Middle East & Africa Cardiac Biomarkers Market Size & Outlook
Middle East & Africa cardiac biomarkers market, 2018-2030 (US$M)
MEA cardiac biomarkers market highlights
- The MEA cardiac biomarkers market generated a revenue of USD 1,125.8 million in 2023.
- The market is expected to grow at a CAGR of 15.5% from 2024 to 2030.
- In terms of segment, troponin was the largest revenue generating type in 2023.
- Troponin is the most lucrative type segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 1,125.8 million |
| Market revenue in 2030 | USD 3,089.9 million |
| Growth rate | 15.5% (CAGR from 2023 to 2030) |
| Largest segment | Troponin |
| Fastest growing segment | Troponin |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Troponin |
| Key market players worldwide | Abbott Laboratories, QuidelOrtho Corp, Siemens Healthineers AG ADR, Roche Holding AG ADR, Danaher Corp, BioMerieux SA, Bio-Rad Laboratories Inc, Randox, Creative Diagnostics, Life Diagnostics |
Other key industry trends
- In terms of revenue, MEA region accounted for 6.1% of the global cardiac biomarkers market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 11,104.8 million by 2030.
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Cardiac Biomarkers Market Scope
Cardiac Biomarkers Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa cardiac biomarkers market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cardiac biomarkers market will help companies and investors design strategic landscapes.
Troponin was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Middle East & Africa cardiac biomarkers market based on troponin covering the revenue growth of each sub-segment from 2018 to 2030.
According to the data from the World Health Organization (WHO), an estimated three-quarters of the global mortality stemming from CVDs occur in low and middle-income countries. In Africa, CVDs in the form of heart attacks and heart failure are common. Recent developments in health research conducted on the African continent have led to improvements in the detection and treatment of cardiac disorders.
Optimization of resources and the implementation of new healthcare systems are expected to rise, which is expected to benefit the cardiac diagnostics area, especially the development of cardiac biomarkers used for the detection and evaluation of cardiac diseases.
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Target buyers of Middle East & Africa cardiac biomarkers market databook
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Our clientele includes a mix of cardiac biomarkers market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa cardiac biomarkers market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa cardiac biomarkers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa cardiac biomarkers market
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