Triage B-Type Natriuretic Peptide (BNP) Testing Market to Flourish at 8.50% CAGR and Surpass US$ 9.60 Billion by 2030
Data Bridge Market Research Published Latest Global Triage B-Type Natriuretic Peptide (BNP) Testing Market Study by in-depth analysis about current scenario, the Market size, demand, growth pattern, trends, and forecast. This report on the study considers important factors such as an analysis of the market, a definition of the market, market segmentation, significant trends in the industry, an examination of the competitive landscape, and research methodology.
Data Bridge Market Research analyses that the triage b-type natriuretic peptide (BNP) testing market which was USD 5 billion in 2022, is expected to reach USD 9.60 billion by 2030, at a CAGR of 8.50% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Cardiovascular diseases (CVDs) are the leading cause of death worldwide, claiming the lives of an estimated 17.9 million people each year. CVDs are a group of heart and blood vessel disorders that include coronary heart disease, cerebrovascular disease, rheumatic heart disease, and others. Heart attacks and strokes account for more than four out of every five CVD deaths, and one-third of these deaths occur in people under the age of 70. Growing cardiac disease incidence, rising diagnostic awareness, and increasing demand for effective cardiac disease diagnostic tests are some of the major factors expected to drive the growth of the triage B-type natriuretic peptide (BNP) testing market from 2023 to 2030.
Market Overview:
B-type natriuretic peptide, also known as brain natriuretic peptide, is a 32-amino acid (AA) polypeptide produced by cardiac ventricles in response to cardiac muscle cell overstretching. Calcium ions control BNP production. BNP and ANP (atrial natriuretic peptide) function similarly and have the same biochemical activity. ANP and BNP play an important role in reducing systemic vascular resistance, which leads to a decrease in blood volume, a decrease in blood pressure, and an increase in cardiac output.
Opportunities
- Increasing demand for effectual cardiac disease diagnostic test
Growing incidence of cardiac diseases, rising awareness about diagnostics and increasing demand for effectual cardiac disease diagnostic test are some of the major factors expected to drive the growth of triage B-type natriuretic peptide (BNP) testing market in the forecast period of 2022 to 2030. Natriuretic peptides promote urine excretion, relax blood vessels, lower blood pressure, and reduce the workload on the heart. They are natural defence mechanisms designed to protect the heart from stress.
Restraints/Challenges
- Lack of awareness about health
Lack of awareness about health and welfare, as well as a lack of proper medical facilities, may pose a significant impediment to the overall growth of this market in the coming years, particularly in underdeveloped and emerging nations.
This triage b-type natriuretic peptide (BNP) testing market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the triage b-type natriuretic peptide (BNP) testing market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Some of the major players operating in the triage b-type natriuretic peptide (BNP) testing market are:
- Abbott (U.S.)
- Ortho-Clinical Diagnostics (U.S.)
- Singulex, Inc. (U.S.)
- Alere, Inc. (U.S.)
- Siemens Healthcare Diagnostics, Inc. (U.S.)
- Beckman Coulter, Inc. (U.S.)
- F. Hoffmann-La Roche Ltd. (Switzerland)
- Randox Laboratories Ltd. (U.K.)
- Biomerieux (France)
- Bio-Rad Laboratories Inc. (U.S.)
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Triage B-Type Natriuretic Peptide (BNP) Testing Market Scope
Application
- Acute Myocardial Infarction (AMI)
- Acute Coronary Syndrome (ACS)
- Congestive Heart Failure (CHF)
- Others
End-Use
- Laboratory Testing
- Point of Care Testing
Triage B-Type Natriuretic Peptide (BNP) Testing Market Regional Analysis/Insights
The triage b-type natriuretic peptide (BNP) testing market is analyzed and market size insights and trends are provided by country, application and end use as referenced above.
The countries covered in the triage b-type natriuretic peptide (BNP) testing market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the triage b-type natriuretic peptide (BNP) testing market because of the region’s well-developed healthcare infrastructure and favourable reimbursement policies.
Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2023 to 2030 owing to the growing incidence of cancer such as bladder, esophagus, liver, pancreas, and others, high presence of major manufacturers across the U.S. Furthermore, technological advancements and rising foreign investment.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the this research report
- Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and product launches in the market
- Competitive Assessment: In-depth assessment of the market strategies, and geographic and business segments of the leading players in the market
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
Top Key Topics Covered:
- Strategic Imperatives
- Factors Creating Pressure on Growth
- The Strategic Imperative
- Growth Opportunities Fuel the Growth Pipeline Engine
- Research Methodology
- Scope and Segmentation
- Research Context and Scope of Analysis
- Segmentation
- Other Techniques for This Research Report Management
- Growth Opportunity Analysis
- Growth Drivers
- Growth Restraints
- Introduction
- The Impact of the COVID-19 Pandemic and Post
- Future Growth
- Innovation Ecosystem
Continued…
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Some of the Most Important Questions Scrutinized in the Business Intelligence Report:
- What are the key growth parameters for this global market during the forecast period?
- Which key players are expected to hold the largest market share over the forecast period?
- Who are the leading vendors and manufacturers in this market?
- What are the key strategies adopted by leading players in the market for business development and geographical expansion?
- Which end-use industries can trigger high demand in the market over the forecast period?
- What are the key segments in this market?
- Which regional player will have anticipated leading the global market in terms of size?
- What is the impact of the novel coronavirus pandemic?
- Which obstacles must new players overcome in order to occupy a major position?
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