Global Cardiac Marker Testing Market, By Type (Troponin I and T, CK-MB, Myoglobin, Brain Natriuretic Peptide, C-Reactive Protein, Other Biomarkers), Product (Instruments, Chemiluminescence, Immunofluorescence, ELISA, Immunochromatography, Reagents and Kits), Disease (Myocardial Infarction, Congestive Heart Failure), Type of Testing (Laboratory Testing, Point-of-care Testing) and Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)- Industry Trends and Forecast to 2025
The objective of Cardiac Marker Testing market is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the Cardiac Marker Testing report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in markets for stakeholders to invest along with the detailed Porter’s Five Forces analysis of competitive landscape and product offerings of key players.
The Global Cardiac Marker Testing Market is expected to reach USD 4.77 billion by 2025, from USD 2.48 billion in 2017 growing at a CAGR of 8.5% during the forecast period of 2018 to 2025.
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Key Developments in the Market:
- The investigation of cardiovascular biomarkers has turned into the principal line of indicative devices for AMI, empowering doctors in fast analysis and quick making arrangements for treatment, prompting diminished the death rate.
- In September 2018, LivaNova propelled an International Pivotal Study assessing utilization of autonomic control treatment for heart disappointment, demonstrating the company’s essence and commitment towards changing lives through the advancement and presentation of innovations, tending to the neglected needs in the worldwide restorative network.
- Research at the Baylor College of Medicine revealed that, using diagnostic nanochips and a swab of the cheek, cardiac biomarker readings from saliva along with the ECG readings can determine within minutes if someone is likely to have had a heart attack.
What are the key dynamic factors that are detailed in the report?
Key Market Dynamics:
The Global Cardiac Marker Testing Market research report details the latest industry trends, growth patterns, and research methodologies. The factors that directly contribute to the growth of the market include the production strategies and methodologies, development platforms, and the product model itself, wherein a small change would result in further changes in the overall report. All of these factors are explained in detail in the research study.
The Global Cardiac Marker Testing Market report consists the precisely studied and evaluated information of the key players and their market scope using several analytical tools, including SWOT analysis, Porter’s five forces analysis, investment return analysis, and feasibility study. These tools have been used to efficiently study the growth of the major industry participants.
The report offers detailed insights to users, service providers, suppliers, manufacturers, stockholders, and individuals who are interested in evaluating and self-studying this market.
The report also sheds light on some of the major factors, including R&D, new product launches, M&A, agreements, partnerships, joint ventures, collaborations, and growth of the key industry participants, on a regional and global basis.
The report provides a thorough analysis of some of the significant factors, which include cost, capacity, capacity utilization rate, production, revenue, production rate, consumption, import/export, supply/demand, gross, market share, CAGR, and gross margin. Besides, the report provides a comprehensive study of the key influencing factors and market inclinations, in addition to the relevant market segments and sub-segments.
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Major Business Entities Covered in this Report
Siemens, Danaher Corporation, bioMérieux, Ortho Clinical Diagnostics, Randox, Beckman Coulter, Quidel, Getinge, Medtronic, BD, Merck Group, LivaNova, Roche, Abcam, Inova Diagnostics, A Werfen Company, Abbott Diagnostics Business LSI, Bio-Rad Laboratories, LifeSign LLC, ZEUS Scientific ,ERBA Diagnostics, Inc., Medience Corporation, Guangzhou Wondfo Biotech Co., Ltd., MBL International Corporation, Merck KGaA, Darmstadt, Germany, HOB Biotech Group, Suzhou Lixinpharm Co.,Ltd, Human Diagnostics and others.
Major Key Points in TABLE OF CONTENTS
- MARKET SEGMENTATION
- Market Overview
- EXECUTIVE SUMMARY
- premium insights
- Global Cardiac Marker Testing Market, by Geography
- North America
- south America
- Middle East and Africa
- company profiles
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Based on type,
- Troponin I and T,
- Brain natriuretic peptide,
- C – Reactive protein, other biomarkers
The other biomarker segment is further segmented into
- Ischemia-modified albumin, and
Based on product, the market is segmented into
- immunochromatography and
- Reagents & kits
Based on disease, the market is segmented into
- Myocardial infarction and
- Congestive heart failure
Based on type of testing, the market is segmented into
- Laboratory testing and
- Point-of-care testing
- Asia Pacific (China, South Korea, Japan, India, Australia, Singapore, Thailand, Indonesia, Malaysia, Philippines, Rest of Asia-Pacific).
- North America (US, Canada, Mexico).
- Europe (Russia, Turkey, Belgium, Netherlands, Switzerland, Spain, France, Germany, Italy, UK, Rest of Europe.
- South America (Brazil, Argentina, Rest of South America).
- Middle East and Africa (South Africa, Egypt, Saudi Arabia, United Arab Emirates, Israel, Rest of Middle East and Africa).
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Market Drivers and Restraints
- Rapidly growing human population and their eagerness towards healthcare expenditure.
- The increasing cases of cardiovascular disease among the population.
- Increase in funding from private and government for R&D.
- Increasing Asia Pacific economy has quite a lot of opportunities.
- Stringent government norms and regulations for the use and approval of medical devices.
- Technical issues related to storage and collection of samples.
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