Cardiac Biomarkers Market Overview:
The global market for cardiac biomarkers is getting traction from mainly the rising cases of cardiac diseases. Market Research Future (MRFR) predicts a CAGR of 16.36% to dominate the forecast period of 2019 to 2025, during which the market will also cross a valuation of USD 4236.02 million. The report also deals in detail with factors that can ensure a better impact on the market prospect.
Factors like increasing adoption of outsourcing services, better inclusion of technologies, investment from pharmaceutical companies, a surge in the popularity of testing kits, and affordability are expected to act as major traction providers.
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However, the presence of alternatives and chances of false diagnosis can restrain the market from getting more revenues.
Cardiac Biomarkers Market Segmentation:
A detailed discussion requires better handling of the market using segments. MRFR experts dis that with the cardiac biomarkers market as they got it segmented into type, location of testing, and application. Data from these segments would help in the better reading of trends and growth potentials.
By type, the global market for cardiac biomarkers can be segmented into Myocardial muscle Creating Kinase (CK-MB), Myoglobin, brain natriuretic peptide (BNPs), or NT-proBNP, troponins (T and I), and ischemia modified albumin (IMA). CK-MB is ideal for finding out myocardial necrosis.
By location of testing, the global market has been studied on the basis of point of care testing and laboratory testing. The point of care testing market would grow notably but the laboratory segment will dominate the global market.
By application, the global study can be taken forward on the basis of segments like acute coronary syndrome, myocardial infarction, atherosclerosis, and congestive heart failure. The acute coronary segment dominates the global market as it is necessary for prompt diagnosis of diseases and care. In the US, around 1.5 million cases of myocardial infarction take place every year.
Cardiac Biomarkers Market Regional Analysis:
The Americas would perform better as the regional Cardiac Biomarkers Market is getting mostly backed by countries like the US and Canada. Better infrastructure and expenditure capacity for research are expected to boost the market. In Europe, the market will benefit from government initiatives and research activities.
Cardiac Biomarkers Market Competitive Landscape:
Abbott Laboratories (US), ACS Biomarker (The Netherlands), bioMérieux SA (France), Becton, Dickinson and Company (US), Bio-Rad Laboratories, Inc. (US), Johnson and Johnson (US), Danaher Corporation (US), Quidel Corporation (US), Siemens AG (Germany), Hoffmann-La Roche Ltd (Switzerland), Novartis (Switzerland), Randox Laboratories Limited (UK), Thermo Fisher Scientific, Inc. (US), and Trivitron Healthcare Pvt. Ltd. (India) are some of the major influential companies that can impact the outcome of the cardiac biomarkers market. Planning an expansion of client-base and portfolio includes strategic means like mergers, acquisitions, innovations, and collaboration, things that most of these companies are using to establish their positions. These companies are also investing in research and development to create scope for better innovation, improved marketing strategies, and others.
Cardiac Biomarkers Industry News:
The connection between chronic kidney disease (CKD) and cardiovascular (CV) mortality and morbidity is well-established. A recent paper that got published in the Mayo Clinic Proceedings revealed that scientists are trying to find a proper influencer. They were suspecting hs-TnT and NT-proBNP as biomarkers. The result of this study indicated that people with a higher level of hs-TnT and NT-proBNP are more prone to adverse cardiovascular events. In fact, patients with CKD are showing a 38% higher chance of having a stroke. The analysis revealed how much these biomarkers could guide in deciding the state of cardiac disease. For physicians, this new method will help substantially in identifying patients and treat them accordingly.
Table Of Contents
1. REPORT PROLOGUE
2. MARKET INTRODUCTION
3. RESEARCH METHODOLOGY
4. MARKET DYNAMICS
5. MARKET FACTOR ANALYSIS
6. GLOBAL CARDIAC BIOMARKERS MARKET, BY TYPE
LIST OF TABLES
TABLE 1 GLOBAL CARDIAC BIOMARKERS MARKET SYNOPSIS, 2019–2025
TABLE 2 GLOBAL CARDIAC BIOMARKERS MARKET ESTIMATES & FORECAST, 2019–2025 (USD MILLION)
TABLE 3 GLOBAL CARDIAC BIOMARKERS MARKET, BY TYPE, 2019–2025 (USD MILLION)
TABLE 4 GLOBAL CARDIAC BIOMARKERS MARKET, BY LOCATION OF TESTING, 2019–2025 (USD MILLION)
TABLE 5 GLOBAL CARDIAC BIOMARKERS MARKET, BY APPLICATION, 2019–2025 (USD MILLION)
TABLE 6 GLOBAL CARDIAC BIOMARKERS MARKET, BY REGION, 2019–2025 (USD MILLION)
LIST OF FIGURES
FIGURE 1 RESEARCH PROCESS
FIGURE 2 MARKET STRUCTURE FOR THE GLOBAL CARDIAC BIOMARKERS MARKET
FIGURE 3 MARKET DYNAMICS FOR THE GLOBAL CARDIAC BIOMARKERS MARKET
FIGURE 4 GLOBAL CARDIAC BIOMARKERS MARKET SHARE, BY TYPE, 2018 (%)
FIGURE 5 GLOBAL CARDIAC BIOMARKERS MARKET SHARE, BY LOCATION OF TESTING, 2018 (%)
FIGURE 6 GLOBAL CARDIAC BIOMARKERS MARKET SHARE, BY APPLICATION, 2018 (%)
FIGURE 7 GLOBAL CARDIAC BIOMARKERS MARKET SHARE, BY REGION, 2018 (%)
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