Fractional Flow Reserve Market Share, Size, Growth, Opportunity and Forecast 2020-2025

Press Release:

Global Fractional Flow Reserve Market to Witness Strong Growth During 2020-2025, Impelled by Increasing Incidences of Cardiovascular Disorders

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Fractional Flow Reserve Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

Market Overview:

The global fractional flow reserve market grew at a CAGR of around 10% during 2014-2019. Fractional flow reserve (FFR) is used in cardiac catheterization to measure pressure differences across coronary artery stenosis. It determines the ratio between the maximum achievable blood flow in a diseased coronary artery and the theoretical maximum flow in a normal coronary artery. It has minute guidewires that can efficiently penetrate through arteries and help surgeons decide whether further surgical procedures, such as stenting or angioplasty, are required. At present, healthcare providers around the world rely on FFR as it is cost-effective and helps save lives while avoiding unnecessary surgical procedures.

According to the United Nations (UN) ‘World Population Ageing Report’, the global geriatric population (aged 60 years and above) was 962 Million in 2017 and is anticipated to reach 2.1 Billion by 2050. The aging population represents one of the major factors strengthening the FFR market growth, as older adults are more vulnerable to cardiovascular diseases (CVDs). Apart from this, high BMI, hypertension, rapid urbanization, physical inactivity, increasing consumption of fast food, and high blood sugar and cholesterol levels are some of the other leading risk factors for heart diseases and stroke, which in turn is escalating the demand for FFR across the globe. Furthermore, according to an article by the Society for Cardiovascular Angiography and Interventions (SCAI) published in May 2019, FFR offers valuable insights post angiography and impacts the treatment plans and outcomes among patients with the acute coronary syndrome (ACS) and stable coronary artery disease (CAD). Increasing research regarding the benefits of FFR is anticipated to accelerate its adoption among healthcare professionals. Looking forward, IMARC Group expects the global fractional flow reserve market to continue its strong growth during the next five years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global fractional flow reserve market report, along with forecasts for growth at the global, regional and country level from 2020-2025. Our report has categorized the market based on region, product, application and end user.

Breakup by Product:

FFR Guidewires
FFR Monitoring Systems

Breakup by Application:

Multi-Vessel Coronary Artery Disease
Single-Vessel Coronary Artery Disease

Breakup by End User:

Hospitals and Ambulatory Surgery Centers
Diagnostic Centers
Others

Breakup by Region:

North America
- United States
- Canada
Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
Middle East and Africa

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Abbott Laboratories, ACIST Medical Systems Inc. (Bracco S.p.A.), Boston Scientific Corporation, CathWorks Ltd., Heartflow Inc., Koninklijke Philips N.V., Medis Medical Imaging Systems B.V., Opsens Inc. , Pie Medical Imaging B.V. (Esaote Group), Siemens Healthineers AG and Terumo Medical Corporation.

Key Questions Answered in This Report:

How has the global fractional flow reserve market performed so far and how will it perform in the coming years?
What are the key regional markets?
What has been the impact of COVID-19 on the global fractional flow reserve market?
What is the breakup of the market based on the product?
What is the breakup of the market based on the application?
What is the breakup of the market based on the end user?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global fractional flow reserve market and who are the key players?
What is the degree of competition in the industry?