Fractional Flow Reserve Market Trends To Reach $1.08 Billion By 2025: Grand View Research, Inc.

Posted on 2019-03-25 by researchinsights in Healthcare // 0 Comments

San Francisco, United States, 2019-March-25 — /EPR Network/ —

The global fractional flow reserve market size is expected to reach USD 1,080.3 million by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 10.5% during 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. Additionally, 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 October 2017, GE Healthcare and Medis, a Dutch based imaging software provider entered into a collaborative agreement in an attempt to increase clinical availability of image-based fractional flow reserve technology, offered by Medis.

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.

$U.S. fractional flow reserve market$

To request a sample copy or view summary of this report, click the link below:
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 about 54.0% in 2018, owing to extensive usage in single and multiple vessel CAD
FFR guidewires are expected to witness a higher CAGR over the forecast period due to increase in fractional flow reserve procedures conducted globally
North America was the leading revenue contributor in the market in 2018. The growth can be attributed to increased investments in R&D by medical device companies
The Asia Pacific FFR market is anticipated to experience noteworthy growth due to rising healthcare spending and increasing diabetes incidence in countries such as China and India
Some of the key companies operating in the market are OPSENS Medical, Abbott Laboratories, Boston Scientific, and Bracco S.p.A.
Industry participants are engaged in extensive research activities to develop novel FFR products for diagnosis of cardiac disorders.

Related Report of Medical Devices :

Grand View Research has segmented the global fractional flow reserve market on the basis of product, application, and region:

Fractional Flow Reserve Product Outlook (Revenue, USD Million; 2014 – 2025)

FFR guidewires
FFR monitoring systems

Fractional Flow Reserve Application Outlook (Revenue, USD Million; 2014 – 2025)

Multi-vessel coronary artery disease
Single-vessel coronary artery disease

Fractional Flow Reserve Regional Outlook (Revenue, USD Million; 2014 – 2025)

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

Access Press Release of This Research Report by Grand View Research:
www.grandviewresearch.com/press-release/global-fractional-flow-reserve-ffr-market

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.

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