The global demand for Fractional Flow Reserve Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Fractional flow reserve is a metric for determining the functional relevance of epicardial coronary artery stenosis. The distal coronary pressure of the stenosis is divided by the aortic pressure during maximal hyperemia to compute fractional flow reserve (FFR). In cardiac catheterization, fractional flow reserve (FFR) is used to calculate pressure changes across the stenosis in coronary arteries. It determines the ratio between the theoretical maximum flow in a normal coronary artery and the maximum attainable blood flow in a sick coronary artery. It features small guidewires that can easily penetrate arteries and assist surgeons in determining whether additional surgical operations, such as stenting or angioplasty, are necessary. At present, healthcare providers worldwide rely on FFR as it is cost-effective and helps save lives while avoiding unnecessary surgical procedures. The gold standard for detecting if the stenosis is generating inducible ischemia is the FFR.
Market Dynamics
The increase in the older population, which leads to a rise in the occurrences of coronary artery disease and the cost-benefit analysis, is likely to propel the fractional flow reserve market forward over the forecast period. Furthermore, the favourable reimbursement scenario and the rising prevalence of coronary artery disease and high blood pressure are expected to drive the fractional flow reserve market forward. The increasing frequency of cardiovascular diseases and the possibility for expansion in developing countries will provide the fractional flow reserve market with even more growth opportunities in the coming years. However, one of the issues expected to hamper the fractional flow reserve market's growth in the timeframe period is interventional cardiologists' unwillingness to use FFR. Despite this, invasive FFR's technical limitations may pose a new obstacle to the fractional flow reserve market's expansion during the study period.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of fractional flow reserve. The growth and trends of fractional flow reserve industry provide a holistic approach to this study.
Market Segmentation
This section of the fractional flow reserve market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Technology
- Invasive Monitoring (Pressure Guidewires, FFR Measurement Systems)
- Non-Invasive Monitoring
By Application
- Single-Vessel Diseases
- Multi-Vessel Diseases
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Fractional Flow Reserve market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Fractional Flow Reserve Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the fractional flow reserve market include Abbott (US), Boston Scientific (US), ACIST Medical Systems (US), Koninklijke Philips N.V. (Netherlands), Opsens, Inc. (Canada), HeartFlow, Inc. (US), Siemens Healthineers (Germany), Pie Medical Imaging (Netherlands), CathWorks (Israel), and Medis Medical Imaging Systems BV (Netherlands). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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