CHICAGO, Oct. 12, 2022 /PRNewswire/ -- Cardiac Marker Testing Market is projected to grow from USD 5.0 billion in 2022 to USD 7.7 billion by 2027, at a CAGR of 8.7% from 2022 to 2027, according to a new report by MarketsandMarkets. Factors such as increasing incidence of cardiovascular diseases, increasing demand for early diagnosis of cardiovascular diseases, growing public-private investments to support for the clinical research of novel cardiac biomarkers, and rising geriatric patient population are anticipated to fuel the growth of the market during the forecast period.
However, technical challenges related to the collection and storage of biomarkers, limited reimbursements, and regulatory changes are expected to restrain the market growth during the forecast period.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=64885447
Browse in-depth TOC on "Cardiac Marker Testing Market"
138 - Tables
46 - Figures
210 - Pages
Based on products, kits and reagent segment accounted for the largest share of the cardiac marker testing market in 2021.
On the basis of product, the cardiac marker testing market is segmented into kit & reagents and Instruments. In 2021, the kit & reagents segment accounted for the largest share of the market. Rising prevalence of cardiovascular diseases and increasing demand for rapid diagnosis of heart conditions have enhanced the usage of reagents and kits in diagnostic laboratories, academic institutes, and POC facilities. Moreover, rising volume of cardiac marker testing procedures and increase availability of different cardiac biomarker kits and reagents are contributing towards the largest share of the segment.
Based on biomarker type, Troponin I and T segment accounted for the largest share of the cardiac marker testing market in 2021.
Due to the high sensitivity and specificity are marking troponin choice of biomarker among lab professional for the detection of cardiac injury. Moreover, the growing focus of players in introducing higher sensitivity troponin with capability of detection of lower level of concentration of troponin in blood samples are expected to support the growth of the segment.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=64885447
North America to command the largest share of the cardiac marker testing market in 2021
Based on region, the cardiac marker testing market is segmented into North America, Europe, the Asia Pacific, Latin America, and Middle East & Africa. North America accounted for the largest share of the market in 2021. The growth of the North American market is primarily driven by the increasing geriatric population, high incidence/prevalence of cardiovascular diseases, increasing number of cardiac marker testing procedures, and strong foothold of well-established players with strong cardiac biomarker testing product portfolio. Moreover, the rising support from the government to support the discovery of new cardiac biomarker is likely to boost the market in North America.
Prominent players in the cardiac marker testing market include F. Hoffmann-La Roche AG (Switzerland), Abbott Laboratories (US), Danaher Corporation (US), Siemens Healthineers AG (Germany), PerkinElmer, Inc. (US), bioMérieux SA (France), Becton, Dickinson and Company (US), Bio-Rad Laboratories, Inc. (US), Thermo Fisher Scientific Inc. (US), DiaSorin (Italy), and Tosoh Corporation (Japan), LSI Medience Corporation (Japan), Quidel Corporation (US), Randox Laboratories (UK), Guangzhou Wondfo Biotech Co., Ltd. (China), Boditech Med Inc. (South Korea), Tulip Diagnostics (P) Ltd (India), BTNX Inc. (Canada), Response Biomedical (Canada), Alfa Scientific Designs, Inc. (US), CTK Biotech, Inc. (US), Creative Diagnostics (US), LifeSign LLC. (US), CardioGenics Holdings Inc (Canada), and Atlas Medical GmbH (Germany).
Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=64885447
Browse Adjacent Market: Medical Devices Market Research Reports & Consulting
Related Reports:
- Point of Care & Rapid Diagnostics Market
- In-Vitro Diagnostics Market / IVD Market
- Lateral Flow Assays Market
- Immunoassay Market
- Cell Isolation Market / Cell Separation Market
- Vaccines Market
- Healthcare IT Market
About MarketsandMarkets
MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/cardiac-marker-testing-market.asp
Visit Our Website: https://www.marketsandmarkets.com/
Content Source: https://www.marketsandmarkets.com/PressReleases/cardiac-marker-testing.asp
Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/cardiac-marker-testing-market-worth-7-7-billion-by-2027--exclusive-report-by-marketsandmarkets-301647238.html
