At the end of 2021, the global creatine kinase reagent market was estimated to be worth roughly US$ 296.2 Million. The market is expected to grow at a 10.5% CAGR and reach a value of US$ 803.9 Million by 2032.
Creatine kinase is a cardiac biomarker that refers to chemicals released in the bloodstream as a result of heart injury or stress, which is typically caused by insufficient blood flow. Creatine kinase quantification is used to analyse various heart conditions such as acute coronary syndrome, acute myocardial infarction, congestive heart failure, ischemia, and others.
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Advent of Telehealth and Virtual Care to Create Tailwind for the Creatine Kinase Reagent Market Growth
Digitization is making deeper inroads across diverse industries, such as healthcare, owing to the increasing penetration of the internet and smartphones across the world.
During the COVID-19 outbreak, healthcare practitioners and patients realized the importance of digitization and encouraged them to adopt virtual methods of patient examination and consultation to counter the regulations concerning social distancing. This gave rise to a new medical domain, Telehealth.
Since the outbreak, telehealth has gained immense popularity, especially among the geriatric population, owing to the convenience associated with it. Hence, increasing adoption of telehealth across radiology, behavioral health, cardiology, and online consultation is expected to create lucrative opportunities for growth in the Creatine Kinase Reagent market.
Key Creatine Kinase Reagent Market Takeaways and Projections
- The US is estimated to continue dominating the North America market, projecting fastest growth in the region through 2032.
- Germany Creatine Kinase Reagent market is forecast to register robust growth in Europe, accounting for a significant share in the region between 2022 to 2032.
- China is expected to account for the maximum revenue share in the East Asia market, exhibiting the fastest sales growth during the assessment period.
- India is forecast to emerge as a highly remunerative market in South Asia, contributing for the largest sales in the region over the coming 10-years.
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Report Benefits & Key Questions Answered
- Creatine Kinase Reagent Historical Market Outlook: Future Market Insight’s analysis examines vital dynamics, such as drivers, opportunities, and challenges in the Creatine Kinase Reagent market. It also studies the impact of these dynamics on the market for the previous assessment period 2017 to 2021 to forecast the scope of market growth over the coming forecast period 2022 to 2032.
- Creatine Kinase Reagent Demand-Supply Assessment: The latest study published by FMI offers in-depth insights into governing factors facilitating the demand outlook of the Creatine Kinase Reagent market. As per the survey, Creatine Kinase Reagent sales will project steady growth over the forecast period.
- Creatine Kinase Reagent Market Structure Analysis: The report provides detailed information about market the concentration of key players and tier analysis in the Creatine Kinase Reagent market. It also categories market players as per Tier 1, Tier 2, and Tier 3 in terms of their percentage share and product portfolio.
- Creatine Kinase Reagent Market Trend Analysis: FMI’s market trend analysis provide compelling insights into current and upcoming trends in the healthcare industries. It also assists the industry players to identify potential trends to formulate a strategy to take advantage of these existing trends.
Competitive Landscape Analysis
The latest study conducted by FMI provides in-depth insights into the global Creatine Kinase Reagent market to assist management level decision-makers in constructing a strategy to capitalize on the critical trends & opportunities. It also discloses competitive trends and profiles a list of leading players operating in the global Creatine Kinase Reagent market.
Some of the prominent market players are profiled by FMI are:
- BBI Solutions
- Abbott
- Beckman Coulter, Inc.
- Boditech Med Inc.
- DiaSys Diagnostic Systems GmbH
- Fujirebio
- Novus Biologicals, LLC
- PerkinElmer Inc.
- Pointe Scientific Inc.
- Randox Laboratories Ltd.
- Thermo Fisher Scientific
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Key Segments Covered In The Creatine Kinase Reagent Industry Survey
By Product:
- Creatine Kinase Reagents
- Creatine Kinase Instruments
- Creatine Kinase Kits
By Type:
- Colorimetric Assay Based Creatine Kinase Tests
- Enzymatic Creatine Kinase Tests
- Point of Care Creatine Kinase Tests
- ELISA-based Creatine Kinase Tests
- Other Creatine Kinase Test Types
By Application:
- Creatine Kinase Reagents for Research Use
- Creatine Kinase Reagents for Diagnosis Use
By End User:
- Creatine Kinase Reagents for Hospitals
- Creatine Kinase Reagents for Clinics
- Creatine Kinase Reagents for Diagnostic Laboratories
- Creatine Kinase Reagents for Academic Research Institutes
- Creatine Kinase Reagents for Other End Users
Region
- North America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa
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