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.
Full Research Report On Fractional Flow Reserve Market Visit Here:
https://www.grandviewresearch.com/industry-analysis/fractional-flow-reserve-ffr-market
Fractional Flow
Reserve Market Report Highlights
- 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.
Request a Sample Copy of the Report @
https://www.grandviewresearch.com/industry-analysis/fractional-flow-reserve-ffr-market/request/rs1
Fractional Flow
Reserve Market Segmentation
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