Market Overview:
The global heart matrices market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing use of heart matrices in research and regenerative medicine applications. Additionally, the growing demand for large animal models for preclinical studies is also contributing to the growth of this market. However, high costs associated with these products may restrain the growth of this market during the forecast period. On basis on type, mouse heart matrix segment is anticipated to hold dominant share in global heart matrices market over forecast period owing its low cost and easy availability as compared to other types segments such as rat and large animals segments. On basis on application, research center segment accounted for largest share in 2017 and it projected continue its dominance over next few years due rising number researches being conducted across globe coupled with technological advancements made by key players operating in this space .
Product Definition:
Heart matrices are mathematical objects that can be used to analyze the beating of a heart. Their importance comes from their ability to help researchers understand how the heart works and how it can be improved.
Mouse:
The global mouse, also known as rodent or Murine, is a small rodent. Mice are most commonly used in research for testing the safety and efficacy of potential new pharmaceutical drugs. The heart matrices test was first developed using mice in the early 1950s and has been one of the most popular tests ever since.
Rat:
The rat is a small rodent and is the most common animal used for testing the efficacy of new heart medicines. The test involves injecting a medicine into the body of rats and then observing whether there are any side effects on their bodies. This process helps in determining whether or not the medicine will have an adverse effect on human beings before it is administered to them.
Application Insights:
The research center application segment accounted for the largest revenue share in 2017. This is attributed to the usage of heart matrices from mice, rats and other small animals for various cardiovascular research purposes. In addition, increasing R&D activities pertaining to human heart matrices are expected to propel product demand in this segment over the forecast period.
The others application segment includes hospitals and clinical settings that use human induced pluripotent stem cells (iPSCs) or primary cardiomyocytes derived from adult stem cells for regenerative medicine applications. The growing adoption of advanced therapies using iPSCs has led to an increased number of patients suffering from cardiac disorders who have undergone surgical procedures such as open-heart surgery or valve replacement therapy at hospitals and clinical settings across the globe. This is anticipated to drive market growth during the forecast period.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of research centers and universities in this region. For instance, as per an article published by NCBI, there are over 1,600 institutions that engage in cardiovascular research including institutes, colleges and universities across North America. Such factors are expected to continue driving regional growth during the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising investments from public and private entities for cardiac care initiatives such as “One Belt One Road†(OBOR) project initiated by China government for improving healthcare infrastructure along its trade routes known as The New Silk Road initiative launched by Chinese President Xi Jinping in 2013 with an aim to make China a world leader in health & medicine globally within next few years is expected boost regional demand during 2018-2030 time frame.
Growth Factors:
- Increasing demand for personalized medicines
- Growing geriatric population
- Rising prevalence of cardiovascular diseases
- Technological advancements in heart matrix products and therapies
- Growing awareness about the benefits of heart matrix products and therapies
Scope Of The Report
Report Attributes
Report Details
Report Title
Heart Matrices Market Research Report
By Type
Mouse, Rat, Large Animals
By Application
Research Center, University, Others
By Companies
Harvard Apparatus, Ted Pella, Electron Microscopy Sciences, CellPoint Scientific, ASI-Instruments, Zivic Instruments, RWD Life Science
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
149
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Heart Matrices Market Report Segments:
The global Heart Matrices market is segmented on the basis of:
Types
Mouse, Rat, Large Animals
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Research Center, University, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Harvard Apparatus
- Ted Pella
- Electron Microscopy Sciences
- CellPoint Scientific
- ASI-Instruments
- Zivic Instruments
- RWD Life Science
Highlights of The Heart Matrices Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Mouse
- Rat
- Large Animals
- By Application:
- Research Center
- University
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Heart Matrices Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Heart matrices are a type of electrocardiogram (EKG) that measure the electrical activity of the heart.
Some of the key players operating in the heart matrices market are Harvard Apparatus, Ted Pella, Electron Microscopy Sciences, CellPoint Scientific, ASI-Instruments, Zivic Instruments, RWD Life Science.
The heart matrices market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Heart Matrices Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Heart Matrices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Heart Matrices Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Heart Matrices Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Heart Matrices Market Size & Forecast, 2020-2028
4.5.1 Heart Matrices Market Size and Y-o-Y Growth
4.5.2 Heart Matrices Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Mouse
5.2.2 Rat
5.2.3 Large Animals
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Research Center
6.2.2 University
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Heart Matrices Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Heart Matrices Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Mouse
9.6.2 Rat
9.6.3 Large Animals
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Research Center
9.10.2 University
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Mouse
10.6.2 Rat
10.6.3 Large Animals
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Research Center
10.10.2 University
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Mouse
11.6.2 Rat
11.6.3 Large Animals
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Research Center
11.10.2 University
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Mouse
12.6.2 Rat
12.6.3 Large Animals
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Research Center
12.10.2 University
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Mouse
13.6.2 Rat
13.6.3 Large Animals
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Research Center
13.10.2 University
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Heart Matrices Market: Competitive Dashboard
14.2 Global Heart Matrices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Harvard Apparatus
14.3.2 Ted Pella
14.3.3 Electron Microscopy Sciences
14.3.4 CellPoint Scientific
14.3.5 ASI-Instruments
14.3.6 Zivic Instruments
14.3.7 RWD Life Science
