Cardiac Biomarkers Testing Market Set to Surge to $28,098.07 Million by 2030

Allied Market Research (AMR) has published a report on the Cardiac Biomarkers Testing Market. According to the study, the industry is anticipated to achieve a value of $28,098.07 million by 2030, indicating significant growth from $9,766.93 million in 2020, with an impressive CAGR of 10.9% during the projected timeframe (2021-2030). The market analysis report provides an in-depth examination of current market trends, drivers, opportunities, and challenges that businesses in the industry encounter. It also offers detailed segmentation, regional analysis, and a competitive landscape of the market to help businesses and stakeholders identify lucrative growth opportunities.

The research includes a comprehensive analysis using Porter’s Five Forces model to assess industry competitiveness, covering the power of suppliers, competition among rivals, the threat of substitutes, and the potential for new competitors. This report provides businesses and stakeholders with valuable insights, enabling them to make more informed, data-driven decisions and achieve long-term success.

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Key Highlights:

• Based on biomarkers type, the global cardiac biomarkers testing market is fragmented into troponins, natriuretic peptides (BNP and NT-proBNP), myoglobin, ischemia modified albumin (IMA), creatine kinase (CK-MB), and other biomarkers type.
• The troponin segment dominated the market in 2020 and is anticipated to maintain its lead position throughout the forecast period.
• Region-wise, North America held the largest share in 2020 and is expected to remain dominant through 2030.

Key Factors Driving Market Growth:

The global cardiac biomarkers testing market is growing rapidly due to the rising prevalence of cardiovascular diseases, non-invasive biomarker processes, and the increasing use of point-of-care (POC) testing. However, strict governmental regulations, a lack of specificity, and potential side effects related to cardiac biomarkers, such as skeletal muscle injury, are expected to hinder market growth to some extent. Nevertheless, personalized medical treatment and POCT diagnosis using cardiac biomarker testing are anticipated to offer profitable growth opportunities in the market in the coming years.

Segmentation Analysis:

Biomarkers Type:

• Creatine Kinase (CK-MB):

CK-MB is an enzyme primarily located in the heart muscles, and increased amounts in the bloodstream indicate damage to the heart tissue, particularly in situations such as heart attacks.

• Troponins:

Troponins are proteins found in cardiac muscle cells. Increased levels of troponins in the blood usually indicate injury or damage to the heart muscle, commonly used by medical professionals to diagnose a heart attack, also known as a myocardial infarction.

• Myoglobin:

Myoglobin is a protein found in muscle tissue, including the heart. Increased levels in the bloodstream can indicate muscle injury, including damage to the heart muscle, although it is not as precise as troponins.

• Natriuretic Peptides (BNP and NT-proBNP):

BNP and NT-proBNP are hormones that the heart releases when it experiences higher pressure and volume. High levels of these hormones in the bloodstream indicate heart failure.

• Ischemia Modified Albumin (IMA):

IMA is a biomarker used for the identification of ischemia; a condition characterized by reduced blood flow to tissues. Increased levels of IMA in the body are indicative of ischemic incidents, such as those affecting the heart.

• Other Biomarkers:

This segment comprises various markers such as C-reactive protein (CRP), lipid profile, and others. These markers are not specific to cardiac tissue damage but can provide additional details about cardiovascular health and risk factors.

Application:

• Myocardial Infarction:

It is essential to utilize cardiac biomarker testing for the diagnosis of myocardial infarction. Increased levels of biomarkers, such as troponin, suggest injury to the heart muscle, aiding in immediate intervention and treatment.

• Congestive Heart Failure:

Biomarkers such as N-terminal pro-B-type natriuretic peptide (NT-proBNP) and B-type natriuretic peptide (BNP) play an important role in diagnosing and treating congestive heart failure by aiding in the assessment of its severity and determining appropriate treatment options.

• Acute Coronary Syndrome (ACS):

Cardiac biomarkers help diagnose and determine the risk level of patients with ACS, such as unstable angina and myocardial infarction. Troponin levels, along with other biomarkers, help identify individuals at higher risk of adverse cardiac events.

• Atherosclerosis:

Cardiac biomarkers are frequently utilized for evaluating and managing atherosclerosis, a condition characterized by plaque buildup in the arteries. Biomarkers such as high-sensitivity C-reactive protein (hs-CRP) aid in measuring inflammation levels associated with atherosclerosis and assessing cardiovascular risk.

• Other Applications:

Cardiac biomarkers testing is utilized in various scenarios beyond those mentioned, including assessing the risk in patients undergoing non-cardiac surgeries, examining chest pain in emergency departments, and monitoring heart function in cancer patients receiving potentially harmful drugs.

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Location of Testing:

• Point of Care Testing:

In the cardiac biomarkers testing industry, Point of Care Testing (POCT) facilitates rapid evaluation of cardiac biomarkers such as troponin levels near the patient, often at the bedside, thus streamlining the process of quick and accurate diagnosis and treatment choices in emergencies.

• Laboratory Testing:

Laboratory testing involves the analysis of cardiac biomarkers in a centralized laboratory facility, usually using blood samples collected from patients. In the cardiac biomarkers testing market, laboratory testing offers thorough analysis with high precision, aiding in the long-term diagnosis and monitoring of cardiac conditions, particularly in non-emergency cases.

Regional Analysis:

The global cardiac biomarkers testing market is analyzed across major regions such as North America, Europe, Latin America, Asia-Pacific, and the Middle East & Africa. Understanding regional variations helps businesses mitigate market risks and tailor approaches to diverse customer segments, enabling informed decision-making and successful market entry strategies.

In the industry, North America held the largest market share in 2020 and is expected to continue leading from 2020 to 2030. This is attributed to significant investment in research and development, the presence of leading companies with their easily available products, and a well-developed healthcare infrastructure in the region. However, Asia-Pacific is projected to showcase the fastest CAGR of 12.5% during the forecast period. This is due to Asian governments’ investments in healthcare infrastructure development.

Leading Players:
Abbott Laboratories
Becton, Dickinson and Company
bioMerieux
Bio-Rad Laboratories
Danaher Corporation
F. Hoffmann-La Roche
PerkinElmer
Siemens
Thermo Fisher Scientific
Tosoh Corporation

Recent Developments in the Industry:

The advancements in cardiac biomarkers testing have created new avenues for detecting cardiovascular disease.

High-sensitivity cardiac troponin assays:

Highly sensitive cardiac troponin assays have been developed to enhance the early diagnosis of heart attacks by detecting very low levels of cardiac troponin. These tests enable earlier detection of heart damage and more accurate risk assessment, thus reducing the time for diagnosing heart attacks and improving patient outcomes.

Multiplex biomarker panels:

Multiplex biomarker panels have been developed to assess multiple biomarkers at the same time, offering a more thorough evaluation of heart function and risk. These panels include markers of inflammation, oxidative stress, myocardial injury, and various pathways related to cardiovascular disease. By measuring multiple biomarkers, healthcare providers can gain a more in-depth understanding of a patient’s cardiovascular health and customize treatment plans as needed. Multiplex biomarker panels have the ability to improve risk prediction, prognosis, and treatment monitoring in patients with cardiovascular disease.

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Key Questions Answered in the Report

• What are the key factors that influence the market’s growth during the projected time frame?
• What is the CAGR of the cardiac biomarkers testing industry during the forecast period?
• Which regions in the market offer the best investment opportunities currently?
• Which companies currently hold dominant positions in the market?

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The Allied Market Research report on the Cardiac Biomarkers Testing Market provides essential knowledge for stakeholders driving this ever-evolving landscape. Offering thorough analysis enables strategic decision-making and promotes innovation in the domain.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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