The global cardiac marker market is anticipated to grow at a considerable CAGR of 8.9% during the forecast period (2024-2031). Major market driver for the cardiac marker is pharmaceutical companies are providing funds for the development of novel biomarkers. Market players are working as a joint venture for better advancement in cardiovascular disease and its treatment. Pharmaceutical companies are working to provide better tests and medicine options for the treatment in the field of cardiology. For instance, in June 2021, Bayer and Cadila healthcare announced that they will work together to provide services in core therapies like cardiovascular disease, oncology, etc. Drugs that are used for the treatment of depression, blood pressure, diabetes are posing a reverse effect on the human body. These drugs affect other human organs with time and their prolonged consumption is causing threat to the body. India and China are going to be major driver markets as these are proving hubs for companies that are engaged in the development and marketing of products related to cardiac markers. People in South Asia are less educated in terms of the program which are run for obesity and weight loss.
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In addition, market players and pharmaceutical companies are working on medicines that are helpful in treating deficiency in patients who have had a cardiac arrest and heart failure. For instance, in August 2021, Vifor pharmaceuticals drug namely Ferinject and Veltassa have been granted recommendation by the European society of cardiology on the management of iron deficiency with companies drug Ferinject. These guidelines are acute and chronic heart failure.
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Market Coverage
- Segment Covered-
o By Type
o By Application
o By Testing
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- Roche Diagnostics Ltd., Abbott Laboratories, Siemens Healthineers AG, Danaher Corp., Bio Merieux SA, and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impact the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Cardiac Marker Market Report Segment
By Type
- Creatine Kinase
- Troponins
- Myoglobin
- Ischemia Modified albumin
- others
By Application
- Myocardial Infarction
- Congestive Heart failure
- Acute coronary syndrome
- Atherosclerosis
- Others
By Location of testing
- Laboratory testing
- Point of care testing
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