Summary
The global Myoglobin Reagents Market is expected to witness a CAGR of xx% over the forecast period 2020-2026 and is expected to reach US$ xx million in 2026, from US$ xx million in 2019.
Overview:
Myoglobin is an oxygen-binding heme protein found mainly in skeletal and cardiac muscles. Determining myoglobin can be useful in the diagnosis of myocardial infarction, myositis, and in the treatment of myopathy and muscular dystrophy. Myoglobin regents are used to detect, analyze, and quantify the amount of myoglobin released into the blood during cellular damage. The global myoglobin reagents market is divided into six regions, such as North America, South America, Asia Pacific, Europe, Middle East, and Africa.
Drivers:
The growing patient population suffering from myocardial infarction, myositis, myopathy, and muscular dystrophy is expected to propel the growth of the global myoglobin reagents market over the forecast period. According to the American Heart Association (AHA) report, in 2019, coronary events were expected to occur in around 1,055,000 Americans, including 720,000 new and 335,000 recurrent coronary events. The average age of first myocardial infarction is 65.6 years old for men and 72.0 years old for women. Moreover, the launch of new myoglobin reagents to improve myoglobin testing is also expected to drive the market growth.
Restraint:
Issues related to regulatory and reimbursement systems are expected to hamper the global myoglobin reagents market growth.
Regional Insights:
North America and Europe are expected to witness robust growth in the global myoglobin reagents market due to the rising prevalence and incidence of cardiovascular diseases, the advanced healthcare facilities, and the launch of new myoglobin reagents in these regions. According to the Centers for Disease Control and Prevention (CDC), heart disease is one of the leading causes of death in the United States. One person dies every 36 seconds in the U.S. from cardiovascular disease.
Competitive Section:
Key players operating in the global myoglobin reagents market are PerkinElmer, Pointe Scientific, BBI Solutions, Diazyme Laboratories, Tosoh India, Randox Laboratories, DiaSys Diagnostic Systems, Fujirebio, and Abbott Laboratories.
In November 2017, BBI Solutions added more antibodies to the portfolio, including myoglobin antibodies as a cardiac marker.
In March 2017, Fujirebio Europe announced the release of the Lumipulse G hs Troponin I assay for use in the diagnosis of Acute Myocardial Infarction (AMI).
The Myoglobin Reagents Market report highlights product development and growth strategies such as merger and acquisition adopted by market players along with SWOT Analysis, PEST and Porter’s Five Forces analyses of the Myoglobin Reagents Market, which highlight the strengths, weaknesses, opportunities, and commination of key companies. Moreover, the report offers two distinct market forecasts, one from the perspective of the producer and another from that of the consumer.
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers.
The Key Manufacturers covered in this Report:-
- Abbott Laboratorie
- DiaSys Diagnostic Systems
- Randox Laboratories
- Tosoh India
- Diazyme Laboratories
- BBI Solutions
- Pointe Scientific
- PerkinElmer
By the Product Type, the market is primarily segmented into:
- Immunoturbidimetric Assay
- ELISA Assay
- Colorimetric Assay
By Applications, the market is segmented into:
- Hospital laboratory
- Academic research center
- Diagnostic center
- Other
The Report covers the following Regions:
- North America
- United States
- Canada
- Mexico
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Indonesia
- Thailand
- Malaysia
- Philippines
- Vietnam
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Central & South America
- Middle East & Africa
- Turkey
- GCC Countries
- Egypt
- South Africa
Objective of the Myoglobin Reagents Market Report:
- To assess the size of the market by value and volume
- Analyze the Myoglobin Reagents Market in terms of regions and major countries
- Highlight recent developments and trends in the market
- Offer perceptive data regarding major market players in terms of key developments, strategies, and product portfolio
- Determine share of the Myoglobin Reagents Market in terms of various segments such as by product type, application, and end-user
- Offer accurate projection of the market for the forecast period using state-of –the-art tools and the current primary and secondary research approaches
- Discuss major factors that impact growth of the Myoglobin Reagents Market
The Myoglobin Reagents Market engages the readers with all pivotal approaches to understand their position in the industry based on revenue or sales growth. The report efficiently evaluates the Myoglobin Reagents Market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competition in the market. The information in the report is backed by annual company reports, financial reports, press releases, regulatory databases, government documents, and statistical databases.
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders:
- Material suppliers/wholesalers
- Market Distributors/traders
- Regulatory bodies
- Research organizations, and consulting firms
- Commercial research & developments (R&D)
- Trade associations and industry bodies
- Importers and exporters
- End-use industries
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
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