Heart Attack Diagnostics Market Size (2024 - 2029)

Heart Attack Diagnostics Market Analysis

The global heart attack diagnostics market is expected to register a CAGR of 7.9% during the forecast period (2021 - 2026).

The COVID-19 pandemic has significantly impacted the heart attack diagnostics market. There is an increased risk for people suffering from heart diseases to contract the virus, especially those prone to heart attacks, and there is a high probability of death if the virus is not diagnosed on time. Moreover, some of the early symptoms of COVID-19 are aligned with heart attacks, like chest pain, nausea, fatigue, and trouble in breathing. In July 2020, a report published by researchers from the University of Alberta Faculty of Medicine and Dentistry discovered a new blood test for predicting heart attacks in patients with COVID-19. This study proved the relationship between the risk of COVID-19 and people having cardiovascular diseases. 

According to a repoty by the World Health Organization, cardiovascular diseases are the main cause of deaths worldwide, and four out of five deaths occur due to cardiovascular diseases like heart attack and strokes. Furthermore, over 13 million deaths occur in low- and middle-income countries every year, and of these, 85% are due to heart attack and stroke. A report from the American Heart Association says that by 2035, around 45% of Americans may have some kind of heart disease (mainly heart attack), which may be a major driving force for the heart attack diagnostic market. The major factors contributing to the high number of cardiovascular diseases are hypertension, high blood cholesterol, and smoking. The proven methods for detecting heart attacks are electrocardiograms, blood tests, angiograms, and computerized cardiac tomography. Recently, the US Food and Drug Administration approved a new high-sensitivity test for a protein, Troponin, for the detection of heart attacks, in which Roche and Abbott are the major players.

Although many factors are likely to drive this market to new levels, a few restraining factors, like the high cost and the lack of awareness, may create hindrances in its path. As this market functions on a global level and low-income countries are involved, diagnostic kits need to be within the budget of the people, and these people should be aware of them. For instance, the Roche Trop T Sensitivity test kit is available for about USD 52 (2020) in India, which is out of reach for many low-income families and not easily available.

Heart Attack Diagnostics Industry Segmentation

As per the scope of the report, the heart attack diagnostics market may see many innovations, which may reduce the time for detection from seven hours to two hours or less, just like troponin tests that not only save time, but also reduce the chance of death due to cardiac arrest. The heart attack diagnostics market is segmented by test (electrocardiogram, blood tests, angiogram, computerized cardiac tomography, and other tests), end user (hospitals, ambulatory surgical centers, diagnostics centers, and other end users), and geography (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America).