Market Overview:
The global fractional flow reserve devices market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing prevalence of cardiovascular diseases, technological advancements in fractional flow reserve devices, and rising demand for minimally invasive procedures. Based on type, the global fractional flow reserve devices market is segmented into fractional flow reserve guidewires, fractional flow reserve monitoring systems, and others. The others segment includes products such as coronary stents and balloons. Fractional Flow Reserve Guidewires are expected to dominate the market during the forecast period owing to their high adoption rates across hospitals and clinics worldwide. Fractional Flow Reserve Monitoring Systems are also anticipated to witness significant growth during the forecast period due to their ability detect even minor changes in blood vessels that may lead to heart attacks or strokes. Based on application, the global fractional flow reserve devices market is segmented into multi-vessel disease and single-vessel disease. Multi-vessel disease accounted for a larger share of the global market in 2017 owingto its high prevalence across different regions worldwide.
Product Definition:
A fractional flow reserve (FFR) device is a medical device that is used to measure the degree of obstruction in the coronary arteries. FFR devices work by measuring the difference in blood flow between two points in a coronary artery. This difference can be used to determine whether or not an artery is completely blocked and requires treatment.
Fractional Flow Reserve Guidewires:
Fractional flow reserve (FFR) guidewires are used for the visualization of internal carotid artery in the neck and its partecipation in the cerebral vasculature. FFR is a useful tool for assessing risk factors associated with stroke, mainly ICA stenosis or occlusion. The rising prevalence of such diseases as a result of aging or due to some other genetic disorders is expected to drive growth during the forecast period.
Fractional Flow Reserve Monitoring Systems:
The global fractional flow reserve monitoring systems and it's usage in fractional flow reserve devices market size was valued at USD 1.6 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period on account of rising prevalence of cardiovascular diseases across the globe, increasing geriatric population base, growing healthcare awareness among individuals as well as technological advancements pertaining to fractional flow monitoring system.
Application Insights:
The multi-vessel disease segment dominated the market in 2017. This is attributed to the rising prevalence of multi-vessel diseases such as heart failure, atrial fibrillation, and stroke. Moreover, increasing awareness among patients regarding treatment options other than open heart surgery is expected to drive growth over the forecast period.
Single-vessel disease segment is expected to witness significant growth during the study period owing to an increase in number of single-vessel coronary artery diseases and growing geriatric population across regions coupled with rising adoption of advanced technologies for early diagnosis & management procedures are anticipated to boost demand over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing R&D investments by various companies and rising adoption of advanced technologies in clinical diagnosis and patient care. Moreover, growing target population base with high risk of developing cardiovascular diseases, increasing prevalence of diabetes, presence of sophisticated healthcare infrastructure are some other factors driving the regional market growth.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to improving healthcare facilities & infrastructure coupled with growing awareness among patients for early diagnosis and treatment options available for MVD & CVDs. Furthermore, favorable government initiatives such as “Hospital E-Health†project implemented by Ministry Of Health And Family Welfare (MoHFW) India is also anticipated to boost the demand for fractional flow reserve devices in this region during forecast period from 2018 to 2030 timeframe.
Growth Factors:
- Increasing incidence of coronary artery diseases (CAD) due to changing lifestyle and unhealthy eating habits.
- Growing demand for minimally invasive procedures for the treatment of CAD.
- Technological advancements in fractional flow reserve devices that offer enhanced accuracy and precision.
- Rising number of cardiac surgeries performed each year globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fractional Flow Reserve Devices Market Research Report
By Type
Fractional Flow Reserve Guidewires, Fractional Flow Reserve Monitoring Systems, Others
By Application
Multi-vessel Disease, Single-vessel Disease
By Companies
Philips, Abbott, Boston Scientific, Bracco, Opsens, Philips
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
133
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Fractional Flow Reserve Devices Market Report Segments:
The global Fractional Flow Reserve Devices market is segmented on the basis of:
Types
Fractional Flow Reserve Guidewires, Fractional Flow Reserve Monitoring Systems, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Multi-vessel Disease, Single-vessel Disease
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Philips
- Abbott
- Boston Scientific
- Bracco
- Opsens
- Philips
Highlights of The Fractional Flow Reserve Devices Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fractional Flow Reserve Guidewires
- Fractional Flow Reserve Monitoring Systems
- Others
- By Application:
- Multi-vessel Disease
- Single-vessel Disease
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fractional Flow Reserve Devices Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fractional flow reserve devices are a type of air conditioning compressor that use fractional horsepower to increase airflow. This allows the unit to work at lower speeds, which in turn reduces noise and emissions.
Some of the major companies in the fractional flow reserve devices market are Philips, Abbott, Boston Scientific, Bracco, Opsens, Philips.
The fractional flow reserve devices market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fractional Flow Reserve Devices Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fractional Flow Reserve Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fractional Flow Reserve Devices Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fractional Flow Reserve Devices Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fractional Flow Reserve Devices Market Size & Forecast, 2018-2028
4.5.1 Fractional Flow Reserve Devices Market Size and Y-o-Y Growth
4.5.2 Fractional Flow Reserve Devices Market Absolute $ Opportunity
Chapter 5 Global Fractional Flow Reserve Devices Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Fractional Flow Reserve Devices Market Size Forecast by Type
5.2.1 Fractional Flow Reserve Guidewires
5.2.2 Fractional Flow Reserve Monitoring Systems
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Fractional Flow Reserve Devices Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Fractional Flow Reserve Devices Market Size Forecast by Applications
6.2.1 Multi-vessel Disease
6.2.2 Single-vessel Disease
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fractional Flow Reserve Devices Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fractional Flow Reserve Devices Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Fractional Flow Reserve Devices Analysis and Forecast
9.1 Introduction
9.2 North America Fractional Flow Reserve Devices Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Fractional Flow Reserve Devices Market Size Forecast by Type
9.6.1 Fractional Flow Reserve Guidewires
9.6.2 Fractional Flow Reserve Monitoring Systems
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Fractional Flow Reserve Devices Market Size Forecast by Applications
9.10.1 Multi-vessel Disease
9.10.2 Single-vessel Disease
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Fractional Flow Reserve Devices Analysis and Forecast
10.1 Introduction
10.2 Europe Fractional Flow Reserve Devices Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Fractional Flow Reserve Devices Market Size Forecast by Type
10.6.1 Fractional Flow Reserve Guidewires
10.6.2 Fractional Flow Reserve Monitoring Systems
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Fractional Flow Reserve Devices Market Size Forecast by Applications
10.10.1 Multi-vessel Disease
10.10.2 Single-vessel Disease
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Fractional Flow Reserve Devices Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Fractional Flow Reserve Devices Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Fractional Flow Reserve Devices Market Size Forecast by Type
11.6.1 Fractional Flow Reserve Guidewires
11.6.2 Fractional Flow Reserve Monitoring Systems
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Fractional Flow Reserve Devices Market Size Forecast by Applications
11.10.1 Multi-vessel Disease
11.10.2 Single-vessel Disease
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Fractional Flow Reserve Devices Analysis and Forecast
12.1 Introduction
12.2 Latin America Fractional Flow Reserve Devices Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Fractional Flow Reserve Devices Market Size Forecast by Type
12.6.1 Fractional Flow Reserve Guidewires
12.6.2 Fractional Flow Reserve Monitoring Systems
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Fractional Flow Reserve Devices Market Size Forecast by Applications
12.10.1 Multi-vessel Disease
12.10.2 Single-vessel Disease
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Fractional Flow Reserve Devices Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Fractional Flow Reserve Devices Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Fractional Flow Reserve Devices Market Size Forecast by Type
13.6.1 Fractional Flow Reserve Guidewires
13.6.2 Fractional Flow Reserve Monitoring Systems
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Fractional Flow Reserve Devices Market Size Forecast by Applications
13.10.1 Multi-vessel Disease
13.10.2 Single-vessel Disease
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fractional Flow Reserve Devices Market: Competitive Dashboard
14.2 Global Fractional Flow Reserve Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Philips
14.3.2 Abbott
14.3.3 Boston Scientific
14.3.4 Bracco
14.3.5 Opsens
14.3.6 Philips
