Unprecedented Growth Projected in Cardiac Biomarkers Testing Market as it Hits $15.09 Billion by 2025 fueled by Rising Cardiovascular Diseases and Technological advancements
What Will
be the Forecasted Market Size and Growth Rates for The Global Cardiac
Biomarkers Testing Market?
The cardiac biomarkers testing market size has dramatically grown in recent
years. It is forecasted to amplify from $13.48 billion in 2024 to $15.09 billion
in 2025 with a compound annual growth rate (CAGR) of 12.0%. The growth in the
historic period is largely due to the increasing incidence of cardiovascular
diseases, the aging population, awareness and education initiatives, and
government healthcare policies leading to massive healthcare expenditure. The
market size is slated to skyrocket to $23.75 billion in 2029 at a CAGR of
12.0%, driven by personalized medicine, burgeoning global rates of
cardiovascular diseases, artificial intelligence integration in diagnostics,
point-of-care testing expansion, early disease detection emphasis and
significant advancements in technology.
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How is
the Growth of Cardiovascular Diseases Driving the Cardiac Biomarkers Testing
Market?
Cardiovascular diseases' increasing prevalence is anticipated to catalyze the
growth of the cardiac biomarkers testing market. Heart or blood vessel
affecting diseases, known as cardiovascular diseases require cardiac biomarker
tests to immediately determine the heart attack's magnitude and severity. For
instance, as per the American College of Cardiology, the rates of
cardiovascular risk factors and disease are expected to significantly surge in
the US by the year 2060. This rise will directly lead to heightened demand for
cardiac biomarker testing solutions, thereby driving the market growth.
What are the Noteworthy Segments in the Global Cardiac Biomarkers Testing
Market?
The cardiac biomarkers testing market is segmented into:
1) By Biomarkers Type: Creatine Kinase (CK-MB), Troponins, Myoglobin,
Natriuretic Peptides (BNP And NT-proBNP), Ischemia Modified Albumin (IMA),
Other Biomarkers Types
2) By Application: Congestive Heart Failure, Acute Coronary Syndrome,
Myocardial Infarction, Atherosclerosis, Other Applications
3) By End-User: Hospitals, Specialty Clinics
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Who are the Key Companies Transforming the Cardiac Biomarkers Testing Market?
Major players in the cardiac biomarkers testing market encompass Abbott
Laboratories, Bio-Rad Laboratories Inc., Danaher Corporation, F. Hoffmann-La
Roche Ltd., Siemens Healthineers AG, Thermo Fisher Scientific Inc., Biomérieux
SA, Becton Dickinson and Company, Randox Laboratories Ltd., Enzo Biochem Inc.,
Creative Diagnostics Inc., Merck Co. & KGaA, Beckman Coulter Inc., QIAGEN
N.V., PerkinElmer Inc., Tosoh Corporation, Eurolyser Diagnostica GmbH, Cortez
Diagnostics Inc., DIALAB GmbH, CardioGenics Holdings Inc., Lepu Medical
Technology (Beijing) Co. Ltd., Biosynex SA, Charles River Laboratories, Quidel Corporation,
Life Diagnostics, Trinity Biotech plc, Guangzhou Wondfo Biotech Co. Ltd., Nova
Biomedical Corp., Ortho Clinical Diagnostics Inc., Sekisui Diagnostics Inc.,
Abcam plc, Bio-Techne Corporation.
What
Emerging Trends are Dominating the Cardiac Biomarkers Testing Market?
Companies in the cardiac biomarker testing market sphere are investing in
strategic partnerships to offer enhanced technology for early heart condition
detection and improved patient outcomes. These partnerships bolster collaboration,
facilitating innovative diagnostic development and extended market reach, and
expedite the availability of advanced testing solutions. For instance, the
India-based healthcare technology company MediBuddy teamed up with Philips in
September 2024 to strengthen cardiac care in India using Philips’ HeartPrint
technology, which enables regular heart health monitoring and risk assessment.
Such proactive improvements in patient outcomes through advanced tools are
expected to drive the market growth.
Which Regions are Leading the Global Cardiac Biomarkers Testing Market?
North America had the lion's share in the cardiac biomarkers testing market in
2024. Besides North America, the market report also covers other significant
regions including Asia-Pacific, Western Europe, Eastern Europe, South America,
Middle East, and Africa.
What Does The Cardiac Biomarkers Testing Market Report 2025 Offer?
The Cardiac Biomarkers Testing Market research report from The Business
Research Company presents the global market size, growth rate, regional shares,
competitor analysis, detailed segments, trends, and opportunities. Cardiac
biomarkers testing entails the evaluation of cardiac biomarker quantities in
the blood, which is crucial for diagnosing, assessing, and monitoring patients
who may have acute coronary syndrome (ACS).
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