As per the latest report by IMARC Group, titled “Cardiac Biomarkers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the market size reached US$ 6.9 Billion in 2018. Cardiac biomarkers refer to endogenous substances including enzymes, hormones and proteins, which are released into the bloodstream when the heart muscles are damaged, or the organ is stressed. Also known as cardiac enzymes, these substances include myoglobin, troponin, creatine kinase and ischemia-modified albumin. The measurement of these markers aids in diagnosing conditions associated with insufficient blood flow to the heart. They evaluate the heart’s function and assist in the early diagnosis of certain diseases. They are also used in the risk stratification of patients with chest pain and cardiovascular diseases (CVDs), such as suspected acute coronary syndrome (ACS) or myocardial infarction (MI). Physicians now widely prefer cardiac biomarker measurements over cardiac imaging diagnosis as these procedures are relatively simpler, cost-effective, and offer highly accurate results.
Report Overview: https://www.imarcgroup.com/cardiac-biomarkers-market
Global Cardiac Biomarkers Market Trends:
Changing lifestyles, hectic schedules and shifting dietary patterns have resulted in the frequent occurrence of chronic diseases such as diabetes and CVDs. This, along with growing awareness among the majority of the population regarding the importance of early diagnosis of these chronic diseases, is driving the demand for cardiac biomarkers. Also, quicker results and easy availability of point of care (POC) cardiac testing kits are further providing a thrust to the market growth. Furthermore, manufacturers are continually engaging in research and development (R&D) activities to develop technologically advanced product variants such as multi-assay biomarkers. Other factors creating a positive outlook for the market include rapid urbanization, rising disposable income, and favorable government initiative for making quality healthcare services accessible to all. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 11.6 Billion by 2024, growing at a CAGR of around 9% during 2019-2024.
Request For Free Sample Pdf Copy @ https://www.imarcgroup.com/cardiac-biomarkers-market/requestsample
Market Summary:
- On the basis of the type, the market has been divided into troponins (T and I), myocardial muscle creatine kinase (CK-MB), myoglobin, brain natriuretic peptide (BNPs) or NT-proBNP, ischemia modified albumin (IMA) and others.
- Based on the location of testing, the market has been bifurcated into laboratory testing and point of care testing, wherein laboratory testing exhibits a clear dominance in the market.
- On the basis of the application, the market has been categorized into myocardial infarction, congestive heart failure, acute coronary syndrome, atherosclerosis and others. Amongst these, myocardial infarction accounts for the majority of the total market share.
- On the geographical front, North America holds the leading position in the market. Other major regions include Asia Pacific, Europe, Middle East and Africa, and Latin America.
- The competitive landscape of the market has also been analyzed, with some of the key players operating in the market being Abbott Laboratories, Alere Inc., Beckman Coulter, Becton, Dickinson And Co., Biomerieux, Bio-Rad Laboratories, Randox Laboratories, Roche Diagnostics Corporation, Siemens Healthcare and Thermo Fisher Scientific.
Browse related reports
Metal Casting Market Research Report and Forecast: https://www.imarcgroup.com/metal-casting-market
Laparotomy Sponges Market Research Report and Forecast: https://www.imarcgroup.com/laparotomy-sponges-market
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Media Contact
Company Name: IMARC Group
Contact Person: Richard Lewis
Email: Send Email
Phone: 6317911145
Address:309 2nd St
City: Brooklyn
State: New York
Country: United States
Website: www.imarcgroup.com