PUBLISHER: Orion Market Research | PRODUCT CODE: 1858922
PUBLISHER: Orion Market Research | PRODUCT CODE: 1858922
Cardiac Biomarker Market Size, Share & Trends Analysis Report by Type (Troponins (I and T), Creatine Kinase-MB (CK-MB), Myoglobin, and Natriuretic Peptides (BNP and NT-proBNP), and Ischemia-modified Albumin (IMA)) by Application (Acute Coronary Syndrome (ACS), Myocardial Infarction (Heart Attack), Congestive Heart Failure (CHF), and Others) and by End-User (Laboratory Testing, and Point-of-Care Testing) Forecast Period (2025-2035)
Industry Overview
Cardiac biomarker market was valued at $4.8 billion in 2024 and is projected to reach $20.7 billion by 2035, growing at a CAGR of 14.3% during the forecast period (2025-2035). Cardiac biomarkers are enzymes, proteins, or hormones released in the bloodstream when the heart is damaged or stressed. A cardiac biomarker test is performed to diagnose acute coronary syndrome and cardiac ischemia by measuring the levels of cardiac biomarkers. The cardiac biomarkers include troponin (I and T), creatinine kinase (CK), CK-MB, and myoglobin. An increase in one or more of these biomarkers in the blood can identify potential heart damage in a patient. This allows for rapid and accurate diagnosis and suitable treatment for their condition. The increasing incidences of heart attacks increase the demand for testing cardiac biomarkers in patients suffering from chest pain and other symptoms. Cardiovascular disease is the leading cause of premature deaths globally, necessitating preventive care. The growing demand for point-of-care diagnostics also boost the market. Cardiac biomarker tests can also significantly reduce the total healthcare expenditure.
Market Dynamics
Growing Research and Development
The escalating global burden of CVDs and advancements in biotechnology and diagnostic tools have fueled intensive research and development (R&D) in this field, thereby preventing future cardiac biomarkers market growth opportunities. Several researchers are investigating the role of cardiac biomarkers in the early detection of heart diseases. Novel biomarkers such as microRNAs, genetic variants, metabolomics markers, etc., have been researched and could revolutionize CVD diagnosis and management. Also, well-proven markers are investigated for other pathophysiological pathways, including inflammation, oxidative stress, and fibrosis, that are pivotal in cardiovascular disease. Additionally, biomarkers are developed to eventually reduce the cost of testing of CVDs. Novel devices have been invented to detect cardiac biomarkers precisely and in less time. Hence, biomarkers are the most rapidly evolving field, resulting in novel findings for better treatment outcomes.
High Cost of Advanced Diagnostic Tests
The development and implementation of advanced cardiac biomarker tests often involve significant costs. These expenses can be a barrier, particularly in low-resource settings, limiting the accessibility of such tests to a broader patient population.
Regulatory Hurdles and Approval Processes
The approval process for new diagnostic biomarkers can be lengthy and complex, involving rigorous clinical trials and regulatory reviews. This can delay the introduction of innovative tests to the market, hindering timely access to new diagnostic options.
Limited Awareness in Emerging Markets
In many emerging economies, there is limited awareness and understanding of the importance of cardiac biomarkers in diagnosing heart diseases. This lack of awareness can result in underutilization of available diagnostic tests, affecting early detection and treatment outcomes.
Expansion of Point-of-Care Testing
The growing preference for point-of-care testing, which offers rapid results and convenience, presents significant opportunities for market expansion. Innovations in portable diagnostic devices and mobile health applications are facilitating the widespread adoption of point-of-care testing, particularly in remote and underserved areas.
Market Segmentation
Troponins (I and T) Largest Segment in the Global Cardiac Biomarker Market
Troponins (I and T) are the largest segment in the cardiac biomarkers market, holding a substantial market share. These biomarkers are critical in diagnosing acute myocardial infarction and assessing the severity of cardiac injury. Their high specificity and sensitivity make them indispensable in clinical settings, contributing to their dominance in the market.
Acute Coronary Syndrome (ACS): A Key Segment in Market Growth
Acute coronary syndrome (ACS) and myocardial infarction (MI) are leading applications in the cardiac biomarker market. In 2024, ACS accounted for 56% of the market share, while MI also held a significant portion. Cardiac troponins, particularly high-sensitivity assays, are pivotal in diagnosing these conditions, enabling rapid and accurate assessment in emergency settings. The increasing prevalence of heart attacks globally underscores the critical role of these biomarkers in timely diagnosis and treatment.
The global cardiac biomarker industry is further divided by region, including North America (the US and Canada), Europe (the UK, Germany, France, Italy, Spain, Russia, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, Australia and New Zealand, ASEAN Countries, and the Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America).
High Incidence of Cardiovascular Diseases (CVDs) in Asia-Pacific
The Asia-Pacific cardiac biomarker market is witnessing rapid growth due to the region's accelerated growth. China faces a significant burden of cardiovascular diseases, with over 330 million people affected, including 11.39 million with coronary heart disease and 8.9 million with heart failure. This high prevalence drives the demand for advanced diagnostic tools, including cardiac biomarkers, to manage and monitor these conditions effectively.
North America Maintains Strong Market Position
North America holds a significant share of the global cardiac biomarker market. The US accounts for the largest revenue share within North America, driven by factors such as a high incidence of heart-related conditions, an aging population, and a robust healthcare system that facilitates the widespread adoption of cardiac biomarker tests. The integration of these biomarkers into personalized medicine strategies further propels their demand, as they assist in identifying individuals at higher risk of adverse cardiac events and tailoring specific treatment plans. Furthermore, the presence of leading diagnostic companies and research institutions in North America contributes to the continuous development and availability of advanced cardiac biomarker tests. These entities play a crucial role in driving innovation and ensuring that the latest diagnostic tools are accessible to healthcare providers and patients alike.
The major companies operating in the global cardiac biomarker market include Abbott Laboratories, Danaher (Beckman Coulter), Roche Diagnostics, Thermo Fisher Scientific, Siemens Healthineers, among others. Market players are leveraging partnerships, collaborations, mergers, and acquisition strategies for business expansion and innovative product development to maintain their market positioning.
Recent Developments