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Fractional Flow Reserve Market Status (2016-2020) and Forecast Market Analysis, Regional Outlook, Segment Growth Potential, and Competitive Market Share Analysis, 2021-2027

Format: PDF | Pages: 312 | Report ID: MRS1155


Report Description

The global Fractional Flow Reserve market size is estimated at USD 870.8 million in 2020, expanding at a CAGR 17.8% from 2021-2027.

Market Dynamics

Fractional flow reserve is a metric used to assess the functional significance of an epicardial coronary artery stenosis. The fractional flow reserve (FFR) is calculated by dividing the stenosis's distal coronary pressure by the aortic pressure during maximal hyperaemia. FFR is regarded as the gold standard for determining whether a specific stenosis is to blame for inducible ischemia. The rising geriatric population and the resulting increase in the prevalence of cardiovascular diseases, the cost benefits of FFR, and the presence of a favourable reimbursement scenario for FFR are driving growth in this market.

Because this population group is predisposed to CVD and other target diseases, the demand for advanced diagnostic and treatment options is expected to rise in the coming years. The leading risk factors for heart disease and stroke are a change in lifestyle, smoking, hypertension, high blood cholesterol levels, physical inactivity, a high BMI, and a high blood sugar level. With the rising prevalence of CVD, the number of related diagnostic and treatment procedures is expected to skyrocket in the coming years. In this scenario, the demand for fractional flow reserve is likely to rise because it provides numerous benefits, such as determining whether stenosis is necessary, which aids in avoiding surgeries (in cases where stenosis is not needed).

Regional Insights

Because of the growing geriatric population and associated cardiovascular diseases, North America is expected to hold a significant market share in the fractional flow reserve market. According to the Centres for Disease Control and Prevention, approximately 26.2 million people were diagnosed with heart disease in 2016, with coronary artery disease being the most common. In addition, the American Heart Association estimates that 720,000 people have a heart attack each year. As a result, these factors are expected to drive the growth of the fractional flow reserve market.

Segment Insights

The Fractional Flow Reserve market is fragmented into technology and application segments. Based on the technology, invasive monitoring segment accounted for the largest share of the market and will continue to do so during the forecast period. Based on the application, the single-vessel disease segment accounted for the larger share of the fractional flow reserve market.

Competitive Insights

The market is fragmented, with several major players. In terms of market share, the market is currently dominated by a few major players. Companies' strategic initiatives to develop the product are expected to boost market growth. For example, Koninklijke Philips NV launched an IntraSight Interventional applications platform in 2019 that includes iFR, FFR, and IVUS solutions. Opsens Medical, Abbott, Boston Scientific, GE Healthcare, Siemens Healthcare, Cathworks, Medis Medical Imaging System, Pie Medical Imaging BV, Heartflow Inc., and Koninklijke Philips NV are among the market leaders.Major players in the industry engage in organic as well as inorganic growth strategies like strategic merger & acquisition, partnership, and new product launches and product enhancement to remain competent in the market.

The report begins with an overview of the Industry Chain structure, and describes the industry environment, then analyses market size and forecast of Fractional Flow Reserve by technology, application and region. In addition, this report introduces the market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.

Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products etc.):

  • Abbott
  • Koninklijke Philips N.V.
  • Boston Scientific Corporation
  • Acist Medical Systems (Subsidiary of Bracco Diagnostic Inc)
  • Opsens
  • Heartflow, Inc.
  • Siemens Healthineers
  • Pie Medical Imaging
  • Cathworks
  • Medis Medical Imaging Systems Bv

Technology Coverage (Market Size & Forecast, Main Consumer Analysis etc.):

  • Invasive Monitoring
    • Pressure Guidewires
    • FFR Measurement Systems
  • Non-Invasive Monitoring

Application Coverage (Market Size & Forecast, Main Consumer Analysis etc.):

  • Single-Vessel Diseases
  • Multi-Vessel Diseases

Region Coverage (Regional Consumption, Demand & Forecast by Countries etc.):

  • North America (U.S., and Canada)
  • Europe (Germany, U.K., France, Italy, Spain etc.)
  • Asia-Pacific (China, India, Japan, Indonesia, Malaysia, Australia, South Korea, etc.)
  • South America (Brazil, Mexico, Argentina etc.)
  • Middle East & Africa (Saudi Arabia, Kuwait, UAE, South Africa etc.)

Frequently Asked Questions

The global Fractional Flow Reserve market size is estimated at USD 870.8 million in 2020, expanding at a CAGR 17.8% from 2021-2027.
North America captured the highest revenue in 2021 and is projected to continue its dominance during the study period.
The global Fractional Flow Reserve market size is estimated at USD 870.8 million in 2020, expanding at a CAGR 17.8% from 2021-2027.
Asia Pacific (especially China, and India) region is projected to grow at the fastest growth rate during the study period.
The market is fragmented, with several major players. In terms of market share, the market is currently dominated by a few major players. Companies' strategic initiatives to develop the product are expected to boost market growth. For example, Koninklijke Philips NV launched an IntraSight Interventional applications platform in 2019 that includes iFR, FFR, and IVUS solutions. Opsens Medical, Abbott, Boston Scientific, GE Healthcare, Siemens Healthcare, Cathworks, Medis Medical Imaging System, Pie Medical Imaging BV, Heartflow Inc., and Koninklijke Philips NV are among the market leaders.Major players in the industry engage in organic as well as inorganic growth strategies like strategic merger & acquisition, partnership, and new product launches and product enhancement to remain competent in the market.

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