Global Troponin Market

The estimated value of the Global Troponin Market stood at US$ 1.79 billion in 2022, with a projected growth rate of 5.68 billion annually in the coming years.

Pages: 252

Format: PDF

Date: 07-2024

Global Troponin Market

The Troponin Market refers to the segment of the medical diagnostics industry that focuses on the production, distribution, and utilization of troponin testing kits and related products. Troponin tests are critical for diagnosing myocardial infarctions (heart attacks) and other cardiac-related conditions by measuring the levels of troponin proteins in the blood.

Components of the Troponin Market

Types of Troponin Tests:

Troponin I (TnI) Tests: Specific to cardiac muscle and highly sensitive for detecting heart muscle injury.

Troponin T (TnT) Tests: Also specific to cardiac muscle and widely used in clinical settings.

High-Sensitivity Troponin (hs-cTn) Tests: More advanced tests that can detect very low levels of troponin, allowing for earlier and more accurate diagnosis of cardiac events.

Product Segments:

Laboratory-Based Tests: Used in hospitals and diagnostic laboratories, often involving automated analyzers.

Point-of-Care (POC) Tests: Portable and quick tests used in emergency departments, clinics, and sometimes at home.

Instruments and Equipment:

Immunoassay Analyzers: Used in laboratories for automated and high-throughput testing.

Portable Analyzers: Used for point-of-care testing, offering rapid results.

 Reagents and Kits:

Troponin Assay Kits: Containing all necessary reagents for conducting troponin tests.

Calibration and Control Kits: Used to ensure accuracy and reliability of test results.

Software and Data Management:

Data Analysis Software: Tools for interpreting test results and integrating with electronic health records (EHR).

Connectivity Solutions: Enabling integration between POC devices and central laboratory information systems (LIS).

Key Applications

Acute Coronary Syndrome (ACS) Diagnosis:

Primary use for detecting heart attacks and guiding treatment decisions in emergency settings.

Risk Stratification:

Assessing the risk of future cardiac events in patients with symptoms of coronary artery disease.

Monitoring Cardiac Conditions:

Used for monitoring patients with chronic heart conditions and during cardiac surgeries.

Research and Clinical Trials:

Utilized in research studies to understand cardiac biomarkers and develop new treatments.

Market Drivers

Increasing Incidence of Cardiovascular Diseases: Rising prevalence of heart diseases globally, driving demand for accurate diagnostic tools.

Technological Advancements: Development of high-sensitivity troponin tests and improvements in point-of-care testing technologies.

Aging Population: Growing elderly population with higher susceptibility to cardiac conditions.

Greater Awareness and Screening: Increased awareness about heart health and routine screening for at-risk populations.

Regulatory Approvals: Continuous approval and introduction of new troponin tests by regulatory bodies.

Market Challenges

High Costs: Advanced troponin tests and diagnostic equipment can be expensive, limiting accessibility in low-resource settings.

Regulatory Hurdles: Stringent regulatory requirements for new test approvals can slow market entry.

Technical Limitations: Variability in test results and the need for highly sensitive and specific assays.

Competition: Intense competition among key players in the market can lead to price pressures.

Regional Analysis

North America

Market Size and Growth: Largest market due to advanced healthcare infrastructure and high prevalence of cardiovascular diseases.

Key Drivers: Strong presence of major diagnostic companies, high healthcare spending, and widespread use of advanced diagnostic technologies.

Trends: Increasing adoption of high-sensitivity troponin tests and integration with digital health solutions.

Europe

Market Size and Growth: Significant market share with contributions from countries like Germany, UK, and France.

Key Drivers: High incidence of cardiovascular diseases, strong healthcare systems, and focus on early diagnosis and treatment.

Trends: Growing use of point-of-care testing in emergency settings and primary care.

 Asia-Pacific

Market Size and Growth: Fastest-growing market with major contributions from China, Japan, India, and Australia.

Key Drivers: Increasing healthcare expenditure, rising prevalence of heart diseases, and expanding healthcare infrastructure.

Trends: Rapid adoption of advanced diagnostic technologies and increasing focus on preventive healthcare.

Latin America

Market Size and Growth: Moderate growth driven by improving healthcare infrastructure and rising awareness of cardiac health.

Key Drivers: Growing prevalence of cardiovascular diseases, increasing healthcare investments, and expanding access to diagnostic services.

Trends: Increasing adoption of point-of-care testing and rising demand for affordable diagnostic solutions.

Middle East and Africa

Market Size and Growth: Emerging market with significant growth potential, particularly in Gulf Cooperation Council (GCC) countries.

Key Drivers: Increasing healthcare investments, growing burden of cardiovascular diseases, and improving diagnostic capabilities.

Trends: Expansion of healthcare infrastructure, increasing use of point-of-care testing, and rising focus on early diagnosis and intervention.

Conclusion

The Troponin Market is crucial for the early detection and management of cardiac conditions, driven by the rising prevalence of cardiovascular diseases, technological advancements, and increasing awareness of heart health. North America and Europe dominate the market, while the Asia-Pacific region shows the highest growth potential. The market faces challenges such as high costs and regulatory hurdles but continues to expand due to the ongoing demand for accurate and rapid diagnostic tools.

 

Report AttributesA2:B10+A2:B12A2:B10A2:B9B8A2:B11A2:B8 Details
Study Period 2023 to 2033
Base Year 2023
FORECAST PERIOD 2024-2030
HISTORICAL PERIOD 2020-2023
UNIT Value (USD Billion)
KEY COMPANIES PROFILED

• Abbott Laboratories
• Siemens Healthineers
• Roche Diagnostics
• Beckman Coulter
• bioMérieux SA
• Ortho Clinical Diagnostics
• Bio-Rad Laboratories
• Thermo Fisher Scientific
• Randox Laboratories
• Merck KGaA
• PerkinElmer
• Becton, Dickinson and Company
• Sekisui Diagnostics
• Luminex Corporation
• Fujirebio
• DiaSorin S.p.A
• Singulex Inc.
• Tosoh Corporation
• Mindray Bio-Medical Electronics Co. Ltd.
• Shenzhen YHLO Biotech Co. Ltd.
• Others

SEGMENTS COVERED By Type, By Application, and By Geography
CUSTOMIZATION SCOPE Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope.

Troponin Market Segments

By Product Type

·         Troponin T

·         Troponin I

By Application

·         Acute Coronary Syndrome

·         Myocardial Infraction

·         Congestive Heart Failure

·         Others

By End User

·         Hospital

·         Diagnostic Center

·         Homecare Setting

Troponin Market Players

·         Abbott Laboratories

·         Siemens Healthineers

·         Roche Diagnostics

·         Beckman Coulter

·         bioMérieux SA

·         Ortho Clinical Diagnostics

·         Bio-Rad Laboratories

·         Thermo Fisher Scientific

·         Randox Laboratories

·         Merck KGaA

·         PerkinElmer

·         Becton, Dickinson and Company

·         Sekisui Diagnostics

·         Luminex Corporation

·         Fujirebio

·         DiaSorin S.p.A

·         Singulex Inc.

·         Tosoh Corporation

·         Mindray Bio-Medical Electronics Co. Ltd.

·         Shenzhen YHLO Biotech Co. Ltd.

Others

Table of Contents

Chapter 1. Preface

1.1 Report Description and Scope

1.2 Research scope

1.3 Research methodology

1.3.1 Market Research Type

1.3.2 Market Research Methodology

Chapter 2. Executive Summary

2.1 Global Troponin Market, (2024 – 2033) (USD Billion)

2.2 Global Troponin Market: snapshot

Chapter 3. Global Troponin Market – Industry Analysis

3.1 Troponin Market: Market Dynamics

3.2 Market Drivers

3.2.1 Rising incidence of cardiovascular disease

3.2.2 Technological advancements in troponin testing

3.3 Market Restraints

3.4 Market Opportunities

3.5 Market Challenges

3.6 Porter’s Five Forces Analysis

3.7 Market Attractiveness Analysis

3.7.1 Market Attractiveness Analysis By Product Type

3.7.2 Market Attractiveness Analysis By Application

3.7.3 Market Attractiveness Analysis By End User

Chapter 4. Global Troponin Market- Competitive Landscape

4.1 Company market share analysis

4.1.1 Global Troponin Market: Company Market Share, 2023

4.2 Strategic development

4.2.1 Acquisitions & mergers

4.2.2 New Product launches

4.2.3 Agreements, partnerships, cullaborations, and joint ventures

4.2.4 Research and development and Regional expansion

4.3 Price trend analysis

Chapter 5. Global Troponin Market – Product Type Analysis

5.1 Global Troponin Market Overview: By Product Type

5.1.1 Global Troponin Market Share, By Product Type, 2023 and 2033

5.2 Troponin T

5.2.1 Global Troponin Market by Troponin T, 2024 – 2033 (USD Billion)

5.3 Troponin I

5.3.1 Global Troponin Market by Troponin I, 2024 – 2033 (USD Billion)

Chapter 6. Global Troponin Market – Application Analysis

6.1 Global Troponin Market Overview: By Application

6.1.1 Global Troponin Market Share, By Application, 2023 and 2033

6.2 Acute Coronary Syndrome

6.2.1 Global Troponin Market by Acute Coronary Syndrome, 2024 – 2033 (USD Billion)

6.3 Myocardial Infraction

6.3.1 Global Troponin Market by Myocardial Infraction, 2024 – 2033 (USD Billion)

6.4 Congestive Heart Failure

6.4.1 Global Troponin Market by Congestive Heart Failure, 2024 – 2033 (USD Billion)

6.5 Others

6.5.1 Global Troponin Market by Others, 2024 – 2033 (USD Billion)

Chapter 7. Global Troponin Market – End User Analysis

7.1 Global Troponin Market Overview: By End User

7.1.1 Global Troponin Market Share, By End User, 2023 and 2033

7.2 Hospital

7.2.1 Global Troponin Market by Hospital, 2024 – 2033 (USD Billion)

7.3 Diagnostic Center

7.3.1 Global Troponin Market by Diagnostic Center, 2024 – 2033 (USD Billion)

7.4 Homecare Setting

7.4.1 Global Troponin Market by Homecare Setting, 2024 – 2033 (USD Billion)

Chapter 8. Troponin Market – Regional Analysis

8.1 Global Troponin Market Regional Overview

8.2 Global Troponin Market Share, by Region, 2023 & 2033 (USD Billion)

8.3. North America

8.3.1 North America Troponin Market, 2024 – 2033 (USD Billion)

8.3.1.1 North America Troponin Market, by Country, 2024 – 2033 (USD Billion)

8.4 North America Troponin Market, by Product Type, 2024 – 2033

8.4.1 North America Troponin Market, by Product Type, 2024 – 2033 (USD Billion)

8.5 North America Troponin Market, by Application, 2024 – 2033

8.5.1 North America Troponin Market, by Application, 2024 – 2033 (USD Billion)

8.6 North America Troponin Market, by End User, 2024 – 2033

8.6.1 North America Troponin Market, by End User, 2024 – 2033 (USD Billion)

8.7. Europe

8.7.1 Europe Troponin Market, 2024 – 2033 (USD Billion)

8.7.1.1 Europe Troponin Market, by Country, 2024 – 2033 (USD Billion)

8.8 Europe Troponin Market, by Product Type, 2024 – 2033

8.8.1 Europe Troponin Market, by Product Type, 2024 – 2033 (USD Billion)

8.9 Europe Troponin Market, by Application, 2024 – 2033

8.9.1 Europe Troponin Market, by Application, 2024 – 2033 (USD Billion)

8.10 Europe Troponin Market, by End User, 2024 – 2033

8.10.1 Europe Troponin Market, by End User, 2024 – 2033 (USD Billion)

8.11. Asia Pacific

8.11.1 Asia Pacific Troponin Market, 2024 – 2033 (USD Billion)

8.11.1.1 Asia Pacific Troponin Market, by Country, 2024 – 2033 (USD Billion)

8.12 Asia Pacific Troponin Market, by Product Type, 2024 – 2033

8.12.1 Asia Pacific Troponin Market, by Product Type, 2024 – 2033 (USD Billion)

8.13 Asia Pacific Troponin Market, by Application, 2024 – 2033

8.13.1 Asia Pacific Troponin Market, by Application, 2024 – 2033 (USD Billion)

8.14 Asia Pacific Troponin Market, by End User, 2024 – 2033

8.14.1 Asia Pacific Troponin Market, by End User, 2024 – 2033 (USD Billion)

8.15. Latin America

8.15.1 Latin America Troponin Market, 2024 – 2033 (USD Billion)

8.15.1.1 Latin America Troponin Market, by Country, 2024 – 2033 (USD Billion)

8.16 Latin America Troponin Market, by Product Type, 2024 – 2033

8.16.1 Latin America Troponin Market, by Product Type, 2024 – 2033 (USD Billion)

8.17 Latin America Troponin Market, by Application, 2024 – 2033

8.17.1 Latin America Troponin Market, by Application, 2024 – 2033 (USD Billion)

8.18 Latin America Troponin Market, by End User, 2024 – 2033

8.18.1 Latin America Troponin Market, by End User, 2024 – 2033 (USD Billion)

8.19. The Middle-East and Africa

8.19.1 The Middle-East and Africa Troponin Market, 2024 – 2033 (USD Billion)

8.19.1.1 The Middle-East and Africa Troponin Market, by Country, 2024 – 2033 (USD Billion)

8.20 The Middle-East and Africa Troponin Market, by Product Type, 2024 – 2033

8.20.1 The Middle-East and Africa Troponin Market, by Product Type, 2024 – 2033 (USD Billion)

8.21 The Middle-East and Africa Troponin Market, by Application, 2024 – 2033

8.21.1 The Middle-East and Africa Troponin Market, by Application, 2024 – 2033 (USD Billion)

8.22 The Middle-East and Africa Troponin Market, by End User, 2024 – 2033

8.22.1 The Middle-East and Africa Troponin Market, by End User, 2024 – 2033 (USD Billion)

Chapter 9. Company Profiles

9.1 Abbott Laboratories

9.1.1 Overview

9.1.2 Financials

9.1.3 Product Portfolio

9.1.4 Business Strategy

9.1.5 Recent Developments

9.2 Siemens Healthineers

9.2.1 Overview

9.2.2 Financials

9.2.3 Product Portfolio

9.2.4 Business Strategy

9.2.5 Recent Developments

9.3 Roche Diagnostics

9.3.1 Overview

9.3.2 Financials

9.3.3 Product Portfolio

9.3.4 Business Strategy

9.3.5 Recent Developments

9.4 Beckman Coulter

9.4.1 Overview

9.4.2 Financials

9.4.3 Product Portfolio

9.4.4 Business Strategy

9.4.5 Recent Developments

9.5 bioMérieux SA

9.5.1 Overview

9.5.2 Financials

9.5.3 Product Portfolio

9.5.4 Business Strategy

9.5.5 Recent Developments

9.6 Ortho Clinical Diagnostics

9.6.1 Overview

9.6.2 Financials

9.6.3 Product Portfolio

9.6.4 Business Strategy

9.6.5 Recent Developments

9.7 Bio-Rad Laboratories

9.7.1 Overview

9.7.2 Financials

9.7.3 Product Portfolio

9.7.4 Business Strategy

9.7.5 Recent Developments

9.8 Thermo Fisher Scientific

9.8.1 Overview

9.8.2 Financials

9.8.3 Product Portfolio

9.8.4 Business Strategy

9.8.5 Recent Developments

9.9 Randox Laboratories

9.9.1 Overview

9.9.2 Financials

9.9.3 Product Portfolio

9.9.4 Business Strategy

9.9.5 Recent Developments

9.10 Merck KGaA

9.10.1 Overview

9.10.2 Financials

9.10.3 Product Portfolio

9.10.4 Business Strategy

9.10.5 Recent Developments

9.11 PerkinElmer

9.11.1 Overview

9.11.2 Financials

9.11.3 Product Portfolio

9.11.4 Business Strategy

9.11.5 Recent Developments

9.12 Becton Dickinson and Company

9.12.1 Overview

9.12.2 Financials

9.12.3 Product Portfolio

9.12.4 Business Strategy

9.12.5 Recent Developments

9.13 Sekisui Diagnostics

9.13.1 Overview

9.13.2 Financials

9.13.3 Product Portfolio

9.13.4 Business Strategy

9.13.5 Recent Developments

9.14 Luminex Corporation

9.14.1 Overview

9.14.2 Financials

9.14.3 Product Portfolio

9.14.4 Business Strategy

9.14.5 Recent Developments

9.15 Fujirebio

9.15.1 Overview

9.15.2 Financials

9.15.3 Product Portfolio

9.15.4 Business Strategy

9.15.5 Recent Developments

9.16 DiaSorin S.p.A

9.16.1 Overview

9.16.2 Financials

9.16.3 Product Portfolio

9.16.4 Business Strategy

9.16.5 Recent Developments

9.17 Singulex Inc.

9.17.1 Overview

9.17.2 Financials

9.17.3 Product Portfolio

9.17.4 Business Strategy

9.17.5 Recent Developments

9.18 Tosoh Corporation

9.18.1 Overview

9.18.2 Financials

9.18.3 Product Portfolio

9.18.4 Business Strategy

9.18.5 Recent Developments

9.19 Mindray Bio-Medical Electronics Co. Ltd.

9.19.1 Overview

9.19.2 Financials

9.19.3 Product Portfolio

9.19.4 Business Strategy

9.19.5 Recent Developments

9.20 Shenzhen YHLO Biotech Co. Ltd.

9.20.1 Overview

9.20.2 Financials

9.20.3 Product Portfolio

9.20.4 Business Strategy

9.20.5 Recent Developments

9.21 Others.

9.21.1 Overview

9.21.2 Financials

9.21.3 Product Portfolio

9.21.4 Business Strategy

9.21.5 Recent Developments

Troponin Market Segments

By Product Type

·         Troponin T

·         Troponin I

By Application

·         Acute Coronary Syndrome

·         Myocardial Infraction

·         Congestive Heart Failure

·         Others

By End User

·         Hospital

·         Diagnostic Center

·         Homecare Setting

Troponin Market Players

·         Abbott Laboratories

·         Siemens Healthineers

·         Roche Diagnostics

·         Beckman Coulter

·         bioMérieux SA

·         Ortho Clinical Diagnostics

·         Bio-Rad Laboratories

·         Thermo Fisher Scientific

·         Randox Laboratories

·         Merck KGaA

·         PerkinElmer

·         Becton, Dickinson and Company

·         Sekisui Diagnostics

·         Luminex Corporation

·         Fujirebio

·         DiaSorin S.p.A

·         Singulex Inc.

·         Tosoh Corporation

·         Mindray Bio-Medical Electronics Co. Ltd.

·         Shenzhen YHLO Biotech Co. Ltd.

Others

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