According to the latest report by IMARC Group, titled “Fractional Flow Reserve Market Size: Global Industry Trends, Share, Growth, Opportunity and Forecast 2022-2027,” The global fractional flow reserve market is expected to exhibit a CAGR of 12.1% during 2022-2027.
Fractional flow reserve (FFR) is a techniquethat assists in the coronary catheterization for measuring pressure differences across coronary artery stenosis. It evaluatesthe ratio between the achievable blood flow in a diseased coronary artery and the theoretical maximum flow in a normal coronary artery. It comprises specialized guidewires that efficiently penetrate through arteries and identify blockages to determine the surgical procedures required.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry 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.
Global Fractional Flow Reserve Market Trends:
At present, healthcare professionals are relying on FFR as it is cost-effective and aids in saving lives while avoiding unnecessary surgical procedures.This represents one of the major factors creating a positive outlook for the market. Additionally, the increasing geriatric population, which is more vulnerable to cardiovascular diseases (CVDs), is driving the market. Furthermore, unhealthy eating patterns, physical inactivity, hypertension, and high BMI, cholesterol and glycemic levels are resulting in the growing prevalence of heart diseases.This, coupled with rising research and development (R&D) activities to improve overall outcomes while using FFR, is impelling the market growth.
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Global Fractional Flow Reserve Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
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.
The report has segmented the market on the basis 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
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
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