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Dublin, Jan. 28, 2021 (GLOBE NEWSWIRE) -- The "Global Cardiac Marker Testing Market by Product (Reagent, Instrument), Component (Troponin I & T, CK-MB, Myoglobin, BNP, hsCRP), Disease (Myocardial Infarction, Congestive Heart Failure, Atheresclerosis), End-user (Lab, PoC, Academia), and Region - Forecast to 2025" report has been added to ResearchAndMarkets.com's offering. The global cardiac marker testing market is projected to reach USD 5.5 billion by 2025 from USD 3.6 billion in 2020, at a CAGR of 8.9%.The growth in the cardiac marker testing market is majorly driven by the growing incidence of cardiovascular diseases, rapidly increasing geriatric population, growing funding from public and private organizations for research on cardiac biomarkers, and ongoing clinical trials for the identification of novel cardiac biomarkers. However, factors such as technical problems related to sample collection and storage and issues related to regulatory and reimbursement systems are expected to restrain market growth to a certain extent.The cardiac marker testing market is also faced a period of short-term negative growth, which can be attributed to factors such as a greater than 50% drop in the number of patients with cardiovascular conditions and those diagnosed with myocardial infarction. All areas of cardiology service provision sustained significant reductions, which included outpatient clinics, investigations, procedures, and cardiology community services such as cardiac rehabilitation.Wide use of reagents and kits in all basic diagnostic activities in laboratories, academic institutes, and POC settings is expected to result in the segment occupying the majority of the cardiac marker testing market shareGrowing number of cardiac marker testing procedures, accessibility to a wide range of cardiac biomarker reagents and kits, and the growing demand for reliable, specific, and faster detection of cardiovascular diseases at an early stage are the key growth factors for this segment.Troponin I and T estimated to be the fastest-growing marketTroponin I and T is estimated to be the fastest-growing segment in the cardiac marker testing market. The large share of this segment can be attributed high sensitivity and specificity, long elevation times, and rapid prediction of outcome or mortality.The Asia-Pacific market to grow at the highest CAGR during the forecast periodThe cardiac marker testing market is segmented into five major regions, namely, North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Asia-Pacific is estimated to be the fastest-growing market for cardiac marker testing during the forecast period. The Asia-Pacific market is driven due increased healthcare spending by a larger population base, healthcare infrastructure modernization, and the rising penetration of cutting-edge clinical laboratory technologies (especially in rural areas) in Asia-Pacific countries. Key Topics Covered: 1 Introduction2 Research Methodology3 Executive Summary4 Premium Insights4.1 Cardiac Marker Testing Market Overview4.2 Cardiac Marker Testing Market Share, by Product, 2020 Vs. 20254.3 Cardiac Marker Testing Market, by Region, 2020-20255 Market Overview5.1 Introduction5.2 Market Dynamics5.2.1 Drivers5.2.1.1 Growing Incidence of Cardiovascular Diseases5.2.1.2 Rapidly Increasing Geriatric Population and the Subsequent Increase in the Burden of Heart Diseases Worldwide5.2.1.3 Growing Funding from Public and Private Organizations for Research on Cardiac Biomarkers5.2.1.4 Ongoing Clinical Trials for the Identification of Novel Cardiac Biomarkers5.2.2 Restraints5.2.2.1 Technical Problems Related to Sample Collection and Storage5.2.2.2 Issues Related to Regulatory and Reimbursement Systems5.2.3 Opportunities5.2.3.1 Point-Of-Care Testing (POCT) with Cardiac Biomarkers5.2.3.2 Ongoing Research on Novel Cardiac Biomarkers for Cardiovascular Diseases5.2.3.3 Emerging Markets to Offer High-Growth Opportunities for Market Players5.3 COVID-19 Impact on the Cardiac Marker Testing Market5.4 Regulatory Analysis5.4.1 US5.4.2 Canada5.4.3 Europe5.4.4 Japan5.4.5 China5.4.6 India5.4.7 Russia5.4.8 Mexico5.4.9 Brazil5.4.10 South Korea5.5 Reimbursement Scenario5.6 Value Chain Analysis5.7 Ecosystem: Parent Industry (In Vitro Diagnostics)5.8 Se Cases: in Vitro Diagnostics Market5.8.1 Revenue Opportunities: IVD Assay Development Services5.8.2 Revenue Opportunities: IVD Contract Research Services6 Cardiac Marker Testing Market, by Product6.1 Introduction6.2 Reagents & Kits6.2.1 Increasing Number of Tests Performed to Drive the Market Growth6.3 Instruments6.3.1 Chemiluminescence6.3.1.1 Chemiluminescence is the Most Preferred Method for the Quantification of Cardiac Biomarkers6.3.2 Immunofluorescence6.3.2.1 Demand for Stable and Safer Reagents to Support Market Growth6.3.3 ELISA6.3.3.1 Ease of Use and Simplicity of the Method are the Key Advantages Associated with ELISA6.3.4 Immunochromatography6.3.4.1 Increasing Use in Point-Of-Care Settings to Fuel the Adoption of this Technique7 Cardiac Marker Testing Market, by Biomarker Type7.1 Introduction7.2 Troponin I and T7.2.1 High Sensitivity of this Biomarker Test is Supporting Its Increased Adoption in the Market7.3 CK-MB7.3.1 CK-MB is Useful for the Diagnosis of Acute Myocardial Injury7.4 BNP and NT-proBNP7.4.1 The Ability of this Biomarker to be Used with Other Markers is Supporting Market Growth7.5 Myoglobin7.5.1 Rapid Increase and Normalization Associated with Myoglobin to Drive Market Growth7.6 hsCRP7.6.1 Ability of hsCRP Tests to Accurately Measure Low Levels of CRP Will Support Market Growth7.7 Other Biomarkers8 Cardiac Marker Testing Market, by Disease8.1 Introduction8.2 Myocardial Infarction8.2.1 Availability of High-Sensitivity Biomarkers for the Detection of Mi to Support Market Growth8.3 Congestive Heart Failure8.3.1 Growing Use of Multi-Marker Testing is Driving Market Growth8.4 Acute Coronary Syndrome8.4.1 Increasing Incidence of Risk Factors Associated with Acs to Drive the Adoption of Cardiac Markers8.5 Atherosclerosis8.5.1 High Prevalence of Atherosclerosis Will Propel the Adoption of Cardiac Markers8.6 Ischemia8.6.1 Multiple Complications Caused by Ischemia is Resulting in the Increased Adoption of Diagnostics Tests9 Cardiac Marker Testing Market, by End-user9.1 Introduction9.2 Laboratory Testing Facilities9.2.1 Hospital Laboratories9.2.1.1 Emergency Patient Care and Early Diagnosis Associated with In-House Labs to Drive Market Growth9.2.2 Reference Laboratories9.2.2.1 Cost and Time Savings Associated with Reference Laboratories to Support Market Growth9.2.3 Contract Testing Laboratories9.2.3.1 Access to a Wide Range of Tests in Such Settings Allows Multiple Tests to be Performed9.3 Academic Institutes9.3.1 Continuous Research & Development of Novel Biomarkers to Drive Market Growth9.4 Point-Of-Care Testing Facilities9.4.1 Early Detection and Lower Turnaround Test Time Will Drive Market Growth10 Cardiac Marker Testing Market, by Region10.1 Introduction10.2 North America10.3 Europe10.4 Asia-Pacific10.5 Latin America10.6 Middle East & Africa11 Competitive Landscape11.1 Introduction11.2 Strategic Overview11.3 Market Share Analysis11.4 Competitive Scenario11.5 Key Market Developments11.5.1 Product Launches and Approvals11.5.2 Acquisitions11.5.3 Partnerships, Collaborations, and Agreements11.5.4 Expansions12 Company Evaluation Matrix and Company Profiles12.1 Company Evaluation Matrix12.1.1 Stars12.1.2 Emerging Leaders12.1.3 Emerging Companies12.1.4 Pervasive12.2 Company Profiles12.2.1 Abbott Laboratories12.2.2 Becton, Dickinson and Company12.2.3 bioMerieux SA12.2.4 Bio-Rad Laboratories, Inc.12.2.5 Danaher Corporation12.2.6 Diasorin12.2.7 F. Hoffmann-La Roche AG12.2.8 Guangzhou Wondfo Biotech Co., Ltd.12.2.9 LSI Medience Corporation12.2.10 Ortho Clinical Diagnostics12.2.11 Perkinelmer, Inc.12.2.12 Randox Laboratories12.2.13 Siemens Healthineers AG12.2.14 Thermo Fisher Scientific12.2.15 Tosoh Corporation13 Appendix13.1 Discussion Guide13.2 Knowledge Store: The Subscription Portal13.3 Available Customizations For more information about this report visit https://www.researchandmarkets.com/r/yh9pvs CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900