Cardiac Biomarkers Market Size, Share, Trends, Growth, and Outlook 2024-2031

Cardiac Biomarkers Market Outlook

The global cardiac biomarkers market size was valued at USD 13.15 billion in 2019 and is projected to reach USD 48.26 billion by 2031, exhibiting a CAGR of 11.9% during the forecast period.

The Cardiac Biomarkers Market report delivers a comprehensive analysis of market shares, size, recent trends, future market outlook, and competitive landscape. The increasing incidence of cardiovascular diseases and the need for early diagnosis are driving the demand for cardiac biomarkers. Significant growth is observed in the Asia-Pacific region, contributing to the market's expansion.

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Cardiac Biomarkers Market Dynamics

The increasing prevalence of cardiovascular diseases and the aging population are key drivers of the global cardiac biomarkers market growth. The rising incidence of cardiovascular conditions is expected to boost market expansion during the forecast period. In 2020, the British Heart Foundation reported over 168,319 deaths due to cardiovascular diseases. The global geriatric population is increasing rapidly, and modern lifestyle choices are contributing to the higher incidence of cardiovascular cases.

According to World Health Organization data, in 2020, more than 1 billion people will be aged 60 and above, with projections indicating this number will rise to 2.1 billion by 2050. Additionally, tobacco consumption results in approximately 8 million deaths annually, with about 7 million from direct use and around 1.2 million due to secondhand smoke exposure.

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Segmentations

By Cardiac :Biomarker Tests Troponin, Creatine kinase, Myoglobin, Galectin-3, Other Biomarker Tests

By Application: Myocardial Infarction, Congestive Heart Failure, Acute Coronary Syndrome, Angina, others

By Testing : Location Laboratory Testing, Point of Care Testing

Key players are:

Abbott Laboratories
Beckman Coulter
Roche Diagnostics Corporation
Becton Dickinson and Co.
Bio-Rad Laboratories
BioMerieux
Siemens Healthcare
LumiraDx
Randox Laboratories
Thermo Fisher Scientific

Related reports:

Cancer Biomarkers reports:

https://www.datamintelligence.com/research-report/cancer-biomarkers-market

Renal Biomarkers Report:

https://www.datamintelligence.com/research-report/renal-biomarkers-market

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