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Cardiac Biomarkers Market

Cardiac Biomarkers Market was valued USD 15.10 Billion in 2023 and projected to reach USD 36.30 Billion by 2030, growing at a CAGR of 13.3% during the forecast period of 2024-2032 - published by MarketDigits
Published 08 November 2024

According to a research report "Cardiac Biomarkers Market”, by Product Type (Myoglobin, Troponins, Brain Natriuretic Peptide or NT-proBNP, Ischemia-modified Albumin, Myocardial Muscle Creatine Kinase and Others), Application (Congestive Heart Failure, Acute Coronary Syndrome, Atherosclerosis, Myocardial Infarction and Others), Location of Testing (Point of Care Testing and Laboratory Testing), & Region - Global Forecast To 2032

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  • 161 - Market Data Tables 
  • 71 - List of Figures
  • 209 - Pages

Market Overview

Cardiac markers or cardiac biomarkers these are the substances released into the bloodstream when the heart is stressed or its muscles are injured. These markers include various enzymes, hormones and proteins like cardiac troponins, creatine kinase (CK), ischemia-modified albumin (IMA), and myoglobin. Testing these markers helps diagnose heart conditions such as cardiac ischemia and acute coronary syndrome (ACS). Currently, triage and diagnostic systems rely on electrocardiograms (ECGs) and medical history, which may not always provide accurate results and could lead to misdiagnosis or treatment delays. Cardiac marker testing is gaining popularity worldwide because it provides greater precision in detecting these conditions early. These markers also assist in monitoring the prognosis of these conditions more accurately and ensuring the best possible treatment for patients. Healthcare providers are concentrating on finding these particular markers to identify and diagnose serious heart conditions such as acute coronary syndrome (ACS) and heart attacks. The increasing use of cardiac biomarkers in comprehensive diagnostics for various cardiovascular diseases such as ischemia modified albumin (IMA), myoglobin, troponin I and T, brain natriuretic peptide (BNP), myocardial muscle creatine kinase, and others is creating greater demand for these tests. As heart disease becoming more common there will likely be a greater need for cardiac markers. As more people are diagnosed with heart problems due to factors like high blood pressure, high cholesterol, obesity, smoking and lack of exercise, there will be an increased demand for tests and biomarkers to help identify, evaluate and treat these conditions. As awareness grows about these risk factors, people are more interested in keeping track of their heart health.

Market Dynamics

Drivers:

  • Increasing incidence of cardiovascular diseases
  • Growing geriatric population
  • Increased awareness of early disease detection

Opportunities:

  • Increasing healthcare expenditure
  • Advancement in new cardiac biomarkers
  • Increasing focus on personalized medicine
  • Advancement in new cardiac biomarkers

The market for Cardiac Biomarkers Market is dominated by North America.

By analysing the cardiac biomarkers market globally across various country like North America, Europe, Asia-Pacific, and LAMEA in which North America holds the largest market share during the forecast period, driven by well-established healthcare systems and the widespread use of cardiac biomarkers for diagnosing and predicting heart conditions. The growing elderly population needs biomarker tests to detect diseases such as acute myocardial infarction which is driving the demand for these tests. Furthermore, the higher risk of cardiovascular disease and increased strain on the healthcare system is boosting the cardiac biomarkers market. Additionally, the presence of major key players in North America further fuels the market's growth in the region.

The Asia-Pacific region is projected to grow the fastest in the global cardiac biomarkers market during the forecast period. This growth is fuelled by advanced cardiac diagnostics becoming more affordable, modernization of countries and rising disposable incomes. The increasing prevalence of cardiovascular diseases (CVDs) in the region is boosting the demand for advanced diagnostics. Government support for disease-specific research and higher healthcare spending is also contributing to the growth. India, in particular, has a higher rate of cardiovascular diseases compared to other emerging countries. These factors are driving the expansion of the global cardiac biomarkers market.

Key Player Highlighted in the Global Cardiac Biomarkers Market:

  • Abbott Diagnostics
  • Roche Diagnostics
  • Siemens Healthineers
  • Beckman Coulter
  • Bio-Rad Laboratories
  • Ortho Clinical Diagnostics
  • Randox Laboratories
  • Quidel Corporation
  • Radiometer
  • Tosoh Corporation
  • Meso Scale Diagnostics (MSD)
  • Thermo Fisher Scientific
  • Luminex Corporation
  • Trinity Biotech
  • Biomerieux

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Segmentations analysis of Cardiac Biomarkers Market: -

  • By Product Type
  • By Application
  • By Location of Testing
  • By Region

Recent Developments: February 2024, Healthline Media UK Ltd published data from a recent study identifying six biomarkers in people with rheumatoid arthritis (RA) that are linked to artery inflammation. These biomarkers could help predict heart disease risk more accurately than current methods. The study which is published in the Journal of the American Heart Association, analyzed 109 participants and found these biomarkers to be indicators of increased cardiovascular disease risk in RA patients.

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