Covina, Oct. 09, 2023 (GLOBE NEWSWIRE) -- The Fractional Flow Reserve (FFR) provides readily available, straightforward and quantitative technique to cardiologists to determine the physiologic significance of coronary stenosis. Around 0.94 to 1 is the normal range of Fractional Flow Reserve.
Growing geriatric population across globe have given rise in prevalence of chronic diseases. The aging causes changes in blood vessels and heart leading to risk of heart diseases which in turn, is likely to propel Fractional Flow Reserve market growth. Further, continuous technological development and favorable government policies for penetration of medical devices is expected to boost the demand for Fractional Flow Reserve market growth over the forecast period.
Analyst View:
Rapidly growing urban population, increased obesity, and prevalence of diabetes and cardiovascular diseases worldwide has given positive impact on target market growth. Further, presence of major players and growing strategic acquisitions & partnerships among companies to strengthen its position in fractional flow reserve market is anticipated to increase demand for market growth.
Fractional Flow Reserve Market growth:
- Increasing Prevalence of Cardiovascular Diseases: Cardiovascular diseases remain a leading cause of mortality worldwide. The rising incidence of heart-related conditions has been driving the demand for FFR procedures and technologies.
- Technological Advancements: Ongoing advancements in FFR technology have improved the accuracy and efficiency of FFR measurements. These advancements make FFR a more attractive option for both healthcare providers and patients.
- Growing Awareness: Healthcare professionals have become increasingly aware of the benefits of FFR-guided interventions, leading to greater adoption of this technique.
- Reimbursement Policies: Favorable reimbursement policies in some regions have incentivized healthcare providers to use FFR, further boosting its adoption.
- Expanding Aging Population: The aging population is at a higher risk of cardiovascular diseases, which contributes to the increased demand for FFR procedures.
- Emerging Markets: As healthcare infrastructure improves in emerging markets, the adoption of advanced medical technologies like FFR is expected to rise.
- Competitive Landscape: The FFR market has seen the entry of various companies offering FFR measurement systems and related products, leading to competition and innovation.
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Report Scope:
| Attribute | Details |
| Base year for estimation | 2022 |
| Forecast period | 2022 – 2032 |
| Market representation | Revenue in USD Billion & CAGR from 2022 to 2032 |
| Market Segmentation | By Product - FFR Monitoring Systems, FFR Guidewires By Application - Single-vessel Coronary Artery Disease, Multi-vessel Coronary Artery Disease |
| Regional scope | North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
| Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
Key players:
- Boston Scientific Corporation
- Abbott Laboratories
- Opsens Inc
- Koinklijke Philips N.V.
- Siemens Healthineers
- ACIST Medical Systems
- CathWorks
- Pie Medical Imaging
- Medis Medical Imaging Systems BV
- HeartFlow Inc.
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Future outlook:
- Technological Advancements: Continued innovation in FFR technology is likely to improve accuracy, ease of use, and patient outcomes. This might involve the development of non-invasive or minimally invasive FFR measurement methods.
- Wider Adoption: As the benefits of FFR-guided interventions become more apparent, it may see broader adoption not only in developed countries but also in emerging markets where healthcare infrastructure is improving.
- Integration with Other Technologies: FFR may be integrated with other cardiovascular imaging and diagnostic technologies to provide a more comprehensive assessment of patients' heart health.
- Personalized Medicine: The future of healthcare is increasingly focused on personalized treatment plans. FFR measurements could play a significant role in tailoring interventions to individual patients, optimizing outcomes, and reducing unnecessary procedures.
Key questions of Fractional Flow Reserve Market:
- What is the Current Market Size and Growth Rate?
- What Are the Market Drivers and Inhibitors?
- Who Are the Major Players in the FFR Market?
- What Are the Emerging Technologies in FFR?
- How Is the Market Segmented?
- What Are the Regional Market Opportunities and Challenges?
Conclusion:
The Fractional Flow Reserve (FFR) market is a dynamic and evolving sector within the field of interventional cardiology and cardiovascular care. To gain a comprehensive understanding of this market, it's essential to consider various factors and ask key questions, including those related to market size, growth drivers, emerging technologies, regulatory considerations, and competitive dynamics.
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