The fractional flow reserve market is predicted to cross the mark of USD 1,282 million by 2025 with a CAGR of 16.4% from USD 444 million in 2018, as per Zion Market Research. Development in the global market is majorly credited to the increasing elderly population and the subsequent development in the occurrence of cardiovascular diseases, the presence of a favorable reimbursement scenario for FFR, and cost benefits of FFR.
The major players in the global market for fractional flow reserve are Boston Scientific, Abbott, Koninklijke Philips N.V., ACIST Medical Systems, HeartFlow, Inc., Opsens, Inc., Pie Medical Imaging, Siemens Healthineers, Medis Medical Imaging Systems BV, and CathWorks.
Invasive Monitoring Segment Predicted To Have The Biggest Fractional Flow Reserve Market Share
On the basis of technology, the global market is divided into non-invasive monitoring and invasive. The invasive monitoring section added up for the biggest share of the global fractional flow reserve market in 2019. The huge share of this section can be credited to the solid suggestion for FFR employment in coronary angiography by American Heart Association, the American College of Cardiology, the EACTS (European Association for Cardio-Thoracic Surgery), and ESC (European Society of Cardiology).
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Pressure Guidewires To Maintain Its Dominance In The Global Fractional Flow Reserve Market
Based on the type, the global market is divided into FFR monitoring systems and pressure guidewires. The pressure guidewires section added up for the bigger share in 2019. This can be credited to the solid suggestion for guided revascularization by calculating FFR in particular clinical cases, development in the number of PCI operations, and the single-use nature of pressure guidewires.
Multi-Vessel Diseases Segment To Develop At The Quickest Pace In The Long Run
Based on application, the global market is divided into multi-vessel diseases and single-vessel diseases. In 2019, the single-vessel diseases section added up for the bigger share of the global market. The huge share of this section can be credited to the high occurrence of single-vessel coronary artery disorders.
North America Projected To Have The Biggest Share Of The Global Market In The Years To Come
North America is the primary income-creating area in the global market for fractional flow reserve. The global market in the area is boosted by increasing occurrence of lifestyle diseases and CVD, high healthcare investment, a huge number of current product launches & R&D activities, development in the elderly population, the quick adoption of technically enhanced imaging systems, and accessibility of reimbursements.
This review is based on a report by Zion Market Research, titled “Fractional Flow Reserve Market by Application (Multi-vessel Diseases, Single-vessel Diseases), Technology (Non-invasive Monitoring, Invasive Monitoring (FFR Measurement Systems, Pressure Guidewires)), and Region – Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 – 2025”
The global fractional flow reserve market is segmented as follows:
- Invasive Monitoring
- Pressure Guidewires
- FFR Measurement Systems
- Non-invasive Monitoring
- Single-vessel Diseases
- Multi-vessel Diseases
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
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