The global troponin market has been witnessing significant growth over the past few years owing to the rising prevalence of cardiovascular diseases worldwide. Troponins play a vital role in the diagnosis of myocardial infarction and cardiac injury. Troponin is a protein found in heart muscles that is released when the heart is damaged. Troponin testing is considered the gold standard for diagnosing heart attack as it is more sensitive and specific than other biomarkers. Various developments in healthcare infrastructure and growing adoption of advanced cardiac diagnostic technologies among healthcare providers have augmented the demand for troponin assays globally. Troponin tests are mostly carried out at the emergency department. When a patient arrives at the emergency department (ED) with chest pain and no or unclear changes on the electrocardiogram (ECG), the ED physician typically orders serial troponin tests. This is to establish if the symptoms are caused by an acute myocardial infarction (AMI) - a heart attack. Furthermore, increasing investments by key players in the development and commercialization of high sensitivity troponin tests with improved accuracy are expected to drive the market growth during the forecast period.
Market Dynamics:
The key drivers fueling the growth of the global troponin market are rapid growth in geriatric population who are more prone to cardiovascular issues, rising awareness regarding early diagnosis of heart conditions, and increasing healthcare expenditure in developing nations. However, stringent regulatory approvals and reimbursement policies pose a major challenge for market players. Meanwhile, the development of novel troponin tests with simplified workflow and rapid results presents significant opportunities in the market. Troponins are cardiac biomarkers used in the diagnosis of myocardial infarction. The global troponin diagnostics market has grown steadily in recent years due to the increasing prevalence of cardiovascular diseases worldwide.
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Detailed Segmentation:
Detailed Segmentation:
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