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Cardiac Marker Testing Market Size, Trends, Analysis, and Outlook By Product (Reagents and Kits, Instruments), By Biomarker (Troponin I and T, Creatine kinase-MB(CK-MB), Brain Natriuretic peptide, Myoglobin, High-sensitivity C-reactive protein, Others), By Disease (Myocardial Infarction, Congestive Heart Failure, Acute Coronary Syndrome, Atherosclerosis, Ischemia), By End-User (Laboratory Testing Facilities, Point-Of-Care Testing Facilities, Academic Institutions), by Country, Segment, and Companies, 2024-2032

April 2024 | 205 pages | ID: C7B46A97ABCDEN
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The global Cardiac Marker Testing market size is poised to register 10.5% growth from 2024 to 2032, presenting significant growth prospects for companies operating in the industry. The industry study analyzes the global Cardiac Marker Testing market across By Product (Reagents and Kits, Instruments), By Biomarker (Troponin I and T, Creatine kinase-MB(CK-MB), Brain Natriuretic peptide, Myoglobin, High-sensitivity C-reactive protein, Others), By Disease (Myocardial Infarction, Congestive Heart Failure, Acute Coronary Syndrome, Atherosclerosis, Ischemia), By End-User (Laboratory Testing Facilities, Point-Of-Care Testing Facilities, Academic Institutions)

The cardiac marker testing market is characterized by the growing demand for rapid and accurate diagnosis of acute coronary syndromes, advancements in biomarker detection technologies, and the need for risk stratification and prognostication in cardiovascular diseases. By 2030, the market is poised to witness steady growth, driven by innovations in cardiac troponin assays, natriuretic peptide tests, and high-sensitivity biomarker platforms. Further, expanding applications in chest pain evaluation, heart failure management, and perioperative risk assessment are expected to drive market expansion, enabling clinicians to identify high-risk patients, guide treatment decisions, and improve cardiovascular outcomes through timely intervention.

Cardiac Marker Testing Market Drivers, Trends, Opportunities, and Growth Opportunities

This comprehensive study discusses the latest trends and the most pressing challenges for industry players and investors. The Cardiac Marker Testing market research analyses the global market trends, key drivers, challenges, and opportunities in the industry. In addition, the latest Future of Cardiac Marker Testing survey report provides the market size outlook across types, applications, and other segments across the world and regions. It provides data-driven insights and actionable recommendations for companies in the Cardiac Marker Testing industry.

Key market trends defining the global Cardiac Marker Testing demand in 2024 and Beyond

The industry continues to remain an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play a major role.

Cardiac Marker Testing Market Segmentation- Industry Share, Market Size, and Outlook to 2032

The Cardiac Marker Testing industry comprises a wide range of segments and sub-segments. The rising demand for these product types and applications is supporting companies to increase their investment levels across niche segments. Accordingly, leading companies plan to generate a large share of their future revenue growth from expansion into these niche segments. The report presents the market size outlook across segments to support Cardiac Marker Testing companies scaling up production in these sub-segments with a focus on expanding into emerging countries.

Key strategies adopted by companies within the Cardiac Marker Testing industry

Leading Cardiac Marker Testing companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Further, companies are leveraging advanced technologies to unlock opportunities and achieve operational excellence. The report provides key strategies opted for by the top 10 Cardiac Marker Testing companies.

Cardiac Marker Testing Market Study- Strategic Analysis Review

The Cardiac Marker Testing market research report dives deep into the qualitative factors shaping the market, empowering you to make informed decisions-
  • Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
  • Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
  • Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
  • Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.
Cardiac Marker Testing Market Size Outlook- Historic and Forecast Revenue in Three Cases

The Cardiac Marker Testing industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. Further, with actual data for 2023, the report forecasts the market size outlook from 2024 to 2032 in three case scenarios- low case, reference case, and high case scenarios.

Cardiac Marker Testing Country Analysis and Revenue Outlook to 2032

The report analyses 22 countries worldwide including the key driving forces and market size outlook from 2021 to 2032. In addition, region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America is included in the study. For each of the six regions, the market size outlook by segments is forecast for 2032.

North America Cardiac Marker Testing Market Size Outlook- Companies plan for focused investments in a changing environment

The US continues to remain the market leader in North America, driven by a large consumer base, the presence of well-established providers, and a strong healthcare infrastructure. Leading companies focus on new product launches in the changing environment. The US healthcare expenditure is expected to grow to $4.8 trillion in 2024 (around 3.7% growth in 2024), potentially driving demand for various Cardiac Marker Testing market segments. Similarly, Strong market demand is encouraging Canadian Cardiac Marker Testing companies to invest in niche segments. Further, as Mexico continues to strengthen its relations and invest in technological advancements, the Mexico Cardiac Marker Testing market is expected to experience significant expansion, offering lucrative opportunities for both domestic and international stakeholders.

Europe Cardiac Marker Testing Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities

The German industry remains the major market for companies in the European Cardiac Marker Testing industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of vendors in identifying and leveraging new growth prospects positions the European Cardiac Marker Testing market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.

Asia Pacific Cardiac Marker Testing Market Size Outlook- an attractive hub for opportunities for both local and global companies

The increasing prevalence of indications, robust healthcare expenditure, and increasing investments in healthcare infrastructure drive the demand for Cardiac Marker Testing in Asia Pacific. In particular, China, India, and South East Asian Cardiac Marker Testing markets present a compelling outlook for 2032, acting as a magnet for both domestic and multinational vendors seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major countries in the APAC region.

Latin America Cardiac Marker Testing Market Size Outlook- Continued urbanization and rising income levels

Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa Cardiac Marker Testing Market Size Outlook- continues its upward trajectory across segments

Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Cardiac Marker Testing market potential. Fueled by increasing healthcare expenditure of individuals, growing population, and high prevalence across a few markets drives the demand for Cardiac Marker Testing.

Cardiac Marker Testing Market Company Profiles

The global Cardiac Marker Testing market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are Abbott Laboratories, Becton, Dickinson and Company, bioMйrieux SA, Bio-Rad Laboratories Inc, Danaher Corp, DiaSorin , F. Hoffmann-La Roche AG, LSI Medience Corp, PerkinElmer Inc, Quidel Corp, Siemens Healthineers AG, Thermo Fisher Scientific Inc, Tosoh Corp.

Recent Cardiac Marker Testing Market Developments

The global Cardiac Marker Testing market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

Cardiac Marker Testing Market Report Scope

Parameters: Revenue, Volume Price

Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2032 (Forecast Period)

Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)

Qualitative Analysis
  • Pricing Analysis
  • Value Chain Analysis
  • SWOT Profile
  • Market Dynamics- Trends, Drivers, Challenges
  • Porter’s Five Forces Analysis
  • Macroeconomic Impact Analysis
  • Case Scenarios- Low, Base, High
Market Segmentation:

By Product

Reagents and Kits

Instruments

-Chemiluminescence

-Immunofluorescence

-ELISA

-Immunochromatography

By Biomarker

Troponin I and T

Creatine kinase-MB(CK-MB)

Brain Natriuretic peptide

Myoglobin

High-sensitivity C-reactive protein

Others

By Disease

Myocardial Infarction

Congestive Heart Failure

Acute Coronary Syndrome

Atherosclerosis

Ischemia

By End-User

Laboratory Testing Facilities

Point-Of-Care Testing Facilities

Academic Institutions

Geographical Segmentation:
  • North America (3 markets)
  • Europe (6 markets)
  • Asia Pacific (6 markets)
  • Latin America (3 markets)
  • Middle East Africa (5 markets)
Companies

Abbott Laboratories

Becton, Dickinson and Company

bioMйrieux SA

Bio-Rad Laboratories Inc

Danaher Corp

DiaSorin

F. Hoffmann-La Roche AG

LSI Medience Corp

PerkinElmer Inc

Quidel Corp

Siemens Healthineers AG

Thermo Fisher Scientific Inc

Tosoh Corp

Formats Available: Excel, PDF, and PPT
1. EXECUTIVE SUMMARY

1.1 Cardiac Marker Testing Market Overview and Key Findings, 2024
1.2 Cardiac Marker Testing Market Size and Growth Outlook, 2021- 2030
1.3 Cardiac Marker Testing Market Growth Opportunities to 2030
1.4 Key Cardiac Marker Testing Market Trends and Challenges
  1.4.1 Cardiac Marker Testing Market Drivers and Trends
  1.4.2 Cardiac Marker Testing Market Challenges
1.5 Competitive Landscape and Key Players
1.6 Competitive Analysis- Growth Strategies Adopted by Leading Cardiac Marker Testing Companies

2. CARDIAC MARKER TESTING MARKET SIZE OUTLOOK TO 2030

2.1 Cardiac Marker Testing Market Size Outlook, USD Million, 2021- 2030
2.2 Cardiac Marker Testing Incremental Market Growth Outlook, %, 2021- 2030
2.3 Segment Snapshot, 2024

3. CARDIAC MARKER TESTING MARKET- STRATEGIC ANALYSIS REVIEW

3.1 Porter's Five Forces Analysis
* Threat of New Entrants
* Threat of Substitutes
* Intensity of Competitive Rivalry
* Bargaining Power of Buyers
* Bargaining Power of Suppliers
3.2 Value Chain Analysis
3.3 SWOT Analysis

4. CARDIAC MARKER TESTING MARKET SEGMENTATION ANALYSIS AND OUTLOOK

4.1 Market Segmentation and Scope
4.2 Market Breakdown by Type, Application, and Other Segments, 2021-2030
By Product
Reagents and Kits
Instruments
-Chemiluminescence
-Immunofluorescence
-ELISA
-Immunochromatography
By Biomarker
Troponin I and T
Creatine kinase-MB(CK-MB)
Brain Natriuretic peptide
Myoglobin
High-sensitivity C-reactive protein
Others
By Disease
Myocardial Infarction
Congestive Heart Failure
Acute Coronary Syndrome
Atherosclerosis
Ischemia
By End-User
Laboratory Testing Facilities
Point-Of-Care Testing Facilities
Academic Institutions
4.3 Growth Prospects and Niche Opportunities, 2023- 2030
4.4 Regional comparison of Market Growth, CAGR, 2023-2030

5. REGION-WISE MARKET OUTLOOK TO 2030

5.1 Key Findings for Asia Pacific Cardiac Marker Testing Market, 2025
5.2 Asia Pacific Cardiac Marker Testing Market Size Outlook by Type, 2021- 2030
5.3 Asia Pacific Cardiac Marker Testing Market Size Outlook by Application, 2021- 2030
5.4 Key Findings for Europe Cardiac Marker Testing Market, 2025
5.5 Europe Cardiac Marker Testing Market Size Outlook by Type, 2021- 2030
5.6 Europe Cardiac Marker Testing Market Size Outlook by Application, 2021- 2030
5.7 Key Findings for North America Cardiac Marker Testing Market, 2025
5.8 North America Cardiac Marker Testing Market Size Outlook by Type, 2021- 2030
5.9 North America Cardiac Marker Testing Market Size Outlook by Application, 2021- 2030
5.10 Key Findings for South America Cardiac Marker Testing Market, 2025
5.11 South America Pacific Cardiac Marker Testing Market Size Outlook by Type, 2021- 2030
5.12 South America Cardiac Marker Testing Market Size Outlook by Application, 2021- 2030
5.13 Key Findings for Middle East and Africa Cardiac Marker Testing Market, 2025
5.14 Middle East Africa Cardiac Marker Testing Market Size Outlook by Type, 2021- 2030
5.15 Middle East Africa Cardiac Marker Testing Market Size Outlook by Application, 2021- 2030

6. COUNTRY-WISE MARKET SIZE OUTLOOK TO 2030

6.1 US Cardiac Marker Testing Market Size Outlook and Revenue Growth Forecasts
6.2 US Cardiac Marker Testing Industry Drivers and Opportunities
6.3 Canada Market Size Outlook and Revenue Growth Forecasts
6.4 Canada Cardiac Marker Testing Industry Drivers and Opportunities
6.6 Mexico Market Size Outlook and Revenue Growth Forecasts
6.6 Mexico Cardiac Marker Testing Industry Drivers and Opportunities
6.7 Germany Market Size Outlook and Revenue Growth Forecasts
6.8 Germany Cardiac Marker Testing Industry Drivers and Opportunities
6.9 France Market Size Outlook and Revenue Growth Forecasts
6.10 France Cardiac Marker Testing Industry Drivers and Opportunities
6.11 UK Market Size Outlook and Revenue Growth Forecasts
6.12 UK Cardiac Marker Testing Industry Drivers and Opportunities
6.13 Spain Market Size Outlook and Revenue Growth Forecasts
6.14 Spain Cardiac Marker Testing Industry Drivers and Opportunities
6.16 Italy Market Size Outlook and Revenue Growth Forecasts
6.16 Italy Cardiac Marker Testing Industry Drivers and Opportunities
6.17 Rest of Europe Market Size Outlook and Revenue Growth Forecasts
6.18 Rest of Europe Cardiac Marker Testing Industry Drivers and Opportunities
6.19 China Market Size Outlook and Revenue Growth Forecasts
6.20 China Cardiac Marker Testing Industry Drivers and Opportunities
6.21 India Market Size Outlook and Revenue Growth Forecasts
6.22 India Cardiac Marker Testing Industry Drivers and Opportunities
6.23 Japan Market Size Outlook and Revenue Growth Forecasts
6.24 Japan Cardiac Marker Testing Industry Drivers and Opportunities
6.26 South Korea Market Size Outlook and Revenue Growth Forecasts
6.26 South Korea Cardiac Marker Testing Industry Drivers and Opportunities
6.27 Australia Market Size Outlook and Revenue Growth Forecasts
6.28 Australia Cardiac Marker Testing Industry Drivers and Opportunities
6.29 South East Asia Market Size Outlook and Revenue Growth Forecasts
6.30 South East Asia Cardiac Marker Testing Industry Drivers and Opportunities
6.31 Rest of Asia Pacific Market Size Outlook and Revenue Growth Forecasts
6.32 Rest of Asia Pacific Cardiac Marker Testing Industry Drivers and Opportunities
6.33 Brazil Market Size Outlook and Revenue Growth Forecasts
6.34 Brazil Cardiac Marker Testing Industry Drivers and Opportunities
6.36 Argentina Market Size Outlook and Revenue Growth Forecasts
6.36 Argentina Cardiac Marker Testing Industry Drivers and Opportunities
6.37 Rest of South America Market Size Outlook and Revenue Growth Forecasts
6.38 Rest of South America Cardiac Marker Testing Industry Drivers and Opportunities
6.39 Middle East Market Size Outlook and Revenue Growth Forecasts
6.40 Middle East Cardiac Marker Testing Industry Drivers and Opportunities
6.41 Africa Market Size Outlook and Revenue Growth Forecasts
6.42 Africa Cardiac Marker Testing Industry Drivers and Opportunities

7. CARDIAC MARKER TESTING MARKET OUTLOOK ACROSS SCENARIOS

7.1 Low Growth Case
7.2 Reference Growth Case
7.3 High Growth Case

8. CARDIAC MARKER TESTING COMPANY PROFILES

8.1 Profiles of Leading Cardiac Marker Testing Companies in the Market
8.2 Business Descriptions, SWOT Analysis, and Growth Strategies
8.3 Financial Performance and Key Metrics
Abbott Laboratories
Becton, Dickinson and Company
bioMйrieux SA
Bio-Rad Laboratories Inc
Danaher Corp
DiaSorin
F. Hoffmann-La Roche AG
LSI Medience Corp
PerkinElmer Inc
Quidel Corp
Siemens Healthineers AG
Thermo Fisher Scientific Inc
Tosoh Corp.

9. APPENDIX

9.1 Scope of the Report
9.2 Research Methodology and Data Sources
9.3 Glossary of Terms
9.4 Market Definitions
9.5 Contact Information


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