Cardiac Biomarkers Market
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Cardiac Biomarkers Market size was valued at USD 9.4 billion in 2022 and is estimated to account for USD 31.2 billion by 2032. Cardiac biomarkers are substances or molecules that are measured in the blood to assess the health and function of the heart.
These biomarkers serve as diagnostic tools to detect and evaluate various cardiac conditions, including heart attack, failure, and other such disorders. According to the World Health Organization, cardiovascular diseases (CVDs) are the primary cause of global mortality, responsible for an estimated 18 million deaths each year.
Key Takeaway | Details |
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Market Size & Growth | |
Base Year | 2022 |
Market Size in 2022 | USD 9.4 Billion |
Forecast Period 2023 to 2032 CAGR | 12.8% |
Market Size in 2032 | USD 31.2 Billion |
Key Market Trends | |
Growth Drivers |
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Pitfalls & Challenges |
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Increasing prevalence of CVDs is likely to increase the demand for cardiac markers. As the number of individuals affected by CVDs increases, there will be a greater need for diagnostic tools and biomarkers to identify, assess, and manage these conditions. As people become more informed about the risk factors for CVDs, including high blood pressure, high cholesterol, obesity, smoking, and physical inactivity, they are increasingly motivated to monitor their heart health.
During the initial phase of the pandemic, healthcare resources were redirected towards COVID-19 care, leading to the postponement of non-urgent cardiac testing and elective procedures. This temporarily affected the demand for cardiac marker testing. Nevertheless, COVID-19 posed cardiovascular complications, including myocardial injury which elevated the need for cardiac marker testing in patients with COVID-19 to assess cardiac health and monitor potential damage.
The increasing clinical research efforts dedicated to discovering novel cardiac biomarkers represent a pivotal development in the field of cardiology. These efforts have the potential to transform cardiovascular diagnostics and patient care, enhancing early detection, risk assessment, and the personalization of treatment strategies. As research progresses and novel biomarkers are identified, the future of cardiovascular healthcare is likely to benefit from accurate, comprehensive, and patient-specific approaches to cardiac diagnostics and management.
The market by product is categorized into troponins, creatine kinase-MB (CK-MB), myoglobin, natriuretic peptides, c-reactive protein (CRP), ischemia modified albumin. The troponins segment garnered USD 3 billion revenue size in the year 2022. Troponins are predominantly found in cardiac muscle and their specificity for cardiac injury reduces the risk of false positives, making them highly reliable indicators of heart damage.
Troponins are prominently featured in clinical guidelines for cardiac evaluation, enhancing their use in routine practice.
Based on application, the cardiac biomarkers market is segmented into congestive heart failure, myocardial infarction, acute coronary syndrome, atherosclerosis, and others. The atherosclerosis segment accounted for over 31% market share in the year 2022. High segment progression can be attributed to following factors as mentioned below;
The cardiac biomarkers market by end-use is categorized into hospital laboratory, point of care testing facilities, diagnostic facilities, and others. Hospital laboratory segment garnered USD 4.8 billion revenue size in the year 2022.
U.S. cardiac biomarkers market accounted for USD 1.4 billion revenue size in 2022.
The cardiac biomarkers industry is consolidated, with major players such as Abbott, Roche dominating the market. These companies are focused on continuous product innovation to secure a significant market share. For instance, in 2021, Roche has unveiled a set of five new proposed applications for two pivotal cardiac biomarkers, utilizing the Elecsys technology: the N-terminal pro-brain natriuretic peptide test and high-sensitive cardiac troponin T. These well-established biomarkers have demonstrated their efficacy in aiding the management of cardiovascular diseases and can assist healthcare professionals in the diagnosis of heart attacks and the improved management of heart failure. The introduction of such products can certainly be advantageous for the company
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Some of the eminent market participants operating in the cardiac biomarkers industry include:
By Product, 2018-2032 (USD Million)
By Application, 2018-2032 (USD Million)
By End-use, 2018-2032 (USD Million)
The above information is provided for the following regions and countries:
U.S. market accounted for USD 1.4 billion in 2022 and is predicted to witness substantial growth through 2032, owing to the rising cases of heart diseases in the region.
Abbott Diagnostics, Roche Diagnostics, Siemens Healthineers, Beckman Coulter, Bio-Rad Laboratories, Ortho Clinical Diagnostics, Randox Laboratories, Quidel Corporation, and Radiometer among others.
The cardiac biomarkers industry was valued at USD 9.4 billion in 2022 and is estimated to account for USD 31.2 billion by 2032.
The troponins segment garnered USD 3 billion revenue size in the year 2022 as the product