Global Cardiac Marker Analyzer Market and Forecast, Impact of COVID-19, Product Analysis, Companies Business & Marketing Strategy, Major Deals

Global Cardiac Marker Analyzer Market and Forecast, Impact of COVID-19, Product Analysis, Companies Business & Marketing Strategy, Major Deals

The global Cardiac Marker Analyzer market is predicted to reach US$ 4.75 Billion by 2027. Cardiac Marker analyzer represents a paradigm in diagnostics that provides high sensitivity and reliable information in minutes. The cardiac biomarkers that are widely used as an integrated diagnostic approach for CVDs include CK-MB, troponin I and T, myoglobin, BNPs, IMA and few others. The prevention of cardiac diseases by monitoring the heart conditions via cardiac biomarker testing is the profound approach for obtaining rapid results for immediate diagnosing and treatment.

Cardiac biomarkers are used as risk stratification for various cardiovascular diseases (CVDs), which include myocardial infraction, congestive heart failure, acute coronary syndrome (ACS) among others. It is ideally suited to both point of care testing and laboratory use. The factors such as increasing incidences of cardiovascular diseases, rapidly increasing geriatric population, growing funding from public-private organizations for research on cardiac biomarkers, and ongoing clinical trials for the identification of novel cardiac biomarkers are driving the growth of the market. However, factors such as technical problems related to sample collection and storage and issues related to regulatory and reimbursement systems are some of the key factors hampering the growth of this market.

Impact of COVID-19 on Global Cardiac Marker Analyzer Market

The COVID–19 outbreak has become a global stress test. As the number of people infected with the virus continues to rise around the world, uncertainties about global economic growth increases. The COVID–19 disease has infected around 392 Million people worldwide. Globally the death toll has reached 5,745,435 according to the latest statistics from the Worldometers (as of February 5, 2022). The number is still growing, and the duration of the pandemic is still difficult to predict. The COVID–19 pandemic has restricted the growth of the Cardiac Marker Analyzer market, by social restrictions and other precautionary measures taken in response to the COVID-19 pandemic. However, as governments began lifting social restrictions, the negative trend in the revenues of these businesses began to level off and stabilize prior to the third quarter of 2020. In the years to come, physicians are likely to witness an increase in influx of patients, hence driving the cardiac marker analyzer market.

Key Highlights of the Report

In October 2017, Abbott completed its acquisition of Alere, concluding a deal first announced in February 2016.
Abbott Point of Care Diagnostics sales is driven by continued adoption of Abbott's i-STAT handheld system.
In 2020, Quidel’s cardiac immunoassay and specialized diagnostic solutions revenue declined, mainly due to lower demand during the COVID-19 pandemic.
Cobas H232 POC system permits rapid and easy determination of cardiac blood markers such as Troponin T, NT-proBNP, D-dimer, CK-MB and myoglobin.
A major focus of Response Biomedical development programs in cardiovascular testing has been clinical tests for the quantification of cardiovascular markers.
In 2020, Abbott Point of Care Diagnostics sales declined, driven by lower demand during the COVID-19 pandemic. However, in 2021, Abbott Point of Care Diagnostics sales returned to pre-pandemic level.
In March 2020, Siemens Healthineers announced market introduction of the teamplay digital health platform.
CardioGenics is the only company to successfully deploy CL in a compact, fully automated POC platform.
Siemens Healthineers launched the third phase of its Strategy 2025 with the beginning of fiscal year 2022.
Trinity Biotech Point-of-Care revenues declined in 2020 by around 19.1% from the previous year figure.

iGATE RESEARCH report titled “Global Cardiac Marker Analyzer Market and Forecast, Impact of COVID-19, Product Analysis, Companies Business & Marketing Strategy, Major Deals” provides a comprehensive assessment of the cardiac marker analyzer segments, comparative tests analysis, competitive product analysis, product features & benefits, merger & acquisitions, strategic alliances and Companies Business and Market Strategies.

This 118 Page report with 11 Figures and 19 Tables has been studied from 8 View Points:

1. Cardiac Marker Analyzer Market & Forecast (2011 - 2027)
2. Impact of COVID-19 on Global Cardiac Marker Analyzer Market
3. Cardiac Marker Companies - Comparative Tests Analysis
4. Cardiac Marker Analyzer - Competitive Product Analysis
5. Cardiac Marker Analyzer - Specifications, Product Features & Benefits Analysis
6. Cardiac Marker Analyzer - Mergers, Acquisitions, Distribution, Partnership and Licensing Agreements
7. Emerging Markers Analysis
8. Companies Business & Marketing Strategy

The Cardiac Marker Analyzer Covered in the report are as follows:

1. Triage MeterPro Analyzer
2. The i-STAT System
3. Cobas h 232 POC System
4. Access 2 Immunoassay System
5. Stratus CS Analyzer
6. RAMP 200
7. RAMP Reader
8. i-chroma DUO Analyzer
9. DXpress Reader Analyzer
10. PATHFAST Analyzer
11. QL Care Analyzer
12. Meritas POC Analyzer

Cardiac Marker Analyzer - Key Company Analysis

1. Alere (Now Abbott)
2. Abbott Point of Care
3. Quidel Corporation
4. Roche
5. Beckman Coulter
6. Siemens Healthineers
7. Response Biomedical
8. Boditech
9. Lifesign
10. LSI Medience Corporation
11. CardioGenics Holdings Inc.
12. Trinity Biotech

Data Sources

iGATE RESEARCH employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. This report is built by using data and information sourced from Proprietary Information Database, Primary and Secondary Research Methodologies, and In house analysis by iGATE Research dedicated team of qualified professionals with deep industry experience and expertise.

Research Methodologies

Primary Research Methodologies:

Questionnaires, Surveys, Interviews with Individuals, Small Groups, Telephonic Interview, etc.

Secondary Research Methodologies:

Printable and Non-printable sources, Newspaper, Magazine and Journal Content, Government and NGO Statistics, white Papers, Information on the Web, Information from Agencies Such as Industry Bodies, Companies Annual Report, Government Agencies, Libraries and Local Councils and a large number of Paid Databases.