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Cardiovascular disease stands as a formidable global health challenge, claiming the title of the leading cause of death for both men and women. The American College of Cardiology reports that approximately every 40 seconds, an American experiences a myocardial infarction, underscoring the frequent occurrence and urgent nature of cardiovascular events. In 2017 alone, emergency medical services recorded an estimated 356,461 out-of-hospital cardiac arrests in the United States, with treatment initiated in 52% of cases.
The landscape of health concerns is further complicated by the escalating prevalence of lifestyle-related diseases, including diabetes and hypertension. The World Health Organization (WHO) estimates that a staggering 1.13 billion people globally suffer from hypertension, emphasizing the widespread impact of these conditions on public health. Moreover, the increasing population of critically ill geriatric individuals necessitates periodic monitoring, ensuring that their health status is communicated effectively to both healthcare professionals and their loved ones.
In response to the growing prevalence of cardiovascular and lifestyle diseases, there is an escalating demand for effective systems capable of closely monitoring heart health. In this context, cardiac biomarkers have emerged as indispensable tools, contributing significantly to enhancing the quality of life for patients, conducting detailed clinical inspections of cardiovascular health, and extending longevity post-cardiac surgery. These biomarkers provide measurable parameters through various technologies, including pressure transducing devices, electrical and photometric devices, and both invasive and non-invasive techniques. Intravascular catheters play a pivotal role in cases where a patient's cardiovascular health requires thorough assessment.
The advantages of cardiac biomarkers extend beyond their diagnostic capabilities, playing a crucial role in treating cardiovascular diseases and other lifestyle-related conditions. By offering measurable parameters, these biomarkers enable healthcare professionals to tailor treatment plans based on real-time data, contributing to more precise and personalized patient care. This individualized approach not only improves treatment outcomes but also enhances the overall quality of healthcare delivery.
The increasing prevalence of cardiovascular diseases and lifestyle-related ailments demands a shift toward proactive monitoring and preventive measures. Cardiac biomarkers serve as vital indicators, enabling healthcare providers to detect potential issues early, intervene promptly, and optimize patient outcomes. This proactive approach aligns with the broader trend in healthcare, emphasizing preventive strategies and patient-centric care.
As technology continues to advance, the integration of cardiac biomarkers into healthcare systems becomes increasingly seamless. Ongoing innovation in monitoring devices, diagnostic tools, and data analytics enhances the effectiveness of cardiac biomarkers in clinical practice. The evolving landscape of healthcare, marked by a focus on precision medicine and digital health solutions, further propels the growth of the cardiac biomarkers market.
In conclusion, the rising prevalence of cardiovascular diseases, coupled with the surge in lifestyle-related ailments, highlights the critical role of cardiac biomarkers in modern healthcare. These biomarkers not only provide valuable diagnostic information but also contribute to personalized treatment strategies, ultimately improving patient outcomes and enhancing the quality of life. The continuous advancements in technology and healthcare delivery systems are likely to reinforce the significance of cardiac biomarkers, positioning them as indispensable components in the comprehensive management of cardiovascular health.
Covered Aspects:
| Report Attribute/Metric | Details |
|---|---|
| Market Opportunities | Increase in demand for disease-specific treatment & research |
| Market Dynamics | Increasing prevalence of cardiovascular and lifestyle-related diseases |
Cardiac Biomarkers Market Highlights:
Global Cardiac Biomarkers Market Overview
Cardiac Biomarkers Market Size was valued at USD 4.78 Billion in 2023. The cardiac biomarkers market industry is projected to grow from USD 5.44 Billion in 2024 to USD 13.55 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 12.07% during the forecast period (2024 - 2032). Major market drivers anticipated to drive the market in the upcoming years include an increase in the senior population and an increase in the number of patients experiencing heart attacks and chest pain as a result of changes in lifestyle.
Source Secondary Research, Primary Research, MRFR Database and Analyst Review
Due to technological developments in cardiac biomarkers, rising requests for point-of-care (POC) cardiac testing kits, elevated incidence of acute coronary syndrome, and elevated specificity in the identification of cardiac diseases, particularly myocardial infarction, cardiac biomarkers are on the rise. Various combination procedures that identify the presence of biomarkers are also included in cardiac test kits, making it easier to diagnose heart problems. These endogenous chemicals, such as hormones, enzymes, and proteins, are released into the blood during cardiovascular situations and serve as biomarkers for abnormalities in the heart's function. To identify and diagnose serious cardiac disorders like heart attacks, myocardial infarction, acute coronary syndrome, and other critical cardiac conditions, healthcare practitioners are now concentrating on recognizing these specific markers.
Market participants have created a variety of tests to detect the presence of these biomarkers precisely and quickly, which have proved crucial in the early detection of cardiovascular problems. These kits are in higher demand since they enable speedy diagnosis and prompt results, which cut down on the time needed for diagnosis and speed up the healing process. Additionally, they aid in identifying risk factors before bad cardiac events happen and diagnose chest pain. Cardiovascular illnesses constitute the main cause of mortality or morbidity in the United States. Since they help understand cardiovascular disorders' pathophysiology better, businesses are currently concentrating on identifying cardiac biomarkers. The decrease in heart attack mortality is anticipated to hurt the adoption of products. The market is expected to grow due to ongoing studies on cardiovascular therapies and the introduction of quick and new biomarker testing. Major market players are investing in the study and development of novel biomarkers for evaluating, prognosis, and forecasting cardiovascular disorders.
The cardiac biomarker NTProBNP, developed by Pathkind Labs and Roche Diagnostics, is about to be made available for use in the treatment of Type 2 Diabetes (T2DM) and the detection of heart failure in patients. This declaration is made considering the urgent need for action caused by the rising incidence of heart failure amongst T2D patients in India. One hundred seven million adults worldwide have been diagnosed with T2DM. According to the Trivandrum Heart-Failure Registry, T2DM was found in 55% of these hospitalized patients, making it a common comorbidity. Additionally, these studies predicted an expected 18% increase in the annual incidence of coronary artery disease in India.
Cardiac Biomarkers Market Trends
- Growing burden of cardiovascular diseases (CVDs)is driving the market growth
ly, the burden of cardiovascular diseases (CVDs) is increasing as a result of a number of causes, including smoking, diabetes, obesity, and alterations in lifestyle. The National Centre for Health Statistics estimates that 1 in 4 deaths in the United States occur as a result of coronary artery disease (CAD). The Centers for Disease Control and Prevention estimate that there are roughly 1.5 million myocardial infarction cases reported each year in the US. Additionally, 103,000 people in the UK get myocardial infarction annually, according to Patient Platform Limited. During the projection period, it is expected that one of the key factors influencing market CAGR will be the rising prevalence of cardiovascular illnesses. Additionally, the coronavirus disease of 2019 (COVID-19) has been reported in more than 129 countries worldwide, according to the present situation for the year 2020. The impact of COVID-19 on patients with cardiovascular disease is significant, and those who contract the virus are likely to develop heart failure, acute coronary syndrome, and other cardiovascular diseases. Although COVID-19 impacts the respiratory system and other related organs, it has a significant impact on cardiovascular problems, according to an article released by NCBI in March 2020. Furthermore, 16.4% of 1,527 patients with COVID-19 in various studies from China reported co-morbid disorders. 9.7%, 16.4%, and 17.1% of the patients out of this group, respectively, reported having diabetes, cardiovascular disease, and hypertension. These are a few of the elements that are projected to encourage the use of biomarker testing ly, fueling market expansion.
It is predicted that the market would increase due to vigorous research and development on cardiovascular therapies and the advent of quick and new biomarker testing. For the diagnosis, prognosis, and predictive analysis of cardiovascular illnesses, major market participants are investing in the research and development of new biomarkers. Siemens' high-sensitivity troponin I tests (TnIH) to help with the early identification of myocardial infarctions were approved by the U.S. Food and Drug Administration (FDA) in July 2019. During the projection period, it is predicted that the development of such innovative tests for the identification of these biomarkers would increase demand for these tests and, as a result, drive the market's growth rate.
The demand for quick and POC cardiac biomarkers testing is predicted to rise in part due to the rising prevalence of cardiovascular diseases. Rapid biomarker test kits are being developed by major market players, which is anticipated to fuel market expansion. Comparing the point-of-care test to customary laboratory-based diagnostics, the former offers clinical advantages such as faster diagnosis. For instance, F. Hoffmann-La Roche AG gained FDA approval in March 2017 to use the Elecsys Troponin T (TnT) Gen 5 Stat blood test to diagnose myocardial infarction. When compared to Roche's traditional TnT test, the test's 9-minute turnaround time reduces the time needed to diagnose cases by almost 3 hours. Rapid POC tests are increasingly being used in emerging and developed nations to find these kinds of biomarkers. Thus, driving the cardiac biomarkers market revenue.
Cardiac Biomarkers Market Segment Insights
Cardiac Biomarkers Type Insights
The cardiac biomarkers market segmentation, based on type includes Creatine Kinase (CK-MB), Troponins T and Imyoglobin, BNPs, IMA and Others. The troponins T and imyoglobin segment dominated the market. The troponins T and imyoglobin test is used, among other things, to diagnose myocardial infarction and acute coronary syndrome. One of the key factors predicted to drive the demand for the troponins T and imyoglobin test during the forecast period is the increased prevalence of myocardial infarction and acute coronary syndrome.
Cardiac Biomarkers Location of Testing Insights
The cardiac biomarkers market segmentation, based on location of testing, includes Point of Care and Laboratory Testing. The laboratory testing category generated the most income. This can be due to the benefits that laboratory testing provides, including its high sensitivity, specificity, scalability, and cost-effectiveness. Additionally, these labs make it easier to test any kind of sample. Clinical decision-making requires the use of diagnostic laboratory services.
Figure 1 Cardiac Biomarkers Market, by Location of Testing, 2022 & 2032 (USD Billion)
Source Secondary Research, Primary Research, MRFR Database and Analyst Review
Cardiac Biomarkers Application Insights
The cardiac biomarkers market segmentation, based on application, includes Myocardial Infarction, Congestive Heart Failure, Acute Coronary Syndrome and Atherosclerosis. The acute coronary syndrome category generated the most income as compared to high-income countries, the burden of sickness is fast increasing in low- and middle-income countries. The prevalence of the condition is being fueled by elements including quick urbanization and an increase in sedentary jobs. The main diagnostic techniques used to identify the condition now include cardiac troponin T and I biomarker assays.
Cardiac Biomarkers Regional Insights
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American cardiac biomarkers market area will dominate this market. This can be ascribed to the advanced healthcare system and the widespread use of cardiac biomarkers as a diagnostic and prognostic tool for diseases. The need for testing products is being driven by the growing elderly population's need for biomarker testing to diagnose diseases such acute myocardial infarction.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2 CARDIAC BIOMARKERS MARKET SHARE BY REGION 2022 (USD Billion)
Source Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe cardiac biomarkers market accounts for the second-largest market share because there are renowned research institutions and market players there. Additionally, the expansion of the industry can be attributed to an increase in the number of partnerships between regional universities and biomarker suppliers, government and industry R&D initiatives involving biomarkers, and the significant initiatives being made to raise awareness of the advantages of biomarkers. Further, the German cardiac biomarkers market held the largest market share, and the UK cardiac biomarkers market was the fastest growing market in the European region
The Asia-Pacific Cardiac biomarkers Market is expected to grow at the fastest CAGR from 2024 to 2032 due to improved affordability for sophisticated cardiac diagnostics, national modernization, and greater disposable income. Government funding for target disease and other research, as well as healthcare costs, have increased due to the rising incidence of cardiovascular diseases (CVDs) in this area. Moreover, China’s cardiac biomarkers market held the largest market share, and the Indian cardiac biomarkers market was the fastest growing market in the Asia-Pacific region.
Cardiac Biomarkers Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the cardiac biomarkers market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, cardiac biomarkers industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the cardiac biomarkers industry to benefit clients and increase the market sector. In recent years, the cardiac biomarkers industry has offered some of the most significant advantages to market. Major players in the cardiac biomarkers market attempting to increase market demand by investing in research and development operations include Novartis AG (Switzerland), Quidel Corporation (US), ACS Biomarker B.V (Netherlands), Randox Laboratories Ltd (UK), Trivitron Healthcare (India), F. Hoffman La Roche Ltd (Switzerland), Johnson & Johnson Services Inc. (US), Abbott Laboratories (US), Siemens (Germany) and Thermo Fisher Scientific Inc (US).
Siemens AG is a technological firm. Its operations span the disciplines of electrification, automation, and digitalization. The firm creates, develops, and manufactures items, as well as installs complicated systems and projects. It also offers a wide range of customized solutions for specific needs. Siemens is primarily concerned with power generation and distribution, as well as sophisticated infrastructure for buildings and distributed energy systems. In April 2021, the Atellica VTLi patient-side immunoassay analyzer from Siemens Healthineers provides high-sensitivity cardiac troponin I (hs-cTnI) testing findings in eight minutes using a fingerstick blood sample.
Quidel Corp develops, manufactures, and markets quick diagnostic testing systems for the detection and diagnosis of critical diseases and other medical disorders. Immunoassays, molecular assays, virology products such as traditional cell lines, media, specimen collecting equipment, and controls; and speciality goods such as metabolic bone indicators and enzyme linked immunosorbent assays (ELISA) and reagents are among its primary products. Physician offices, hospitals, universities, retail clinics, clinical and reference laboratories, urgent care clinics, pharmacies, and wellness screening facilities are all served by the company's goods.
Key Companies in the cardiac biomarkers market include
- Novartis AG (Switzerland)
- Quidel Corporation (US)
- ACS Biomarker B.V (Netherlands)
- Randox Laboratories Ltd (UK)
- Trivitron Healthcare (India)
- Hoffman La Roche Ltd (Switzerland)
- Johnson & Johnson Services Inc. (US)
- Abbott Laboratories (US)
- Siemens (Germany)
- Thermo Fisher Scientific Inc (US)
Cardiac Biomarkers Industry Developments
September 2022 "Heart Assure," a specific test that can gauge a person's risk of experiencing a cardiac episode, was introduced by SRL Diagnostics. A quick blood test called high-sensitivity troponin I can accurately forecast a cardiac damage by giving a heart health risk score.
June 2022 The Zeno SWATH DIA represents a significant advancement in biomarker discovery and translation workflows and was introduced by SCIEX, a company of Danaher Corporation and a world leader in life science analytical technology. According to a recent study, cardiac biomarkers in heart failure assessments may help identify patients whom older diseases would otherwise miss. In the ARIC trial, researchers discovered that adding cardiac biomarkers to HF assessments may help identify patients whom more traditional illness classifications would have otherwise missed. The inclusion of elevated cardiac troponin or natriuretic peptide reclassified one in five asymptomatic elderly participants from Stage A to Stage B in the research.
Cardiac Biomarkers Market Segmentation
Cardiac Biomarkers Type Outlook (USD Billion, 2018-2032)
- Creatine Kinase (CK-MB)
- Troponins T and I
- Myoglobin
- BNPs
- IMA
- Others
Cardiac Biomarkers Location of Testing Outlook (USD Billion, 2018-2032)
- Point of Care
- Laboratory Testing
Cardiac Biomarkers Application Outlook (USD Billion, 2018-2032)
- Myocardial Infarction
- Congestive Heart Failure
- Acute Coronary Syndrome
- Atherosclerosis
Cardiac Biomarkers Regional Outlook (USD Billion, 2018-2032)
- North America
- US
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Australia
- Rest of Asia-Pacific
- Rest of the World
- Middle East
- Africa
- Latin America
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