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Myoglobin Market Size

  • Report ID: GMI9188
  • Published Date: Apr 2024
  • Report Format: PDF

Myoglobin Market Size

Myoglobin Market size was valued at USD 98.5 million in 2023 and is anticipated to showcase growth at 4.3% between 2024 and 2032, driven by the increasing demand for diagnostic testing, particularly for cardiovascular diseases and muscle-related disorders. Myoglobin assays are being increasingly utilized by healthcare providers for their role as cardiac biomarkers, aiding in the early detection, risk assessment, and monitoring of conditions such as myocardial infarction, thereby contributing to the market’s growth.

 

Furthermore, advancements in diagnostic technologies are also shaping the market. Innovations in high-sensitivity immunoassays and point-of-care testing devices are driving the development of rapid, accurate, and user-friendly myoglobin testing solutions, further contributing towards market growth.

 

Myoglobin is a protein found in muscle tissues, including cardiac (heart) and skeletal muscle. It serves as a biomarker for conditions such as myocardial infarction (heart attack) and rhabdomyolysis (muscle breakdown). When muscle tissue is damaged, myoglobin is released into the bloodstream, where it can be detected through diagnostic tests. Elevated levels of myoglobin in blood serum or urine are indicative of muscle injury or cardiac damage.

 

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global myoglobin market was valued at USD 98.5 million in 2023 and will grow at 4.3% CAGR between 2024-2032, driven by the increasing demand for diagnostic testing.

Human myoglobin from product segment held a market share of 70.3% in 2023 and will grow rapidly till 2032, driven by its effectiveness in the early diagnosis of heart conditions.

North America myoglobin market size was valued at USD 42 million in 2023 and will grow at 4.1% CAGR during the forecast timeframe, driven by advanced healthcare infrastructure and sophisticated diagnostic capabilities.

Abnova Corporation, biomérieux SA, Beckman Coulter, Inc. (Danaher Corp), Boditech Med Inc., Calzyme, Merck KGaA , OriGene Technologies, Inc. among others.

Myoglobin Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 144
  • Countries covered: 22
  • Pages: 77
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