2029?
It is anticipated that the bnp and ntprobnp market will experience substantial growth in the next few years. The market size is forecasted to reach ""$3.6 billion by 2029, growing at a compound annual growth rate (CAGR) of 12.3%. The surge in the projected period can be credited to factors such as the rising prevalence of cardiovascular diseases, incorporation into point-of-care testing, broadening applications in diverse health conditions, personalized treatment strategies, and advances in telemedicine and remote monitoring. Key trends for the forecast period entail progress in assay method technologies, personalized medical strategies, biomarkers in prognosis prediction, the introduction of new biomarkers, and international standardization initiatives.
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What Drivers Are Propelling the Growth of BNP And NTproBNP Market Forward?
The escalating incidence of cardiovascular conditions is predicted to stimulate the expansion of the BNP and NTproBNP market in the future. Cardiovascular illnesses are maladies which impact the heart and blood vessels, such as peripheral arterial disease, cerebrovascular disease, coronary heart disease, among others. BNP and NTproBNP tests involve scrutinizing heart wellness and security, identifying factors leading to cardiovascular disease before its manifestation. This assists in implementing preventative steps and lessens the risk of death. For instance, data from the US-based government agency, Centers for Disease Control and Prevention (CDC), in May 2024, suggests that every 33 seconds, a death linked to cardiovascular disease occurs, attributing 702,880 fatalities in 2022 to heart disease. That accounted for roughly one in every five deaths. This escalating incidence of cardiovascular ailments is fueling the growth of the BNP and NTproBNP markets.
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Which Emerging Trends Are Transforming the BNP And NTproBNP Market in 2025?
The escalating popularity of product innovation is a significant trend witnessed in the BNP and NTproBNP commercial sectors. To maintain their market dominance, prominent firms in the BNP and NTproBNP industries are launching ground-breaking items. For example, Randox Laboratories, a firm rooted in the UK that deals with health, toxicology, and diagnostic services, rolled out a BNP1-32 diagnostic examination for heart failure detection in May 2023. This automated protocol scrutinizes the BNP (B-type natriuretic peptide) levels, a protein synthesized by the heart and blood vessels, with heightened sensitivity and specificity. This control is harmoniously used with the Acusera range of third-party controls and the Acusera 24.7 software, which is instrumental in tracking and illustrating QC information. The BNP control offers a neutral and non-influenced evaluation of analytical performance, guaranteeing trustworthy and precise BNP testing.
What Are the Key Segments in the BNP And NTproBNP Market?
The bnp and ntprobnp market covered in this report is segmented -
1) By Type: BNP (Brain Natriuretic Peptide), NT-proBNP (N-terminal Pro-B-Type Natriuretic Peptide)
2) By Location Of Testing: Point Of Care Testing, Laboratory Testing
3) By Application: Myocardial Infarction, Congestive Heart Failure, Acute Coronary Syndrome (ACS), Other Applications
Subsegments:
1) By BNP (Brain Natriuretic Peptide): BNP Testing Kits, Point-Of-Care BNP Testing Devices, Laboratory BNP Assays
2) By NT-ProBNP (N-Terminal Pro-B-Type Natriuretic Peptide): NT-ProBNP Testing Kits, Point-Of-Care NT-proBNP Testing Devices, Laboratory NT-ProBNP Assays
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Who Are the Key Players Shaping the BNP And NTproBNP Market's Competitive Landscape?
Major companies operating in the bnp and ntprobnp market include Abbott Laboratories, Gentian Diagnostics ASA, Siemens AG, PerkinElmer Inc., Biomerieux SA, Quidel Corporation, Bio-Rad Laboratories Inc., F Hoffman La Roche Ltd., CTK Biotech Inc., RayBiotech Life Inc., BHR Pharmaceuticals Ltd., Getein Biotech Inc., VACURE Biotechnology Co. Ltd., Bio-Techne Co., Xiamen Biotime Biotechnology Co. Ltd., Scripps Laboratories Inc., Danaher Corporation, Beckman Coulter Inc., Thermo Fisher Scientific Inc., Randox Laboratories Ltd., LSI Medience Corporation, Shionogi & Co. Ltd., Radiometer Medical ApS, Ortho Clinical Diagnostics, Tosoh Corporation, Aidian Oy, Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Becton Dickinson and Company, Acon Laboratories Inc., Response Biomedical Corp., Nanomix Inc., Cepheid Inc., Alere Inc.
What Geographic Markets Are Powering Growth in the BNP And NTproBNP Market?
Asia-Pacific was the largest region in the BNP and NTproBNP market in 2024.North America is expected to be the fastest-growing region in the global BNP and NTproBNP market report during the forecast period. The regions covered in the BNP and NTproBNP market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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