PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1635079
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1635079
The global cardiac biomarkers market is projected to grow from an estimated $20.8 billion in 2024 to $44.6 billion by 2030, reflecting a compound annual growth rate (CAGR) of 13.4% during the forecast period. This growth is driven by the increasing incidence of acute coronary syndromes (ACS), technological advancements in cardiac biomarkers, and a growing demand for point-of-care testing kits. The aging population and rising prevalence of cardiovascular diseases (CVDs) further contribute to the market expansion.
Key Insights
Troponins are the largest segment in the cardiac biomarkers market, owing to their high specificity and sensitivity in diagnosing myocardial infarction. The development of high-sensitivity troponin assays has enhanced early detection capabilities, improving patient outcomes.
The myocardial infarction category holds the largest share in the application segment, driven by the critical need for rapid and accurate diagnosis to initiate timely treatment. Cardiac biomarkers play a pivotal role in confirming myocardial infarction, guiding therapeutic decisions.
Laboratory testing remains the predominant location for cardiac biomarker analysis due to its comprehensive capabilities. However, point-of-care testing is experiencing significant growth, offering rapid results and facilitating immediate clinical decisions, especially in emergency settings.
North America holds the largest market share, attributed to advanced healthcare infrastructure and high awareness levels. Meanwhile, the Asia-Pacific region is expected to witness the fastest growth during the forecast period, driven by increasing healthcare investments and a rising burden of CVDs.
The integration of artificial intelligence (AI) and machine learning (ML) with diagnostic platforms is enhancing the identification and analysis of cardiac biomarkers. These technologies facilitate personalized therapeutic approaches and improve diagnostic accuracy.
The market is characterized by significant investments in research and development, leading to product innovations. Key players are focusing on developing novel biomarkers and enhancing the sensitivity and specificity of existing assays to maintain a competitive edge.