Fractional Flow Reserve Market to Hit 16% CAGR to 2024 Led by Heart and Cardiovascular Diseases in All Over Globe

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New report added on fractional flow reserve market growth largely driven by rising geriatric population & subsequent growth in prevalence of cardiovascular diseases, cost benefits of FFR & presence of a favorable reimbursement scenario for FFR.

Fractional flow reserve market growing at 16% CAGR and expected to reach US$ 1,082 million by 2024 from an estimated US$ 516 million in 2019. Study analyzes fractional flow reserve market and aims at estimating size and future growth potential based on technology, application, and region. Report includes a competitive analysis of key players in market.

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Fractional Flow Reserve Market Overview by Pressure Guidewires, FFR Measurement Systems Applications to 2024. Key Insights of Fractional Flow Reserve for North America and Europe Region. Analysis by Abbott (US), HeartFlow, Inc. (US) and Koninklijke Philips N.V. (Netherlands). Fractional flow reserve market dominated by single-vessel diseases & multi-vessel diseases. Single-vessel diseases segment is expected to market in 2018.

“Asia Pacific fractional flow reserve market is expected to grow at the highest CAGR during the forecast period.”
Fractional flow reserve market segmented into invasive and non-invasive monitoring. Invasive monitoring segment accounted for largest share of market in 2018. Large share of this segment can be attributed to strong recommendation for FFR usage in coronary angiography by the American College of Cardiology, American Heart Association, European Society of Cardiology (ESC), and the European Association for Cardio-Thoracic Surgery (EACTS).

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The fractional flow reserve market report analyzes the based on technology, application, and region. Comprehensive information about lucrative emerging markets. This segment is slated to register the highest CAGR during the forecast period, due to the rapid growth in the geriatric population and the increasing prevalence of cardiovascular diseases.

Key players in the fractional flow reserve market are 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).

Recent Developments
• Abbott Laboratories is a healthcare company that develops, manufactures, and markets a broad and diverse range of health care products.
• HeartFlow is a personalized medical technology company seeking to transform the way cardiovascular disease is diagnosed and treated. The company provides Heartflow FFR-CT, the first available non-invasive solution that enables a physician to more accurately evaluate.
• Philips operates as a health technology company worldwide. The company offers products for diagnostic imaging, image-guided therapy, patient monitoring, health informatics, consumer health, and home care.

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Report analyzes fractional flow reserve market for various fractional flow reserve solutions across regions. Exhaustive information about products, untapped regions, recent developments, & investments in fractional flow reserve market. Asia Pacific, comprising China, India, Japan, & Rest of Asia Pacific countries, offers high-growth opportunities for players in fractional flow reserve market.

Break of primary participants:
• By Company Type – Tier 1–55%, Tier 2–25% and Tier 3–20%
• By Designation – C-level–43%, Director Level–32%, Others–25%
• By Region – North America–38%, Europe–23%, Asia Pacific–29%, RoW–10%

The fractional flow reserve market report company offers products for diagnostic imaging, image-guided therapy, patient monitoring, health informatics, consumer health, and home care. Through this agreement, Philips will promote the use of the Heart Flow FFRct Analysis in conjunction with Philips’ advanced catheters for the imaging and assessment of a patient’s coronary arteries.

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