Cardiac Biomarkers Market to Reach USD 10.08 Billion by 2031 | Meticulous Research®

The global cardiac biomarkers market was valued at USD 5.15 billion in 2023 and is expected to grow from approximately USD 5.57 billion in 2024 to USD 10.08 billion by 2031, registering a robust CAGR of 8.8% over the forecast period from 2024 to 2031. This growth is largely driven by the rising incidence of cardiovascular diseases worldwide, an expanding elderly population, continuous advancements in biomarker testing technologies, and increasing awareness of early diagnosis and preventive cardiac care. In addition, the growing adoption of cardiac biomarkers in point-of-care testing and the development of innovative biomarker assays are anticipated to unlock substantial growth opportunities for market participants in the years ahead.

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Rising Burden of Cardiovascular Diseases and Aging Population Boost Market Demand

The surge in cardiovascular diseases worldwide remains the most critical driver of the cardiac biomarkers market. Changing lifestyles characterized by unhealthy diets, physical inactivity, smoking, and excessive alcohol consumption have significantly increased the incidence of heart attacks and other heart-related conditions. According to the World Health Organization (WHO), cardiovascular diseases account for about 32% of all global deaths, with 85% resulting from heart attacks and strokes. In the United States alone, approximately 805,000 people suffer heart attacks annually, of which 605,000 are first-time incidents.

Additionally, the growing geriatric population plays a vital role in propelling market growth. Older adults are more susceptible to heart-related disorders due to age-related physiological changes. The WHO estimates that the number of people aged 60 years and older will rise to 1.4 billion by 2030 and reach 2.1 billion by 2050. As the elderly population expands, the demand for reliable diagnostic tools such as cardiac biomarkers is increasing, allowing for early disease detection and preventive healthcare interventions.

Awareness Programs Encourage Preventive Testing

Growing awareness about cardiovascular diseases through national and global campaigns has also contributed to the increased adoption of cardiac biomarkers. Initiatives such as The Heart Truth program by the U.S. National Heart, Lung, and Blood Institute (NHLBI) emphasize public education about heart disease risk factors and encourage preventive testing. With heart disease and stroke accounting for one in four deaths in the U.S., such awareness efforts have driven a greater emphasis on early detection using cardiac biomarkers. Additionally, healthcare organizations and governments are investing heavily in screening and education initiatives, prompting more people to undergo regular heart health assessments.

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Market Trend: The Shift Toward Multi-Analyte Panels

An emerging trend shaping the cardiac biomarkers market is the adoption of multi-analyte panels. These panels simultaneously evaluate multiple biomarkers to provide a comprehensive assessment of cardiac health. By analyzing indicators related to inflammation, oxidative stress, and myocardial injury, healthcare providers can better stratify patients based on their risk of developing serious cardiac events. Multi-analyte testing not only enhances diagnostic accuracy but also facilitates early disease detection, allowing for timely medical intervention.

Moreover, monitoring several biomarkers enables healthcare professionals to track disease progression and treatment response over time. This integrated diagnostic approach ensures personalized care, minimizes misdiagnosis, and improves overall patient outcomes. As healthcare systems worldwide transition toward precision medicine, the use of such panels is expected to expand significantly in hospitals and diagnostic laboratories.

Why Are Cardiac Biomarkers Essential in Modern Cardiology?

Cardiac biomarkers are crucial because they allow early, accurate, and non-invasive detection of heart conditions. When the heart muscle is damaged-as occurs during a heart attack-specific proteins such as troponin and B-type natriuretic peptide (BNP) are released into the bloodstream. Measuring these biomarkers helps clinicians diagnose myocardial infarction, heart failure, or other cardiac abnormalities rapidly. This early detection enables timely intervention, reducing the risk of severe complications or death. In addition, these biomarkers play a vital role in monitoring treatment effectiveness and predicting patient prognosis, making them indispensable tools in cardiovascular care.

Integration of Biomarkers in Point-of-Care Testing Creates New Opportunities

A major growth opportunity for the cardiac biomarkers market lies in their integration into point-of-care (POC) testing devices. These portable diagnostic tools offer real-time results, which are particularly valuable in emergency situations where every minute counts. Rapid biomarker testing at the point of care allows clinicians to diagnose cardiac events such as heart attacks within minutes, ensuring faster treatment and improved patient survival rates.

Moreover, POC testing offers unmatched convenience. It can be performed in ambulances, clinics, or even at home, eliminating the need for time-consuming lab testing. This accessibility not only enhances patient satisfaction but also encourages regular monitoring for individuals at risk of heart disease. As healthcare moves toward decentralization, the demand for quick, accurate, and user-friendly biomarker-based POC devices is expected to surge.

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Dominant Segments and Regional Insights

In 2024, the troponin segment dominated the global cardiac biomarkers market, accounting for more than half of total revenue. Troponin's high sensitivity and specificity in detecting myocardial infarction make it the preferred biomarker in cardiac diagnostics. Meanwhile, the B-type natriuretic peptide (BNP) segment is projected to record the highest growth rate during the forecast period, driven by rising heart failure cases and advancements in BNP assay technologies.

Among end users, laboratory testing remains the dominant segment due to the availability of advanced testing equipment, skilled personnel, and increasing emphasis on accurate early diagnosis. However, point-of-care testing is rapidly gaining momentum, especially in emergency and outpatient settings.

Regionally, North America held the largest market share in 2024, driven by high cardiovascular disease prevalence, a growing elderly population, and a well-established healthcare infrastructure. The U.S. remains a key contributor to regional dominance due to advanced diagnostic systems and strong awareness initiatives. On the other hand, Asia-Pacific is emerging as the fastest-growing region. Increasing urbanization, changing lifestyles, and expanding healthcare access in countries such as China and India are fueling demand for cardiac biomarker testing.

Competitive Landscape and Future Outlook

The cardiac biomarkers market is highly competitive, with major players such as Abbott Laboratories, F. Hoffmann-La Roche Ltd., Siemens Healthineers AG, Thermo Fisher Scientific, and QuidelOrtho Corporation leading innovation. Recent product launches, FDA approvals, and technological advancements are further strengthening their market presence. For instance, in 2024, Siemens Healthineers received FDA approval for its Atellica IM high-sensitivity troponin I test, while Roche Diagnostics India launched a point-of-care NT-proBNP test for diabetes and heart failure screening.

Looking ahead, the cardiac biomarkers market is poised for significant growth as healthcare systems worldwide prioritize early detection, preventive care, and personalized medicine. Technological innovations, combined with a rising global health awareness, will continue to drive the adoption of these essential diagnostic tools across hospitals, laboratories, and home healthcare settings.

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