Growing R&D and Demand for Point-of-Care Diagnostics Transforming the Global Cardiac Biomarkers Market

The “Global Cardiac Biomarkers Market – Outlook & Forecast 2023-2028” report has been added to  ResearchAndMarkets.com’s offering.

The global cardiac biomarkers market is projected to experience robust growth, reaching $26.43 billion by 2028, with a compound annual growth rate (CAGR) of 12.14% from 2022 to 2028. This growth is attributed to several key market trends and drivers.

Key Market Trends & Drivers:

  • Integration of Multiple Cardiac Biomarkers: Healthcare professionals are increasingly combining information from various cardiac biomarkers to gain a comprehensive understanding of a patient’s cardiac health. This approach enables more accurate risk assessment, early detection of cardiovascular diseases, and personalized treatment strategies. Combining multiple biomarkers enhances patient care and improves outcomes.
  • Increasing R&D Activities: The market is witnessing a surge in research and development (R&D) activities focused on novel cardiac biomarkers. Researchers and companies are exploring innovative molecular indicators to enhance diagnostic accuracy, risk assessment, and personalized treatment strategies for cardiovascular diseases.
  • Growing Prevalence of Cardiovascular Diseases: Cardiovascular diseases (CVDs) are becoming a leading cause of global mortality, driving the demand for accurate and timely diagnosis. Cardiac biomarkers offer critical insights into heart health, enabling early detection, precise risk assessment, and effective monitoring.
  • Demand for Point-of-care Cardiac Diagnostics: Point-of-care cardiac diagnostics are gaining popularity due to their convenience and speed. Healthcare providers are adopting rapid testing methods that offer real-time cardiac insights, facilitating timely diagnosis and treatment of cardiovascular diseases.

Segmentation Highlights:

  • Biomarkers Type: Troponin, Creatine Kinase (CK-MB), Myoglobin, and Others. Troponin biomarkers, known for their specificity, accounted for the most significant market share in 2022.
  • Application: Acute Coronary Syndrome, Myocardial Infraction, Congestive Heart Failure, and Others. The acute coronary syndrome (ACS) application segment dominated the market in 2022.
  • End-user: Hospitals, Diagnostic Laboratories, and Others. Hospitals played a vital role in utilizing cardiac biomarkers for patient care in 2022.

Geographical Analysis:

  • North America: Led the market in 2022, driven by high CVD prevalence, a well-established healthcare infrastructure, and robust R&D activities, with a focus on introducing innovative biomarkers and diagnostic technologies.
  • Europe: Also contributed significantly to market growth, with Germany, France, and the U.K. as key players in introducing innovative cardiac biomarkers.
  • APAC: Including Japan, China, India, and others, is witnessing increased adoption of cardiac biomarkers in clinical practice due to rising awareness about early disease detection and prevention.

Vendor Landscape:

The global cardiac biomarkers market is highly competitive, with players ranging from pharmaceutical companies and diagnostic manufacturers to biotechnology firms and research institutions. The pursuit of improved patient outcomes and advancements in diagnostic technologies have fueled innovation and competition within the field.

Key Company Profiles

  • Abbott
  • Bio-Rad Laboratories
  • Danaher
  • F.Hoffmann-La Roche
  • PerkinElmer
  • Siemens Healthineers

Other Prominent Vendors

  • Abcam
  • bioMerieux
  • BioSupply
  • BTNX
  • CardioGenics
  • Creative Diagnostics
  • DiaSorin
  • Life Diagnostics
  • LumiraDx
  • Medix Biochemica
  • MESO SCALE DIAGNOSTICS
  • MP Biomedicals
  • Quidel
  • Randox Laboratories
  • Response Biomedical
  • Tosoh

KEY QUESTIONS ANSWERED:
1. How big is the global cardiac biomarkers market?
2. What is the projected growth rate of the global cardiac biomarkers market?
3. What are the rising trends in the cardiac biomarkers market?
4. Which region holds the most significant global cardiac biomarkers market share?
5. Who are the key players in the global cardiac biomarkers market?

For more information about this report visit https://www.researchandmarkets.com/r/bqqiet

Hot this week

Cartessa Aesthetics Partners with Classys to Bring EVERESSE to the U.S. Market

Classys, which is listed on the KOSDAQ, is one of South Korea's most distinguished aesthetic technology manufacturers, with devices distributed in 80+ markets globally. This partnership marks Classys's official entry into the American marketplace, with Cartessa Aesthetics as the exclusive distributor for EVERESSE, launched under the Volnewmer brand in current global markets.

Stryker Launches Next-Generation of SurgiCount+

Now integrated with Stryker's Triton technology, SurgiCount+ addresses two key challenges: retained surgical sponges and blood loss assessment. Integrating these previously separate digital solutions provides the added benefit of a more efficient, streamlined workflow for hospitals notes Stryker.

Nevro Receives CE Mark In Europe for It’s HFX iQ™ Spinal Cord Stimulation System

Nevro notes HFX iQ is the first and only SCS system with artificial intelligence (AI) technology that combines high-frequency (10 kHz) therapy built on landmark evidence that uses ongoing cloud data insights to deliver personalized pain relief

Recor Medical Reports: CMS Grants Distinct TPT Device Code and Category to Recor Medical for Ultrasound Renal Denervation

The approval of TPT offers incremental reimbursement payments for outpatient procedures performed with ultrasound renal denervation for Medicare fee-for-service beneficiaries. It becomes effective January 1, 2025, and is expected to remain effective for up to three years notes Recor Medical.

Jupiter Endovascular Reports | 1st U.S. Patient Treated with Jupiter Shape-shifting Thrombectomy Device

“Navigation challenges during endovascular procedures are often underappreciated and have led to under-adoption of life-saving procedures, such as pulmonary embolectomy. We have purpose-built our Endoportal Control technology to solve these issues and make important endovascular procedures accessible to more clinicians and their patients who can benefit from them,” said Carl J. St. Bernard, Jupiter Endovascular CEO. “This first case in the U.S. could not have gone better, and appears to validate the safety and performance we are seeing in our currently-enrolling European SPIRARE I study.”