Congestive Heart Diseases Marker Tests Market Projected To Grow With Significant CAGR Over The Forec
Posted: May 28, 2018
Congestive Heart Diseases Marker Tests Market Projected To Grow With Significant CAGR Over The Forecast Period
Congestive heart disease is a type of cardiovascular diseases. Congestive heart disease marker tests are diagnostic tests to measure the concentration of the protein to identify the occurrence and disease phase. Cardiac biomarkers evaluate the cardiac function and help in identifying the severity and complexity of procedures to treat CVD. The most commonly used cardiac biomarkers for diagnosis of CVD include troponin I and T, CK-MB, BNPs, myoglobin, and IMA, among others.
Increase in geriatric population, rise in funding from private-public organizations for cardiac biomarkers research, and ongoing research and clinical trials for identification of the newer cardiac biomarkers are the key factors that will boost the congestive heart disease marker tests market. However, technical problems such as sample collection and storage, stringent regulatory guidelines, lack of reimbursement systems can hamper the market growth of cardiac marker tests market.
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The congestive heart disease marker tests market is categorized as under-
1. Product type
2. Test type
- Myocardial muscle Creatine Kinase (CK-MB)
- Troponins (T and I)
- Ischemia Modified Albumin (IMA)
- NT-proBNP or Brain Natriuretic Peptide (BNP) or
- Myocardial Infarction
- Acute Coronary Syndrome
- Congestive Heart Failure
Hospitals, Clinics and diagnostic Centers.
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And lastly, on the basis of geographical regions division, the congestive heart disease marker tests market has five major regions- North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America is the major contributor owing to increasing numbers of congestive heart failures, aging population, increase in inclination toward point-of-care testing, and elevated frequency of cardiovascular disorders are the key factors leading the growth of the congestive heart disease marker tests market. Following the footsteps is Europe region, which holds a major share in global congestive heart disease marker tests market attributed to increase in the numbers of congestive heart failure, increased R & D activities, etc. The Asia-Pacific is expected to exhibit significant growth due to increase in prevalence of Myocardial Infarction, public–private initiatives to increase the awareness related to early cardiac disease diagnosis in physicians and patients.
Some of the key players in congestive heart disease marker test market are F. Hoffmann-La Roche (Switzerland), Siemens AG (Germany), Abbott Laboratories (U.S.), Danaher Corporation (U.S.), Nanogen, Inc. (U.S.), bioMérieux SA (France), Alere, Inc. (U.S.), LSI Medience Corporation (Mitsubishi Chemical Holdings Corporation, Japan), Randox Laboratories Ltd (U.K.), Ortho Clinical Diagnostics (The Carlyle Group) (U.S.),and Guangzhou Wondfo Biotech Co. Ltd. (China) to name a few. The National Institute for Health and Care Excellence, in 2016, developed a Medtech Innovation Briefing (MIB) on the Alere Afinion CRP for C-reactive protein testing in primary care.
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Launch of new products, technological advancements, acquisitions and mergers, and collaborations are some key strategies followed by various industry players to increase their share in the congestive heart disease marker test market.
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