Cardiac Marker Market Insights 2025-2034: Growth Dynamics, Trends, and Strategic Opportunities
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How has the cardiac marker market grown in recent years?
The size of the cardiac marker market has seen a significant increase recently. It is projected to expand from $11.26 billion in 2024 to $12.47 billion in 2025, reflecting a compound annual growth rate (CAGR) of 10.8%. The growth observed in the past period can be associated with factors such as the rise in cardiovascular diseases, an aging demographic with cardiovascular risks, the impact of health awareness programs and screenings, the introduction of biomarkers in clinical practices, as well as strict regulatory standards and rules.
How is the cardiac marker market size expected to evolve during the forecast period?
In the coming years, the cardiac marker market is projected to experience explosive growth. It is forecasted to reach a valuation of “$20.35 billion by 2029, growing at a compound annual growth rate (CAGR) of 13.0%. The various contributing factors to this predicted growth can be credited to the increasing prevalence of lifestyle-related illnesses, the emergence of remote monitoring and telemedicine, strategies for personalized healthcare and precision diagnostics, the uptake of point-of-care testing (poct), and cooperations and collaborations within the healthcare sector. Key trends to watch during this forecast period will be the discovery and validation of biomarkers, personalized medical methodologies, technological enhancements in assay platforms, inclusion of high-sensitivity troponin tests, and a rise in the frequency of cardiovascular diseases.
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Which key drivers are propelling the cardiac marker market’s growth?
The cardiac marker market is anticipated to expand as a result of the increasing rate of heart diseases. Cardiac diseases, which can disrupt the normal operation or structure of the heart resulting in various health issues, are making the need for cardiac markers more and more crucial. These markers help in the detection and monitoring of a variety of heart conditions like heart attacks, angina, heart failure, and other cardiovascular diseases. As such, there’s a growing demand for these diagnostic tests. For example, the British Heart Foundation, a cardiovascular research charity based in the UK, reported that from the beginning of the pandemic until August 2022, England saw a surge in coronary heart disease deaths by 30,000. By the end of August 2022, a whopping 346,000 individuals were on the cardiac waiting list. Consequently, the escalating incidence of heart diseases is expected to drive the growth of the cardiac marker market.
What are the market segments in the cardiac marker industry?
The cardiac marker market covered in this report is segmented –
1) By Biomarker: Troponin, Creatine Kinase-MB (CK-MB), B-type Natriuretic Peptide (BNP), Myoglobin, Other Biomarkers
2) By Product: Reagent, Instrument, Chemiluminescence, Immunofluorescence, Immunochromatography, ELISA
3) By Indication: Myocardial Infarction, Congestive Heart Failure, Acute Coronary Syndrome, Other Indications
4) By End User: Laboratory Testing Facilities, Hospital Labs, Reference Labs, Contract Testing Labs, Point-Of-Care Testing Facilities, Academic Institutions
Subsegments:
1) By Troponin: Troponin I, Troponin T, Troponin Diagnostic Kits
2) By Creatine Kinase-MB (CK-MB): CK-MB Test Kits, CK-MB Diagnostic Panels
3) By B-Type Natriuretic Peptide (BNP): BNP Test Kits, NT-ProBNP Test Kits, BNP Diagnostic Panels
4) By Myoglobin: Myoglobin Test Kits, Myoglobin Diagnostic Panels
5) By Other Biomarkers: Ischemia Modified Albumin (IMA), Heart Fatty Acid Binding Protein (HFABP), C-Reactive Protein (CRP)
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Which leading companies are shaping the growth of the cardiac marker market?
Major companies operating in the cardiac marker market include Abbott Laboratories Inc., Siemens AG, Danaher Corporation, BioMérieux SA, F. Hoffmann-La Roche AG, Beckman Coulter Inc., Bio-Rad Laboratories Inc., Thermo Fisher Scientific Inc., Guangzhou Wondifo Biotech Co. Ltd., Creative Diagnostics, PerkinElmer Inc., Tosoh Corporation, Quidel Corporation, Randox Laboratories Ltd., Getinge Group, LSI Medience Corporation, Ortho Clinical Diagnostics, DiaSorin, 3M Company, Atom Medical Corporation, Bionet America Inc., Bistos Inc., CareFusion Corporation, Clinical Innovations LLC, Abcam plc, General Electric Company
What key trends are currently impacting the cardiac marker market’s development?
The cardiac marker market is observing a surge in product innovation, a trend that is becoming increasingly popular. Key players in the market are focusing on introducing novel solutions to reinforce their market status. For instance, MiRxes, a biotechnology company based in Singapore, confirmed a diagnostic test based on microRNA in September 2022 for the early detection and diagnosis of diseases. Once it is made commercial, the test will supplement MiRxes’ suite of blood cancer tests, providing a comprehensive choice of early detection methods meant to alleviate the escalating clinical and socioeconomic impact of serious diseases, such as cancer and heart-lung disorders.
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Which geographic areas are influencing the growth of the cardiac marker market?
North America was the largest region in the cardiac marker market in 2024. The regions covered in the cardiac marker market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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