The global fractional flow reserve market size is expected to
reach USD 1.20 billion by 2026, according to a new report by Grand View
Research, Inc. expanding at a CAGR of 10.4% over the forecast period. widening
base of cardiovascular diseases coupled with mounting cases of diabetes in
developed as well as developing economies is escalating the growth of the
market. Furthermore, launch of novel devices in fractional flow reserve (FFR)
market such as guidewires and monitoring systems are also anticipated to aid
market growth. For instance, in May 2019, Philips launched IntraSight
interventional applications platform. This platform offers comprehensive unit
of IVUS, FFR, IFR and co-registration modalities to speed up the routine
procedures and simplify complex interventions.
In an independent study by SCAI, in
2019 it was observed that FFR possess the capability to decide the treatment
plan for Acute Coronary Syndrome (ACS) which could be either PCI (Percutaneous
Coronary Intervention) or CABG (Coronary Artery Bypass Grafting). This is
anticipated to help the physicians and provide effective treatment plan to
patients, thereby increasing adoption of the same in coming five years.
Moreover, consolidation activities,
such as acquisition of St. Jude by Abbott in 2017 in order to increase its
foothold in the cardiovascular devices market, is likely to keep the market
highly competitive and thereby, augur well for the overall market.
Browse full research report on Fractional Flow Reserve Market: https://www.grandviewresearch.com/industry-analysis/fractional-flow-reserve-ffr-market
Further key findings from the report suggest:
- FFR monitoring systems accounted for significant share of
over 40.0% in 2018 owing to the extensive usage in single and multiple
vessel CAD.
- FFR guidewires is expected grow at a profitable growth rate
over the forecast period due to increase in fractional flow reserve
procedures conducted globally.
- North America held the significant share of FFR devices
industry as of 2018, due to the increased investment in R&D by the
medical device companies. For instance, a bill was approved by the U.S.
congress in May 2018 via which an individual can try unproven medical aids
comprising drugs, medications and devices in case of severe illness.
- Asia Pacific regional FFR industry is anticipated to witness
major growth due to rising healthcare spending and rise in diabetes cases
in countries such as China and India.
- Some of the key companies operating in the fractional flow
reserve market are OPSENS Medical, Abbott Laboratories, Boston Scientific,
and Bracco S.p.A. among others.
- The industry participants are engaged in extensive research
activities to develop novel FFR devices for diagnosis of cardiac
disorders.
Browse
request sample of this report by Grand View Research: https://www.grandviewresearch.com/industry-analysis/fractional-flow-reserve-ffr-market/request/rs1
Grand View Research has segmented the global fractional flow
reserve report on the basis of product, application, and region:
Fractional Flow Reserve Product Outlook (Revenue, USD Million;
2014 - 2026)
- FFR
guidewires
- FFR
monitoring systems
Fractional Flow Reserve Application Outlook (Revenue, USD Million;
2014 - 2026)
- Multi-vessel
coronary artery disease
- Single-vessel
coronary artery disease
Fractional Flow Reserve Regional Outlook (Revenue, USD Million;
2014 - 2026)
- North
America
- U.S.
- Canada
- Europe
- Germany
- U.K
- France
- Italy
- Spain
- Asia
Pacific
- China
- India
- Japan
- Australia
- South
Korea
- Latin
America
- Mexico
- Brazil
- Argentina
- Middle
East & Africa
- South
Africa
- Saudi
Arabia
- Turkey
About
Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
For
more info visit @ https://www.grandviewresearch.com
No comments:
Post a Comment