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Cardiac Marker Testing Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

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Cardiac markers are substances released into the blood when the heart is stressed or damaged. These markers include hormones, enzymes, and proteins. Measuring these biomarkers help to diagnose various heart syndromes such as acute coronary syndrome, cardiac ischemia, and conditions associated with obstructed blood flow to the heart. Generally, multiple cardiac marker tests are done by physicians over several hours to keep track of the blood level rise and to understand the severity of a heart attack. 

Various factors such as increasing funds by various organizations to stimulate research & clinical trials in biomarker testing and rising geriatric population are driving the cardiac markers testing market. However, problems regarding reimbursement and regulatory system, and sample collection and storage are restraining the cardiac markers testing market. Determining cardiac marker levels in the laboratory takes substantial time. Hence, cardiac markers are not useful in diagnosing a myocardial infarction in the acute phase. This in turn restrains the cardiac markers testing market. 

In terms of product type, the global cardiac markers testing market has been segmented into creatine kinase (CK), lactate dehydrogenase, AST, troponin, myoglobin, C-reactive proteins, natriuretic peptides, and others. The creatine kinase segment is sub-segmented into M & B subunits: CK-MM, CK-MB, and CK-BB. The troponin cardiac biomarkers segment held the largest share of the global cardiac markers testing market in 2015 and is anticipated to dominate the market during the forecast period. This is attributed to its efficiency and accuracy in test results to diagnose cardiovascular disorders. Based on application, the global cardiac markers market is divided into markers utilized for myocardial infarction, acute coronary syndrome (ACS), cardiac heart failure, and others. ACS is estimated to be the fasting growing segment driven by increasing prevalence of the disorder. Myocardial infarction is projected to be the second fastest growing segment, attributed to increasing rate of sedentary lifestyle among individuals, alcohol consumption, smoking, and unhealthy food habits, leading to obesity. In terms of end-user, the global cardiac markers testing market has been segmented into point-of-care testing and laboratory testing. The laboratory testing segment held the largest share of the global cardiac markers testing market in 2015, while the point-of-care testing segment is anticipated to gain comparatively larger market share during the forecast period. This is attributed to easy-to-use kits, availability of the technique in ambulances in some countries in Europe, and affordability for patients as the point-of-care diagnostic tool reduces expenditure on hospitals, thereby increasing the adoption rate of new diagnostic tools.

Geographically, the global cardiac markers testing market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global cardiac markers testing market due to high incidence of cardiovascular disorders, increasing geriatric population, and growing popularity of point-of-care testing. Asia Pacific is projected to be the fastest growing market during the forecast period, as emerging markets in the region are attracting companies engaged in the development of cardiac biomarkers. Factors such as large population, rising prevalence of CHD, and initiatives taken to spread awareness about cardiac disease diagnosis at an early stage are driving the cardiac markers testing market.

Major players in the global cardiac markers testing market are Siemens Healthineers, Bio-Rad Laboratories, Inc., Becton, Dickinson and Company, Roche Diagnostics, Abbott Laboratories, LSI Medience Corporation, Randox Laboratories Ltd., Avantra Biosciences, Helomics Corporation, and Enzo Biochem.

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  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
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The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

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  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
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  • Emerging niche segments and regional markets
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