Coherent Market Insights published a business research report on Cardiac Biomarkers Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2022–2028. Cardiac Biomarkers Market with 150+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. The information is gathered based on modern floats and requests identified with the administrations and items.
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Cardiac markers are used for the diagnosis and risk stratification of patients suffering from chest pain and acute coronary syndrome (ACS) and for management and prognosis in patients with acute heart failure, pneumonic embolism, and other disease states.
A cardiac biomarker is a protein-based substance that can be quantified for prognostic and diagnostic analysis of heart conditions. Cardiac biomarkers are delivered into the blood when the heart is suffering from injury or difficulties like lack of oxygen. Indication of cardiac biomarkers, for example, creatinine kinase, cardiac troponin, myoglobin, etc., are utilized to diagnose a few cardiovascular conditions like cardiac ischemia and ACS .
ACS happens because of the buildup of arterial plaque, which leads in the narrowing down of artery dividers. Plaque rupture prompts an unexpected reduction in the amount of oxygen enriched blood reaching the heart. Shortage of blood supply prompts delayed chest pain. Then again, cardiac ischemia diminishes the capability of heart muscles to siphon sufficient blood to meet the requirement of heart cells. Decreased progression of blood causes symptoms, for example, shortness of breath, chest pain, sweating, and others. Blockage of blood supply for a more drawn-out period can cause the death of the heart cells. This condition is called an acute myocardial infarction (AMI) or heart attack. Permanent harm to heart muscles can result in irregular heart contractions additionally called arrhythmia, which can be fatal. The cardiac biomarker is an essential tool to understand the presence of cardiac ischemia or ACS in patients and likewise evaluate the severity of their conditions accurately.
The increasing pervasiveness of cardiovascular diseases is the major factor that is expected to drive the growth of the market.
The rising number of patients with cardiovascular disease is expected to drive the growth of the global cardiac biomarkers market. For instance, according to the American College of Cardiology Foundation, in 2019, there were approximately 1.05 million individuals suffering from coronary diseases in the U.S. Moreover, according to the Centers for Disease Control and Prevention (CDC) report 2020, around 805,000 Americans have a heart attack consistently.
An increasing number of innovative work for enhancing the effectiveness of these tests are expected to boost the market growth
There is a rising requirement for research activities on the improvement of the effectiveness of cardiac biomarkers-based tests. Subsequently, increasing R&D activities have energized the growth of the cardiac biomarkers market during the forecast period. For instance, in 2019, Ortho Clinical Diagnostics, a U.S. situated in-vitro diagnostics organization, fostered a more rapid and accurate measure for the detection of a heart attack. This recently evolved Vitros High Sensitivity Troponin I Assay depends on the quantitative measurement of troponin, which is a cardiac biomarker.
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Impact of Coronavirus (COVID-19) Pandemic
Since the COVID-19 outbreak in December 2019, the disease has spread to more than 100 countries across the globe and the World Health Organization proclaimed it a public health crisis on 30 January 2020. According to the World Health Organization’s report, the manifestation of Coronavirus (COVID-19) has resulted in more than 245 million infected individuals worldwide as of October 27, 2021.
The COVID-19 pandemic has unfavorably affected the healthcare industry. Notwithstanding, the COVID-19 pandemic is expected to decidedly affect the global cardiac biomarkers market as cardiovascular diseases are associated with COVID-19 disease.
For instance, according to an article published by the National Centers for Biotechnology Information in March 2021, it is estimated that the biomarkers would be involved alongside diagnostic markers for other organs for legitimate prognosis and diagnosis of COVID-19 infection. A similar source confirmed that elevated degrees of troponin was reported in COVID-19 patients worldwide. This source likewise stated that higher degrees of cardiac biomarkers: NT-professional BNP and CK-MB were seen in seriously affected COVID-19 patients. This means that increasing levels of these cardiac biomarkers are related with the non favorable results.
COVID-19 is expected to contrarily affect the stock of unrefined components required for the production of cardiac biomarkers because of the forced quarantine and lack of labor. As the link between regional distribution centers was not smooth, transportation of unrefined substances between regions couldn’t be carried out effectively. This shortage of natural substances and components has seriously affected the production network of the global cardiac biomarkers market.
Anyway, the demand for cardiac biomarkers will be increasing as COVID-19 significantly affects the upper respiratory tract and results to a number of cardiac diseases, for example, arrhythmia, cardiac injury because of acute coronary syndrome, and septic shock. Henceforth the demand for cardiac biomarkers utilized for the diagnosis of these diseases will increase over the forecast period.
Lack of specificity and the requirement for a more sensitive cardiac biomarker analysis system acts as a major restraint for the market. For instance, according to an article by the American Association for Clinical Chemistry (AACC) in June 2020, utilization of cardiac biomarkers as point-of-care testing, which demands a very high sensitivity medial diagnostic equipment, as POCT fails to detect small degrees of cardiac biomarker-troponin. Subsequently, such tests cannot be utilized for rapid decision-making as one needs to wait for a few hours before high troponin levels in the patient and the system are ready to detect it.
Moreover, strict validation by U.S. Food and Drug Administration (FDA) and technical issues related to testing collection and storage acts as a restraint for the market. The FDA has created the Biomarker Qualification Program, where the companies might request regulatory qualification of a biomarker for a particular context of purpose in drug development. Just the qualified biomarker can be utilized in multiple medication development programs without a requirement for the Center for Drug Evaluation and Research (CDER) to reconfirm the suitability of the biomarkers, which hampers the market of cardiac biomarkers. Moreover, the list of qualified biomarkers is too short.
Furthermore, the example which should be tested by biomarker for research study reason or diagnostic has technical issues related to testing collection and storage. This is owing to the fact that labeling, handling, allocating, processing, storage, and transportation might affect the results of the study. The example should be put on dry ice and shipped around the same time in an air pocket wrap pack, if the cycle is not carried out as expected, it might affect the quality of the example. The issues which arise during test collection and storage could hamper the global cardiac biomarkers market growth.
Key players in the global cardiac biomarker market include BioMérieux SA, Siemens Healthineers, Randox Laboratories Ltd., Danaher CorporationBio-Rad Laboratories, Inc., Thermo Fisher Scientific Inc., and Abbott Laboratories.
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Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Global Cardiac Biomarkers Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: Cardiac Biomarkers Industry Impact
Chapter 2 Global Cardiac Biomarkers Competition by Types, Applications, and Top Regions and Countries
2.1 Global Cardiac Biomarkers (Volume and Value) by Type
2.3 Global Cardiac Biomarkers (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Cardiac Biomarkers Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 5 North America Cardiac Biomarkers Market Analysis
Chapter 6 East Asia Cardiac Biomarkers Market Analysis
Chapter 7 Europe Cardiac Biomarkers Market Analysis
Chapter 8 South Asia Cardiac Biomarkers Market Analysis
Chapter 9 Southeast Asia Cardiac Biomarkers Market Analysis
Chapter 10 Middle East Cardiac Biomarkers Market Analysis
Chapter 11 Africa Cardiac Biomarkers Market Analysis
Chapter 12 Oceania Cardiac Biomarkers Market Analysis
Chapter 13 South America Cardiac Biomarkers Market Analysis
Chapter 14 Company Profiles and Key Figures in Cardiac Biomarkers Business
Chapter 15 Global Cardiac Biomarkers Market Forecast (2022-2028)
Chapter 16 Conclusions
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